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

Sportsbook

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

Sports Betting Exchange

Sports betting exchange acts as a way for the individuals who gamble to wager directly between themselves, they make their cash by charging a small commission from whoever wins. Therefore a bettor can make their own book, or best gambling also they can look for someone who may be prepared to offer better odds than the sports book.