Betting Exchange is where you bet against other bettors -
not against a bookmaker. Because of this, you will get odds
much better than you ever thought possible, on average 20%
better than with a traditional bookmaker. And remember, you
still pay only 2% commission on your winnings on any event.
Betting Exchanges - "Laying" events
Not only do betting exchanges offer better
odds, they also uniqely offer the ability to "lay"
events. Meaning you bet against something happening rather
than against it, something which is unavailable at the traditional
bookmakers. So instead of backing your team to win their next
match, why not just lay the other team, just incase that draw
catches you by surprise.