Orbit Exchange is currently one of the top-rated betting exchanges worldwide. It has earned a reputation as being one of the top Betfair white labels thanks to its unique web design and features, making it one of the most reliable exchanges for punters. Orbit Exchange is an online marketplace that allows players to bet against each other rather than a bookmaker.
What is Orbit Exchange?
Orbit Exchange is an online marketplace that allows bettors to bets against each other. It is different from a bookmaker, as players bet against each other instead of the bookmaker. Orbit Exchange offers several advantages that make it a top choice among users when compared to sportsbook markets. A major advantage is the large liquidity for a wide range of markets that cover sports such as cricket, football, tennis, and basketball at better prices.
Orbit Exchange was introduced in 2017. It presently has a large number of agents based in different parts of the world. Orbit Exchange reviews have been positive in its short operating period, with a large number of bettors declaring it the safest form of online betting. Additionally, Orbit x allows punters to make several bets across multiple markets.
The ‘back’ and ‘lay’ betting options allow punters to get the best odds and liquidity on the betting market. The platform offers bettors opportunities to trade and maximize their profit even before an event starts and in-game.
Currently, there are no Orbit Exchange software or Orbit Exchange apps. However, one can head to the Orbit Exchange website to sign up and start competing against other punters.
Orbit Exchange account features
Orbit Exchange offers certain key features to its customers. One should note that Betfair runs the Orbit Exchange platform although the two are anything but identical. Their interface is different and the commissions charged upon winning bets also vary. However, their liquidity and odds are identical.
Players can place a minimum bet of €7 or an equivalent currency, although bettors can negotiate with the agent/broker offering an Orbit Exchange account. The Orbit Exchange commission rate charged by agents is usually 3%, which is relatively lower than Betfair’s.
One of the major advantages of an Orbit Exchange account is that the platform does not include premium charges. Thus, Orbit Exchange customers shouldn’t worry about making additional payments to enjoy its features.
Some agents may, however, impose higher commission rates of up to 6 percent if they confirm that your Orbit Exchange account has failed to yield them significant profits. Other agents may limit your account features to prevent your exposure beyond a certain stage. All in all, the Orbit Exchange commission rate is fair, and this entices many punters to join the platform.
Read More: What is the Games section on Orbit Exchange?
Orbit Exchange sports
Orbit x Exchange reviews have been largely receptive due to the vast range of sports, events and betting markets offered.
Players can place bets on a numerous sports events, including national and international matches/competitions.
However, players will not be able to place bets on every sports event on offer. The sports match/tournament needs to be included and listed on the exchange. Moreover, there should be other punters willing to bet on the opposite outcome.
Listed below are the sports available for Orbit Exchange customers:
3) American Football
4) Horse Racing
5) Greyhound Racing
8) Australian Rules Football
14) Ice Hockey
19) Rugby League
20) Rugby Union
22) Gaelic Football
Q. What are the fees for Orbit Exchange?
Ans. Unlike other platforms that charge a flat fee, Orbit Exchange charges only 3% of your total winnings.
Q. What is the minimum stake on Orbit Exchange?
Ans. The minimum wager required for lay bets on Orbit Exchange is €6. If you wish to place a lay bet with a lower amount, such as €5 for a free bet, you will need to combine two free bets for your lay bet.
Q. Does the exchange make a profit?
Ans. Exchanges are paid commissions that generate turnover on the sportsbooks and betting exchanges. When a referral is made to a bet broker or betting software platform, they will receive a referral payment fee that is made by the firm providing the service.
Q. What are the various payment methods?
Ans. Deposits and withdrawals are generally made via bank transfer, along with other payment methods such as net banking, credit card, debit card, and all other UPIs (which might vary depending on your location).
Q. What is the minimum deposit and withdrawal amount?
Ans. The minimum deposit is €10 or currency equivalent and the minimum free withdrawal is €10. Payments are transparent both ways.
Q. How do I make a withdrawal?
Ans. The process of withdrawing is pretty straightforward. All one needs to do is request their withdrawal amount through the official website.
Read More: Orbit Exchange Commission
Read More: Introduction to Betting Exchange