What is Betfair Exchange?
It is a peer-to-peer betting exchange where players can back or lay outcomes rather than only betting against a traditional bookmaker.
In simple terms, how it works is by matching bettors against each other. One player can back a selection to happen, while another can lay that same selection and take the opposite view.
Since it was established in 2000, it has reached the status of the world’s top betting exchange.
It’s still pretty much in number one spot 25 years later, which speaks volumes.
The volume of bets and wagered amounts over those years are a bit mad (in a good way), with a wide range of events and competitions offered across the top sports around the world, as well as some niche ones.
In football alone, the number of markets available is vast and varied, and you can even find a variety of them in badminton. Particularly for sports like football, there aren’t many sites that offer better liquidity on the market.
MadMarket’s Edge Sports Trading Platform offers these amazing markets from Betfair, alongside several top Asian bookmakers and other exchanges.
This multi-platform access is one of the reasons why MadMarket is an outlier in the betting sphere, with over 15 bookies and/or exchanges available with one login, including Betfair.
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