What is Commission on a betting exchange?
Daryl Carter – Tipster For Betfair & GG / The Smart Betting Club Podcast Episode 39
If you’ve heard about a betting exchange you’ve probably heard about commission. So what is it exactly and how does it fit in on an exchange?
Matchbook provides a betting exchange platform that allows customers to match bets against each other, rather than against a sportsbook.
This results in better odds for you, and for this service, we charge a small commission.
Net Win Commission means that Matchbook will charge you a small commission only on your profit on a market if your bet wins. You will not pay commission on losing bets.
Another reason why betting on the Matchbook exchange is a better way to bet!
For more information, go to : https://www.matchbook.com/page/getting_started/placing-bets-on-matchbook/