What is
trading?
Trading is a
definition, which is widely used not only in regards to gaming
industry but also used on stock exchanges. Trading is a salesmanship
of shares, currencies, raw materials and bookmaker odds. The
definition of trading means transactions of purchase and sale of
bookmaker odds on a betting exchange. There are two types: in-play
(during the game) and pre-play (before the game) trading. Find out
the details in the following part of the article.
Essence of
bookmaker trading.
Essence of bookmaker trading
As we have
already mentioned trading is an art of salesmanship and negotiations,
since you can also place an order for the odds you are interested in.
Probably we will not be exaggerating claiming that it is part of an
art foretelling the future, which consists in an ability to read the
tendency, which is chosen by players (fall of odds) and what may
occur during the chosen event. Of course the definition “clairvoyant”
should be used in quotation marks since it is based on vast knowledge
of sports and huge experience. In general the gist of trading is to
buy cheap and sell expensive.
Pre-play
trading
The first
kind of trading is the pre-play trading. In other words this kind of
trade is nothing else as pre-match trading. Characterization of
pre-play trading is presentation of forecasts before the beginning of
a match and it ends by foretelling the direction in which the odds
will change. This kind of trading we can recommend especially to
beginner players, those who understand the betting exchange
principles weakly. This is connected with several factors including:
- Slow
change of odds
- Not big
potential losses
- Skills
of earning using tick