What is a Betting Exchange & What are the Pros & Cons of Using a Betting Exchange?

When we think about traditional Sports Betting, we think about a wager between a bookmaker and a sports bettor. There are, however, alternatives to the traditional betting-system, one of them being a Betting Exchange. This gives the bettor the option to function as a bookmaker, and instead of choosing the team you think will win, you can choose the team (or draw) you think will not win. This video will explain exactly how betting exchanges work and the pros and cons of using one compared to a bookmaker.

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