Today there are numerous betting exchange websites, where punters will place online bets. In such circumstances, the query comes in front of punters with which website can they start their online betting journey. If these queries are coming to mind? Then you come to the right website. Because in this article we’ll not only tell you, from which betting platform you can start your journey, but also we’ll tell you which sports are available on the orbit exchange.
So let’s move on to the main topic:
Read More: Orbit Exchange
What Is A Betting Exchange?
A betting exchange is when a player places a bet against another player rather than placing a bet against the bookmaker. That means the player can place an online bet against another player backing the opposite bet.
For example, you bet for Mumbai Indians to win the match, and another player places a bet for Mumbai Indians to lose the match.
So, your bet will stack against the player who placed the Against online bet. Usually, when using the Betting Exchange, Bookmakers take a small commission on the winnings.
Read More: Orbit Exchange Cricket
Advantages And Disadvantages Of The Betting Exchanges?
1. Advantages
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Fair Odds:
The Offered odds in Betting Exchange are more beneficial than the Odds offered by traditional bookmakers. This is frequently the case with Longshot Bets, which are given more useful odds.
Therefore, it is more advantageous to place the odds on the betting exchanges as they offer a better deal. Nonetheless, the betting exchange platform charges a small amount as a commission from the bet winner.
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Guaranteed Profit:
In betting exchanges, the player can book their returns before the start of a match. In this way, the player can also convert his/her losses into profits.
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No penalty for winning:
Sometimes bookmakers ban players when players win the bet. It especially happens in traditional betting exchanges. There are too many occurrences where players have been banned without any reason.
But, players aren’t banned from the Betting Exchanges platform. If any player has broken any rules of Betting Exchange or has done any illegal activity, then only Betting Exchange will proceed to ban the player.
Read More: Orbit x Exchange
2. Disadvantages
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Bonuses Available:
The significant disadvantage of the Orbit Betting Exchange platform is that it offers very limited bonuses & rewards. As well as Standard Online Sportsbooks usually provide Welcome Bonuses to new players. So that new users can bet comfortably. This is not the case with betting exchange sites.
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Lack of betting exchange sites:
Even today there is a limited number of Betting Exchange Sites in the market. And those available are known to very few people. This is the reason why people, even today, prefer to bet on traditional bookies.
However, there are some betting exchange sites like Orbit Exchange, and Matchbook which are revolutionizing sports betting.
Read More: Orbit Exchange Review
Features Of Betting Exchange Sites:
Attractive Bonus:
The Bonus Offers made for New Users on Betting Exchange Sites are quite attractive.
Mobile Experience:
In the Betting Market like the UK, USA & India, most punters prefer to use mobile smartphones for an online betting exchange.
Therefore, the Best Betting Exchange Sites usually have a good mobile smartphone experience.
When we talk about the awesome smartphone experience, we mean that whether the punters use the Betting Exchange Website from a mobile or a laptop, they get the same betting exchange facility.
Payment Options:
The most crucial part of any kind of betting exchange is the transfer of funds from the punter’s bank account to the punter’s Betting Exchange.
Because punters may have to make several payments to place different kinds of online bets.
Read More: Orbit Exchange Commission
Where To Do Betting Exchange In India
Orbit Exchange: This can prove to be one of India’s Best Betting Exchange Applications for Indians to bet in Indian Currency Rupee.
You can use a mobile or computer/laptop for betting on this betting exchange site (List Of Betting Exchanges).
Read More: Crypto Sports Betting Exchange
Which Sports Are Available On The Orbit Exchange?
Punters will be delighted to know that at the Orbit Exchange website, they can bet on more than 30 different sports games. like:
- Cricket
- Tennis
- Basketball
- American Football
- Baseball
- Horse Racing
- Rugby
- Rugby Union
- Gaelic Games
- Dart
- Card
- Esports
- Boxing
- Cycling
- MotorSport
- Netball
- Golf
- Ice Hockey
- Special Bets
- Snooker
- Hockey
- Politics, etc
FAQ
1. How Much Is The Orbit Exchange Commission
Ans: The Orbit Exchange Commission will be less than 4%.
2. Betfair Vs. Orbit Exchange Commission
Answer: Orbit Exchange charged users less than 4% commission on all win amounts. Orbit Exchange Commission is extensively lower than the standard nearly 5% charged by Betfair.
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