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Single bets on golf and football, why would you not always use an exchange?

  • 25-02-2014 10:29pm
    Registered Users Posts: 1,830 ✭✭✭ Glenbhoy

    This is something which has long puzzled me and looking at odds for one game in particular has prompted the question.

    I gamble on golf and football, I use the bookies for accums and betfair for singles.

    I don't bet ew on golf, but I do like backing outsiders, the type of guy I back is likely to be 175/1 with traditional bookies and 700+ on the exchange, now it's probable in many tournaments nobody actually backs these guys with bookies, but come major time, plenty of people do.
    At lower odds, very occasionally, you see an 8/1 with the bookies trading slightly under that on the exchange (because there are no stake restrictions on the exchange), but in general, the exchange will be higher. The typical 33/1 shot for example will trade at closer to 50.0.

    In terms of football, I see similar things constantly, just now, I was going to place a DNB bet on Athletico PR to beat Velez Sarsfield, I decided I'd use my PP account, until I saw the price on offer that is, 7/2 v 9/2 with B365 or 6.2 with betfair. I obviously can't accept the odds PP are offering there. Their win odds for Athletico PR are lower than the DNB odds at betfair.

    So, what am I missing, is there a reason why people don't use exchanges for almost all single bets?

    Also, not related at all to the post, but does anyone know why PP offers so few Asian H'caps in soccer?


  • Registered Users Posts: 4,816 ✭✭✭ Bateman

    Asian handicaps are how serious punters tend to make a lot of their football profits and traditional bookmakers are not in the business of assisting people to win money. Asians take the draw out of the equation and bookmakers make heaps of money off games that finish in draws as recreational punters back draws relatively rarely.

    By the time you subtract commission (and premium charge if applicable), betfair isn’t better than the bookmaker for every single selection in every single market, although needless to say it is for most.