Why Is Casumo Id Punter Betting More?
Furthermore, traditional bookmakers want you to lose when you bet with them. A betting exchange such as Casumo Id acts as a facilitator and is uninterested in who wins.
Betting exchanges gain money not from your losing bets, but from the amount of betting activity on which they collect a fee.
There Is No Limit Betting.
While bet limitations differ from bookmaker to bookmaker and market to market, there are no betting limits on an exchange in theory. In theory, this is because the amount you can bet is 'restricted' by the liquidity of a specific market. What exactly is market liquidity?
This is a phrase that betting exchange veterans frequently employ. What does it imply? It simply refers to the quantity of money transferred among exchange users on a specific betting market.
Markets on an exchange like Casumo can see activity in the millions of pounds, especially on big markets like Premier League or Champions League football, significant racing events, or internationally popular events like the NFL Super Bowl. These marketplaces are regarded to be highly liquid.
Another constraint is, of course, the odds supplied by other exchange users. While a market may be liquid, you may not be able to bet the volume you want at the odds you want.
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The Odds Are Better.
The odds are also often better than those found at a traditional bookmaker. However, while this is a typical promise made by betting exchanges, it might be misleading.
To begin with, as previously stated, liquidity is important. Sure, a traditional bookmaker may only provide odds of 2.20 for Chelsea to win a weekend match against Liverpool, and the best odds available at Casumo may be odds of 2.30, but can you place the desired investment at odds of 2.30? It's undoubtedly achievable in a high liquidity market, such as a critical Premier League match, but in less well-known leagues or sports with low liquidity, you may struggle to get on your desired stake.
Unveiling the True Value on Betting Exchanges
Most significantly, claims of 'better odds' must be weighed against the commission rates you would pay. Yes, odds of 2.30 for Chelsea to win are better than odds of 2.20 from a bookmaker, but if you factor in the fee you will pay to the exchange, the odds may be quite comparable, if not inferior.
This is critical to remember. Many exchangers offer different commission rates depending on the league, tournament, and market. Matchbook, for example, charges no cost on some football markets, whilst other exchanges charge between 2% and 5% on all winning bets.
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Why You Should Choose a Conventional Bookmaker like Casumo Id?
While it may appear that betting exchanges provide a better product and service than traditional bookies, there are several areas where casual punters may favour the latter.
- To begin, the exchange model does not allow for the same variety and consistency of incentives and free bet deals. Betting exchanges may not be for you if you prefer taking advantage of weekend special offers for the Premier League, for example.
- Second, it should be noted that, while certain betting exchanges have enabled users to offer or request multi bets, such multi bets are rarely matched. If you want to place a multi-bet on the weekend's football, you could prefer a classic bookmaker like Casumo Id.