Exchanges for Dummies

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In the below article (Exchanges for Dummies) we’ll run through the principles required to make profit using Betting exchanges.

Betting Exchanges for Dummies

For most, the year 2000 brought millennia celebrations, ‘Y2K’ worries about the transition of computer systems and the peak of the dot-com bubble. For bettors, it brought about the introduction of Betfair and Flutter, exchange markets which utilised a combination of the internet and margin-minimising potential to draw in customers wishing to extract more value from markets.

The problem traditional bookmakers faced is that although they price outcomes as accurately as possible, a large margin

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