Betting exchange strategies are of two major types. First of all, we have the strategy that is about using the long term market directly. The second type of strategy is based on the short term market and its importance. Hopefully, this article will give you the basics of the betting exchange strategies and which one is most effective.
The market strategy that deals with the long term is based on the period which starts in the morning of the race day and ends when the race begins. If you take into consideration all the different factors, you will see how the race odds are influenced minute by minute. In some cases, horses will only need a couple of points in order to win, while in other cases they will need much more.
One example is when you plan to put a bet on a steamer. A betting exchange strategy that is fairly simple is the one where you back it by using a price that is hiked in the morning, while laying it off before the beginning of the race.
The strategies that are short term are used about 10 minutes before the race begins. In such a case you will put an in play mode bet, allowing you a much better chance of being in touch with the tournament’s score.
When you’re doing betting exchanges, you need to remember that they’re about the competition. If you think that a better price is needed, you don’t have to consider the offer they make. Simply require a bigger price than the one used at the backing time and if you’re lucky someone will lay the bet for you.
If you want to recommend a bet, a regular watch on the betting exchanges should be kept. When a laying or backing are suggested, the stakes of both players are mentioned, so keep that in mind.
Photo credit: net_efekt on Flickr