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How to Trade Odds with OrbitX - My Guide

Hello, it's Mark

Orbit Exchange is, well, let’s just say, a betting platform—but it’s not your usual betting site. It's different, really. The idea is that you don’t bet "against the house," so to speak, but more like, against other people, which is kind of refreshing, you know? It’s powered by Betfair, or at least, that’s what they say, but it’s not exactly the same. You’ll find features here and there that might remind you of other platforms, or maybe not, depending on what you’ve tried before.

It’s hard to say if it’s for everyone, but if you’re curious about new ways to bet, this could be something to consider. Some people say it’s great because of the liquidity and stuff, and others just like how they can do "lay" bets, which, if you don’t know what that means, don’t worry, we’ll get into that later. Anyway, Orbit Exchange has been around for a few years now, and some folks seem to really like it. Let’s dive in and see what’s up.

Want to try it out? Register to a broker first:

# Name Key Features Discover
1 BetInAsia Sport trading with Sharp Exchange - low commission on winning bets, no bet limitation Visit
2 Asianconnect Sport trading with OrbitX - 3% commission charge on exchange, no bet limitation Visit
3 Madmarket Sport trading with Edge (Betdaq, Matchbook, betfair) - cryptocurrency only Visit
4 Sportmarket Sport trading with PRO (Smarket, Matchbook, betfair) Visit

Summary:

Key Features of Orbit Exchange

So, OrbitX has, like, a bunch of features that, you know, make it different—or maybe unique? First off, there’s this thing with commissions. It’s lower than trading directly on Betfair, I think, like 3% or something, but not always. Some agents, or brokers, they might set it higher, especially if, I don’t know, you’re not winning enough. But, yeah, no premium charges, which is good, I guess.

Also, the minimum bet is €7, unless, maybe, you talk to the agent and they let you do something else? It’s not super clear how that works, but it’s an option, apparently. And the CASH OUT button is kind of a big deal—they say you can lock in profits or losses before the event ends, which sounds useful, though I haven’t tried it myself.

Oh, and the platform? It’s powered by Betfair, but not exactly the same. Like, the interface looks different, and the odds and liquidity are, well, sort of similar but maybe better in some cases? It’s hard to say. Anyway, if you’re into betting exchanges, this one might be worth a look, or at least, that’s what people say.

How Orbit Exchange Works?

Okay, so Orbit Xchange is, like, a betting exchange, which means you’re not betting *against* a bookmaker, but, um, against other people? That’s the main idea, I guess. You’ve got this thing where you can either “back” a bet, which is betting that something will happen, or “lay” a bet, which is like saying, “Nope, not gonna happen.” Pretty straightforward, but also not? It can get a bit confusing if you’re new to this whole thing.

So, when you place a bet, someone else has to agree to take the opposite side. If they don’t, then your bet is, well, unmatched, and nothing happens. But if someone does, then it’s on, and you’re basically competing with each other. The odds? Yeah, you can use the ones shown or even set your own if you feel like taking a risk or something.

Oh, and there’s this commission thing—3% on winnings, but nothing on losses. Which, I mean, makes sense, because why charge on losses, right? Anyway, the process is kind of simple but also, like, not super intuitive if you’re used to regular bookmakers. Once you get the hang of it, though, it’s not bad. At least, that’s what most people say.

Available Sports and Markets

When it comes to sports trading and markets, OrbitX has, well, quite a lot? Like, there’s football (or soccer, depending on where you’re from), tennis, horse racing, and, um, basketball. But not just those. There’s also stuff like cricket, MMA, volleyball, and even darts—yes, darts. Honestly, the list is long, but does it have *everything*? Probably not, though it’s close, I think.

The thing is, you can only bet on events that are listed, obviously. And, oh yeah, someone has to be willing to take the opposite side of your bet, which is, like, kind of important. Otherwise, your bet might just sit there unmatched, which is annoying but not the end of the world, I suppose.

They also have some esports, which is cool if you’re into that kind of thing. Oh, and greyhound racing, motorsports, rugby (both kinds, union and league, or is it league and union?), and more. Honestly, the variety is pretty good, even if you don’t care about every sport on the list. So, yeah, there’s that.

Understanding Odds and Liquidity

So, odds and liquidity. Where do we even start? Well, odds are, you know, the numbers that tell you how much you can win—or lose. They’re kind of the same as what you see with bookmakers, except here you can set your own if you feel like it. But only if someone’s willing to match them, which is where liquidity comes in. Liquidity is, uh, the amount of money in the market? Or, like, how much other people are betting. If there’s no liquidity, your bet might just sit there doing nothing, which isn’t ideal, obviously.

The odds can fluctuate a lot, especially if it’s a popular event. Sometimes they’re better than what you’d get from a regular bookie, and sometimes, not so much. It really depends. And liquidity? It’s not infinite. There might be enough for small bets, but if you’re betting big, you could run into issues. Or maybe not—it’s kind of hit or miss, honestly.

Anyway, the important thing is that you keep an eye on both. Odds that look too good to be true might not get matched, and low liquidity means fewer options. But if everything lines up, it can be a pretty good deal. Probably.

Setting Your Own Odds

Alright, so, setting your own odds. It’s, like, one of the cool things you can do on Orbit Exchange. Instead of just taking whatever odds are there, you can be like, “Hey, I think this should be, I don’t know, 2.5 instead of 2.3.” And then you wait for someone to agree—or not. It’s kind of like negotiating, but not really, because you don’t actually talk to the other person. The system just matches it automatically if someone likes your odds.

But, uh, it’s not guaranteed. If no one thinks your odds are fair, your bet just sits there as unmatched. Which, I mean, isn’t great, but at least you’re not locked into bad odds, right? And if it’s partially matched, you get a mix—some at your odds, and some at theirs. Kind of weird, but it works, I guess?

What Are Unmatched Bets?

Unmatched bets are, um, basically when you place a bet, but no one else wants to take the other side. So, your bet just kind of sits there. Like, it’s in the system, but it’s not really “active” until someone agrees to it. It’s sort of like making an offer that nobody wants—at least, not yet.

Sometimes, this happens because your odds are, I don’t know, too ambitious? Or maybe the market doesn’t have enough liquidity at that moment. If it’s unmatched, you can wait and hope someone eventually matches it, or you can just cancel it. Or, you could adjust the odds to make it more appealing, but then you might feel like you’re giving up too much, which is, well, not ideal either.

Oh, and if only part of your bet gets matched, the rest stays unmatched. So, you could have this weird mix of matched and unmatched bets going on at the same time. It’s kind of confusing at first, but you get used to it. Anyway, unmatched bets aren’t really a bad thing—they’re just, you know, a thing that happens sometimes.

How to Register and Access OrbitX

Okay, so here’s the deal with Orbit Exchange—you can’t just, like, go to their website and sign up. It doesn’t work that way. For some reason, they don’t allow players to register to Orbit Exchangedirectly. Instead, you need to go through a betting broker, which, yeah, might sound a bit complicated, but that’s how it is.

The broker, or agent, acts as this middleman, or middle-person, I guess, between you and Orbit Exchange. They’ll set up your account and handle all the stuff like deposits and withdrawals. It’s not super hard, but it’s definitely not as straightforward as signing up for, say, a regular bookmaker. Some popular brokers like BetInAsia seem to be the go-to for this, or at least that’s what people say.

# Name Key Features Discover
1 BetInAsia Sport trading with Sharp Exchange - low commission on winning bets, no bet limitation Visit
2 Asianconnect Sport trading with OrbitX - 3% commission charge on exchange, no bet limitation Visit
3 Madmarket Sport trading with Edge (Betdaq, Matchbook, betfair) - cryptocurrency only Visit
4 Sportmarket Sport trading with PRO (Smarket, Matchbook, betfair) Visit

You might be wondering why Orbit doesn’t let you register directly. Honestly, no one really knows? Maybe it’s about regulations or, like, making things more exclusive? Who knows. Anyway, once you’ve got an account through a broker, you can use the platform just like anyone else. Well, as long as you’re not from a restricted country, like the US or the UK, because then it’s a no-go.

So, yeah, if you’re serious about using Orbit Exchange, find a broker you trust, and they’ll get you started. It’s a bit of extra work, but hey, that’s the price of admission, I guess.