A betting exchange is where you can bet against another person with no bookmaker involved.You can choose what odds to take or offer and on average you will get better odds than at the bookies.
Betdaq – Bet or Lay horses currently with no commission payable, this is being waived as an introductoy offer for the UK market. Gradually growing and as a result more trading and better odds.
Betfair – The most established betting exchange, very popular and lots of betting liquidiity. You do have to pay commission but you only pay that on your net winnings. They have an extensive horse racing section and offer 4 different types of betting: Odds, Line, Range & Handicap.
GGbet – Commission rate of 5% on offer, although it does suffer from a lack of activity at times on the market. Nicely laid out easy to use site.
Sporting Options – UK based betting exchange, they offer commission rates of 3%,2% and 1% depending on your betting turnover, commission is only charged on net winnings. Good amount of betting liquidity and a few interesting features such as ‘Be the bookie’.
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