Betting exchanges are an innovative new addition in the world of online betting industry. One great advantage of using betting exchanges is that there are no bookies, which ultimately results in notably better-priced odds.In addition, on betting exchanges, you may opt to BACK (bet on), or LAY (oppose), which means that you can be either a punter or a bookie. Betting exchanges are specifically good for betting on cricket matches.
Tips for Betting Exchanges on Cricket (Test Match):
Efforts of test match cricket players on the field offer some outstanding betting odds in betting exchanges, as cricket is a custom-made game for such type of gambling.
Tip 1 - Logically, all betting patterns on betting exchanges for cricket depend on numbers. Therefore, the more "numbers" linked with the game, the better it becomes for you to bet.
Tip 2 - To begin with cricket betting on betting exchanges, it is better to consider the most tremendously betted market in cricket, which is the runs market.
Tip 3 - At the beginning of a Test match, betting bookies will provide a market on expected runs in each innings. For example, in a summer Test match between New Zealand and England, if England wins the toss and elects to bat first, then reckoning on the prevailing climate conditions and batsmen picked, you can quote a total of 320-335 for England.Next, if you believe that England might score more than 335, buy at that sum for per run and if you believe that they might score less than 320, then sell that figure for per run.
Tip 4 - Next, if you buy and England's total score exceeds the expected 335 score, then you win the difference per run between the final total. In addition, if you trade and England scores less than 320, then also you win the difference per run between the final total.
Tip 5 - The runs market is very unpredictable. However, it is imperative to remember that the opening quote is updated constantly all through the innings. If England fails to make a good start and lose early wickets, then the opening quote might decline.
Tip 6 - Next, if they make a good start, the quote will rise. You may close your bet before time by using new quotes at any time.For example, if you buy at 335 and England makes fast 60 runs without losing any wickets in the initial 10 overs, then the opening quote will inflate to around 365-380 mark.
Tip 7 - Thereby, if you had bought at 335, you are now able to sell at 365 for a quick 30 times your bet per run profit. In addition, remember, with betting exchanges for cricket you always purchase at high and trade at low.
Tip 8 - Due to the instability feature of the runs market, opportunities keep on popping up regularly. One vital tip to remember is that, dealers on betting exchanges in cricket are at times a bit slow to respond, if a team starts losing early wickets and that too quickly.
About Eric Smith :
Do you want to discover the secrets to generate over $10,391 on winningbetfair? Download this : Effective Winning Betfair Techniques
Eric Smith is a professional player on winningbetfair and he has taught many friends and peers to make money on betting exchange. More cracking information can be found at Betfair In Action!
Article Source: http://EzineArticles.com/?expert=Eric_Y_Smith