{1 - 24} GreyGrey
{25 - 49} GreenGreen
{50 - 499} BlueBlue
{500 - 4999} OrangeOrange
{5000 - 24999} RedRed
{25000+} BlackBlack

Please confirm that you would like to report this for an admin to review.

I have heard the Betfair betting exchange explained as peer to peer betting. What does that mean?

Confirm that you would like to Remove Email Alerts for your question. You cant undo this and you will not be able to re-subscribe.

Betfair is peer to peer betting, meaning that the bets which are listed on the exchange have been posted by other users, and not the usual middleman of a traditional bookmaker. One user can post odds for a market, and it just needs another user to match it, to make it active. This doesn’t mean that you know directly who you are betting against. You are just seeing the odds.

Confirm that you would like to select this answer as the "Best Answer" to your question. This will bring this answer to to top and be highlighted as "Best Answer". You can always change this if a better answer is given.

You must be Logged In to Answer this Question

Already a Member, Log In
Not a member yet? Sign Up


Reasons to join Bet365 (18+)
(based on our personal experience)