Brendan Mcloughlin Global Betting Exchange - Sports Predictions

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Brendan Mcloughlin Global Betting Exchange

Category: Betting


About us, Global Exchange

About us Your best currency exchange option Welcome to the Global Exchange Group

We are a multinational company specialised in foreign currency exchange services, with over 20 years of experience. We are present in more than 54 International Airports in 20 countries and 5 continents, and in several hotel resorts and at high street locations. Day after day we seek excellence in our Customer service and in our relationships with the Airport Operators we work with.

Each day over 13,000 Customers change currency with Global Exchange.

Our history

Global Exchange operates in the currency exchange sector since 1996. Our company was founded in Spain, in Fuentes de Oñoro (Salamanca), a border town on the frontier with Portugal, where the owners of the company developed different tourist-oriented businesses. One of the tourists’ demands at the time was currency exchange (mostly Spanish Pesetas, French Francs and Portuguese Escudos), and so our currency exchange services began.

Soon this activity was expanded to other towns on the Portuguese border and great tourist attractions, but with the arrival of the euro and the subsequent disappearance of currency exchange among European citizens our company had to change its strategy. The euro set for our company the great challenge of our international expansion, first to Argentina in 2001.

Our future

The Global Exchange Group is currently involved in a very ambitious strategic plan for 2014-2016, when we intend to expand from our current 20 countries to 23, and to triple the size of our company in the next few years. Apart from this numeric challenge, our company is currently undergoing an important redefinition of its internal processes, its offer of services and products, and exploring new lines of business (via telephone, internet, etc.).

Our Corporate Principles
  • Strict compliance with ethics, legality and transparency
  • Importance of human capital
  • Excellence in Customer Service
  • Constant growth and expansion
  • Development and implementation of new technologies
  • Impeccable corporate image
  • Orientation towards innovation and continuous improvement
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Foreign Exchange with ethics, legality and transparency

Customers and employees go first

Growth and expansion

Innovation, technology and continuous improvement

Other articles

Brendan McLoughlin – Medium

Brendan McLoughlin

Dad. Thoughts on leadership, society & business. Also occasionally art, fantasy fiction and general mischief.

How I overcame my addiction to gambling, spending and food.

I would often play high stakes games throughout my life because I felt empty inside.

It’s sad but it was up until I was 35 the only way I knew how to be.

Learning to laugh

Sometimes laughter I had was acerbic. I hated it. But it was a reflection of the pain in my soul.

As I heal I laugh a bit lighter. Anxious like a deer, with trepidation about the result – but a bit lighter.

Easter prayer for everyone

Someone asked me what I pray about so I thought I could share this prayer:

Search For ‘ Brendan McLoughlin’, Page 1

Election results 2017 – full list: UK general election final results

Politics / Fri, June 9, 2017

BRITAIN is left with a hung parliament after the Conservatives lost their majority in the General Election. Here is a full breakdown of the election results.

REVEALED: How did YOUR MP vote? Find out who voted for and against Article 50

Politics / Thu, February 9, 2017

BRITISH parliamentarians have voted on the Government’s bill to withdraw from the European Union tonight.

Arsenal boss Arsene Wenger has backed this player to be the next Emmanuel Petit

Football / Mon, August 29, 2016

ARSENE WENGER believes £25m signing Granit Xhaka can be Arsenal’s next Emmanuel Petit.

Eric Black positive Aston Villa can delay inevitable against Bournemouth and win back fans

Football / Sat, April 9, 2016

ERIC BLACK is confident Saturday will not be the day that rock-bottom Aston Villa's fate is sealed.

Aston Villa's Gabby Agbonlahor calls in sick with 'virus' ruling him out for Bournemouth

Football / Fri, April 8, 2016

GABBY AGBONLAHOR will not be involved in Aston Villa's bid to earn a stay of Premier League execution this weekend due to a virus.

West Brom's Tony Pulis hails Sunderland boss and survival specialist Sam Allardyce

Football / Fri, April 1, 2016

TONY PULIS believes Sunderland could not have a better boss than Sam Allardyce to keep them up.

Jamie Vardy inspired Oxford's Kemar Roofe as League Two forward downs Swansea in FA Cup

Football / Mon, January 11, 2016

OXFORD FA Cup hero Kemar Roofe says Jamie Vardy’s rise through the divisions to Premier League top goalscorer has driven him on.

Oxford United 3 - Swansea 2: Appleton eyes Man Utd after leading big FA Cup upset

Football / Mon, January 11, 2016

MICHAEL APPLETON is dreaming of an FA Cup reunion with Manchester United after guiding League Two Oxford United to the shock of the round.

Aston Villa boss Remi Garde pays tribute to Arsene Wenger's staying power at Arsenal

Football / Sat, December 12, 2015

REMI GARDE has paid tribute to Arsene Wenger's staying power at the top - and has identified the Arsenal manager's burning desire to win more major trophies as his driving force after two decades in the job.

Remi Garde reveals his Aston Villa squad plans for Arsenal visit

Football / Thu, December 10, 2015

ASTON VILLA manager Remi Garde has thrown the gauntlet down to Jack Grealish to prove he has learnt his lesson following his recent punishment for his off-field behaviour.

Friday, 13th October 2017

See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive.

Brendan McLoughlin, Points in Case

brendan mcloughlin global betting exchange

These are the ramblings of a writer/comedic filmmaker. See all my work at So this is the part where I talk about myself? Ugh. I drink muddy coffee and wonder if David Lynch would like the things I make.

Author: Brendan McLoughlin

How to Spam My Friends After You’ve Hacked My Email

I can imagine the skill it takes to hack an email account, so I know you're smart. You got this far, why not market your shady products more effectively?

The Kindly Strip Club First-Timer

So if I don't buy a beer I have to leave? I was just telling the underdressed young lady here that I can't buy another beer because I'm saving for plane tickets.


by Rick McDermott

by Donald J. Trump

by David Brinn Silly

by Wesley Jansen


by Charlie Neuner

by Stephen Johnson

by Stephen Johnson

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Points in Case has been publishing enlightening and irreverent comedy articles since 1999, featuring daily original content by seasoned writers and fresh voices.

Betting exchange

brendan mcloughlin global betting exchange

The term betting exchange is used to describe a form of bookmaking in which the operator offsets its risk perfectly through technology, such that the effect to the customer is that customers are seen to bet between themselves. Coined because of its apparent similarities to a stock exchange - it is often defined as "a stock exchange for bets" - it is therefore commonly seen as a peer-to-peer gambling website, when in fact it is more closely described as "many-to-many" (i.e. very few bets are actually just one person on one side and one on the other). Equally, it is often suggested, or commonly believed, that the operator is merely acting as a broker between parties for the placement of bets, rather than a bookmaker, although the reality is that bets are being accepted and offered simultaneously through technology, and the legal contract for the bet is with the operator itself and not between customers. Most betting on a betting exchange has been a form of fixed odds gambling, although recently the phenomenon has also been established in the spread betting markets.

The concept of peer-to-peer betting - the precursor to a betting exchange - was first brought to the public by the UK website in May 2000. At the same time Irish-based betting exchange was launched into the UK. Soon after, UK-based Betfair launched what it originally called "open-market betting", in June 2000 - a name which was quickly changed, by the media and the associated industry, to "betting exchange". Betfair embraced a pure exchange model - one Flutter later adopted and, some say, even improved upon in places - but it took a year before Flutter launched their new technology, and first-mover advantage proved decisive for Betfair. Though Flutter managed to climb to a reported 30% market share, Flutter's backers were content to broker a merger which left Betfair the dominant partner by a reported ratio of 84:16. Post merger, Flutter's customers were transferred to Betfair's system, which was later upgraded to embrace some of Flutter's functionality. Betfair went from strength to strength and controls a reported 90% of global exchange activity today. In late 2004 , Betfair announced a rescue package which resulted in it absorbing the customers of Sporting Options , which had gone into administration with debts in excess of £5 million.

As with other types of exchanges, betting exchanges thrive on liquidity and customers tend to focus on the exchange where they are confident their bet can be paired up with a matching counterbet. Breaking with British tradition, Betfair uses decimal odds instead of fractional (traditional) odds because they are more popular globally. Some of its competitors allow customers to use fractional odds if they prefer.

Most exchanges make their money by charging a commission which is calculated as a percentage of net winnings for each customer on each event, or "market." Gamblers whose betting activities have traditionally been restricted by bookmakers (normally for winning too much money) have found these sites a boon since they are now able to place bets of a size unrestricted by the exchange - the only restriction is that one or more opposing customers need to be willing to match their bets. Moreover, the odds available on a betting exchange are usually better than those offered by bookmakers, in spite of the commission charged, because the middle man is eliminated.

Exchanges currently have some limitations. Exchanges are not currently suited to unrestricted multiple parlay betting. Betfair does offer "accumulators" but these are limited in number and type: Users cannot determine the outcomes contained in accumulators themselves. Exchanges also tend to restrict the odds that can be offered to between 1.01 (100 to 1 on i.e. 1 to 100) and 1000 (999 to 1).

Unsurprisingly, Betfair's success has attracted a number of rivals, including Betsson and BETDAQ .

Contrary to bookmaker and totalisation systems, betting exchanges offer the opportunity to lay, which is to bet that a selection will not occur. This is the position bookmakers have traditionally taken when offering a bet to somebody to back that the outcome will win.

For example, if someone thinks Team A will win a competition, he may wish to back that selection. A bookmaker offering the punter that bet would be laying that selection. The two parties will agree the backer's stake and the odds. If the team loses, the layer/bookmaker keeps the backer's stake. If the team wins, the layer will pay the backer the winnings based on the odds agreed.

As every bet transacted requires a backer and a layer, and the betting exchange is not a party to the bets transacted on it, any betting exchange requires both backers and layers. Of course, the distinction is moot: A layer is always simply backing that the event will not occur. Laying the home team is the same as backing the visiting team to win or draw. Laying one horse in a race is just the same as backing all of the other horses to win.

The advent of the betting exchange has given rise to new type of gamblers - the "trader" and "arbitrageur". Arbitrageurs attempt to simultaneously bet on all possible outcomes to make a guaranteed profit. A trader operates similarly to an arbitrageur, but is willing to take on extra risk and bet on events where no immediate profit is possible. A trader hopes to make a profit by closing out the bet at a later stage at more favorable odds. Closing out a bet for profit involves collecting more money by laying than is paid out when the outcome is backed back. If the event does not occur then no money is lost.

Traders can make money by betting exclusively with betting exchanges or bookmakers, or by combining the two. The trader could lay at a low amount on a betting exchange and then back at a higher price with a bookie or another exchange. This must be done simultaneously to guarantee a profit or else the opportunity could quickly cease to exist with liquid markets quickly correcting prices and bookies trying to avoid being arbitraged.

Almost all betting exchanges charge commission on net winnings only, which suits the trader's high turnover, low profit strategy. The profit or loss for a trader will typically be no more than 10% of the total amount of his combined back and lay stakes - so to make meaningful amounts of money a trader needs to commit a relatively large amount of capital. The trader therefore runs the risk of having a large unwanted bet on an event if he is unable to close his position before the event starts (e.g. if there are technical problems with the exchange).

The fact gamblers can now lay outcomes on the exchanges has resulted in criticism from traditional bookmakers including the UK's "Big Three" - Gala Coral Group, Ladbrokes and William Hill. These firms argue that granting "anonymous" punters the ability to bet that an outcome will not happen is causing corruption in sports such as horse racing since it is much easier to ensure a horse will lose a race.

Exchanges counter that, while corruption is possible on any gambling platform, the bookies' arguments are motivated not by concern for the integrity of sport but by commercial interests. Exchanges also assert they are well aware of who their customers are and some have signed agreements with governing bodies of sport including the Jockey Club , with whom they insist they will co-operate with fully if the latter suspects corruption to have taken place. In the summer of 2004 , Betfair provided data to investigators, including the City of London Police which on September 1 lead to 16 arrests on charges related to race fixing . Among those arrested was champion jockey Kieren Fallon , whose name has now been cleared and all charges dropped.

* [ BBC article on how betting exchanges work]

* [ Bloomberg article on betting exchanges]

* [ Tactical Trader article about betting exchange trading]

* [ An analysis of the betting exchange industry]

Wikimedia Foundation . 2010 .

Look at other dictionaries:

Betting Exchange — L échange de mise (Betting exchange en anglais) est une forme de pari sportif où les mises de certains joueurs peuvent être échangées et rachetés par d autres joueurs. La technique inspirée des paris boursiers est interdite en France. Lien… … Wikipédia en Français

Betting strategy — A betting strategy or betting system is a structured approach to gambling, with a predefined set of actions for bet sizing and timing. Betting strategies are typical in any activity in which money is risked but where the participant has little… … Wikipedia

Betting (poker) — This article describes only the common terms, rules, and procedures of betting in poker. See poker strategy for the strategic impact of betting. In the game of poker, the play largely centers around the act of betting, and as such, a protocol has … Wikipedia

Betting in poker — Poker positions at a 10 handed table. This article is about the common terms, rules, and procedures of betting in poker only. For the strategic impact of betting, see poker strategy. In the game of poker, the play largely centers on the act of… … Wikipedia

Spread betting — is any of various types of wagering on the outcome of an event, where the pay off is based on the accuracy of the wager, rather than a simple win or lose outcome, which is known as money line betting. A spread is a range of outcomes, and the bet… … Wikipedia

Matched betting — Matched betting, or back and lay bet matching, (also referred in the United States as double betting) is a betting technique used by individuals to profit from the free bets and incentives offered by bookmakers. It is generally considered risk… … Wikipedia

Fixed-odds betting — is a form of wagering against odds offered by a bookmaker, an individual, or on a bet exchange. Contents 1 Calculating fixed odds 2 Types of odds offered 2.1 Fractional odds 2 … Wikipedia

Sports betting — is the activity of predicting sports results and placing a wager on the outcome. Contents 1 Types of bets 1.1 United States of America 2 Bookmaking 3 Odds … Wikipedia

Financial betting — refers to the wagering on the price development of a financial instrument at some later date relative to the current price or level of the instrument, against odds offered by a bookmaker. Maximum potential pay off of the wager is known when the… … Wikipedia

Parimutuel betting — (from the French language: pari mutuel , mutual betting) is a betting system in which all bets of a particular type are placed together in a pool; taxes and a house take or vig are removed, and payoff odds are calculated by sharing the pool among … Wikipedia

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