Betting Exchanges
What are Betting Exchanges?
Betting Exchange users get more choice - to back or lay, to take the odds or ask for better!
Online betting exchanges offer a new and exciting place to bet, where you’ll find the odds are on average 20% better than those offered by a traditional bookmaker. It’s a market place where you can bet against other punters, not against a bookie, so the odds are almost always better as there is no bookmaker adding in their profit margin.
All the bets on exchange betting sites have been placed there by users who either want to have a bet in the normal way (back), or offer odds to other punters (lay). Bets are matched between people with opposing views.
Benefits of Betting Exchanges
- You can bet that an outcome will happen (back) or that it won't happen (lay).
- You can choose the odds you want to play at
- You can bet whilst the game is in play.
There are two major UK betting exchanges that we recommend and they are....
Betfair
Betfair is the world's largest sports betting exchange. Betfair claims that their odds are on average 20% better than those offered by traditional bookmakers.
DEPOSITS
Minimum deposit at Betfair is £25 or currency equivalent. Use your Visa, Mastercard, Electron, Solo, Delta, Maestro, Laser (Ireland), Switch PayPal (UK only), Neteller, Moneybookers, BT Click&Buy, MoneyTT, MoneyWorld, 8-Pay, Western Union, Bank Transfers or mailed Personal Cheques.
Visit Betfair
Betdaq
Established in 2001, BETDAQ is now a betting exchange world leader. BETDAQ is fast becoming the number one alternative to Betfair. The website uses a state of the art betting interface that rivals all others.
DEPOSITS
New members may deposit funds as soon as they have completed the simple membership registration process.
There are no charges made for any deposits using Switch or Visa Debit UK and Laser Irish Debit Cards. This is the easiest method of depositing and withdrawing funds. Members using this method may deposit up to £5,000 per day.
Members who choose to deposit via Credit Card will have to pay a small sum to cover the cost of the Credit Card transaction. Members may also deposit by cheque and / or Bank Transfer.
Visit BETDAQ