WBX is a person-to-person Bet
Exchange where Members are able to place bets with one other on
a variety of the world’s major sporting, political and entertainment
events. Unlike traditional bookmakers, WBX’s Members bet
with one other becoming either a backer or layer. WBX acts as a broker,
taking a small commission from the winner of each bet that is placed.
Betfair is a betting exchange not
a traditional bookmaker. Betfair acts as a broker and provides the
technology to match bets placed by individuals. All bets on Betfair
have been placed there by users who want to have a bet in the normal
way (back), or "be the bookmaker" & offer odds to other
punters (lay).
BETDAQ users
benefit from the significantly better odds that this style of betting
generates, from greater choice in how they bet, and from greater
freedom in the ability to trade in and out of a bet right up until
an event is decided.