Betting exchanges; though a slow online gambling market, has grown and has become one of the favorites for both the beginners and the professionals a-like involved in online gambling. It is important to understand the decimal odds system which is used at most online betting exchanges due to its popularity world-wide. In our betting exchange corner you will find some of what we believe to be the top/best online betting exchange websites currently available to you. Though the list is small we are sure you will find it most rewarding in finding out which betting exchange has the best odds and the best volume to get a proper bet in. Our list is always growing and if you feel that there is a betting exchange that should be included here, let us know and we will review it and have a reply to you within 2 weeks.
Betfair Betfair offers you the largest peer-to-peer (p2p) betting online (Back or lay). When you "back" a selection (be it an individual, a team, horse, dog or other), you are betting that it will win. This is just like betting with a conventional bookmaker. When you "lay" it, you are betting against it winning. For example, if you're betting in a market on which team is going to win the Premiership and you lay Man Utd, then if they win you pay out. This is what bookmakers traditionally do. If you are a UK registered customer you are betting through the UK exchange, which means that your bets are being matched by other Betfair customers. In this case, although Betfair knows who is on each side of every bet matched, you never know who you are betting against, as it may be a number of people matching your one bet. If you are registered with Betfair from outside the UK you are betting directly against Betfair rather than other Betfair customers , but in all cases your privacy and the confidentiality of your bets is maintained by Betfair's secure site. If you want better odds than are currently available, you can place an order for a better price, but bear in mind that if your price is unrealistic your bet is unlikely to be accepted.
BETDAQ BETDAQ is the trading name of Global Betting Exchange, registered in Ireland. Global Betting Exchange (The company) was founded in 2000 by leading Irish businessman Dermot Desmond. Global Betting Exchange commenced trading in September 2001 as a result of the growing trend in P2P (person to person) business models such as ebay and market-led consumer demand for competitive prices (odds) on sports betting. The company operates a number of sports betting exchanges and brokerages around the world to provide its partners with effective pricing mechanisms for global sports wagering and risk-free revenues. The exchange uses state-of the-art proprietary software, developed with a number of partners, and is fully protected by copyright in the European Union.
BETDAQ takes pride in its security and customer privacy. At BETDAQ All customer funds are held in ring-fenced accounts and are further secured by a US$ 10 million bond which has been placed with Allied Irish Banks plc. When you deposit money, your card details are fully encrypted, and are not stored by BETDAQ unless you specifically request the facility.
WBX World Bet Exchange (WBX) is a person-to-person betting exchange based in Notting Hill Gate, London in the United Kingdom, and licensed and regulated by the UK Gambling Commission where punters can trade bets with each other on the world’s major sporting, political and entertainment events. WBX.com was founded in 2002 by Malcolm Gray but did not officially launch until November, 25th, 2006.
All prices found at WBX have been set exclusively by our Members using money they have already deposited with us to place their bets. This means that WBX has no financial exposure whatsoever on the bets placed on our website. WBX Boasts its Technology and Security advancements by stating; "WBX is the most technologically advanced betting platform ever brought to exchange betting." "WBX’s bet exchange was written and developed as an independent custom-made technological solution..." "This protected data is held at COLT, a secure unit where many major national and international banks also safeguard their servers..."
Betsson The Betsson Group is a Swedish gambling Group with over 40 years in the business. The Betsson Group is specialized in Internet gambling and has 150 employees. Betsson offers a wide range of first-class online gambling products and games in a safe and user-friendly gaming environment.
Betsson’s product portfolio currently includes: Sportsbook, Betting Exchange, Casino, Poker, Games, Scratchcards, Bingo and Trader, Sportsbook, Betting Exchange, Casino, Scratch Cards, Games, Turkish Poker and Bingo are operated by Betsson Malta Limited, a company in the Betsson Group, under a licence granted by the Malta’s Lotteries and Gaming Authority.
PaddyPower Paddy Power is Ireland's biggest and most successful bookmaker. Paddy Power operates both a retail and an online/telephone division. Paddy Power, founded in 1988 by the merger of three existing Irish high street bookmakers, takes an unconventional approach to betting and gaming believing them to be firmly rooted in the leisure and entertainment space.
Paddy Power's retail division operates a chain of licensed betting offices located throughout Ireland and in the UK; with a total of 258 retail outlets as of October 31st 2008 (190 in Ireland, 8 in Northern Ireland and 60 in the UK). Their online/telephone division operates Ireland's largest telephone Sportsbook (Paddy Power Dial-a-Bet) as well as the following online businesses: online sportsbook (paddypower.com), mobile sportsbook (paddypowermobile.com), casino (paddypowercasino.com), games (paddypowergames.com), poker (paddypowerpoker.com), bingo (paddypowerbingo.com), and the most recent addition, financial spread betting (paddypowertrader.com).