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Betting exchanges are often the best place to track down value.
It works by matching people who want to bet on a selection with those who are prepared to lay (bet against) the selection.
These odds often beat the offers available at the traditional bookmakers and frequently actually drive the prices available there.
It can also be a great indicator for market trends to highlight when there is a glaring discrepancy on offer at the traditional bookmakers. There is a small commission taken by the exchange for provision of this service (deducted from winning returns only).
This requires strength in the depth of the market (backers and layers) in order to provide a worthwhile betting medium.
The two exchanges that we recommend joining are BETFAIR and BETDAQ
• Continue to Traditional Bookmakers
• Continue to Tote
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