When you’re gambling, the house always win. They’ve got statos working round the clock ingesting data and crunching numbers to make sure that, in the long run, they’ll come out on top. Versus your admittedly excellent amateur knowledge built up watching your favourite team and playing fantasy football, it’s not much of a contest.
Good news, a new sports trading platform means that instead of taking on the bookies, you can bet against people just like you – or potentially even Razor himself. Sport Exchange is a new peer to peer app which combines the excitement you get from sports betting with more measured elements from the financial world of stocks and shares to create a unique trading market around a sporting event. You can buy and sell units before and during matches, trade out to cut your losses, and even make profit before kick off. If you know a bit about trading, it’s perfect for you.
Are you so confident that Arsenal will beat a Bournemouth (that will be without their attacking fulcrum Jack Wilshere) that you’d put your money where your mouth is? Buy a unit of that position, and it’ll pay out one hundred English pennies if you’re right, but one trick is when to buy those units. If Bournemouth score first, there’s a good chance you’ll be able to snap up available units for cheap. If you buy at 13p, you’ll make 87p on each unit you buy. Not happy with the price? Then make a bid and see if anyone bites.
There’s no need to make such risky bets on unpredictable teams either. Take some positions on sure things (Liverpool vs Sunderland on Saturday, anyone?) and slowly build your pot. This isn’t roll-over accumulator lottery money – this is trading. You might not beat the house, but those with nouse can beat the market – and you’re not even playing Sport Exchange who just take a commission on every trade - just like they do on the stock market.
Download the app this weekend and you’ll get a £30 free to trade bonus in your account so you can stop betting and start trading. Oh, everyone’s sure Man City will beat Burnley, but we’ll be betting on Heaton – and possibly against you on Sport Exchange.
