Do you know why professional bettors prefer a betpro account over traditional bookies? It's the power of the Exchange. Unlike fixed-odds sites, betpro lets you act as the bookmaker.
Mastering the art of "Backing" and "Laying" on your betpro id is the key to consistent profits. This guide demystifies the exchange mechanics so you can trade sports like a stock market.
What is a Betting Exchange?
A betting exchange matches users who want to bet for an outcome with users who want to bet against it. BetPro simply holds the money and pays the winner, taking a small commission.
This means you are not betting against the house; you are betting against other people.
Understanding Back vs Lay
Get these two concepts right, and you are 90% there:
Back (Blue Box)
"I think X will win."
Just like a normal bet. If Pakistan wins, you profit.
Lay (Pink Box)
"I think X will NOT win."
You act as the bookie. If Pakistan loses OR draws, you win the other person's stake.
Hedging: How to Lock Profit
Hedging (or "Greening Up") ensures you win money regardless of the match result.
Example:
1. You Back Pakistan at odds of 2.0 before the match.
2. Pakistan scores 100 runs in 10 overs. Odds drop to 1.5.
3. You can now Lay Pakistan at 1.5.
Result: You have locked in a guaranteed profit no matter who wins.
Understanding Market Liquidity
Liquidity is the amount of money available to be matched. On BetPro, major events like PSL and IPL have massive liquidity, meaning you can place bets worth lakhs instantly.
Pro Tips for Exchange Betting
- Wait for the Toss: Odds fluctuate wildly after the toss. This is a prime trading opportunity.
- Don't Chase Losses: Since you can bet huge amounts, discipline is vital. Stick to your plan.
- Use 'One Click Bet': Enable this setting in BetPro settings for faster trade execution during live play.
Frequently Asked Questions
What does 'Back' mean?
What does 'Lay' mean?
Why are exchange odds better?
What is 'Cash Out'?
Is there a commission?
About the Author
Zohaib TahiR is a recognized authority in Pakistan's online betting landscape. With extensive expertise in platform security and account management, he specializes in guiding users through safe BetPro Exchange practices and secure financial transactions.