So, going back to our example, should Arsenal have won, backers would receive their stake and the payout. Money will be held until the final result is determined, with the exchange then distributing funds accordingly. In the event of either party losing, they will be liable to pay out.īetting exchanges handle all the necessary financial details, taking the stake from the punter who has backed as well as the potential payout from the layer. However, rather than those looking to bet on Arsenal to win doing so against a bookie, betting exchanges act as the middle man, finding a customer who wishes to back Liverpool. Taking a Premier League football match between Arsenal and Liverpool as an example, odds for the Gunners to win may be 2/1. While sports markets are displayed in a similar manner to those found on bookmaker sites, a betting exchange will show both back and lay options too, with four options being available to punters, rather than the normal two.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |