Betting exchanges are popular among bettors because they are allowed to bet against other bettors. They can set their own odds or accept odds form another bettor. Not all betting sites are the same. Exploring the best betting exchange sites and how they work can help bettors find the choice that suits them better.
What Are the Best Betting Exchange Sites?
The most popular betting exchange sites are Betfair, Betdaq, Smarkets and Matchbook.
Betfair
It is by far the biggest and most popular betting exchange in the world. It offers a wide range of markets, high liquidity and user-friendly features and tools. Both beginners and experienced bettors prefer it regardless of the fact that it charges the highest commission fees of all.
Betdaq
Betdaq is a trusted betting exchange offering competitive odds and low commission rates. It is especially popular for horse racing and football markets and it is a good choice for bettors who are into value betting.
Smarkets
Smarkets has a modern platform and it stands out for its very low commission fees. It is ideal for bettors who want to bet simply and cost-effectively.
Matchbook
This betting exchange is popular for its low commission fees and it is appealing to bettors who like to bet on football, tennis and horse racing.
Although these platforms are the best betting exchange sites, not everyone around the globe can use them.
Why Not Everyone Cannot Have Access to the Best Betting Exchange Sites
Even though Betfair, Betdaq, Smarkets and Matchbook are among the best exchange sites, they are not available to everyone. Some countries have strict gambling laws that block access to these platforms. There are other reasons as to why these platforms are not always accessible.
Geographical restrictions
These platforms do not operate in all countries and they are unavailable because of local laws.
Regulatory issues
Some governments do not allow online betting or limit access to international betting sites. This makes it hard for people to open an account and place bets.
Payment barriers
Even if the platforms are allowed in some countries, certain payment options might not work. This makes depositing and withdrawing money difficult.
For these reasons, and because bettors also like to expand their options and see what else is out there, many people look for alternatives to the best betting exchange sites.
Alternative Options to the Best Betting Exchange Sites
If the best betting exchange sites are not available, bettors do not need to worry. There are plenty of good options available in online sports betting. These alternatives work in many countries and still offer the benefits of the best betting exchange sites.
Orbit Exchange
Orbit Exchange is the most popular Betfair alternative. It offers almost the same features as Betfair, including high liquidity and competitive odds. Many bettors can call it a “mirror site” of Betfair because it uses the same betting pool. Orbit Exchange is accessible in countries where Betfair is restricted and it is available only through a betting broker.
Winfair24
Winfair24 is another good alternative to the best betting exchange sites. It allows bettors to access a wide range of sports and markets with additional features and tools. Bettors can also enjoy a selection of exchange games and casino games. Registration is fast and can be done through a broker. It offers low commission rates and attracts many bettors looking for value.
Betnfair
Betnfair is a solid option especially for those looking to bet on horse racing with the lay option available. It is very easy to use and it offers live betting options. It also offers access to Betfair, Betdaq and Matchbook pool.
These Betfair alternatives make it possible for bettors from restricted areas to enjoy similar benefits to the best exchange sites. They are all accessible through a betting broker who is responsible for handling the accounts and providing customer service to help users with any issues.
In Short
The best betting exchange sites are Betfair, Betdaq, Smarkets and Matchbook. They are great for bettors who want good odds and like to bet against other bettors. But not everyone can access these platforms due to various reasons. Bettors who face these issues can choose alternative options that offer similar experience to the best betting exchange sites.