Definitions for "Betting Exchange"
Unlike a bookmaker who sets and offers the odds or prices, a betting exchange allows bettors to select or offer their own prices and matches the bets accordingly. The site takes a proportion of all winning bets but the odds available are generally higher than standard bookmakers, even after the commission charged. See Back and Lay Calculator
a bookmaker that allows punters to bet at prices set by themselves rather than prices dictated to them by the traditional bookmaker
a facility where consumers place bets between each other on the outcome of a certain event
Keywords:  bookie, sure, technology, get, price
a bookie which uses technology to make sure you get a better price
a gambling website acting as a broker between parties for the placement of bets
Keywords:  visitors, events, range, site, web
a web site where visitors can bet against other visitors on a range of events
Keywords:  way, new
a new way to bet