One of the most interesting features of the Betting Exchange is that it is possible to trade bets , exchanging them with other users during the event. In fact, with Punta e Banca you can open or close new positions at any time, this technique is called Sports Trading .
By position we mean any bet made in Betting or Bank mode. For example, betting on odds at 2.10 or placing odds at 1.50 represent two different positions.
With Sports Trading the bettor, in this case better known as a Trader or Sports Trader , deals with buying and selling positions, generating a profit from the fluctuation of the odds.
How many times have you lost a ticket in the last minute or maybe the last second? It would have been nice to be able to close the bet early having a sure win maybe winning a little less. Well, with the Betting Exchange, this dream comes true and the technique is referred to as betting trading.
The mechanism is very similar to what you can see in a stock market or in the currency market (Forex) for this reason Sports Trading is sometimes known as the Betting Exchange.
Sports Trading Example
Let’s take a practical example of trading bets for the Italy-Brazil match, the odds 1 before the start of the match is given at 3.50 because most traders think of a Brazil win or a draw. But we are sure that Italy will win or that at least score a goal first and therefore the 3.50 share will inevitably drop.
So let’s take into account that we bet 100 euros on the 3.50 odds (Punta), possible winnings in the event of Italy’s victory of 350 (250 net).
Towards the 60 ‘minute Italy takes the lead 1-0, with the traditional bookmakers at this point we should cross our fingers and suffer for another 30 minutes hoping that the result will remain the same or that at the end of the match the blues win.
With the Betting Exchange instead we can do trading and have a certain payout given by the fluctuation of the share . In fact, if Italy took the lead at that point, the odds for its victory will drop drastically, for example to 1.50 at which point our gain will be given by the fluctuation of 2 points (from 3.50 to 1.50) for a total of 200 euros. net.
So the choice is between waiting for the end of the game, suffering for 30 minutes and hoping to win the 250 euros or immediately close the bet by selling it at 1.50 and having a profit of 200.
The answer is obvious.
Of course this is not always the case, sometimes the oscillation of the betting market is minimal in fact in the first we had hit an interesting odd, in other cases maybe instead of a sure win of 200 euros we will have a sure win of 5 euros and not sure of 100 euros then at that point one would think of keeping the bet open.
Deciding whether to trade the bet or not depends on the moment and the progress of the game, we will talk about it in the Betting Exchange strategies for the moment we are interested in having introduced the concept of Sports Trading and having made it clear its enormous potential to win more easily. with sports betting.
Sites and Bonuses
To use the Betting Exchange you can use Betfair.com or Betflag, here are the bonuses available for registration. Select the one you are interested in for details:
- Betfair: 100% Exchange Refund up to € 10 valid for 5 weeks.
- Betfair: 10 EUR now + 400 EUR welcome.
