Because current debates on betting focus mostly on legal issues, one of the most successful new phenomena of the betting industry unfortunately remains largely overlooked. the fact is that potentially betting exchanges are more likely to revolutionize the sports betting market in Europe than the Gambling case.

Betting exchanges are mediators in a person-to-person model (similar to eBay and Napster); they arrange bets between individual customers on an Internet platform. Their customers can act as traditional bettors, and they can also function as bookmakers. customers can offer their own bets and ask for better odds without having to have a betting license. according to decisions of the first European legislature, the provider of the platform also does not need to have a bookmakers license.

What eBay and Napster did to the retail and the music businesses, betting exchanges will do to the betting industry throughout Europe as they will revolutionize and change it forever.