The Best Cricket Betting Exchange Sites & Apps in India 2024

Exchange betting is a special type of betting which differs in that the odds are directly dependent on the bettors and their bets. It is formed on the basis of all the money bet on this or that outcome, and the bookmaker does not influence its size in any way. 

On this page you will learn all about cricket betting exchange sites, study how odds are formed and how you can join and win. Get a list of the best cricket betting sites, choose the right platform for you and start winning today!

Written by Jayesh Bhattar.
Fact checked by Avesh Joshi.

Learn all about cricket betting exchange sites, study how odds are formed and how you can join and win.

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.

Fun88

Fun88 – one of the best representatives in the field of betting exchanges. In a separate section, players can bet on certain events, as well as place Back or Lay bets. At the same time, the Fun88 bookmaker has a pleasant and convenient interface and adjusts to the interests of Indian bettors, supporting Hindi and offering INR as the main currency. Speaking about Fun88’s license, the platform is regulated by the Philippine Amusement and Gaming Corporation.

Place your cricket bets on the official Fun88 website.

Pros and Cons

  • Active exchange with high liquidity;
  • Wide sports line;
  • Low minimum deposit limit of Rs. 200;
  • Convenient banking for deposits and withdrawals;
  • Several types of bets;
  • Unique bonus programs for new and active players;
  • 24/7 support service.
  • The welcome bonus is quite small.

Features

The following main features of Fun88 can be highlighted:

  • Provides various cricket events, as well as other sports events;
  • Pretty high odds;
  • Low commissions;
  • Mobile app for Android and iOS;
  • User-friendly interface of the site and clear navigation;
  • High security level.

Deposit and Withdrawal Methods

Fun88 offers various payment methods which are popular among Indian bettors, such as: Paytm, UPI, AstroPay, ecoPayz, SticPay, Visa, MasterCard, etc.

Satbet

Satbet started its history in 2021 and is now a relevant betting exchange with tens of thousands of bettors. The relevant section will always be filled with a good selection and a full range of winning features will always be at your fingertips. Moreover, all Satbet new users get a special welcome bonus.

Satbet is a relevant betting exchange with tens of thousands of bettors.

Pros and Cons

  • Legal in India;
  • A large selection of tournaments is available for bettors in different sports disciplines;
  • Good choice of odds on the exchange due to the high activity of users;
  • Fast withdrawals;
  • Easy registration and verification process.
  • Navigation can be difficult for new players;
  • Mobile app is under development.

Features

Satbet is committed to providing the best betting experience and has the following key features:

  • Live streaming of sports matches;
  • Several types of bets;
  • Exchange section filled with cricket betting odds;
  • Quick withdrawals without commissions.

Deposit and Withdrawal Methods

At Satbet can be found and used for deposits and withdrawals the following popular payment methods: UPI, Google Pay, PhonePe, Paytm, Net Banking, Bank Transfer and others.

Windaddy

Windaddy offers you everything you need for exchange betting on dozens of sports disciplines. At the same time, the bookmaker has a pleasant and user-friendly interface, which will allow new players to get used to it quickly. If you want to place a few bets at a standard sportsbook, you’ll have plenty of options to do so as well. In addition, Windaddy offers a generous and varied bonus system, where you will find both sports and casino bonuses, as well as cashback and special promotions.

Windaddy provides everything you need for stock betting on dozens of sports disciplines.

Pros and Cons

  • Operates under an official license;
  • Various betting markets and competitive odds;
  • Huge focus on cricket betting;
  • Quick withdrawals without commissions;
  • Streaming of sports matches;
  • Easy registration;
  • Wide range of banking options, low minimum deposit.
  • Doesn’t support cryptocurrencies;
  • No Welcome Bonus for the Sports section;
  • Android and iOS apps are under development.

Features

Windaddy provides many benefits and here are some key of them: 

  • Two operating modes Line and Live;
  • Supports Hindi and accepts INR;
  • Provides various content, including eSports and virtual sports;
  • Different bonuses and promotions;
  • Easy and fast registration process.

Deposit and Withdrawal Methods

Windaddy supports the following payment methods for deposits and withdrawals: PhonePe, UPI, Mastercard, Visa, Skrill, Neteller, G-pay and others.

Fairplay

Since its inception in 2020, Fairplay has positioned itself as a great bookmaker with its own betting exchange available for Indian users. Here you will also be satisfied with the markets, as there are many active players on the exchange. That said, all your bets are legal and the bookmaker’s license is Curacao 8048/JAZ.

Fairplay offers dozens of sports disciplines and casino games that can be bet on the site or through the mobile app.

Pros and Cons

  • Big welcome bonus (100% bonus up to Rs. 100,000);
  • All popular payment systems for INR are added;
  • Low commissions, high liquidity;
  • Possibility of crypto betting exchange;
  • Great customer service;
  • Comfortable navigation.
  • There is no betting app.

Features

Fairplay comes with an incredible range of features that will improve your betting experience:

  • All bets are taken within 1-2 seconds;
  • Access to statistical information about the opposing teams;
  • Accepts cryptocurrency and promotes it;
  • Hindi language support.

Deposit and Withdrawal Methods

Fairplay provides Indian players convenient ways to deposit and withdraw funds PayTm, Google Pay, PhonePe, Cryptocurrency, Visa / Mastercard, UPI and others.

Dafabet

Dafabet is a widely known and trusted bookmaker in India that provides users with an intermediary exchange section. The commissions are low and the section has an excellent range of matches and outcomes. The bookmaker adheres to fair play rules (license number 8048/JAZ) and makes sure to keep players satisfied.

Dafabet offers sports betting and provides various sports events, as well as casino gambling.

Pros and Cons

  • Advanced exchange section with low commissions;
  • Highest security level;
  • Supports Hindi;
  • Fast withdrawals;
  • Generous bonuses and promotions for Indian players;
  • Great customer service via live chat, email and phone line.
  • There may be slight delays in Live Betting.

Features

Dafabet understands the needs of the Indian bettors and tries to accommodate them by offering various features:

  • Good choice of exchange odds;
  • Detailed statistical information about each team match;
  • High feature app for Android and iOS;
  • Several payment systems for using INR;
  • Intuitive interface and clear navigation.

Deposit and Withdrawal Methods

The following popular payment options are available at Dafabet: Visa, ecoPayz, UPI, Bank Transfer, Skrill, PhonePe, AstroPay, Bitcoin and others.

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:

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

What Are the Best Exchange Betting Sites in India?

All the exchange betting sites on our list are excellent platforms, each of which will provide you with the best choice of services. You can choose any of them based on your preferences, register and start betting with maximum comfort.

Can Betting Exchange Sites Operate Legally in India?

Сricket betting exchange sites that accept Indian players, are based out of the country and regulated by the relevant licensed authorities, so you can be assured of their legality.

What Are the Types of Betting Exchange?

There are several types of betting exchanges on sporting events. Lay Bet and Back Bet are the main ones. The odds are formed on the basis of bets placed by players.

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