The world of sports betting is more diverse than ever; it's even possible to trade odds now. Fabulous as that may sound, you have to be careful to find the right way to access this unique market. The good news is that you're about to find out all about it in this dossier.
The term "exchange betting" is used to designate sports betting markets. In fact, this is an exclusive branch of betting activity that allows two or more online tipsters to exchange sports betting odds. What makes it interesting is that it offers many advantages to those who adopt it, such as betting without the constraints of the GRAI.
The very first advantage of sports betting exchanges is that the punter can place Back & Lay bets. In other words, you can make simultaneous predictions for and against a sports betting event. For example, for a match between AC Milan and FC Barcelona, you can bet on whether one team will win or lose. This is not possible with traditional bookmakers, where you can only bet on the victory of one of the two protagonists.
On the usual sports betting sites, the tipster bets on the odds offered by the operator. With odds trading, on the other hand, it is the punters themselves who set the odds. To understand the mechanism better, a punter A sets an X odds on an event and another punter B takes up his challenge by betting on the X odds. If the value of the latter does not match the expectations of bettor B, the latter is free to turn to the offer of another bettor C.
In general, bookmakers receive a return on all the bets made by online tipsters.. So, whether your bet succeeds or not, you have to pay this amount of money when you bet with a traditional supplier. The advantage of a betting exchange site is that only the winning bettor has to pay commission to the owner of the platform.
Sports betting odds exchanges are not available in every country in the world because of the regulations specific to each region. However, there is a very effective way of joining the large exchange betting community: sports betting brokers. These are experts who provide access to odds trading platforms. But before registering with one of these professionals, it is advisable to check beforehand that the one you are about to choose can allow you to bet on Betfair or access its Orbit market.
Here is the list of sports betting brokers that give access to exchange platforms and accept Irish players:
Betfair is undoubtedly the number 1 on the exchange betting market. As you already know, you will need a broker to bet with betfair from Ireland. On the other hand, there is the 9wickets site which is also an excellent sports betting odds exchange operator that is recommended to the Irish public. To this end, you should avoid falling into the trap of using VPN services, as you risk losing access to your account. It is essential to use a broker to bet at 9wickets from Ireland in complete safety. Thirdly, there's Matchbook, which has a community of tipsters offering the best odds trading opportunities. As a reminder, you must also have an account with a sports betting broker to bet at Matchbook from Ireland.