The Best Cricket Betting Exchange Sites & Apps in India 2024

Top 5 Cricket Betting Exchange Sites and Apps in India 2024

In the table below you will find a list of cricket betting exchange webites and apps with generous bonuses that are 100% legal and safe in India.

Rating	Highlights	Bonus	Link
1 Fun88 CBG Rating 5 Read review	Fun88 Highlights Minimum deposit of INR 200 Fast withdrawing Official sponsors for CPL T20 & other	Welcome bonus 250% up to INR 12,500	Newcomers of Fun88 can get a bonus of +250% up to INR 12,500 after registration. Get Bonus
2 Satbet CBG Rating 4 Read review	Satbet Highlights Official Curacao License Minimum Deposit INR 500 Quick Withdrawals	Welcome bonus 50% Up to INR 10,000	Satbet cricket betting site offers a welcome bonus for new players of up to INR 10,000. Get Bonus
3 Windaddy CBG Rating 4 Read review	Windaddy Highlights Minimum Deposit INR 500 Easy Account Registration Lots of Sports Events	Welcome bonus 100% Up to INR 11,000	Create a profile and get a 100% welcome bonus of up to INR 11,000. Get Bonus
4 Fairplay CBG Rating 3 Read review	Fairplay Highlights Minimum deposit INR 500 Accepts INR Convenient mobile app	Welcome bonus 100% up to INR 100,000	Welcome bonus for new users to the amount of the first deposit. Get Bonus
5 Dafabet CBG Rating 3 Read review	Dafabet Highlights Most trusted bookie in India Multiple betting markets Good bonuses for new players	Welcome bonus 60% up to INR 30,000	Dafabet offers all new users a bonus of 60% up to INR 30,000. Get Bonus

Cricket Betting Exchange Sites and Apps Review

If you have familiarized yourself with what exchange betting is and realized that this format suits you, we have prepared a list of the best representatives for you. Each of them, in addition to the standard sportsbook, has a separate section with a betting exchange, where you can determine odds with other players. These sites are fully legal, have an international license and enjoy wide popularity and reputation in India.

To get a better idea of the best cricket betting exchange sites, we have prepared for you small reviews with basic information. Each of them is good in its own way and certainly won’t be a bad choice, so choose the right one for you and start playing.

What Are Betting Exchange Sites?

Betting exchanges provide the same opportunities to bet as a bookmaker with a few differences. The platform brings together bettors who wish to bet directly against each other and set odds. Thus, you bet according to the opinion of other bettors or against it. The size of the odds is formed solely on the basis of supply and demand of betting exchanges. The bookmaker’s site acts as an intermediary and earns on internal commissions on such bets.

How to Use Betting Exchange Sites?

Having decided on an exchange betting site, you can start playing. We have prepared a step-by-step guide to get you started quickly:

1. Register. Choose a bookmaker from our list and go through the sign up procedure by clicking on the appropriate button and filling out the registration form.
2. Make a deposit. Go to the menu of your personal cabinet and click on the “Deposit” button. Choose one of the payment systems you want to use for the transaction, enter the amount, bank details and confirm it.
3. Go to the betting exchange. Go to the “Exchange” section on the bookmaker’s website and select a sports discipline. A sheet with all available matches and exchange odds will open in front of you. Choose the option that suits you, the amount and confirm the bet.

Now you have to wait for the end of the sporting event, and when it happens, the bookmaker will credit your winnings to your balance.

Payment Options

The best betting exchange sites presented in our list have excellent environment for using INR for deposit and withdrawal. On them you will find all popular payment methods, assuming fast and reliable transactions, with the bookmakers actively adding new ones for the comfort of users. 

Among the most popular payment options among Indian bettors are:

• UPI;
• PayTM;
• PhonePe;
• NetBanking;
• Skrill;
• Neteller;
• VISA;
• MasterCard;
• ecoPayz;
• Jeton Wallet;
• Piastrix;
• PayPal;
• Bank transfer and many others!

Account replenishment by each of these methods is instant, while withdrawal conditions and transaction limits are unique for each bookmaker. You can familiarize yourself with the details on the “Banking” page in the menu of your account. It should be noted that only official pages of payment systems are used for money transactions, so your data is reliably protected.

Types of Bets at Betting Exchange Sites

There are two main types of exchange bets available to users: back and lay.Try both of them for a new and unique experience. Let’s talk about types of bets in detail below:

• Back Bet. In this type of bet, you bet on a certain outcome. Thus, the mechanics do not differ much from the usual line sports betting. In this case, the odds are set on the basis of the bets of other participants of the exchange platform, respectively, it can be higher than the bookmaker offers from his side.

• Lay Bet. In this kind of bet, the bettor takes on the role of a bookmaker. It is a bet “Against”, that is, you place it on the fact that a certain outcome will not happen. Lay Bet is considered to be more risky as here you are not formally agreeing with the opinion of the majority of bettors.

Cricket Betting Exchange: Advantages and Disadvantages

Betting exchanges are becoming an increasingly popular and attractive alternative for many punters, as it’s a great way to get the best odds on sports and give yourself a better chance of winning. However, there are some slight drawbacks that can have an impact on your user experience. We have taken a close look at the advantages and disadvantages of exchange betting and mapped them out below:

• Odds are formed based on supply and demand, so they can be higher than those offered by the bookmaker;
• A better understanding of the probability of a particular outcome, built on the opinions of other bettors;
• As the odds are set by the punters, the bookmaker charges a minimal commission for betting on the exchange;
• A large selection of very low odds available for betting (have high probability);
• Different betting exchange sites have their own bettors and their own odds, which effectively provides a win-win betting environment;
• The selection of odds and markets are always lower than those offered by the bookmaker themselves;
• Higher odds are usually found on secondary and non-popular markets.

Features

Exchange cricket betting sites have unique features that standard online bookmakers cannot offer. Familiarize yourself with them below:

• The ability to hedge your bets and lock in profits if the odds go up;
• The opportunity to bet on an outcome that will not happen. “Against” bets give punters the chance to become bookmakers and make more money on other losing bets;
• The ability for bettors to lock in profits before the event even starts.

Betting exchanges do not limit bets, making them an ideal platform for experienced and professional players who are immersed in the sports betting industry.

FAQ