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Betfred launches the new Best Price 'Bet of the Day'

Tradbets

Tradbets

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• Financial

the No.2 betting exchange serious punters have been looking for.

Backed by a large multinational, TradBets.com is secure and reliable, designed to handle large bet volumes and committed to low commission levels of 3-2%.

TradBets.com, the No.2 betting exchange serious punters have been looking for. Backed by a large multinational, TradBets.com is secure and reliable, designed to handle large bet volumes and committed to low commission levels of 3-2%. The Tradbets.com betting exchange allows users to back a selection to win in the normal manner or alternatively to lay a selection lose.

If you back a selection to win the process is exactly the same as with a normal bookmaker with you standing to win your stake x odds. If you lay a selection you offer odds for the other user to accept with you receiving their stake if the selection loses and paying out if it wins.

As a result the bookmaker and therefore the bookmaker's margin is eliminated from the bet, which leads to significantly better prices being available at TradBets.com than those offered by traditional fixed odds bookmakers.

Users can back or lay at the prices available or ask for better prices, with the Tradbets.com site acting as the negotiation tool between users. It is important to ask for realistic odds. If another user does not match your bet then it will simply lapse when the market closes.

Prices move very quickly on the exchange particularly on big events so timing is all important when looking for value.

Tradbets.com offers both pre-event and in-running markets so users can hedge their position throughout the lifetime of an event.

Users pay a commission based on their net profit per market not on individual bets so hedging on TradBets.com is extremely cost effective. Commission is charged on a sliding scale from 3-2% depending on a user's turnover.

Rules are available for::: You should read these.

1. American Football
2. Athletics
3. Baseball
4. Basketball
5. Boxing
6. Cricket
7. Cycling
8. Darts
9. Entertainment Bets
10. Golf
11. Greyhound Racing
12. Horse Racing
13. Ice Hockey
14. Motorsports
15. NFL Tournament Markets
16. NCAA Tournament and
Conference Markets
17. Political Events
18. Pool
19. Rowing
20. Rugby League
21. Rugby Union
22. Snooker
23. Soccer
24. Speedway
25. Tennis
26. General


More q's asked

What Are Decimal Odds?
Decimal Odds (also called digital odds) are an increasingly common method of displaying the fixed odds price of a selection in a market. Decimal odds differ from traditional fractional odds (2/1, 3/1 7/2 etc) in that they include the stake and show the total return on a winning bet as opposed to only the winnings as in the case of fractional odds.

As such if you bet £10 at decimal odds of 4.0 then your total return if you win is £40 including your stake. The equivalent fractional odds would be displayed as 3/1 so for a £10 stake you would win £30 but would also get your £10 stake back.

TradBets.com has chosen to use decimal odds rather than fractional as we believe them to be easier to use in the betting exchange environment, particularly when making multiple bets in a fast moving market.