Market Maker vs Market Taker: Should Bettors Use Exchanges or Traditional Books?

[Klaus]

Pinnacle closing line value standard metric for sharp bettors.

They don't limit winners. Accept large bets. Use winners to sharpen their lines.

Business model: be sharpest book, attract sharp money, set market standard.

 

[oli_sussex]

Pinnacle unique among traditional books. Operates more like exchange philosophy.

Accept all action, charge higher juice, use market to set prices.

 

[TaffyTipster]

Can't use Pinnacle in the UK though.

We've got Betfair which is almost as good.

And loads of shite bookies that limit you to a tenner if you win twice.

 

[DublinDegen]

i just use paddy power and bet365... are those bad... should i be using something else...

 

[oli_sussex]

Paddy Power fine for recreational betting. Will limit you if you win consistently.

Bet365 similar. Good for casuals, bad for serious bettors.