Which is the most suitable exchange apis for getting betting odds on my webapp
Suitable API for my customised web app
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It's not clear what you're asking. The only API is the one provided by BetFair. If you mean a Javascript library which implements that API then you might find this Javascript BetFair API useful as a foundation. The link to it is on the BetFair Sample Code page. Other samples there, even if not Javascript, can provide insight into what you need in your code.
So far, however, I'm finding a lot of reference to what things look like and very little explanation of what these things are and mean and how they're used. It seems that BetFair want developers but only those who are prepared to penetrate the Fog of Minimal Documentation to fish in the Sea of Mysterious Objects. ;o)
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Betfair offers web rest api for web applications, which is more suitable than rest api used by desktop apps, mainly when your app will be used by betfair users, so will not just show odds data.
For instance I have used web api for this web app:
http://bfexplorer.net/Products/CashOutAll
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