There is a new player in town in the sports betting world, the sports betting exchange. You could have often heard of them, you might be wondering what they're and just how they can be different to the traditional sportsbook. You might be also wondering which one is much better.

Sportsbook

Those are the traditional bookmakers. An organization that accepts all the bets and pays out the winners. They set the odds and you get to take it or leave it.

Sports Betting Exchange

Sports betting exchange acts as a way for the people who gamble to wager directly between themselves, they make their money by charging a small commission from whoever wins. Therefore a bettor might make their very own book, trusted online football or they may look for somebody who could possibly be prepared to offer better odds than the sports book.