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Betting Exchange Featured Articles
A betting exchange is an online platform that
enables individuals to bet directly against one another on the outcomes
of various events, such as sports matches or political elections. Unlike
traditional sportsbooks, where bettors wager against the bookmaker,
betting exchanges facilitate peer-to-peer betting, allowing users to
both "back" (bet on an outcome to occur) and "lay" (bet on an outcome
not to occur) events.
Key Features of Betting Exchanges:
Peer-to-Peer Betting: Users bet against each other
rather than against a bookmaker. This setup often results in more
competitive odds, as the platform's role is to match bets between users.
Backing and Laying: Bettors have the flexibility to
back an outcome (betting it will happen) or lay an outcome (betting it
won't happen), effectively allowing them to act as both punter and
bookmaker.
In-Play Betting: Many exchanges offer in-play or
live betting, enabling users to place bets during the course of an
event, with odds fluctuating in real-time based on the event's
progression.
Commission-Based Revenue: Betting exchanges
typically generate revenue by charging a commission on net winnings,
rather than embedding a profit margin within the odds as traditional
bookmakers do.
Advantages of Using Betting Exchanges:
Better Odds: The competitive nature of peer-to-peer
betting often leads to more favorable odds compared to traditional
bookmakers.
Greater Flexibility: The ability to both back and
lay bets provides users with more strategic options, including hedging
and trading positions.
Transparency: Exchanges display all available odds
and the amounts available to bet, offering greater transparency in the
betting process.
Popular Betting Exchanges:
Betfair: One of the largest and most well-known
betting exchanges, offering a wide range of markets and in-play betting
options.
Smarkets: Known for its user-friendly interface and
low commission rates, Smarkets provides markets on major sports and
political events.
Matchbook: Offers deep liquidity and low
commissions, catering to bettors seeking value and a variety of markets.
Considerations:
While betting exchanges offer numerous benefits, they may not cover as
wide a range of markets as traditional bookmakers, and liquidity can vary,
especially in less popular events. Additionally, users should be aware of
the commission structures, as these can impact overall profitability.
For those interested in exploring betting exchanges, it's advisable to
research and compare different platforms to find one that best suits your
betting preferences and needs.
Betting Exchange Online Experience Secure Betting, Top Features, and Exclusive Promotions About Features Promotions Contact Blog India’s Most Trusted Online…
Understanding RTP (Return to Player) rates and odds.
Lottery Betting Tips:
Managing expectations and understanding odds.
Choosing the right lotteries and understanding patterns.
7. Payment Methods for Betting in India
Common methods: UPI, NetBanking, credit/debit cards, e-wallets, and
cryptocurrency.
Tips for safe and secure transactions.
Avoiding high fees and unreliable platforms.
8. Taxes and Winnings
Tax obligations on gambling winnings.
Explanation of Section 194B of the Income Tax Act.
Tips on filing gambling-related earnings correctly.
9. Resources for Bettors in India
Websites, forums, and communities for bettors.
Trusted channels for odds, predictions, and tips.
Counseling and help centers for responsible gambling.
10. The Future of Betting in India
Emerging trends (eSports betting, virtual sports, fantasy leagues).
How the landscape may change in terms of legality and technology.
Key takeaways for the future bettor.
Top Betting Sites in India
When selecting a betting site in India, it's essential to consider
factors such as legality, user experience, payment options, and the range of
sports and markets offered. Here are some of the top betting sites catering
to Indian users:
Parimatch
Known for its extensive sports coverage, particularly in cricket and
football, Parimatch offers competitive odds and a user-friendly
interface. They provide a 150% welcome bonus up to ₹20,000 for new
users.
1xBet
Offering a vast array of sports and betting markets, 1xBet is popular
among Indian bettors. They provide a 100% welcome bonus up to ₹10,000
and support various payment methods, including UPI and Paytm.
10Cric
Tailored specifically for Indian users, 10Cric focuses heavily on
cricket betting. They offer a 100% welcome bonus up to ₹15,000 and
accept payments via UPI, NetBanking, and cryptocurrencies.
Dafabet
With a strong emphasis on cricket and football, Dafabet provides
competitive odds and a user-friendly platform. They offer a 160% welcome
bonus up to ₹16,000 and support various local payment methods.
Betway
A globally recognized brand, Betway offers a comprehensive sportsbook
with a focus on cricket and football. They provide a 100% welcome bonus
up to ₹2,500 and support multiple payment options suitable for Indian
users.
Before choosing a platform, ensure it aligns with your betting preferences
and offers secure payment methods. Always gamble responsibly and be aware of the
legal considerations in your region.
Whether you are a beginner or an expert, choosing the right betting platform is essential. Here are some popular betting sites trusted by Indian users:
Betting Exchange - Ideal for experienced players seeking high stakes and competitive odds.
Khelo 24 Bet - Known for its comprehensive sports options and user-friendly interface.
Gully Bet - Great for cricket and kabaddi fans, featuring live streaming options.
Bet Dwarka - Popular for its exclusive cricket betting promotions.
Skyexchange Bet - Offers live betting and multiple currency options.
Offers extensive sports coverage, especially in cricket and
football, with competitive odds.
Provides a 150% welcome bonus for new users.
Known for a user-friendly interface and fast payment processing.
1xBet
Known for its variety of sports and betting markets, making it
popular among Indian users.
Offers a 100% welcome bonus and supports payment methods like UPI
and Paytm.
Features live streaming and in-play betting options.
10Cric
A betting platform tailored specifically for Indian users with a
focus on cricket.
Offers a 100% welcome bonus and accepts UPI, NetBanking, and
cryptocurrency payments.
Known for promotions centered around major Indian sports events.
Dafabet
Emphasizes cricket and football betting, providing competitive odds.
Offers a 160% welcome bonus with multiple local payment methods.
Known for a user-friendly mobile platform.
Betway
A globally recognized platform, popular in India for its
comprehensive sportsbook.
Offers a 100% welcome bonus and supports various Indian payment
methods.
Well-regarded for its reliability and excellent customer support.
These platforms each offer unique features suited to different betting
preferences, from extensive cricket coverage to flexible payment options. Choose
based on the sports, bonuses, and payment methods that align best with your
needs.
Best Betting Apps for Indian Users
For Indian users seeking reliable and user-friendly betting apps, several
platforms stand out due to their tailored features, extensive sports
coverage, and secure payment options. Here are some top betting apps
catering to the Indian market:
Parimatch
Parimatch offers a comprehensive sportsbook with a strong emphasis on
cricket and football, catering to Indian sports enthusiasts. The app
provides competitive odds, live betting options, and a user-friendly
interface. It supports various payment methods popular in India,
including UPI and Paytm, ensuring seamless transactions. New users can
benefit from a generous welcome bonus, enhancing the overall betting
experience.
1xBet
1xBet is renowned for its extensive range of sports and betting markets,
making it a favorite among Indian bettors. The app features live
streaming, in-play betting, and a user-friendly design. It supports
multiple payment options, including UPI, Paytm, and cryptocurrencies,
providing flexibility for users. A substantial welcome bonus is
available for new users, adding value to the betting experience.
10Cric
Tailored specifically for Indian users, 10Cric focuses heavily on
cricket betting. The app offers a wide array of cricket markets,
competitive odds, and live betting features. It supports payment methods
like UPI, NetBanking, and cryptocurrencies, ensuring convenient
transactions. New users can take advantage of an attractive welcome
bonus, enhancing their initial betting experience.
Dafabet
Dafabet emphasizes cricket and football betting, providing competitive
odds and a user-friendly platform. The app offers live betting, a
variety of markets, and supports local payment methods such as UPI and
NetBanking. A generous welcome bonus is available for new users, making
it an appealing choice for Indian bettors.
Betway
Betway is a globally recognized platform, popular in India for its
comprehensive sportsbook. The app offers a wide range of sports,
including cricket and football, with competitive odds and live betting
options. It supports various Indian payment methods, ensuring secure and
convenient transactions. New users can benefit from a welcome bonus,
enhancing their betting experience.
When selecting a betting app, consider factors such as the range of sports
offered, user interface, payment options, and available bonuses. Always ensure
that the platform operates legally within your jurisdiction and promotes
responsible gambling practices.
6. Bet365
Features: Bet365 is a well-established app known for
its extensive sports coverage, particularly in cricket, tennis, and
football. It offers live streaming, in-play betting, and cash-out options.
Payments: Supports UPI, NetBanking, and various
e-wallets.
Bonuses: Offers a competitive welcome bonus and
promotions for existing users.
7. LeoVegas
Features: LeoVegas provides an award-winning mobile app
with a strong focus on user experience and live casino games. It covers
major sports like cricket and football, offering competitive odds and live
betting.
Payments: Accepts UPI, Paytm, and cards, along with
e-wallets.
Bonuses: Generous welcome bonus for new users and
various promotions for ongoing players.
8. Unibet
Features: Known for its clean interface and smooth
navigation, Unibet offers a wide range of sports, including cricket,
football, and kabaddi. It provides live streaming, in-play betting, and
bet-building options.
Payments: Supports UPI, NetBanking, and various
e-wallets.
Bonuses: Includes a welcome bonus and other promotions
specific to Indian players.
9. Casumo
Features: Casumo stands out with its blend of sports
betting and online casino offerings. It provides a user-friendly interface,
fast app speeds, and a range of sports like cricket, kabaddi, and football.
Payments: Offers payments through UPI, Paytm, and bank
transfers.
Bonuses: Welcomes new users with a bonus, and existing
users can enjoy various promotions.
10. Fun88
Features: Fun88 is popular for its cricket betting and
football offerings. The app provides an intuitive user interface, live
betting options, and various promotional events for major tournaments.
Payments: Accepts UPI, Paytm, and NetBanking, along
with e-wallets.
Bonuses: New users get a welcome bonus, and there are
regular promotional offers for active users.
11. 22Bet
Features: 22Bet provides a broad range of sports
markets and live betting options, particularly popular for cricket,
football, and tennis. The app’s interface is intuitive and supports various
languages, including Hindi.
Payments: Accepts UPI, Paytm, and cryptocurrencies,
making it flexible for Indian users.
Bonuses: Offers a substantial welcome bonus for new
users and ongoing promotions.
12. Melbet
Features: Melbet offers a comprehensive sportsbook with
a vast selection of sports and betting markets. It’s particularly known for
its live betting features, where users can place bets on events as they
happen.
Payments: Supports popular Indian payment methods,
including UPI, NetBanking, and Paytm.
Bonuses: Provides a welcome bonus for new users, along
with a loyalty program for regular players.
13. Betwinner
Features: Betwinner is popular for its extensive sports
offerings, with a special emphasis on cricket and kabaddi. It also offers
casino games, making it a versatile option for users.
Payments: Supports UPI, NetBanking, Paytm, and
e-wallets, ensuring smooth transactions.
Bonuses: Offers a generous welcome bonus, along with
regular promotions and cashback options.
14. ComeOn
Features: ComeOn is known for its straightforward app
and user-friendly interface. The platform covers major sports like cricket
and football and has a good selection of live betting options.
Payments: Supports UPI, NetBanking, and other local
payment methods.
Bonuses: New users can enjoy a welcome bonus, and the
app offers seasonal promotions.
15. Royal Panda
Features: Royal Panda is a well-rounded platform that
offers both sports betting and a full online casino experience. The app is
highly intuitive and ideal for cricket and football betting.
Payments: Accepts UPI, NetBanking, and Paytm, providing
a smooth experience for Indian users.
Bonuses: Includes a welcome bonus for new users and
periodic promotions for loyal users.
16. Betfair
Features: Betfair is an international betting
platform offering both sports betting and exchange betting services.
It has a user-friendly app with coverage on cricket, football, and
more.
Payments: Supports various methods, including
UPI and e-wallets, popular in India.
Bonuses: New users can enjoy a welcome bonus,
with ongoing promotions for existing users.
17. Betfred
Features: Betfred offers a broad range of
sports betting options, especially in cricket and football. The app
is intuitive, featuring live betting and streaming.
Payments: Accepts UPI, NetBanking, and other
local payment methods.
Bonuses: Includes a welcome bonus for new users
and regular promotional offers for active users.
18. Paddy Power
Features: Paddy Power is well-known
internationally and offers extensive sports betting options,
including cricket and football. The app is highly user-friendly,
with live betting and streaming available.
Payments: Supports UPI and e-wallets, ensuring
smooth transactions.
Bonuses: New users can claim a welcome bonus,
and frequent promotions are available for regular users.
19. Ladbrokes
Features: Ladbrokes provides a comprehensive
sportsbook, with a strong focus on cricket and football. The app has
a clean design, offering live betting and streaming options.
Payments: Accepts UPI, NetBanking, and other
popular methods in India.
Bonuses: New users receive a welcome bonus,
with ongoing promotions for loyal users.
20. William Hill
Features: William Hill is one of the most
established betting platforms globally, offering a wide selection of
sports, including cricket and football. The app is easy to use,
featuring live betting and streaming.
Payments: Supports UPI and e-wallets, making it
convenient for Indian users.
Bonuses: Offers a welcome bonus for new users
and regular promotions for existing customers.
**21. Coral
Features: Coral is known for its straightforward
interface and strong focus on cricket, horse racing, and football betting.
The app offers live betting and multiple in-game options.
Payments: Accepts UPI, NetBanking, and e-wallets.
Bonuses: New users can claim a welcome bonus, with
ongoing promotions and offers for returning customers.
**22. 888sport
Features: 888sport offers a diverse range of sports,
including cricket, football, and esports. The app’s layout is easy to
navigate and includes live betting options.
Payments: Supports UPI, Paytm, and bank transfers,
making transactions easy for Indian users.
Bonuses: New users can take advantage of a generous
welcome bonus, along with frequent promotions.
**23. Bwin
Features: Bwin is popular for its wide selection of
sports, casino games, and live betting options. The app is particularly
user-friendly, featuring quick navigation and a live betting feature.
Payments: UPI, NetBanking, and several e-wallets are
supported.
Bonuses: Offers a welcome bonus and frequent deals for
existing users.
**24. Sky Bet
Features: Sky Bet is widely recognized for its
streamlined app and live streaming options, especially for cricket and
football. It also offers a strong in-play betting experience.
Payments: Includes UPI, Paytm, and NetBanking as
options, catering well to Indian users.
Bonuses: Welcomes new users with a bonus and provides
regular promotions for loyal users.
**25. Sportingbet
Features: Sportingbet offers a wide array of sports,
from cricket to international soccer leagues, with competitive odds. The app
also provides easy access to live betting and streaming.
Payments: Supports UPI, NetBanking, and major
e-wallets.
Bonuses: Includes a welcome bonus and consistent offers
for long-term users.
Here are some additional reputable betting apps popular among Indian users:
Coral
Coral offers a user-friendly interface with a strong focus on cricket
and football betting. The app provides live betting options and supports
various payment methods, including UPI and NetBanking. New users can
benefit from a welcome bonus, and there are regular promotions for
existing customers.
888sport
888sport provides a diverse range of sports betting options, including
cricket, football, and tennis. The app features live betting and
streaming services, with support for payment methods like UPI, Paytm,
and bank transfers. New users are welcomed with a bonus, and there are
ongoing promotions for regular users.
Bwin
Bwin is known for its extensive sportsbook, covering cricket, football,
and more. The app offers live betting and streaming, with a
user-friendly design. It supports UPI, NetBanking, and e-wallets for
transactions. New users can enjoy a welcome bonus, and there are
frequent promotions for existing users.
Sky Bet
Sky Bet offers a streamlined app with a focus on cricket and football
betting. The app provides live betting and streaming options, supporting
payment methods like UPI, Paytm, and NetBanking. New users receive a
welcome bonus, and there are regular promotions for loyal customers.
Sportingbet
Sportingbet provides a wide array of sports betting options, including
cricket and football. The app features live betting and streaming
services, supporting UPI, NetBanking, and major e-wallets. New users can
claim a welcome bonus, with consistent offers for long-term users.
These apps cater to the preferences of Indian users, focusing on popular
sports and providing convenient payment options. Always ensure the chosen
platform operates legally in your region and promotes responsible gambling
practices.
Mobile betting is convenient and popular. Here are the top-rated betting apps used by Indian bettors:
App
Rating
Features
Free Signup Bonus
Betway
4.8/5
Live betting, smooth navigation, fast withdrawals
₹1000
12 Bet
4.5/5
International sports, competitive odds
₹800
Raj Bet
4.7/5
Cricket and football specials, high bonuses
₹1200
Skyexchange Bet
4.4/5
Live betting, secure transactions
₹700
Cricket Betting Tips & Winning Strategies
As India’s most beloved sport, cricket betting is both exciting and competitive. Here are expert tips to improve your odds:
Analyze Teams and Players: Study team and player stats, past performances, and current form.
Weather and Pitch Conditions: Check the weather and pitch reports as they can heavily influence the outcome.
Set Realistic Budgets: Bet responsibly by setting a budget for each game.
Focus on In-play Betting: Betting live during matches can offer better insights and odds.
1. Understand the Basics of Cricket Betting
Familiarize yourself with the different formats: Test matches, One-Day
Internationals (ODIs), and T20s, as each format has its unique betting
considerations.
Key markets include match outcome, top batsman/bowler, number of runs,
and more complex bets like runs scored in an over or the first wicket’s
method.
2. Analyze Team Form and Player Statistics
Check recent team performance and look for any momentum (winning
streaks, recent losses).
Review individual player form, especially key batsmen and bowlers, as
they can significantly impact a match.
Note how certain players perform under different conditions or against
specific teams.
3. Study Pitch and Weather Conditions
Pitch Analysis: Understand if the pitch favors batsmen
(flat pitches) or bowlers (green tops that support seamers, dry surfaces
that aid spinners).
Weather Impact: Rain can affect overs in limited-overs
cricket and influence strategies. Wind direction can also impact a bowler’s
performance, especially swing bowlers.
4. Follow Head-to-Head Records
Review the history between the two teams, especially in the specific
format.
Some teams perform consistently well against others due to differences
in strengths, styles, or mental advantages.
5. Consider Home vs. Away Advantage
Teams tend to perform better at home due to familiarity with conditions
and crowd support.
Teams from different continents (e.g., subcontinent teams in England or
Australia) may struggle due to unfamiliar pitch and weather conditions.
6. Focus on Key Players and Match-Ups
Identify battles between top players (like a star batsman versus an ace
bowler).
Study stats around these matchups, such as how often a particular bowler
has dismissed a batsman.
7. Use Betting Strategies for Different Markets
Match Outcome Bets: For T20s and ODIs, shorter formats
are more unpredictable, so consider factors like power hitters and recent
form.
Runs Scored in an Over: For over/under bets, consider
the bowlers and batsmen involved, and whether it’s a powerplay or death
over.
In-Play Betting: Watch the game live and place bets on
momentum shifts, such as a sudden collapse or a strong batting partnership.
8. Leverage Advanced Cricket Statistics
Use metrics like strike rates, economy rates, averages, and recent
series data to make informed bets.
Platforms like Cricbuzz and ESPNcricinfo provide advanced statistics,
which can be valuable for pre-match and in-play betting.
9. Bet Responsibly and Set a Budget
Set a specific budget for each match or series and avoid betting more
than you can afford to lose.
Limit emotional bets and take breaks if you feel too invested in a match
or outcome.
10. Popular Strategies for Cricket Betting
Hedge Bets: Bet on both sides of a market to minimize
risk, especially in live betting where odds fluctuate.
Dutching: Spread bets across multiple outcomes (like
betting on different players for top batsman) to increase chances.
Betting on Overs Markets: In Test matches, bet on
innings runs or total wickets, using pitch and weather conditions as guides.
11. Keep Updated on Team News and Player Injuries
Player injuries or last-minute changes can affect team dynamics and
betting odds.
Following reliable sports news sources can give you an edge over others
who may not have this information.
12. Be Patient and Avoid High-Risk Bets
Focus on consistent wins over time rather than aiming for a jackpot.
High-risk bets can lead to quick losses if not carefully managed.
Analyze each match thoroughly and choose markets with lower volatility,
especially if you’re new to cricket betting.
Online betting in India is subject to varying state laws. While most states do not regulate online betting specifically, it's advised to use licensed and reputable platforms.
Popular platforms like Betway and 12 Bet adhere to international regulations, providing a safe experience. Be sure to check your local laws and only use platforms that meet your region's legal requirements.
The legality of online betting in India is complex and varies across
different states. The central legislation, the Public Gambling Act of 1867,
prohibits operating or being in charge of a public gambling house but does not
explicitly address online gambling, as it predates the internet era. This
omission has led to a legal gray area regarding online betting.
In India, gambling laws are primarily a state subject, meaning each state has
the authority to formulate its own regulations concerning betting and gambling
activities. As a result, the legal status of online betting varies across the
country:
States with Prohibitions: Some states, such as
Telangana and Andhra Pradesh, have amended their gaming laws to explicitly
ban online gambling, including games of skill played for money.
States with Regulations: States like Sikkim and
Nagaland have established licensing regimes to regulate and permit certain
forms of online gaming and betting within their jurisdictions.
States with Ambiguity: In many other states, the
absence of specific legislation addressing online betting creates ambiguity,
leading to varied interpretations and enforcement.
It's important to note that while some forms of online betting may operate in
a legal gray area, engaging in such activities could still carry risks due to
potential legal and regulatory changes. Additionally, the central government has
introduced amendments to the Information Technology (Intermediary Guidelines and
Digital Media Ethics Code) Rules in April 2023, aiming to regulate online gaming
intermediaries, which may impact the legal landscape of online betting in India.
Given the evolving nature of laws and regulations, it's advisable to consult
legal experts or refer to the specific laws of your state before participating
in online betting activities.
Frequently Asked Questions (FAQs)
1. Is Online Betting Legal in India?
The legality of online betting in India varies by state. While the
central law, the Public Gambling Act of 1867, does not address online
betting, some states, like Telangana and Andhra Pradesh, have banned online
betting, while others, like Sikkim, allow it under specific regulations.
2. Are Winnings from Online Betting Taxable?
Yes, winnings from online betting are taxable in India under Section
194B of the Income Tax Act. A 30% tax is deducted at source for winnings
above ₹10,000. It’s essential to report these earnings on your tax return to
avoid penalties.
3. Which Betting Sites Are Safe for Indian Users?
Reputable sites with strong security protocols, licenses from recognized
jurisdictions, and reliable payment options are generally safer. Popular
betting sites in India include Betway, 10Cric, Parimatch, and Bet365. Ensure
the site is trustworthy and offers secure payment options.
4. Can I Bet in Rupees on Online Betting Sites?
Many international and local betting sites, including 1xBet, Betway, and
10Cric, allow Indian users to bet in rupees, making transactions more
convenient and avoiding currency conversion fees.
5. What Payment Methods Are Available for Indian Users?
Indian users can typically use UPI, NetBanking, credit/debit cards,
Paytm, and e-wallets like Skrill and Neteller for deposits and withdrawals.
Some sites also accept cryptocurrency, which can offer more privacy.
6. Are There Any Restrictions on Age for Online Betting?
Yes, users must be at least 18 years old to participate in online
betting in India. Some platforms may require users to be 21 or older,
depending on specific terms and regulations.
7. What Types of Bets Can I Place on Cricket?
Common cricket bets include match winner, top batsman or bowler, total
runs, number of boundaries, and outcome of the first ball. Advanced bets
include in-play bets on specific over results, partnerships, and player
matchups.
8. Can I Use Multiple Accounts on the Same Betting Site?
Most betting sites prohibit users from having multiple accounts, as it
can lead to issues like bonus abuse or suspected fraud. Violating this
policy could lead to suspension or permanent account closure.
9. How Do I Withdraw My Winnings?
To withdraw winnings, navigate to the withdrawal section on your betting
site, select a preferred payment method, and enter the amount. Withdrawal
times vary based on the method chosen—UPI and e-wallets are generally faster
than bank transfers.
10. Are There Betting Limits on These Platforms?
Yes, betting platforms often set minimum and maximum limits for
deposits, wagers, and withdrawals. Limits can vary depending on the sport,
market, and betting site policies.
11. Can I Bet on My Mobile Device?
Yes, most major betting platforms have mobile-friendly websites or
dedicated apps for Android and iOS, allowing users to place bets on the go.
Apps like Betway, Parimatch, and 10Cric offer full functionality on mobile
devices.
12. How Can I Bet Responsibly?
Set a budget, avoid chasing losses, and set limits on deposits and
betting amounts. Many betting sites also offer tools like self-exclusion and
reality checks to help users manage their betting habits responsibly.
13. What Should I Do If I Have Issues with My Account?
Most reputable betting sites provide customer support via live chat,
email, or phone. Contact their support team to resolve issues, such as
account access, withdrawal problems, or payment discrepancies.
14. Is In-Play Betting Available in India?
Yes, many platforms offer in-play (live) betting on sports like cricket,
football, and tennis, allowing users to place bets during the match. Odds
can fluctuate rapidly based on game developments.
15. Can I Bet on Indian Premier League (IPL) Matches?
Yes, IPL is one of the most popular betting markets in India, and almost
all major betting sites cover IPL matches extensively, offering various
betting options and promotions during the season.
1. What is a betting exchange?
A betting exchange is a platform where players can bet against each other rather than against a bookmaker, often offering better odds.
2. Are betting apps safe?
Yes, if you choose regulated and secure apps like Betway and Skyexchange Bet. Check user reviews and app security features before betting.
3. How do I deposit money on a betting app?
Most apps support multiple deposit options such as UPI, credit/debit cards, and e-wallets like Paytm and Google Pay.
4. Can I bet on cricket live?
Yes, many betting sites and apps offer live betting options, allowing you to place bets during the game.
5. What is the minimum age for online betting?
In India, you must be at least 18 years old to participate in online betting.
Full Comparison Chart of Betting Sites
Compare the best betting platforms based on bonuses, odds, user experience, and customer support.
Platform
Bonus
Top Features
User Rating
Betting Exchange
Up to ₹10,000
High odds, betting against peers
4.6/5
Gully Bet
₹500 Welcome Bonus
Indian sports focus, live streaming
4.4/5
Skyexchange Bet
₹750 Free Bet
Reliable transactions, 24/7 support
4.5/5
Here's a comprehensive comparison chart of popular betting sites
available to Indian users, highlighting key features to assist you in making
an informed choice:
Betting Site
Welcome Bonus
Payment Methods
Sports Coverage
Mobile App Availability
Customer Support
Licensing Authority
Betway
100% up to ₹2,500
UPI, NetBanking, Paytm, Skrill, Neteller
Cricket, Football, Tennis, Esports
Yes (iOS & Android)
24/7 Live Chat, Email
Malta Gaming Authority
10Cric
150% up to ₹30,000 + ₹500 Free Bet
UPI, NetBanking, Bitcoin, Skrill, Neteller
Cricket, Football, Tennis, Kabaddi
Yes (iOS & Android)
Live Chat, Email
Curaçao eGaming
Parimatch
150% up to ₹15,000
UPI, NetBanking, Paytm, Skrill, Neteller
Cricket, Football, Tennis, Basketball
Yes (iOS & Android)
24/7 Live Chat, Email
Curaçao eGaming
1xBet
100% up to ₹10,000
UPI, NetBanking, Paytm, Cryptocurrency
Cricket, Football, Tennis, Esports
Yes (iOS & Android)
24/7 Live Chat, Email
Curaçao eGaming
Bet365
Up to ₹4,000 in Bet Credits
UPI, NetBanking, Skrill, Neteller
Cricket, Football, Tennis, Horse Racing
Yes (iOS & Android)
24/7 Live Chat, Email
UK Gambling Commission
Dafabet
100% up to ₹15,000
UPI, NetBanking, Skrill, Neteller
Cricket, Football, Tennis, Basketball
Yes (iOS & Android)
Live Chat, Email
Curaçao eGaming
22Bet
100% up to ₹10,000
UPI, NetBanking, Paytm, Cryptocurrency
Cricket, Football, Tennis, Esports
Yes (iOS & Android)
Live Chat, Email
Curaçao eGaming
LeoVegas
Up to ₹10,000
UPI, NetBanking, Skrill, Neteller
Cricket, Football, Tennis, Esports
Yes (iOS & Android)
Live Chat, Email
Malta Gaming Authority
Unibet
100% up to ₹5,000
UPI, NetBanking, Skrill, Neteller
Cricket, Football, Tennis, Horse Racing
Yes (iOS & Android)
Live Chat, Email
Malta Gaming Authority
Melbet
100% up to ₹8,000
UPI, NetBanking, Paytm, Cryptocurrency
Cricket, Football, Tennis, Esports
Yes (iOS & Android)
Live Chat, Email
Curaçao eGaming
Key Considerations:
Welcome Bonus: Initial offers for new users; terms and
conditions apply.
Payment Methods: Availability of local payment options
like UPI and NetBanking enhances convenience.
Sports Coverage: Ensure the platform covers your
preferred sports, especially cricket, which is highly popular in India.
Mobile App Availability: Dedicated mobile apps provide
a seamless betting experience on the go.
Customer Support: 24/7 support with live chat options
ensures timely assistance.
Licensing Authority: A reputable licensing authority
indicates a trustworthy platform.
Always gamble responsibly and ensure that online betting is legal in your
jurisdiction before engaging in any betting activities.
Get Started with Online Betting Today!
Ready to begin your betting journey? Sign up now for exclusive bonuses and tips tailored for Indian bettors.
1. Choose a Reliable Betting Site
Research Options: Select a reputable betting platform
that suits your interests, such as cricket, football, or casino games.
Well-known sites like Betway, 10Cric, and Parimatch are popular in India.
Check Licensing: Ensure the site is licensed by a
recognized authority, such as the Malta Gaming Authority or Curaçao eGaming,
to confirm reliability and security.
Verify Payment Options: Look for platforms that offer
local payment methods like UPI, NetBanking, or Paytm for easy transactions.
2. Create an Account
Sign Up: Go to your chosen betting site or app, and
complete the registration form with accurate information.
Identity Verification: Some sites may require
verification, such as providing an ID or proof of address, to comply with
security protocols.
Claim Welcome Bonus: Many sites offer a welcome bonus,
often matching your first deposit. Read the terms and conditions to know how
to use it.
3. Deposit Funds into Your Account
Choose a Payment Method: Use local options like UPI,
Paytm, or e-wallets (Skrill, Neteller). Deposits are usually instant and
secure.
Set a Budget: Determine an amount you can afford to
spend, as responsible betting is essential.
Deposit Amount: Enter the deposit amount and complete
the transaction. Some sites offer deposit bonuses, so check for promotional
codes.
4. Start Exploring Betting Markets
Understand Betting Markets: Each sport offers different
betting types. For example, cricket betting markets may include match
winner, top batsman, or total runs.
Study Odds: Learn about odds formats (decimal,
fractional) to understand your potential returns.
In-Play Betting: Many sites offer live betting,
allowing you to place bets during the match.
5. Place Your First Bet
Select a Market: Choose a sport, then pick the specific
market that interests you, like predicting the winning team or top scorer.
Decide Your Bet Amount: Place a small amount initially,
especially if you’re new to betting.
Confirm the Bet: Once you’re happy with your selection
and stake, confirm your bet. Some sites will allow you to cash out early if
the game is progressing favorably.
6. Track Your Bets and Withdraw Winnings
Monitor Results: Most sites let you view your active
bets, so you can track their progress.
Withdrawal Process: When you want to withdraw winnings,
go to the withdrawal section and select a payment method. Withdrawal times
vary by method but are often quicker with e-wallets.
7. Practice Responsible Betting
Set Betting Limits: Decide on limits for each day or
week to manage spending.
Avoid Chasing Losses: It’s essential to bet with a
clear mind and avoid trying to recover losses with higher bets.
Take Breaks: Betting should remain enjoyable, so take
breaks and focus on your financial and mental well-being.
Additional Tips
Follow Expert Tips: Many platforms and websites provide
betting tips for beginners. Use these to improve your betting knowledge.
Stay Informed: Knowing the teams, players, and recent
form can improve your predictions.
Check for Promotions: Look out for ongoing offers, such
as free bets or boosted odds, which add extra value to your betting
experience.
Here’s a summary of 25 notable betting exchanges, with brief introductions
and key details about each platform:
Betfair
Overview: One of the largest betting exchanges worldwide since 2000,
offering numerous sports and markets.
Commission: Standard is 5% on net winnings.
Liquidity: High in popular sports and markets.
Website: betfair.com
Smarkets
Overview: Known for its low 2% commission rate and user-friendly interface,
focusing on sports and event markets.
Commission: 2% on net winnings.
Liquidity: Moderate to high, particularly in popular events.
Website: smarkets.com
Betdaq
Overview: Founded in 2000, offers strong markets in horse racing, especially
UK and Ireland.
Commission: 2% on net winnings.
Liquidity: Strong in UK and Irish horse racing.
Website: betdaq.com
Matchbook
Overview: Low commission rates with a focus on sports markets, particularly
in the UK.
Commission: 2% on net winnings.
Liquidity: High in major sports markets.
Website: matchbook.com
Ladbrokes Exchange
Overview: Offers Ladbrokes’ sportsbook and exchange integration.
Commission: 5% on net winnings.
Liquidity: Moderate, boosted by Ladbrokes’ user base.
Website: ladbrokes.com/exchange
BetConnect
Overview: Allows users to match bets placed by professional bettors,
focusing on popular sports.
Commission: Varies by user type.
Liquidity: Growing, with a focus on top sports markets.
Website: betconnect.com
Orbit Exchange
Overview: A Betfair white-label exchange, offering similar markets and
liquidity to Betfair, accessed through brokers.
Commission: Around 3% via brokers.
Liquidity: High, matching Betfair.
Website: accessible via brokers
Fairlay
Overview: A Bitcoin-based exchange offering sports, politics, and other
events.
Commission: Between 0.25% to 1% on matched bets.
Liquidity: Lower than fiat-based exchanges.
Website: fairlay.com
WBX (World Bet Exchange)
Overview: Operated until 2015 with diverse sports markets before ceasing
operations.
Commission: —
Liquidity: Ceased in 2015.
Website: —
Citibet
Overview: Asia-focused, primarily on horse racing markets, particularly in
Hong Kong and Singapore.
Commission: Varies; less transparent.
Liquidity: High in Asian horse racing.
Website: accessible via agents
Betfair Australia
Overview: Betfair’s Australian branch, with localized sports and markets.
Commission: 5%, with regional adjustments.
Liquidity: High in Australian sports.
Website: betfair.com.au
Smarkets USA
Overview: Smarkets expansion into the US market, offering peer-to-peer
betting.
Commission: 2% on net winnings.
Liquidity: Growing, focused on US sports.
Website: us.smarkets.com
Sporttrade
Overview: US-based exchange, providing a stock market-like approach to
sports betting.
Commission: Varies by market.
Liquidity: Expanding, particularly in major sports.
Website: sporttrade.com
Prophet Exchange
Overview: Peer-to-peer US sports betting exchange with plans for growth in
various states.
Commission: Customizable based on usage.
Liquidity: Increasing, targeting US sports fans.
Website: prophetexchange.com
Betfair Italia
Overview: Betfair platform for the Italian market, focused on local sports
and events.
Commission: 5%, with potential activity reductions.
Liquidity: High in Italian sports.
Website: betfair.it
Betfair España
Overview: Betfair for Spain, with localized sports markets.
Commission: Standard 5%.
Liquidity: High in Spanish sports.
Website: betfair.es
TradeSports
Overview: A US exchange focused on stock-style sports betting; restarted
after ceasing in 2015.
Commission: Customized based on usage.
Liquidity: Growing in US sports.
Website: tradesports.com
ZenSports
Overview: A sports betting marketplace accepting cryptocurrency and fiat,
focusing on simplicity.
Commission: 2% on winning bets.
Liquidity: Expanding, with focus on major sports.
Website: zensports.com
FoxBet Exchange
Overview: Collaboration with Fox, aiming to enter US sports betting markets
as states legalize.
Commission: Varies with market conditions.
Liquidity: Building with the Fox brand advantage.
Website: foxbet.com
Expekt Exchange
Overview: Established in the Nordics, focusing on European football and
winter sports.
Commission: 5% standard.
Liquidity: Moderate in Nordic sports.
Website: expekt.com
Pinnacle Exchange
Overview: Known for low-margin, high-limit betting, allowing arbitrage and
trading.
Commission: Varies by market.
Liquidity: High in sports betting.
Website: pinnacle.com
Peerbet
Overview: A peer-to-peer betting platform accepting crypto, focused on
social betting.
Commission: Minimal fees.
Liquidity: Lower due to niche market focus.
Website: peerbet.org
Rivalry Exchange
Overview: Focused on esports and gaming, catering to a younger, digital
audience.
Commission: Competitive rates.
Liquidity: Moderate, growing with esports’ popularity.
Website: rivalry.com
Cloudbet
Overview: A crypto-based sports and gaming platform offering exchange
betting on select markets.
Commission: Low to 1%.
Liquidity: Niche but growing with crypto usage.
Website: cloudbet.com
Bitlay Exchange
Overview: A Bitcoin-focused exchange with niche markets and low fees.
Commission: Typically 0.5% or less.
Liquidity: Lower than fiat-based, specialized in crypto.
Website: bitlay.com
These platforms each have unique features, tailored for
different regions, markets, and user preferences, catering to
everything from traditional sports to crypto-based betting.