On a Sportsbook, you don't worry about other players. You bet, and the bookie accepts it (up to a limit).
On an Exchange like Boro Jeet, you need Liquidity.
What is Liquidity?
Liquidity is simply money. It is the total amount of money that other users have put up to Back or Lay a selection.
- High Liquidity: IPL Final. Millions of dollars are available. You can bet $10,000 instantly.
- Low Liquidity: Bangladesh 3rd Division Cricket. Maybe only $50 is available.
How to Check Liquidity
On the Boro Jeet Exchange interface, look closely at the numbers underneath the odds.
- Odds: 1.95
- Amount underneath: 54,300
This means there is 54,300 BDT available to be bet at odds of 1.95.
If you want to bet 100,000 BDT, only the first 54,300 will be matched instantly. The rest will wait.
The "Unmatched" Bet
If you place a bet bigger than the available liquidity, the remainder becomes "Unmatched".
It sits in the market, waiting for another player to come along and take it.
- Strategy: If you are betting big, stick to big leagues (IPL, BPL, World Cup).
- Patience: In fast-moving markets, unmatched bets often get taken quickly.
Conclusion
Before you place a large bet on the Exchange, always glance at the liquidity number under the odds.
It tells you if your bet will be accepted instantly or if you'll have to wait.
Ready for active trading? Learn how to trade ball-by-ball in our Trading a T20 Match guide.
