author: betcreative   20 January 2013Print page

Trading in sports betting – introduction

The definition of trading means a transaction of purchase and sale of bookmaker odds on a betting exchange. There are two kinds of trading. You can get familiar with how they are characterized by reading this article.


Sports trading
What is trading?Pre-play tradingIn-play trading
 
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
 
In-play trading

In-play trading consists in trade of odds during the match. Live trading is intended for experienced bettors who feel themselves confident playing at betting exchanges and it is not a secret for them anymore. Players trying their strengths in in-play trading should be able to withstand the stress and excitement, should be disciplined and first of all possess of a corresponding level of knowledge and amount of money. In comparison with pre-match trading it should be noted that live trading is more profitable but also riskier due to bigger difference in odds.

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