Best Betting Exchange Apps

Many people use sports betting exchanges. Not only the trading software can be helpful sometimes, but also the mobile app, especially when we have to leave the house for some reason when there is a game in process on which we are trading.

Thankfully, an app for the betting exchange comes to our aid.

From our considerable experience, we have reviewed the best betting exchange apps. The main factors in determining the position in the ranking are the essential aspects that should guide you when choosing any sports exchange – liquidity, and availability of markets etc.

Let’s get started and choose the best one!

Chapter 1

Why should you choose a betting exchange app?

Why should you choose a betting exchange app?
  • What makes an exchange app special?
  • When is it worth using?
  • Is the marketplace different from the desktop version?

Find out if you need it!

Having an app makes the entire trading process much easier and more efficient. The most significant advantage is the ability to monitor your trading from anywhere in the world.

The only thing you need is access to the internet. How often have you failed to exit the market in time due to not having access to the exchange?

With an app, this will never happen again as the exchange is always close at hand.

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Another advantage is the potential additional bonus for installing the app. These can be in the form of a free bet, cashback or a deposit bonus.

It depends on what the developers of a given application are offering. Moreover, everything in the application is the same as in the browser version, so there are no shortcomings.

It is the same as if you were using Facebook on their website or app – do you feel any difference? There are, but only slightly.

Chapter 2

8 points to pay attention to when choosing a betting exchange app

8 points to pay attention to when choosing a betting exchange app
  • What is most important when choosing a mobile app?
  • Is the performance of the app itself the most important?
  • What should you pay special attention to?
  • Which sports exchange supports cryptocurrencies?

Let’s find out the most important factors!

Reliability

Credibility is the first aspect we need to consider. As long as we talk about the most popular and well-known exchanges, we don’t have to fear anything.

The problem arises when local exchanges or those less popular in a given country come into play.

In this case, we first have to check if the exchange has the appropriate licenses and regulations that allow for legal, honest and reliable trading on their exchange between customers.

Liquidity

This is the second, equally important aspect that we need to consider. Liquidity is the popularity of the market.

If it’s a match from the Champions League final, it’s bound to be loaded, and therefore liquidity will be very high because there will be a wide range of exchange odds and amount of money to be matched.

The more liquidity there is, the more opportunities to trade and the more opportunities to make money.

Range of Markets

The range of markets should also greatly interest us. It’s not just about the different types of sports to choose from, but also the variety in one event.

I don’t think anyone likes having only 1 X 2 markets available, do they?

Especially if you want to trade in markets that are not as popular, such as corners, betting on players or both teams to score market.

Commission

Commission charged on a bet is a regular thing. After all, the exchanges must make money if they are not bookmakers and do not take our money, right?

Commissions vary slightly between the various exchanges and range from 2% to 5%.

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Sometimes you can get 0% commission, but these are temporary promotions, usually for 30-60-90 days.

Remember, commissions are charged ONLY on winning bets.

Welcome Bonuses

Everyone loves welcome bonuses so we can increase our bankroll.

However, sometimes it’s a clever marketing ploy, but not always, because you can often squeeze everything out of that bonus!

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The key thing is to study the terms and conditions of the bonus carefully. So don’t trust the slogans and headlines – go into the full details of the bonus and review them carefully.

Payment Methods

Everyone has their favourite e-wallet on which you frequently transact. And there are plenty of them – Revolut, Jeton, Paypal, Skrill, Ecopayz, Much better, and many more.

However, all of them will not be found on our favourite exchange, so before opening an account, it is worth checking if we will be able to make transactions using our favourite e-wallet.

You should also consider whether the deposit and withdrawal can be made using the same payment method because this may not always be the case.

Usability

The next important factor is the application itself. By usability, we don’t just mean how it is used, but whether all the features fully work.

For example, while trading or betting time is an important aspect, we cannot afford that the application will crash or run slowly.

Finally, the device we are using also matters. There may be problems with using the application on older phones or tablets, so it may be worth investing in a newer device.

Support

Support may not be an obvious factor, but if you find yourself in a situation where you don’t have access to a computer and you’re only left to contact support through an app, it can still be a lifesaver.

So check out how you can contact the support team using the app.

The relevant tab will undoubtedly make things easier.

Chapter 3

Best Betting Exchanges Apps: Our TOP-FIVE to work with

Best Betting Exchanges Apps: Our TOP-FIVE to work with
  • Which sports exchange app is the best?
  • What are the advantages and disadvantages of other apps?
  • Should I download other apps?
  • What are the key features of all the apps?

Let’s take a look at the top list!

Betfair Exchange App

betfair app

The latest Betfair mobile app comes from a company that was once the market leader but is fast declining.

However, you may still use their online betting applications to place back and lay bets. These are compatible with iOS, Android, Blackberry, and other smartphone devices.

What’s more, you can choose from different applications from Betfair depending on whether you want to use the exchange, sportsbook, casino, bingo or arcade.

App Features

  1. In-Play Betting with Cash Out
  2. Live Streaming
  3. A wide choice of sports betting markets is available
  4. Odds that are better than those offered by traditional bookies
  5. Android and iPhone users may download the Betfair apk file for free

Welcome Offer

Betfair promo banner

The welcome offer at Betfair Exchange is £100 in free bets. Enter promo code ZBBC01 when opening an account to take advantage of it.

Let us examine how to obtain it and what we need to do.

What do you need to do?

  • Place 5 x £10 (or more) single bets on the Sportsbook, each at minimum odds of 1.5.
  • The bets must be different. Otherwise, they will not count.

How much can you get?

  • After settling your five qualifying bets, you will receive a £20 free bet.
  • The process can be repeated up to 5 times, allowing you to get 5 x £20 in free bets.

 Pros & Cons of Betfair Exchange

ProsCons
The best liquidityLack of license in many countries
A vast number of marketsPremium charges once profits exceed £250,000.
Numerous payment methods
Regular promotions & bonuses
A fully licensed & regulated trading platform

Conclusion about Betfair Betting Exchange App

Betfair is undoubtedly the best sports exchange where you should have an account.

They stay on top because of the best liquidity and the many available markets.

These two key things make a significant difference in the overall ranking.

Also worth bearing in mind is the welcome offer, commissions and reliability – all these aspects are at an excellent standard with Betfair.

Betdaq Exchange App

Betdaq app

Betdaq is a well-known exchange that is valiantly battling with Smarkets to be the second-best exchange in the world.

We can have no doubts about the first place, but no judgment can be made about the second position on the list.

Betdaq has developed a betting exchange app, making it much easier to operate the markets using a mobile device.

Let’s see what this exchange is famous for and if we can claim a bonus for downloading the Betdaq app.

App Features

  1. Backing, Laying, and Betting In-Play are available
  2. Live streaming of greyhound and horse racing
  3. Soccer feature, which shows many stats
  4. Easy access to bets, balance and market profit and loss
  5. Free app available for iOS and Android

Welcome Offer

Betdaq promo banners
 Betdaq Bonus DescriptionBetdaq Promo Code:
ExchangeBet £20 Get £20 – Place £20 first bet on Exchange at odds of 2.0 or greater & get £20 free bet.BG2020
ExchangeGet Up To £1000 Cashback Receive your first month’s commission back as cash up to £1000.DAQBACK
ExchangeBet £10 Get £10Place £10 first bet on exchange at odds of 2.0 or greater and get £10 free bet.BDQ10
VirtualsBet £10 Get £10 – Place your first bet of £10 on Betdaq virtuals and if it loses, get a £10 free bet.V1010

Pros & Cons of Betdaq Exchange

ProsCons
Fixed 2% commission rateLack of license in many countries
Licensed by the UK Gaming CommissionPoor liquidity in smaller markets
Numerous payment methodsPoor in-play offer
Fully licensed & regulatedLower value odds

Conclusion about Betdaq Betting Exchange

Betdaq is an exchange that is worth opening an account at.

While it doesn’t have such strong liquidity and many markets as Betfair, the fixed 2% commission, regular promotions, and a sizeable number of payment methods partly make up for it.

As a result, we can easily trade successfully on the more popular markets.

However, there may be a problem with matches in lower leagues because the offer still needs to be improved and expanded with, for example, Esports.

Smarkets Exchange App

Smarkets app

Smarkets is one of the world’s leading sports exchanges. It owes its popularity to its excellent customer service and strong market liquidity.

Both these aspects are being improved daily, making Smarkets even better.

The platform allows you to bet against other members in many sports at excellent odds with impeccable liquidity, even in less popular markets.

So, let’s take a peek at the Smarkets app, which is downloadable for iOS and Android devices.

 App Features

  1. Betting & trading with full exchange functionality
  2. Keep bets in-play and trade out features
  3. Reliable and real-time prices
  4. Unique search tool
  5. Light or dark interface and a fully functional app available on iOS and Android.

Welcome Offer

Smarkets promo banner

The welcome offer on Smarkets is not the most attractive, which is one of the main aspects that should be improved.

However, it is not all that bad, as we can trade for 60 days for free without any commission.

There is also a second offer available – so take a look at the table and make sure you use the correct promo code when registering.

Smarkets Bonus Description:Smarkets Promo Code:
Trade with 0% commission for 60 days.COMMFREE
Get a £20 cash refundSMK20

Pros & Cons of Smarkets Exchange

ProsCons
Good liquidityLack of license in many countries
Numerous pre-match & in-play markets availableMissing live streaming
Many payment methodsNarrow lines
A fully licensed & regulated trading platform

Conclusion about Smarkets Betting Exchange

If you have a Betdaq account but haven’t set one up on Smarkets, do so as soon as possible. Smarkets is as strong as Betdaq.

And it owes its strong position to good liquidity and attractive offers even in Esports or other less popular markets.

Moreover, Smarkets deserves recognition among the best exchanges and apps because of the smooth operation of both the website and the mobile app and the improvements we feel are being implemented monthly.

Matchbook Exchange App

Marchbook app

Matchbook may not be in the world’s top 3 sports betting exchanges, but it deserves a place just off the podium.

This is because of its intuitive and user-friendly website and mobile app. In addition, Matchbook is famous for its many payment methods and impeccable offerings.

Moreover, live streaming is available, improving Matchbook’s overall standing.

So why didn’t it make it to the top of the list, even though the app performs very well, especially compared to the mobile browser version?

Let’s find out.

App Features

  1. Access to the full offer
  2. Back & Lay & Cash-out available
  3. Podcasts and Insights
  4. Access to casino games
  5. Available for iOS and Android devices

Welcome Offer

Matchbook promo banners
Matchbook Bonus Description:Matchbook Promo Code:
£30 Money Back If Your First Bet Loses – Place your first bet at fixed odds of 1.8 or more. If it loses, they will refund your stake as a single free bet.MATCHBOOK30
0% Commission For 90 Days – Deposit funds using a credit or debit card and get 0% commission on all sports for your first 90 days. COMMFREE90

Read more: Matchbook Exchange Bonuses

Pros & Cons of Matchbook Exchange

ProsCons
Range of payment options availablePoor liquidity
Well-designed mobile appSpeed issues with cash-out feature
Many payment methodsNarrow lines
A fully licensed & regulated trading platformNot the best market offer

Conclusion about Matchbook Betting Exchange

Matchbook is an exchange worth having an account on, if only because it is an excellent alternative to the top list of sports exchanges.

It may not have the best offer and enough markets, but having an account there can come in handy if Betfair fails or is unavailable.

What deserves praise is, above all, the wide range of services offered, which do not end with the exchange only.

Matchbook exchange members praise this provider for the possibility of depositing funds using e-wallets and the solid performance of the application.

If you haven’t created an account there yet, but you would like to play casino games from your mobile phone and trade on the exchange simultaneously, Matchbook makes an excellent choice.

What is the best crypto betting exchange app?

Сryptocurrencies exchange apps available

There are not many sports exchanges where cryptocurrencies are available. But at the ones you can, can you be sure they are entirely legal and licensed, and you don’t have to worry about the funds deposited there? 

Reportedly the best exchange that supports cryptocurrencies is 1xBit. But unfortunately, although the Curacao Gambling Authority licenses it, the owner is not fully known.

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And on the Internet, we can find many negative reviews from serious traders who report blocked accounts or loss of funds.

Pros and cons of the 1XBIT application

Pros:

  • The 1XBIT app allows players to place bets on iOS and Android devices easily and simply.
  • The mobile app supports most desktop features, including Betting Exchange and Bet Constructor.
  • The live streaming feature works perfectly.

Cons:

  • The mobile version of 1XBIT supports more than 50 languages, while only 10 languages are available in the app.
  • Bad reputation and many reports of negative experiences.
  • Low odds & live betting issues.

Chapter 4

Conclusion

Conclusion

Here you will find the answer to the question:

  • Which is the best stock exchange?
  • What makes it the best?
  • Is it worth using cryptocurrency exchanges?

Let’s take a look at the summary!

If you ask us: what is the best (insert sport name here) betting exchange app, we will answer unanimously that it is Betfair. Why? 

It is a sensational app that allows you to place back and lay bets on any match. We have the same markets at our disposal as in the desktop version.

The application will enable you to bet and trade efficiently and allows cash-out, deposit and live streaming. 

Moreover, thanks to the brilliant liquidity, our bets will be matched in the blink of an eye, so we do not have to wait for their approval. Betfair is a market leader in terms of the desktop version of the exchange and the best mobile application for betting and trading.

When it comes to cryptocurrencies, we’ll be straightforward – do not risk it. If you own cryptocurrencies and want to trade them on a sports exchange, try to exchange them on proven sites such as Coinbase, Binance or Crypto.com.

Then use these funds to top up your account on the sports exchange. We know this is a minor drawback, but it’s better to be safe than sorry – always use reliable sites!

Chapter 5

FAQ

 FAQ
  • Which sports exchange app is best?
  • What does it consist of?
  • If not Betfair, how do you choose the best app?
  • Why is it worth using an app?

Let’s have a look at the most frequently asked questions and get it over with :)!

What is the best exchange betting app?

The best betting and trading app is undoubtedly Betfair.

How is Betfair better than other exchanges?

The main reason Betfair is at the top is its unbeatable liquidity and the number of markets available, which automatically increases the number of players and the amount of money available.

How to choose the best betting exchange app?

If you are looking for the best exchange in your country, compare liquidity, number of markets available, commissions and welcome offers before making your choice.

How to install a betting exchange app?

To install an app on any of the above exchanges, simply type the brand name into Google Play or the App Store, check the requirements and follow the instructions.

Why should I use the app?

The mobile app allows you to have complete control of your bets wherever you are.