sportsbook vs exchange

[Queensgrad]

whats the difference between the two? mansion has both with different ML odds. WTF?

[136913691369]

sportsbook= player vs. book
exchange= player vs. player

As simple as I can put it.

[chachi]

[ QUOTE ]
exchange= player vs. player

[/ QUOTE ]

Or is designed to look like player vs. player

[playersare]

what probably defines an exchange most concretely is the ability to post your own offers regardless of what is currently posted on the market. other factors like buy/sell commission schedule, and "who" is actually making the offers vary by site.