Sports betting offers vast options on betting exchanges but some sports stand out more than others. Knowing the most popular sports to bet on and why they are favored on betting exchanges can give both beginners and seasoned bettors a better chance of success.
What is Exchange Betting?
Before diving into the popular sports to bet on, let’s briefly explain what exchange betting is. On betting exchanges bettors can bet against one another forming matched back and lay bets at agreed odds. The odds are not set by the exchange, but by the bettors themselves. The betting exchange platform takes a small commission from the winning bets. So, in betting exchanges, for every outcome there are two sides of a bet, the back and lay side. Backing an outcome is betting on it to happen and laying an outcome is betting on it not happening. This type of betting gives bettors more options and more control over their bets because they can also offer their own odds.
Top Betting Exchange Sports to Bet on
Football (Soccer)
Football is by far the most popular sport on betting exchanges. Football has a global appeal and it is preferred by bettors because there are matches and tournaments happening almost every day. This gives endless opportunities for betting on both popular and niche markets. Bettors can place bets on the outcome of a match, the number of goals scored or even specific player performances. The number of markets is very big and football is a prime choice for betting on exchanges.
Horse Racing
Horse racing is one of the most interesting sports to bet on, because on some betting exchanges the lay option is available, which allows bettors to bet on a horse they believe will not finish first in a race. Events like the Kentucky Derby, the Grand National and the Cheltenham Festival attract million of bettors. Some betting exchanges offer unique opportunities in horse racing, as apart from laying horses, they can also use live betting and bet on horses during a race. The fast paced nature of horse racing and the variety of races available throughout the year make it an exciting betting sport.
Tennis
Tennis is one of the most popular sports to bet on with betting exchanges. Tournaments are taking place all year round and tennis matches often are lasting several hours. This makes tennis very popular choice for in-play betting because it offers many betting opportunities. Bettors can bet on individual sets, games or even specific points. Tennis is a sport that bettors find appealing to analyze and predict outcomes. Major tournaments like Wimbledon, French Open, the US Open and the Australian Open attract huge betting activity.
Cricket
Cricket is a sport that is very popular on betting exchanges, especially in countries like UK, Australia and India. It is one of the top sports to bet on because it offers various formats, including Test matches, One Day Internationals, and Twenty20. Each provides different betting markets and plenty of betting choices. Bettors can place bets on the match result, the number of runs and player performances. Cricket is a strategic sport and it is very unpredictable and this is why it is one of the most exciting sports to bet on.
Basketball
Basketball, particularly the NBA, is one of the top sports to bet on in betting exchanges. Basketball is a game where the action is fast and scoring is very frequent. This offers plenty of betting opportunities. Bettors can bet on the match result, the total points scored, or player statistics, like number of rebounds or assists. During the NBA playoffs basketball is very popular on betting exchanges. It is a sport with global reach which means that there are games to bet on almost every day of the year on both popular and niche markets.
American Football
American Football, especially the NFL, is also one of the most popular sports to bet on through betting exchanges. American football during the Super Bowl attracts a massive global audience, where betting activity reaches its peak. Bettors can place bets on various markets, including point spread, total points or player performances. American football is a very strategic game where coaching and matchups play a very important role and this aspect makes it very appealing to bettors who like analyzing games and statistics.
In Short
Betting exchanges offer a unique way to be involved with some of the most popular sports to bet on. Football, horse racing, tennis, cricket, basketball, and American Football are all top choices for bettors on these platforms. Each sport offers its own set of betting opportunities. Bettors looking to back a winner or lay an outcome, all these sports offer plenty of options to make smart bets and enjoy the thrill of the game.