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Topic: Betting exchange

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In the News (Fri 24 May 19)

  betting exchange - BlogHoster   (Site not responding. Last check: 2007-11-02)
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www.blogspoint.com /index.php?u=zbettingexchange   (1547 words)

 online betting exchange - BlogHoster   (Site not responding. Last check: 2007-11-02)
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www.blogspoint.com /index.php?u=monlinebettingexchange   (1884 words)

 Bet exchange - Wikipedia, the free encyclopedia
As with other types of exchanges, betting exchanges thrive on liquidity and customers tend to focus on the exchange where they are confident their bet can be paired up with a matching counterbet.
Exchanges counter that, while corruption is possible on any gambling platform, the bookies' arguments are motivated not by concern for the integrity of sport but by commercial interests.
Exchanges also assert they are well aware of who their customers are and some have signed agreements with governing bodies of sport including the Jockey Club, with whom they insist they will co-operate with fully if the latter suspects corruption to have taken place.
en.wikipedia.org /wiki/Bet_exchange   (847 words)

The ‘exchanges’ are becoming increasingly popular, and are matching more and more of punters’ money every month as more people sign up and realise the benefits that they offer — not least the fact that it is a chance for normal folk to act as the bookmaker.
Betting Exchanges are basically a tool to bring punters together to bet against each other.
The betting exchanges consistently offer the punter a bigger price about their fancy than the high street bookmakers, and offer the extra advantage that you can ask for a better price than is on offer, and hope that someone will come in and match your request.
www.readabet.com /index.php/exchanges/article/2723   (890 words)

 Betfair - Betting Exchange - best odds with the No. 1 online sports betting exchange
Betting exchanges have become popular as they allow bettors to bet against other punters.
Betfair is the world’s number one betting exchange and offer odds that are on average 20% better than traditional bookmakers, who usually offer fixed odds.
A betting exchange bet could work like this: say you wish to oppose Michael Schumacher at the Monaco GP and the exchange shows a back price of 2.98 and a lay price of 3.0.
betting.betfair.com /betting-exchange.html   (507 words)

 An overview of exchange betting online in the UK.
Exchanges have becoming increasingly easy to use and are growing in stature, much to the chagrin of the high street bookmakers such as William Hill and Ladbrokes, who believe that users should have to apply for bookmakers' permits from the government if they want to offer odds to other users.
If you win a bet, the exchange operator takes a commission - typically as much as 5%, though this diminishes as the amount of wagering conducted through the site increases - but if you lose, there is no charge.
The thrill of exchange betting is that you are up against hoardes of other wily punters, each trying to out-manoeuvre each other to have their bets accepted, or, to place bets at the best possible odds.
www.myodds.co.uk /gambling-articles/overview-exchange-betting.html   (502 words)

 BBC SPORT | Other Sport... | Horse Racing | A fair exchange?   (Site not responding. Last check: 2007-11-02)
Betting exchanges are under scrutiny by MPs, keen to protect punters and improve the integrity of sports betting.
Racing bosses are concerned that betting exchanges represent a threat to the integrity of the sport, something other groups including European football's rulers Uefa are worried about too.
Rob Hartnett, a spokesman for betting exchange Betdaq, highlighted the ability to provide a paper trail of the activities of members.
news.bbc.co.uk /sport2/hi/other_sports/horse_racing/4062763.stm   (393 words)

 Betting Exchanges - A case study in disintermediation.   (Site not responding. Last check: 2007-11-02)
At the forefront of the revolution has been betting exchanges; trading systems which facilitate person to person betting, allowing traders to either play or lay on a wide range of sports betting markets, whilst at the same time removing "traditional" bookmakers, and their inflated margins, from the equation.
Betting exchanges will be subject to the same restrictions as other betting operators on the production of information to the Commission and there will also be a full anti-money laundering regime put in place around them.
Users of both betting exchanges are to be asked to accept an agreement, which will see them surrender their legally enshrined right to privacy in the event of an investigation by the Jockey Club; which is, under law, a "private" body with no statutory mandate.
www.bettingmarket.com /bettingexchanges.htm   (5551 words)

 Yahoo Betting Guide - Yahoo! Partners With Betfair
Betfair, a well-regarded, privately-owned company, popularized the concept of "exchange betting", which is a form of wagering using internet technology to enable bettors to set the odds on a bet rather than accepting the odds or lines posted by traditional bookmakers.
Exchange betting is somewhat akin to reserving airline flights or hotel rooms through one of the "name your own price" service on the Internet.
Betting is continues the Betfair policy of excluding US residents.
www.y-betting.com   (226 words)

 Betfair Betting Exchange
All bets on betting exchange have been placed there by users who either want to have a bet in the normal way (back), or offer odds to other punters (lay).
Your betting exchange is set according to how much you use betting exchange.
The Sporting Exchange Limited was founded in August 1999 by Andrew Black and Edward Wray in order to commercialise proprietary betting technology that had been under development for the preceding year.
www.bookmakers1.com /bettingexchange.html   (670 words)

 Betting Exchanges   (Site not responding. Last check: 2007-11-02)
Betting exchanges are a growing phenomenon and are here to stay.
The Betting Exchanges Compared section will guide you through the differences between the betting exchanges and help you to decide which betting exchanges are best for you.
All the latest betting exchange news relevant to the betting exchange industry can be found in our news section.
www.betexchange.com   (322 words)

 channel4.com   (Site not responding. Last check: 2007-11-02)
Betting Exchanges have had a fundamental effect on every facet of the way gambling takes place on horses.
Exchanges are merely adding in that other side of the transaction that has always existed but has been the domain of the bookmaker.
Betting exchanges are a purer way for punters to do business because the price of a horse is the medium between what people are prepared to back it at and what people are prepared to lay it at, without the inbuilt expenses that traditional bookmakers have to factor in.
www.channel4.com /sport/microsites/R/racing/guide2racing/betting_guide_exchanges.html   (283 words)

 BackAndLay - The 1% Commission Betting Exchange
Betting Exchanges have taken the United Kingdom (and parts of the rest of the world) by storm since the originals, Flutter and Betfair, launched in 1999.
Formerly a racing and sports betting journalist here in the UK, I joined Flutter in the autumn of 2000, was instrumental in their move to a betting exchange platform and their attaining of the 30% market share which facilitated the brokering of their merger with Betfair at the end of 2001.
But, in any case, with betting exchanges being essentially low-margin businesses, the minimalist strategy appealed to me anyway, so we went for it, and, two years alter we're still going for it.
www.puntingace.com /bettingguide/backandlay.htm   (893 words)

 Betting Exchanges - Racingbetter.co.uk
Betfair is a betting exchange not a traditional bookmaker.
All bets on Betfair have been placed there by users who want to have a bet in the normal way (back), or "be the bookmaker" and offer odds to other punters (lay).
BETDAQ users benefit from the significantly better odds that this style of betting generates, from greater choice in how they bet, and from greater freedom in the ability to trade in and out of a bet right up until an event is decided.
www.racingbetter.co.uk /betting_exchanges/index.html   (260 words)

 Betting Exchanges green lighted by UK Government
On the subject of betting exchanges, they have rejected the proposals put forward by the Joint Committee on the Draft Gambling Bill that layers on the betting exchanges should be required to register for integrity purposes, levy payments and, perhaps, additional taxation.
All exchange users, and not just a subset, should be properly identified and registered by exchanges (regardless of how much or little they use the exchange, or the amount they win on it).
The Government is not persuaded that the current law should be amended to bring exchange users within the scope of the horserace betting levy arrangements, bearing in mind the proposed abolition of those arrangements in the Horserace Betting and Olympic Lottery Bill.
www.bettingmarket.com /exchange88.htm   (722 words)

 Betting Exchange - What is P2P Peer to Peer Betting?
So, the parties to the bet are the two bettors rather than the bettor and the bookmaker in the traditional form of sports wagering.
Traditionally "straight" bets made with bookmakers carry a charge, or commission, of 10% paid when the bettor loses.
In exchange betting, companies like Betfair charge a maximum of 5% of the net win.
www.y-betting.com /exchange   (280 words)

 Discover the Secrets of Making Money on Betting Exchanges
As mention above, you are betting exchanges allow you to bet with another punter and as such, one punter is playing the role of the bookmaker which is known as 'laying'.
Exchange betting is quite different to betting with a bookmaker or with a tote.
You are betting with another person, you have to factor in commission, you have to know how to lay effectively, and you have to know all the little tricks and techniques that only really come from hundreds of hours of experience.
www.bettingexchangesecrets.com   (2802 words)

 W W W . B E T T I N G A D V I C E . C O M
To place bets on a bet exchange has become quite popular, due to the fact that you bet against other punters, not against a bookmaker.
A betting exchange, like Betfair, is a company who do not accept bets themselves, but they do instead offer the facilities for other punters to place bets with eachother.
Most betting exchanges operate to around a 101 per cent book on most high-profile events, which compares favourably to a typical 105-110 per cent overround when comparing the best prices on fixed-odds firms on most football matches.
www.bettingadvice.com /showInfo.php?id=18   (1676 words)

 7.30 Report - 03/11/2005: Lennon approves betting exchange
EMMA ALBERICI: And therein lies the controversy with betting exchanges.
He's convinced betting exchanges bring the sport into disrepute because of one indisputable fact - it's much easier to get a horse to lose than it is to make it win.
Charges of controversy to defraud the betting industry are expected to be laid against some of the 26 jockeys, trainers and punters arrested last year over claims they manipulated the results of 100 races over 18 months.
www.abc.net.au /7.30/content/2005/s1497390.htm   (1606 words)

 Betting exchange reviews to place person to person bets
If you have questions like, what is an online betting exchange, and how does a betting exchange work,then have a read of the first few links in the menu on the left and you will soon see the advantages an online betting exchange has over a traditional bookmaker.
This site will guide you through the advantages of using a betting exchange, what all the terms mean, and there aren't that many, and recommended betting exchanges.
An online betting exchange is merely a facilitator of the old style "you wanna bet" line that occurs daily in offices, pubs and bars around the world.
www.setyourodds.com   (817 words)

 Betting Exchange Trading
"Betting Xchange Trader Method" is an ebook that takes you through the step by step processes of backing and laying on the exchanges, including examples of Betfair races to help explain the method.
Sports betting service aimed at trading on the betting exchanges - locking in free bets in the ante post markets as well as advising daily bets.
Betting software that uses the Betfair API to monitor UK horse races and automatically place bets for you, based upon their specific formula.
www.racing-index.com /exchange-trading.html   (595 words)

 Betting Exchange and Betfair
Exchange Betting hopes to tell you a little bit about the online phenomenon that is Betfair.com, and how they have changed the world of betting forever.
This type of betting site is known as a betting exchange, of which Betfair is the world leader.
If exchange betting is not for you that maybe you are interested in one of these Online Casino sites some of the Best Online Casinos are listed here.
www.exchange-betting.net   (463 words)

 The Virtual FormGuide - Bill Saunders - The Bookie-IP Project - Victoria's Betting Exchange
In fact, the substantive change involving betting exchanges wrought by the legislation was the creation of the new criminal offence of displaying race fields in Victoria without permission from the racing authority involved.
In order to make sure exchanges were covered by this law they had to be defined and surprisingly they were defined so broadly that even a bookmaker fielding at the races is now running a betting exchange according to Victorian law.
The government's idea of a betting exchange is the Bookie-IP project, a joint venture between Racing Victoria and the Victorian Bookmakers Association, which seeks to allow exchange like internet betting with a difference.
www.virtualformguide.com /cgi-bin/tvf/displaynewsitem.pl?20060127bookieip.txt   (606 words)

 USATODAY.com - Online bookie-free exchange upsets betting world   (Site not responding. Last check: 2007-11-02)
Although betting exchanges account for no more than 4% of this market, they claim to appeal to people who bet with their heads and not their hearts.
In contrast, devotees of betting exchanges look at the true chances of winning, and place much bigger bets, he said.
Although betting exchanges pay the same taxes as bookmakers, Stevens of Coral Eurobet says some exchange customers are functioning as bookmakers and should also be taxed.
www.usatoday.com /tech/news/2003-11-03-online-betting_x.htm   (1001 words)

 Betfit | Online sports betting exchange | Bet on football & basketball | Fixed odds   (Site not responding. Last check: 2007-11-02)
A bet exchange or p2p (player to player) exchange is a fairly recent Internet phenomenon, and is used to describe a web site acting as a broker between parties for the placement of bets.
The concept is similar to that of a stock exchange or a currency exchange, where in this case the commodity being traded is a bet, rather than a stock or currency.
Gamblers whose betting activities have traditionally been restricted by bookmakers (normally for winning too much money) have found these sites a boon since they are now able to place bets of unrestricted size, providing always of course that there is someone available to match them.
www.betfit.com /en/content.asp?section=about   (557 words)

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