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Sportsbook with lay betting

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bimmerpost2008
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Sportsbook with lay betting

Wed Nov 08, 2023 8:05 am

Do you guys think that is possible to create a sporsbook that allows to lay bets?like a pinnacle.bet letting you lay @ 3.50 for ex and when someone bets @3.50 to take your money and not the bookmakers
neopas
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Re: Sportsbook with lay betting

Wed Nov 08, 2023 11:44 am

bimmerpost2008 wrote:
Wed Nov 08, 2023 8:05 am
Do you guys think that is possible to create a sporsbook that allows to lay bets?like a pinnacle.bet letting you lay @ 3.50 for ex and when someone bets @3.50 to take your money and not the bookmakers

That would be called an exchange, not a sports book. Google Betfair.
bimmerpost2008
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Re: Sportsbook with lay betting

Wed Nov 08, 2023 11:52 am

I am aware of betfair.i have an account for many years but the PC is my big problem.i work to give betfair 40 % of my winnings.my thinking was that if a sportsbook allows lay betting we would provide liquidity and the bet365 of this world would not mind if a player is a constant winner.
Ramon Montenegro
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Re: Sportsbook with lay betting

Fri Nov 10, 2023 4:12 pm

Premium charges, I think this is a main disadvantage IF you are a winner and playing thru an Original Betfair account.
Did you try to consider betting on betfair white labels?
bimmerpost2008
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Re: Sportsbook with lay betting

Fri Nov 10, 2023 7:20 pm

No i did not...I like the concept of LAY betting because I provide liquidity for the market and the bookmakers would not lose anything.if that was possible a 5% comm would be fine by me
mrJustice
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Re: Sportsbook with lay betting

Sat Nov 11, 2023 2:08 pm

you can try Molly Exchange, there you can do Lay betting and provide liquidity for other players
Ramon Montenegro
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Re: Sportsbook with lay betting

Thu Nov 16, 2023 5:45 pm

bimmerpost2008 wrote:
Fri Nov 10, 2023 7:20 pm
No i did not...I like the concept of LAY betting because I provide liquidity for the market and the bookmakers would not lose anything.if that was possible a 5% comm would be fine by me

LAY betting for Horse racing? Or ALL Sports?
bimmerpost2008
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Re: Sportsbook with lay betting

Thu Nov 16, 2023 9:09 pm

For every sport.lets think about it...if a bookmaker makes lay betting available would it be uset that some guy who knows what he is doing is a long term winner?betfair was a great idea...but they got greedy.

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