First introduced in 2017, Orbit Exchange has become one of Betfair’s top white label platforms. Owing to its lucrative perks, it has gone on to become a favorite choice for bettors over a short span of time. Moreover, Orbit Exchange offers several advantages over bookie sites, attracting a large number of punters when compared to sportsbook markets.
Read More: What is Orbit Exchange? Introduction and features
Introduction to Orbit Exchange
Orbit Exchange is a sports exchange operator that offers punters a wide range of features and benefits while betting. It is presently considered one of the most reliable betting exchanges in the world.
Unlike with traditional bookmakers, where bettors have limited betting options, Orbit Exchange offers its users more advantages than disadvantages. Orbit Betting Exchange has ‘back’ and ‘lay’ bets that allows players more flexibility, letting them consolidate their place in the market(s).
With Orbit Exchange, bettors can exchange bets across various sports markets and other events, while offering users a number of ways for them to maximize their profits. The features are interesting, fast and reliable, and have a high bet acceptance rate, which makes it a better choice than Betfair.
Orbit Exchange reviews have shown that bettors have suffered lower financial losses while profits have been higher than when placing bets with a bookmaker.
Read More: How to place a lay bet on Orbit Exchange?
Orbit Exchange benefits
Orbit Exchange reviews have been positive since its inception in 2017. There is no dedicated Orbit Exchange software or Orbit Exchange app, but customers can head on to the official website, sign up, and begin competing across a wide variety of markets.
A wide range of sports are offered by Orbit Exchange including cricket, football, tennis, basketball, athletics, American football, horse racing, rugby, and motorsports, besides several other disciplines.
Read More: How to place back bet on Orbit Exchange?
Orbit Exchange also offers highly competitive odds compared to other exchanges. The platform follows a European odds format, which makes it is easier for users to analyse and understand the odds before placing a bet. Orbit Exchange aims to increase users’ profitability with a lower risk, while sustaining its own business model by charging a small commission for each bet won by a punter.
Let’s break down the benefits of betting on Orbit Exchange:
- User-friendly interface: Orbit Exchange provides a user-friendly interface. The design and intuitive layout allow users to quickly find and place bets on various sports events.
- Wide range of markets: Users can access a diverse selection of sports markets. These include popular sports like football (soccer), cricket, tennis, horse racing, and more. The availability of various sports and events ensures users have many betting options.
- Back and lay betting: Orbit Exchange supports both traditional “back” betting and “lay” betting. This flexibility allows users to take different positions on sporting outcomes.
- Competitive odds: Odds in Orbit Exchange are determined by the supply and demand of bets in the marketplace. Higher liquidity markets often result in more competitive odds, allowing users a fair betting environment.
- In-play betting: In-play or live betting is available on Orbit Exchange. It allows users to place bets on events that are already in progress. This feature adds excitement to the betting experience, as odds can change rapidly during live events.
- Cash-Out option: Orbit Exchange offers a Cash-Out feature that lets you settle your bets before the event ends. This allows users to secure profits or limit losses based on the current status of their bets.
- Low minimum bet amount: Orbit Exchange offers a low minimum bet amount. Thus, it is accessible to a wide range of bettors. This ensures that even casual bettors have the opportunity to participate.
- Multiple betting options: Users can choose from various betting options, such as match winner, over/under goals, or top scorer. The platform offers a wide selection of bet types.
- Secure transactions: The platform prioritizes the security of user data and funds through encryption and other security measures, thus, users can expect a safe and secure betting environment.
- Mobile compatibility: While there is no Orbit Exchange app at present, users can visit the official website to place bets from their smartphones or tablets on the go.
Orbit Exchange commission and charges
Orbit Exchange customers need to place a minimum bet of €7 or its equivalent. Players can, however, negotiate their rates with the agent/broker offering the Orbitx Bet account. Most agents charge an Orbit Exchange commission rate of 3 percent, which is still lower than the rates on Betfair.
Read More: How to change your password on an Orbit Exchange account
How to sign in/login in to Orbit Exchange
First time users might wonder how to sign up with Orbit Exchange. The steps listed below explain how one can sign in or login to Orbit Exchange sites:
1) Complete the registration process.
2) Click on the Register button
3) You will need to select the bookie of your choice before clicking on ‘Register’
4) Login with your registration details (username and password)
5) Upload your documents for account verification (KYC) such as a utility bill and a copy of your identity card. Click Submit
6) You will receive an email with confirmation of verification and instructions for your first deposit (Check Spam)
7) Log in to your account, go to Deposit and follow the mentioned steps to complete your registration
Once you have signed up with Orbit Exchange, simply login using your username and password.
Read More: Orbit Exchange registration
FAQs
Q. What documents are required to register with Orbit Exchange?
Ans. Orbit Exchange customers are required to produce their photo identification (passport, citizen card, or photo driving license) along with proof of address with a maximum backdate of three months. An electricity bill, credit card bill, or bank statement will suffice. You will also be required to provide a bank statement of the account where the funds will be transferred to/from. Information is not shared with any third party without the consent of the customer.
Q. What are the service charges?
Ans. The service is free and Orbit Exchange does not levy any hidden or premium charges.
Q. How does Orbit Exchange make its profit?
Ans. Orbit Exchange generates a turnover on sportsbooks and betting exchanges, besides receiving a referral payment fee made by firms providing the service, when made to Orbit Exchange software platforms.
Q. What payment methods are offered?
Ans. Deposits and withdrawals are usually made via bank transfer. Other payment methods include net banking, credit card, debit card, and UPIs. Customers will receive our bank details while submitting their bank account details.
Q. What is the minimum deposit and withdrawal amount?
Ans. The minimum deposit amount is €10 or currency equivalent to the amount depending on the country one resides in. The minimum free withdrawal is €10 or equivalent currency.
Q. How can I withdraw my earnings?
Ans. Withdrawing with Orbit Exchange is simple. Customers will need to request their withdrawal amount through the official Orbit Exchange website.