Do you know that the concept of betting exchange is almost similar to Stock exchange? The only difference between the two is the commodity being traded. On betting exchange you exchange bet while on stock exchange you exchange stocks. A gambling website act as a broker between parties for the placement of bets, most betting on a betting exchange has been a form of fixed odds gambling.

Some betting exchange sites

• BETDAQ
• Betfair
• ehorseX
• Fubet
• Mybet.com
• TradeSports
• World Bet Exchange
• iBetX

Thanks WIKIPEDIA !!!