From the Betting exchange site’s home page, you need to go to the race that you want to bet on. This will take you to the betting screen with the prices. The odds will be constantly changing as more money is bet on a race. Near the off of a race, the situation can quickly change with some sites, the screen will automatically change to show the new odds but with some you may need to refresh the screen to see the most up to date odds. Continue Reading »
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Advantages and disadvantages of a betting exchange
Advantages: The prices with a betting exchange are around 17 to 20 per cent better than those offered by bookmakers. This is because bookmakers factor in a profit on every book that they make in order to cover their overheads and to make a profit. Since you are betting against an individual on a betting exchange, this does not apply. The prices will be determined by what other people are prepared to risk. Since they are only backing one horse, they do not have to make profit on all horses running, as a bookmaker has to. You also have the advantage that you can ask for a better price than is currently on offer and wait for someone to match your request. Continue Reading »
Articles tore 07 Nov 2008 No Comments
