Balance And Exposure the Future

The Betfair exchange is a pioneering, market-leading online betting Exchange. It is the biggest and most mature betting exchange around.

What is a betting exchange?

A betting exchange allows customers to bet against each other rather than against a bookmaker. This differentiates them from traditional betting shops and bookmakers as the betting exchange allows the user to act as the bookie (by setting the odds for an event) or the customer (who bets using the odds set by the other user).

Whereas traditional bookmakers accept the risk of going head-to-head in various bets with customers, the business of a betting exchange does not involve any risk. The exchange simply provides the technology that pairs customers together in order for bets to take place and takes a commission from the net winnings that result.

Continue reading “Balance And Exposure the Future”

Balance And Exposure the Future

Here we are

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So, we have decided to resuscitate our technology blog. But this time we’re bigger. You may know that both paddy power and betfair have joined forces to create one of the world’s largest online gambling businesses, with more than 7,000 staff. With this comes complexity and many technical challenges, which will give us plenty to share.

The aim of this site is to share our expertise, knowledge and our technology stack with you technology enthusiasts.

In the coming weeks will be posting interesting  stories, videos and pictures around how we overcome some of our biggest problems at paddy power betfair.

Stay tuned…

Here we are