Betting on the exchanges is by default a totally different way of thinking and acting regarding the players’ betting activity, but at least, it is a rather better experience than the one of the typical bookies’. Especially if you manage to understand all the terms surrounding the exchanges, no matter if we are talking about Betfair, or the latter’s alternative operators. One of the most important terms to understand and act according to that, is the Betfair liquidity. Obviously, to the beginners is something like… Chinese, but in the end you will understand that is a simple term, defining whatever goes on, when the talk goes to the betting exchanges.
In the following few lines we are going to explain what exactly is the liquidity on Betfair , along with the reasons the latter is extremely important for your bets. We will also analyze how can you identify if the event’s liquidity is good for your betting activity or not, so keep on reading the guide we have prepared for you. We promise that you are going to help you understand in depth one of the most important aspects of the exchanges!
Why does the liquidity from Betfair is important?
Before we jump into analyzing the importance of the Betfair liquidity on your betting activity when you place your wagers on the betting exchanges, the most important part is to break down what does the term stands for, for the punters not knowing what is the Betfair liquidity. The latter essentially defines the amount of money you can use on each event and on a specific market to place a bet, either a back or a lay wager. No matter what, you want be able to wager more than this specific amount. However you can rebet again and again on the maximum amount you see on the Betfair liquidity.
Moreover, the available Betfair liquidity is also defined as a combination of one or more different users’ unmatched bets. And as we have already told, you have the capability of betting the whole or a part of this amount, but never a higher amount than this. If you do so, then the system will take it as an unmatched bet which others players should come and match it. The Betfair liquidity is shown under the odds of every selection, on which you can place your bets. It is noteworthy that the amount of the liquidity will be shown in the currency you have chosen for your account when you are logged in, but in British pounds when you are not connected to your betting exchange account.
Having explained what exactly the liquidity on Betfair is, it is now time to see why that term is so important for the punters. First of all, the biggest the liquidity is, the more possible is for you bet to be matched, as more bets are placed on this specific event. You will probably notice that the most popular events are the ones with the highest liquidity on Betfair, as the interest on the events is big, while it also shows that a wide number of bettors place their bets on that exchange.
Let’s take as an example a horse racing event. In case you choose a race with a low liquidity on Betfair, the disadvantage here is that you will be able to lay some of the horses taking part in the race, but not all. On the other hand, the reduced liquidity will give you an edge over the backers, as they would compromise with wore odds than to not bet at all.
Another reason why the liquidity on Betfair is very important is that in some way, it shows that the betting exchange you have chosen is trustworthy and for that reason a huge number of punters place their bets here. Especially when the talk goes to Betfair, all the bettors around the world are aware of the significance this specific operator and it is not a coincidence that most of the Betfair alternative betting exchanges are embraced from the punters are the most legit alternative choices to the mother company.
For example, exchanges like OrbitX, Winfair24, Fair999 and Whitehorse, which are all derivatives of Betfair, have the same liquidity as Betfair, as all of them draw their data from the Betfair API. That leads to the punters knowing that choosing those operators, their bets will never be unmatched, while at the same time they will get a number of extra benefits they would never had on Betfair.
Namely, some of those advantages are the quickest withdrawals, the more lenient KYC, the lower commission on the players’ winnings and the chance to use cryptocurrencies to top up your account and withdraw your winnings from the latter. If you have been wondering how you could take advantage of all the aforementioned benefits and the same liquidity as Betfair’s, the best way is through a betting brokerage like Brokerstorm, a service guaranteeing safety and security for your personal info, your bets and your money, while you can get all the above mentioned perks to get your betting activity to the next level.
