The full rankingBetting Exchanges
Scores are out of 10 and come from funded accounts: odds and fees, payout speed, markets, the app and support.
5 reviews, average score 7.4
Top 5 at a glance
Darker bars sit below the average for this list.
Ranked by score
| # | Review | Category | Price | Score | Open |
|---|---|---|---|---|---|
| 1 |  Betfair ExchangeBest for: Price-sensitive football and racing bettors outside the USThe best place to find a price on football and racing and the only major venue that never restricts you for winning. A 5% commission needs an exchange price about 2.5% above a 2.00 bookmaker price to break even. Liquidity is thin outside major markets. | Betting Exchanges | Free to join | ||
| 2 |  SmarketsBest for: Small and mid-size exchange bettors and politics tradersThe better-value exchange for ordinary stakes: about 2% commission against Betfair's 5% base rate, plus strong political markets. Football depth is much thinner, in-play choice is narrower, and the iOS app has lag and blank-market complaints. | Betting Exchanges | Free to join | ||
| 3 |  NovigBest for: Pregame bettors who compare prices across several booksNovig's model removes the house margin on pregame straight trades, and makers never pay a fee. The catch is that live taker trades carry a fee, parlay costs are hidden inside prices, and liquidity thins out in smaller markets. The best evidence for it is Novig's own comparisons, which are hypothetical. A fair choice for pregame price shoppers, weaker for live bettors. | Betting Exchanges | Free to join | ||
| 4 |  MatchbookBest for: Racing and football bettors who want lower commission than BetfairMatchbook is a good second exchange: lower reported commission than Betfair, solid liquidity on UK and Irish racing and the main football leagues, and a long commission holiday for new accounts. Outside those markets it is thinner, so large bets can go unmatched. Use it to cut costs where the money is, not as a Betfair replacement. | Betting Exchanges | Free to join | ||
| 5 |  ProphetXBest for: Traders in states without sportsbooks who accept regulatory uncertaintyProphetX is a real peer-to-peer market with a clear 2% fee on net straight-trade gains, but it is a work in progress. Its federal status is recent, Connecticut has ordered it to stop serving residents, a wire needs $5,000, and funds expire after 60 days without a trade. Treat it as a niche venue, not a safe default. | Betting Exchanges | Free to join |