Introduction to Indian Betting – Betting Exchange

Generally, bookmakers provide fixed-odds betting products and services, and users can only bet on one side. Users can only make demands for specific lotteries, for example, users bet on which horse or football team will win in the end. The demand for lotteries may change over time, but for those betting products that have been accepted for betting, if the result is the same as the bet result, the dealer or bookmaker needs to pay (compensation).

The odds of Betting Exchange are determined by the market, and participants can enter and exit the market freely at any time.

The operating principles of betting exchanges and stock exchanges are the same. The various trading methods and theories in the stock market are exactly the same as those in the betting market. The only difference is that when the stock market is optimistic about the prospects of stocks, the price will rise, while if the betting market is optimistic about a certain betting project, the odds will fall. This is because the odds of the betting project are inversely proportional to the optimistic relationship.

It achieves the goal of players betting against each other, and it does not need to bear any risk. It only provides a platform and extracts a 5% commission from the winner. In Exchange, all games can choose "Back' or "Lay'.rummy bo

Back = bet on this option to win

Lay = bet on this option not to win

In football, there are three possible results: home, away, and draw. If you choose Lay as the home team, it means that you can win money regardless of the result of "away win" or "draw", and this may be the most attractive part of Exchange.