The Differences of Betting Shop From Betting Exchange

Some players who are just starting their way in betting do not see a significant difference between the usual betting shop and the betting exchange. Everywhere take bets on sports, but there is still a difference, and it needs to be taken into account. Let’s consider, in what the basic difference of a stock exchange of bets from a betting shop.

The principle of the betting shop and exchange

• The main difference between the shop and the stock exchange will be that the employees of the company display the coefficients in the betting shop. Than it turns for the players? The bookmaker takes a margin, i.e. percentage for services. The size of the margin affects the coefficients.
• At the stock exchange, things are different. Here you can bet on the odds that other players charge. You can act as a bookmaker and bet your odds. You can put up any quotes, the most profitable for you. The only task is to find players who will bet on them. Thus, on the stock exchange is a kind of betting between the players. If you win a bet, you get a profit.

For example, if you take a tennis match with two players, then without taking into account the margin, the odds for winning both players should look like 2.0. But in reality, everything looks different. The bookmaker understates the coefficient, putting his margin in it. Thus, the quotation will not look like 2.0, but, for example, 1.85. If you bet on the team’s 1 dollar, then with your winnings 15 cents the bookmaker will take it.

Another advantage of the exchange is that management does not care how the match ends. The owners of the exchange will take a percentage from both sides that made the bet. In the betting shop, analysts are forced to constantly adjust the odds so that the bookmaker does not stay in the red. Also, the analysts of the shop may know about the teams some things that the betters do not yet know, and accordingly build quotes. In the shop you play against knowledgeable people who have received special training, and at the exchange – against the same betters who in their knowledge and skills may be worse than you.

Another important point. On the exchange, the margin is much smaller. If in the shop it is 10-15%, then on the exchange – only 3-5%, and maybe even 2% in some cases. Playing on the stock exchange is more profitable, but not everyone can adapt to the principle of the game. That’s why the bureaus still continue to exist.

These features – not all the differences between the bookmaker and the betting exchange. There are still some advantages and disadvantages that these formations have to each other.

Advantages of the bookmaker over the exchange:

1. The maximum bet amount can be high, although some bookmakers tend to set low limits. In general, the amount of the bet will not depend on how much is bet on the opposite outcome.
2. Simplicity in building a site. To make yourself a shop is enough to spend a couple of hours. To develop on the stock exchange, the player will need much more time to get used to the organization of her work. On the exchange, newcomers are more likely to make a mistake at the bet than in the betting shop.
3. Bonuses and promotions. The betting shop often holds promotions for regular customers and provides registration bonuses. On the exchange, you can sometimes see minor bonuses, but in size they do not go in comparison with bonuses in the shop.

Disadvantages of the bookmaker:

1. The first drawback associated with bonuses. As a rule, they are hard to recoup. You will have to bet on an amount several times the amount of the deposit. As a result, the bonus is too expensive.
2. The coefficient may drop to the quotation 1 or the bet can be calculated with such a coefficient according to the conditions provided by the bookmaker. As a result, the bet is absolutely unprofitable.
3. Maximums of bets are often truncated. If you plan to deliver a large amount, you will have to contact the support team to remove the limit. Cutting bets can happen even without warning, and the support desk sometimes does not make it difficult to explain why it happened.
4. Payouts are a frequent occurrence in the betting shop. On recognized exchanges, this process is much faster. If you are dealing with a reliable shop, you will receive the funds, but you will have to undergo proof of identity and sometimes wait for a week. It all depends on the method of translation that you choose.

Advantages of the exchange:

1. The coefficients are not limited. You can even play at the highest odds: players install them themselves.
2. You set the coefficients yourself, and do not rely on the opinion of the analysts of the shop.
3. If there are cases in the shopwhere the bets were simply returning, then there is no such danger on the stock exchange. This is especially beneficial to betters who play the arb strategy.
4. Betting shop is not profitable for betters to win. In this case, she is just threatened with ruin. The management of the exchange does not care how much you won. It gets its earnings from every bet the player makes.
5. There are no maximums on the stock exchange. If in the shop your bet can be cut, then the exchange will not do this. The more you bet, the more profitable the leadership of the exchange, since the percentage will go from each bet.

The only drawback of the exchange can be called a complex betting system, with which the beginning player is very difficult to understand.

Conclusions

So, we found out that playing on the stock exchange is much more profitable, especially if you know how to determine the real probability of an event and calculate the coefficient. Experienced players prefer the exchange: here they feel more free and can make bets of any size. Beginners turn their eyes to bookmakers, where the betting system is easier, and to understand the organization of the site is much easier. So everyone chooses what he likes.