It has to be noted that Betfair powers the Orbit Exchange platform if you are familiar with Betfair and the caliber of service they provide, you will know what to anticipate from Orbit.
However, if you have never used a betting exchange, you will immediately learn that it has several benefits over a traditional bookie. Since its inception in 2017, The Orbit Exchange has succeeded in establishing itself as a viable alternative for both new and aspiring professional gamblers as well as those without access to Betfair.
Read more: Games associated with Orbit Exchange
Sports available at Orbit Exchange
Depending on the sport of your choice, a broad variety of sports are accessible on Orbit, and you may make bets on a sizable number of events, national and international matches, games, races, and fights.
There are more than 20 available sports, but keep in mind that not all of them will be available for you to bet on because both the sport or event must be listed on the exchange and another bettor must be willing to wager on the opposite outcome.
The majority of the sports that are offered on Orbit are as follows:
- American football, basketball, and horse racing
- Australian Rules Boxing MMA Greyhound Racing Football\sTennis\sCricket\sSnooker\sBoxing
- Hockey on ice
- Soccer League
- Union Rugby
- Gaelic Football
Read more: Important features of Orbit Exchange
The majority of bookmakers provide casino games, and some even have a separate or integrated casino section. You can still play a variety of casino games on the Orbit platform, including Blackjack, Baccarat, Hi-Lo, Hold’Em, Omaha Hi, and Derby Card Racing, even though Orbit is an exchange and not a traditional bookie. Simply click on “Games” to access these games.
Let’s now examine the practical side to better explain how placing bets through Orbit Exchange actually works.
First, let’s talk about the commission. On all successful wagers, a commission of 3% is charged. On losing bets, there are no commissions or any expenses.
Let’s say a wager was made at odds of evens (2.0). Because both of you and the other gambler have placed equal bets, the winner will receive their entire stake. Therefore, if the two bettors in this hypothetical wager each staked $100, the winner would also receive an additional $100. In this instance, the commission would be assessed on the extra 100, making the total 3.
Since there is no commission on losing bets and none on the stake that is returned when the wager is settled, the bettor who lost the wager would only lose the amount specified in the wager. Only the money you win is subject to the commission while using Orbit.
Read more: Sports ideal for Orbit Exchange
Orbit Exchange Bet Status FAQs
1)What sports does Orbit Exchange offer?
Cycling Soccer League Union Rugby Volleyball Football Ice Hockey
2)What’s the commission on successful wagers?
3)What casino games are associated with Orbit Exchange?
Blackjack, Baccarat, Hi-Lo, Hold’Em, Omaha Hi, and Derby Card Racing.