Betting exchange and ways to make money on it. How betting exchanges work. What is a sports betting exchange

Making money on Forex seems to be elementary - all you have to do is place a bet on the growth or decline of the currency rate and you can already count the profit, but this is only at first glance. Actually, Forex bets- is not gambling, but purposeful speculation, which does not tolerate a careless approach and disregard for basic rules. As you may have guessed, today we will talk about how to bet on Forex, what they are, and also list the main risks and methods of forecasting exchange rates.

First of all, you need to decide on a Forex dealer through which transactions will be made. There are several factors to consider when choosing a company:

• the dealer must provide a demo account on which trading conditions are identical to real deposits;
• the potential counterparty must have a positive reputation;
• even if opening a real account is not yet in the plans, I recommend reading the offer (client agreement) so that there will be no surprises later.

On the last point, the most common case can be cited - a trader develops a system for making short-term bets on Forex (i.e. plans to hold a deal for several minutes), starts trading, and his account is blocked, since the deal center's offer has a restriction on the minimum holding time position.

I made my first minimum bets in the foreign exchange market at Alpari, although then there was not much choice, but it should be noted that this company has always been very loyal to customers and even today occupies a leading position in the Russian market.

Forex4you can be a good alternative, even though it is almost 10 years younger than Alpari, but in terms of service it is practically not inferior. By the way, at most dealers you can start trading with minimum investment(on accounts up to $ 10).

How to bet on the Forex exchange

To place a bet on Forex, one account is not enough, you will also need a special software- trading terminal. Today there are many different programs, some companies even create their own platforms, but Metatrader 4 is especially popular among Forex traders.

As a rule, each dealing center on the website has a special download section where you can download the terminal version for any operating system, for example, on the Forex4you website, this section looks like this:

After the application has been installed on a device (PC, smartphone or tablet), you need to log in by executing the command "File - Connect to a trading account" (if a demo account was opened on the company's website), or select the item "Open an account":

After the program has offered to select a server, press the button "next" and in the window "select the type of account" put a checkbox in front of the item "new demo account":

Then we click on the "next" button again and fill out the registration form (it is allowed to use fictitious data, except for email).

Now you can make training bets on Forex, I draw your attention - on a demo account, the user does not bear any responsibility and therefore can "drain" as much money as he wants, all these numbers are virtual.

To make the simplest bet on the Forex exchange, you need to select a currency pair in the "market overview" (let it be EURUSD), right-click and click on the "new order" item in the menu that opens. A window of the same name will appear, in which you can buy a pair by clicking on the blue “buy” button, or sell it by selecting the red “sell” button.

In the first case, a bet will be made on the growth of the euro against the US dollar, and in the second, on the contrary, the trader will bet on the weakening of the European currency against the American.

What other bets are there on forex and how to control risk

I have just looked at a primitive example of making a deal at a market quote, a similar approach is used either by completely green beginners or experienced traders (such a pun). There are also pending orders that allow you to place bets on the Forex market at a predetermined price.

To use this instrument, you need to select a “pending order” opposite the word “type” in the order settings window (instead of “immediate execution”).

The program will offer four options:

1. Buy stop - buy above the current price;
2. Sell ​​stop - sell below the current price;
3. Buy limit - buy below the current price;
4. Sell ​​limit - selling the current price.

To limit the risk, a special tool is provided - stop loss:

It is set at a level after reaching which the previous forecast becomes irrelevant, in other words, erroneous. Many newbies ignore the "stops", and therefore drain real accounts in one day, blaming the dealing center for their mistakes.

In principle, the motivation of a speculator is the same everywhere, whether it is the auto parts market or Forex, the main thing is to buy cheap and sell high (of course, the above concepts are relative). Therefore, before doing even minimum rate on Forex, you need to study the market situation.

Many traders limit themselves to analyzing the news background and place bets depending on the strength of the published news and its impact on the rate (in terms of economic theory), but I recommend studying technical analysis, especially since dozens of different strategies, indicators and other methods have already been discussed in the articles.

Also I forgot to mark important point – to bet on Forex it is recommended for those pairs, the trading activity on which increases precisely at the time when you can pay attention to the market. For example, if a trader lives in Europe, it is better for him to trade pairs with European currencies, but it is reasonable to ignore Asian ones, since the most interesting movements on them will take place at night. The converse is also true.

Betting exchange and ways to make money on it

More recently, gambling enthusiasts have overcome, at times, unthinkable distances with one goal: to make a forecast for a particular sporting event. Today, such trips fade into the background. Today they are becoming more and more popular. Many players make their predictions from the comfort of their homes. This is very convenient, isn't it? But this is not the ultimate dream of the player. Indeed, in the bookmaker's office, not one analyst is fighting against you, but a whole staff of such specialists. Each of them is an expert in their field, and therefore it will be quite difficult for an ordinary player to outplay such an army of specialists. Where can you find such an institution in which you could fight one on one with the same player? The way out of this situation was not long in coming. Soon, sports betting exchanges began to appear in the gambling industry. To date, they have tightly captured their niche in the gambling market and are not going to slow down their growth rates in the near future.

It is obvious that the sports betting exchange, in contrast to the bookmaker's office, offers much better and much more favorable conditions for the game for an ordinary player. The first plus, as we mentioned above, is the game against the player, not against the think tank. Naturally, the army of specialists makes mistakes quite rarely, so the bookmaker's office always remains in the black. Sometimes gambling establishment is defeated and in such cases the bookmaker incurs colossal losses. But these losses against the background of constant gains are nothing.

On the sports betting exchange, as on any similar exchange, lots with high and low odds are offered for consideration by players. Therefore, you need to pay special attention to monitoring events. It's no secret that the right choice lot depends on 50% of further success. In addition, every player on the betting exchange can feel like a bookmaker. In other words, he turns from a passive contemplator into an active user, that is, he begins to independently influence the size of the coefficient. Now each player begins to independently set the size of the coefficient and move it in one direction or another. Naturally, you should offer the players the odds that are closest to real events. After all, if you set the odds too high or too low for this or that event, then the probability that someone wants to play with you will be close to zero as much as possible. Therefore, you need to find the average value of the coefficient that will be interesting to your opponent.

But do not think that it is very difficult to understand here and therefore it is better to go to play at a bookmaker's office, where everything is quite simple. No! uses in his "work" two main types of bets: "for" and "against", in the English interpretation it will sound like this - "back" and "lay". In more popular words: in one version, you accept a bet from a potential opponent, and in the other, on the contrary, you offer your own version of the outcome of the event, that is, you act as a bookmaker. In any case, you are looking for a lot, and only then you begin to perform all sorts of manipulations with it. The option “for” practically does not differ in any way from a standard bet in a bookmaker's office, where you find an event and place a bet. For example, one player offers 1.8 odds for Brazil to win over England. You agree to these terms and accept this bet. Your bid is $ 100. As a result, if the Brazilian national team wins the England national team, your winnings will be $ 180. And if the fight ends in a defeat for the Brazilian national team or in a draw, then your money "disappears", that is, your bet is lost and your opponent gets 100 US dollars.

This is what we considered the first variant of bets “for”. Now we will analyze the second variant of bets “against”. For example, you already offer your own odds for the victory of the Brazilian national team over the England national team, which is equal to 1.85. The opponent agrees with your proposal and places a bet of $ 100 on the victory of the Brazilian national team. In the event that Brazil loses to England, you win $ 100. And if Brazil beats England, you have to say goodbye to $ 85.

Every year there are more and more fans at the betting exchange. And this is not surprising: higher odds cannot but attract gamblers. Therefore, the sports betting exchange opens up enormous opportunities for improving the financial situation of any player. But there are such professionals in the field of betting who have learned to combine the game on the betting exchange with the game in the bookmaker's office. In other words, they are hunting for "". Surprisingly, there are more and more such "hunters" every year. It turns out that if a player places a bet on the same event on the betting exchange and in the bookmaker's office, but only on opposite outcomes, then he will remain a winner in any final outcome of the fight. Such "forks" on the betting exchange can be searched for without odds, however, it will be quite difficult to find them, but still possible.

But the betting exchange is rich not only in the options of bets "for" and "against". In addition to these options, you can earn on the betting exchange using other methods - strategies. For example, bets during a sporting event, that is, live bets, have a fairly good reputation on the betting exchange. Agree, after all, according to the first minutes of the duel, you can already determine in what game form(physical, psychological) there are rivals. players can use it to play on outcomes, totals and, in some cases, even on the exact result of the fight.

The betting exchange also has a number of its distinctive characteristics, and this, first of all, concerns the site interface. Therefore, even seasoned players cannot start playing right away: they need some time to adapt. But if the player is even general outline familiar with the basic principles of betting, then soon he will already be one of the experienced players on the betting exchange. Therefore, if you are not lazy and constantly improve your playing skills, then soon you will be able to fully realize your ability to make a profit. After all, it is better to play against the same opponent than to fight with a horde of bookmaker analysts and their "hidden" margin, isn't it?

The most popular betting exchange among our players is. Detailed overview You can find exchanges and games on it by clicking on this link. We wish you all the best in your betting!

Date of publication: 13.10.2011

No news on the topic

	The list of bookmakers licensed in Russia that have the right to accept interactive bets (via the Internet) has been replenished with another well-known bookmaker. As you know, the company
	On the website of the bookmaker Leon, it was confirmed that the company has begun accepting interactive bets. “Bookmaker Leon is pleased to announce the start of admission on its official website

In Russia, betting exchanges appeared in 1999. First you need to decide how they differ from the classic bookmaker's office. Everything is extremely simple here:

• In a bookmaker, you compete with a bookmaker (he risks his money), and on the exchanges you play against the same clients of the institution (the exchange does not risk money, but takes a commission from the winner's winnings).
• On the exchange, a user can close a sports bet even before the end of the event if he has doubts about the final positive outcome.
• The odds on the exchange are almost 15% higher than in the bookmaker's office.

The margin of the institution is included in the line of the office (you are offered not a real coefficient, but an underestimated one). There is no margin on sports exchanges - only commission from winnings.

Let's calculate which is more profitable. The margin ranges from 4 to 10 percent, depending on the site. But the commission does not exceed 5 percent (usually even less). The conclusion is obvious: it is much more profitable to pay commission on winnings than to constantly win with a higher margin.

How the betting exchange works

The odds are formed by the players themselves, which is an indisputable advantage, but at the same time significantly complicates the trading process.

The interface of the betting exchange is similar to the bookmaker's office. But, having chosen the outcome, you may not always be able to place a bet right away. When quotes are good for one side, they may not be good for the other. Someone is expensive, someone is not satisfied with the coefficient, etc. The concepts of "market" and "trade" are quite applicable to sports exchanges - you really need to find a compromise and agree.

To play on the betting exchange, you need to create an account and go through the verification procedure.

How to play on the betting exchange

Remember, playing on the line is much easier than playing live - the odds change during the match. Let's figure out how to bet on the stock exchange using the example of an NBA match. The highest rates “for” are marked in blue, “against” - in red.

The cell indicates the coefficient, and below it - the amount maximum rate... If the player is satisfied with the conditions, then he agrees to the bet. To bet “for”, you need to click on the column and indicate a certain amount in the coupon. sum of money... It's simple.

When you bet against, you are the bookmaker. Usually, beginners choose the most likely outcome and charge to the favorite.

You are placing a bet against the victory of the Chicago Bulls for a maximum of € 56. Your liabilities are: 56 * 3.6 = 201.6 euros. If Orlando Magic wins, you win € 56. The exchange will take a commission from the amount received (usually it does not exceed 5%).

If the Chicago Bulls win, you will pay your opponent € 201.6, since you accepted the bet at odds of 3.6. In this bet, you are risking an amount that is almost four times the possible gain... This is because the likelihood of your victory is high enough. Calculate obligations before placing a bet.

At first it seems that it is quite difficult to play on the stock exchange. But if you understand the nuances, it becomes clear that the platform provides tremendous privileges. There are no betting limits, so the user can risk any amount. Exchanges do not block arbers. Here users hone any strategy in practice.

To finally figure out how to play on the stock exchange sports betting, we will answer common questions:

What do these pros and cons and why are there two?

Let's take a look at the example above. A bet for Chicago means you are betting on the Bulls to win. Against Chicago - to win or not to Orlando. It is clear that in basketball, where draws at the end of regular time are extremely difficult to predict, this is not so important. But for football, yes. In fact, a bet “against team 1” means, translating into bookmaker's language, the outcome is X2.

Am I playing against one user or several? Am I making a bet with a specific person?

You can play against one or more users. It all depends on the size of your bet and the number of people willing to place a bet on this market.

For clarity, let's choose an amount of $ 100. For example, five players bet 20 bucks on one event (the victory of "Chicago"), and you want to bet 45 against them. In this case, the system will accept the bets from two players in full (20 + 20 = 40), and from the third - only 5 dollars (45 - 40). To play the remaining 15 bucks, the third bettor must wait for the next opponent. So did the two remaining players from those five.

Accordingly, your initial bet can be accepted either by one opponent entirely at once, or several - in parts.

When I go to the match line, are the bets already offered by other players highlighted?

Quite right. In the line you can see the odds that other players offer for bets.

May I make my offer?

Of course. If you do not want to play on the available line, you can always offer your own odds.

When can I cancel my bet? If I found a better offer, but a player responded to my bet, can I delete it?

No. If your conditions are accepted by another bettor, then the bet cannot be deleted. You can withdraw an offer until users have accepted it.

Can I make two or three bets on one outcome? If so, how much is the maximum?

The exchange provides ample opportunities for participants. You can place an unlimited number of bets on one outcome for any amount.

Are there bets on the stock exchange only on the outcome of the match or totals, handicaps and everything else too?

Of course have! Exotic bets (eg “which team will throw out first” or “first goal of the match will be kicked”) are not available here, but most markets are represented.

How to negotiate with other players?

Users cannot communicate on the exchange. There is a special forum where players exchange various information and agree on rates. But on the site of the exchange it is not - this is another resource on which you need to register separately. For example, Betfair players have set up such a forum and are actually negotiating there.

Can I change the offer if no one responds?

Necessary. If no one wants to bet on your terms, the odds should be revised.

What about the withdrawal of money?

Everything is the same as in bookmaker companies: withdrawals to the card (study the issue with the commission and exchange rates), Qiwi, WebMoney, Yandex-money, etc.

Betfair betting exchange and its analogues

There are far fewer sites for betting with other players than bookmakers. The most famous is Betfair. It is the most popular and reputable betting exchange that offers a good line. She cuts the limits for players solely for breaking the rules.

There are other sites besides Betfair. But the user should understand that here, unlike bookmakers, there are different evaluation criteria: the more players, the better. Otherwise, you will not find an opponent to bet with (especially on unpopular markets).

• « Matchbook». A betting exchange with fairly high odds, which is included in the top list. The British site is the main competitor of Betfair. Differs in an intuitive interface, offers mobile app and gives a welcome bonus for novice players.
• « Betdaq». It is an Irish betting exchange that also competes with Betfair. Advantages: low commission (only 3%), excellent line for the top football championships in Europe, many different bonuses and promotions for both novice players and regular customers. Disadvantages: residents of the CIS countries are prohibited from registering on this betting exchange. The resource is in English.
• « Betsson». The main office is located in Stockholm. Differs in high reliability and good coefficients. Now banned on the territory of the Russian Federation. The administration of the exchange invites players to use mirrors.
• « MyBet». Sports betting exchange which is licensed by Malta. There is no Russian-language version of the site. Bets are accepted exclusively in euros. Provides interesting bonuses. Mirrors are available for trading on the stock exchange on the territory of the Russian Federation.
• « Smarkets». British Betting Exchange. Differs in good coefficients. The commission is 2%. All winnings (even large ones) are paid out without delay. The support service ignores Russian speaking customers.
• « Betliner». The betting exchange was founded in 2007. Licensed by Curacao and the Antilles. Compared to analogs, it provides fairly low coefficients and mediocre painting.

What is 1XBet betting exchange

1XBet was founded in 1999. The platform became the first bookmaker's office that provided users with the opportunity to play with each other. This allowed the brand to quickly become the leader among gambling organizations.

"1XBet" offers clients to place bets on almost everything known species sports, both preliminarily and in the "LIVE" mode. Also, the user can try his own hand at card games, arcades, roulette, etc. The service does not set limits on bets, allowing players to choose the amount on their own.

High odds are a significant advantage for users. After all, "1XBet" operates on the principle of a betting exchange, so there is no margin here.

Takes a commission on the winnings - 5%. But it can be significantly reduced. If a player regularly makes bets, the exchange awards him points. They are used to reduce the commission by 2-3%.

The support service works in several languages, including Russian.

Advantages and disadvantages of betting exchanges

Let's summarize and formulate why the exchange is better or worse than ordinary bookmakers.

Advantages:

1. No margin, only commission. It has long been calculated and proven that you can earn more distance by paying only commission on winning coupons.
2. High odds. Any sports betting exchange offers the user more acceptable odds than a bookmaker's office.
3. Several coupons. You can open several coupons for one event at once. Classic bookmakers often limit the number of bets per market.
4. Less controversy. Reduced chances of getting a refund for a line error or match contract coupon. After all, you are playing against another client, not against the exchange.
5. High limits. The maximum rates are noticeably higher, because the exchange does not risk its money (it is beneficial for the service that customers bid more - this increases the commission).

Disadvantages:

1. Search for an opponent. If you are betting on popular matches, then there will definitely be an opponent. If on unpopular ones (for example, the Cypriot basketball championship), it is much more difficult to make a bet.
2. Negotiation skills. Sometimes you have to bargain, so patience and the ability to find compromises will be required from you.

Conclusion

It cannot be said unequivocally which is better - betting exchanges or bookmakers. You will come across nuances that can both please and disappoint you. Novice gamblers are better off using the services of classic bookmakers. For professionals, exchanges are ideal. Especially if the user applies the “fork” strategy or bets impressive sums of money.

Charges a commission on the winning bets, which is 5%. Also recently, a tax was introduced - it is levied on the most winning betters and is 20% of the winnings.

If you have multiplied your deposit 5 times or more during the week, then you will have to pay 20% of your winnings.

Betfair is licensed in the UK, Germany, Italy, Austria, Malta and Australia. The office sponsors the Spanish premiere football club Malaga. In addition, the betting exchange has received awards such as the 2003 Queen's Prize in the Innovation category and a similar prize for 2008 in the international trade". On this moment the company has more than 60 awards and more than 3 million users, including a large part of the residents of the former CIS countries.

Interface, software, site usability

The Betfair website interface is very well suited for long and fruitful work. There are no bright colors. As, however, and distractions. The site is primarily designed for experienced players. For a beginner, the interface is at first difficult: different charts, changing odds, "for" and "against". Our article is designed to help you understand this variety of points.

Let's consider the interface and functionality of the portal based on the match of two football teams - Arsenal and Fulham.

The initial line for this event is empty. As soon as the players see the event that appears, they begin to set their odds. Almost always, the "bidding" begins with the lowest coefficient of 1.01 for the victory of the stronger team in a pair.

This means that some player, and maybe several, are ready to take the $ 10,000 bet on Arsenal to win at odds of 1.01. At the same time, he does not need to have $ 10,000 on his account, because the coefficient is 1.01 and it is enough for him to have $ 100. Hardly anyone would want to bet on Arsenal to win with such a low odds.

The real trading begins from this point. Let's say another bookmaker wants to bet $ 1,000 on Arsenal to win with odds of 1.17. This value will appear in an adjacent pink cell.

The purple (blue) cells contain people who accept bets (bookmakers), and the pink ones are those who are ready to bet money (players). Moreover, one and the same person can act both as a bookmaker and as a player.

The line is sorting the most advantageous offers. In the rightmost purple cell, there is the most advantageous offer to the players from the bookmakers, and in the leftmost pink square, the most advantageous offer from the players to the bookmakers is located. That is, if someone wants to accept a bet in the amount of $ 17,300 on Arsenal to win with odds of 1.09, he will move the bookmaker from the extreme purple cell with odds of 1.01. And if the player wants to bet on the odds of 1.16 with an amount of $ 5,000, then he will push the player from the left pink cell with the odds of 1.17.

As a result, trading leads to the fact that the difference between the coefficients decreases until it disappears completely.

There are also illiquid events where the odds of 1.01 and 1,000 in reverse side can hold until the beginning of the event.

We place a bet together

Let's say here we decide to bet $ 20,000 on Arsenal. To do this, we send a request - click on the purple cell with the highest coefficient (it is the most profitable) and enter the amount. But the problem is that the bookmakers are ready to accept a $ 17,000 bet, but we want to bet more. In this situation, a shift will occur: our $ 17,000 will be accepted as a bet, and $ 3,000 will remain waiting for the bookmaker who will be ready to accept this bet.

If you do not want to bet on the odds that are currently offered, you can bid with a higher odds, thereby you will get into the queue. If you want to act as a bookmaker (accept the bet), then everything will happen exactly the opposite, and the odds will shift to the left. However, Betfair will not change the odds. It so happens that bookmakers and players form the line themselves. If the bet is lost, no commission is charged. Due to the high technical equipment, the odds are instantly changed after the receipt of new offers from bookmakers and players.

Betting and Events

At Betfair, players can bet on sports such as: Australian football, American football, basketball, baseball, boxing, volleyball, handball, and many others, including exotics such as Gel football. In addition to political and sporting events, financial betting and bidding are possible. card game poker (not to be confused with a separate Betfair poker room). All bets are made according to the scheme we have already analyzed.

I must say, Betfair is focused on popular types sports. Even though more than 3 million people play on it, few people in Europe are interested in American sports, low-division football, hockey, and minor tennis tournaments.

Live bets

Particularly attractive at Betfair live bets... After all, the exchange does not interfere in trading and does not seek benefits, as bookmakers do. Bookmakers are interested in your loss, but Betfair only needs you to place bets. In any case, the office has 5% of their amount. Some bookmakers delay accepting bets during the start of the match. In contrast, clients of the exchange can bet even before the whistle blows. As the match progresses, the opinions of different bookmakers / players differ from each other, so completely different odds appear. So it becomes interesting to follow the match not only from a sports point of view, but also from a financial one.

Due to the fact that Betfair is a betting exchange, where the odds are formed by the market participants themselves, these same odds are obtained higher in comparison with bookmakers. And even taking into account the 5 percent commission, the participant's profit is higher.

A noticeable disadvantage in the work of the exchange is that you cannot put a lot of money at a large coefficient. For example, if you are offered to bet 50 Euros on the odds that suit you, and you want to bet 500, then 450 will remain in the queue, and it is far from a fact that someone will want to accept them.

But there is also a bold plus: you can put win-win bet- use the so-called. "Fork".

Earning in bookmakers does not always mean a specific increase in your capital on bets. In addition to this method, there are many other options for earning money. Let's take a look at some of the most popular ones.

Earnings on bonuses. Almost any serious bookmaker offers various bonuses to new players. It can be either money or free bets. Of course, to get the bonus, you have to play by the rules of the bookmaker. But no one says that in this case you will lose one hundred percent. If you manage to save the money invested and in addition receive a bonus, then this can already be a good income. Of course, you have to invest a lot to get big bonuses. For example, some bookmakers offer bonuses up to $ 400. After receiving the reward, you can withdraw your money.

Earnings on surebets or bet arbitrage. The essence of this method is to find large differences in the odds of different bookmakers and place bets on all possible outcomes, so that you make a profit anyway. For example, in one office the odds for the outcome of a tennis match are as follows: W1 - 1.5; P2 - 4.2 In another institution, everything is a little different: P2 - 1.7; P2 - 3.4. So, having put on P1 in the second office and on P2 in the first one, we have the largest coefficients. Due to the correct calculation of the amount of bets, we will receive a guaranteed income, regardless of how the match ends. Forks have a number of advantages and disadvantages, you can read about this in separate articles.

Trading on the betting exchange. The most popular betting exchange is Betfair. You can make good money on it if you understand the principle of the game. The bets here are made exclusively between the players, so there is simply no margin or any other bookmaker restrictions. The essence of the game on the stock exchange is not even to guess the outcome of any game, but to correctly predict the movement of the odds in one direction or another. In fact, this is Forex trading, only you need to play not on the movement of currencies, but on the changes in the odds in the matches. Making money on the stock exchange requires experience, understanding and knowledge in a particular sport.

Invite referrals to bookmaker sites. Almost all bookmakers are interested in attracting new players to their sites, so they offer their existing users affiliate program, which allows you to invite people to office sites using special links or banners. For the registration of a user who came through your link, the bookmaker can pay you a certain amount. Also, payment can be made for the bets of a new user or his losses. Basically, you get a small percentage of your referrals' bets. It is very small, but what if you invite 1000 players to the project? Then you can already think about getting serious passive income.

And, of course, earnings on bets. The easiest and most understandable way to make a profit. We will not dwell on it, because there are hundreds of other articles on this topic.

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