You are currently viewing offers from New Jersey
NJ
  • Illinois
  • Indiana
  • Iowa
  • New Jersey
  • Pennsylvania
Odds shown as:
NJ
  • Illinois
  • Indiana
  • Iowa
  • New Jersey
  • Pennsylvania

What is a Betting Exchange

Up to $1000 in 4 risk free bets

New Customers only, T&Cs apply ,21+, NJ only.

To put it simply, a Betting Exchange is where you are not betting on a price provided by a Sportsbook but are instead naming your own price and seeing if someone will take the other side of that bet at your chosen price. If they do then a wager is placed between the two people, if it isn’t that your stake is returned to your account.

This means that the Sportsbook operating the Exchange is taking on zero liabilities and simply takes a small commission of all winning bets. By doing this they are limiting their risk but also allowing bettors to get better prices as no house edge is being factored into any of the prices offered.

Across the Globe, Betting Exchanges are becoming all the more common with Betfair being a big player in the online sports gambling scene most notably in the UK, Ireland and Australia.

How it works

One of things that makes betting exchanges unique is that it allows bettors to take both sides of the bet. Most people are used to bet on something happening (known on the Exchanges are backing) but taking the house position (known on the Exchanges as laying) is alien.

If you want to back the Dallas Cowboys at +200 to beat the New York Giants for $10 on an Exchange you will need someone to match that bet on the opposite side. You’ll need a bettor to say that they do not believe the Cowboys will do the job.

Today's Betting Odds

Tennis Parlay Bonus - up to 70% more

If your bet wins,Bet365 will add a bonus of 5 - 70% to your winnings. The bonus amount is dependent on the number of selections. T&Cs apply,NJ only.

Money Monday Club

Receive a $10 Free Bet when you place a total of $50 in qualifying wagers during the previous week.T&Cs Apply,opt-in required. NJ only.

NFL Parlay Profit Boost

Log in each Sunday to get a 20% Parlay Profit Boost each week!

Win a VIP trip to Super Bowl LVI

Every cash wager of $10+ (min odds of -200) on NFL Markets, earn entry into the Grand Prize Drawing, T&Cs apply.

SAME GAME PARLAY INSURANCE!

Place a SAME GAME PARLAY Bet on any MLB or NFL Game with 4+ legs and receive money back up to $25 if exactly 1 leg fails. T&Cs apply,NJ only.

Sport Club $10 Bonus

Place 5x sports bets of $10 or more at minimum odds -300 and receive $10 in bonus money every week. T&Cs apply,NJ only.

Tennis Cash Booster

Claim 4x profit boosts exclusively on tennis each week. 2x boosts will be available on the indicated days of the week, valid only for live tennis bets, T&Cs apply.

NBA 20% Live Profit Boost

Get rewarded with a 20% Profit Boost on any NBA Live wager every Wednesday, max $25, T&Cs apply

NCAAF Early Payout Offer

Get your straight bets paid out if the team you back gains a 17 point advantage - for parlays the selection will be marked as a win. T&Cs apply,NJ only.

2 Goals Ahead Early Payout Off

T&Cs apply. New & eligible customers only,21+ NJ only.

No Score Tie Soccer Offer

T&Cs apply. New & eligible customers only,21+ NJ only.

MLS One Game Parlay Insurance

A minimum of two picks and a maximum of 10 picks from a single game can be included in a One Game Parlay wager,max insurance $25. T&Cs apply. 21+,NJ only.

Multi-Sport Parlay Bonus

Place pre-game parlay of 2 or more selections and new customers can get 5-70% winnings depending on selections. T&Cs apply,21+ NJ only.

Parlay Plus

Get 40% more in profits on winning parlays! Opt-in and place a 4-7 leg parlay on any combination of sports or event. 21+,NJ only.

Upto 60% more on Parlays

If your parlay wins,get extra cash on top,from 5% to 60% depending on selections. T&Cs apply,21+,NJ only.

Weekly Free Bet

Place 10 valid sports bets online between Fridays and Thursdays and get a $5 free bet. T&Cs apply,21+,NJ only.

Level Up Booster

4%-50% boost on parlays dependent on selections. T&Cs apply,21+,NJ only.

Parlay Boost

Get 40% more in profits on winning parlays! Opt-in and place a 4-7 leg parlay on any sports combo. T&Cs apply,21+ NJ only.

 

20% NFL & NCAA Early Week Boost

Log in each Tuesday to get a 20% Profit Boost to be used on NFL OR NCAAF!

EPL One Game Parlay Insurance

Place a 3+ leg One Game Parlay on any game and one leg lets you down,you will get your wager refunded up to $25. T&Cs apply,NJ only.

Halftime Payout

Place a money line wager on either Thursday Night team. If they’re up by ten or more points at the half,your bet counts as a win,regardless of how the game ends.

Risk-Free Bet on the First TD Scorer

Place a prop bet on a player to score the first touchdown of any NFL game and you’ll receive up to $25 in Free Bets if your wager loses.

NFL One Game Parlay Insurance

Opt-in and place a Football One Game Parlay wager with 4 legs or more, and if you miss 1 leg, you’ll receive up to $25 back.

College Football One Game Parlay Insurance

Opt in and place a Football One Game Parlay wager with 4 legs or more, and if you miss 1 leg, you’ll receive up to $50 back, T&Cs apply.

NHL $10 Live Free Bet

Place a $50 live wager on any NHL® game on Wednesday or Thursday to receive a $10 Free Bet, T&Cs apply.

NFL Early Payout Offer

Get your straight bets paid out if the team you back gains a 17 point advantage - for parlays the selection will be marked as a winner. T&Cs apply,NJ only.

In this situation the person who backed the Cowboys would potentially win $30 ($10 original stake plus $20) and they would get that money from the layer. If the Cowboys lost then the layer would take the original $10 stake from the backer.

Which side won the bet would give a small percentage of their profit to the house.

Why use an Exchange:

The biggest benefit of using an Exchange rather than a traditional online Sportsbook is that you get to pick the odds. This means that you can put down the odds that you want in the hope that someone will come along and take you up on your bet.

This often leads to much better prices than an online Sportsbook will offer because bettors from all over the country have different opinions and biases that can be used to get better prices. You’ll often find that bettors are partial to betting on their own teams and therefore will offer a price based on their hopes rather than pure logic.

Another massive plus point for Exchanges is that betting in-play can often lead to guaranteed profit. If you back an outsider and they take the lead early in the game, the live price movement can quickly lead to them becoming the favorite. In that case backing the original favorite, now priced up as an outsider would lead to a certain profit.

Free Betting Offers
100% first deposit bonus up to $250
21+, T&Cs apply, only 1x wager required.
Up to $1000 risk-free first bet
New customers, 21+, T&Cs apply, NJ only.
Up to $500 in bet credits
Up to $500 in Bet Credits for new customers. Make a min $10 deposit, place bets to deposit value, once they are settled, matched amount in Bet Credits available to use. Bet Credits risk excluded from returns, T&Cs apply.
Up to $1000 in 4 risk free bets
New Customers only, T&Cs apply ,21+, NJ only.
First bet matched up to $1001
New Customers Only, 21+, T&Cs apply, NJ only
Bet $50,get $50 (100% deposit match)
21+, T&Cs apply, please gamble responsibly, NJ only.
Up to $250 risk free bet
21+, NJ residents only, T&C's apply.
$500 Risk Free Bet
21+, New customers only, T&Cs apply, NJ only.
Get $100 in free bets when you bet $20
Min $25 stake, New Plyrs, 21+, T&Cs apply.