Major Highlight

Major Highlight

Positive betting.

One of the most interesting strategies in casino betting is positive betting system. Learn how to apply it when playing online.

Read More


Which system do you usually use?

Martingale system

Positive betting

Cancellation system

spin palace casino

Betting exchange entity

poker duel

The main point in betting exchange is the providing of the retail facilities for customers. They buy and sell different contracts which are usually structured as "binary options".

More often betting exchanges organizes horse racing and some kinds of sport betting, but also includes lots of other current event and betting casino markets.

Betting exchange work

Betfair, the betting exchange company can be considered as an online type of a betting establishment. It was created in 2000 by Andrew Black that just wanted to develop some of the" betting" ideas on his laptop. Nowadays this company has its main office in Hammersmith along with 800, 000 customers throughout the whole world.

You can make bets on football, boxing; even such events as Big Brother or the X factor are included in this agency. They don't differ very much from the traditional kind of bookmakers where everybody can make some bets, but still one can find its particular advantages and disadvantages in both types.

Main characteristics:

  • In Betfair, the visitor doesn't bet directly. It can happen that your bet won't be accepted because it's not matched with the other customer. In other words - it connects the bettor with the opposite expectations on the outcome.
  • It's not a risky bookmaker agency, here you have guaranty that presents you some amount of money from the commission of winnings (from 2 and 5 percent).
  • You have a possibility to make a call and bet via phone! This is very convenient but you have to use some credit cards.
  • The odds are presented in the decimal terms (4.1 and not 6-4). It means that for every pound that is staked you are presented with a return of £4.10.
  • The process here is not controlled by any bookmaker, it's totally free!

For you to compare, in the traditional bookmarker shop you'll need to obey to their odds and there will always be some edge on their side. Here you're setting odds against the other players; you attract the visitors with your stakes.

The other great benefit of the betting exchange is the opportunity to make bets during the race or some match is in progress; such bets are called "in-playing" ones. There is no undue risk to the operator.

Of course there are lots of critical points towards betting exchange from the side of bookmarkers' agencies. It is said that corruption is very likeable here. Indeed you can see the integrity of commercial interests in the betting exchange. There is strict control on bribes and cheating. Try once and you'll notice the benefits for sure!