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

Sportsbook

These are the traditional bookmakers. An institution that accepts all of 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 people who gamble to wager directly between themselves, they make their money by charging a small commission from whoever wins. This means that a bettor might make their own book, or also they can look for somebody who might be prepared to offer better odds than the sports book.