Betting Exchanges

You know all about fixed odds… right? Perhaps you like to take five selections from the weekly football coupon, or maybe you have a telephone account that allows you to choose the first scorer. The latest addition to the gaming industry is exchange betting, which allows the punter to bet against fellow individuals via online sites such as Betfair.

The idea is a simple one: these sites gain a bookmakers permit and create a platform that allows you to offer odds or to other users, or, place a bet in the usual manner. The key difference is that the operator of the exchange does not offer odds, instead relying on its users to create markets.

Visit Betfair for Exchange Betting