WBX

WBX or World Bet Exchange is an online bookmaker operating in the UK. The site is relatively new, having been launched in 2006. WBX is not a traditional bookmakers but a betting exchange. This means customers bet against each other rather than with the bookmaker. Betting exchanges are a relatively new phenomenon, despite only being formed two years ago WBX is one of the main pioneers of this field.

Betting Exchanges
Betting exchanges have produced a revolution in the way punters bet. It generally operates online and means you can challenge people from all around the world and place bets 24 hours a day, seven days a week. When using a betting exchange, you can either back or lay an outcome. The betting agent simply facilitates the bets and in turn receives a small commission. Betting exchanges are a more transparent system of operating. The odds are market led, and unlike traditional bookmakers who charge inflated profit margins, betting exchange agents simply take a minimal commission. You do not have to pay this commission if it is you who loses the bet. This provides little risk for the bookmaker and the customers tend to receive better odds, more flexibility and more control over the bets they place. This has led to betting exchanges becoming increasingly popular over the past couple of years.

The Site
The WBX site is user friendly and easy to navigate around. It has invested in the most up to date, state of the art technology and this shows in the smooth running of the site. An advantage of WBX is the exciting array of bets that it offers. You can bet in many different areas, sports events from Boxing to Snooker are covered, as well as Politics and other less conventional bets. Currently, WBX is taking bets for who will win the popular TV show Strictly Come Dancing and the winner of the BBC sports personality of the year. This makes placing bets with WBX more exciting and current than many traditional bookmakers and means there is something for everyone.

WBX has a lively user forum where members can discuss sports from Asian horse racing to cricket. There are discussions for sharing strategies and tips and more lighthearted discussions in the Jokes, Puzzles and Games Forum. This is a social place where you can debate on current topics of interest and share tips online. A unique feature of the forum compared to other betting exchange sites is its willingness to let members speak openly regarding its practices. WBX has very little control over the forum, it is not heavily moderated. Members can talk honestly about the site and posts are rarely removed. This is typical of the transparency of WBX.

Additional Features
An advantage to this site is the emphasis it places on security. The site is incredibly safe which provides you with piece of mind while you play. The customer support is another excellent feature of the site. The helpdesk is open 24 hours a day; you can contact WBX by both phone and email. All customer service facilities are available in many different languages and the staff are efficient, friendly and comprehensively trained.

Offers and Rewards
If you are a member of the site you will receive many generous offers including free bets, offers and fantastic odds. New members are rewarded with a generous free bet and are currently offered free access to top hints, tips and opinions experts. These are available in diverse areas from Sumo wrestling to Darts and Entertainment. They are interesting, informative and particularly useful for new members in helping them place winning bets. They are also great for those with an avid interest in specific areas. For the established customers free bet tokens are sometimes available, as well as selected no commission bets and regular promotions. WBX also offers a loyalty scheme where regular punters are rewarded.

Another financial advantage is the low commission that is charged by WBX. Out of all the betting exchanges WBX arguably offers the most competitive rate. WBX also tend to have very good odds for events and so is an extremely popular option for professional gamblers who have realised they can make a large profit.

In summary, WBX is a fantastic betting exchange site. It offers its members generous offers and schemes and has an exciting array of betting options. WBX operates transparently, places an emphasis on safety and security and offers excellent customer service. In addition to this, the site has one of the lowest commission rates around.

 
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