Betfair - Understanding The Odds: Unterschied zwischen den Versionen
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− | When punters first join the Betfair betting exchange | + | When punters first join the Betfair betting exchange the most confusing features may be the method that the possibilities are displayed. In the UK conventional bookmakers use fractional odds including 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds method is used 2.5, 3.0,4.3 or 34.0.<br><br>You can simply convert fractional odds into decimal 6/4 is 6 divided by 4 that gives you 1.5 + your stake which = 1. So 6/4 could be the same as 2.5 for the exchange. If you consider what are the results whenever you place a wining bet which has a bookmaker your provide him with your stake money. He places your bet at the agreed odds, say 4/1. If won by you he offers you 4x your stake A�40 plus your original investment back. On the exchanges you won't ever actually hand over your stake to anyone so naturally no have to be returned.<br><br>The odds around the exchanges tend an average of to get along with 20% more than those available from the bookies. On outsiders with larger odds the main difference might be considerably greater. Horses pricing 33/1 or 50/1 by bookmakers is frequently bought at three figure odds for the exchanges.<br><br>Although chances could be better it is to get offset if your bet or lay works you will have to pay 5% commission. His is generally easily offset from the better prices that you just re getting this isn't always true when betting on short priced horses.<br><br>Because Betfair win, i.e. take a 5% commission from either the backer or layer, sboarena no matter what result unlike bookmakers they do not care how many times shipped to you. This means when you are successful there's no danger of needing your money closed.<br><br>The betting exchanges are growing in importance around the globe and in case you are thinking about horse racing and betting then you should use the internet here and take a look on the exchanges, especially Betfair. |
Version vom 5. Oktober 2020, 02:54 Uhr
When punters first join the Betfair betting exchange the most confusing features may be the method that the possibilities are displayed. In the UK conventional bookmakers use fractional odds including 6/4, 2/1, 100/30 or 33/1. On Betfair a decimal odds method is used 2.5, 3.0,4.3 or 34.0.
You can simply convert fractional odds into decimal 6/4 is 6 divided by 4 that gives you 1.5 + your stake which = 1. So 6/4 could be the same as 2.5 for the exchange. If you consider what are the results whenever you place a wining bet which has a bookmaker your provide him with your stake money. He places your bet at the agreed odds, say 4/1. If won by you he offers you 4x your stake A�40 plus your original investment back. On the exchanges you won't ever actually hand over your stake to anyone so naturally no have to be returned.
The odds around the exchanges tend an average of to get along with 20% more than those available from the bookies. On outsiders with larger odds the main difference might be considerably greater. Horses pricing 33/1 or 50/1 by bookmakers is frequently bought at three figure odds for the exchanges.
Although chances could be better it is to get offset if your bet or lay works you will have to pay 5% commission. His is generally easily offset from the better prices that you just re getting this isn't always true when betting on short priced horses.
Because Betfair win, i.e. take a 5% commission from either the backer or layer, sboarena no matter what result unlike bookmakers they do not care how many times shipped to you. This means when you are successful there's no danger of needing your money closed.
The betting exchanges are growing in importance around the globe and in case you are thinking about horse racing and betting then you should use the internet here and take a look on the exchanges, especially Betfair.