This is true of all betting exchanges. See How To Make Money On Betting Exchanges for full details of Betting Exchanges. Betfair (you may want to use Betfair Alternatives) is currently the dominant force within the betting exchange market. Betfair was merged with Paddy Power. Therefore if you do “matched betting”, don’t register the same e-mail account between these 2, and don’t lay Betfair when you back Paddy Power. License: Founded in 2000, and licensed by UKGC (UK Gambling Commission), providing both Exchange & Sportsbook functions, and the one that never restricts you is Betfair Exchange and Sportsbook may gub you quickly (Don’t worry, even after your Sportsbook side is gubbed, you can still keep using the exchange) Commission: between 2 – 8 % of your net winnings (depending on the country) Market Coverage: The widest range of markets and the biggest liquidity which is the key success factor for a betting exchange.
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