How to Get Started with OrbitX Exchange and BFB247 | Complete Guide 2026

What is a betting exchange?

A betting exchange is a platform where users bet against each other, not against the house. It works like a financial market: there are buyers and sellers, and the platform simply connects both parties.

The best-known exchanges are Betfair, OrbitX Exchange and BFB247. Both OrbitX and BFB247 share Betfair's liquidity, meaning you access the same markets and depth of money, but with much more competitive conditions than Betfair.

The main advantage over traditional bookmakers (Bet365, William Hill, 1xBet) is that on an exchange your account won't be limited for winning. Traditional bookmakers profit when you lose; the exchange charges a small fee regardless of who wins.

Back and Lay explained with a real example

On an exchange you have two options for every selection: Back (bet in favour) and Lay (bet against). Imagine a Liverpool vs Arsenal match with Liverpool's odds at 2.50.

The key to sports trading: you can combine Back and Lay to lock in profits. Back at 2.50 before the match and Lay at 1.80 during the game to secure profit regardless of the final result.

OrbitX Exchange vs BFB247 — Comparison

FeatureOrbitXBFB247
Minimum deposit€30€10
Premium Charge0%0%
Account limitationsNoNo
Trading softwareFreeFree
Sportsbook/CasinoNoYes
LiquidityBetfair (shared)Betfair (shared)

Deposit and withdrawal methods

Identity verification (KYC) — Step by step

  1. Identity document: Clear photo of your ID card, passport or driving licence.
  2. Proof of address: Electricity/water bill or bank statement (maximum 3 months old).
  3. Payment method verification: Screenshot of Skrill/Neteller showing your name and email.
  4. Approval: Up to 24 hours with BetAdvisor PRT support.

Professional trading software — Free

Both OrbitX and BFB247 include free professional trading software. OrbitX offers integrated TradingView with Ladder interface, real-time charts, one-click betting and position management — all built directly into the platform.

Why register through BetAdvisor PRT?

Frequently Asked Questions

Do you provide betting tips?

No. BetAdvisor PRT does not provide betting tips or guarantee results. Our focus is on access, onboarding and technical support.

Is this suitable for beginners?

Absolutely. The content, guides and support are designed specifically for people who have never used a betting exchange.

Do I need a VPN to access OrbitX Exchange?

It depends on your location. OrbitX does not accept connections from UK IPs. In Portugal and most European countries, you can access it directly.

What currencies can I use?

Accounts support EUR, USD and BRL. You can deposit and withdraw in your preferred currency.

What trading software does OrbitX include?

OrbitX includes free TradingView, a professional tool with ladder interface, real-time charts, one-click betting and position management — all built directly into the platform.

How long does it take to open an account?

Up to 24 hours. With complete documentation, it can be approved in just a few hours.