On this page you will find a list of online betting exchanges. These differ considerably from ordinary bookmakers as punters on a betting exchange are not betting against the company, but against each other. Betting exchanges offer a platform whereby punters can back and lay bets on a variety of different betting markets and then take a small commission on all winning bets. One major advantage of using a betting exchange is the guarantee of being paid out. Something that sadly not all bookmakers can guarantee. Depending on the company, the market and the sport the commission can vary from anywhere between 1% and 7%. The majority of betting exchanges reduce this commission fee for players with high activity, thus attracting serious players and professionals.