What are Betfair exchange games?
Betfair is one of the largest betting exchanges in the world, as well as an excellent platform for trading sports and games. The concept of sports trading is frequently discussed in articles, forums and blogs all over the web, but not everyone knows that trading in traditional casino games is actually quite possible, through Betfair Exchange Games.
Betfair Exchange Games is an integrated part of the Betfair website and currently features seven different games with new ones being introduced from time to time. In order to play and trade with them, you will need to have an existing Betfair account. In addition, to play these games for real money, you will need to make an internal transfer from your main Betfair wallet to your Betfair Games wallet. However, this is a fairly easy process and can be done within seconds within your Betfair member account area. You can of course transfer your money to your main Betfair wallet at any time.
When you first start any of Betfair’s trading games, things can seem a bit confusing. You will soon notice that you, as a player, do not take an active part in the games. In the game of Blackjack, for example, you will find that there are four computer players playing against one computer dealer. Both the players and the dealer will play “Perfect Blackjack”, which simply means the correct mathematical way of playing the game without any human conditions such as emotions, stress or fatigue involved. Computer players will always know when to “hit” or “stand”, for example, based on the probability of winning the hand. Your task is to determine which of the players/dealer will win or lose the hand at the end depending on the cards you have. Bets are placed in rounds, as both players and the dealer draw new cards, and you can “back” (bet for) or “bet” (bet against) certain players or the dealer while the hand is being played. .
The basic principle of supporting and placing certain special hands, players, events or conditions that occur in a game remains the same in all trading games, whichever one you choose. As betting progresses in rounds where new cards are dealt or drawn, the odds rise and fall throughout the game, which of course makes this scenario perfect for trading. Trading games like poker and baccarat tend to attract a lot of professional traders as the odds tend to swing very quickly between which hands are favourites. Additionally, there are several side bets to choose from on most games to further expand trading opportunities.
In addition to the more traditional casino games like Blackjack, Poker, Omaha and Baccarat, there are other unique games available on Betfair Exchange Games. In the HiLo game, for example, the player will backtrack or position the computer to correctly predict the next card in a sequence: will the next card be higher or lower than the previous one? Similar to the Blackjack game example above, the computer will guess the next card based on probability. For example, if card 7 is drawn and there are 2 cards left in the game with a value less than seven, and if there are 5 cards with a value greater than 7 left, then the computer will predict that the next card will be higher. than card 7. As simple as the HiLo game may seem, this is a challenging game for dealers, as the odds will vary, not only depending on the order in which the cards are drawn, but also on how many total cards are left in the game. the game.
Betfair Exchange Games also hosts a virtual horse racing game called Card Derby Racing, where “virtual horses” race the length of the track while cards are drawn to determine their progress in each round. Also, an interesting version of the classic Roulette game is available at Bullseye Roulette. In this version of the “Betfair” game, several roulette balls are sent out in rounds as they remove all the numbers until only one number remains; in fact, the result would end with a single spin of the wheel at any online casino. . But in the Betfair version of the exchange roulette, of course, bets and changes can be made every round!
Betfair trading games can be played in a slower ‘standard’ mode, where each round lasts about a minute, and in ‘turbo’ mode, where each round lasts about 30 seconds. It doesn’t matter which mode you choose, as the games play out in exactly the same way. Of course, the “standard” mode will give you more time to place your bets, but many professional traders will prefer the “turbo” mode or use software like X-feeder to place bets.
Betfair trading games are certainly a lot of fun to play, but there is also a lot of discussion in betting forums all over the web about whether or not you can really benefit from the games in the long run. Some people claim that it is impossible due to low odds and Betfair’s winning commission. Others, usually professional traders, will claim that while you are not likely to win every time, the overall gains that can be made from executing a good strategy with a solid trading plan will far outweigh losing sessions. In later articles, we will discuss basic and professional strategies that you can use when playing Betfair trading games.