Launched in 2006 as a direct competitor to Betfair, WBX (World
Betting Exchange) attracts customers by offering lower commissions
than their more established rival. While they do not offer daily
markets for Australian horse racing, they do cover a host of other
sports as well as UK and Irish racing.
What might appeal to some of our members, other than their lower
commissions, is the ability to engage in live online betting. As
Betfair holds both UK and Australian licenses, they do not permit
Australians to bet "in-play"online, only allowing this to be done
over the phone. WBX places no such restrictions on Aussie
Commissions at WBX range from 3% to 5% but can go as low as 1.2%
when loyalty discounts are factored in. They claim that Betfair
users pay 35% more in commission fees than those who use WBX. Not
only that but, unlike Betfair, there are no premium charges for
winning punters. Smaller minimum stakes make them an attractive
option for lower stakes punters and there are also opportunities to
earn free bets to help build up your punting bank.
For those Punting Form members whose interests go beyond
Australian horse racing and into UK and Irish racing (horses and
greyhounds), soccer, American professional and college sports,
boxing, UFC, cricket, golf, tennis, ice hockey, rugby (league and
union), motor sports, snooker, darts and even politics, WBX might
be worth adding to your bookmarks.
Check them out by clicking the image below...