Betting Exchanges

Matched betting exchanges act as the middle man allowing customers to bet against each other. You can back a selection to win, lay it to lose or trade the odds, by backing and laying the same horse at different odds. They also allow you to bet in-running during a race.

Betfair Exchange

Betfair is the market leader with the highest turnover of bets:

  • Betfair SPs return better odds than industry SPs
  • Commission of 2 - 5% of your net winnings
  • The more you bet the less commission you pay.
  • New customers receive £20 free bet.
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Betdaq

One of the world's leading betting exchanges:

  • Just 2% commission on winnings derived from bet offers
  • New customers receive £25 in free bets (promo code FB2515)
  • Alternatively new customers can get a 50% refund on all commission paid (maximum £1,000) over your first 3 months (Promo Code BDQHALF)
  • Get 50% commission refund every Wednesday (up to £150) on all bets placed using a trading tool (opt in using promo code TTBONUS).
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Smarkets

Less established than the big 2 of Betfair and Betdaq, but still have plenty to offer and are well worth adding to your betting portfolio:

  • Modern betting exchange, based on cutting edge technology
  • Offer trading on all UK and Irish horse races
  • Commission charged at flat rate of just 2%
  • £10 free bet for new customers
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