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  2. Aug 1, 2019 · The Betfair Exchange is the world's largest sports betting exchange. It follows the model of a stock exchange, but replacing share trading with betting odds on events in the world of sport, politics and entertainment. On any betting market, there are two sides of the bet.

  3. A betting exchange allows members to bet against each other rather than a bookmaker. Customers can offer odds to, or request odds from, fellow bettors.

  4. Betfair’s Betting Exchange lets you bet against other people and get great odds on thousands of markets every day. Best Odds Bet In-Play Cash Out. Join Betfair Now »

  5. New to the Betfair Exchange or need a refresher on the basics? Take a look at our guides on the key features including placing back and lay bets, decimal odds and reading the betting screen.

  6. How does the Betfair Exchange work? Starting with the basics of how the Betfair Exchange works, users are best classified in two categories, ‘Backers’ and ‘Layers’, with both required to create or ‘match’ a bet. To clarify what is meant by these two terms, we’ll run through a short example.

  7. Jan 26, 2023 · The market-leading betting exchange is the Betfair Exchange. It is the oldest exchange, having been formed in 2001 following a merger between two early online exchanges.

  8. Our Betting Exchange is the first platform ever built to allow for customers to bet against one another rather than betting against a bookie. To make things easier there are a number of things that are good to understand about the Exchange before you place your bet.

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