Author: admin

  • Betting Exchanges 101: Back/Lay, Market Making, and In‑Play Trading

    Betting Exchanges 101: Back/Lay, Market Making, and In‑Play Trading

    Welcome to the intellectual’s casino. The neon lights and fixed odds of old sportsbooks seem simple now. We’ve moved to a more advanced, and sometimes harsher, place.

    This is the world of peer-to-peer wagering. It’s like a mix of a Wall Street trading floor and a Saturday football crowd. That’s a betting exchange. It’s not a bookmaker; it’s a marketplace.

    Here, you can “back” an outcome to win or … Read the rest