Betting Exchange Sites in Germany
Welcome to our guide dedicated to the best and most trusted betting exchange websites in Germany. All the sites that you can see listed below accept players from Germany. Moreover, they are rich in betting features and sports market coverage, have plenty of German-friendly payment methods, and allow you to access the exchange on mobile devices, among other things.
Apart from listing top German betting exchange websites, we will also walk you through our selection process and tell you what to look for in a betting exchange website so you can have the best possible experience.
Top German Betting Exchanges
Betting exchanges are very popular online betting platforms, which is especially the case in a sport-loving nation such as Germany. However, if you’ve never played on these betting platforms before, you might need some assistance in finding the right ones, and that’s where we come in.
Our team of experts was put on a task to find the absolute best German betting exchanges on the web. They knew what to look for, as they often visit these websites themselves and enjoy taking bets there. After countless hours of work, our experts have concluded that these are the best betting exchanges for German players in 2020. Check them out below!
Of course, this list is not final, and we will make sure to update it and adjust our rankings as new and better betting exchanges show up on our radar.
What to Look For in a Top Betting Exchange
Finding a betting exchange in Germany is not a difficult task. However, not every betting exchange is worth the investment. Some exchanges stay above the competition by offering more rewarding bonuses, lower commissions, mobile apps, and other things that will make your betting experience more enjoyable.
Here are some of the things we looked into when creating our list.
Just like sportsbooks, every betting exchange in Germany has some welcome promotion that lets you grab the opportunity of placing an exchange bet for free. Most of these promotions come in the form of free bets or refunds after you deposit and lose your first bet. They usually give you between €10 and €20 and come with a set of terms that you must follow in order to properly use the promotion (minimum deposit, minimum bet, expiration dates, and similar).
Apart from welcome bonuses that reward new players, some betting exchange sites have promotions for their regular customers. The more promotions an operator offers, the higher it ranks on our list.
Sportsbooks don’t have any commissions since you are betting against the bookie. However, for a betting exchange to make money, they must charge commissions on every player’s winning bet. The commissions are counted only on your profit. So, let’s say that you bet €100 on odds of 3.00 and made a profit of €200. If the commission is 3%, you will get €6 deducted from your win.
Commissions on exchanges are usually between 2% and 5%. Of course, the lower the commission, the better it is for you to play there. That’s why commissions are one of the first things we look into when reviewing German betting exchanges.
When reviewing these websites, we make sure that German players can use convenient payment methods available in their country. Luckily, most betting exchange sites allow credit and debit cards such as Visa and MasterCard, both of which are commonly used in Germany. Additionally, some sites on our list allow online banking services and e-wallets such as Sofort, MuchBetter, Neteller, Skrill, PayPal, and others. Since cryptocurrencies are legal in Germany, you’ll be happy to know that plenty of exchange platforms accept cryptos like Bitcoin and Ethereum.
While the contents of a betting platform are the most important things to look at when deciding where to play, it is also important to pay attention to the website’s design. Every exchange site must load quickly and work smoothly, as every second count when you’re making time-sensitive bets. The website needs to provide easy navigation to its users, helping you find exactly what you’re looking for in a matter of a few clicks.
You might think that things like colour palettes and fonts are not something that you should concern yourself with when making your selection, but if you’re serious about your betting, you will be spending hours on a given exchange site, so you should at least find one that’s pleasing to your eye.
Betting Exchange App
It is not uncommon these days that betting platforms have mobile-friendly websites. As a matter of fact, almost every website out there can be loaded on your mobile browser. While placing wagers on mobile sites is more convenient than doing so on a desktop computer, we always give praise to exchanges that have their own mobile apps.
Apps provide a better user experience and are much more stable than mobile websites. Unfortunately, not all German betting exchange operators have their own apps, but we made sure to list a few that do.
How to Use Betting Exchanges
Most sports punters are familiar only with classic sports betting sites, which is why they have a lot of questions when they first find themselves on a betting exchange platform. However, if you’re already familiar with sportsbooks, moving to a betting exchange will be a natural transition.
In this part of our guide, we will briefly explain how these platforms work and which sports and bets are available.
How Exchanges Work
Just like traditional sportsbooks, betting exchange sites allow you to place bets on the outcome of certain events. The main difference is that you will not be placing bets against the bookie but against other users of the platform. You can create your own odds and hope that someone takes those odds against you or you can accept odds from others.
In other words, the users of the exchange both back and lay bets against each other. The exchange makes money by imposing a small commission on every winning bet. Nevertheless, betting on an exchange is much more profitable than doing so on a sportsbook website, simply because the odds are made and controlled by punters themselves, thus potentially being higher than usual.
To start placing bets on a betting exchange in Germany, you need to register on one of the websites from our list. Create an account by giving out some of your identification details. Don’t worry, as we made sure that all our selected sites are 100% safe and legal. Once you complete the registration process, deposit money into your account and make sure to claim the website’s welcome offer. After the deposit has gone through and your welcome bonus is ready to use, find the sports markets that you’re interested in and start placing bets.
What Kinds of Sports Are Available
Sports markets you can find on a betting exchange don’t differ from those you can bet on while playing on an online sportsbook. The most popular sport, of course, is football, so the best opportunities for finding great odds will be on markets such as the Champions League, Premier League, Bundesliga, La Liga, Serie A, and others.
Other popular sports include basketball, tennis, handball, hockey, golf, boxing, horse racing, American football, baseball, cricket, rugby, volleyball, and more. Some exchange sites also have odds for novelty bets like political elections and television competitions.
What Kinds of Bets Are Available
No matter if you’re backing or laying a bet, there are plenty of different bet types you can find on top betting exchange sites. Of course, the most common type of bet is the straight bet, or betting on the final outcome of a given event. In the case of football matches, the users of the exchange platform can create odds for a home team win, an away team win, and a draw.
Other bets include over/under, double chance, Asian handicap, half-time result, correct score, and others. There are also some interesting proposition bets like time of the first goal, first goalscorer, number of corners, and number of yellow and red cards, to name a few.
Apart from taking bets on the outcome of a single event, punters can also bet on the outcome of the entire competition. These are also called outright bets. For example, you can create odds you see fit for Bayern Munich to win the Bundesliga.
If you decide to play on an exchange site from our list, you will find that the most popular events have several dozen betting markets available.
What Are the Best Betting Exchanges in Germany?
Betting exchanges might all look the same on the surface, but there are plenty of nuances that separate the best from the rest. We listed websites that have a strong reputation among punters and are generally trusted in the sports betting industry. These sites have earned the punters’ loyalty by continually offering them promotions and by covering all the major sports markets. They also have great-looking websites that never crash and can be loaded on multiple devices.
Betting Exchanges in Germany — The Final Words
German punters are lucky enough to have dozens of betting exchange websites at their disposal. However, selecting a betting exchange for the first time might leave you clueless as to which platforms are truly worth your time and money.
We believe that there isn’t a single best betting exchange for everyone, as each punter has their own preferences. That’s why we created a list where you can find several safe, legal, and trusted exchange sites that allow you to bet on some of the most popular sports markets in the industry while taking advantage of rewarding promotions and free bets.
Of course, there are many factors that you need to take into account before making your selection, so take a look at all these sites and choose wisely. Good luck!
Betting Exchanges in Germany — FAQs
What is a betting exchange?
A betting exchange is a sports betting platform where users back or lay bets on various sporting events. It is different from a traditional sportsbook because you are not taking bets against the bookie, but instead, create your own odds or take odds from other users of the platform.
How do I place a bet on a betting exchange?
To use this type of betting platform, you first must create an account on one of the websites from our list. Once you do that, you should deposit some money into your account using one of the available payment methods. After the deposit goes through, you can start browsing the website and exploring its betting markets.
Do I have to pay a commission on my winnings?
Yes, betting exchanges make money by imposing a small commission on every winning bet. While creating our top list, we made sure that the websites we included have reasonable commission rates that usually move between 2% and 5%. Some operators will also offer lower commission rates for loyal users that have played for a long time on their website.
Do betting exchanges offer any bonuses?
Yes, every exchange on our list has a great selection of bonuses for new players. These welcome bonuses usually come in the form of free bets that you can pick up after the settlement of your qualifying bet. It is also common for exchange operators to offer promotions for punters who have already made a deposit in the past.