Federico
Sat Dec 21 2024
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5 answers
1045
What is betting exchange & betting unit?
I would like to understand the concept of betting exchange and betting unit. Could you please explain what they are and how they work in the context of gambling or sports betting?
EclipseSeeker
Sun Oct 06 2024
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6 answers
1528
What is a 'green book' on a betting exchange?
Excuse me, could you kindly elaborate on the term "green book" as it's used in the context of betting exchanges? I'm not entirely familiar with this terminology and would appreciate a clear explanation. Is it a specific document, a feature of the platform, or a colloquial term for something else? Clarifying this would greatly assist my understanding of how betting exchanges operate.
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.
