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.
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Thread: Bet Exchanges?
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01-29-2015, 02:24 AM #1
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07-28-2015, 06:00 AM #2
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Betting exchanges facilitate person to person betting. It allows you to be the bookmaker and lay bets.
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09-07-2015, 05:45 AM #3
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is it something like affiliate ?
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02-03-2016, 08:33 AM #4
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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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02-11-2016, 10:07 AM #5
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It allow users to back and lay bets and Cash Out, and give opportunity to bet as a bookmaker.
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07-26-2016, 03:31 AM #6
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A betting exchange is a market for customers to bet on the product of discrete events. Betting exchanges offer the same opportunities to bet as a bookmaker with a few differences.
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