Betfair is one of the largest betting exchanges on earth, as well as a superb platform for investing both sports and games. The idea of sports trading is frequently being talked about in articles, forums and weblogs across the web – but not everyone knows that it’s actually quite possible to generate trades on traditional casino games – via Betfair Exchange Video games.
Betfair Exchange Games is an built-in part of the Betfair website and presently features seven different games with new ones being introduced on occasion. In order to play and trade with them you will need to have an existing Betfair accounts. Also, to play these games using real money, you will need to make an internal move from your main Betfair wallet to your Betfair Games wallet. This is a fairly easy process, however , and can be made within seconds within your Betfair member accounts area. You may, of course , transfer your cash back to your main Betfair wallet anytime.
When you launch any of the Betfair Trade Games for the very first time things may look a bit confusing. You will soon notice that you, as a player, usually do not take an active part in really playing out the games. Hanging around of Blackjack, for example , you will find that there are four computer players that are actively playing against a computer dealer.
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Both the players and the dealer will play “perfect Blackjack” – meaning simply the mathematical right way to play the game without any human conditions like emotions, stress or fatigue involved. The computer players will always know when to “hit” or “stand”, for instance, based on the probability associated with winning the hand. Your task is to determine which of the players/dealer will win or lose the hand in the end depending on what credit cards they are holding. Bets are placed within rounds as both players and the dealer draw new cards, and you can both “back” (bet for) or “lay” (bet against) certain gamers or the dealer as the hand is being played out.
The basic principle of backing and laying certain fingers, players, events or special conditions to happen in a game, stays exactly the same in all of the exchange games, whichever one you choose. As the betting move forward in rounds where new cards are being dealt or drawn, the odds shift up and down throughout the game which, of course , makes this scenario perfect for investing. Exchange Games like Poker plus Baccarat tend to attract many professional traders as odds usually golf swing very fast between the hands that are most favorite. In addition , there are several side bets to select from in most games to further expand investing opportunities.
Besides more traditional casino video games like Blackjack, Poker, Omaha and Baccarat, other pretty unique video games are available at Betfair Exchange Games. Within the HiLo game, for instance, the player can back or lay the computer in order to correctly predict the next card inside 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 upon probability. For instance, if the credit card 7 is drawn and there are 2 cards left in the game using a value lower than seven, and if you can find 5 cards left with a value higher than 7 – then the pc will predict the next card to be higher than card 7. As simple as the HiLo game may sound, this is a challenging game for traders since odds will swing, not only based on in which order the cards are usually drawn, but also how many cards stay in total in the game.
Betfair Exchange Online games also hosts a virtual horse racing game called Card Derby Racing where “virtual horses” competition along the track as cards are being drawn to determine their progress within each round. Also, an interesting version of the classic game of Roulette is available in Bullseye Roulette. In this “Betfair” version of the game, several roulette balls are sent off in rounds as they eliminate all of the numbers until there is only one number left – in fact the result you would end up with a single roulette spin at any online casino. But in the Betfair version of exchange roulette, bets and investments can of course be made in each round!
Betfair Exchange Games can be played in a slower “standard” setting where each round is approximately one minute long, and in “turbo” mode where each round is around thirty seconds. It doesn’t matter which mode you select as the games are played out there in exactly the same way. The “standard” mode will of course give you additional time to place your bets, but many pro traders will prefer the “turbo” mode – or use a software like X-feeder to place the bets.
Betfair Exchange Games are certainly quite fun to play, but there is also a big discussion going on in betting discussion boards across the web whether or not you can actually profit from the games in the long-term. Many people claim it is impossible due to underpowered odds and the Betfair commission on winnings. Others, usually pro investors, will claim that although it is not probably that you will win all of the time, the overall profits that can be made by executing a good strategy with a sound staking plan, will widely exceed the losing periods. We will in later articles discuss basic and pro strategies that you can use when playing Betfair Exchange Games.