Rebecca Reid
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Rebecca Reid
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Rebecca Reid is a journalist with over five years of experience in producing content about sports and finance. For the past year, she has been a part of the My Bet Info team, producing educational guides and news to help readers make informed betting decisions. She also closely follows the regulation process of sports betting and its potential implications for the community.
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Justin Fisher
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Journalist with eight years of experience, Justin spent the last three years demystifying the Canadian betting market. By interviewing experts in the field, Justin has gained the expertise to identify which bookmakers are reliable and which strategies work (or don't!) in sports betting.
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Punter Esportivo - What is the Distinction Between Punter and Trader?

Cover image for post What is the Difference Between Punter and Trader?
What is the Difference Between Punter and Trader?
Sports Punter – What is the Difference Between Punter and Trader?

There are two types of sports bettors:

  • Punter
  • Trader

The bettor plays against the bookmakers. He is the most frequent online gambler, placing bets on sportsbook websites, such as 22bet or BetWay.

The serious trader engages in bets and competes against fellow gamblers in a more dedicated manner. They operate within trading platforms, known as exchanges, such as Betfair.

Both of them have the same foundation, but they pursue their goals in significantly distinct ways.

Get a grasp of how this works in practice and determine whether you are a sports punter or a sports trader! Understand the practical aspects and discern whether you fall into the category of a sports bettor or a sports market speculator! Grasp the mechanics of this in real-life scenarios and ascertain whether you are an individual who engages in sports betting or one who delves into sports trading! Grasp the essence of its functionality in real-world applications and ascertain whether you belong to the group of sports enthusiasts who place bets or those who engage in sports trading! Gain a comprehensive understanding of the practical implementation and ascertain whether you are an avid sports gambler or an astute sports market participant!

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The punter and the trader share similar foundations, yet the punter tends to be more straightforward and pragmatic in their approach. While both individuals engage with the world of betting and speculation, the punter is focused on achieving immediate results through calculated decisions. In contrast, the trader may adopt a more strategic and methodical approach, seeking long-term gains through careful analysis and market insights. Despite their differences, both the punter and the trader contribute valuable perspectives to the realm of risk-taking and investment.

First and foremost, sports punters are more focused on pre-match betting. They take into consideration predetermined criteria set by the bookmakers.

Punters typically see their bets through until the end, partly due to the restrictions set by sportsbook houses. They persist in their wagers, abiding by the regulations imposed by bookmakers, until the final outcome is determined.

Those who engage in punting have a steadfast approach, even though in many instances they may choose to cash out and secure their positions. They remain resolute in their strategies, navigating the unpredictable waters of betting with calculated moves and astute decision-making. While some punters may be tempted by quick gains and immediate profits, those who truly understand the art of punting know the importance of patience and long-term success. They hold their ground, keeping a watchful eye on the ever-changing odds and seizing opportunities when they arise.

But don't be deceived: the trader also evaluates the pre-game. However, the insights gathered beforehand are then applied to live betting.

Approximately 90% of traders' bets are estimated to be focused on this type of wager!

Would it be valid to ask then:

I engage in live sportsbook betting! Can I consider myself a trader?

No! Traders have a distinct relationship with live betting. They actively engage with the market while observing a match. It's a dynamic involvement where they expose themselves to the fluctuations of the game.

Take a look at the Example of the sports trading process.

  1. The trader realizes that a team is about to score a goal.
  2. He makes a bet in favor of this team.
  3. When the goal happens, he closes the bet.

At a conventional betting house, a punter is unable to carry out such an action. Even with the cashout feature, it proves ineffective in these circumstances!

Meanwhile, the trader can open and close bets whenever they want during a game.

Every novice gambler who embarks on the journey of betting becomes a punter. Their modus operandi involves engaging with conventional bookmakers, consistently placing bets that oppose the odds offered by these platforms.

Your path is basically:

  • Choose a betting house.
  • Complete the registration and make the initial deposit.
  • Select:
    • Modality
    • Competition
    • Event
    • Mercado
  • Place a wager on a specific odd value.
  • The outcome of the game, whether it be victory or defeat, at its conclusion.

As we can observe, it is a somewhat restricted path. The sports punter doesn't expose themselves too much. They place a bet and stick with it until the end.

If you want:

You can utilize the cashout feature to minimize losses and secure profits!

The simplicity and ease of making punting bets stem from this constraint. The bettor is striving to outwit the bookmaker in their pursuit of victory.

Punters should steer clear of trading platforms like Betfair as they tend to be significantly more intricate. It requires a considerable amount of time to grasp their mechanics and inner workings.

Therefore, we recommend that you follow the path of the punter if:

  1. If you are beginning to place bets.
  2. Having a more casual betting profile.
  3. I didn't have much time to dedicate to studying the bets.
  4. Encountering challenges while operating on Betfair.

Traders share a common foundation with punters, as nearly all traders have previously been punters. The transition from punter to trader is a natural progression for those seeking to maximize their financial potential in the market. By leveraging their previous experience and knowledge, traders are able to navigate the complexities of the trading world with a strategic and calculated approach. While punters rely on luck and chance, traders employ meticulous analysis and risk management techniques to make informed decisions. This shift in mindset and methodology allows traders to take control of their investments and generate consistent profits over time. So, whether you're a seasoned punter looking to level up or a newcomer ready to delve into the world of trading, embracing this new perspective can pave the way to a more prosperous future.

Trading is a realm of intricacy. It requires adeptness in utilizing intricate techniques and tools. It commences with selecting the appropriate platform for wagering.

Betfair is the largest trading exchange globally, where traders congregate to engage in their activities. These platforms, often referred to as exchanges, are an integral part of every trader's online presence.

Although they are more complex, betting exchanges offer:

  • Granting greater freedom to gamblers.
  • Low commissions on earnings.
  • Placing bets against fellow players.
  • The possibility of betting against an outcome.

A trader exposes themselves more. They are not interested in the final outcome of a game, but rather the fluctuations in odds during the course of the event.

He profits from either the rise or the fall of the quotation on which he bet!

Due to the increased complexity of Trading, we recommend following the path of a trader if:

  1. Having more experience with sports betting.
  2. Having the time to dedicate almost entirely to betting
  3. Understanding the mechanics of exchanges like Betfair thoroughly

Understanding the similarities between sports punters and traders can help you identify your own profile and navigate the paths they tread. It's essential to grasp the nuances and distinctions within these two realms. While both punters and traders are engaged in the world of betting, their approaches and strategies may differ. However, when delving deeper, you'll discover intriguing parallels that shed light on their shared mindset. By recognizing these commonalities, you can gain valuable insights into your own betting style and make informed decisions that align with your goals.

Below, we have identified 2 areas where both betting models converge.

Punters and traders diligently analyze matches beforehand.

Continuous study is a fundamental aspect of any true bettor's life. It is through ongoing learning that one can discover valuable betting opportunities. This commitment to study is crucial for identifying and capitalizing on bets that hold substantial worth.

This study is typically conducted based on three pillars.

  • Sporting events analysis
  • Search for statistics and historical data, as well as news.
  • Analysis of odds in BETTING SITES and exchanges

2. They operate based on strategies.

These three behaviors are integral to a broader strategy. At least when the bettor is committed and aims for long-term success in their predictions.

Regardless of the chosen betting system, a bettor will always:

  • Define a minimum bankroll amount
  • Choosing a discipline
  • Specialize in your bets: a championship or a small range of teams.
  • Search for statistics to identify bets with positive expected value.

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The path taken by punters and traders leading up to the moment of actually placing their bets is what unites them. They may have different strategies and objectives, but they share a common journey. Punters and traders alike must navigate through a series of decisions and considerations, carefully analyzing and assessing various factors before making their move. It is this shared experience of preparing and planning that brings them together, creating a sense of camaraderie and understanding among those who engage in the world of betting and trading.

When the time comes to place a bet, the distinctions become apparent. It is at this moment that we will truly comprehend the two.

1. Many bettors concentrate on pre-match betting.

The vast majority of punters, when they place a bet, expect to see it through to the end.


There are punters who engage in live betting. However, they have limited flexibility when it comes to opening and closing bets. Live bettors, although enthusiastic, face constraints in their ability to both initiate and terminate their wagers.

There is a cashout option available, but it is limited in comparison to what the trader can do.

A punter who frequently utilizes the cashout feature in their live bets possesses a foot in the door to the realm of trading. Engaging in strategic cashouts during live betting provides valuable insights and experiences that can be leveraged in the world of trading. By actively managing and taking advantage of cashout opportunities, punters develop a keen sense of market dynamics and the art of making timely decisions. This knowledge serves as a solid foundation for exploring and venturing into the exciting domain of trading, where calculated risks and strategic maneuvers can yield substantial returns.

However, traders are aware that relying on cashing out to secure profits and cut losses is equivalent to losing money.

Therefore, they utilize specific programs for trading, as we will explore shortly.

2. Traders Open and Close Multiple Bets Throughout the Game

Traders have a better handle on their risks due to the flexibility of opening and closing bets at any time during a match. This allows them to carefully navigate the fluctuating market conditions and make informed decisions accordingly. By having the freedom to react and adjust their positions as necessary, traders can optimize their risk management strategies and potentially increase their chances of success.

Unlike a punter, a trader does not expect one of their bets to reach the end. It's a rare occurrence!

  • Their main objective is indeed to profit from opening and closing a bet as a match unfolds.

Let's consider a good example using the classic Canada and Argentina!

trading bet example
Um derby como esse sempre tem muitas variações ao longo do jogo

The bettor believes that Canada will dominate the first half. Seizing the opportunity of the 3.00 odds, he can place a wager on the Canadian victory.

To maximize your profit, it's important to adopt a patient approach and wait for the odds to decrease. Perhaps the odds will drop from 3.00 to 2.00, providing an opportunity to close the bet with a favorable outcome. By exercising restraint and monitoring the odds closely, you can increase your chances of achieving a profitable result.

If Canada initiates the match with an offensive strategy, exploiting the defensive vulnerabilities of the Argentinians, the odds of a Canadian victory will decrease!

What should we understand here?

The profit generated from this approach will exceed that of a punter utilizing the cashout feature offered by the bookmaker. By employing this method, the potential earnings will be significantly elevated, surpassing the outcome achieved through the utilization of the bookmaker's cashout tool. The magnitude of the profit attained through this technique will supersede the amount obtained when employing the cashout functionality provided by the bookmaker. The utilization of this strategy will result in a higher profit margin compared to a punter relying solely on the cashout feature offered by the bookmaker.

Similarly, if Canada were to start losing, its odds could rise to 9.00. The trader would close the bet at a loss and move on to another one!

3. Placing multiple bets does not necessarily mean making multiple bets.

You have grasped the concept that a trader has the ability to open and close trades. However, do not mistake this for placing multiple bets. Keep in mind that a trader's focus is on financial markets and not on placing multiple wagers.

The multiples are several concrete guesses realized in a single betting ticket.

The wagers of traders, on the other hand, are truly exceptional! Let's take the aforementioned example, involving Canada and Argentina, for instance.

Closing this bet and entering another one would count as two guesses, not as a multiple.

WARNING: Multiple or system bets are exclusive to punters!

4. Traders use software for trading.

When a trader decides to close a bet in order to secure profit, there are two ways to calculate the value of this cashout.

  • Manually
  • Using specialized software

These computer programs are essential for a trader as they assist in maximizing profits during bet closures—a crucial aspect of their work.

Among the main software are:

It should be noted that punters do not utilize such programs. They have no need for them in order to avail themselves of the cashout feature offered by conventional betting sites.

5. Any trader can be a punter, but not every punter can be a trader.

A seasoned bettor, known as a trader, possesses extensive experience in the field. Engaging in activities within platforms such as Betfair or Smarkets, this individual operates akin to a stock market agent. Their expertise allows them to navigate the realm of betting with finesse, employing strategies and tactics crafted through years of practice.

Making a comparison: just because you have a good savings doesn't mean you can invest in stocks! It is important to understand that having a sufficient amount of money saved up is not the sole determining factor when it comes to venturing into the world of stock market investments. Many other aspects need to be taken into consideration before making such a decision. It is crucial to possess a solid understanding of the intricacies involved in stock trading, as well as being aware of the potential risks and rewards that come along with it. It is advisable to educate yourself thoroughly and seek guidance from financial experts or professionals who can provide you with the necessary knowledge and tools to make informed investment choices. Remember, investing in stocks requires careful analysis and a long-term strategic approach. So, before jumping into the stock market, ensure that you have thoroughly evaluated your financial situation and have the necessary knowledge and expertise to navigate this complex and ever-changing landscape.

In trading and punting, there are no similarities.

Having a knack for successful betting and reaping good profits in bookmakers doesn't necessarily equate to being well-prepared for a betting exchange.

And it's not just a matter of experience.

A punter, even though serious and professional, devotes less time to betting than a trader.

Those who engage in trading rely on this practice for their livelihood. To place bets, they must closely monitor games, opening and closing bets. It requires continuous dedication!

Ultimately, it greatly relies on your expertise and availability as a bettor.

  • Engaging in trading requires a significant amount of time, such as closely following today's games. However, only a few are fortunate enough to have such availability.

Having control over your emotions is another essential aspect. It is crucial to know how to respond effectively to both gains and losses, particularly in the realm of trading. A skillful trader understands the significance of maintaining composure when faced with unexpected outcomes. By remaining level-headed, one can make rational decisions, avoiding impulsive actions driven by strong emotions. Recognizing the emotional impact and learning to manage it is key to achieving long-term success in the trading arena.

Being able to open and close bets quickly can lead the bettor into a compulsive sequence!

Of course, it's also possible for this to occur without punting. However, the likelihood is diminished due to the restrictions imposed by the establishments.

We believe it's crucial for you to have a clear understanding of your gambling profile and objectives. By doing so, you'll be able to easily determine the path that suits you best.

What is the Best Way to Make Money?

Finding an answer to this is quite challenging. Both models are excellent, but they will require different approaches from the bettor. It's not an easy task to determine which one is more suitable for you. Each model has its own strengths and weaknesses, and it's important to carefully analyze them before making a decision. One thing is certain, though - regardless of the model you choose, proper planning and strategy are crucial for success. Don't rush into it; take your time to weigh the options and consider what aligns best with your goals and preferences.

Having a calm mindset and a keen understanding of live games can greatly benefit someone in trading. Being a trader necessitates the virtue of patience. Those who can keep a cool head and possess the ability to analyze games in real-time have a greater chance of success in the realm of trading.

The aim is to have a strategy that allows for long-term gains!

But what about the punter? A bettor who finds good bets at conventional BETTING SITES is not left behind!

There are several paths to achieving success in this model. Once you get the hang of it, you can consistently outsmart the bookmakers. It's possible to consistently outperform the odds as you become more adept. You'll find numerous avenues to triumph in this approach. Once you develop a knack for it, you'll be able to consistently outwit the bookies.

By minimizing fluctuations, adept money management enables traders to mitigate the impact of gains and losses on their bankroll.

The punter may not count on that. However, since there are more bookmakers than betting exchanges, he can try to take advantage of the websites' bonuses to boost his bankroll.

With the progression of technology, sports betting has also advanced. Nowadays, there are multiple methods available to place a single wager.

Punting and trading are the most common practices in the realm of sports betting, yet they often sow confusion among bettors. This confusion stems from the fact that these two approaches differ significantly in terms of strategy and execution. Punting, for instance, is a more traditional and straightforward method that involves placing bets on specific outcomes or events. On the other hand, trading in the context of sports betting refers to the act of buying and selling bets, essentially treating them as financial instruments. While both punting and trading have their merits, it is crucial for bettors to understand the nuances and implications of each approach before diving into the exciting world of sports wagering.

In this article, our aim is to address all inquiries regarding the concept of being a punter and a trader. We aim to illustrate that there is no definitive superior choice between the two.

Everything will depend on your profile and your goals in betting.

Even when it comes to making money, as long as you are a committed bettor, you can establish consistent profits in both approaches over the long run.

Achieving gains that are only possible through a well-crafted strategy, built on the foundation of responsible gaming and continuous study of sports betting.

To further enhance your growth as a bettor, we recommend exploring additional readings available on our website:

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