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Not so long ago, you’d have had to be a full-time gambler to be able to trade bets. Of course, anyone can have a bet on any sporting event or fixture such as a horse race or the recent boxing match between Mayweather and Pacquiao, but when you’re used to placing a couple of bets a month, the thought of trading bets – where you’re effectively placing and laying (accepting) multiple bets every day – seemed like something that would take up far too much time if you have other commitments in life such as a job or a family.

With a betting app, you don’t need to devote lots of time to bet trading

Now, though, all that has changed, thanks to the development of lots of different betting apps which run using live data from big betting exchanges, such as Betfair. With a bet trading app, such as Geek’s Toy or Traderline, bet trading has become really easy to manage.

A bet trading app allows you to place bets in multiple markets and features of the likes of one-click betting mean that you can get bets on faster than other exchange users. That means you stay one step (or more) ahead of other people and always secure the best possible odds. Using an app, you can simply set your criteria and let the app run your betting for you.

Most betting apps have been designed for use on a PC screen, so that you can have a clear view of multiple markets at once. For instance, you may have bets running in tennis, golf and horse racing all at the same time, and not want to be switching between screens all the time.

Whatever sport is your favourite, you can trade bets in any sport

For people who like to take their betting app with them to the races, the pub, or the football match, there are several apps that have been developed for use on iPhone and Android. For example, Bet-Droid gives users a choice between a basic or ladder interface. The ladder gives full market depth for every odds outcome. You can also use the apps’ advanced tools, such as the Market Dutcher, where you can back numerous selections in one market for a fixed price.

All the apps come with the option of switching to simulation mode, so if you’re a novice bet trader you can try out different betting systems or follow a tipster without putting any real money down. Then, when you’re confident in your betting strategy, you can switch to placing real bets at any stage. So, if you want to have a go at bet trading, downloading one of the many apps is the way to go.

[Image credit: stevendepolo]