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              Backing an outcome at the exchange

Profit from placing surebets with betting exchanges very much depends on your Commission Rate. You need to check your commission rate every Sunday night.

When you login to your OddsAndBets account - you can use your own commission rate for the betting exchanges. 

You can use both the "Back" and "Lay" sides of a betting exchange. Backing an outcome is the same as placing a bet with a regular bookmaker.

The calculator shows you the BACK odds, as well as the corresponding LAY odds on the opponent player.

Step 1: Make sure you have the correct commission rate in the comm % field.

Step 2: Type in an amount in the Back amount field or in the Amount field on the other outcome with the other bookmaker and click Calculate:

.

3.18%

Tennis

Betfair

Ivan Ljubicic

1.27

Admiralbet

Kuerten, Gustavo

5.50

calc

Step 3: Check the Profit Amount and Profit % - these are NET profit - after applying your possible commission payment to the betting exchange.

Step 4: Click the bookmaker names to have the 2 websites instantly loaded.


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How to back at exchanges

>> The formula for using betting exchanges automatically loads for you when you select a trade involving a betting exchange.

>> Before using a betting exchange - make sure you have entered your current commission rate in the respective field - do that only once per login session.

>> Backing an outcome at a betting exchange (such as Betfair) works the same way as betting with a regular bookmaker.

>> Make sure to first start with the betting exchange bet (both odds and amount) as the market at exchanges is usually moving very quickly.

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