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World Cup Betting
World Cup Odds / Betting on the World cup / Top World Cup Song
Betting: In-Play / Correct Score / Double Result / Spread / Exchange / Specials
Exchange Betting
If you thought normal fixed odds betting was complicated then spare a thought for those who wish to enter a totally different world of the betting exchanges – and Betdaq are the best known exchanges and it is place where any punter can become a bookmaker.
It can be a little difficult to explain – indeed many a marketing copywriter has attempted to put this simple concept into easily digestible words but all have failed. The best way to explain it (and I am not an accomplished writer by any means) is that on the exchanges you can bet on an outcome not to happen.
If you think England will fail to win their group you would lay them to lose. Meaning you would be hoping Sweden, Trinidad and Tobago or Paraguay will win the group ahead of England.
The beauty of the exchanges is that it allows you to lay off some of your liability in-play or in-running as it is sometimes called.
Ok now it gets a little complicated – Why couldn't I simply have had a bet on England to win the World Cup? Bear with me.
You layed England not to win their group. At 1.82 you have staked £82 and will lose that amount if England win the group. If Sweden, Trinidad and Tobago or Paraguay win the group you win £100.
Going into the last game England face a difficult task of perhaps needing to win 5-0 to win the group. At this stage they are 6.0 to come out top. By placing a bet at this price you will be able to get yourself into a position where you will be guaranteed to win money whatever the outcome albeit slightly smaller than if you let the bet ride.
Betfair has a demonstration site that lets you experiment. Even if you play for real start with small stakes until you get the hang of it.
Gambling, betting, wagering have never been so much fun in the modern age. Click through some of the links on this site to experience a whole new world of betting on the World Cup.
