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© 2021 All rights reserved. Yes, but it’s not very long, there are only five. Smarkets, Betfair, BetDaq, Matchbook, and Ladbrokes betting exchange. These betting exchange sites all have varying commission rates applied to winnings and differing extra features. Smarkets for example are tied for the lowest commissions applied while also allowing for spread betting on their platform and has the widest list of countries accepted of all these UK Betting Exchanges. What matters the most is that all these platforms are licensed and regulated by an official regulatory body, meaning you don’t have to worry about illegal operations and scams. All sites featured on this page are safe and secure, protecting you and your funds with cutting-edge technologies. Rating Of course, you can’t lay bets as a bookie as you need to be regulated, but through a betting exchange, it is structured as a lay bet so you can win from losing. The major betting exchanges are all regulated by the relevant gambling commission rates and have strong financial backing. You should never place or lay bets on an exchange that is not regulated or financially backed. Matchbook was founded in 2004 but only really grew in popularity after a group of investors acquired it in 2011. Their aim was to increase the liquidity to compete with Betfair in their existing markets. The commission rate is small if you approve an existing bid in a sector, at just 1.5 percent, and 0.75 percent if you post a bid. This is awesome. Matchbook claims to have “the biggest amount of assets available in US sports” It covers NFL, NBA, NHL, and MLB.
It is interesting to note that Ladbrokes has been around for over a century. It began in 1886 with commissions at Ladbroke Hall for trained horses. A few years later, Ladbrokes moved to London where his gambling headquarters was built, enabling us to enjoy his internationally renowned gambling operations. Newly enrolled consumers are getting £20 in free bets and a £5 stake in sports. The £20 bonus amount will be split into four £5 tranches so you can use them instantly. You’ll have 7 days to make use of the free bets. If you haven’t joined the best betting exchange, you are missing out on a lot of fun. It is an exciting and profitable activity that allows you to place your bets and win money. You may even make some money if you choose to use your skills to help handicap a particular team or bet on a sporting event. The best thing about betting exchanges (even more so than the better odds) is that you can bet against a losing outcome. This could be a horse not winning or a football match not scoring enough goals. You do this by laying bets on the best betting exchange, which means you are essentially acting as the bookie accepting bets from people. Get started with BetDaq here One important thing to take into account is that every betting exchange has a welcome bonus. They mainly exist to attract new players to the platform and give them a head start for making their first bet. All in all, welcome bonuses of all kinds are great, as it’s always a great feeling to receive a gift as a new user.
Betdaq – £25 no lose a bet Get Started with Smarkets here Founded in 2008 Matchbook is one of the fastest-growing betting exchanges. Because of its more international approach, there is often better liquidity on major events. Customers can also bet in the majority of major currencies including USD. Read Matchbook betting exchange reviews. Betting Exchanges are wonderful things. They add a competitive edge to gambling that you just don’t get with traditional bookies. The best betting exchanges have fantastic liquidity on all the major and most of the minor markets that enable you to bet against other gamblers, not the house. The house takes a commission on winnings so the odds are always better. Because betting exchanges don’t make more money when you lose the welcome offers are not as good as fixed-odds betting sites, but they still have some good incentives for new players to open an account. Many betting exchanges don’t leave their users without additional bonuses once they spend their welcome bonus. What’s more, every site has a section where regular users can check out for new promotions. These can be virtually anything, but there are several types of regular promos that stand out from the crowd.