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BOLO REVIEW:
We recommend trying Orbit Exchange as the odds are great and the liquidity is huge - bets are placed extremely quick. The liquidity, markets and prices are very competitive on Orbit Exchange and they offer 100% settlement so you win what you see in your accounts. The market settlement and payouts is fast and safe as well. They currently do not have a cash-out function, but we look forward to seeing more enhancements made to the site.
Overall, we found Orbit Exch to be very reliable, easy to use and navigate. Their prices are indeed better than the traditional bookmaker even after you consider the Commission charge on winnings. Orbit Exchange has a very cool website design and claim to offer ‘out of this world’ odds, stellar liquidity and infinite markets. After taking a look around, Orbit Exchange does seem to have a lot to offer.
HIGHLIGHTS:
• Min. stake size of CNY10
• Licensed and regulated in Curacao
• Established in 2017
• Better prices than traditional bookmaker
• Back or lay a bet against other players - not player vs bookmaker
• Encourages winners as Orbit Exchange doesn’t take positions
• Excellent liquidity throughout their offerings
• Fast settlement of events & fast pay-outs
• Welcomes arbitrage players
• Commission charge on winnings
• Stable and easy to use website
ABOUT ORBIT EXCHANGE:
Launched in April 2017, Orbit Exchange is a new sports betting exchange to hit the market. The main reason why customers favour an exchange over a traditional bookmaker is that they offer better prices and huge liquidity.
A betting exchange is like an online marketplace for players to bet against each other - not the bookmaker. It’s like two friends who have different opinions on a match, Orbit Exchange just acts like a mediator who holds the money and gives it to the winner. Unlike a bookmaker, Orbit Exchange encourages winners because they do not take any position in the markets.
At any given moment thousands of people worldwide are competing against each other to offer better odds on their opinion in order to have a bet. This often means the odds are better than those set by a traditional bookie.
On Orbit Exchange you can back and lay. To 'back' a selection means you think it will happen, like you would do with a traditional bookie.
Or you can take the opposing viewpoint and 'lay' if you think your selection will not happen (won't win).
Lay betting is the other half of the deal from a back bet. Both are bets, but opposing views. Without one, you can't have the other.
Many players also like to use an exchange for trading. You can bet and lay on the same market and manage to make a profit even before the event has started. You can also trade in-play on Orbit Exchange.
Similar to any betting exchange, players are subject to paying a Commission charge on net winnings. Players do not pay any Commissions on losses.
For players who do extremely well on the exchange, they may be subject to Premium Charges, but this is always discussed with the player before it is charged.
Before you place a bet, you might want to try it. We offer Demo accounts pre-filled with virtual money.
IMAGE GALLERY: HOW TO PLACE A BACK BET
IMAGE GALLERY: HOW TO PLACE A LAY BET
