Ultimate Guide to Online Betting Exchanges | |
This thorough guide covers all you need to know about betting exchanges, including operational methods, benefits, and tactics for getting started. Keep reading to learn more! A betting exchange is something of a middleman between punters, meaning that unlike the usual business where people bet against the bookmaker, they are betting against real people on the betting exchange. Besides, as a rule, the exchange works as a middleman that performs the necessary operations with bets and takes a percentage from the winning ones. It also provides a rather dynamic betting experience, which could prove to afford the bettors better conditions for their bets. Betting exchanges operate on the basis of commission that they charge on net winnings for every market. This is how they generate their revenues as they are not in the same league as the normal bookmakers when it comes to risks. | |
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