Discover another way to bet (and win): Exchange Betting

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Sports betting is not just about betting on the victory of a team or the odds of an event occurring during a game. Over time, the world of betting has evolved and there are now different ways to bet. One of the newest is Exchange Betting which is gaining more and more ground. So what do you need to know about this new sports betting technique?

What is Exchange Betting really?

To begin with, Exchange Betting is a sports betting platform where tipsters can exchange bets anonymously. Also known as "trading exchange", it is a form of betting that excludes the intervention of the bookmaker in the sports betting activities. The system works exactly like the financial markets with the only difference being that instead of shares, the odds of sporting events are traded.

Players, with the Exchange Betting system, take care of setting the odds for their bets themselves. Thus, the mechanism works such that a bettor A sets the odds for a given event. Another bettor B can choose to bet for or against the event rated by bettor A by setting odds as well.

Thus, from a first point of view, with Exchange Betting, bettors do not bet against the house; rather, they challenge each other. On a second point of view, the odds related to the different bets to be made are set autonomously by the bettors themselves. Finally, with Exchange Betting, a player can choose to bet on whether a team will win or not, the odds of an event happening or not happening in a sports match.

What are the advantages of Exchange Betting for bettors?

Exchange Betting is revolutionizing the world of sports betting by offering a new betting system to the community. Among the many advantages that can be gained is the superior value of the betting odds. With the sports betting exchange, it is the tipsters who play the role of the bookmaker by setting the odds themselves. One reason for this is that the commissions received by the sports betting providers are not taken into account with exchange betting.

On the other hand, with the sports betting exchange, a 5% commission is taken from the winning bettor's winnings. This is a real advantage as when you bet with an ordinary betting provider, the commission is not only high, but on average 10%. On the other hand, the commission, at the Exchange Betting level, is deducted only from the winning tipster's winnings.

On another point of view, Exchange Betting allows you to bet while having access to large volumes of cash. Indeed, with a large majority of bookmakers, a certain limit is set regarding the amount of money to be bet on sports betting. With Exchange Betting, the reality is quite different, because the bettors have the possibility to bet as they wish without any restriction.

Are there any risks to betting with Exchange Betting?

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Exchange Betting is a form of sports betting with a lot of advantages. Nevertheless, it is essential to be aware of its few limitations in order to access it without fearing any unpleasant surprises. So, first of all, since the sports betting exchange excludes the intervention of the bookmaker, it is essential that each bettor can find a bet that meets his predictions to bet. In other words, with Exchange Betting, you can't bet if no bettor wants to exchange his bet with you.

Furthermore, with Exchange Betting, it is not possible to combine several bets at the same time. A bettor can only exchange one bet with his opponent. This can quickly change the habits of bettors who bet on several events in order to benefit from high odds. And even then, it should be remembered that Exchange Betting is already a guarantee of good odds, so the risk is worth it!

How to access the Exchange Betting system?

Taking part in the Exchange Betting market is very easy! All you have to do is register with a sports betting broker. This is a professional who will take care of betting for you according to your instructions. For example, if you want to bet against Real Madrid winning, you need to let the broker know. The broker, in turn, will find a bettor who has the opposite prediction, and will then initiate the challenge. The advantage of entrusting your sports betting activities to a broker, is that he is the main expert able to give you access to Exchange Betting platforms like Betfair and Matchbook. However, for more efficiency in the process, it is essential that you pass your betting instructions in time.

The best brokers:

N°1

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