A betting exchange is diverse from a conventional bookmaker in one significant way. The betting exchange earned less popularity on sports betting. But the passionate punters prefer betting exchange compared to traditional bookmakers. Betting exchange charges little commission fees. In the case of betting exchange, players do not place bets but completely rely upon the other players. it offers good odds compared to other bookmakers. Here we are going to discuss some famous betting exchange sites in the world.
How does betting exchange works?
When a player places a bet, he does it against any player or market maker. That indicates that while you placing a bet, it will be better compared to a regular bookie. They perform such as stock exchange disclosing stakes of punters that may be positive or negative about an event.
Betfair
This site was established in the year 2000. Andrew Black and Edward Wray founded this site collectively. Since its foundation, it has become a giant company in the UK. This site offers a big market to its players. Punters find this site very user-friendly. It can be said that it is one of the stable exchange sites in the betting industry.
SPREADEX
This platform offers you a new type of sports betting ad finances. This site mainly concentrates on sports. But this platform gives an igaming entertainment like casino games and fixed odds betting. This site gives its players various types of exciting bonuses. This site offers the new players a welcome bonus of up to rupees 28490. This site offers free bets, matched bets along with referring and earn program.
Royal Panda
Casino players like this site very much. This site was founded in the year 2007. It delivers amazing sports betting services to its all players. Generous promotions, special types of bets, high odds are the main attractions of this site. This site concerns about the safety issue of its players and for this, they use current SSL encryption technology to keep safe and secure its players. It offers almost 2300 types of sports such as cricket, ice hockey, tennis, basketball, football to its players.
MATCHBOOK
On this site, players can place their first bet within 7 days after opening an account. If the player can not win the first bet, MATCHBOOK will return your deposit. the players can be refunded within 3 days.
Spin sports
This is one of the best sportsbook companies in the world. This Malta-based company offers a wide range of sports such as tennis, baseball, cricket, darts, MMA, cycling, hockey, motor racing, horse racing, and many others. The Indian players find this very exciting as it offers an alluring welcome bonus to them. The players can access esports and virtual sports if they want to participate in virtual events.
SMARKETS
UK citizens find this site as one of the best betting exchanges for them. At present, the customers have to pay 2 5 commissions on all types of winning bets. But the professional players are charged a 1 5 commission rate if they can place more than 1500 bets every month.