Odds Trading – Advanced Tips
Do you know your odds trading? Hopefully if you are a regular bettor on sports and other contests like online roulette, you are aware of betting exchanges that allow you to set your own odds. These sites have an advantage over regular sports books because they essentially cut out the middleman. If you’re going to get into odds training, here are some advanced tips to help you out.
Advanced Tip No. 1: Get to Know the Market
Before posting your bet, see what’s out there. Someone may already be offering the odds you want on the side you want to take. More importantly, someone might be offering odds that are even more favorable. You don’t want to cheat yourself out of some of your edge because you didn’t take the time to look at what the market will bear.
Advanced Tip No. 2: Get to Know the People
Try to pay attention to whether or not you are consistently getting action from the same people. If you can identify certain bettors who seem to be always giving you a big edge, you should endeavor to bet with those people as much as possible, even on events that you do not normally bet on. Remember, as a good gambler, you want to press any advantage you can get.
Advanced Tip No. 3: Get to Know Your Site
You may want to check out more than one betting exchange site just like online slot machines. Not every bettor goes to every site, and you may find more bad bettors at one site than another. The more people you can find who are willing to give up their advantage, the more you can profit from online odds training.
It’s important to keep in mind that just because you think you’re getting the best of a deal doesn’t mean you are. If you’re consistently losing your bets, it could be that you are the sucker that other bettors are always looking out for. Make sure to do your research when setting odds or taking bets, and it couldn’t hurt to consult with other expert gamblers to see if you’re making the right moves as well.