Betting exchanges have been recognized as an utmost medium that basically allows the punters to go for an online betting. Opening an account in the betting exchange allows the punters to earn maximum benefit. In contrast to the traditional bookmakers, usually offer you with better benefits. There is no denying the fact that they charge a certain commission from you, but that is just a small part of your benefits. They allow you to place a stake on any in-running event like a football match, horse race or a golf tournament. There are numerous betting exchanges in the market; however, the reviews on most recommended and reputed ones are highlighted and discussed as below:

The Betfair Exchange: This is one of the most popular and booming online betting exchanges. The headquarters of the Betfair are located in London and the UK Gambling Commission is responsible for keeping a sound synchronization. Betfair has in fact nothing to do with the conventional bookmaker, it itself acts as a broker and allows the punters to place a bet against another online punter. That is the simple strategy to place a stake in a normal way (follow the backing procedure) against all unfavourable odds of the opposing punter (laying procedure).

The Betdaq Exchange: This is another well familiar betting exchange that comes second in succession to Betfair. Betdaq is located in Ireland. This particular software offers the online punters with enhanced betting options besides allowing them to trade freely, until the specific event for placing a wager has been determined. PG , some punters usually follow the simple strategy of opening two subsequent accounts at the Betfair and Betdaq, thus comparing the two transactions (either bet or lay) on these two exchanges and moving ahead with the one that usually offers them with greater benefits.

WBX: An acronym WBX stands for a World Bet Exchange. This exchange usually allows the members to place a in opposition to another online member over various vital and familiar sports, entertainment or even political events. Two members are usually involved; one of them is usually referred to as a backer while the other is known as a layer. The WBX Exchange does the task of a broker thus taking a part of earned benefit as a commission from the winner of the wager.

Matchedbets.com: Apart from all the above-mentioned betting exchanges, the one that has got widespread popularity these days is matchedbets.com. It is also one of the most familiar online gambling sites. In fact this is the only exchange that allows the private players to back against their position, thus offering the backers with the enhanced level of benefits.