Best Betting Exchange Sites List 2026
The commission rate is just 2% for the majority of customers. In the name of fairness and objectivity, it’s worth pointing out that of the four exchanges irish bookmakers not on gamstop featured in this article, Smarkets is the one with the poorest liquidity. What makes it even easier to use, especially for those who have trouble getting their heads around odds, is that prices are displayed as percentages rather than odds.
You should never place or lay bets on an exchange that is not regulated or financially backed. The best thing about betting exchanges (even more so than the better odds) is that you can bet against a losing outcome. Each of them offers a welcome bonus amount once you have deposited funds. There are three main betting exchanges which we have listed below.
Betting exchanges offer the opportunity for anyone to both back and lay bet. Betfair is the most well-known betting exchange, followed by Betdaq, with Smarkets and Matchbook hot on their heels as matched bettors seek to lay off bets. The best betting exchanges are decided by whether you are a sports trader or a matched bettor.
While popular sports and events are usually well-covered, some betting exchanges may offer a more limited range of markets compared to some traditional sportsbooks. In certain scenarios, exchange commissions may offset some of the pricing advantages compared to traditional bookmakers. In betting exchanges, the availability of money in the market, or liquidity, is crucial for matching bets.
You back either the home or away team and cover the stake in case of a draw. Laying the draw pre-match while hedging the liability by covering the 1-1 or 0-0 correct score results. With “Lay the Draw” (LTD), you lay the draw odds and cash out after the 1st goal.
With BetDaq, a nice, simple 2% is applied as a ‘normal commission rate’ – It’s unlikely that you will fall outside of this band, as exceptions are generally commercial entities. Along with Smarkets, Betdaq offer only 2% commission on nett profits As you can see in the table above, a £50 stake on a 3.00 winning selection, provides, £100 profit, which will be taxed at 2% commission, meaning your nett profit is £98
The low commission rates make it an excellent option, and they even do a brilliant and influential podcast that is well worth a listen. In the past, Matchbook has been the most generous of all the exchanges with regular 0% commission welcome offers which plays well against Betfair being the highest commission rate at 5%. They have low commission rates and offer a brilliant alternative to the others, mainly thanks to how slick the app is. If you are looking for the best betting apps based on all factors then head to our main betting sites page to see all UK bookies listed in order of user review.
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