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Three scenarios for betting with the betting exchangesYou are confident today's game won't be a draw but it is likely to be low scoring. You don't fancy either team to score in the first half-hour. You have several options:1. Take a 90 minute approach and lay the draw before the game (approx 3.4) as your only bet.2. Wait 35 mins until teams step up the pace and start going for it a bit more, meanwhile the price has dropped to just under 3. Laying at this price means risking less to win the same amount.3. Watch the first 5-10 mins, get a feel for the game and then trade the draw as the price begins to move. Key point - the draw price rarely moves more than a couple of ticks (3.4 to 3.3 equals two ticks) in the first ten minutes, so backing it early only provides you with possible downside early in the game if a goal is scored. With over an hour to go, the draw price can't shorten a great deal so there is no benefit for the trader who wants to back then lay.So you back the draw at 3.2 after 12 mins with the intention of trading out 20mins later if all goes to plan (ie no goals). When the draw hits the price you were looking for, say 2.9, you have several options to trade out including:A - take your initial stake backB - use the payout link to balance out your green bookYou must click on the word 'Payout' directly above the lay stake box, then add together your risk (red, £20) plus potential profit on selection you are trading (green, £44) for the correct figure to input. Ignore the minus signs.C - change tack completely and lay the draw for moreYou now have a position where you have effectively laid the Draw for £20 at 2.6, (-32, +20) a price which has yet to be seen. This means you have 15-20 minutes of 'buffer' before that figure is the true price of the Draw.
Tags: betting, Exchanges, scenarios
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