Official rules reference
Betfair Exchange
A peer-to-peer exchange reference for backing, laying and matching.
Read the dossier ↗Format 05 / the field guide
Exchanges.
Back or lay. Watch the liability.
An exchange matches opposing positions. An offered price is not necessarily an accepted bet: available liquidity, matching, liability and charges all need attention.
Read the explainer ↗Product references
Mechanisms and rulebooks to research. Access and approved offers remain unverified.
A format label describes the cited product. It does not establish a legal classification or availability in any country or subregion. Check the exact product’s current requirements.