The fastest growing sector of the online gambling industry today is undoubtedly betting exchanges and person to person betting. Unlike traditional bookmakers, betting exchanges such as Betfair and Betdaq do not offer their own sport betting.
Their approach, although simple, is nothing short of revolutionary - they provide a site which matches customers wishing to offer their own prices with those looking to place a bet. When you place a bet you are in fact betting with another punter.
Online betting exchange Betfair is the one of the largest betting sites in the World. Open an account with Betfair, make a series of bets totalling £25 and they will put a £25 free bet into your account.
Open an account with Betfair by clicking here | Betfair Review
Betting on exchanges over a bookmaker such as VCBet is advantageous for several reasons. The most important is that the betting available can be as much as 20% better than a bookmaker. This is mainly due to the fact that most users do not incorporate a profit margin into their prices like a major bookmaker does.
As the number of users has increased on such sites so has the amount of betting opportunities available and you can often find special betting which is unique to person to person betting sites.
Betting appears earlier, stays on the site longer (in-running horse racing is one example) and once many users experience what Betfair or Betdaq offers they usually become frequent visitors.
The biggest selling point for a betting exchange though is simply that they allow any user to become a bookmaker themselves. In being able to offer your own prices you can begin to make money when other people lose.
If you don't fancy a certain team or horse - you can offer a price on them to get beat and make money if you are right.Although at first the sites may seem daunting and contain a lot of new features, after a few minutes using a betting exchange such as Betfair they become great fun. Basically using such sites is as follows:
Though you can offer your own prices much like a bookmaker you don't run the risk of being hammered on bad results. You can set your own maximum payouts and once this amount is reached no more money comes out of your account.
When you offer a price you are asked what you are willing to lay so you can manage your liability quick and easily. For example if you offer a price on an event at 10/1 and your only prepared to lose a maximum of £500 no more bets will be taken after you have had your first £50 matched. You define your own payouts!
Headline News
| Man City V Bolton Betting Has It For City Wanderers Only Given Long Odds To Win | |
| Arsenal V Liverpool Latest Betting News Reveal Gunners Favourites Last Chance Saloon For Wenge And His Boys | |
| Premier League Darts Odds Has Phil The Power Taylor Huge Favourite First Night Betting Preview | |
| Mickelson Heads ATT ProAm Pebble Beach Golf Betting Harrington Leads Strong European Challenge | |
| Kalahari King The Mover In Queen Mother Betting Market Ferdy Murphy's Doncaster Winner Now 3rd Favourite In Champion Chase Odds |
Irish bookmaker Paddypower offer up to a £100 free bet per new account.
Open Account - Free £100 Bet With Paddypower
Free £25 worth of free bets with Ladbrokes, the largest bookmaker in the UK.
Open Account - Claim £25 Free With Ladbrokes
Irish bookmaker Boylesports are now offering a free £20 bet on their online betting service
Open Account - Free £20 Bet With Boylesports
£25 free bet with William Hill.
Open Account - Claim £25 Free With William Hill
Up to £125 worth of free bets with Victor Chandler.
Open Account - Claim £125 Free With VCBet
Up to £200 worth of free bets with Bet365.
Open Account - Claim £200 Free With Bet365
Bookmaker Totesport offers an impressive £60 in free bets for all new registrations.
Open Account - Claim Free £60 Bets At Totesport
Those looking for some online casino entertainment ought to check out all the latest UK Casino Sign Up offers from the top operators including 32Red and many of the sports betting casinos.
There is excellent information, should you be interested in playing online blackjack, roulette, the best progressives or slots - Online Casino Betting with the best introductory offers
Bookmark This Page