Powered by Betfair, Orbit Exchange is a betting exchange that offers interesting features, markets, liquidity and bet acceptance speed. This is as impressive if not better, than what is offered on the Betfair exchange.
Orbit X is an online marketplace where players bet against each other rather than against a bookmaker. With positive Orbit Exchange reviews coming in from all fronts, it has quickly become a bettor’s first choice due to the advantages it offers.
Read More: Orbit Exchange registration
What is Orbit Exchange?
Orbit Exchange acts as a marketplace for betting and is a great alternative for seasoned punters and others who want to practice exchange betting for sports or multiple markets. The platform offers lucrative betting profits. The platform also has a new casino and poker room feature, allowing players to compete across popular casino games such as blackjack and baccarat. The interface is visually appealing and is user-friendly, making it the ideal choice for first-time bettors.
The only odd format found in Orbit x is the European format. The maximum and minimum betting limits could differ since they rely on specific bets’ demands. They provide 100 percent settlement and can be highly competitive at times.
Read More: What is Orbit Exchange?
How to create an Orbit Exchange account?
To open an Orbit Exchange account, users need to register in its portal. They will then need to complete their KYC documentation before making a successful cash deposit.
First, you need to click on the “Create Account” button then enter your desired Orbit Username and Password. The Username should be at least five characters long, and in alpha numeri’s to ensure higher account security.
After the registration process, select the bookies of your choice and then make a deposit with one bookmaker.
Upload your documents for account verification (KYC). This should include a utility bill and a copy of your identity card. Click ‘Submit’.
You will receive an email with confirmation of verification and instructions for the first deposit in your registered email ID. If it does not reflect in your inbox, check Spam.
Login in to your account, and go to Deposit. Then, follow the steps displayed on your screen. A minimum deposit amount must be paid at the time of registration.
Read More: How to place back bet on Orbit Exchange?
What are the important features of an Orbit Exchange account?
Orbit Exchange allows punters to make several exchange bets on multiple sports and other markets, offering more avenues to maximize their betting profits.
Some of the most important features of an Orbit X account are as follows:
While Betfair runs the platform, Orbit Betting Exchange differs from it in almost all aspects. The difference between the two platforms is in their interface and how commissions are charged on winning bets. Their only identical feature is the liquidity and odds.
A minimum bet of € 7 (Euros) or an equivalent currency needs to be paid. Orbit Exchange customers can also freely negotiate rates with the agent/broker offering the Orbit Exchange account. Agents generally charge a commission rate of 3% on Orbit.
As the platform does not have premium charges, many Orbit Exchange customers prefer betting on this platofmr.
Some agents could impose a higher commission rate (e.g., up to 6%) if your account doesn’t yield them significant profits. On the other hand, other agents could also limit your account to prevent you from gaining overexposure.
The ‘CASH OUT’ button lets users lock their profit/loss even before the event is completed. All matched bets can be ‘Cashed Out’ using this button.
Read More: How to place a lay bet on Orbit Exchange?
Q. Is there any Orbit Exchange software or Orbit Exchange app?
Ans. While Orbit does not have software or apps, users can visit the official website to sign up and start competing.
Q. What documents do I need to produce?
Ans. You need to produce a photo identification (passport, citizen card, or photo driving license), along with proof of address dated within three months. Also, submit a bank statement of the account where funds are transferred to/from.
Q. What is the service cost?
Ans. The service is free of cost.
Q. What are the various payment methods?
Ans. Deposits and withdrawals are made via bank transfer. Meanwhile, other payment methods include net banking, credit card, debit card, and UPIs.
Q. Is there a minimum deposit and withdrawal amount?
Ans. A minimum deposit of €10 or currency equivalent is required. The minimum free withdrawal is €10.
Q. How do I withdraw my winnings?
Ans. Orbit X offers a straightforward process for customers looking to withdraw their winnings. Users simply need to request their withdrawal amount through the platform’s official website.