the difference between exchange betting and bookmaking

What’s the difference between Exchange Betting and a bookmaker?

Exchange betting is a new branch of sports betting. As opposed to a bookmaker, it offers a greater variety of features and gambling options. The system is similar to using the stock exchange or bitcoin. The main difference in comparison to traditional bets is that it’s the punters who select the odds. For that reason, the law of supply and demand is rigorously applied. This wagering innovation standardizes bets and odds and allows new kinds of gamblers to emerge. Through trading, it is now possible to sell odds. Gamblers contact each other and negotiate among themselves.

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outils à assimiler pour parier en Exchange Betting

What tools are required for wagering on exchange betting sites?

In order to be able to register on popular platforms like Betfair and Matchbook, some basic exchange betting tools must first be mastered. Both fans and novices in the sports betting sector will have to follow these steps if they want to survive without losing a fortune. As opposed to traditional betting, in this set-up, the odds depend on the generosity of bettors. Therefore, trading techniques are applicable for these kinds of bets. Similar to the law of supply and demand, it is also possible to buy and sell odds.

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