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With one to one betting there is no bookmaker. All bets are placed by individuals who want to act as the bookmaker and offer odds to other punters.
One of the biggest advantages of exchanges is that you can oppose a team or individual by laying bets.
For more information about laying bets take a look at Losers Into Winners to see how you can bet like a bookmaker!
MarketFeeder PRO
Advanced exchange users, particularly anyone who likes to bet in-running, should take a look at MarketFeeder PRO .
MarketFeeder PRO is professional data extraction and market trading analysis software designed specifically to work on the Betfair betting exchange without incurring the expensive monthly cost of accessing the Betfair API.
MarketFeeder Pro provides user-definable refresh rates down to 0.5 seconds against Betfair's default of 5 seconds, capturing and monitoring data from multiple Betfair markets. |  |
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