20 Sep 2024 —

You back an outcome in a betting market and the bookie pays out if your bet wins. However, betting exchanges - such as Betfair - allow you to 'back' or 'lay'..

Betfair Exchange was the world's first ever internet betting exchange and remains the largest. In this article, we explain the concept of Betfair Exchange .... The Betfair Exchange connects you with punters all over the world to put up your own odds and place bets. With no interference from a bookmaker, the Betfair ....

We know that some punters find the Betfair screen confusing but it is simple and our guide will explain what those boxes mean from back to .... Betfair Cash out feature allows you to guarantee your profits or manage your losses on a bet.

You can think of it as selling your current bet to another user ....