Betting Exchanges have been very much to the fore recently. Many people think that they are fast changing the way that we bet and there are predictions that the betting exchanges will continue to grow rapidly and that more and more people will use betting exchanges as their preferred method of betting.
What is a Betting Exchange?
Betting exchanges have sprung up on the Internet and offer you the chance to bet against other people, hence betting on a betting exchange is often called person to person betting. Therefore they cut out the traditional bookmaker altogether. One of the biggest attractions of a betting exchange is that not only can you back a greyhound to win, but you can also lay it if you think it is going to lose. Other really big advantages of betting exchanges are that you can:
How a Betting Exchange Works.
The exchanges are quite straightforward and it easy to place a bet or a lay on them. All you need to do is select a greyhound race or indeed another event and a list of prices that are currently available will be displayed. On the left hand side are prices where you can back a greyhound and on the right hand side will be prices at which you can lay a greyhound. The exchange will always make clear what the best price currently available is.