After posting here a few times about betting on the Football World Cup I have started to realise that the information was a bit stilted. A bit dry. Instead I’m going to join the fray and start betting on the World Cup as well. Instead of providing all the interesting stats, I’m going [...]
Posts under ‘Betting Exchange’
Football fixed odds betting… trading on Betfair for £130 per hour. Video guide
Betfair is a betting exchange. The asset being traded on this exchange is bets. Bets that are offered by Betfair members. The odds offered change regularly. It is possible to bet on football when the game is in play. With the ebb and flow of the game the odds change [...]
Up the ante, antepost football odds for being your own bookmaker on Betfair
Odds for the 2011 Premiership title are up on Betfair already. Before we start dive in to the subject of football antepost odds on Betfair first lets look at what this post will be about. For those who are unsure what antepost odds mean or for those who need a refresher we’ll look at [...]
How to use the Racing Post to help select horses for betting on Betfair
Our friends at Betting School.com have just introduced a new selection system. The private members have been using it for a while. All horse racing Betfair betting systems rely on a trust worthy selection system. Various techniques should be used to increase a betting system’s return on investment. Here’s an example of a [...]
5 Steps to becoming a bookmaker
The Let’s Compare Bets blog has had a few requests recently about about how to become a bookmaker. At the Let’s Compare Bets main website we have written about pricing odds. It’s one thing to know some basics about pricing odds and but to become a bookmaker there are some key tips to [...]
The Betfair story…. a technology company that revolutionised online sports betting
Niall O’Conner over at bettingmarket.com has written an informative article about the rise of the betting exchange. Written using Betfair the worlds largest betting exchange as an example. It describes how the betting exchanges have taken the betting industry by storm. Traditional bookmakers originally took offense to the idea that the public can [...]
A Betfair win bet which pays out no matter who wins. Green up for profits on Betfair!
Recently we wrote about how to spot steamers and drifters on Betfair on the LetsCompareBets main site. A steamer is a horse who’s price shortens either before or during the race, and vice versa for a drifter. In the pre race market there are a number of factors that can cause the price [...]
Who has the best odds, Betfair or Betdaq?
In a recent article written to compare Betfair to Betdaq posed the question of ‘who has the best odds. Betfair or Betdaq?’
At LetsCompareBets we would love to have developed a tool to allow readers to compare odds on horse racing, football, and cricket etc with a simple user friendly interface. Instead [...]
What is scalping on Betfair and how is it done. Plus Video
A scalper is someone who profits from short term movements in the underlying price of a market. They are an extremely short term trader. The aim is to make money on the spread between bid and ask prices, or in the case of a Betfair scalper, between the back and lay price. This is true [...]
Betfair.com or Betdaq.com which is better? Free bets included.
So what betting exchanges are there? There are, of course, Betfair exchange and Betdaq exchange, but, we also have WBX, Betsson, and MyBet. The all important thing about betting exchanges is that there is sufficient liquidity in the market. This means there has to be plenty of participants with an equal weight of money backing and laying. That said, Betfair.com is the biggest in these terms and Betdaq.com is the closest runner up.
