> For the complete documentation index, see [llms.txt](https://bookies.gitbook.io/bookies/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bookies.gitbook.io/bookies/products/exchange.md).

# Exchange

The flagship product on the Bookies platform is the sports betting exchange. As opposed to the sportsbook model where users trade against the house, sports betting exchanges provide a platform for users to compete directly against each other. For more information on why this is important, refer to the [FAQ section](/bookies/faq.md).