Ladbrokes are regarded as one of the most trusted bookmakers available to punters across the United Kingdom for a number of reasons and one of those is down to their vast amount of betting options. To find out more, read below!
Ladbrokes Exchange
Ladbrokes Exchange is one of the many ways you can place bets with Ladbrokes, which allows punters to bet against one another rather than the bookmaker. To access Ladbrokes Exchange betting markets, simply register an account with the bookmaker today via their website or mobile app.
What is Ladbrokes Exchange?
Although exchange betting is not as popular as other betting methods, it is becoming increasingly popular in recent years, with more and more bookmakers offering exchange betting services. Ladbrokes is, of course, one of the bookmakers that offer exchange betting services which consist of punters betting against one another rather than those set by the bookmaker. In exchange betting, the bookmaker takes more of a middleman role, simply providing their customers with a platform to place their exchange bets. Although Ladbrokes take the back seat in exchange betting, it is important to remember they charge commission. Ladbrokes Exchange charges customers a 2% commission fee on all Exchange Net Market Winnings and all Virtuals Sports Markets; however, losses will not be charged with any commission.
More Ladbrokes Articles
As soon as a bet has been placed on Ladbrokes Exchange, Ladbrokes will not allow it to go unmatched. However, if your offered bet is not taken up by any punter using Ladbrokes Exchange, your bet will be removed from their platform, and Ladbrokes will refund you your stake. With exchange betting, punters usually have two options available: to place a bet or to lay a selection. Placing bets with Ladbrokes Exchange follows the same rules as placing a standard bet, as you are liable to pay your stake whether it wins or loses. However, when you lay a bet and then lose, you are still liable to pay out the entire winnings of the bet to anyone who has chosen to back your selection.
Ladbrokes Exchange App
Like with the majority of products that Ladbrokes offer, you can find their very own dedicated top mobile betting apps that is free to download for iOS and Android devices; Ladbrokes now offers its very own Ladbrokes Exchange app, which comes with its lucrative welcome bonus giving new customers a helping hand when setting up their Ladbrokes Exchange accounts.
Other Top Exchange Sites
With Ladbrokes making their exchange betting service available on a mobile app, punters are not refined to just their desktop when placing or laying exchange bets.
