Thanks to Betting Exchange and Betfair it is possible to trade on sports betting, as if they were shares or derivatives exchange, exchanging the results of not only football matches or some sporting events (tennis, Formula 1, cycling, etc.), with other players both live, and even before the beginning of the event itself.
Betfair, around the beginning of the 2000, allowed the direct interaction between two "worlds" which were before diametrically opposed:
Bets and financial markets. The Betting Exchange is therefore a platform for exchange of bets among the players which made possible to be able to trade the odds or simply as people usually called them on bets. Betfair, around the beginning of the 2000, allowed the direct interaction between two "worlds" which were before diametrically opposed: Bets and financial markets. The Betting Exchange is therefore a platform for exchange of bets among the players which made possible to be able to trade the odds or simply as people usually called them on bets. Trading on bets made possible by Betfair is undoubtedly the new trading revolution which we have named trading 2.0. The trading betting will in fact be a revolution for Italian people and for the other Europeans too, when the European Countries permit their citizens to use the betting exchange as it has happened in United Kingdom since to 2000; UK is in fact always in the first position when speaking about financial markets and gambling! The Betting Exchange it is "easier" to manage than then financial trading of shares or derivatives. Everyone will ask why is it a revolution? Why is it easier to trade in the Betting Exchange? The answer is simple: here we know in which direction move the graphics portion when time passes by. Yes you get it! We know how the odds will move and then we can make directional trading having no longer to use special indicators or esoteric theories to predict the movement of units as time passes by. The Trading then will be easier and profitable as long as you are using a correct approach in Money Management, which is the basic principle for each business strategy and especially trading. To trade the financial markets is now very difficult if not impossible due to the lack of liquidity and the infamous "machines" of the Banks that act in order to intraday traders lose systematically forcing them to close the position at a loss, whereas this in Betting Exchange does not happen, because the odds are moving in a systematic way to vary the time factor and you cannot "entrap" the market in a narrow range of values except for a few minutes or if the match is subject to the phenomenon of match fixing that is if the game is rigged. The Betting Exchange enables us immediately to understand if you are in a can combine between two teams (you can see the movement of live odds and the respective volumes of their odds) this enables the competent authorities to carry out, at a later stage, all the appropriate investigations. We only have to wait for the official arrival of the Betting Exchange in Italy in order to take full advantage of this new and immediately trading revolution, which in our opinion, will be like the early years of the Covered Warrants in Italy that has enabled many traders to become rich in a short time.