What are the benefits of using a betting exchange over a bookmakers?
You can bet that
an event will happen (back) or wont happen (lay)
You can specify
the odds you want, and dont have to take the odds
on offer.
You can back
or lay whilst the race or game is in play
Betfair will
never close your account if you win too much! In fact they
love customers who win as you pay a commission on your total
profit.
There is no limit too how much money you put on a horse
With Betfair, you can usually get 20% better odds than a bookmakers, the only downside is that you pay upto 5% commission on your total profit.
Make sure you read our Betting exchange tutorials
If you dont already have a Betfair account, sign up for one now and claim a FREE £20 bet, then follow our betting exchange tutorials to make some FREE money!
Other Betting Exchanges
It is a good idea to sign up with other Betting exchanges also, sometimes you will get a better price on one exchange than another and with Betdaq, you dont pay commission.
Betfair
Betfair is the market leader of Betting exchanges,
they offer 20% better odds than the bookmakers. You pay between 2%-5%
commission on you profit., this commission rate decreases the more
bets you make.
Betdaq
Very similar to Betfair, although Betdaq doesn't
yet have the liquidity in the market. Commission is lower at 3%. Betdaq
is the 2nd biggest betting exchange.
GGBet
Commission rate of 5% is reduced to 1% as more
bets are placed.
Tradesports
Tradesports cover mostly American racing. They
have a sign up bonus where you deposit $50 and get a FREE $50 bet.
Back
And Lay
Very new Betting exchange. 1% commission although
there is no liquidity in the market at present.
iBetX
FREE £20 bonus for new customers. 1%-3%
commission. Covers all major events, including US and UK horse racing.
Trading
Sports
New Trading site with many different Betting
exchanges for different sports.
Bet
Mart
Created by 30 UK and Irish bookmakers to combat
the domination of Betfair.
Above
All Odds
Get
Inside The Mind Of A Professional Gambler. Get your free e-book and
learn the secrets of success.
Sure
Bet Plan
2 Week free trial, New tipster service
with a very high strike rate from place bets.
Sports
Trading Workstation
This
software will soon replace the betfair interface. You can do so much
with it, its like having an expert helping you trade!
Value
Horse Method
Simply
the best Horse Racing ebook on sale
You'll find some big priced winners with this method.
Bet-IE
A
new type of betfair interface, giving you the ability to dutch on
upto 16 different horses in each race. FREE 7 day trial.
Football
Cash Generator
Learn how how to trade and make money
by betting on live football matches.
Betting
Bots
Secure betting profits, Automatic software for automating
your betting profits.