Betting Exchanges

Many of the people who bet online prefer doing it on the so-called Betting Exchanges. You can take a look at the best sports exchanges in the following ranking list:

Bonus
€130
Betting Exchange
18+ T&C apply | begambleaware.org | gamstop.co.uk | Play Responsibly
Bonus
£20
Betting Exchange
18+. New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply. | begambleaware.org | gamstop.co.uk
Bonus
€100
Betting Exchange
New customer offer. Place 5 x €10 or more bets to receive €20 in free bets. Repeat up to 5 times to receive maximum €100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. Payment restrictions apply. T&Cs apply.
Bonus
8.75 BTC
Betting Exchange
18+ T&C apply | begambleaware.org | gamstop.co.uk | Play Responsibly
Bonus
£20
Betting Exchange
Deposit at least £10 to claim £20 free bet credit. Winnings from free bet credit paid into cash balance, minus the free bet credit amount. Match condition for the first three Bet Request received. Any losses from first three Bet Requests covered by free bet credit up to a maximum of £20 in total. | 18+T&C apply | begambleaware.org | gamstop.co.uk |
Bonus
-
Betting Exchange
18+ T&C apply | begambleaware.org | gamstop.co.uk | Play Responsibly
Bonus
£75
Betting Exchange
New Spreads clients get £75 (non-withdrawable) to Spread bet with. Keep what you win. Any losses over £75 are your liability. Market restrictions & 7-day time limit applies. Account opening subject to suitability checks. Spread betting involves risk. Losses can exceed deposits | 18+ T&C apply | begambleaware.org | gamstop.co.uk | Play Responsibly
Bonus
€50
Betting Exchange
18+ T&C apply | begambleaware.org | gamstop.co.uk | Play Responsibly

What are the sports betting exchanges?

The sports betting exchanges are platforms in which players have the opportunity to bet against each other. By doing this, they exclude the role of the bookmaker, and they themselves have the option to take on this role. In this case, the bookmaker’s winnings are coming from a small commission that’s taken from every winning bet. If your bet loses, you won’t pay anything. However, if it wins, a part of it will go for the bookie.

When it comes down to the sports exchanges, you can take the role of a bookmaker or an ordinary bettor. The platform gives you the opportunity to offer odds for a certain market – “BACK” or to meet a certain bet – “LAY”. In other words, you have the opportunity to make a bet “FOR” a given event to happen and a bet “AGAINST”, meaning that the event won’t happen.

Every user in the sports betting exchange has the opportunity to offer odds. Thus, you can find a lot higher odds in these betting exchanges in comparison with the same markets within online bookmakers that have fixed odds. It’s important to note that all odds have to be matched by another player so that both bets can be active. That’s how the sports betting exchanges work in general. The fact that they are unlike regular betting sites and that they offer more flexibility when it comes down to the odds makes these sports betting exchanges appealing to punters.


Are the bookmakers’ exchanges licensed?

Yes, of course, the sports betting exchanges are licensed by the gambling authorities. At the very least, they would want to have a licence so that they can appear as trustworthy to their players. In some cases, the sports betting exchanges are a part of the bookmaker’s portfolio with options. This means that they offer a betting exchange, as well as the standard odds market on the same website. In this scenario, the company needs just one licence for both products.

There are exchanges on the internet that offer individual systems in which players can trade bets. They are also subject to licensing, and either local or international regulators issue them.


How to choose a suitable betting exchange?

The sports betting exchanges are relatively unknown for a lot of online bettors. That’s because not all of them understand their purpose and how they work. If you decide to try out a sports exchange, it’s a good idea to pay attention to the following:

Available betting markets

We advise you to look for sports betting exchanges that offer multiple betting options. This will allow you to diversify your prediction and not just bet on the most popular events and major markets.

Live betting opportunity

It’s good if the sports exchange offers the option to place live bets. It’s definitely worth choosing a website that supports in-play wagers.

Stable platform

It’s important to pay attention to the odds trading platform and how reliable it is. You should try to learn what other people think about the exchange by reading real players’ reviews.

Number of players

It’s crucial to find a betting exchange with a large number of players. This increases the chance of the odds you suggest to be matched by someone.

Low commission

Another important factor when choosing sports betting exchange is the low commission. After all, this is a key factor when it comes down to your profit. If the platform is taking a significant fee from your bet, it’s probably not worth placing them there, so you should find a different website. The lower the commission rate, the bigger your winnings.

Choose an already established brand

We advise you to choose brands that have already made a name for themselves in the sports betting exchange business. You can find them in the list above.


FAQ

Who determines the odds in the sports betting exchanges?

Will my sports betting exchange account be limited?

Why do these platforms have fees on the winning in the exchange?

Compare bookmakers
Meet with other gamblers! Become a regular at Nostabet.com and reap the benefits of being a part of our community. Thus, you will always be the first one to know of any new bonuses and promotions available for players from your country. Find out which the best betting sites are for your secure gameplay experience. More info on available sports and casino mobile apps that will enable you to enjoy betting sessions on the go!
Support & Contact Details The team of Nostrabet.com has made sure to include all important contact details in all bookmakers’ reviews we have featured on our site. Still, if you would rather ask us directly for advice, help or have any feedback, feel welcomed to drop us a line. Write us an email and expect a speedy answer from one of our expert punters.
Bookmakers Ratings It is here that bettors can read unbiased players’ reviews of the most popular online bookmakers. Besides that, feel free to post your own comments after experiencing the betting services of the operator. Don’t leave before the chance to give a fair bookmaker rating based the reputation of the brand.