Trading betting strategy allows bettors to use the change in odds in order to make money. Exchange betting is very fruitful for applying trading in order to lock in profits because bettors have the opportunity to place both back and lay bets. Trading can be very profitable if bettors understand how it works.
What is Trading Betting Strategy in Exchange Betting?
Trading betting strategy in a betting exchange is placing bets on both sides of an outcome in order to guarantee a profit regardless of how the game will result. Bettors can back an outcome and lay this again on the same event in order to make a balanced position.
How Trading Betting Strategy Works?
Back Bet
Bettors need to pick an event and choose the market they want to bet on. First they need to place a back bet at a specific odd. In a betting exchange, they can either accept an odd already offered for their back bet or offer their own odds.
Watch the Odds Movement
As soon as they place their back bet at the odds they have chosen, bettors need to keep a close eye on the how the odds will move. If the odds start to change and drop, then it is an opportunity to apply trading betting strategy.
Lay Bet
If the odds drop, bettors need to place a lay bet against their first selection at new dropped odds.
This way, they have backed at higher odds and they have laid at lower odds. They will profit no matter what the outcome of the game is.
A Practical Trading Betting Strategy Example
Back Bet
A bettor decides to use trading strategy on a tennis match between Player A and Player B.
They place a back bet and they stake 10€ on Player A to win at odds of 3.00.
If Player A wins the tennis game, the bettor will receive back 30€.
If Player A loses the game, the bettor will lose their 10€ stake.
Odds Movement
The tennis match begins and Player A is performing very well. The odds start dropping and at some point during the game the odds drop to 2.00. The bettor decides it is a good time to apply trading betting strategy and place their lay bet.
Lay Bet
The bettor places a lay bet and they stake 15€ on Player A not to win at odds of 2.00.
If Player A wins the game, the bettor will receive 30€ from the back bet and they will lose 15€ from the lay bet. The bettor in this case will receive back 15€ in total. Given that the stake was 10€, the net profit of the bettor will be 5€.
If Player A loses the game, the bettor will lose their 10€ stake from the back bet and they will receive 15€ from the lay bet. The bettor will receive back 5€ in total.
From the example it is understood that in both scenarios the bettor has secured a 5€ profit regardless which player wins the tennis game.
Why Use Trading Betting Strategy?
Trading betting strategy in exchange betting has many benefits for a number of reasons.
1. It has zero risk: using trading betting strategy to place both back and lay bets, bettors can lock in a profit without any risk of losing money.
2. It is more flexible: with trading, bettors can make bet adjustments while the event is in progress. This way, they can watch changes and make quick decisions in order to make more profit.
3. It can lead to permanent profit: Becoming skilled in this strategy, bettors can make small profits all the time. These small profits over time they can make a very big amount.
4. the outcome does not matter: with trading betting strategy, bettors can no longer rely on whether they have predicted the outcome correctly or not. They only need to watch correctly the movement of the odds.
In Conclusion
In exchange betting, trading betting strategy is a smart way to use the odds changes and make a profit. Bettors can place back and lay bets and secure an amount of money regardless of the outcome of the game. With trading, the risk is dropped to zero, and bettors have more control over their bets. If trading is applied correctly it can lead to consistent profit. All it takes is some effort in understanding how odds work.