Betting Exchanges UK Sites List
The list below contains the four reliable betting exchanges available to UK customers. 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.
This is the best guide and betting exchange comparison, comparing the market leader, Betfair, directly with each of the other exchanges across a range of markets, liquidity and commission rates.
Still the best betting exchange out there and must have for exchange punters and traders. Betfair has the most markets for any exchange site and plus huge liquidity. There is 5% commission on wins only, but we’ll dive into that in depth later on (as well as all four commission rates). Betfair exchange is perfect for traders getting huge odds on outsiders, and it’s incredibly easy to switch to the sportsbook or casino if you’re after that.
Some people want to avoid Betfair because of the association with traditional bookmaking and other business partnerships. We would say don’t let that put you off, but if you are looking for an alternative, the other exchanges mentioned in this article are all worth interest too.
If betting in-play is a consideration, again Betfair, due to the sheer weight of bettors, is an account that you should sign up for. They have far more events covered, lesser events, and deeper market coverage. You will also find that within the less popular events, and markets, where other exchanges struggle to have any liquidity, and in some cases, none at all, Betfair will remain pretty strong with markets forming many hours ahead of their rivals.
Betdaq concentrates on low commission rates, with a wide range of betting options available. They also offer up a load of innovative and creative promotions, and is a must-have for people who love arbitrage betting. On top of that, BetDaq definitely matches its competitors in terms of supporting statistics alongside the market display, and out of the four sites BetDaq should be your go-to for exchange multiple betting. You can place doubles, trebles and other multipleso n their exchange, as well as offering interesting betting and trading articles, with market mover information
Only charging 2% commission, compared to 5% on Betfair, gives a decent enough reason for customers to sign up for a Betdaq account. Over a year that lower 2% can make a big difference to your annual profits. On £50 profit you would only pay £1.00, compared to a maximum £2.50 on Betfair.
Of all the exchange sites, Smarkets has the best app, so bear that in mind if that is a big consideration point for you as a bettor. They have low commission rates and offer a brilliant alternative to the others, mainly thanks to how slick the app is. There are a tonne of statistics, live odds data, different graphs and infographics, all to help inform bets.
Smarkets has always been rated highly by OLBG members, consistently matching the previously available Matchbook and BetDaq exchanges in our users’ eyes. You will find a section later on in the article explaining why you need a second exchange account if you are an active sports betting trader, and the recommendation in the absence of Matchbook is to open and use a Smarkets account.
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%. The design is more modern than Betfair although not at all dissimilar at the same time. I would have to say navigation between markets is considerably quicker.
Matchbook has comparable liquidity to Betfair on horse racing and major events, while the app, and site, has a slick feel across its platform. The low commission rates make it an excellent option, and they even do a brilliant and influential podcast that is well worth a listen.
It’s still worth considering exactly what it is that you’re after as a bettor. Different users will want different things from thier bookmaker, and that still applies to exchanges. With that in mind, the below outlines why some users may choose one over the other, despite our overall scores cross the board.
The reality is, it suits you as a bettor to have more than one exchange account.
Exchange siteBest for…BetfairAvailability of markets and liquiditySmarketsLow commission ratesBetDaqExchange multiples bettingMatchbookExchange accumulators