If you are looking for a platform to bet on sporting events in Pakistan, you might want to check out Betpro. Betpro is a peer-to-peer betting exchange that allows you to bet against other enthusiasts rather than against a bookmaker.
You can choose to back or lay any outcome, meaning you can bet on an event to happen or not to happen. Betpro offers a variety of sports and markets, as well as competitive odds and low commissions.
In this article, we will explore some of the features and benefits of Betpro, as well as some tips and strategies to help you make the most of your betting experience.
What is Betpro?
Betpro is an online platform that facilitates sports betting in Pakistan. It was launched in 2019 and is operated by Betpro Exchange Limited, a company registered in Malta. Betpro is licensed and regulated by the Malta Gaming Authority, which ensures that it complies with high standards of security, fairness, and responsible gaming. Betpro is also a member of the International Betting Integrity Association, which monitors and reports any suspicious betting activity across the globe.
How does Betpro work?
Betpro works differently from traditional sportsbooks, where you place bets against the odds set by the bookmaker. Instead, Betpro acts as a marketplace, where you can bet against other users who have opposite views on the outcome of a sporting event.
For example, if you think that Pakistan will win a cricket match, you can back Pakistan at the odds offered by another user who thinks that Pakistan will lose. Alternatively, you can lay Pakistan, meaning you bet that Pakistan will not win, and accept the bets of other users who back Pakistan.
Betpro allows you to set your own odds and stake, as well as to accept or reject the offers of other users. You can also request a bet, meaning you ask for a specific outcome at a specific price, and wait for someone to match your bet.
Betpro charges a commission of 2% on your net winnings for each market, which is lower than most sportsbooks. Betpro also offers live betting, where you can place bets during the event, as well as cash out, where you can close your position before the event ends and lock in a profit or minimize a loss.
What are the advantages of Betpro?
Betpro has several advantages over traditional sportsbooks, such as:
• More choice and flexibility:
You can bet on any outcome you want, at the odds you want, and with the stake you want. You can also create your own markets and request bets that are not available elsewhere.
• Better odds and value:
You can often find better odds on Betpro than on other sportsbooks, as you are betting against other users who may have different opinions and expectations.
You can also take advantage of price movements and market inefficiencies, as well as arbitrage opportunities, where you can bet on both sides of a market and guarantee a profit regardless of the outcome.
• Lower margins and commissions:
Betpro charges a commission of 2% on your net winnings, which is lower than the average margin of 5-10% that most sportsbooks charge. This means that you can keep more of your winnings and have a higher return on investment.
• Transparency and fairness:
Betpro is regulated by the Malta Gaming Authority, which ensures that it operates in a safe and secure manner. Betpro also uses a third-party escrow service, which holds the funds of both parties until the outcome of the event is settled.
This way, you can be sure that you will get paid if you win, and that you will not lose more than you stake if you lose.
How to sign up and deposit on Betpro?
To sign up on Betpro, you need to visit their website and click on the “Join Now” button. You will be asked to provide some basic information, such as your name, email, phone number, and password.
You will also need to verify your identity and address by uploading a copy of your national ID card, passport, or driver’s license, as well as a utility bill or bank statement.
This is a standard procedure that is required by the Malta Gaming Authority and the anti-money laundering laws. To deposit on Betpro, you need to log in to your account and click on the “Deposit” button.
You will be able to choose from various payment methods, such as credit cards, debit cards, e-wallets, bank transfers, and cryptocurrencies. The minimum deposit amount is $10, and the maximum deposit amount depends on the payment method you choose.
Betpro does not charge any fees for deposits, but you may incur some fees from your payment provider.
How to place bets and withdraw on Betpro?
To place bets on Betpro, you need to log in to your account and browse the available sports and markets. You can use the search function or the filters to find the event you want to bet on.
You will see the odds and the liquidity for each outcome, as well as the option to back or lay. You can click on the odds you want to bet on, and enter the stake you want to wager.
You will see the potential payout or liability for your bet, as well as the commission you will pay if you win. You can confirm your bet by clicking on the “Place Bet” button, or cancel it by clicking on the “X” button.
To withdraw on Betpro, you need to log in to your account and click on the “Withdraw” button. You will be able to choose from the same payment methods you used to deposit, and enter the amount you want to withdraw.
The minimum withdrawal amount is $10, and the maximum withdrawal amount depends on the payment method you choose. Betpro does not charge any fees for withdrawals, but you may incur some fees from your payment provider.
The withdrawal process may take up to 24 hours, depending on the verification and security checks.
What are some tips and strategies for Betpro?
Here are some tips and strategies to help you improve your betting skills and results on Betpro:
• Do your research:
Before placing any bets, you should do your homework and gather as much information as possible about the event, the teams, the players, the form, the injuries, the motivation, the weather, and any other relevant factors.
You should also compare the odds and the markets across different sportsbooks and betting exchanges, and look for the best value and opportunities.
• Manage your bankroll:
You should have a set budget for your betting activities, and stick to it. You should also have a staking plan, which determines how much you bet on each outcome, based on your confidence level and the expected value.
You should never bet more than you can afford to lose, and never chase your losses or bet with your emotions.
• Be selective and disciplined:
You should not bet on every event or market that you see, but only on those that you have a strong opinion and an edge on. You should also be disciplined and follow your betting strategy, and avoid making impulsive or irrational bets.
You should also keep track of your bets and results, and analyze your performance and mistakes.
• Use the features and tools:
Betpro offers various features and tools that can enhance your betting experience and results, such as live betting, cash out, request a bet, and bet builder.
You should learn how to use these features and tools effectively, and take advantage of them when appropriate.
For example, you can use live betting to bet on events as they unfold, and adjust your bets according to the changing circumstances.
You can use cash out to secure a profit or minimize a loss before the event ends, and lock in your position. You can use request a bet to create your own custom bets, and bet on specific scenarios or combinations.
You can use bet builder to combine multiple bets into one, and increase your potential payout.
Conclusion
Betpro is a great platform for sports betting in Pakistan, as it offers a peer-to-peer betting exchange that allows you to bet against other users rather than against a bookmaker.
You can enjoy more choice and flexibility, better odds and value, lower margins and commissions, and transparency and fairness. You can also access a variety of sports and markets, as well as features and tools, such as live betting, cash out, request a bet, and bet builder.
To sign up and deposit on Betpro, you need to provide some personal and financial information, and verify your identity and address. To place bets and withdraw on Betpro, you need to browse the available events and markets, and choose to back or lay any outcome.
To improve your betting skills and results on Betpro, you need to do your research, manage your bankroll, be selective and disciplined, and use the features and tools.
If you are ready to start your betting journey on Betpro, you can visit their website and claim their welcome bonus of up to $100. Happy betting!
FAQs
What is the difference between backing and laying on Betpro?
Backing is betting on an outcome to happen, while laying is betting on an outcome not to happen. For example, if you back Pakistan to win a cricket match, you are betting that Pakistan will win.
If you lay Pakistan to win, you are betting that Pakistan will not win, meaning they will either lose or draw.
How can I contact Betpro customer support?
You can contact Betpro customer support via email, phone, live chat, or social media. You can find their contact details on their website, under the “Help” section.
Betpro customer support is available 24/7, and they can assist you with any questions or issues you may have.
Is Betpro safe and secure?
Yes, Betpro is safe and secure, as it is licensed and regulated by the Malta Gaming Authority, which ensures that it complies with high standards of security, fairness, and responsible gaming.
Betpro also uses a third-party escrow service, which holds the funds of both parties