Good odds exchanges
Odds exchanges are sites where gamblers play against each other. Odds exchanges get the matches and handle the money, correct and pay out. For this they get a commission on the winnings, usually 5 %. This means that in reality the odds are lower, on odds 2,5 % goes from the winnings so the odds are in reality 1,95. To calculate odds, Click Here.
Despite this the odds exchanges I suggest often have high odds. But above all we must have odds exchanges so that by using risk free bets (sure bets) by moving winnings from bookmakers by losing at the bookmaker and winning with a contra bet on the odds exchange on the opposite, which is explained on own side.
This is much more difficult than winning. Winning is very simple, which is done on the first bet. But you must not make a mistake; the whole learning curve is not to make mistakes, not to learn to tip correctly. To win you do not have to know anything about sport.
Good odds exchanges
BetOnBet the first you should register at. They only take just 3 % commission - this is important, the odds will be greater. The site is very easily navigated. Useful stake bonus. Have Moneybookers.
Redbet is the next. Only 4 % commission. Established and run by Swedish staff. Best boundaries of all the odds exchanges on the net, a genius has built it. Everything happening is visible and with a couple of clicks you are at the match. In the case of Betfair you can sometimes suffer from cramp from all the clicking before you reach the match. Payment of winnings to Moneybookers is made in real time (seconds) - Redbet shows the whole trade how to arrange the furniture.
Betsson. Again, Swedish, as usual a sign of quality. I have used them since they started as a very small company. Now they are enormous with 150 staff and a well-deserved selection to the gaming site of the year (they have everything - even bookmaking – on a site) of Internet world. Large sums available for play. Have naturally Moneybookers but sometimes it takes a number of days to get payment of winnings. Only 4 % commission, the standard is 5 %.
You should be able to manage with these 3 odds exchanges until your gambling capital has become considerable. By then you will need to take on Betfair also 5 % commission, a difficult site, customer unfriendly policy. Be prepared to experience bad treatment where the standard answer is "it is not our policy", "hang on for a bit" or "do it yourself". But Betfair is biggest, have the most players and most capital so you will probably find you will need them. Be prepared so you can tolerate them. You will get fast correction and can often play again with the same money the same day; there are often large sums to play a nd several events. Betfair were the first and invented the odds exchange. If they had only looked after their customers they would have had a monopoly.
There are more odds exchanges but they are not as good, I have only tried all I know about in Europe, if you need one more try BetBull. That is Betdaq in another shell, same odds and money but a faster and cleaner site to play on.
There is a odds exchange with a lower commission(only 1%, possibly) than the others, Mansion. I do not like their navigation, is too obtuse for me. Also they are located on Gibraltar, so I am uncertain if they come under EU/EEC legislation. If you are interested in Mansion check if the site layout attracts you and then whether they are withins the EU so that winnings are tax free.
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