Great Soccer Online Recommendations 3
The key to a successful betting exchange, as well as the individual's success on an exchange, is the amount of "action," or even the number of participants. All exchanges work on the basis of matching a lay bettor (one "laying" a bet that a team will lose) with back bettor (one "backing" a team to win); as a result, the better participants in an exchange, the better likely one is to have his bet matched. If there is no matching bet, there's no bet. Despite the fact that you will find now hundreds of betting exchanges available, in order to be successful the punter has to operate in an exchange with a great deal of "action" or many participants. A bit of research - looking for both the number of participants and the quantity of liquidity - online should help reveal the "action" degree of any particular exchange.
Another factor to be aware of is choosing an exchange with a great site deal of "action" on the correct sports. Although most exchanges allow betting on a range of sports, many exchanges have become popular with punters seeking to bet on particular sports. As an example, some exchanges have more "action" on European or World Cup soccer betting whilst others emphasize English football. Assuming the punter has a preferred league, finding the exchanges with the most "action" for that league is very important. This information can frequently be found by looking at online forums focused on your desired sport.
Certain exchanges also emphasize specific national markets which can make an impact, especially when betting terminology differs. By way of example, in Australia where several of the terminology differs, or in Germany where the core language differs, focusing on an exchange that caters to the home market might help prevent misunderstandings and bad bets. A punter can often locate exchanges that cater to his national market by looking at online forums focused on that national gaming market.
Another key consideration to take note of is the exchange's commission policy. All of the leading exchanges make their cash by charging a commission on winnings, and since a wager only comes about once a lay bettor and also a back bettor are matched, often there is a winner or a loser for each bet. Knowing the commissions charged by the exchange is a vital part of making profit and responsible bets. Most, but not all, exchanges have some manner of sliding scale for their commissions based upon the total amount of activity; the more activity and money within the punter's account, the less the commission. However, this isn't true of all exchanges. It is rather vital that you review an exchange's commission policy before joining and depositing money.
The above mentioned will be just a few of the key things which the smart punter should look at before joining an exchange. You'll find, bear in mind, many other factors that can be taken into account, but the ones cited above are by far the most important. Choosing the best exchange might make or break betting fortunes, so doing some research beforehand is undoubtedly worth the effort.
