Horse racing betting exchanges is progressively more popular among punters. There are many benefits, when a person engages in such betting exchanges, since it offers the ease of placing bets online.
In addition, a person does not have to go to racetracks for placing daily bets, since the exchange software is able to do it through the Internet. You can even attain horse racing outcomes immediately, since they will be sent to you on real time.
Betting Exchanges Increase Earnings:
Oftentimes, horse racing betting exchanges increases an individual's earnings irrespective of the outcomes. This is particularly because they are not like bookies who tend to claim a greater share of the acquired earnings. Betting exchanges increase a person's odds by about 24 percent.
In such exchanges, you only need to reimburse the exchange by a small percentage of the attained winnings. Moreover, it is possible for you to act as a bookie yourself. A person only bets against other punters present online as against the usual bookies in the racetracks. Unlike conventional racecourses, betting exchanges provide the ability to lay. You can set odds regarding a racehorse not succeeding in a specific event. This is because a person has easier opportunities to make sure that a horse will lose.
In fact, this capability to lay enables a person to attain profits irrespective of the direction the racing outcomes may turn. You can back at a greater price and lay at a smaller price thus making sure that profit will be achieved whatsoever. This is definitely a win-win situation.
For instance, you can bet that horse X will win for $14 at 10/1 at the time of first race. You can then lay at 2/1 in the next race. To guarantee profit irrespective of whether the horse wins or loses you give $32 of the possible earnings to attain $13, if the horse fails.
If the horse wins at first race, there will be a $100 earning. If the horse wins in the next race, there will be a loss of $30 or a win of $15. Thus, regardless of the horse racing results a person can still earn money.
Better, Odds Offered:
Online punters have the option of not taking initial offers on their bets. A person can opt for the best available odds and resolve for its potential winnings. An individual can also ask for better odds. Sometimes individuals have to depend on their instincts and determine accordingly, if better prices are available or not. It is important to wait and have patience.
There is no punishment, if a person constantly wins in horse racing betting exchanges. Bookmakers on the other hand discriminate a person after a few wins by closing accounts and limiting stakes.
The beauty of horse racing betting exchanges is the facility of letting an individual earn big without any limit. Even if a person's horse loses in horse racing outcomes it will not matter because of the placing of a lay bet. The person will still be able to recover money.
About Eric Smith :
Eric Smith is a professional player on betfair and he has taught many friends and peers to make money on betting exchange, particularly on betfair. He cares very much about his readers who are reading this. Click to visit his website http://www.winningbetfair.com to find out more. He is a small bettor, but the amount he makes over time has been snow ball. His effective techniques he used and has made him $10,391 in 47 days with small stakes.
Don't be a gambler, be a smart player.