Flutter Entertainment’s Betfair are viewed as the innovators of the betting exchange and now another entity in the Flutter Entertainment empire is adding a betting exchange to its repertoire. PokerStars is introducing the bet exchange option to its sports betting platform, PokerStars Sports.
“Our research suggests that our customers would welcome the addition of an exchange product, with 70 percent of current sports bettors saying they want to get involved,” Richard Garrod, Director of Product at PokerStars, said in a statement.
“We’re always looking at ways to bring PokerStars players something new, and to be able to do that in collaboration with our colleagues over at the world’s largest betting exchange is a huge privilege.”
PokerStars Sports Betting Bonus & Free Bets Promotions
Betting exchange at pokerstarssports.uk launched with the odds (including in-play markets) on football, cricket, tennis, boxing and horse racing. New customers can request a free bet bonus on all of that. With the amounts stated in your Challenges Window. No bonus code, but opt-in required. Terms apply for 2022. In addition to the PokerStars sports welcome offer, there is a Free Acca Bet Offer: Win bets, earn points, climb the Weekly and Monthly Leader Boards.
There is no bonus code required to get started with sports betting exchange at Pokerstars Sports. Visit pokerstarssports.uk.
How to Register at PokerStars Bet Exchange?
PokerStars is making the betting exchange available through both PokerStars.com and PokerStars.eu. The PokerStars Exchange site is available to sports betting players at PokerStars via their existing account login and wallet. It can be accessed through the Exchange tab via PokerStars Sports.
By using the Flutter technology, it will give PokerStars players access to the same global liquidity pool as the world’s largest betting exchange, the Betfair Exchange. This guarantees that there will be odds on plenty of sports betting markets as part of the PokerStars Exchange.
Betfair originally introduced the betting exchange aspect to its sports betting site in 2000. At that time, it was considered to be groundbreaking in the industry.
How Does A Betting Exchange Work?
With a betting exchange, players are wagering against each other, as opposed to playing house odds. A betting exchange delivers the opportunity to buy and sell bets with customers around the world. It offers the capability to deliver better odds than a traditional sportsbook, since the bets are placed directly against other customers.
A betting exchange enables a customer to essentially become the bookmaker. They set their own odds on an event and put them out there. If a second player accepts those odds, then the bet is on. A betting exchange also provides the chance for a play to lay a bet. In standard sports betting with an online sportsbook, a wager is backing an event to happen. Betting exchanges allow players the chance at lay betting, which is betting on something not to happen.
More useful betting info and tools in our blog.