Is Tennis The Best Sport To Trade On Betting Exchanges?

tennis-volatilitySuccessfully trading on Betfair looks simple, lay at a price less than you back at and you win. Bigger this gap, bigger the profit. It is all about volatility trading and odds movement analysis. So bigger the volatility, bigger the chances you end up with a winning.

One of the sports with the highest volatility is tennis. In Grand Slam® tournaments players must win 3 sets of 5 to win the match. In competitive matches, where strengths of the opponents are similar, this is often a very long journey where anything can happen and fortunes of the players can change and overturn several times for the slightest errors or unfortunate injuries. An example? The Isner–Mahut match at the 2010 Wimbledon Championships holds the record for the longest tennis match both in time, 3 days, and games played, 183.

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BetBright vs. Betfair – Bookmaker Odds vs. Betting Exchange Odds

betbright vs betfairIf you’re a regular of the various local betting shops and online bookies, then chances are that you have noticed that bookmakers’ odds are priced less than the ones available at betting exchanges.

Curious about the reason, I raised the question to Mike, a friend at Bet Bright, and he was so kind to give me an extensive explanation.

– While you might find the whole situation as an attempt to lower user profit margins, you might be surprised to learn that this is due to the fact that bookmakers also feature backing for the outcome. Essentially, each time you place a wager with the operator, you earn the possibility of an arbitrage transaction at the same time.

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