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What Is A Betting Exchange?

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A betting exchange allows punters to bet against each other directly instead of betting against a traditional bookmaker. You may wish to bet on a specific horse at 2/1 and someone else may want to offer or “lay” that same horse at 2/1. In a betting exchange environment every bet requires a backer and layer in order for that bet to take place; this is known as a ‘matched’ bet. This approach to betting means that a punter will always win. Read more

Posted in Other

Preview: Big Brother 2009

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Big Brother has kicked off this evening with another bunch of fame hungry housemates. As always, there is value to be had in the betting so I will do my best to give a rundown of this year’s contestants. Rodrigo a 23 year old student from Brazil is currently the early favourite trading at 9/2, a very short price considering the series only started on Thursday. Read more

Posted in TV Specials

Winning Progress

September 2009: £144.68
Strike Rate: 50.00%

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Hi, I’m Dave; a 24 year old semi-professional gambler. I live in London, England and have been gambling online since 2004. I make a large part of my living betting on football matches and horse racing on the betting exchanges. I placed my first bet when I was 11 years old when I backed Superior Finish in the 1996 Grand National. I didn’t win that day but the thrill of betting has had me hooked ever since. In the past 12 months I’ve made over £24,000 from sports betting with my biggest single win coming on Kauto Star in the Cheltenham Gold Cup when I scooped £5,000.

Categories Comments Archives
Craddock: Oh right, didn't realise that lol. Josh...
bigdavestar: You're doing well Josh, but 10pts is equal to 10%, you should never be betting more t...
Craddock: I started out at £100, currently have £371.81. I joined... 5 days ago. You know y...
bigdavestar: I'm betting at £100 per point :)...
Lovejoy: Are you betting to £50 per point...