Live Betfair Cricket Rate – Betting exchange sites do away with traditional sportsbooks, allowing punters to bet against each other instead of betting themselves by setting your own odds and markets. This article will focus on the best platforms available for Indian punters, reliable Betfair alternatives in India, and the best exchange betting apps.
Suppose you bet on a sportsbook belonging to one of the best cricket betting sites in India. Here, regardless of the market, you can only bet on one outcome. For example, you can bet on Ireland to win against England.
Live Betfair Cricket Rate
This is because traditional sportsbooks do not have this option. Sure, you can bet on England to win against Ireland, but that will see the odds drop drastically, as England are the better team in multiple formats (at the time of writing).
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This is where cricket betting exchange sites come in. They allow you to bet, which means you can bet on an outcome that won’t happen. Taking the example above, you can basically bet on Ireland to lose to England.
Matchbook is India’s best Betfair alternative, especially suitable for casual bettors. Market coverage is decent, but the highlight is their betting exchange app, available on both iOS and Android devices.
Overall, we are very impressed and have no hesitation in rating Matchbook as one of the most reputable and user-friendly betting exchange sites in India. A few downsides include the commission, which is 4% – more than what most exchanges in India charge. Also, the site does not accept a lot of India-specific bet payment methods. However, everything else that Matchbook has to offer more than makes up for this deficiency.
Although Crickex is new to the online betting scene, we believe they have a strong potential to become one of the best betting exchanges in India. Yes, cricket has its limitations, including almost tunnel vision.
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However, on the bright side, this cricket betting exchange is specially designed for punters from India as well as Bangladesh looking to bet online. Considering that there are not that many betting exchanges available to punters in this region in the subcontinent, this is a remarkable achievement.
Launching a sports betting exchange in India in 2021 is a real move for the bookmaker, which already has a huge following. Betting exchanges have a robust back-end infrastructure, thanks to which back-end betting odds change rapidly in real-time.
While the exchange is sufficient to meet the requirements of a regular betting exchange, Fun88 should work on its UI and features to keep experienced players looking for a fully stocked betting exchange site.
As one of the leading cricket bookies in India, Dafabet has also done well to build a betting exchange site that caters to the needs of both occasional and regular players. Dafa Sports Exchange comes with several features that provide a valuable experience when you place bets. Importantly, it is available on both Android and iOS.
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A recent entrant as a betting exchange site, Parimatch has neither impressed nor disappointed. Sportsbook on the exchange is currently limited to football, cricket and tennis but we hope to introduce horse racing and greyhound racing soon. To complement the scope of the betting exchange, the operator offers live streaming of selected cricket matches under the ‘Live TV’ feature (top left of the screen), but we must tell you that it is completely uninterrupted. No coverage.
Also, the fact that you get easy and fast banking options to transfer money to your exchange account.
Overall, we highly recommend betting exchange site Parimatch, but only if others don’t cut it for you.
The Curaçao-based betting exchange has positioned its betting exchange in terms of various sporting events. Along with cricket, football, basketball and kabaddi, it also includes sports, which give punters extra benefits.
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While we like the variety and payment options offered by Indibet, we are not so happy with the design of the website, which currently looks very dull and unappealing.
Now that we have listed and described the top betting exchange sites in India, we will tell you how to use them. For this, we have laid out three simple steps below:
Our recommended betting exchange sites offer all kinds of welcome bonuses and free bets. The best welcome bonuses are usually available on signing up with the bookie, while for others, you need to make your first deposit. We highly recommend you to use free bets, as they also give you extra money to play with.
While the exact range of options varies across cricket betting exchange sites in India, here are some of the top payment methods provided by most of them:
Best Online Cricket Betting Sites In India
Withdrawals are usually processed using the same payment methods as deposits. However, if you cannot see the deposit method as a withdrawal option, then go ahead and use net banking. Despite being the slowest in terms of processing time, it is available across all betting exchange sites in India, making it the most reliable payment method overall.
This is the simplest type of bet, and one that all sports betting sites offer. Let’s say you bet on The Ashes, one of the best cricket tournaments in the world. Here, the ‘win’ bet is only when you back Australia (or England, depending on your preference) to win the trophy.
In essence, you bet your money on a certain outcome, and hope that the match/event goes that way. Also, it is possible to get higher odds with this type of bet.
It is this type of bet that essentially distinguishes a bookmaker from a betting exchange. While the former will only allow you to place a win bet, with the latter, a ‘lay’ bet is also an option. It allows you to bet on the outcome of a particular game so that it doesn’t happen. When you do this you are essentially playing the role of a bookmaker.
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‘Lay’ bets are usually riskier, as they require you to bet against the interests of your fellow punters. So, there’s a lot to lose if you don’t do it right (that is, if the outcome you’re betting on will happen). That is why you should use a laybet calculator before betting with a betting exchange.
Before we explore some alternatives to Betfair in India, let’s understand here the issues that prompted us to look for alternatives in the first place. 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 a hefty commission (up to 5-7% of your winnings), which can lead to reduced profits in the long run. And secondly, and more importantly, Betfair does not work in India, and if you try to access it, you will receive this message.
Some forums will recommend that you use a VPN to sign up for Betfair. However, this will only go so far. Of course, you will be able to access and register, but you will also need to verify your betting account with valid identification documents, residential address and possibly proof of payment.
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You may be asked to provide copies of these documents immediately after registration or when you proceed to withdraw funds. If you fail to verify, your account will be frozen and your winnings will be forfeited.
Alternatives to Betfair are all betting exchange sites that accept Indian bettors: Fun88, Crickex and Matchbook.
Thus, we wanted to focus exclusively on matchbooks for this section, as they offer an innovative betting product. And with such good coverage of sports markets and competitive odds, they never let Indians regret the absence of a major betting exchange like Betfair.
In India, Matchbook charges a 4% commission on your net winnings, compared to 2% in the UK and Ireland. So yes, travelers in this country are at a bit of a disadvantage here. That said, Matchbook complements other betting exchange sites in departments such as live chat, mobile betting apps for Android and iOS, and valuable promos, such as 0% commission for 30 days.
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As we did for cricket betting apps, here is our short review of three top betting exchange apps in India:
Betting exchange site Matchbook is a bit of an oddball, in that it has some strong selling points but some glaring flaws. For example, on the one hand, it has a beginner-friendly layout, good market coverage, live chat support and high-value promotions, such as 0% commission on all games for 30 days. With this, you will find that the matchbook is a top draw. And rightfully so.
But then the CricketExchange betting app has two drawbacks – the lack of India-specific banking methods and the relatively hefty 4% commission on winnings (the default is usually 2%). INR is also not accepted as a viable currency.
Offering a diverse mix of pre-match and in-play markets, the betting exchange app Crickex stands out for offering India-specific sports like Kabaddi,
Today Ipl Match Betting Rate
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