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Betting Exchanges |
Well the news it out and these guys seem
to be popping up from everywhere, so are
betfair.com and
Betdaq.co.uk being threatened!
To be truefull probably not unless they can
offer something
betfair.com or
Betdaq.co.uk do not.
So what can they offer?
Well the only thing that
these new betting exchanges could offer is a lower percentage charge on your
winnings, but what they cannot offer is the amount of liquidity available on
betfair.com and
Betdaq.co.uk .
Ok if you are betting small amounts then you are probably
going to be able to get your bets matched at some of these new betting
exchanges but if you are betting 100's or 1000's on a race then it becomes less
likely.
That aside lets have a look at some of the betting
exchanges.
betfair.com
As mentioned already this is the King of the Betting Exchanges
and the site that started the whole thing off.
It's quite interesting
just to sit and watch some of the horse racing and the amount of money being
placed, the average on UK races must now be over 500,000 UK Sterling and you
it's usual to see back and lay bets of 1000 upwards.
Betfair's other
advantage over many other sites is that it covers just about every sporting
event from around the world, I am interested in horse racing and I could easily
bet 24hrs a day (meetings allowing) and I know many people who bet not just on
UK races but Australia, Newzealand and the USA as
well.
Registration: Easy min deposit £10.00
Ease of
use: betfair.com have had time to get this right so as you can imagine it works
well.
Layout: Most of these sites use up all the window width of a
1028 X 768 screen, there is a lot of information to display.
Likes:
The amount of sporting events and the way you can see each horse race one after
the other in the left hand menu.
Dislikes: None that I can think
of.
Commission: 3 - 5%
Betdaq.co.uk
The second largest Betting Exchange and there is probably an
argument for having an account with them as well as
betfair.com so that you can get the best prices and sometimes even minimize
your risk by Betting to win at one and Lay at the other!
Betdaq.co.uk do not show the total amount being bet on a race as do
betfair.com but it has to be pretty similar judging by the bets you can see
being placed.
I must admit that I do like using
Betdaq.co.uk apart from the colour scheme that find a bit off putting and the way
each race is laid out doesn't exactly appeal to me after using Betfair's
system.
I suppose their greatest advantage over
betfair.com is that their commission rate starts at betfairs
lowest!
Registration: Easy min deposit £10.00
Ease of
use: As easy as Betfair
Layout: Most of these sites use up all
the window width of a 1028 X 768 screen, there is a lot of information to
display.
Likes: Nothing particular but for me it does seem a cleaner
display than Betfair's
Dislikes: Colour Scheme.
Commission: 2 -
3%
This must me quite a new site because the action
in the horse racing section anyway is a pretty slow, but I like this site so I
am defiantly going to keep and eye on it as the money is rising
everyday.
It certainly as easy to use as the other two and the layout is
very clean.
Registration: Easy min deposit
£10.00
Ease of use: As easy as
Betdaq.co.uk
Layout: Nice clean and crisp
Likes: "Next" and
"Previous" horse race, takes you straight to the action.
Dislikes:
Flash entry scheme...WHY?.
Commission: 2 - 3%
This is a mainly American site that as yet I have not had time
to review but will soon.
More to come.....
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