Orbit Exchange, often referred to as OrbitX, stands out as a premier platform in the realm of betting exchanges, offering a plethora of sports and markets for users to wager on. With OrbitX, users can experience seamless and user-friendly betting, making it an ideal choice for both novices and seasoned bettors. Orbit x Exchange distinguishes itself by providing competitive odds and a wide range of betting options, enhancing the overall betting experience for its users. The platform’s emphasis on security and transparency has earned it a commendable reputation in the betting exchange industry. Whether you are interested in traditional sports or looking to explore newer markets, Orbit betting Exchange is a go-to destination for diverse betting pursuits.
What is orbit exchange?
Orbit Exchange is a web-based marketplace that is very different from traditional betting. Here, players place bets against each other. Along with this, you can enjoy a variety of benefits and facilities. This is the reason for its increasing popularity and now it is being highly recommended by so many bookmakers around the world. If you want to practice exchange betting for multiple markets then this is the easiest way for you. Under this, you can also increase your betting profits.
It is surely one of the easiest and most useful platforms which constantly modifies itself based on user feedback and experience. Not only can you expand your market by betting on a variety of sports, but you can also get better value for your money. It acts as a potential marketplace in the world of betting. In this, you get a wide range of betting markets, high liquidity, and bet acceptance speed. Therefore, we are giving you every detail about this further, so that it is easy for you to understand it and you can take the first step in the world of this orbitx bet without any problem.
Sports Available on Orbit Exchange
It offers a diverse range of sports, allowing bettors to choose from a wide array of events. Here are some of the sports available on orbit exchange that are generally available on the platform:
Football (Soccer):
- International Tournaments
- National Leagues
- Club Matches
Tennis:
- Grand Slams
- ATP and WTA Tournaments
- ITF Matches
Cricket:
- International Series
- T20 Leagues
- One Day Internationals
Basketball:
- NBA
- EuroLeague
- National Leagues
Horse Racing:
- Major Races
- Regular Meetings
Golf:
- PGA Tour
- European Tour
- Majors
Boxing:
- World Title Fights
- Undercard Bouts
Rugby:
- International Matches
- Club Matches
MMA/UFC:
- Title Fights
- Regular Bouts
American Football (NFL):
- Regular Season
- Playoffs
- Super Bowl
Baseball (MLB):
- Regular Season
- Playoffs
- World Series
Ice Hockey (NHL):
- Regular Season
- Stanley Cup Playoffs
Formula 1:
- Grand Prix Races
- Cycling:
- Grand Tours
- One-Day Races
The availability of sports may vary, and additional sports and events may also be available depending on the season, international sports calendar, and user demand. Always refer to the Orbit x Exchange platform for the most up-to-date and accurate listing of available sports and events.
What is a Back Bet in Orbit Exchange?
In betting terminology, a “Back Bet” is a common type of bet where you wager money on a specific outcome occurring. In Orbit betting Exchange, placing a Back Bet means you are betting on a particular outcome to happen, such as a team winning a match, a player scoring a goal, or a horse winning a race.
How it Works?
When you place a Back Bet, you are essentially taking odds that are set by another bettor or by the market. If the outcome you’ve bet on occurs, you win the bet, and the payout is determined by the odds you accepted when placing the bet.
For instance, if you back a football team to win a match with a £10 stake at odds of 2.0, you stand to win £20 (including your stake) if the team wins. If the team loses or draws, you lose your £10 stake.
Read our twenty20 betting Blog if you want to get deep information about T20 Betting.
Steps to Place a Back Bet on Orbit Exchange:
- Log in to Your Account: Start by logging into your Orbitx bet account.
- Select a Sport and Market: Choose the sport you are interested in from the available options, and then select the specific market you want to bet on.
- Choose Your Outcome: Once you’ve found the event you want to bet on, look for the outcome you want to back.
- Enter Stake: After selecting the outcome, enter the amount you want to stake.
- Place Your Bet: Confirm your bet by clicking the ‘Place Bet’ button.
- Review Your Bet: After placing your bet, review it in the ‘My Bets’ section to ensure everything is correct.
Benefits of Back Betting on Orbit Exchange:
- Variety of Markets: Orbit betting Exchange offers a plethora of markets to place back bets on, catering to diverse preferences.
- Competitive Odds: The platform provides competitive odds, enhancing potential returns for successful bets.
- User-Friendly Interface: The intuitive interface of Orbit x Exchange makes it easy even for beginners to place back bets.
What is a Lay Bet in Orbit Exchange?
In Orbit Exchange, a “Lay Bet” is the opposite of a “Back Bet”. When you place a Lay Bet, you are betting against a specific outcome occurring. Essentially, you are acting as the bookmaker, offering odds to other bettors on a particular outcome, which you believe will not happen.
How it Works:
When you place a Lay Bet, you offer odds on an outcome you think will not occur. If the outcome does not happen, you win the bet. However, if the outcome does occur, you have to pay out the winnings to the back bettor, which can be more than your original stake.
For example, if you lay a horse with a £10 stake at odds of 3.0, you risk losing £20 if the horse wins, but you win £10 if any other horse wins the race.
Steps to Place a Lay Bet on Orbit Exchange:
- Log in to Your Account: Access your Orbit betting Exchange account by entering your credentials.
- Select a Sport and Market: Choose the desired sport and specific market you wish to bet on.
- Choose Your Outcome to Lay: Find the event and select the outcome you want to lay against.
- Set the Odds and Stake: Decide the odds you are willing to offer and the amount you want to risk.
- Place Your Bet: Confirm your bet details and place the lay bet.
- Review Your Bet: Check your placed bet in the ‘My Bets’ section to ensure accuracy.
Benefits of Lay Betting on Orbit Exchange:
- Opportunity to Act as Bookmaker: Lay betting allows you to offer odds, acting as the bookmaker.
- Wide Range of Options: Orbit x Exchange offers extensive options across different sports to lay bets on.
- Market Flexibility: You have the flexibility to set your odds and stake, offering room for strategic betting.
Lay Betting on Orbit Exchange is an intriguing approach to betting, allowing bettors to wager against the occurrence of specific outcomes. It adds a new dimension to the betting experience and offers the opportunity to strategize and potentially profit by acting as the bookmaker. Understanding the mechanics of lay betting is essential for anyone looking to explore the full range of betting options available on Orbit x.
Orbit Exchange Commission
Orbit betting Exchange charges a commission on the net winnings of a bet, which is typical for betting exchange platforms. The commission rate can vary, but it usually ranges from 2% to 5%. It is crucial to understand the commission structure as it affects your overall profit.
How it Works:
- If you win a bet, it will deduct the commission from your net winnings.
- If you lose a bet, there is no commission charged.
- The commission is typically calculated on the market base rate, but discounts might be applicable based on the bettor’s activity level on the platform.
Example:
Suppose the market base rate is 5%, and you win a bet with net winnings of £100. It will deduct £5 as commission, and you will receive £95.
Key Points to Consider:
- Impact on Profit: Understanding the commission rate is essential as it directly impacts your profitability on winning bets.
- Variation in Rates: Commission rates can vary, and it is advisable to check the current rate on the Orbit betting Exchange platform or with customer service.
- Discounts & Promotions: Keep an eye out for any promotions or discounts on commission rates offered by us.
The commission structure of Orbit x Exchange is a crucial aspect that all users should understand clearly. While the commission is only applied to net winnings, knowing the rate can help bettors manage their betting strategy efficiently, optimizing for the best possible returns. Always refer to the platform’s terms and conditions for the most accurate and current information on commission rates.
Orbit Exchange Reviews
It has carved a niche in the betting world, promising users a comprehensive and seamless betting experience. Here, we’ve compiled a balanced view based on user reviews, covering various aspects of the platform. Orbit x Exchange generally receives positive reviews for its diverse markets, user-friendly interface, secure transactions, and mobile experience. However, there is room for improvement in customer support response times and commission charges
User Interface and Experience
Users generally find Orbit Exchange to be user-friendly with a clean, intuitive interface, making navigation and placing bets relatively straightforward. The simplicity and ease of use have been highlighted as notable positives by new and seasoned bettors alike.
Market Variety
It receives substantial praise for offering a diverse range of betting markets. From sports to politics, users appreciate the plethora of options available, allowing them to explore and engage in varied betting activities.
Transaction Security and Payment Options
Users seem to be content with the secure transaction processes on Orbitx bet. The platform provides multiple payment options, including cryptocurrency, enabling users to choose their preferred transaction method, adding to the overall convenience.
Customer Support
The customer support response has mixed reviews. Some users report efficient and prompt support, while others have experienced delays. Improvement in response time seems to be a common suggestion from users facing this issue.
Commission and Charges
Users have expressed satisfaction with the transparent and competitive commission structure on Orbit Exchange. However, a few users would prefer a reduction in commission on winning bets to enhance the overall appeal of the platform.
Mobile Experience
The mobile experience is well-received, with users noting the optimized and responsive design. This feature ensures that bettors can place and monitor their bets on-the-go, maintaining the platform’s accessibility and convenience.
How is orbit exchange different from regular betting?
It differs from regular betting in several ways. As we told you, here players bet against each other. It changes your betting experience to a great extent which helps you to emerge as a better player and you can fill your purse quickly by earning more money. Apart from this, there are a lot of other differences as well, about which we are telling you below.
- In this type of betting, the commission on the winning bet is different and better.
- Its interface is different in many ways and you get a simple and easy-to-use interface.
- You cannot directly apply for an account in this. For this, you should use a betting broker/agent to create orbit exchange account.
- This increases the scope of your betting whereas in normal betting you are very limited in the number of bets you can place.
- At Orbit betting Exchange, you get great features, a fast and reliable platform, and a high bet acceptance rate.
What are the features of orbit exchange?
As we mentioned, the features of this kind of betting are different and better than regular betting. So let’s take a look at what those features in Orbit x Exchange make it special.
Huge liquidity:
Liquidity generally refers to the ease with which an asset can be converted into ready cash without affecting its market price. In this, you get huge liquidity so that you can easily convert your earned money into cash.
Dynamic:
This is active and dynamic. It keeps on changing over time so that you get the freshest experience in the market. In this, you are not bound by any one limit, but along with the experiment, you get very large dynamic circumstances.
Cash Out:
The biggest and best feature of this is “cash out”. If during any game you feel that you are not sure that you will win, you can select the cash-out option. This will give you a chance to get a fraction of the money you wanted to win before the game is over.
Fluctuations:
It is one such platform that is not bound by any limit. In this, you will see constant fluctuation. Punters keep changing their bets according to the market and the game and you will see a lot of ups and downs in a short amount of time.
Highly competitive:
Because this bet is played not with bookies, but with players, it can sometimes be very competitive. This competition between bookmakers keeps on increasing and players indulge in this competition so much that they want to win the bet in any condition.
Read more: How to place back bet on Orbit Exchange?
What are the advantages or benefits of orbit exchange?
There are many advantages of orbit x. This is such a facility that you can fill your pockets in less time. Let’s take a look at the benefits of this type of betting.
You can set your odds:
The great thing about this type of betting is that you can set your odds if you are not satisfied with the odds that are going on. When someone sees your odds and selects them, it means that he is ready to bet on your odds.
Low commission rate:
The commission rate in orbit exchange is much lower than in normal betting. In most places, it is only 3-5 percent. In such a situation, your winning earnings remain with you instead of going into someone else’s pocket.
Highly nominal platform:
It charges much less money than usual. So you can stop worrying that batting will empty your house. You can also fulfill your hobby here and you will not lose much money even if you lose.
Zero premium charges:
In many places, some premium charges have to be paid for betting, but this is not the case in Orbit Exchange. You can start your account at no premium charge and place your bets at the odds of your choice when betting.
Maximum betting profits:
It gives you the best value for your money. Under this, you can increase your money as quickly as possible. If you want to get the right value for your investment, then Orbit Exchange is the one for you.
Why should I go for orbit exchange?
Apart from the benefits mentioned above, there are many reasons why you should try Orbit Exchange. The biggest reason for this is the cash-out option. You can save even after you lose your money. Let’s say there is a match going on and you are in the middle of the game thinking that you have put money on the wrong team today. It has no chance of winning and you are getting a bit nervous now. In this case, all you have to do is select the cash-out option. In this case, you will withdraw your hand from that bet and earn a chance to get back some part of the money you have placed.
Apart from this, if you are looking for the best liquidity rate in the market or you want to try comprehensive trading, then Orbit x Exchange is for you. We are also going to give you all the information about how you can open your account for Orbitx bet and how to bet on it.
Read more: How to open an Orbit Exchange account?
How to make an account in orbit exchange?
You cannot open your account directly on Orbit x as in normal betting platforms. For this, you will need a broker or agent. Although it is not as difficult as it seems because we give you better options for the same. You connect to a broker to create your account. Try to be someone who knows his work properly.
A broker or agent will comprehensively guide you on the next steps and strategies to get you through this platform without any hassles. This is the best way to log in or sign up on the Orbit betting Exchange platform.
When you approach a broker, they will first help you access the site. After that, it will open your account without any difficulty and then you will be able to enter in this world. For this, you will not spend much money and you will get a completely new experience.
Read more: Which sports are available on Orbit Exchange?
How does orbit exchange work?
After you have created and logged in to your account with the help of a broker on Orbit Exchange, you should follow the following steps for a successful bet.
- When you log in, the first thing you’ll see is a variety of game options. Select the game you want to bet on in orbitx bet.
- Once you select your sport, then you will see all the live or upcoming matches related to that sport. You can choose any match option from this.
- You can then see the running odds on these games. If you agree with someone’s odds, you can place a bet by selecting their option. If not, you can also set your odds and place a bet request. If someone likes your odds, they will bet with you.
- After placing a bet, you now have to wait for the game to end. During this time you can also see fluctuations and also see the odds go up or down depending on the game. At this place, if you want, you can choose the cash-out option.
- After this, if you win, you can easily cash out your money and the commission rate for this is also very low.
Read more: Overview of Orbit Exchange Brokers
How to win in orbit exchange?
There are two types of bets you can place on Orbit Exchange. First back bet and second lay bet. In a back bet, the liability is always equal to the stake amount, you can lose more than you have a bet. In this, you will always need a given result to win. Whereas in a Lay bet, there are three elements -The backer’s odds, the Backer’s stake, and Your liability. The backer’s odds are those at which the other punter places the back bet. Based on the odds and the backer’s stake your liability will be calculated and this liability is the amount that you would need to pay the other punter if they win the bet.
But if you win this bet you will be paid accordingly. The back bet is risky but the profit is also high, whereas the risk is slightly less in the lay bet. You can choose any bet at your convenience and then earn money accordingly. After winning you can easily convert your money into cash and this money will be deposited in your account which you can use as per your wish.
FAQs
1. How different is orbit exchange from normal betting?
In orbit Exchange, players place bets against each other. It has great features, a fast and reliable platform, and a high bet acceptance rate.
2. Can you set odds in orbit exchange?
If you are not satisfied with the odds that are going on, you can set your odds and place a request to other players to bet with you on your selected odds.
3. Can I make an account for orbit exchange myself?
You need a broker or an agent to make an account for the orbit exchange. However, it is easy and convenient. A broker will help you access the site and will open your account without any difficulty.
Other Betting Exchange Articles
- How to Sign in to Orbit exchange site
- Best Betting Exchange sites
- orbit exchange reviews
- how to create orbit exchange account online
- orbit exchange commission
- Crypto betting on orbit exchange
- Important features of Orbit Exchange Account
- orbit exchange brokers
- How to open an Orbit Exchange account from Orbit Exchange Portal
- What is an Orbit Exchange account
- What is the commission on Orbit Exchange
- Which sports are available on Orbit Exchange
- What is the Games section on Orbit Exchange
- How to place back bet on Orbit Exchange
- How to bet with your own odds on Orbit Exchange
- What is my Orbit Exchange bet status
- Orbit Exchange cash out option
- Betting Exchange cash out option
- How to change the password in Orbit exchange account
[…] Read more: What is orbit exchange? […]
Hi there! I’m at work surfing around your blog from my new apple iphone!
Just wanted to say I love reading your blog and look forward to all your posts!
Carry on the fantastic work!