This blog will discuss the best sports betting exchanges in the world based on three critical criteria; markets, liquidity and commission rates.
You can click on both links to learn about the best top sports betting apps and the betting exchange app development processes.
The content provides a list of the best betting sports betting sites, explaining why they rank top and how exchanges work.
There are some mechanics behind how betting exchanges work and because we believe its important to understand them, we will also describe what online betting exchanges are.
In simple terms, a betting exchange site is an online platform that allows users to sign up, log in and place bets against each other on outcomes. It is unlike the traditional betting system where players bet against the bookmakers.
In betting exchanges, the gamblers may act as the bookmakers to set odds and betting options in what we call lay betting. Another player can do a back betting, which is betting against the prediction of the other players.
The betting exchange major means of earning is through exchange commissions on winning. There is no universal percentage for this but it starts from 2% to 10%.
What are the premier sports betting exchanges in the world?
Betfair – The Top Best Sports Betting Exchange
Betfiar officially came into the betting industry in 2012 through the launching of its sportsbook and exchange. They came with a game changer approach because they had two highly demanded platforms that can work hand in hand.
Betfair shortly evolved to be the best stop destination for sportsbook operators and online gamblers. So far, they cover the best betting markets and provide huge liquidity for back and lay betting.
As an exchange, Betfair offers traders the best odds, giving them the freedom to switch from casino, to sportsbook. Over the years, they have evolved to become one of the best partners of traditional bookmakers while also leading the betting exchange app market.
Betfair Payment Processing Options
It features the best sports betting payment processing options in the market. This includes big names and brands wo have built their reputation over time in the betting industry. they include; PayPal, Skrill, VISA, Maesro, Muchbetter, Mastercard, VisaCard, etc.
The Key Features of Betfair Online Betting Exchange
- Best Odds Guaranteed
- Live Stream
- Asian Handicap
- Bet Builder
- Acca Insurance
- Early payout
- Welcome / sign-up offer
- Odds Boosts
- In-play
- Cash Out
- Partial Cash Out
- Free Bet Club (or similar)
- Exchange betting
- Spread betting
- In-game statistics
- Pre-match form/statistics
- Request a bet (or similar)
- Virtual sports
Dafabet – Best Sports Betting Exchange Site
Here is one of the best betting exchange apps with gambling licenses from the UK and the Curacao Gambling Commissions.
It comes with several attractive features including back and lay bets, accumulator bets (gamblers increase their winnings using multiple parlay) and the cashout option.
Dafabet also offers betting options and opportunities on varying betting markets including prominent games like horse racing, football, tennis and many more.
The betting exchange also offers some attractive features like promotions and bonus offers for new and existing users. Once you sign up and log in, you will get a new starter pack reward and it will run through the first month.
Like several traditional sportsbook software platforms, users can share their affiliate marketing links to earn extra.
Dafabet Payment Processing Options
Its payment processing platforms cryptocurrencies payments, payment by bank cards, e-wallets and online transfers.
The betting platform is very secure for users, including sharing of their personal details.
Betdaq – Top Online Betting Exchange
Established in 2000, Betdaq is also another top exchange in the online betting industry with some game-changing offerings. They are ranked second biggest betting exchange service providers in the UK after Betfair.
They offer varying betting options and cover a large market. Commission rate is low as 2% while many other exchanges charge up to 5%. Odds are fantastic too.
Plus, all new 18+ customers get to enjoy up to 100 days of commission-free profit taking on the platform.
If you are an online gambler with some love for arbitrage betting, Betdaq is your go-to betting exchange.
Betdaq Betting Exchange Payment Processing Options
In comparison to what Betfair offers, Betdaq has few payment processing options but they are big names with credibility in the betting industry. these include; Skrill, Neteller, PayPal Fast Bank Transfer, Trustly, MasterCard and Visa.
The Key Features of the Betdaq Sports Betting Exchange App
- Asian Handicap
- Bet Builder
- Welcome / sign-up offer
- Odds Boosts
- In-play
- Cash Out
- Partial Cash Out
- Free Bet Club (or similar)
- Exchange betting
- In-game statistics
- Pre-match form/statistics
- Request a bet (or similar)
- Virtual sports
Fun88 Betting Exchange Site
Fun88 ranks among the best betting exchanges in India. They have an E-gambling license and offer the best back and lay betting services. The commission is about 4% on all winnings only (no commission on bet losses).
Fun88 betting site features in-play betting with popular betting markets, including, hockey games, football, tennis and cricket games. The users can benefit from the affiliate marketing program which enables them to earn extra.
Payment Processing Options for Fun88 Betting Exchange Site
It offers payment processing modes that are home to the Indian audience and these include UPI, bank transfers, bank cards, digital payment systems like ecoPayz and Sticpay, and net banking.
Smarkets Best Betting Exchange Site
Smarkets is one of the best sports betting exchange apps for online gamblers. Also, the commission is low and you can trade for a commission free 60 days period. We will consider them as the best betfair exchange alternative, especially for the people in the UK.
The exchange offers impeccable tools that help gamblers in analysing and making improved decisions. Some examples of these tools include statistics on history, player stats, in-play odds data, infographics and different graphs.
Smarkets Betting Exchange App Payment Option
Smarkets is a modern betting platform that offers a range of payment processing methods for both withdrawals and deposits. The integrated tools offer convenience, accuracy, speed and security in all financial transaction on the platform. The payment processing tools include, Visacard, MasterCard, Moestor, Skrill, Neteller, Paypal and Fast Bank Transfer.
Smarkets Betting Exchange Key Features
- Live Stream
- Asian Handicap
- Bet Builder
- Welcome / sign-up offer
- In-play
- Cash Out
- Exchange betting
- In-game statistics
- Pre-match form/statistics
Indibet – The Best Betting Exchange Site in India
Indibet is licensed by Curacau and ranks amongst the top betting exchanges in India. It operates with a visually appealing layout and offers some outstanding features and incentives to users. These include welcome bonuses, casino bonus and deposit bonus.
Indibet offers players with a platform to lay bets, use accumulators and parlays.
It does not have a one-apply-to-all commission like other exchanges. The commission is dynamic as there are no charges for some trades.
If you are looking for the best betting exchange site in India with the best odds and fast pay-out, this is your stop. Also, the sign-up process is as easy and swift as ABC.
Payment processing is taken care of by reputable and trustworthy companies, including UPI models and several others.
Check out the best sports betting exchange app development tools.
Why Use the Best Sports Betting Exchanges?
There are many reasons why you should use betting exchanges instead of a sportsbook. Let us look at some of the best reasons in the section.
Exchanges Offer Better Betting Odds
One of the reasons punters jump on sports betting exchanges is because they tend to offer better odds. Their odds are easily better than those of sportsbooks because their profit is from winnings. By this, they do need to create odds for the sake of making a profit from it.
Sports Betting Exchanges Offer Better Flexibility
For me, I think it has more to do with freedom. Sportsbooks offer options that they are in control off. Exchanges allow punters to play the sportsbook roles. They can set their odds and decide who to bet against.
You Find More Betting Markets in Betting Exchanges
As a punter, it is good and even healthy to explore new markets. Sometimes those regular ones or having just a few can get boring. In sportsbooks, the markets are not that huge compared to what you can explore in betting exchanges.
Learn about the benefits of betting exchange apps.
Important FAQs on Betting Exchanges
We found some important questions that are frequently asked by people around sports betting exchanges. We will be highlighting and answering them in this section.
What is the best football betting exchange?
The best football betting exchanges in the UK include:
- Betfair
- Betdaq
- Smarkets
- Matchbook
In India, the best sports betting exchanges include;
- Fun88
- Dafabet
- Indibet
Which of the Betting Exchanges Have the Best Liquidity?
The answer is Betfair. Experts consider the betting platform that has the strongest backing for big stake liquidity. It has grown to be one of the world’s most popular betting platforms.
Is betting exchange legal in India?
Betting exchanges are legal in India. However, there are some regulations and legal laws that your betting platform need to conform to. In other words, the betting exchange market in India is subject to various regulations and laws.
What is the largest betting exchange?
Once again, the answer for the largest in the world is Betfair.
What Prometteur Offers You?
Are you looking to dominate the sports betting market with the best sports betting exchange app solution?
We have a team of experts who specialize in creating cutting-edge, feature-rich betting apps tailored to your specific needs.
We offer clients innovative design and user-friendly interfaces as well as a robust backend system. Our betting exchange platforms are also very secure and have secure payment gateways.
We are the premier app development company for your ideal white-label app development and we also offer thorough testing, and ongoing maintenance.
Let’s discuss how we can turn your vision into a successful betting app
