Compare the value of different each-way terms and odds

Due to the nature of the exchange trading system it’s impossible for a sports betting exchange to offer customers the ability to pick and mix multiple bets. The common bookmakers double, treble and ACCA bets aren’t available at exchanges.

• Responsiveness of customer support (email, live chat, phone)
• Operating hours of live support
• Quality and helpfulness of FAQ or help center
• Availability of support in multiple languages

Bet’s like a Trixie, Yankee, Canadian, Heinz, Lucky 15, Lucky 31, Lucky 63, etc, cannot be offered on exchanges for the reasons explained in the following paragraph. The betting exchange would need to create literally hundreds of thousands, possibly tens of millions of individually traded markets for some events.

OLBG Experts Top 10 Best Overall UK Betting Sites

A brief rundown on the top exchanges base rate commissions charged on winnings are as follows: BETDAQ – 2% – (0% on all sports betting markets, other than horse racing, greyhounds, football and cricket) Promo codes are available for new players that offer a 0% commission for a set period, usually 30 days with most exchanges. Also a package of additional offers including free bets is usually offered. For a more in depth look at exchanges commissions please check out our individual online betting exchange reviews and or our exchange bonus offer comparison page. The actual commission charged may depend on a number of factors, including overall account winnings, player account reward tier selected, location of the actual event and location of the account. While cash outs are available on both sports betting exchanges and bookies there are some key differences. This would be required to enable them to cover all possible outcomes on markets and runners and also multiples across different events, which is what bookmakers allow players to do.

What Makes A Good Betting Site?

Not only what’s currently available and displayed on the online betting exchange interface, but what market making automation houses and other betting exchange users make available when there isn’t displayed liquidity to fully match a bet price request. In a high profile English Premier League betting market there may typically be around $/€/£1K–100K showing on the exchange interface as available at the best price in the windrawwin match odds market, but should a user place an order for $/€/£ +100K it’s all but guaranteed be filled. Individual bet’s in excess of $/€/£500K have been made and filled on exchange markets. This simply isn’t possible on non-exchange venues, with limits of single figures, bet latest bookmaker offers AFTER the decimal point often being placed on accounts (if you’re one of their winning customers). The volume graphs below are from an English Premier League match between Leeds United and Liverpool, displaying in the top charts the exchange market betting volume pre-match, and in the lower set of windrawwin match odds graphs the volume of bets and huge price moves during inplay trading and live score betting.

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For a bet to be immediately matched on either the back or the lay side of the book, there must be a corresponding bet on the opposite side, in order to match the bet. Once a bet has been matched, those amounts are removed from the markets available liquidity and added to the markets traded volume. Usually, UK & Irish horse racing online betting markets have around £500K-1M matched on the Betfair exchange when they turn to inplay trading, with 10%-20% more being added while inplay during live betting. Bigger racing meetings like Royal Ascot, Cheltenham and Goodwood generate market volumes right up to around 5 million and more, in some races. A typical English Premier League game and some other top flight European matches in the 1X2 windrawwin betting markets volume is usually around £3M-7M by the final whistle, with most of the market volume coming from inplay trading and live score betting.

Only bet with money you can afford to lose

There is however significant volume on other markets, available to trade both pre-match and during live score betting and inplay trading. The image below displays the Betfair Exchange full match view, again during a Man Utd vs Newcastle EPL match. On the left of the panel, over under 2.5 and any other goal amount markets are displayed along with numerous other markets. Correct score markets, both teams to score, goal lines, half time, and the Asian handicap markets are usually well traded both pre-match and during live score betting and inplay trading too. Most sports betting exchanges charge a commission on winning bets returns. What bookies also allow is cash outs on ACCAs and other most types of other multiples at any point during the ACCAs duration, until it is settled as a win or loss.

The best betting odds strategies

Decimal Odds: Decimal odds include the stake within a single odds figure. So decimal odds of 5.0 would return 4 times the stake and also add the stake itself, +1. In this example, for a $/€/£10 bet, the return would be $/€/£50. Winnings of $/€/£40 plus the $/€/£10 stake also returned. Fractional odds: Fractional odds are a ratio of the amount won compared to the stake.

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So fractional odds of 11/10 returns $/€/£21 for every $/€/£10 wagered, $/€/£11 plus the stake of $/€/£10. Or 4/1 would return winnings of 4 for every 1 wagered, exactly the same as the decimal odds example of 5.0 above. To convert fractional odds to decimal odds just divide the fraction and add one (one is the stake). For example, with fractional odds of 9/4, the 9 would be divided by 4, then 1 would be added to give decimal odds of 3.25 See the table below for some more comparisons. Decimal odds provide a much closer ratio between betting market prices than fractional odds do, so there really is no reason for punters to use fraction odds when gambling.

Competitive odds

A market overround, also known as a book percentage is available for both the back and lay side of a betting market. It is the total of priced probability across all outcomes of a single market combined into a single % figure for either side of the market. A back book % overround of 100% would indicate that if all runners or outcomes on that market were backed with back bets of an equal size at the current prices on offer, then the bets total, if combined, would return an equal amount as all stakes combined, assuming the bet won. Conversely, the same is true for the lay book side of the market. On the back and lay book side of the market anything more or less than 100% would indicate backing or laying all selections would result in a loss. If a player had a 7-fold ACCA on the weekends football fixtures for instance, bookies will allow gamblers to cash out at any point throughout its duration.

• Range of available deposit methods (credit/debit card, e-wallet, bank transfer)
• Processing times for deposits and withdrawals
• Any fees associated with transactions
• Minimum and maximum deposit/withdrawal limits
• Availability of cryptocurrencies
• Security measures for financial data

Be that between games, or even when the selected fixtures are still inplay in most cases. Inplay trading and live score betting on sports betting exchanges is becoming more and more popular as it offers one of the best ways to beat the house.

Bookmaker	iOS App Store Rating	Google Play Rating	Live Streaming in App
Bet365	4.8	4.6	Yes
Sky Bet	4.7	4.5	Yes
Paddy Power	4.6	4.4	Yes
Ladbrokes	4.4	4.2	No
Coral	4.3	4.1	No

Inplay trading can be done in a variety of different ways. With football betting markets for example a player can watch the live event online or on TV, and use the live football statistics feeds available within online betting exchanges websites or elsewhere, to get a gauge on the game and place bets accordingly.

• Promotions for existing customers (acca insurance, money back offers)
• VIP or loyalty program benefits
• Enhanced odds promotions and price boosts
• Seasonal or event-specific special offers
• Refer-a-friend program details

There are multiple websites available offering live score betting inplay statistics, and game data with a variety of different interfaces, and for a variety of different sports.

Football Leagues Included

With the previously explained nature of overrounds on the aforementioned online betting venues markets, if the odds taken when the bet was initially placed were of a lower value than might have been available at an exchange, then odds when cashing out inplay are also likely to be worse, resulting in a poor value overround being applied to the bet twice. While sports betting exchanges try to strictly follow live score inplay game data and events to suspend cash outs for any reason, such as a VAR, red card or a penalty decision in a football betting market. Some more unscrupulous online betting venues may suspend cash outs based on this live score betting inplay data, should it indicate that suspension of the market may help or protect their current liability or profit. This is obviously not good for punters’ live score bets and inplay trading, should they have been planning to cash out. Multiples markets are only available on exchanges if they’re listed and traded as individual markets. While live football game data is the most popular live game statistics for punters to follow, live sports stats are available for many other sports both on and off sports betting exchange websites, including: NFL American Football, NBA Basketball, MLB Baseball, NHL Ice Hockey, to name a few.

How to choose a betting site

This however is what forms the market and even if there is only a single point between the back and lay side of the book, the back book % and lay book % will be slightly above or below 100%. Pub gambling machines’ lay book % has to be a minimum of 70%, but they’re typically around 78%. This is a lay book payout % as slot machines spin the reels to lose, unfortunately. Bookies typically give a back book % overround figure if they provide one at all, as they don’t offer lay bets. When football match betting with bookies, overrounds can be around 110-120%.

100% up to £30

With horse race betting markets they’re usually around 130%, but in some cases up to and over 150%. Generally the more runners or outcomes a single event contains, the higher or lower the book percentages will be, as there is a higher chance of margins between each of the outcomes due to the greater number of them. A well traded horse racings book % for instance will almost always be higher than that of a well traded football game. As horse races often contain over ten runners or outcomes, whereas a football match only has three. Home, draw, away or 1X2, windrawwin as some prefer to term the outcomes.

Fantastic for a Football Bet– talkSPORT BET

Even with an overround as close to 100% as possible this still doesn’t guarantee a profit long term, but finding an edge and long term profit in an exchange market that’s trading at just over or less than 100% rather than the 110% to 150% available at non betting exchange venues is obviously going to be much easier. If you view the horse racing market start price picture from an odds comparison site below, the difference is staggering. ISP is the Industry Starting Price, BSP the Betfair Starting Price. Market liquidity is determined by the amount of money available on the back and lay side of the book. The only limit to bet sizes is what’s available in the market.