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What is a Betting Exchange?

What Is a Betting Exchange?

The house always wins when you aren’t the one controlling the odds. But when your arsenal of betting options includes the ability to buy, sell, or trade outcomes, locking in a profit isn’t a far-fetched prospect. Enter betting exchanges. Right about now, those who are new to the betting scene are probably asking themselves: what is a betting exchange? In a nutshell, a betting exchange is a marketplace where bettors can make wagers against each other instead of the bookie. The platforms charge a small commission fee while enabling the punters to back or lay their bets. Here’s everything you need to know.

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