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
