Betting has come a long way from bets being placed with traditional bookmakers to online betting exchanges. All of them offer the bettor the thrilling opportunity to place bets on odds and win large sums of money. Online betting exchanges are the most sought after in the market today and are fast replacing the bookies. This is because they offer more stability, the benefit of placing bets on a larger number of events and operating from the comfort of your home.
As the competition increases among betting exchanges each one tries to make the betting experience more pleasurable and profitable for their client. For this, they have on offer new services like odds intervention in live markets, private online betting rooms, higher commissions and so on. All these are aimed at enhancing the betting experience for clients and offering them the chance to make more money using their skills.
The concept of private betting rooms has become especially popular among the clients of betting exchanges. This is because the betting exchanges offer online support, services, discounts and bonuses to customers who are willing to open their own private betting rooms. The idea is to allow cash rich clients who have knowledge about a particular sport or sports to open their private rooms by placing a certain sum of money with the betting exchange.
In return the customers get to be the masters of their own betting rooms. These rooms are then visited by the exchanges customers for the purpose of placing their bets. Betting exchanges offer promotional packages like 50% discount to open a private room, if you put in around Euros 20,000. Or a matched 30,000 will get you a free private room. Or 50,000 Euros and above makes you eligible for promotion in the rooms section of the website. All these and many more promotional offers like free expense paid vacation packages and so on. Weekly lotteries are another major draw to begin your private betting room.