alexander_jackson_athlete
Sun Jun 23 2024
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5 answers
1069
What is Betfair betting exchange?
Could you elaborate on the concept of Betfair betting exchange? I'm curious to understand how it differs from traditional bookmakers. Is it a platform that allows individuals to place bets directly against each other, circumventing traditional betting odds set by bookmakers? How does the liquidity and pricing mechanism work on such an exchange? Also, are there any specific advantages or disadvantages for bettors using Betfair compared to traditional betting methods? I'd appreciate a concise yet comprehensive explanation of the Betfair betting exchange model.
