In a simple term, a betting ecxhange is a market place for customers to bet on the outcome of sports event. Betting Exchanges allow their customers to set their own sports odds and create their own market while a betting bookmarker (Bet9ja,1960bet, Nairabet, Betking, Sportybet) fixed the odds by themselves, therefore reducing the actual odds of the matches by underpricing them and making it difficult for their customers to achieve long term profit. No betting bookmarker can offer the true value odds of any match because of the "betting margin" inputed in every match by the betting bookmarkers. For an explained of what a "betting margin" is then you can click on that link ( https://bettinglounge.co.uk/guides/sports-betting-explained/betting-margins/ ).The betting bookmarkers underpriced the match odds, therefore encouraging their customers to accumulate more matches which means more risk and higher chance of failure. We ve said that before that if you re really serious about making a steady profit on sport betting then use a betting exchange where you can set your own and create your own market. Betfair is the largest betting exchange in the world and everything you need to know about them is here. www.betfair.com ,
https://www.goalprofits.com/betting-exchanges-explained/ . Below is a match between Chelsea Vs Leed Utd in Betfair Exchange scheduled to take place today. You can see that Chelsea was priced 1.52 to win the match but i ve increase the odds to 1.70 to beat Leeds Utd and stake $10.
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