Punters in India who bet on cricket often use a form of hedging bet called book set in betting, also known as a loss-cut or trading bet. It is a tool used to ensure that punters do not lose money, regardless of the result of a match. To understand cricket betting in India, you must get familiar with some local terms such as lagana (backing) and khana (laying).
How to set book in cricket betting? Setting a book is easier on betting exchanges like Betfair as they allow for both `back´ and `lay´ bets. Book setting requires some complex calculations, so be sure that you understand the bets correctly and have your stakes worked out for both the bets correctly, or else you might end up losing money on both the bets.
Bookset arises out of a situation when you had placed a bet and now that bet is going in favour of you ,what so ever you had bet is now in a right position and you can place such a bet now that you become profitable irrespective of the result of the event.
How to be safe while betting in Cricket:-. Always play online. You can use betway, 10cric, and 1xbet. They are the best website. The opening process, deposit, and withdrawal process are the ... Use nettler, skrill or bitcoin for financial transactions. Never use your bank account for betting ...
Punters in India who bet on cricket often use a form of hedging bet called book setin betting, also known as a loss-cut or trading bet. It is a tool used to ensure that punters do not lose money, regardless of the result of a match. To understand cricket betting in India, you must get familiar with some local terms such as lagana (backing) and khana (laying).
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Betting sites set odds based on two things: Probability of each outcome (using experience, trends, current stats, etc). His own margin. Let’s start with the probability of each outcome. We’ll use a football game as an example. England – 60%. Drawn – 20%. France – 20%. Total Probability – 100%.
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