Betting exchanges
Betting exchanges provide a platform to bet against each other. Users of a betting exchange can make their own odds as a result of supply and demand for different odds for sport events. A bet will only be accepted if it matches the bet of another person. It can be seen as a stock exchange for bets (peer-to-peer gambling) where a broker (e.g. betfair) is influencing the market.
Particularities of betting exchanges:
- up to 20% higher odds compaired to competing sportsbook
- peer-to-peer betting – being the bookmaker yourself
- bet against others – not against a betting company
- betting against an outcome (LAY-Bet)
- betting on the outcome of an event (Back-Bet)
- many LIVE in-play bets with faster changes of the odds and more attractiveness
- nearly no limitations in stake (highstakers and highrollers wanted)
Find more details about recommended betting exchanges here:
Betfair |
Betsson |