A lot has been written about many subjects in this contest, if I remember well up articles on póker have gone through here. So, my article is also not on Forex, but the philosophy has everything to do with the currency market. Today I will write about sports betting. When I talk about sports betting I do not mean conventional betting, but BET TRADING.
TRADING is an aspect of betting, which allows us to gain with the variation of the bet, rather than to win with the bet itself. With bet trading, the trader can make money whatever the outcome of the game. Trading does not dependent on the victory or not of one the teams. In order to make bet trading we have to consider 2 important aspects:
- Are needed at least 2 contrary bets, ie betting in favor and bet against, only then we are able to do trading.
- It is only possible to trading on a betting exchange where traders have to bet against each other and not against the HOUSE.