What Are Bet Exchanges?
Betting exchanges are Internet sites that allow you to bet direct with other people without the need for a bookmaker (sometimes known as person to person betting) they will however deduct a small percentage out of your profit each time you win (generally 5% or less). These sites give you the ability to bet that a horse or horses will lose as well as win. Early odds are always available and often better than the bookmaker’s odds. You can also request the odds you want. Our advice would be to go to one of these sites and get the feel for it, once you understand the basic principals it easy. These companies tend to be very helpful as well so if you get stuck just drop them a line with your problem.
