The hidden Betfair betting exchange simulator
I saw some rumours today that Betfair was planning a betting exchange simulator in the UK. It reminded me of the fact that one already existed, but people probably never knew about it.
So here is a quick look at this ‘secret’ exchange simulator.
Betting with a sportsbook has always been pretty simple. You place a bet and that’s it. You win or lose, you just can’t choose.
But with a betting exchange you can back, lay, trade, dutch, hedge, there are so many options. But that in itself makes things a little more confusing for your average Joe punter.
So I think an exchange simulator for Betfair would be a good thing. It would give people the chance to play around with the concept without any fear.
Of course, on Bet Angel you have a full practice mode using real live market data, so that’s the best way to get really up to speed if you are serious.
But I thought I would highlight this, if you want to have a play or perhaps demonstrate how you could easily win a few dollars on a US horse race!
Here is the URL: –
https://us.betfair.com/hr-simulator/
If you are interested in a ‘real’ simulation mode with real market data and a realistic fill rate. Check out Bet Angel’s practice mode. View more detail here: –
https://www.betangel.com/user-guide/practice_mode.html
I also produced a video on why practice mode is different from real trading: –
#betfair #betfairexchange #simulator