About WBX

About WBX

WBX, or World Bet Exchange, is a person-to-person bet exchange. WBX aims to provide a genuine alternative for bet exchange customers.

Over £1,000,000,000 (£1 billion) has been wagered by World Bet Exchange Members since launch on a wide range of sporting events including horse racing, football, tennis, US Sports, golf, cricket and rugby plus a variety of specials markets.

Playing Fair

WBX has one of the most competitive commission rate structures amongst the major bet exchanges.

We recently studied the betting activity of all our members. The amount of commission payable under Betfair’s commission structure was calculated for this betting activity and compared with the actual commission paid by our Members. We found that our Members would have paid 35% more commission at Betfair.

What's more, our winning Members would have been subject to Betfair's Premium Charge, potentially increasing total charges to up to 20% of their gross profits.

Better Odds

A recent review by World Online Sports Bookmakers (WOSB) gave WBX top marks in their Odds Payout Ratings. WOSB is an independent body and their rating is based on a review consisting of more than 150,000 observations. The prices on WBX are typically better than those available from traditional bookmakers, often by more than 20%.

Peace of Mind

WBX acknowledges that the safety of its Members’ funds is of paramount importance.

Members’ funds have always been ring-fenced in separate bank accounts that are held within a separate company WBX Members Funds Limited that does not otherwise trade. These funds are held subject to a trust deed and are subject to independent verification by WBX's auditors on a quarterly basis.

WBX is the only bet exchange which opens its books to independent audit, the results of which are published on its website for all to see.

WBX Mobile

WBX Mobile is a specially adapted version of WBX for all mobile devices equipped with internet browsers including Apple iPhone® and BlackBerry®. It offers the same value prices and betting opportunities as the main WBX website whilst 'on the go'.

WBX Mobile is accessible via http://m.wbx.com - no downloads are needed.

Superb Member Promotions

WBX Members have been credited with thousands of free bets since launch courtesy of an array of superb Members promotions while races won by the likes of Kauto Star, Inglis Drever and Marchand D’or have all been settled at 0% commission.

Award Winning Exchange

WBX was voted winner of the 2007 Netprophet Award for Best Exchange and was recognised with a Silver Award at Gambling Online Magazine's annual Readers' Poll ceremony.