An exchange is a marketplace. You're not limited to the price on offer — you can ask for a better one and wait to see if anyone accepts it.
What's inside
- 01What a betting exchange is
- 02Reading the market screen
- 03Backing on an exchange
- 04Exchange price or bookmaker price?
- 05Laying: being the bookmaker
- 06When a lay bet is value
- 07Place markets
- 08The exchange starting price
- 09Unmatched bets and in-play settings
- 10Hedging: locking in or cutting a loss
- 11Trading in-running: the honest truth
- 12Costs, limits and account rules
- 13Your exchange checklist
- 14Staying in control
A look inside



14 chapters · worked examples · 16 pages
Questions
How do I get it?Straight after payment you get a download button. The book is also kept in your Betfan members area, and we email you a link.
Will it open on my phone?Yes. It's a PDF, so it opens on any phone, tablet or computer.
Is it for beginners?Yes. It's written in plain English with worked examples, and there's plenty in it for experienced punters too.
Will it make me money?No guide can promise that. Sport is unpredictable and losing runs happen to everyone. It shows you how to judge the odds properly, so each bet has a fairer chance of paying its way over time.

Back horses at the right price: odds, the bookmaker's cut, each-way, staking and a daily checklist.

Read a racecard properly: form figures, ratings, going, trip, draw, pace and a ten-minute method.

Each-way bets explained: place terms, the maths of the place part, Rule 4 and when each-way is value.
18+ · Please gamble responsibly · BeGambleAware.org
