₹10,000
This guide will cover a detailed review of the best betting exchange sites in India. We will discuss what a betting exchange truly means and compare the top bookmaker that provides this service.
Signing up with a reputable and decent bookmaker is a great way to start your betting exchange journey. However, finding one could be tedious. We’ve been able to pick a few betting platforms for your betting exchange.
These sites were selected by experts in the sports betting industry who analysed these operators before making a selection. Factors such as their safety, reliability, betting odds, and features were considered, ensuring they provided the best. Below is our list of the best betting sites in India to carry out your betting exchange.
Welcome bonuses are a top feature of betting sites, so signing up with one that offers them is essential. These bonuses allow you to place bets and explore various options on the site.
However, the procedure for claiming them is vital, from the qualifying deposits to the wagering requirements. For instance, our 100RS signup bonus betting sites allow bettors to claim their welcome offer with 100 INR or less, a decent amount for all player levels.
Below is a table with our selected Indian betting exchange sites and their welcome bonuses.
Let’s review all the betting exchange sites we listed earlier. We will analyze their features and their pros and cons.
Crickex ranks as one of the top betting exchange sites in India for various reasons. One of them is their sports offerings. While they are famous for providing odds and various betting markets for cricket, you will also find other sports like Soccer, Volleyball, Tennis, and more to wager on.
They also have an exciting collection of games for players who love to wager on casinos. These games include slots, tables, and crash games.
Crickex also stands out in terms of bonuses and promotions. New players get an instant ₹300 rapid bonus, and existing users have a variety of promotions to choose from.
The platform has a mobile app and allows customers to bet on live games and use the live streaming service to watch their favorite teams. Cricket also has 24/7 customer support and allows players to change their language and currency.
Another platform that made up our list of cricket betting exchange sites in India is Fun88. Fun88 offers sports, casinos, virtuals, TV, and card games.
The site provides three vendors for their sports offerings: B2B, Saba, and Fun888 Sports. You can access any of them to wager on the site’s various sports, including cricket, football, table tennis, and basketball.
They also offer one of this region’s best cricket betting apps, allowing you to place cricket wagers and any other sport on the platform.
Fun88 provides quality slots, baccarat, roulette, and blackjack games from leading providers. In addition, the site boasts promotional offers, including a 100% welcome bonus of up to ₹1,00,000 for new members who use our Fun88 bonus code. Other betting features available on Fun88 are live betting and streaming service, easy payment methods, a Fun88 blog, and 24/7 customer service.
Dafabet is our final pick for the top betting exchange sites in India. Licensed by the Curacao Gaming Commission, the betting site has two sports vendors: Dafa Sports and OW Sports. These allow you to wager on a comprehensive list of sports, such as cricket, kabaddi, tennis, football, basketball, and more.
Casino players will also find their place on Dafabet. The site has a section to enjoy quality jackpots, slots, tables, and live dealer games. You can wager on sports, casinos, and live games on desktop and mobile sites.
Alternatively, you can access the platform via mobile applications. They offer one of the best betting apps in India, with Dafasports, OW and the casino having separate apps.
Dafabet offers new players a 160% first deposit bonus up to ₹16,000 when they sign up using our Dafabet promo code, and existing players have various bonus options. Dafabet offers other attractive features, such as live betting and streaming, 24/7 customer support, and easy payment methods.
Satbet ranks high amongst India’s sports betting exchange sites, and the reasons are plausible. The site boasts an impressive sports section with over 20 sports and a wide betting market range. These sports include cricket, soccer, tennis, baseball, basketball, and volleyball.
We also consider them one of the best online casinos in India due to the quality and variety of games they offer. Slots, table games, bingo, and scratch games are some of the games on the site. Customers can rest assured that wagering on the site is safe. The site has a Curacao Gaming Commission license, which explains its legitimacy in this region.
As a new player starting on the platform, the site gives a 100% bonus of up to ₹10,000 with our Satbet promo code. Other promotions will also be available to you as you settle in.
Satbet has a mobile app for betting exchanges. It also offers users other benefits, such as live betting and streaming, different customer support channels, easy payment methods, cashouts, and more.
Bettors looking for new betting exchange sites to sign up with will fancy Fairplay. The site allows betting on various sports and casino games. Among the sports you will find on the site are cricket, tennis, football, horse racing, and basketball.
If casinos are where you find the most fun, they offer exciting slots, baccarat, roulette, poker, blackjack, gameshow, and live casinos. Bettors can rest assured that wagering on the platform is safe. The Curacao Gaming Commission has licensed the site to operate in this region.
Interestingly, Fairplay provides new players with 350% first and second deposit bonuses using our Fairplay bonus code. Other features we discovered on the site are 24/7 customer support, live betting and streaming, cashout, account statements, and betting profit and loss.
A betting exchange is an innovative platform that allows users to place bets against one another rather than against a traditional bookmaker. This peer-to-peer betting model transforms the way individuals engage with sports wagering, creating a more dynamic and interactive experience.
In a conventional betting scenario, when you place a wager with a bookmaker, you are essentially betting against the house. The bookmaker sets the odds and profits when bettors lose. However, in a betting exchange, users have the power to determine both the odds and the markets. This means that bettors can back (bet on) or lay (bet against) outcomes of sporting events, allowing for greater flexibility in betting strategies.
For example, if you believe that a particular team will win a match, you can back that outcome. Conversely, if you think that team will not win, you can lay a bet against them. This unique structure means that every wager is matched with another user who has an opposing view, creating a marketplace for bets.
The revenue model of betting exchanges also differs from traditional sportsbooks. Instead of making money from losing bets, exchanges charge a small commission on the winnings of successful bets. This aligns the interests of the exchange with its users, as both parties benefit from successful outcomes.
Overall, betting exchanges provide an exciting alternative to traditional betting methods by fostering competition among users and offering them greater control over their wagering options. This innovative approach not only enhances the betting experience but also encourages strategic thinking and engagement among bettors
A betting exchange provides the concept of backing and laying a bet. Let’s explain these concepts to help you understand how it works.
Back betting is the most straightforward form of wagering, where a bettor places a stake on a specific outcome they believe will occur. For instance, if you think Team A will win a match, you can back Team A by selecting their odds and confirming your stake. If Team A wins, you receive your original stake plus the winnings based on the odds at which you placed your bet.
Let’s take a cricket game between England and Australia, for example. A back bet on England means the team must beat Australia to win the bet.
Lay betting allows users to bet against a specific outcome happening. This is particularly appealing for those who want to take on the role of a bookmaker. For example, if you believe Team B will not win their match, you can lay a bet against them. If Team B loses or draws, you earn the stake from the backer who believed Team B would win. Lay betting introduces an additional layer of strategy, as it requires an understanding of both the event and market dynamics.
Basically, lay bet is a wager on an outcome not to happen. It’s more like assuming the role of a bookmaker. Let’s take an Indian Premier League game between Delhi Capitals and Punjab Kings with a bettor already backing the former to win. All you have to do is to back the opposing side.
In other words, you place a lay bet that Delhi Capitals will not win. Hence, if Punjab Kings win or the match ends in a draw, you win the bet. You can place your lay bets on some of India’s best IPL betting sites.
Matched betting refers to using the difference in odds between bookmakers to your advantage. This way, you benefit from an event no matter how it turns out.
It involves wagering on every possible result of an event at the same time while ensuring that no matter what happens, your combined bets will guarantee a profit.
For instance, you can wager on a bookmaker with fixed odds and then place a lay bet on one of the betting exchange sites in India to match your initial wager.
Here, we will take you through how to wager on betting exchange sites in India.
The first step is to choose a betting exchange platform to back and lay bets. However, you must consider several factors before making your selections. These include licensing, customer support, promotions, payment options, commission rates, etc.
The next step is to create your betting account. You can sign up via your chosen site’s betting exchange apps or through their mobile or desktop sites. All you need to do is provide whatever registration details the site requires, ensuring that you enter them correctly so the operator can set up your account.
Welcome bonuses are a good way for players to begin their journey on a betting platform. This is why joining a platform that offers one is essential. Also, ensuring that you can easily claim them is another.
Most of the time, betting exchange sites in India require you to make a qualifying deposit to claim their offer. Afterwards, specific wagering requirements may follow.
The next step after signing up is to fund your account. This also helps you to claim the welcome bonus. You can do this in the deposit section of your chosen bookmaker. There, you will find various payment methods to fund your account.
Finally, you can place your bet. A player offers a bet on a specific event, while another on the exchange site accepts and places an opposing bet. Before betting against each other, players must agree on the odds and stakes for an event.
There are several reasons why betting exchange sites are the go-to medium for many players. One of them is that players determine the prices and odds for bets instead of the bookmaker. Exchanges have more flexibility, offering better odds than bookmakers with fixed odds. Hence, you get better value for your bets.
Also, since betting exchange sites in India permit you to back and lay a bet, you can wager on an outcome that will be the opposite of what you already placed on a bookmaker. This way, you can ensure a profit or lower your risk. It’s undoubtedly an exciting way for bettors to compete, needing you to get someone on the other side of the action.
Betting exchange sites in India and traditional sportsbooks are both platforms for placing bets. In fact some traditional sportsbooks function as a betting exchange platform. While they are similar in some ways, they also have some differences.
One way betting exchange sites differ from traditional bookies is that they allow players to bet against each other instead of against a betting site. Hence, you are not limited to backing a specific outcome but also opposing it.
Furthermore, betting exchange sites offer better odds since they are usually determined by the payers compared to traditional bookmakers that offer set odds.
Additionally, betting exchange sites are unlimited as they are unconcerned with the outcome of your bet. With traditional sportsbooks, on the other hand, you may experience limitations such as restricting your stake amount, closing your account, cancelling your bets, and more.
However, one thing to note with sportsbooks is that they are easier to understand, unlike the exchange sites, which look complicated.
Players must also understand that betting exchange sites in India take a commission but are very low. While sportsbooks do the same, it’s usually not as obvious as betting exchanges. Sportsbooks already infuse theirs into the odds, making money irrespective of your game’s outcome.
One way to make exchange bets is via betting exchange apps. It’s a beautiful alternative to wagering on desktop and mobile sites. With it, you have more flexibility, ensuring you can easily place bets on the go, wager on events in real time, and more. It’s more convenient and faster to wager with an app.
Also, betting exchange apps offer a personalised betting experience. You have several features to utilise, from match recommendations based on your betting history to push notifications about your favourite sporting events. Cricket, Fun88, Satbet, and Dafabet are the platforms in this guide that offer mobile applications for your betting exchange.
Having a strategy for your betting exchange would go a long way for bettors. It helps you get the best out of your bets. We will analyse a few helpful tips.
It’s advisable to wager on sports that you understand well. This way, you can become an expert in your chosen sport, knowing how the market works. Also, you will have a competitive edge over bettors who don’t specialise in a specific sport.
This strategy is mostly for seasoned bettors with enough experience in betting. The idea is to think of a few unlikely correct score scenarios and lay all. It’s a high-risk strategy in which you could lose a lot but also gain a lot.
This strategy involves finding sporting events a few days or weeks away with clear favourites and underdogs and backing them. You lay the same event once you notice that the odds are becoming less favourable a few days before the game.
Another scenario is laying the winning underdog in a live game. The odds will increase during this time, creating the perfect time to lay. However, you shouldn’t do this if you think the underdog might win.
This is very important for players looking to wager on betting exchange sites in India: Do not risk more than you can afford. In other words, set aside a specific amount for specific periods and stick to it.
Bookmakers usually offer bonuses and promotions to bettors, which can be in the form of free bets. With these free bets, you can place a back bet on a site while placing a lay bet on another platform. This way, you can cover all possible outcomes while making a profit.
A top betting exchange site must offer various payment options for bettors to deposit and withdraw money. The ease, swiftness, safety, and convenience of using these payment options are also key. Below are the main payment methods used by betting exchange sites in India.
With platforms like Fun88, Satbet, Dafabet, and Crickex, you can conveniently fund and withdraw money from your accounts. These platforms are some of the best betting sites in India with instant withdrawal and deposit methods.
However, one thing to note about these betting exchange sites in India is their payment limits. Their minimum and maximum deposit and withdrawal methods vary across these sites.
It’s advisable to withdraw funds using the same methods as deposits. To avoid payment issues, bettors must verify their identity and payment details before processing transactions from these sites. If any deposit or withdrawal problem persists, they can contact customer support via various channels through their betting exchange apps or sites.
Betting exchanges are legal in India. If you’re at least 18, you can wager on cricket and every other sport your chosen platform offers. One reason why our selected bookmakers are considered the best betting exchange sites in India is their licensing. They are all licensed by the Curacao Gaming Commission, proving they are safe and legitimate.
Placing a betting exchange wager is similar to betting on India’s best football betting sites. You must sign up, fund your account, and wager on a specific event. The exchange covers football and other sports, including cricket, volleyball, politics, and more.
Unlike traditional sportsbooks, betting exchanges have many benefits once you understand them properly. These include having better odds, no limitations, two-sided bets(back and lay), and more.
We’ve provided you with the top betting exchange sites in India so you can experience this. These sites offer exciting features to make your time on the platform worthwhile. Players can use the links in our banners to claim these site’s welcome bonuses.
