Betting exchange games are a fun way to play casino games. In these games, people do not play against the casino, but directly against one another using betting exchange platforms. They are different from regular casino games; Players can predict an outcome or bet against other players. Known what betting exchange games are, how they work can help bettors understand why it could be fun and profitable to play on them.
Betting Exchange Games Explained
Betting exchange games are casino table games where players can bet against other players. Usually, in regular casino games, people bet against the casino, also called the house or the dealer. But in betting exchange games, players can place bets with each other. They can either bet on something to happen placing a back bet or bet against something happening placing a lay bet.
Betting exchange games are available on betting exchange platforms like Betfair Exchange, Orbit Exchange, Winfair24 and others. Some popular betting exchange games are:
- Blackjack
- Baccarat
- Card Derby Racing
- Hi Lo
- Hold’Em
- Omaha Hi
Betting Exchange Games Examples
Let’s break down some of the popular betting exchange games.
Hold’Em
Hold’Em is one of the most popular game on betting exchanges. It is a poker game where players try to make the best five-card hand combinations. Bettors can place bets on who will win or they can place a bet against a player winning. Typical bet types on Hold’Em game is back to win where players predict which player will win the hand, back to lose where they predict which player will lose the hand and lay to win where they can bet against a player winning.
Blackjack
Blackjack is a card game where the goal is to get a hand with a total of 21 or close to it without going over. Players can bet on different outcomes in this game, such as back to win where they predict that their hand will win the dealer, back to lose where they predict that dealer’s hand will beat theirs or lay to win where they can bet against another player’s hand winning.
Card Derby Racing
Card Derby Racing is one of the most fun betting exchange games. It is like a horse racing, but with cards. Players can bet on which card will finish first in the race. Common bet types are back to win where bettors bet that their chosen card will finish first, back to place where they predict their card will finish in the top spots or lay to win where they can bet against another player betting that their card will not finish first.
Hi Lo
Hi Lo is one of the easiest betting exchange games. The game is simple: players bet on whether the next card drawn will be higher or lower than the previous one. Bettors have betting options such as back high where they can bet that the next card will be higher, back low where they predict that the next card will be lower, and other bet types.
Baccarat
Baccarat is a simple card game where players bet on which hand will win. Common bets types are back player, where they bet that their hand will win, lay player where they can bet against another player’s hand winning, back banker where they bet on banker’s hand to win, lay tie where they bet against a tie happening and many others.
Omaha Hi
Omaha Hi is another poker game similar to Hold’Em. The difference is that players are dealt four cards instead of two. Common bet types of Omaha Hi are back to win where bettors bet on their hand or on another player’s hand to win, back to lose where they bet on their hand or another player’s hand to lose or lay to win where they bet against a player winning the hand.
How to Lay in Betting Exchange Games
The lay option is what makes betting exchange games fun and special. When players lay a bet, they are betting against on that outcome to happen. On regular bets they predict an outcome happening. But lay bet are different.
In Blackjack they can lay a bet and predict that a certain player will not win. If the player does not win, the bet is successful. If that player wins, the lay bet loses.
In Baccarat players can use lay bets for many options. For example they can lay the banker. This means that they predict that the banker will not win the hand. If any player wins or the hand ends up in a tie, the bet is successful. If the banker’s hand wins, the lay bet loses.
In Card Derby Racing, players can lay a bet against the Ace of Spades finishing first. If any other card finishes first, the bet wins. If this specific card finishes first, the lay bet loses.
In poker games like Hold’Em and Omaha Hi, players can use the lay option and bet against other players’ hand just like in real poker.
Why Play on Betting Exchange Games?
Betting exchange games are a fun and different way to play casino games. They offer more flexibility because bettors can choose to wither bet on something to happen or use the lay option and bet against it. This allows them for more betting choices and adds more excitement and strategy to their bets. Players can bet on their own skills or they can on others’ skills as well or against them. Since they are not playing against the casino, they have more control over their bets. The casino is the betting exchange platform which only charges a small commission fee on all winning bets. the rest of the money goes to the player.
In a Nutshell
Betting exchange games are a fun and exciting way to play casino card games, poker games and more. Instead of betting against the casino, bettors bet against other players. They can use the lay option to bet that something will not happen which adds more possibilities and makes the game more interesting. Learning the different bet types is simple and easy and bettors can have a lot of fund and increase their chances to win big.
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