What Is a Betting Exchange and How Does It Differ from Traditional Sportsbooks?

What Is a Betting Exchange and How Does It Differ from Traditional Sportsbooks?

If you’ve ever placed a bet on a sports game, you’ve likely used a traditional sportsbook. But there’s another option gaining popularity in the betting world — betting exchanges. Betting exchanges offer a different experience than what most people are used to. While both allow you to wager on sporting events, the way they operate is quite different. In this blog, we’ll break down what a betting exchange is, how it works, and how it compares to t…