Different sports available on Orbit Exchange: What is the games section? December 5, 2022 – Posted in: Featured Articles – Tags: back bet, lay bet, Orbit Exchange, orbit exchange sports, Types of Betting

Online betting has spread far and wide and is a competitive form of competition on the internet. With internet services reaching almost every corner of the globe, individuals now have better access to betting markets especially when it comes to sports and games. Let’s look at some important aspects of betting, along with what Orbit Exchange is about and what it offers.

Introduction to Orbit Exchange

Most punters have relied on bookmakers to place bets due to the wide range of markets they offer, but that’s changing. In recent times, betting exchanges have grown in popularity, and is generally carried out through Orbit Exchange, a platform for punters to place bets across a wide range of sports and games.

Orbit Exchange is an online marketplace that allows punters to bet against each other. With Orbit Exchange, players bet against the platform and have a number of advantages in comparison to sportsbook markets. These include large liquidity for a range of markets that cover many sports at prices that are generally better.

Orbit Exchange was introduced in 2017 and is powered by BetFair. It has spread far and wide to various parts of the globe. It is also one of the safest forms of online betting, as it allows bettors to make exchange bets across various markets, allowing them to maximise their profits.

Games section on Orbit Exchange

Orbit Exchange has gained popularity as it offers a wide range of sports betting options along with table games such as Blackjack, Baccarat, Hi-Lo, Hold’Em, Card Derby Racing, and Omaha Hi. This contradicts popular belief that Orbit Exchange offers markets only on sports events. There are numerous casino and card games for punters to compete in, which has made the overall experience of using Orbit Exchange even more interesting.

Which sports are available on Orbit Exchange?

There are many sports disciplines that are covered under Orbit Exchange markets. The list of sports available to place bets on under your Orbit Exchange account is as follows:

Cricket, Football, Tennis, Basketball, MMA, Boxing, Golf, Athletics, E-sports, American Football, Horse racing, Rugby, Baseball, Australian Rules, Cycling, Darts, Greyhound racing, Handball, Ice Hockey, Motorsports, Gaelic games, Netball, Snooker, and Volleyball.

Types of bets on Orbit Exchange

Betting exchanges involve two different types of players. The first is a player who places a ‘back’ bet, wherein a player chooses an outcome of a game while deciding the stake. Back bet are similar to placing bets with a bookmaker.

The other type of player is on Orbit Exchange is one who places a ‘lay’ bet, which is basically betting against the outcome of a match or particular event. Here, you place bets on a team taking on a team considered match favourites. The best part about this is that you not only bet on the team that is considered favourites to win, but also place additional bets against the losing side. The difference here though, is that you are matched against other players on the exchange and not against the bookmaker.

*Note: There will likely be a minimum deposit amount at the time of registration.

FAQs

Q. Do I need documents to sign up with Orbit Exchange?

Ans. Documents such as photo identification including passport, citizen card, or photo driving license, along with proof of address dated within three months such as an electricity bill, credit card bill, or a bank statement will need to be produced. You will also be required to provide a bank statement of the account where the funds should be transferred to/from to comply with international AML standards.

Q. Is there a service charge?

Ans. The service is free of cost and there are no hidden charges. Customers need not worry about making extra payments.

Q. What are the various payment options?

Ans. There are several payment options with Orbit Exchange. Deposits and withdrawals are made via bank transfer, while other payment methods such as net banking, credit card, debit card, and UPIs are also part of the transaction process. Customers will receive our bank details at the time of setting up their bank accounts.

Q. Is there a minimum deposit and withdrawal amount?

Ans. There is a minimum deposit of €10 or an equivalent currency amount while the minimum free withdrawal is €10 (equivalent currency).

Q. What is the withdrawal process?

Ans. Orbit Exchange offers a fairly straightforward process for cash withdrawals. Customers will simply be required to request their withdrawal amount through the official website.

Q. What does the betting exchange get in return?

Ans. Exchanges generate turnover on the sportsbooks and betting exchanges that they offer. They also receive a referral payment fee that is made by firms that provide the service when referrals are made to bet brokers and various betting software platforms.