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Gambling in running on live sports events |
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The Best Exchanges
Betting Exchange Guide Contents
The Big Players
There are now a few betting exchanges operating in this market. Most of the betting exchanges have the same look and feel and once
you know your way around one you will find the rest a doddle. The main betting exchanges are currently (in no particular order):
Betting Exchanges ComparedThere are a couple of factors that have the most bearing on your usage of a betting exchange liquidity and commission on winnings. Liquidity
Betfair has been around for the longest as and as a result they have gained a so called "first mover advantage". This means they
were able to accumulate a customer base before the other betting exchanges arrived on the scene. This provides a huge benefit to
them. The more customers the betting exchange has the more trades that will be placed on each market, this is refered to as
liquidity.
Commission Rates
As we mentioned above, the Betfair exchange has been around the longest out of the major betting exchanges and as a result they have accumulated
arguably the largest customer base. Also as mentioned above, Betfair know that this large customer base makes their markets very
liquid. What they also know is that this will often make them the first choice betting exchange (all other things being equal).
Consequently they do also have slightly higher commission rates than the other betting exchanges. People don't normally like to pay
more for a product than they have to, but they are prepared to accept the higher commission rate for better liquidity.
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Placing a bet during a live event to hedge risk, guarantee profits, exploit market movements and have fun. |