bet 365 header

Betting Exchanges

[kkstarratings]

 

Are you a sportsbook or betting exchange kind of bettor? Do you prefer to place your bets against the bookie itself? Or do you enjoy the unpredictability like many other betting exchange bettors do? Whichever one you choose, you can find the solution with the best broker in the market. Get yourself an account and don’t miss the best odds any longer!

A betting exchange is a platform where you have to play against other bettors instead of the platform itself. You place your bet and your bet can be matched by another player. There are two different bets you can place on an exchange platform: Lay bet and back bet. You can trade in real-time throughout the event and pay a small commission on your winnings. You may find higher odds on betting exchanges due to the non-existent profit margin of the bookie.

As there is no central bookmaker with a betting exchange, there are many advantages available to bettors. One of the main advantages which attracts customers to betting exchanges, is the increased market prices available. Prices on market selections are generally a little more generous, because the profit margin of the bookmaker is not there to take a cut of the profit. So this means that you can find higher odds than at the normal bookie in many circumstances. How the betting exchange takes its cut, is by having punters pay a small commission on their winnings. But this is generally smaller than the cost of taking lower market prices in order to cover traditional bookmakers odds. The most famous betting exchange has been Betfair so far.

There are some new up-and-coming betting exchanges trying to make a name for themselves on the market these days. The Best Betting Exchange is one of them. It offers the same odds and the same liquidity as Betfair while not having the notorious PREMIUM charge of Betfair. Another option could be Turf7, which mainly focuses on horse and greyhound racing while providing a more specialized experience to its players.

If you are one of those bettors who prefer betting exchanges to sportsbook, we strongly urge you to check out the best broker, BET-IBC! There is something for every player!