There is a new player in town in the sports betting world, the sports betting exchange. You may have often heard of them, you could be wondering what they're and the way 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 institution that accepts all of 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 recommended the individuals who gamble to wager directly between themselves, they make their cash by charging a small commission from whoever wins. Therefore a bettor could make their very own book, or they may look for someone who might be prepared to offer better odds than the sports book.