How I generate income by exchanging sports bets
These days, I notice that the world of sports betting is constantly evolving. Therefore, I believe that punters need to adopt strategies that reflect these changes. On that topic, I find that betting exchange is a new subgenre of sports wagering that’s not only become very popular but it’s also a great way for me to earn more money. The following guide explains the different ways that I can use to boost my chances of winning by exchanging sports bets.
What’s involved in exchange betting?
First of all, I see exchange betting as a new style of sports betting. It’s an alternative way for me to bet that allows me to take on the role of either the sports betting provider or the punter. In other words, in this form of wagering, the odds as well as the game amounts are set by punters and not a bookmaker. The betting exchange platform then serves as an intermediary between player-punters and sports betting provider players.
Exchange betting offers two kinds of possible bets. On one hand, I can make “BACK” bets, meaning betting in the same manner as with a regular bookmaker. Thus, during a competition between Brazil and France, I am free to wager on my favourite team. On the other hand, it’s also possible for me to make “LAY” bets. In this case, it means betting “Against” a particular team’s victory. For example, if I think that France will beat Brazil in overtime, I would simply wager the amount of my choice on a « Lay » bet against Brazil. In the event of a victory, I win my bet, meaning that I win my bet as well as those of the punters who accepted my challenge.
However, in the event of a loss, I lose not only my own wager but I must also pay the punters who accepted my challenge.
With respect to financial transactions made as part of Back and Lay sports betting, I find that the site guarantees their security. Therefore, I can cash out instantly whenever I want simply by using one of the payment methods accepted on the betting site.
Specialized players in the market:
Since access to market leaders such as Betfair or Matchbook is restricted, I recommend using a sports betting broker (intermediary).
N°1
The safe bet
| Min. deposit 100€ |
| 400€ |
| "AC400" gives 20% on the first deposit |
Allows you to bet with AsianOdds to get the best odds from Asian books.
+ Access to PS3838 and Orbit Exchange
1st on Exchange
| Min. deposit 100€ |
| No bonus |
The broker provides access to BLACK, a specialized platform that finds the best real-time quotes from a multitude of bookies.
+ Access to Pinnacle and Orbit Exchange
How can betting exchange contribute to my success?
- If I’m a novice when it comes to sports betting, then I should immediately adopt exchange betting. And if I’m a seasoned sports bettor, here are four reasons why I should opt for this method of making predictions as a way of increasing my winnings. First of all, platforms that offer this kind of service have the best betting odds on the market. And this is completely understandable since the odds are set by the punters themselves.
- Incidentally, when I trade on a betting exchange site, I’m only charged a 5% commission on my winnings in the event of a victory. In the event that I lose my bet, then no commission is deducted at all. The benefit here is that betting exchange commissions are only half of what bookmakers charge. Therefore, it’s safe for me to conclude that exchange betting is a very profitable system compared to regular sports betting sites.
- The third benefit of exchange betting is undoubtedly the opportunity for me to make « lay » bets. This option makes it possible for me to win money more easily than with bookmakers. For example, during a match that pits Switzerland against France, I’m no longer required to guess the exact probability. In other words, instead of betting on the best scorer, I can trade on a player that I deem incapable of being the top scorer. And that’s much easier compared to the betting options available with bookmakers!
- The last feature that makes exchange betting a must for earning a profit on sports betting investments is that it’s impossible for my wager to be voided. On tipster platforms, bets are sometimes voided. With exchange betting, my bet either wins or loses. Bets are never voided. However, that means that I should take great care in making the right decisions with this kind of prognosticating because going back is no longer possible!
Some advice for becoming profitable
To increase my chances of winning when it comes to making predictions on sporting events in the context of betting exchanges, the first thing I need to do is carefully choose a gambling platform. In fact, unlike regular bookmakers, the odds and bets are suggested by the bettors themselves. Therefore, it would be wiser for me to register on a platform that has a high number of users. In particular, this will provide me with more opportunities as well as greater gambling solvency.
Finally, it’s essential for me to have an aptitude for good analysis in order to make accurate decisions. With Back and Lay betting, it’s not possible for me to make combination bets. That means I must be sure of my prediction before placing my wagers. Additionally, I should avoid going « all in », even when I’m sure to win the bet. By doing this, I not only risk losing my bankroll very quickly, but I also risk developing a gambling addiction.
Summary:
| To learn how to make a profit | through betting exchange |
| sports betting | follow this guide |
