BetDEX Review
"The sports betting exchange built for the bettor."
BetDEX is a sports betting exchange where users bet against other participants, with competitive odds, back and lay betting, and low exchange fees.
Pros
Back and lay betting
No premium charges for successful bettors
Pre-match and in-play betting
Legal Info
BetDEX operates internationally as a sports betting exchange
The platform currently references licences covering its operations in Ireland and Anjouan
Features
Peer-to-peer betting exchange
Exchange API for automated trading
Brokerage option for selected larger stakes
Additional Info
Maximum practical stake depends on available exchange liquidity.
Crypto funding options include currencies such as USDC, USDT, BTC and SOL.
Overview of BetDEX
BetDEX is a sports betting exchange, meaning it works differently from a traditional fixed-odds bookmaker. Instead of the bookmaker always taking the opposite side of the bet, customers place orders that are matched against other market participants.
Prices are formed through the exchange order book. When a compatible back and lay order is available, the bets are matched. BetDEX uses best-price execution and FIFO order priority, meaning earlier orders at the same price are matched first.
This model can provide competitive prices because the exchange does not need to build a traditional bookmaker margin into every market. BetDEX instead earns through commission on profitable markets.
BetDEX also uses the Monaco Protocol, which provides the underlying technology for its sports betting exchange. The platform was developed by a team that includes former FanDuel founders and employees.
BET-IBC & VIP-IBC & BetDEX
VIP-IBC makes the offers of BetDEX available to everyone. VIP-IBC combines offers from more than 25 bookmakers in one account. This gives bettors the possibility to place bets and compare the available prices and liquidity across multiple providers without having to manage a separate account with every individual operator.
Types of sports
BetDEX concentrates mainly on major sports and competitions, including:
Football
Tennis
Basketball
American Football
Baseball
Ice Hockey
Cricket
Available Bet Types
Football offers particularly broad coverage, including full-time results, several goal totals and Both Teams to Score. Additional handicap, cards, corners and other markets can also be available on selected events. The markets available depend on the sport and event. Common options include:
Match Winner / Moneyline
1X2
Over/Under Totals
Spread / Handicap
Both Teams to Score
Half-Time Markets
Tennis Set Markets
Selected Correct Score Markets
Live / In-Play Markets
Other Relevant Information
Liquidity is particularly important when using BetDEX. A bettor can request almost any stake, but the order can only be fully matched when sufficient money is available on the opposite side of the market.
This means popular competitions generally offer better opportunities for larger bets than smaller events. BetDEX has also introduced a brokerage service intended to help with selected wagers that are larger than the liquidity currently available directly on its exchange.
BetDEX also supports direct API access for users who want to integrate market data or trade programmatically.
Sign Up Process
BET-IBC offers its clients the chance to use the product package of BetDEX through its cooperating service of VIP-IBC. You can, of course, always use the option to transfer funds to it from any other betting account that you have opened through our services.
Customer Service
- 24/7 BET-IBC SUPPORT AVAILABLE
Easily get in touch in over a dozen languages
Do you have any questions about BetDEX? Our support team is available 24/7 to assist you, please contact us through Live Chat from our web page, Telegram or by email at support@bet-ibc.com and we will be happy to respond to all of them.
The Bottom Line
BetDEX is most suitable for bettors who prefer exchange betting, back and lay markets, competitive pricing and fewer restrictions on successful players. Its low commission and in-play functionality make it an interesting alternative to traditional sportsbooks.
Through VIP-IBC, bettors can access BetDEX together with 25+ other betting sources, making it easier to compare prices, liquidity and available stakes from one account.
Terms & Conditions Apply