The Premier League has taken its first international break of the season and punters are set to be reviewing their ante post portfolio.
Sergio Aguero and Raheem Sterling have been the star men in front of goal for Pep Guardiola, with the Argentine netting six goals in three starts whilst his English teammate has five.
What is the Betfair Exchange?
The Betfair Exchange is the world’s largest sports betting exchange. It follows the model of a stock exchange but replacing share trading with betting odds on events in the world of sport, politics and entertainment. T&Cs apply.
On any betting market, there are two sides of the bet. On one side, there are those who think an event will happen (backers) and on the other, those who think it won’t happen (the layers).
The Betfair Exchange allows customers to bet against each other rather than a traditional bookmaker, meaning players can set their own odds which may be longer than regular sportsbooks.
Backers and layers get bets ‘matched’ as long as they agree on a price (the odds) that an event will or won’t happen.
Premier League Golden Boot Betting
The race for the Golden Boot has no clear front runner after four matches, perhaps unsurprisingly, with Aguero having scored six goals but only leading the market by the slightest of margins.
How does the Betfair Exchange work?
By matching customers, rather than taking the risk itself, the Exchange provides the option to ‘lay’ - betting on something not to happen.
Betting against other customers removes the need for the margin that fixed-odds bookmakers incorporate into their prices and provides the opportunity for a more efficient marketplace, which is why you can often get better odds on the Betfair Exchange. Instead, customers pay a small commission, but on winnings only.
How do I sign up to the Betfair Exchange?
To sign up, simply follow this link or any of the relevant ones on this page and simply register for an account as usual.