Cricket Exchange Betting App – The betting exchange site does not go with the traditional sportsbook, allowing bettors to place bets instead of the bookmaker by setting your own prices and markets. This article will focus on the best of these platforms, reliable Betfair alternatives in India and the best exchange betting app available for Indian punters.

Imagine you are betting in a sportsbook belonging to one of the best cricket betting sites in India. Here, regardless of the market, you can bet on only one outcome. For example, you can bet on Ireland to win against England.

Cricket Exchange Betting App

That’s because traditional sportsbooks don’t have that option. Of course, you can bet England to win against Ireland, but that will see a big drop because England are the better team in every format (at the time of writing).

Best Betting Exchange Sites & Apps 2023 In India

This is where cricket betting exchange sites come in. They allow you to place bets, which means you can bet on outcomes that may not happen. Take the above example, you can bet on Ireland to lose to England.

Matchbook is India’s leading Betfair alternative, particularly suitable for casual bettors. It is suitable for market management, but a feather on the cap is their betting exchange app, available on iOS and Android devices.

Overall, we are very impressed and have no hesitation in rating Matchbook as one of the most popular and user-friendly betting exchanges in India. Minor drawbacks include the commission, which is 4% – higher than most exchanges in India. Additionally, the site does not accept many Indian specific betting methods. However, everything else Matchbook has to offer more than makes up for these shortcomings.

Although Crickex is new to the world of online betting, we believe they have serious potential to become one of the best betting exchanges in India. Yes, there are limitations, including their almost tunnel vision of cricket.

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On the other hand, however, this cricket betting exchange is primarily designed for Indians as well as gamblers from Bangladesh who are trying to bet online. Considering that the subcontinent does not have many betting exchanges for punters in the region, this in itself is a remarkable achievement.

The launch of its sports betting exchange in India in 2021 is a real hit for the bookmaker, which has its fair share of loyalists. The betting exchange has a strong backend infrastructure, thanks to which backs and bets change quickly in real time.

While the exchange is sufficient to meet general betting exchange needs, Fun88 needs to work on its UI and features to keep seasoned punters on the hunt for a complete betting exchange site.

As one of the leading cricket bookies in India, Dafabet has done a great job of providing betting exchanges that cater to the needs of both occasional and regular punters. Dafa Sports Exchange comes with many features that give you a rewarding experience when you sit back and bet. Most importantly, it is available on both Android and iOS.

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A recent entrant as a betting exchange site, Parimatch neither surprised nor disappointed. Sportsbooks on the exchange are currently limited to football, cricket and tennis, but we hope to introduce horse and greyhound racing soon. To address the scope of betting exchanges, operators are live streaming selected cricket matches under the ‘Live TV’ feature (top left of the screen), but we must tell you that it is not exactly a hindrance. Management.

Also, having an easy and fast banking option for you to transfer money to your exchange account will definitely help.

Overall, we definitely recommend the Parimatch betting exchange site, but only if the others aren’t cutting it for you.

Curaçao’s betting exchange has hit the bullseye in the range of sports covered at its betting exchange. Apart from cricket, football, basketball and kabaddi, it also covers sports giving sports players an added edge.

Best Betting Exchange Sites

While we’re big fans of the variety and payment options Indibet offers, we’re not too keen on the website design, which currently looks boring and bland.

Now that we have identified and explained the top betting exchange sites in India, we will tell you how to use one. To do this, we have compiled three simple steps below:

The betting exchange sites we recommend offer all kinds of welcome bonuses and free bets. The best welcome bonus is usually available for signing up with the bookie, while for others, you need to make your first deposit. We recommend you bet for free, as they give you extra money to play with.

While the exact level of options varies across cricket betting sites in India, here are some of the top payment methods that most of them offer:

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Withdrawals are usually made using the same betting methods as deposits. However, if you cannot see the deposit method as an option for withdrawal, go ahead and use Netbanking. Although the processing time is slow, it is available across all betting sites in India, making it the most reliable payment method overall.

This is a very simple bet type, and one offered by all sports betting sites. Suppose you are betting on the Ashes, one of the premier cricket tournaments in the world. Here, the ‘win’ bet is only when you return to Australia (or the UK, depending on your choice) to win the prize.

In essence, you place your money on a certain outcome and hope the race/event spreads. Also, there is a higher probability of landing with this type of bet.

This type of bet is what mainly distinguishes the bookie from the betting exchange. The former only allows you to bet on a win, while with the latter, a ‘place’ bet is also an option. This allows you to bet on a certain outcome of a match that will not happen. When you do this, you are essentially playing the role of a bookkeeper.

Case Study: Betfair

A ‘place’ bet is usually risky because it requires betting on the returns of other punters. Therefore, you have a lot to lose if you don’t get it right (ie, the outcome you bet against happens). That’s why you should use a betting calculator before placing one of them with a betting exchange.

Before we explore some of the Betfair options in India, let us first understand the problem here that prompted us to look for an alternative. Betfair is undoubtedly the most popular and largest betting exchange in the world, but there are two things to keep in mind.

First, Betfair charges huge commissions (up to 5-7% of your winnings), which can lead to lower long-term profits. Second, and more importantly, Betfair does not operate in India, and if you try to access it, you will receive this message.

Some forums will recommend using a VPN to register with Betfair. However, this will only go so far. Of course, you will be able to access and register, but you will still need to verify your betting account with valid ID, proof of residence and possibly payment.

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You may be asked to provide a copy of these documents immediately after registration or when you make a withdrawal. If you fail the verification, your account will be frozen and your winnings will be forfeited.

An alternative to Betfair are all the betting exchanges that accept Indian bettors: Fun88, Crickex, and Matchbook.

We want to focus only on matchbooks for this segment, as they offer innovative betting products. With their sports market management and odds as good as anything, they never let the Indians down about the lack of big betting exchanges like Betfair.

In India, Matchbook charges a 4% commission on your net winnings, compared to 2% in the UK and Ireland. So yes, domestic investors have a slight disadvantage here. Namely, matchbook one-up betting exchange sites in various departments like live chat, mobile betting apps for Android and iOS and valuable promotions like 0% commission for 30 days.

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As we did for cricket betting apps, here is our mini review of three top betting exchange apps in India:

Betting site Matchbook is a bit of an oddity, with some strong selling points but incredible flaws. For example, on the one hand, it has high-value promotions like a beginner-friendly model, good market management, live chat support, and 0% commission across all games for 30 days. Through, you will feel that Matchbook is the ultimate draw. And, really.

But then, there are two downsides to these cricket exchange betting apps – the second being the lack of India-specific banking options and the relative 4% commission charged on winnings (normally 2%). INR is not yet recognized as a viable currency.

With a wide range of pre-match and post-match markets, the Crickex betting exchange app excels in offering exclusive Indian sports like Kabaddi.

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