If you’re a seasoned online bettor, you’re probably familiar with the concept of betting exchanges. Essentially, these platforms take the trope of a classic bet and turn it on its head. Instead of just allowing typical bets where you bet for an outcome, they allow users to bet against an outcome, turning them into bookmakers!
With new forms of betting and gambling gaining tons of traction in the past decade, the sudden spike in popularity of these platforms isn’t surprising. Naturally, this trend has also progressed into app form, as most people nowadays turn to their mobile devices as their go-to entertainment hub. With all that said, if you’re interested in giving this fun activity a shot, here are some of the top betting exchange apps you can go try.
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Betfair
Launched in 2000, Betfair has a long history as one of the best online betting sites users can visit. With modern solutions coming into play, the site has upgraded to a top-tier app for iOS and Android, giving mobile users the chance to enjoy its well-established platform wherever they go! As you can probably guess, the site covers a variety of sports and leagues, making it easy to view it as the cream of the crop for betting exchanges.
The website has a ton of loyal users, which means finding a buddy to pair your bet with is an easy task. It also offers various forms of betting, including live betting and matched betting! The only downside to using this service is the high commission. Sitting at %5 on every win, it’s significantly more than most other platforms.
Betdaq
Betdaq is one of the most popular betting exchanges you’ll run into today. It’s been around for over 20 years, giving it the necessary experience to curate top-tier offers that suit all players, without question. As you can imagine, this platform also supports a website and an app, so you get the best of both worlds depending on your current needs. Its game variety is impressive, and it hosts many events and competitions, ensuring a good time all year round.
Betdaq is owned by the Ladbrokes Coral Group, a leading UK gambling provider, so players can rest easy knowing their money is safe when transacting on the platform. Furthermore, it comes with a standard 2% commission, which is highly appreciated. Unfortunately, there is a bit of a catch to using this app. Most of the games and events it offers aren’t mainstream, so finding users to match bets can be a pain. Since the football category is the most popular, most people just stick to that.
Matchbook
Matchbook might be the newest platform on this list, but it’s not to be underestimated. Offering an excellent selection of events, an easy-to-use interface, and more than enough betting types to keep all visitors happy, it’s a powerhouse that’s quickly risen to the top of the ranks. A big reason for this platform’s success is its incredibly generous risk-free period. Players get one month of 0% commission when joining the app, which is the longest in the game. On top of that, its Welcome Offer consists of £15 Cashback, making it very hard to resist.
Unfortunately, even this platform isn’t without its faults. While Matchbook is generally excellent, it does have a high withdrawal threshold. To cash out their winnings, players must take out a sum of at least £500!
Some Final Thoughts
Betting exchanges are an excellent way to explore a new type of betting without veering too far off the beaten path. All of the apps on this list come with pros and cons, but they’re some of the best options on the market. No matter which one you pick, we’re sure you’ll be satisfied with your experience.
If you’re an adventurous spirit looking for something a bit different, but within the same realm, casinos have something to offer too! Many of them offer mobile-friendly options packed with fun classics like Blackjack, Roulette, slots, and more. It might not be betting, but it’s an undeniably fun activity you can dare to try. These online gambling platforms operate similarly to betting sites and apps, so you’ll feel right at home straight from the get-go.
