You have to be able to understand the current situation and throw general statistics out of the window because they rarely apply to specific situations within a game. Their theory suggests that if you find out what most the fans are putting their money on and then bet the opposite you’ll win more often than lose. If betting sites find themselves hit with lopsided action consisting of maximum bets on one team or the other, this is a sign the oddsmaker that opened the odds handicapped the game different than sophisticated punters who are wagering on the opener. In order to do this there needs to be punters on the other side laying that team, which for the most part there always is. The goal of the gambling sites is to then adjust and keep adjusting the lines until lopsided action from professional punters ceases.
So here a £100 per goal punter lost £150. So a £100 per goal punter scored £130 in profit. Alternatively, the punter can choose to lay a team, which has him effectively acting as the bookmaker; he puts his money on this team losing. During a match you can continue to either back or lay teams. The concept of exchanges is rather simple: a punter can log in and choose to back a certain team. Below is a list of cricket bookmakers that are reputed and have a massive punter base worldwide. Our experts put in a lot of work to compile this list of the best betting sites in India with instant withdrawals. Our experts have taken the time to extensively test the best exchange betting sites UK has to offer. It’s wise to assess each site’s offerings and check reviews to choose the best IPL betting platform. A betting exchange is a wagering platform where peer-to-peer action takes place.