（１）Log into World Bet Exchange
After entering your User ID and Password, click “Go” to log in.
（２）Select the game/match that you would like to bet on
In this example, we will show you how to place a bet on an English Premier League soccer game. First, click on “Markets” if the list of sports does not show on the left-hand side of the screen. Then click “Soccer”.
After clicking on “Soccer”, click on “Premier League”.
（３）Sportsbook View: Select your bet type
World Bet Exchange offers two different betting menu views (Sportsbook View and Exchange view). For how to place a bet in the Sportsbook View, please refer to #3-4. For how to place a bet in the Exchange View, please refer to #5-6.
One of the easiest to understand bet types is “Match Odds” (also known as Money Line or Full Time Result). A Match Odds bet means you pick which team you think will either win or tie. In our example above, we have three choices by either picking 1 – Home) Man Utd to win, 2 – Away) Swansea to win or X – Draw) Man Utd to tie Swansea. In this example, we will pick Man Utd to win, therefore we will click on the odds 1.37.
※ Note the date and time of the match in the left-hand side of the screen. To check which time zone setting you have by default, please go to “Region Settings” in the upper right-hand side of the screen.
If you wish to change the time zone shown for the games/matches, please click on the time and select your preferred time zone from the drop down box. Lastly, click “Save”.
（４）Sportsbook View: Enter your bet amount
After clicking the odds that you would like to place a bet on, your bet selection will show under “Place Bets” located on the right-hand side of the screen.
Once you enter your stake (the amount of money that you would like to bet) and adjust the odds, the amount of profit that you would win on the bet is shown automatically above the “Submit” button.
Once you are satisfied with the stake and odds, click the “Submit” button to submit your bet(s) to the exchange for a fellow bettor to view and accept.
Using the same example, if you were to adjust the odds and keep the stake the same as before, you will notice that the amount of profit that you are able to win from the bet will be re-calculated and shown above the “Submit” button.
Once you are satisfied with the stake and odds, click the “Submit” button to submit your bet(s) to the exchange for a fellow bettor to view and accept.
（５）Exchange View: Select your bet type
One of the easiest to understand bet types is “Match Odds” (also known as Money Line or Full Time Result). A Match Odds bet means you pick which team you think will either 1) win, 2) tie, 3) not win or 4) not tie. In our example above, we have the following six bet choices:
1 (Blue) – Home) Man Utd to win
1 (Yellow) – Home) Man Utd to not win ※ a Swansea win or a tie would equal a winning bet
2 (Blue) – Away) Swansea to win
2 (Yellow) – Away) Swansea to not win ※ a Man Utd win or a tie would equal a winning bet
X (Blue) – Man Utd to tie Swansea
X (Yellow) – Man Utd to not tie Swansea ※ a Man Utd win or a Swansea win would equal a winning bet
In this example we will pick Man Utd to not win, therefore we will click on the odds 1.4.
（６）Exchange View: Enter your bet amount
After clicking the odds that you would like to place a bet on, your bet selection will show under “Place Bets” located on the right-hand side of the screen.
Once you enter in the stake for a fellow bettor (the amount of money that you would like a fellow bettor to bet), the amount of risk that you would be responsible for, known as liability, will be shown automatically above the “Submit” button ($0.41 in this case).
If you were to win your bet (in other words, the opposing bettor would lose his/her bet), $1 would be your profit and a total of $1.41 would be returned to you. ※ Note that the $1.41 amount does not include World Bet Exchange’s commission (from 1.2% to 5% depending on the game/match and bet frequency) that would be assessed on your $1 profit.
If you were to lose the bet (in other words the opposing bettor wins the bet), you would lose your liability ($0.41 in this example) to the opposing bettor. ※ Note that World Bet Exchange does not assess a commission on losing bets.
Once you are finished adjusting the odds and the stake, click on the “Submit” button to submit your bet(s) to the exchange for a fellow bettor to view and accept.
Using the same example, if you would like to have your payout (stake + profit) already calculated for you as opposed to calculating it yourself, select “Payout” instead of “Liability” and then adjust the stake and odds accordingly. Your payout will be shown automatically above the “Submit” button.
