What is Orbit Exchange?
Orbit Exchange is a betting exchange platform allowing users to bet on various sports events and markets by matching their bets with other users with opposing views. Unlike traditional bookmakers, where users bet against the house, a betting exchange allows users to bet against each other. Orbitx Exchange acts as an intermediary, matching users’ bets with opposing views and charging a commission on the winnings.
Users can place both back and lay bets on Orbit Exchange. A back bet is a bet that a particular outcome will occur, while a lay bet is a bet against that outcome. For orbitexch login example, if a user places a back bet on a team to win a football match, they are betting that the team will win. If another user places a lay bet against that team, they are betting that the team will not win.
Orbitx Exchange also offers a variety of features such as in-play betting, cash-out options, and live streaming of certain events. These features make it an attractive option for users who want to engage in real-time betting and have greater control over their bets.