Betting exchange – how to use one
A betting exchange is basically matching bets between those willing to lay a price and those willing to take a price. Instead of betting directly with a bookmaker you bet with a third party using the betting exchange as a clearing house. This means that the betting ...
How the bookmaker makes money balancing their book, part 1
Being a bookie sure can be fun and profitable. Mathematics, statistics, a good knowledge of sports and access to relevant market information helps the bookmaker rake in the euros. Our, and your job as a sports bettor is a tough one, we need to beat the bookie. As ...
the vig simplified - how the bookmaker makes money
As punters we all dread "the vig", which is short for vigorish. In punter slang it is often mentioned as "the juice". The bookmaker loves the flavor of this juice, and we don't blame him. After all, who wouldn't want to buy a dollar ...
why sportsbet?
A sportsbet basically just refers to the action of placing a bet with a bookmaker or betting exchange, either online or offline on the outcome of a sports event or more sports events. This can in other words be events from tennis, football, hockey or whatever ...