Orbit Exchange is a marketplace where punters bet against each other rather than the platform. Since its inception in 2017, Orbit x Exchange reviews have been largely positive with more bettors from different parts of the world signing up and competing across its wide range of markets.
Read More: What is the Games section on Orbit Exchange?
What is Orbit Exchange?
Orbit Exchange is a betting exchange that serves as an alternative to Betfair. It is a web-based marketplace where bettors can enjoy a diversified range of benefits and features while placing bets against each other. It is one of the world’s top-rated platforms for betting and has been around since 2017. Orbit Exchange reviews have been receptive in the last five years or so and it is highly recommended by bettors around the world.
Orbit X is different from a traditional sportsbook offer, as the prices are better and it offers huge liquidity for a wide range of markets. With traditional bookmakers, there are limitations in terms of what a bettor can bet on. Orbit Exchange also takes a low commission on winnings, and there is no commission paid on losing bets.
What is my Orbit Exchange bet status?
Unmatched bets remain in the market as offers until a bettor decides on canceling them. Before or during an event, prices and available money constantly changes on an exchange, and punters will need to adjust their odds or stake to get it matched.
Thus, bets can be matched partially by the exchange. With unmatched bets, one might need to adjust the odds of the unmatched section of a partially matched bet. Once a bet has been accepted and matched, the next thing to do is to wait for the result after the market is settled.
Read More: How to place a lay bet on Orbit Exchange?
However, it is important to note that you won’t have a bet until your offer is matched by someone else on the market. If there is no one to match your bet before the market closes, you will get your money back without profit or loss.
Users can locate the status of their bets on the “My Bets” page. Thereafter, simply click on the down arrow next to your balance to select the option.
Features of Orbit Exchange account
While Betfair runs the exchange betting platform, it differs from Orbit X. The interface and commission charging process are different, although the liquidity and odds remain identical. This has resulted in positive reviews for Orbit Exchange.
Orbit Exchange agents charge a commission rate of around 4 percent, which is very low when compared to rates in Betfair.
Read More: How to place back bet on Orbit Exchange?
Moreover, Orbit Betting Exchange does not levy premium charges, making it a great platform for both professional and first-time bettors.
Orbit Exchange casino and poker room
Aside from sports exchanges, Orbitx bet has added a new casino and poker room feature where guests can play popular casino games such as blackjack and baccarat. The visually-appealing interface and user-friendly website help create an immersive experience for players.
Do note that currently, there is no Orbit Exchange software or Orbit Exchange app and users will need to head to the official website to sign up and compete.
Orbit Exchange odds format
Orbit Exchange follows a European odd format. The maximum and minimum betting limits could also differ. The platform provides 100 percent settlement and can be highly competitive.
Major Benefits of Orbit Exchange
Orbit Exchange provides a beautiful user interface and of course, a wide range of markets. There are also zero premium charges, which makes it unique, affordable, and highly competitive. Furthermore, punters can generate maximum betting profits through this marketplace. To sum it up, it is one of the best betting platforms owing to its low-risk, high-profit betting probability.
Read More: Orbit Exchange commission
Q. How much is the service?
Ans. Orbit Exchange does not charge any fee for its service. Registration is completely free.
Q. What are the payment methods offered?
Ans. There are several payment methods including deposits and withdrawals via bank transfer, and at times, crypto. Orbit Exchange customers will receive our bank details after setting up their account following which they can contact us for our payment details.
Q. What is the minimum deposit and withdrawal?
Ans. The minimum deposit is €10 or currency equivalent. The minimum free withdrawal is valued at €10.
Q. How do I withdraw my winnings?
Ans. Orbit Exchange customers need to request their withdrawal amount via our official website.