There is only one sure way to win on sports betting, how? What is the ultimate betting strategy? One that has been a source of income for as long as there have been sports to bet on?
Well, everybody says that only the bookmakers win, so how do they win?
When you place a bet on a sportsbook or with a traditional bookmaker, the bookie or the layer on the other side of the sportsbook always seems to be up on the deal at the day. How is this possible?
In this video, we examine bookmakers and how they price a market and how that results in you losing money. Even if you use some good betting tips or are great at betting predictions, you can still lose unless the market is fair.
We use decimal odds in this video, the sort of odds you see on the Betfair exchange.
While we are focusing on the bookies here and not specifically Betfair trading, this video should prove useful for your understanding of the betting exchange markets. At the end of the video, I show a football market in Bet Angel and compare it to the bookmakers’ betting coupon and show you how that differs and where the bookmaker’s margin is.
Pricing a market as a bookmaker is very different from matched betting, hopefully, you will see that in this video.
#betting #bookmaker #sportsbook
Link do Vídeo
Wtf is the exchange?
So the lower the margin meaning bookmaker doesn't want to take risks of loosing money therefore it gives a higher probability of winning 🤔??? The margin on a match with Liverpool vs Wolverhampton is 15 percent. Meaning if Liverpool looses they get 15 percent back just because Liverpool is such a bug favourite. But if the margin is 1 percent than the bookmaker would only make 1 percent if Liverpool looses?
Thanks to trading against people like you for the past couple of years, I'd have to use a 2p coin for the toss! 😉 LOL
6:46 surprised they even let you through the door lol
Do U use the date to win money, I use the date for 1st goal kicker in sports letters and numbers unbelievable
I need help
What betting channel can I join to kill bookies?
Just here because of peaky blinders
I get all of what you’ve just said in this video… but how do you possibly know which way prices will go in either a football match as in this case or harder still a horserace with 3, 5, 7 or even more runners??
Sir plz tell us about market load during live match
The bookmakers are telling you what the truth is in their warning, "When the fun stops, stop". Because the fun will stop when you've lost your house! I think this is the most destructive addiction of them all.
Now thats an interesting idea. Becoming the bookie. If you were to do it would you cover all 3 outcomes in the game eg 1 x 2? & wouldnt it be a struggle to get people to take the lower prices?
exchanges are geared for backers as you have higher odds, nightmare for a layer, can think of only one system that has ever worked long term and that I believe only generates 10 points or so a month.
Woow
Best advice find a edge I had a guy with 95 per strike rate 👍👍👍 rest comes easy
If it works you would not have been a you tuber
I have a proposition for anybody who wants to try; the quicker you are able to answer the better your RQ apparently should be… I have 3 propositions; #1 you flip a coin and you hit heads I pay you 75$ if you hit tails you pay me 50$. #2 you roll a dice if you roll number 6 I pay you 750$ but if you roll any other number you have to pay me 100$. #3 you decide to pass to both previous propositions! What is your choice?
Coin tosses are also fixed in cricket so don't be fool to bet on tosses
A perfect example of the coin toss market in the professional sports world is a cricket match where we can bet on the coin toss before the game .If the bookmakers are feeling generous they usually offer 4/5 (1.8) on either team to win
I pay 5% on my exchange wins, so i'd want to use the bookie to back Newcastle. Im trying to figure out how low the odds would need to be to make the exchange bet a better deal……… I did it like this: I figured id win 80p-4p(5%)=76p for each £ wagered in the exchange so any odds greater than 1.76 make the bookie a better deal right? Is it that simple or am I doing something wrong? Also I'm new to most of this (Ive been matched betting for a couple of months, thats it) Is there a way to get a better deal out of betfair? I'm pretty sure I heard someone saying they pay less than 5% in a video I watched a few weeks ago?? Maybe I didn't hear it right? Cheers 🙂
Oh Boy! That explains why you're a South***pton fan . You BELIEVE it'll work out alright eventually. The rest of us are just cynics. ;->
coin flip genius
So are you saying that Huddersfield are value to back in Betfair as the bookies price has the biggest difference?
I'd be surprised if Newcastle were still 4/5 in that bookmakers just before the off. Most of them are sneaky and don't inform the punters that the odds have changed when they give you your betting slip back. You can quite often get the odd arb off the fixed odds coupons in William Hill though. As long as the stakes aren't too high.