Gambling Guide

ABetX is a betting exchange which enables online bettors to place opposing bets person to person without a bookmaker intermediary. Their auction betting exchange model employs proprietary auction algorithm technology which matches all successful bet offers at one moment in time. All buyers and sellers can make their offers just before the auction closing time, thereby minimising their exposure.

Users can bet on a 100% book eliminating the spread that exists between the price at which a bet can be readily backed or laid on traditional betting exchanges. They also have the opportunity to offer their bet without revealing their intentions to the wider market, again something which cannot be done on a traditional betting exchange. ABetX operates with a commission rate of 1% compared with the 5% base rate charged by Betfair, the dominant traditional betting exchange.

External links

• Official site