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If you’re going to gamble, at least do it right.

 

 

You are betting wrong and I am going to convince you why you need to use an exchange.

I literally made this website because I was so sick of my neanderthal friends gambling on sports, and throwing money at sportsbooks and having to repeat myself explaining why they should be on an exchange. (No pictures, I’m not a graphic designer, go away.)

 

The house always wins, so why are you playing against it?

 

 

Everything a sportsbook does is aimed to prevent you from making money. Offering you a bet? The vig/juice is 15%. You win consistently? They limit your account. You find an opportunity they missed? They void the bet. There is literally nothing you can do to consistently win long term at a sportsbook.

You need to cut out the bookie. You need to learn how a betting exchange works.

  • You don’t bet against the house, you bet against other people.

  • There is no limit to how much you can win.

  • There is no built in vig, so the odds are always better than a sportsbook.

  • You only pay commission when you win.

  • When you want to get fancy and scale your betting, they mostly all have API’s for you to use custom software to help you beat the competition.

 

It only sounds scary because you don’t know how it works.

Well guess what: It’s time to learn. It will take 2 minutes.

 

 

I know there are no pictures, just turn off your lizard brain from scrolling for two minutes and just absorb some knowledge the way your ancestors did. By the time you scroll to the bottom of the page you will know the basics of how a betting exchange works. 

Right, lets get into it.

Think of a stock market. Someone offers to sell a share at a price of X. Someone wants to buy that share, and think X is a good value, so they buy the share. If the prices match, then you have a deal and the transaction takes place.

Replace shares, with bets, and that’s essentially what a betting exchange is. A buyer of a share is called a “backer” and the seller of a share is called a “layer”, and when the price is the same, the bet is matched.

Like a stock market, you can offer a share at a higher price, expecting someone to eventually buy it. If nobody does, there is no match, and no transaction. 

 

Here is a decent example:

There is a football match, and you want to back the home team to win outright.

How the process works:

  1. You, (the "backer") wants to bet on an event happening (the home team winning) and can either take the odds currently available or request higher odds.

  2. Another user (the "layer") wants to bet against that same event happening and can either accept the backer's (you) requested odds or offer different odds.

  3. The exchange platform matches these opposing bets when an agreement on the odds and stake is found.

  4. Once the event concludes, the exchange pays the winnings from the losing party's account to the winning party's account.

  5. The exchange's revenue comes from charging a small percentage commission (typically 2-5%) on the net winnings of the successful bettor. 

I know you have a dumb question, but I’ll answer it anyway.

“Why the do I need to go through a few extra steps, when using a sportsbook is only one click to bet?” Well, you banana, because there is no vig/juice on an exchange so you can actually make long term profits.

If you backed the home team to win at 2.00 on a sportsbook, you would often get far better odds like 2.20 on an exchange. So if you bet $1000 dollars, and won, you would win $2000 on a sportsbook, but $2200 on an exchange (minus a small commission). Are you better than earning an extra $200 because something is a little bit more complicated? If you are, just stop reading and go back to scrolling. Here’s a link back to Tik Tok for you.

 

Here is what an exchange looks like: Click Here

You never knew it, but this is your call to action. This is your hero’s journey. Your destiny manifest.

It doesn’t end there.

Many other ways people make money on the stock market are also available on a betting exchange. You can effectively bet on futures, make stop losses, take profit orders etc.

Some things you can do:

 

  • Trading - Effectively “buy low, sell high”  or if you want to bet against the market “lay low, back high”

  • Scalping - Betting multiple times on the small movement of betting odds repeatedly.

  • Dutching - Betting on multiple outcomes, and turning a profit if all bets are matched.

  • Arbing - Using the different odds between sportsbook in order to always make a profit. Sportsbooks discourage it, but there are no rules against it on an exchange.

  • High Frequency Trading - There is software out there to help you beat the market with multiple bets.

Go look at an odds comparison website. The exchanges always have the best odds, you’re just too much of a baby to try them because they’re scary.

 

 

Did your mom raise a little scaredy-cat?

 

Nobody is forcing you to gamble, and it’s probably best to not to, but if you going to do it, just do it properly.

 

Give it a try here: Click Here

 

Listen, if you’re not into it, I wish you a life where every dewdrop holds a rainbow and every moment is blessed with the tender, fluttering kisses of a thousand butterflies upon your wonderful nose. 

Peace out.

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