Sports Trading - is it worth it? How Does This System Work?
Sports Trading is a very popular activity among bettors. But what exactly is this type of BET?
First should understand that there are two types of sites for bettors:
- Traditional houses (Sportsbook): 22bet , BetWay , Bet365 and 1xBet , for example
- Trading exchanges: Betfair , which is the largest in the world
Trading always takes place on Exchanges. And the traders who operate on these sites, in particular on Betfair, are high rollers of dedication and study in sports betting.
We created this article for you to understand How Sports Trading works and whether it is worth it to you.
Discover strategies, advantages and disadvantages of being a trader and make money as they say!
Betfair: best betting exchange
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Why trade?
This is a topic that we will delve into further, but briefly the advantages of Sports Trading compared to normal betting are:
Flexibility to bet
Less Risk
More profitable in the long run
It requires time and dedication
More Complex
Is Sports Trading Legal?
Currently, Sports Trading falls into the same category as general sports betting: that is, it is illegal in New Zealand territory.
New Betting law it will regulate fixed odds sports betting. That is: the bettor knows how much he will receive if he wins his bet.
Trading, on the other hand, is not a fixed-odds bet. As we have seen, they are anything but fixed! So it remains to be seen how the government will approach this kind of Game.
Basically Hedging is diluting the amount bet on the main bet on other secondary ones.
This way you guarantee a winning percentage, even if much lower than you would have if you made a single – and winning – bet.
What is Sports Trading?
There are a few ways to understand what Sports Trading is. The first of these could be:
- Make 2 bets, one against the other, so as to seek the maximum possible profit with the minimum possible risk .
It would be what we call Back and Lay bets. Concepts to which we will return below.
But of course that alone is not enough. Therefore, we appeal to a comparison with a stock exchange.
In this sense, Trading is like sell and buy shares as they gain or lose value.
The wonder of this betting system is that you don't have to bet on who you think will win an event.
In Sports Trading you bet on that occurrence in a sporting event that you believe will suffer a fluctuation in odds .
Therefore, traders rarely expect an event to end. Often they close a bet before the end of the game.
All this happens on well-known sites such as Betting exchanges . The most famous is Betfair!
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
How does Trading work?
Knowing what Sports Trading is is one thing. On the other hand, its operation is a little more complex.
You can bet in favor of an outcome (Back) or against it (Lay).
The Back is already well known, as it is the common way to bet in traditional bookmakers.
Lay is characteristic only of Sports Trading, so we will explain it.
What does Lay mean in Sports Trading?
So that you understand well, let's use an example of Betfair : the match between Valencia and Atlético Madrid.
Note that Valencia has a negative value of $ 270 . That's because you bet $ 100 against Valencia winning.
It's called Lay or bet against!
In the best case, you would get $ 100 win if Atlético won or there was a tie. And he would lose $ 270 with Valencia's win.
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To win $ 100 betting against Valencia, you risk $ 270.
The sports trader is not interested in the outcome of the game, but in the variation of the odds.
If the game started and Atlético Madrid scored a goal right away, Valencia's odds would go up a lot, and you would be in profit.
In this case, the Lay made on top of the victory of the Valencians would earn the bettor a profit. And it is at this point that he can choose to close the bet.
If Valencia opened the scoring, Lay's odds would go down, losing value to that bettor.
In this case, he could make a cashout , closing the bet with some loss, but not total.
The essence of Sports Trading is this: regardless of the course of the match, you have control over your bets , thus being able to reduce losses and ensure profits.
How to win with Back and Lay?
With Back you will win when the odd decreases . After all, you bet in favor of one outcome.
And as we know, the lower the odd, the greater the chance of a certain outcome happening.
Already with Lay you will winning with rising odds . The improbability of an outcome occurring is what you seek!
Betting Lay and Back on the same event: Hedging
We have a second betting possibility in Trading. Remember we just mentioned lay bet and Back at the same event?
Well! Let's go back to the example of Valencia and Atletico.
Note that all results are now see . That's all we want to see in sports betting: the famous greens .
This is because we bet
- $ 100 on Valencia's win (Back), with an odd of 3.60
- And another $ 100 against Valencia victory (Lay) at an odd of 3.40
But note that the game in question doesn't exactly have a franco favorite. It's even!
Perhaps what you have studied and analyzed about the match does not turn out as expected. If so, a good strategy is Hedging or Coverage .
Hedging is when the bettor has a main bet. In this case, you would bet $ 100 against Valencia winning.
However, you will dilute the possible gains in the secondary results, in order to "cover" the main bet if it does not occur as planned. Look:
If Valencia wins:
| Win | Lose | Total profits |
| $ 260 | $ 254,11 | $ 5,89 |
If Valencia lose or draw:
| Win | Lose | Total profits |
| $ 105,88 | $ 100 | $ 5,88 |
Hedging is a strategy that sacrifice big gains for the sake of few gains, but guaranteed.
It is a very common technique, but it requires good market analysis by the bettor.
In addition, all of the above simulations were done in the pre-match. When the game starts, the odds will fluctuate up or down.
But again: the idea is not to wait for the game to end. The trader will track the fluctuation of these odds, so that the combination of them results in profit.
What is decisive here is the attitude of the bettor. Whether he will want to get as much profit as possible, in a riskier way, or less profit with more security.
Advantages and disadvantages of Sports Trading
Of course, Sports Trading is not perfect. It works very well in many ways, but in others you can get into a hole.
The following are the advantages and disadvantages of this betting system. Knowing them you will know if you really have the profile to be a trader or not!
Advantage
-
Flexibility to bet
-
Less Risk
-
Greater long-term gains
We can say that there are more advantages than disadvantages in Sports Trading.
First of all have you noticed that the trader is more flexible in relation to a traditional sports bettor.
The ease of opening and closing bets multiple times in the same match gives it a higher management of your betting activity.
Which consequently makes Trading a less risky system. You just need to detect a loss to close (sell) the bet. You can more easily secure profits from your guesses.
When you do that, you get out of the market. This attitude eliminates any chance of losing more money.
And the reverse is also true: the trader can earn, in the long run, more than a one-time bettor betting site traditional.
Disadvantage
-
Constant Dedication
-
More complex betting system
A sports trader focuses much of his time on watch football matches or another sport.
He makes analyzes, studying, looking for statistics to open bets that have chances to yield profits.
It is necessary to give high and constant dedication to sports betting. Profiles of casual bettors do not combine well here, as sports Trading requires a lot time and expertise .
At the same time, you need to have a lot of banking management and emotional. Constantly opening and closing bets can generate compulsive behaviors.
Even for those who manage to live financially from sports trading, the earnings of a trader, unlike a normal salary, are not constant.
For anyone who wants to be a professional trader, a bad month can put you in a tight skirt if you depend on a Trading income.
For this reason it is important to have a profile centered, cold and that knows when it is time to stop.
Is it possible to make money in betting Trading?
Sports Trading is an investment. And as such it is not risk-free, although they are reduced compared to traditional bets.
There are traders who manage to profit from this activity. They are experienced and know a lot about the sport in which they bet.
Even so, there are several bettors who have been in the market for years and cannot have this success.
It will depend on many factors for you to be a good trader, such as
- Banking management
- Know how to find value bets
- Emotional control
- Quick thinking
- Be an expert in a sport or even a competition
The important thing is to have access to a good betting exchange, such as Betfair:
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Myth: you need a big bankroll to make money
Many people think that you can only make good money in sports betting when you already have a big bankroll. Without that they think it's not possible.
That's a mistake. If you don't know how to make a profit with a small bank, it's not a bigger bank that will solve it.
If you don't know how to win $ 20 with $ 10, you won't know how to win $ 2,000 with $ 1,000!
Sports Trading Strategies For Beginners
You will find many different advanced strategies to succeed in Trading.
If you're just starting out, however, you need some simpler ones. Below, you will see 3 good techniques that every successful trader has used or still uses:
- Lay in the draw
- Scalping
- Hedging
1. Lay In The Draw
One of the simplest strategies to start in Sports Trading is betting against the draw . This strategy is based on a very true premise: games that end in a draw are rare.
You can bet against the tie and as soon as one team scores a goal, close that bet with a profit!
It is an excellent way to gain practice in Sports Trading, and maybe even start right away with greens.
NOTE: learn how to master the strategy Lay the Draw !
2. Scalping
Scalping is a term borrowed from the stock exchange. It is to make short movements of buying and selling bets.
Bettors take advantage of small price swings to make profits with as little risk as possible.
In sports betting you do multiple fast trades in a game when you notice opportunities in the variations of the odds.
The bettor does not expose himself for a long time. It's usually seconds. But this is not done lightly, but rather from studies.
Imagine that you do Back of a favorite team to an odd of 2.00 :
- Over time, this team demonstrates higher quality of play
- His superiority in the game takes the odd of his victory down to 1.95
- You can close this bet profitably
Although this profit is small, if the operation is completed several times, the result will be positive.
To help you do scalping, there are at least 3 Good Sports trading Software :
- Geekstoy
- Wagertool
- Traderline
And in case you need it, Betfair itself has a very good article teaching scalping on their website!
NOTE: see advanced tips from Scalping !
3. Hedging
Do you remember the example we used above about Hedging? It is also considered a great strategy.
It may be more difficult to understand what this practice is, but it is very popular.
How To Study Sports Trading?
If you decide that you really want to pursue sports Trading, we suggest that you start studying now.
Today you can find many courses that promise to make you a super trader. It is the same with the betting tipsters .
They should help you create your own betting method!
One option is to search for software and apps for bettors . These are often great tools!
In general, what really counts is your attitude and your constant learning. Practice always makes perfect.
8 Best Sports Traders New Zealand
In addition to our articles, we also recommend that you take a look at the tips of 8 best traders New Zealand currently:
- Nettuno
- Danilo Pereira
- Ricardo Santos
- Sérgio Freitas
- Juliano Fontes
- Theo Borges
- Joshua Ramos
- Trader Duarte
Each in its own way has a lot to tell you about the activity. Everyone has a YouTube channel, so be sure to follow them!
Watch a video of Danilo Pereira:
To Finish
The topic of Sports Trading is quite complex for beginners. This article served as an introduction to the basics of the subject!
We believe that from now on you will be able to start your activities in this betting system.
We know what Back and Lay are, very important terms in the day to day of a trader. Understanding them is one of the keys to success in this practice.
Don't forget that Trading is an investment. Not only money, but also time and psychological.
If you believe you are not prepared for this high level of dedication, it may be best to stay a while longer in bookmakers more traditional.
If this is your case, we recommend great bookmakers such as:
- 700+ casino games & slots
- VIP program & regular promotions
- $1 minimum deposit
Payment methods
Frequently Asked Questions
🔒 Is sports Trading safe?
Yeah! But remember: like any investment, Sports trading involves risk. Before venturing into this type of BET, study the techniques and markets a lot.
🎯 What is the best sports trading site?
There are several betting exchanges to act as sports trading. We recommend the most famous, which is Betfair . It is a great option for the beginner and experienced trader.
Who is the richest sports trader in New Zealand?
We do not have such information, if only because the income of a sports trader fluctuates greatly. But we know the most experienced, which are: Nettuno, Danilo Pereira, Ricardo Santos, Sérgio Freitas, Juliano Fontes and Theo Borges. They all share, from simple tips to advanced sports trading techniques, for those who want to start in this market.
