What does bet exchange mean?
Definitions for bet exchange
bet ex·change
This dictionary definitions page includes all the possible meanings, example usage and translations of the word bet exchange.
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Wiktionary
bet exchangenoun
A website that acts as a broker between parties that want to place bets with each other. Similar principles to a stock market.
Wikipedia
bet exchange
A betting exchange is a marketplace for customers to bet on the outcome of discrete events. Betting exchanges offer the same opportunities to bet as a bookmaker with a few differences. Gamblers can buy (also known as "back") and sell (also known as "lay") the outcome, and they can trade in real-time throughout the event, either to cut their losses or lock in profit. Bookmaker operators generate revenue by offering less efficient odds. Betting exchanges normally generate revenue by charging a small commission on winning bets.
Numerology
Chaldean Numerology
The numerical value of bet exchange in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of bet exchange in Pythagorean Numerology is: 4
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"bet exchange." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/bet+exchange>.
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