Best Betting Exchange Apps for 2024: Features and Reviews

Betfair Exchange App

Without a question, the best betting exchange to open an account with is Betfair. Because there are several markets and the finest liquidity, they continue to be at the top. The entire ranking is significantly impacted by these two crucial factors. It's also important to consider Betfair's reliability, commissions, and welcome offer—all of which are of the highest calibre. Key Features:

• In-play betting with cash-out options
• Live streaming for selected events
• Broad range of sports markets
• Better odds compared to traditional bookmakers
• Available on iOS and Android

Pros:

• Best liquidity in the market
• Wide variety of markets
• User-friendly interface

Cons:

• Premium charges for high-earning traders
• Lacks licences in certain regions

Verdict: Betfair is a must-have app for any serious trader due to its market depth and liquidity. It remains the top choice for betting exchange users in 2024.

Smarkets Exchange App

One of the top sports exchanges in the world is called Smarkets. Its robust market liquidity and first-rate customer service are the reasons behind its appeal. Every day, these two features are enhanced, making Smarkets even better. Even in less well-liked areas, the site lets you wager against other users on a variety of sports at competitive odds and flawless liquidity.Key Features:

• Full exchange functionality for betting and trading
• Real-time prices with reliable updates
• Customizable interface with light and dark modes
• Available on iOS and Android

Pros:

• Low 2% commission on profits
• Good liquidity in popular markets
• Smooth and functional app

Cons:

• Limited promotions and bonuses
• Liquidity issues in less popular markets

Verdict: Smarkets is an excellent choice for traders focused on low commission rates, especially in mainstream sports. However, those who want to explore niche markets may find liquidity lacking.

Matchbook Exchange App

Even though Matchbook isn't the top three sports betting exchange app in the world, it nevertheless merits a spot off the podium. Its user-friendly and intuitive mobile app and website are the reason behind this. Furthermore, Matchbook is well-known for its flawless services and wide range of payment options. Additionally, live streaming is offered, which raises Matchbook's profile overall. Matchbook is a great option if you haven't opened an account yet and would want to trade on the exchange and play casino games from your phone at the same time.Key Features:

• Live streaming and in-play betting options
• Access to podcasts and insights for better decision-making
• Available on iOS and Android
• Cash-out functionality

Pros:

• User-friendly interface
• Multiple payment methods available
• Strong pre-match and live betting options

Cons:

• Lower liquidity compared to top exchanges
• Limited promotional offers

Verdict: Matchbook is a good alternative to top betting exchanges, especially for those who value a clean, easy-to-use interface.

Betdaq Exchange App

Renowned exchange Betdaq is fiercely competing against Smarkets to be the second-best exchange globally.Regarding the top spot, we can be certain, but we are unable to make any conclusions regarding the second spot. With the development of the betting exchange app by Betdaq, managing the markets with a mobile device is now considerably simpler.Key Features:

• Fixed 2% commission on all bets
• Live streaming for horse racing and greyhound events
• Available on iOS and Android devices
• Free app download

Pros:

• Fixed, low commission rate
• Regular promotions and cashback offers
• Licensed by the UK Gambling Commission

Cons:

• Lower liquidity in smaller markets
• In-play betting options could be improved

Verdict: Betdaq is a solid option for those seeking low commission rates and decent promotions. However, traders focused on less popular markets might find liquidity limitations. 

1xBit Exchange App

1xBit is said to be the greatest cryptocurrency exchange. Regretfully, the owner is unknown despite the Curacao Gambling Authority's licence. Lots of android users have asked “how to get betting apps on android?” Just follow the instructions on the website and you can download the app with just a few clicks. The majority of desktop services, such as Bet Constructor and Betting Exchange, are supported by the mobile app.Key Features:

• Cryptocurrency betting exchange
• Live streaming available for selected events
• Compatible with iOS and Android devices

Pros:

• Supports a wide range of cryptocurrencies
• Full desktop functionality in the app

Cons:

• Poor reputation with multiple negative reviews
• Low odds and issues with live betting
• Limited licensing and questionable security

Verdict: While 1xBit offers an interesting option for crypto traders, its reputation and licensing issues make it a risky choice. 

Conclusion

The finest betting exchange app for 2024 will depend on the particular requirements you have as a trader. Liquidity, market range, and commission rates are three variables that you should consider in order to choose the app that best fits your trading style and increase your chances of success in 2024. So, consider these and have a safe betting experience! .