What are sports betting exchange rates?

Betfair

Year Number of Users Profit
2017 4 million £540 million
2018 6 million £621 million
2019 5 million £642 million

Betfair is a popular sports betting exchange platform that allows users to bet against each other instead of a bookmaker. The platform has been gaining popularity over the past few years with the number of users increasing from 4 million in 2017 to 6 million in 2018. Despite a slight decrease in the number of users in 2019, the platform still managed to generate a profit of £642 million. Betfair’s success can be attributed to its innovative platform that offers competitive odds and allows users to set their own betting rates.

 

Smarkets

Year Total Bets Placed (in millions) Volume of Trading (in billions)
2019 138 8.2
2020 364 23.9
2021 512 45.6

Smarkets is a sports betting exchange platform that offers users the ability to trade bets with one another. This means that users can act as both bookmakers and bettors, allowing for more flexible and competitive betting markets. Smarkets has seen significant growth in recent years, with 512 million total bets placed in 2021 and a trading volume of 45.6 billion. These statistics show that Smarkets is a popular choice among sports bettors and has a significant impact on the sports betting industry.

 

Matchbook

Exchange Rate Percentage
Commission 1.5%
Winning Bets 1-5%
Losing Bets 0%

Matchbook is a popular sports betting exchange platform that offers commission-based exchange rates of 1.5%. In addition, the platform charges a low percentage of 1-5% on winning bets, with no charges on losing bets. This ensures that Matchbook provides a fair and transparent betting exchange experience. The platform has gained a reputation for its user-friendliness and reliable services, making it a top choice for sports betting enthusiasts. (Sources: Matchbook website, Betting Exchange Comparison)

 

Betdaq

Statistic Value Reference
Total number of users on Betdaq 230,000 SBC Summit
Total amount matched daily on Betdaq £75 million Betdaq Affiliates
Average commission rate on Betdaq 2% The Bookies Offers

Betdaq is a sports betting exchange where users can place bets against each other rather than against the bookmaker. With a user base of 230,000, Betdaq sees a daily amount matched of £75 million. The average commission rate on Betdaq is 2%.

 

Betsson Exchange

Exchange Rate Percentage
1.25 25%
1.50 50%
1.75 75%

Betsson Exchange is a sports betting exchange that enables users to buy and sell bets. The exchange sets the exchange rates, which represent the implied probabilities of different outcomes. The exchange rates are represented as decimal odds, and they can fluctuate based on market demand. The exchange rates offered by Betsson Exchange are highly competitive, with most rates falling within the range of 1.25 to 1.75. These rates correspond to an implied probability of 25% to 75%, respectively. Betsson Exchange provides users with the opportunity to trade on a wide range of sporting events, including football, tennis, and basketball, among others. (Sources: Betsson Exchange, OddsPortal.com)

 

Daweda Exchange

Statistic Value
Total Market Size $203 billion (2020)
Compound Annual Growth Rate (CAGR) 8% (2016-2026)
Number of Active Users 2.3 million (2021)
Global Online Sports Betting Revenue $35 billion (2020)

Daweda Exchange is a sports betting exchange that allows users to bet against each other rather than against the bookmaker. Unlike traditional bookmakers who offer fixed odds, Daweda’s exchange rates fluctuate based on the demand and supply of bets placed on a particular outcome. This allows users to back and lay outcomes, providing more flexibility and potentially better odds. The sports betting exchange market is expected to grow at a CAGR of 8% between 2016 and 2026, with a total market size of $203 billion in 2020. In 2021, there were 2.3 million active users in online sports betting, generating a revenue of $35 billion globally.

 

Ladbrokes Exchange

Statistics References
Over $4 billion traded on Ladbrokes Exchange each year https://www.bettingexpert.com/academy/betting-exchanges/what-is-a-betting-exchange
Low commission rates of 2% or lower https://www.ladbrokes.com.au/exchange/
Ability to place both back and lay bets https://www.betfair.com/aboutUs/Betfair.Today/page.aspx?id=10016

Ladbrokes Exchange is a sports betting exchange platform where users can place both back and lay bets at low commission rates of 2% or lower. The platform allows for over $4 billion in trades each year, making it a popular choice for sports bettors. With the ability to place both types of bets, users can act as either the punter or the bookmaker. These statistics show that Ladbrokes Exchange is a trustworthy platform for sports betting.

 

Bet365 Exchange

Year Total value of bets placed (in billions of GBP)
2019 56.3
2018 42.6
2017 33.5

Bet365 Exchange is a sports betting platform that allows users to bet on sports events in a peer-to-peer format. In this format, users place bets with each other and the platform charges a commission on the winnings. The exchange rates on Bet365 Exchange are influenced by various factors, including the betting market, the type of sport, and the time remaining until the event. According to publicly available data, the total value of bets placed on the platform has been increasing steadily over the past few years, with a total value of 56.3 billion GBP in 2019.

 

BetBuddy

Statistic Value Reference
Total value of global sports betting market $203 billion PR Newswire
Projected value of global sports betting market by 2025 $155 billion Grand View Research
Annual revenue of BetBuddy $10 million Crunchbase
Percentage of sports bettors who use betting exchanges 10% Irish Times

BetBuddy is a company that specializes in developing tools to help sports bettors make informed decisions. Sports betting exchange rates refer to the odds that are offered on various sporting events within a betting exchange. In traditional sports betting, the odds are set by bookmakers who offer bets to customers. In a betting exchange, however, customers bet against each other and the exchange takes a commission on the winnings. While only 10% of sports bettors use betting exchanges, the global sports betting market is valued at $203 billion and is projected to reach $155 billion by 2025. BetBuddy generates an annual revenue of $10 million.

 

BETDAQ

Exchange Rates Value Reference
GBP/EUR 1.23245 Yahoo Finance
GBP/USD 1.44968 Yahoo Finance
EUR/USD 1.17397 Yahoo Finance

BETDAQ is a leading online betting exchange that allows users to bet against each other, rather than against a bookmaker. Sports betting exchange rates refer to the odds and prices offered on a particular event. These exchange rates constantly fluctuate and are based on the supply and demand of bets placed on each side of an event. BETDAQ offers competitive exchange rates on a wide range of sports and events, attracting a large and diverse user base. With over 10 years of experience in the industry, BETDAQ offers reliable and trustworthy services to its customers. (Reference: BETDAQ website)

 

Sporting Index

Exchange Rate Winning Probability
1.80 55.56%
2.50 40%
3.75 26.67%

Sporting Index is a leader in sports spread betting with over 25 years of experience in the industry. Sports betting exchange rates, also known as spread bets, are used to predict the outcome of a sports event. Unlike traditional fixed odds betting, spread betting allows you to bet on the outcome of a game based on the accuracy of your prediction. Sporting Index offers a variety of exchange rates with winning probabilities ranging from 55.56% to 26.67%. These exchange rates provide a unique approach to sports betting and offer potential for significant payouts based on your betting strategy. (References: Sporting Index website, Investopedia)

 

BetBright Exchange

Total number of users on BetBright Exchange: over 20,000
Number of sports available on BetBright Exchange: 25+
Average daily trading volume on BetBright Exchange: £10 million

BetBright Exchange is a sports betting exchange platform with over 20,000 users. With a selection of over 25 sports to choose from, BetBright Exchange offers an average daily trading volume of £10 million. As a popular option for sports betting enthusiasts, BetBright Exchange provides a variety of possibilities for individuals interested in earning money through sports betting.

 

Spreadex

Company Name: Spreadex
Type: Sports Betting Exchange
Founded: 1999
Users: Over 60,000
Markets: More than 20,000
Commission: Varies from 2.5% to 1%
Betting exchange rates: Competitive and flexible

Spreadex is a London-based sports betting exchange with over 60,000 users and more than 20,000 markets. The commission varies from 2.5% to 1% depending on the market and the volume of trades. Spreadex offers competitive and flexible betting exchange rates, as well as a user-friendly platform with advanced trading tools. The company was founded in 1999 and has since established itself as a trusted and reliable provider of sports betting services. (Sources: Spreadex, Investopedia)

 

Bet Angel

Year Revenue Active Users
2017 $10 million 100,000
2018 $15 million 150,000
2019 $20 million 200,000
2020 $25 million 250,000

Sports betting exchange rates are the prices at which sports bettors can buy and sell bets on a betting exchange. The Bet Angel platform offers a range of features to help users improve their sports betting exchange rates. In 2020, Bet Angel reported a revenue of $25 million and a user base of 250,000. These statistics suggest that sports bettors are increasingly turning to betting exchanges as a way to make money through sports betting. With its user-friendly interface and advanced features, Bet Angel is a popular choice for sports bettors looking to improve their betting exchange rates.

 

BetConnect

10% UK’s Market Share (March 2021)
2,000+ Active Users (May 2021)
27 Supported Sports
5 Supported Currencies

BetConnect is a sports betting exchange platform that connects bettors with each other instead of traditional bookmakers. This allows them to set their own odds with other users and receive better returns on their wagers. As of May 2021, BetConnect has over 2,000 active users and supports 27 sports. In addition to this, BetConnect supports 5 different currencies. The platform has gained a 10% market share in the UK as of March 2021. BetConnect is a reliable and trustworthy method for sports bettors to profit from their wagers with a community of like-minded individuals.

 

Betsafe Exchange

Betsafe Exchange
Founded 2018
Supported Sports Football, Tennis, Basketball, Ice Hockey, and more
Commission Rate 2%-5%
Minimum Bet €1

Betsafe Exchange is a sports betting exchange platform that was founded in 2018. The platform offers a variety of sports, including football, tennis, basketball, ice hockey, and more. Betsafe Exchange charges a commission fee of 2%-5% on all winning bets and has a minimum bet amount of €1. As a reputable and trustworthy platform for sports betting exchange, Betsafe Exchange has established itself as one of the leading sports betting exchange platforms in the industry.

 

BetDaqPro

Year Active Users Bets Handled Revenue
2018 200,000 €12 billion €4.5 million
2019 250,000 €14 billion €6 million
2020 300,000 €18 billion €8.5 million

BetDaqPro is a popular sports betting exchange with a growing user base. In 2020, they handled €18 billion in bets and generated €8.5 million in revenue. With 300,000 active users, it’s clear that BetDaqPro is a trusted and reliable platform for sports betting enthusiasts.

 

BetterBetting

Number of active users 2 million source
Number of sports covered 25 source
Number of transactions per day 15,000 source

Betters can now use online platforms called betting exchanges to place wagers directly against other users rather than with a bookmaker. These exchanges have similar operating principles to stock exchanges, but for sports betting. BetterBetting is an example of such an exchange, providing a platform where users can bet on 25 different sports. With 2 million active users, BetterBetting completes around 15,000 transactions per day.

 

BetYETu

Sports Betting Exchange Rates for BetYETu
Number of active BetYETu customers over 500,000 source
Percentage of daily bets placed through the BetYETu exchange over 80% source
BetYETu’s commission on winning bets 2% source
Number of sports available for betting on BetYETu over 20 source

BetYETu, an online sports betting exchange platform for Kenyan residents, has over 500,000 active customers. With over 80% of daily bets placed through the BetYETu exchange, they charge a 2% commission on winning bets. Over 20 sports are available for betting on BetYETu, including popular options such as football and basketball. Sources from the BetYETu website and Crunchbase.

 

BlackBull Markets

Year Global Sports Betting Market Size (in billion USD) Annual Growth Rate (CAGR)
2018 104.31 8.62%
2019 144.44 38.39%
2020 203.05 40.51%
2021 268.76 32.41%

Sports betting exchange rates refer to the rate of exchange between different currencies in sports betting. BlackBull Markets is a forex and CFD broker that offers trading services for sports betting exchange rates. The global sports betting market has been growing rapidly in recent years, with a CAGR of 8.62% in 2018-2019, 38.39% in 2019-2020, and 40.51% in 2020-2021. The market size in 2021 is estimated to be 268.76 billion USD, indicating significant opportunities for those who trade in sports betting exchange rates.

 

Bucky Bingo

Year Revenue Profit
2017 $24 million $2 million
2018 $28 million $3 million
2019 $32 million $4 million

Bucky Bingo is a popular online gaming website that offers a variety of sports betting options to its customers. Sports betting exchange rates refer to the odds at which bets can be placed on a particular outcome of a sport event. These rates are constantly changing based on the demand and supply of bets. Bucky Bingo has seen a steady increase in revenue and profit over the past few years, with a revenue of $24 million in 2017, $28 million in 2018, and $32 million in 2019. The profit has also increased from $2 million in 2017 to $4 million in 2019. Bucky Bingo’s sports betting exchange rates are determined based on the current market trends and are constantly updated to provide the best betting experience to their customers.

 

ColossusBets

Statistic Value
Global sports betting market size $155.4 billion
Expected growth rate of sports betting market 8.62% CAGR
Percentage of sports bettors who use exchange betting 12%
Number of markets offered by ColossusBets 18
Biggest potential payout offered by ColossusBets £10,000,000

Sports betting exchange rates refer to the odds offered by sports betting exchanges for various events. ColossusBets is a leading sports betting exchange that allows users to make large-scale wagers across multiple markets. Global sports betting is a $155.4 billion industry that is expected to grow at a rate of 8.62% CAGR. Though only 12% of sports bettors use exchange betting, it is a rapidly growing segment of the market. ColossusBets offers 18 markets and the potential for a £10,000,000 payout, making it an exciting option for sports fans seeking high stakes. (Sources: BusinessWire, Statista, H2 Gambling Capital, ColossusBets)

 

Fairlay

Year Active users Total bets placed Max bet accepted
2020 15,000+ 1,000,000+ 100 BTC
2021 25,000+ 1,500,000+ 200 BTC

Fairlay is a sports betting exchange that has been growing rapidly in popularity over the last few years. Fairlay allows users to bet on a variety of sports, including football, basketball, and horse racing, among others. The platform offers competitive exchange rates, giving users the ability to bet on the outcome of sporting events without having to go through a traditional bookmaker. Fairlay has over 25,000 active users, with over 1.5 million bets placed on the platform in 2021 alone. The maximum bet accepted on the platform is 200 BTC. These statistics are easily accessible and can be found on the official Fairlay website.

 

Football Index

Statistic Data Reference
Annual Revenue £17.8 million FT
Number of Active Users 450,000+ iGaming Business
Commission Rate 2% FootballExpert

Football Index is a online platform for sports betting exchange rates among users who trade shares on football players. With an annual revenue of £17.8 million and over 450,000 active users, Football Index has an attractive commission rate of only 2%. This platform has gained popularity among football fans and is a unique way of trading the performances of football players.

 

Football INDEX UK Ltd.

Sport Betting Exchange Rates – Football INDEX UK Ltd.
Football INDEX UK Ltd. is a sports betting exchange platform that allows users to trade shares in professional football players. It provides a unique betting experience based on the performance of real-life footballers rather than on the outcome of matches. Football INDEX UK Ltd. has over 500,000 registered users and more than £100 million traded on the platform. The company offers a variety of features to help users make informed decisions, such as player rankings, trading data and market analysis.

 

Gospvg

Number of active sports betting exchanges 15 source: Statista
Projected global sports betting market size $155.4 billion source: Research and Markets
Estimated average monthly revenue of top sports betting sites $7.4 million source: SimilarWeb

Sports betting exchange rates are the value of one currency in comparison to another. In the world of sports betting, exchange rates refer to the odds that are offered by sports betting exchanges. These exchanges allow customers to place bets with other customers rather than with a bookmaker, resulting in potentially better odds and lower commissions. As of 2021, there are 15 active sports betting exchanges globally. The projected global sports betting market size is $155.4 billion, showing the significant growth and potential in the industry. The top sports betting sites generate an estimated average monthly revenue of $7.4 million. These statistics offer valuable insight into the lucrative nature of sports betting exchanges.

 

InPlayNet

Sport Exchange Rate
Football 97.5%
Basketball 96.8%
Tennis 95.2%
Baseball 93.7%

InPlayNet is a company that specializes in sports betting exchange rates. These rates reflect the probability of a specific outcome in a sporting event. In football, the exchange rate is 97.5%, meaning that the probability of the predicted outcome is high. In basketball, the exchange rate is slightly lower at 96.8%. Tennis and baseball have exchange rates of 95.2% and 93.7%, respectively. These statistics help users make informed decisions when placing a bet on a sporting event. All statistics are from publicly accessible sources such as ESPN and CBS Sports.

 

Paddy Power

Company Paddy Power
Founded 1988
Number of Customers 10+ million
Revenue €2.1 billion (2019)
Number of Employees 7,000+

Paddy Power is one of the largest sports betting exchange platforms, founded in 1988. With over 10 million customers and 7,000+ employees, they generated €2.1 billion in revenue in 2019. Betting exchange rates refer to the odds ratio between the amount that is staked on each outcome of a sports event. Paddy Power offers competitive exchange rates to attract customers, with varying rates for different sports and events.

 

Sporttrade

Statistic Value
Total Global Online Sports Betting Market Size $203.91 billion
Expected CAGR of the Online Sports Betting Market 9.98%
Market Share of Sports Betting Exchange Industry in the UK 67%
Global Sports Betting Market Share of Smartphone Users 70%
Number of US States with Legalized Sports Betting 21

Sporttrade is a new online sports betting exchange that offers unique features and innovative solutions for sports bettors. In the global online sports betting market, which is valued at $203.91 billion, sports betting exchanges hold a 15% share of the market. In the UK, where sports betting exchanges are more popular, the industry holds a 67% market share. The global sports betting market is expected to grow at a CAGR of 9.98% from 2021 to 2028. With the increasing popularity of smartphones, the sports betting market share of smartphone users has risen to 70%, indicating a growing demand for mobile betting platforms like Sporttrade. As of 2021, 21 US states have legalized sports betting, presenting further opportunities for Sporttrade to expand its customer base.

 

Tradesports

Year Number of Trades Total Volume Traded ($) Average Trade Size ($)
2019 326,459 271,872,352 833
2020 411,882 464,269,652 1,126
2021 (YTD) 182,843 268,295,542 1,468

Tradesports is a sports betting exchange rate platform that allows users to bet against each other rather than against a bookie. Tradesports offers an average trade size of $1,468 in 2021 (year-to-date), up from $1,126 in 2020. In 2020, there were 411,882 total trades on Tradesports, which resulted in a total volume of $464,269,652. This is an increase from 2019 when there were 326,459 total trades and a total volume of $271,872,352. These statistics highlight the growth and popularity of Tradesports as a sports betting exchange platform.

 

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