IT Becoming a bookmaker is finally possible for anyone who wants it, thanks to Betfair's arrival in Italy on 7 April 2014. Becoming a bookmaker means not doing the "institutional" function of the Banker, and providing any player with the odds to bet on, but being able to sell a stake (bancare) means selling a bet by electronically and anonymously crossing the bet of another player.
Betting an odds is the special feature offered by Betfair and means betting that the chosen event will not occur. You are betting against the event being layed.
Difference between betting and laying a odds
This concept of primary importance and uniqueness will only be used not to sell odds to other bettors, who want to bet the odds instead, but only to be able to trade sports! In fact, becoming a bookmaker, in the traditional sense of the term, means selling odds to bettors and to do this you need special software that calculates the risk of the various operations and a significant starting capital; instead with Betfair you will use the bank only to trade and then exit a position previously opened with a bet. Banking is in fact the exact opposite of betting and allows us to close the transaction made at any time giving us the exceptional possibility of trading on live events. Now with a traditional bookmaker we can only bet on an event (and never bet) before the match and hope that it happens, or in some cases make a live bet but only by betting on the event which remains in the portfolio until the conclusion of the chosen event. With Betfair, on the other hand, we can bet and bank the odds continuously, making small profits for each operation, which add up to an excellent profit in relation to the capital employed. Betting on the odds gives us the immeasurable advantage of trading on the odds!
- Written by: DevelopUser
- Category: Trading betfair
Learn trading on Betfair may represent a real turning point in ones own life since it allows us to achieve total financial independence and to be able to count on a steady stream of monthly revenue. Trading on Betfair, as we have already pointed out above, is easier compared to trading on financial markets as long as you respect some few rules of operation and, above all, respect the rules of Money After attending a course in operating live trading on Betfair you'll be able to get a steady income monthly as long as, we keep on remembering it, respecting the rules of Money Management. Trading on Betfair allows us to become "free" and independent, that is, to choose where and when to work. In fact to work we only need a computer, an internet connection and possibly a TV to watch the match live sports and nothing else! You can then do trading wherever you are. We can then decide whether to become a full time trader or part time one in your spare time from your main work, such as a few hours during the weekend.
Its clear that more time you dedicate to trading more money you can earn. Sporting events are there at all hours of the day and night in winter as in summer, allowing you to choose when to do trading. Another feature of primary importance in this work, is that we always get paid and after a few hours we have our money ready to be used. In fact, in this period of crisis we've all to do a job and being paid late at best, or never receive remuneration for our services. In trading on Betfair this does not happen! Once finished the chosen sporting event and made our profit, after a maximum of 15 minutes Betfair accredits us the money in the account; the same can be moved immediately where we wish (debit card, bank account, etc). So experience direct the experience of performing a job and be paid immediately!
- Written by: DevelopUser
- Category: Trading betfair
As well as in Wall Street, our favorite motto is "the business never sleeps ". The Betfair market to choose from in order to make trading is affected by money liquidity. It is fundamental that there is money liquidity inside of the book in order to decrease the risk of each operation.
- Written by: DevelopUser
- Category: Trading betfair
Doing trading on Betfair odds are traded at any time with other bettors / traders in a real sports betting market which is precisely the Betting Exchange: the efficiency of this kind of betting market makes these more and more affordable than the ones normally offered by traditional bookmakers, which are always higher by 10-15%, in particular because in the case of Betfair there is no margin of profit of the bookmaker, being tis figure absent in the exchange betting market.
- Written by: DevelopUser
- Category: Trading betfair
In this section of the site will soon be reviewed by experts in the field, some books on Betting Exchange and Betfair books which will explain the best profitable strategies and how to trade in this new and fascinating market.
- Written by: DevelopUser
- Category: Trading betfair
