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

Sportsbook

They are the traditional bookmakers. An institution 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. It means that a bettor will make their very own book, or they can look for trusted quality football somebody who could possibly be prepared to offer better odds than the sports book.