With the World's financial markets enduring a period of uncertainty many financial traders are now turning their attention to the betting exchanges such as Betfair and Betdaq lured by the lucrative opportunities that arise on a daily basis from trading on many different sports and a variety of events and individual betting markets.
This was illustrated by the 2008 Wimbledon Men's Tennis final where an astonishing 50 million GBP was matched the vast majority of this amount was believed to have been conducted by traders and this was only on one match.
While the costs of fuel and energy continue to rise sites like Betfair are going from strength to strength and while some of their members may use it recreationally there are a growing number of users who are deadly serious about making money from trading on the site just as they would in a vibrant financial market.
Old favourites football and horse racing are as popular as ever but it is the sports such as Tennis and Cricket that are proving to be the favoured sports to trade profitably on which is due to their own unique scoring systems and how that then affects the market additionally there are no annoying market suspensions that are always encountered during trading of in-play soccer matches so trading is fluent and without interruption.
With the Tennis season spanning eleven months of the year and overseas Cricket tours taking place during the winter months the opportunities to trade on these sports are endless while the birth of Twenty20 Cricket looks set to provide even more opportunities as the shortest form of the game is enjoying massive popularity worldwide which is reflected by huge betting interest and this is set to increase further still.
Despite the uncertain economic climate the betting exchanges look set to enjoy continued growth regardless as the new breed of traders fine tune their methods and even part time traders use them as a way of supplementing their income.
If you would like more details on how to profitably trade Tennis on the betting exchanges please visit: http://www.tennistradingsystem.com
The author is an experienced sports journalist and has a keen interest in sports betting and financial trading you can see some of his work at: http://www.footballbettingprofits.com
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