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What’s the difference between Betfair Sportsbook and Exchange?
Betting exchanges have disrupted the industry as more and more bettors realize the value of betting exchanges compared to traditional bookmakers.
Exchanges provide bettors with a platform to trade the outcome of a particular event, be it sports, politics, or current affairs. It differs from traditional sports betting by allowing bettors to place bets on each other rather than bookmakers.
Instead of being limited to odds set by bookmakers and only being able to choose to back a particular outcome, exchanges allow users to go head-to-head by backing or laying.
If you are familiar with traditional Sportsbooks, betting trades can be daunting. However, once you understand the differences, how they work, and their substantial benefits, you’ll realize why betting exchanges are the best choice for any level of bettor.
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