How to Use a Betting Exchange | Betfair Trading for Beginners

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  • Опубліковано 4 кві 2020
  • This video teaches you how to use a betting exchange as a complete beginner. It covers basic concepts such as lay betting, how betting exchange odds work and what the different 'what if' values mean. It's the perfect starting block for a complete novice that wants to start trading Betfair.
    For more advanced tutorials and information see the video course here: caanberry.com/trading-courses
    Also, you may like the scalping tutorial on UA-cam here: • Betfair Scalping £62+ ...
    For more sports betting tips, subscribe to Caan Berry Pro Trader: / caanberry
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    #BetfairTrading #Exchanges
    This video explains how to use a betting exchange interface and how exchange odds work.

КОМЕНТАРІ • 118

  • @CaanBerryProTrader
    @CaanBerryProTrader  4 роки тому

    Part 2 of this clip is here: ua-cam.com/video/bADqpTtd05Q/v-deo.html

  • @Ariabookbites
    @Ariabookbites Рік тому +2

    Thanks for explaining. I now understand what is liability when placing a lay bet. English as a second language for me took a bit of time to digest it lol.

  • @davidbiswas9578
    @davidbiswas9578 Рік тому

    Always good news from your report

  • @danielalbanz1129
    @danielalbanz1129 Рік тому +1

    Hello Caan
    Sometimes one bookmaker i use has boosted odds that can beat the international markets , however sometimes the odds are equal to odds for "lay all" of Betfair.
    My question is:When you go into an event, who set the "lay all" odds you see at first glance?(for example the 11.5 for Bodell Risk)
    The value bettors , so i should go into my boosted odds , or layers so a non value bet for the bettor?
    My country is restricted to use Betfair as you can guess it .
    Thank you!

  • @rohithgowda3717
    @rohithgowda3717 4 роки тому +2

    First one to like ur video bro.. Love u videos. Love from India.

  • @makkavelli3972
    @makkavelli3972 2 роки тому +1

    Hi
    If i place a lay bet on a dog at odds of 7.2 and layed it for 10 pounds,,somtimes it says bet partly matched then if the dog looses which means i have won as its a lay bet they have taken my full stake and most of my profit..Why do they doo that?Im then out of poket!!!

  • @MindbodyMedic
    @MindbodyMedic 3 роки тому

    I remember first time I came across Betfair thought it had a severe liability like some stock market trades. In general its like an ordinary bookie except more interesting and flexible.

  • @godali4405
    @godali4405 2 роки тому

    I am new here ,thankss

  • @bazinaustralia2912
    @bazinaustralia2912 4 роки тому +1

    Hi Caan, thank you for your interesting videos. I would like to ask please, if one day you could have a chat about the multi bet tools, Dutching and Bookmaking on Geeks Toy. cheers.

    • @CaanBerryProTrader
      @CaanBerryProTrader  4 роки тому

      Yes certainly, we can get this one done. Don't forget to sub to the channel.

  • @JJKiding
    @JJKiding 4 роки тому

    Hey, are you geeks toy listing horse racing at all? mine stoped today to list, it stays in Loading, any other markets like dogs, it work, but horse racing doesn't show at all, do you have this too?

  • @simplesmeerkat1665
    @simplesmeerkat1665 4 роки тому +5

    I was making profit most days before all this COVID started. Now...I just feel like I'm going back trying to do US racing. Come back UK racing!!!! lol
    I think I'm still going in too early...

    • @JJKiding
      @JJKiding 4 роки тому

      Hey, are you geeks toy listing horse racing at all? mine stoped today to list, it stays in Loading, any other markets like dogs, it work, but horse racing doesn't show at all, do you have this too?

  • @inderdipbasra462
    @inderdipbasra462 4 роки тому +8

    Wow you grew hair very quick

  • @Single_Window_Solutions
    @Single_Window_Solutions 3 роки тому

    Sir what is Aryan sports exchange, is this legal to Play or not.. the people who use to play and earned is legally.?

  • @dharmendradayal44
    @dharmendradayal44 4 роки тому +5

    Exchange is real long term profits in it. Trade like a pro 🤟

    • @CaanBerryProTrader
      @CaanBerryProTrader  4 роки тому +1

      Yes, see the pro traders playlist here: ua-cam.com/video/Q_C1eR8tULQ/v-deo.html

  • @sangphamminh431
    @sangphamminh431 3 роки тому

    Could i bet back all three options 1x2 in same match?!

  • @trickyrich1968
    @trickyrich1968 3 роки тому +1

    How do you show the book percentage ... seems to be missing from my screen. Is there a button/option to turn it on?

  • @edwardhartz1029
    @edwardhartz1029 2 місяці тому

    Can you please explain why, at any given instant, the laying odds (red) are always slightly higher than the backing odds (blue)?

  • @xilin2447
    @xilin2447 2 роки тому +1

    Hi,
    Just came across your channel. Thanks for sharing these information. Do you know of any exchange that is available in the USA (New York City)? Betfair is blocked and I don't know where else to look.
    Thank you!

    • @CaanBerryProTrader
      @CaanBerryProTrader  2 роки тому

      Sporttrade launches soon but they aren't going to be in NYC, the taxes are too high. There won't be any good products because of this, low margin operators just cant function.

  • @fergaldownes
    @fergaldownes 2 роки тому +2

    Hi mate. Do you know of any data analysis tool for spots other than football. A tool like Betaminic but for sports like NFL, MMA, NCAAF, NBA etc.

    • @CaanBerryProTrader
      @CaanBerryProTrader  2 роки тому

      You're in the US? I'm not sure what to suggest for basketball statistics to be honest. It's not something I've spent time with!

    • @fergaldownes
      @fergaldownes 2 роки тому

      @@CaanBerryProTrader Nah, I'm Irish but live in Spain. I bet on US sports though as they have some winning angles. Just looking to fine tune those angles with a data tool. But can't find one.

  • @johnoldroyd5244
    @johnoldroyd5244 4 роки тому +1

    Caan just reading your book. Looking for a lay to back calculator app. All I can see is back to lay any advise?

    • @CaanBerryProTrader
      @CaanBerryProTrader  4 роки тому +1

      Certainly, use this calculator here: caanberry.com/matched-betting-calculator/

  • @sjewitt22
    @sjewitt22 3 роки тому +1

    If the overound is high enough does that mean you can bet every runner to guarantee profit?

  • @trace8153
    @trace8153 7 місяців тому

    what are the pound figures under the odds

  • @isakbrevik9998
    @isakbrevik9998 Рік тому

    Can you not choose 1000 for someone to win, and if they do get your money?

  • @makkavelli3972
    @makkavelli3972 2 роки тому

    Hi .
    If you was lay betting and winning small bits on a consistant basis,how long could you do that for befre Betfair would charge you comission ir would they close your accountif you was winning regulary??

    • @CaanBerryProTrader
      @CaanBerryProTrader  2 роки тому +1

      there is always commission on exchange transactions. they don't close winners because there's no need to because people are matching against each other not the house

  • @makkavelli3972
    @makkavelli3972 2 роки тому

    Hi Caan.
    Does sombody need too use a sight like profit accumilator too do match betting???
    Or can you do match betting any other way??
    Thanks

    • @CaanBerryProTrader
      @CaanBerryProTrader  2 роки тому

      You don't have to, you can do it manually but it'll be a lot harder. Try profit rush that's free.

    • @makkavelli3972
      @makkavelli3972 2 роки тому

      @@CaanBerryProTrader Ok will profit rush guide you how too match bet?as im a total Begginer have no idea what too do??

  • @helend269
    @helend269 Рік тому

    Where is the video that comes before this one? Thanks.

  • @jaymuller1369
    @jaymuller1369 3 роки тому +1

    Do Betfair close accounts on winning accounts or restrict bets if your winning too much??

  • @Kochos
    @Kochos 3 роки тому

    youre a very smart guy...drop this bet trading baby money and get into forex or stocks where the same cconcepts apply with trrrrrrrrrrrrrrrrrrrrrrrrrrrrremendously much larger profits

  • @CuteThingsChannel
    @CuteThingsChannel 7 місяців тому

    Can I place a lay bet of 1.01 odd risking 1£ to win 100£? Is it possible?

  • @dh6865
    @dh6865 3 роки тому

    So a lay bet is 1/1 odds on losing?

    • @CaanBerryProTrader
      @CaanBerryProTrader  3 роки тому

      It is the opposite of a back bet. it is taking somebodies back bet, regardless of price. The marketplace sets the price when you agree to match.

  • @ellerellerek52
    @ellerellerek52 2 роки тому

    I have zero idea about horses, if this was explained on some "normal" sport like boxing or football that would help.

  • @shantomathew-fh3hv
    @shantomathew-fh3hv 4 роки тому +1

    What happens if you increase the odds manually while placing bet?

    • @CaanBerryProTrader
      @CaanBerryProTrader  4 роки тому +1

      They are submitted to the market place at that price, and will be matched if it the price reaches it.

    • @shantomathew-fh3hv
      @shantomathew-fh3hv 4 роки тому +1

      @@CaanBerryProTrader And if the prices doesn't reach it?

    • @CaanBerryProTrader
      @CaanBerryProTrader  4 роки тому +2

      Doesn't get matched/no bet

    • @Alto53
      @Alto53 3 роки тому

      @@CaanBerryProTrader sorry what does ″price reaches it″ refer to in this context?
      I'm new to this, trying to learn.

  • @nathanboy9866
    @nathanboy9866 3 роки тому +1

    What if you only have 5 pound in your account how can you pay the liability?

    • @fender1000100
      @fender1000100 11 місяців тому

      You will have to deposit more money of course.

  • @W124phreak
    @W124phreak 2 роки тому

    I used to think I was fairly intelligent but I can't get my head around lay betting maths. If you win your lay bet, you get back your lay stake minus commission. It's a guaranteed small loss every time. I can't see where any profit is coming from. Or am I missing something? I can understand you'll make money if your bookie (back) bet wins (bookie winnings minus your lay stake, liability and commission = profit). I've been reading and watching videos for a week and I just can't get this lay bet maths. Help!

    • @CaanBerryProTrader
      @CaanBerryProTrader  2 роки тому

      Lay betting is just the opposite of a back bet, thats it. £10 lay at 2/1 (3.0) carries £20 liability.

  • @mkmukhlesofficial7203
    @mkmukhlesofficial7203 3 роки тому

    From Bangladesh, I want to create a batting website from your betfair

  • @vimuu8538
    @vimuu8538 3 роки тому

    Broh is this good comparing to bet 365 ?

    • @CaanBerryProTrader
      @CaanBerryProTrader  2 роки тому

      Wouldn't advise them, they restrict your account if you win.

  • @jaijaganyouth5980
    @jaijaganyouth5980 4 роки тому +2

    Any hacking betting rates back and lay plz make a one video sir

  • @petersturgeon6569
    @petersturgeon6569 4 роки тому

    so if i know my dog is going to lose because its unwell or not fit etc i cannot lose ?? or horse etc ?

    • @CaanBerryProTrader
      @CaanBerryProTrader  4 роки тому +2

      Hi Peter, can you explain your question a little more? happy to answer.

    • @petersturgeon6569
      @petersturgeon6569 4 роки тому +1

      @@CaanBerryProTrader if i have a dog or horse that i know is not fit then ii know it cannot win so therefore i back it to lose ?

  • @uraninite8151
    @uraninite8151 3 роки тому +1

    Is betfair trading reliable enough to make a decent income from?

    • @CaanBerryProTrader
      @CaanBerryProTrader  2 роки тому +1

      Haven't had a job for over 10 years and made more than I would anywhere else :)

  • @cierondawson926
    @cierondawson926 3 роки тому

    Hi so horse racing, if it places 1st/2nd or 3rd. If I (back) will it win either way?

  • @plamenpetkov676
    @plamenpetkov676 2 роки тому +1

    Hi, i am from Bulgaria and here betfair have not licence! Can somebody give me an advice how to use betfair?

  • @HailOdin-cz1qf
    @HailOdin-cz1qf 3 роки тому

    AND CAN YOU EARN MORE MONEY FROM BETTING ON THE PERSON OR DOG WHATEVER TO LOSE RATHER THAN WIN OR DO BOTH

  • @UnderwaterFishFilms
    @UnderwaterFishFilms 7 місяців тому

    how do i change language

  • @mkmukhlesofficial7203
    @mkmukhlesofficial7203 3 роки тому

    I am from Bangladesh, I want to create a batting website from your betfire. Please tell me how to contact you.

    • @vikassonawane9131
      @vikassonawane9131 3 роки тому

      Hi bro want to make good profit into betting contact me.

  • @pankajpundhir055
    @pankajpundhir055 3 роки тому

    Can anyone help me to create & use a betfair account?

  • @junaidali3084
    @junaidali3084 3 роки тому

    Liable amount not returned what can I do

  • @lt8400
    @lt8400 10 місяців тому

    Ive just turned 18 man where do I even start with all this its like a different language

    • @kingpin624
      @kingpin624 9 місяців тому

      Don’t bro it’s a shit hole trust me I’m deep in it LOOLLL

  • @pramodshah1830
    @pramodshah1830 2 роки тому

    How to do arbitrage in betting exchange

    • @CaanBerryProTrader
      @CaanBerryProTrader  2 роки тому

      Match the prices up, find the margin :)

    • @pramodshah1830
      @pramodshah1830 2 роки тому

      @@CaanBerryProTrader please upload a video with example.

    • @CaanBerryProTrader
      @CaanBerryProTrader  2 роки тому

      Theres one toward the end of this video - ua-cam.com/video/AJEM2_3QJSs/v-deo.html

  • @alexdrake8979
    @alexdrake8979 4 роки тому +2

    Shame your subs don't grow as quick as your hair...lol

    • @CaanBerryProTrader
      @CaanBerryProTrader  4 роки тому

      lol, true.

    • @RogerM88
      @RogerM88 3 роки тому

      @@CaanBerryProTrader now with the implants advances there is still hope.

  • @andy2991
    @andy2991 11 місяців тому

    What is a betting exchangs do u get restricted for winning withdrawal check accounts blocked and all that other nonsense that comes with online betting

  • @nantrabhatti3246
    @nantrabhatti3246 Рік тому

    Hi

  • @SohailKhan-vo6jf
    @SohailKhan-vo6jf 2 роки тому

    Hi dear

  • @ankitjurani75
    @ankitjurani75 9 місяців тому

    Could you provide me the account? To bet

  • @funzoneHD
    @funzoneHD 23 дні тому

    I need Betfair I'd
    Can u provide

  • @waqarshah2096
    @waqarshah2096 3 роки тому

    X

  • @malikmuhammadali4628
    @malikmuhammadali4628 10 місяців тому

    I need betfair verified account

  • @ericsturgess3512
    @ericsturgess3512 3 роки тому

    didnt lose a fiver your bet was unmatched as you know

  • @sladjan_vuksanovic
    @sladjan_vuksanovic 9 місяців тому

    gledao

  • @mukul3204
    @mukul3204 3 роки тому +1

    I need accout I'd India

    • @CaanBerryProTrader
      @CaanBerryProTrader  3 роки тому +1

      Looks like they turned off much of India.

    • @mukul3204
      @mukul3204 3 роки тому

      @@CaanBerryProTrader yes Banned in india .....but every body playing

  • @billtrump2045
    @billtrump2045 3 роки тому

    so confusing lol

    • @CaanBerryProTrader
      @CaanBerryProTrader  3 роки тому +1

      If it's too confusing after a couple of checks back and this vid I doubt it's for you... the industry thrives on confusing people and making things look simpler than they are.

    • @nathanboy9866
      @nathanboy9866 3 роки тому

      @@CaanBerryProTrader can you explain to me how can you pay the liability if you don't have the money in your account?

  • @adambaird5981
    @adambaird5981 4 роки тому +3

    It's not rocket science is it? Actually it even more confusing

  • @trace8153
    @trace8153 7 місяців тому

    about as clear as mud

  • @4castersiothebettingexchan436
    @4castersiothebettingexchan436 2 роки тому

    odds right before the game Manchester United vs Atletico Madrid football in 4casters betting exchange
    Manchester United +120
    Atletico Madrid -130

  • @josephgodridge2814
    @josephgodridge2814 3 роки тому

    You lost me

  • @pajser_ozdrlje5784
    @pajser_ozdrlje5784 8 місяців тому

    👎👎👎👎👎👎👎bad bad bad , warning👎👎👎

  • @nantrabhatti3246
    @nantrabhatti3246 Рік тому

    Hi