Yup, Betfair makes LOTS of money. Google it. It rawks.
Yup, Betfair makes LOTS of money. Google it. It rawks.
A betting exchange is an entity which provides trading facilities for retail or bookmaker customers to buy and sell contracts. These contracts are structured as binary options where the payoff is either some fixed amount of money or nothing at all, dependent on the outcome of a future event.
There are various reasons for avoiding bet exchange like:
You may get better odds with a betting exchange, traditional bookmakers offer better bonus and offers.
A betting exchange is an entity which provides trading facilities for retail or bookmaker customers to buy and sell contracts. I don't think it is existing todays any more.
Betting exchanges facilitate person to person betting. It allows you to be the bookmaker and lay bets.
is it something like affiliate ?![]()
no, it's not an affiliate. Unlike an affiliate who doesn't make loses, in bet exchange game you lose if the bettor beats you. The best way to explain a betting exchange is that you are playing other players, you can lay the bets(in this way you are the bookie). personally Never liked this system.
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