Friday, April 07, 2006

A person to person gambling website who acts as a broker between parties for the placement of bets is termed as a betting exchange. It carries a similar concept like that of a stock exchange or a futures exchange. But in this case of betting exchange the commodity being traded is a bet, rather than a stock or futures contract. Fixed odds gambling are most prevalent type of betting on a betting exchange. But these betting exchanges do have their limitations. They are not suited to unrestrict multiple parlay betting. Exchanges offer accumulators of their own content management construction and these are limited in number. Read further...