Between Betting Exchanges and Sportsbooks Which has a Profit Potential?

[redsun114]

How does betting exchange work exactly? I learned that it is different from a sports book. I have looked through the gambling board I am yet to see anything like that. Between a betting exchange and a sportsbook, which of them guarantees that I will make a higher profit after a stake of no more than 3% of my bank which is my maximum risk?

How about you make an investment in cryptocurrencies such as Bitcoin with that money instead? It is better than gambling in my opinion. The prices are pretty low at the moment, we have got the bull run coming up very soon, so I'm pretty sure you can earn some profit from that if you invest right now. If you are looking for profits, then that is what I would suggest.

However, if you are looking to gamble anyway, I would suggest you go with a sportsbook and make your bets there if you know you have enough knowledge and experience about certain sports because one can be able to earn some profit in the long run if they can manage their bets in a good way and if they have enough knowledge and experience in the field.

[Webetcoins]

Betting exchange? Hmm, I think they are like an option trading where you need to choose if whether the market will go bullish or bearish. That would be their obvious difference from sports betting where we need to choose between a sports team or players. There is also E-sports now where we can bet on our favourite video game players around the world.

Even though both of them has a profit potential, I still think that sportsbetting is more strategic. Making a guaranteed profit may still be impossible if that is your goal. This is still gambling after all, so the chance of losing is always there at the corner, waiting for you to make a mistake. Our luck can also contribute to it.

[AmoreJaz]

Betting exchange? Or Betting casino? I'm thinking about betting exchange where you are betting on exchanges that maybe have the best order book or something. It's definitely something that could be interesting to look at lol. I don't have any idea with this but I'm thinking it's something similar to having more options if you were to be in an exchange? Like you can trade aside from just playing games in the casino or something?

3% is a good risk management thing.

You may have to read through the link shared in few comments below the thread to have idea of what betting exchange really means, although after reading through the entire article to see that this kind of betting is Carried out on an exchange I couldn't find any of such informations, but the this type of betting is more complex compared to the traditional betting.

And also we haven't heard any thread that discus this topic before, and for that we all have to take extra search to discover more about this kind of betting before we can clearly compared betting exchange to traditional sport betting.

There are not so many popular betting exchanges that you can find in the forum. But I remember this

exbet.io  - https://bitcointalk.org/index.php?topic=5187610

If you try to click the site, it is already down. Seems that they are out of business already. But they started good as they gave the community some free money to try out their site. However, maybe owed to "complexity" on how to play, it didn't attract patrons to maintain the business.
In this case, I can say, sportsbook are the ones gaining in profit as you can see a lot of bookies in this forum alone and they are continuing to operate and still growing.

[passwordnow]

There are not so many popular betting exchanges that you can find in the forum. But I remember this

exbet.io  - https://bitcointalk.org/index.php?topic=5187610

If you try to click the site, it is already down. Seems that they are out of business already. But they started good as they gave the community some free money to try out their site. However, maybe owed to "complexity" on how to play, it didn't attract patrons to maintain the business.
In this case, I can say, sportsbook are the ones gaining in profit as you can see a lot of bookies in this forum alone and they are continuing to operate and still growing.

I remember them but when it's come to understanding of what is a betting exchange from a casino, does it really matter with the difference of it? Both are still a gamble and that's why those that prefer to go into a casino with specific games like sports betting, that's all what matters to them.

But from the point of casino owners, what matters to them is on they're being liked by their customers and that's through their various games that have been made.

So, if someone wants to make with the games that has the potential to profit, most likely everyone will choose to do sports betting because many are already familiar with it.