Betting Exchanges and Lay Betting – An Introduction

Too many gamblers are still living in the ‘dark ages’ and will
only ever place a freebet with a traditional bookmaker.
They either can’t be bothered to learn how the exchanges work
or simply don’t realise the features and value that can be had
when betting within an exchange environment.

Believe me, using a betting exchange is very easy, and if you
are not already using at least one exchange you should join one
immediately after reading this article…

I’m not saying that a betting exchange should be used for all
your betting. There will still be occasions when a traditional
bookmaker will offer more desirable odds than those that are
available on the exchanges. However, in the majority of cases
you will find better value on the exchanges and additionally
there are other VERY IMPORTANT features that only the betting
exchanges offer. More on this later…

–> So What Is A Betting Exchange?

Put very simply, betting exchanges are a secure place where
members of the betting public can exchange bets with each
other anonymously, at odds that they specify themselves. The
exchange companies simply act as the ‘middleman’ and match
peoples bets.

As there are no bookie margins to factor in, prices are very
often more desirable. The betting exchange companies make their
money by taking a commission payment on your winning bets. This
is usually in the region of 3 – 5%, but even taking this into
account, it’s very common to find better prices on the exchange.

The cumulative effect of better prices when combined with a good
staking plan, can make the difference between you generating a
healthy profit or a bad loss. Using an exchange does not mean
you will automatically win more frequently! You still have to
find good value winning bets yourself or via a professional
tipster but it’s the effect of getting a better return on your
winning bets that will boost your betting bank and protect you
during losing streaks.

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