Cricket or sports betting for that matter is expanding day by day and online betting websites have made it simpler for gamblers to play online. There are numerous betting sites through which one can bet and get some brilliant offers on those great betting sites. People are gaga about it and they wish to bet on their preferred sports player or team which is becoming the passion of every Indian these days. 

Online Cricket betting websites in India are the newest trend that is famous among the younger generation as well as adults. 

Are you searching for the best cricket betting sites in India? Here, we have shared a list of the top 11 betting exchange sites for Indian betting punters in this article. The list below includes the best cricket betting exchange websites. Which provides sports betting in Indian rupees, as well as the best betting exchange. 

In addition, you will get to know if online betting exchange is legal in India or not as well as how to bet on sports online? 

In India cricket is one of the most popular sports compared to any other sport played around the globe. Further, in Argentina and Brazil, football is extremely famous, but India has a significant number of cricket enthusiasts. 

There are numerous reasons behind the success of sports betting. Aside from cricket matches being frequently broadcast and promoted by top sports channels, India’s performance in cricket has a major role in its continued success. 

Review Best 11 Betting Exchange Sites in India

Kheloo

Kheloo online casino is a secure and safe online casino destination for all gamblers and bettors alike. The site offers its customers a broad variety of casino games to select from. This platform is licensed by the Curacao Gaming Authority and uses the newest SSL encryption technology to safeguard player financial and personal data. Gamers can indulge in a range of slots, video poker, table games and live dealer games at this beloved Kheloo platform. There are also numerous promotions and bonuses on offer, as well as a welcome bonus, cashback offers and reload bonus. 

Game Variety – 5/5

The Kheloo casino provides a broad range of online casino games which includes blackjack, roulette, live dealer games and other. The casino also provides a range of specialty games such as Teen Patti, Andar Bahar and Poker. The casino is a famous choice for Indian players as it provides a secure and safe gaming environment. The casino also provides a variety of promotions and bonuses,  aching it a brilliant option for players of all types of budgets.  

Pros Cons 
Broad range of casino gamesDelay in customer support services 
Attractive welcome and promotional offers Unclear bonus terms and conditions 

4raBet

While 4raBet has the same standing rate as Parimatch, the reason it takes the fourth spot among the best betting websites in India is that its live support is not as effective as it should be. Nevertheless, the 100% 4raBet promo code along with a broad array of odds on sports makes it a brilliant sportsbook. It provides iOS and Android applications with user-friendly navigation. The live matches show up initially, followed by other famous sporting events, such as the IPL. Finally, you can discover the lesser-known sports tournaments. 

Game Variety – 4.8

When it comes to variety, there are not a lot of casinos that can battle against 4raBet: you can player more than 9000 games here. The chief groups are baccarat, slots, roulette, live casino, blackjack, video poker and crash games. Although, there are numerous other exotic alternatives such a bingo, keno, lottery, and TV games too. Regardless of what sort of player you are, you can be certain that there will be 100s of alternatives that will match your requirements and expectations. 

Pros Cons 
100% 4raBet promotional code are offeredDelayed customer support service 
Offers Android and iOS apps with user-friendly navigationDoesn’t offer a broad range of games 

Melbet

You will be able to discover a ton of betting alternatives on Melbet, making it one of the finest betting websites for Indian bettors. Even its esports is quite good as well as its casino, which has table games, slots, bing and TV games along with live casino. With upwards of 50 payment alternatives, Indian bettors can use netbanking, Neteller and cryptocurrency wallets.

Game Variety – 4.7

Melbet provides video slots, crash games, live dealer games, a network for bingo and poker and numerous other alternatives – the list is simply just too lengthy to share here but we must say that you will not be disappointed about the variety, since there are close to 4000 games to select and play. The casino operates with 60+ suppliers, including but not just 1x2Gaming, Rival, Evolution, B-Gaming and Endorphina. 

Pros Cons 
Major range of betting alternatives No available live customer support 
More than 50 payment alternatives available The withdrawal terms are tough 

Mostbet

In India, Mostbet is accessible in English and Hindi. That makes it a famous sports and online cricket betting website in the nation. You can finance your account in India rupees using GPay, Neteller and Paytm. Mostbet caters to casino and sports enthusiasts. Sports fans can bet on football, cricket, hockey, tennis, and handball but there are numerous other sports that you can bet on, including online sports such as LoL and Dota 2. The casino potion has a broad variety of games such as roulette, TOTO, poker and others. 

Game Variety – 4.7

MostBet has a broad variety of slot games right from traditional 3-reel slots to the latest video slots with bonus features. Further the casino also offers a range of table games which include blackjack, baccarat and poker. Other games such as scratch games, bingo and keno are all offered here. Overall, this platform has a little of something for everyone and is never out of options to choose from.  

ProsCons 
Simple to use interfaceDelayed payouts 
Wide range of games available The platform has a high house edge 

1win

1win is one of the top betting websites in India. It is accessible in 15 languages, including Hindi, and has a liberal 1win bonus code for new players. It permits Indian players to bet on famous sports events such as football and IPL. The sports portion provides a huge number of tournaments such as cricket, Formula 1, tennis and a lot more. It also provides betting alternatives for less-known sports, such as Gaelic hurling and kabaddi. If you are fascinated in virtual sports, 1win lets you bet on Dota 2, League of League and a couple more. There is even a live betting portion. 

Game Variety – 4.7

Iwin casino provides a major range of online games, which includes live dealer games, table games and a ton more. There are upwards of 10,000 games to select from, powered by famous software suppliers such as Pragmatic Play, Evolution Gaming and NetEnt. Players can also discover distinctive promotions and bonuses including welcome bonuses of up to Rs. 10000. 1win casino is a brilliant choice for bettors searching for a broad variety of online games and bonuses.

Pros Cons 
Betting alternatives for lesser-known sportsLimited payment alternatives 
Liberal bonus offered for new players No customer support service contact number 

88cric

88cric has taken root as a secure and reliable online casino website in India. With its regulation and licensing, extensive game alternative, secure payment choices, user-friendly interface, fascinating promotions and bonuses and dependable customer support. 88cric provides an enjoyable and comprehensive gaming experience. Indian gamblers can confidently participate in online casino activities, knowing that they are in secure hands with 88cric. 

Game Variety – 4.6

88cric casino provides a range of online games, such as table games, live casino games and much more. The slot games include traditional fruit machines and latest video machines with immersive themes and fascinating features. The table games include roulette, poker and baccarat. The live casino games provide a genuine experience and permit players to communicate with skilled dealers in actual time. This casino is a great choice for bettors who are searching for a broad variety of online casino games. The games are well-developed and provide an immersive and exciting gaming experience. 

Pros Cons 
The platform offers competitive oddsThe customer support services can be slightly delayed
The website is safe and secure for bettors to useThe platform doesn’t offer a live streaming option 

Betway

Betway is one of the earliest websites for online casino gambling and sports betting as it was established back in 2006 and is accessible in India. There are 28 sports areas to select from and the top sports such as football, cricket and tennis have live betting alternatives. You can bet on tournaments and championships such as one of the best IPL betting sites in India, although local events are also accessible. There are numerous withdrawals and deposit alternatives to select from and INR is accepted as a currency on this platform. Also, thanks to its operationality and bonus program, the firm is frequently included in the standings of the best cricket betting sites and the best football betting websites. 

Game Variety – 4.6

Betway has a complete variety of live casino games. These include blackjack, roulette, poker, Andar Bahar and Teen Patti. What’s more, the website also hosts dice games and game shows. If you love slots, Betway has over a hundred slot titles to access which come in a fascinating variety of paylines, themes, and others. 

Pros Cons 
Great customer support services High wagering necessities 
Quick payouts Limited bonus alternatives 

Purewin

Purewin casino and sportsbook is one of the major rated Indian. Its a friendly gaming website that provides a complete range of online casino games, betting markets, and live casino titles. These can be appreciated by making either standard currency deposits or wagers and crypto.  

Game Variety – 4.5

The purewin casino has a brilliant gaming variety. There are upwards of 2000 games that you can play on your mobile devices and desktops. The list includes Andar Bahar, Teen Patti, roulette, slots, baccarat, jackpot games and scratch cards. There is also the other games portion where you can discover many other websites. 

Pros Cons 
24/7 live chat customer support servicesNo committed Apple App
Offers welcome bonuses for online casino and sportsbookNo option of live streaming of sports 

Sky Exchange

The Sky Exchange is one of the finest online betting sites for the best cricket betting in India. It provides bets on a range of sports such as horse racing, soccer, cricket and basketball. It is a legal online cricket betting site that is licensed by the Curacao Gaming Authority. 

Game Variety – 4.5

This casino provides a broad range of slots, live dealer games and table games. Some of the most famous slots include Gonzo’s Quest, Mega Moolah and Starburst. The live dealer games are streamed from land-based casinos in Macau and Las Vegas. 

Pros Cons 
The platform is easy to utilizeMinimum deposit of Rs. one thousand 
Live customer support services available 

10cric

There are numerous reasons to select 10cric. At this casino platform, you will get a brilliant bonus on your initial and second deposit. This platform is licensed by the Curacao gaming commission, which makes it a legal betting site.  

Game Variety – 4.5

This casino provides a significant variety of online casino games, which include table games, live dealer games and many others. They have upwards of 1000 games to select from, with new games frequently added. Their games are powered by top software suppliers such as NetEnt, Evolution Gaming and Microgaming, so you can be assured that you will be receiving nothing but the best gaming experience. 

Pros Cons 
Broad range of online cricket betting The minimum deposit allowed is Rs. 1000
Welcome offers and bonuses for every single user. Not a lot of regional languages are accessible on the site. 

Jeeto88

The Jeeto88 application boasts multiple attributes that cater to sports betting fans. Notably, it provides a considerable selection of pre-match betting alternatives, permitting users to place bets well in advance for different tournaments and leagues. You can bet not only on classic sports but also participate in digital sports. The Jeeto88 app offers virtual matches in famous sports such as motorbike racing, horse ring and many more. 

Game Variety – 4.5

Jeeto88 casino provides a substantial variety of online games, which includes games right from slots to live dealer games and table games. The casino has more than 500 games to select from with a little of something for everyone. This site’s games are powered by top software suppliers, which ensure the smooth gameplay and highest quality of graphics. This casino also provides a range of promotions and bonuses to all its players. 

Pros Cons 
The website offers a broad range of gamesA high house edge
The website regularly offers multiple promotions and bonuses. The customer support can be slightly delayed 

What Are Betting Exchange Sites?

Cricket betting exchange sites are places online where individuals can bet among each other instead of against a bookmaker. They provide odds that are better than classic betting websites and a broad variety of sports and markets. 

Bet exchanges don’t have to follow the same limits and rules as conventional bookmakers. This means they can give greater odds, more alternatives and more methods for the user to get an edge in their betting strategies. Individuals can also trade their standings in a market on a betting exchange. This permits them to take benefits of market trends and any probable losses or gains in a particular event. 

One of the finest things about online cricket betting compared to usual sites is that players can bet against each other without being concerned about their privacy. When it comes to determining odds for particular tournaments, numerous classic bookmakers frequently have their own goals in mind, which can lead to an ethical conflict. With exchanges platforms, however, these issues don’t take place since users can set their own odds without being worried about being manipulated or given any special treatment by those who determined the odds. 

Also Read: Cricket Match Prediction Sites & Betting Tips

Apart from giving gamblers more room, online cricket betting also offers them access to statistics and data that can aid them make much better betting choices. This lets them see how various markets function in actual time and makes it simpler for them to make choices about which bets will pay off in the long term. 

The Working Of Betting Exchanges

Since the betting exchange concept was first introduced in 1999, you should know that online cricket betting has a significant impact on the betting sector. A betting exchange is one of those online sites, which matches bettors who wish to place their bets and allows them to bet on the different tournament results using backing and laying. In more simple terms, online cricket betting permits players to back a gambler or team to win, while on the contrary, players can play a similar game for a gambler or team to lose.  

You should know that high rollers have the ease of placing their bets on negative and positive results. Cricket betting sites permit users to set their odds on the probable result, unlike other sports betting websites. What’s more, you can even purchase the finest odds accessible on the market and let you fix the sum of cash you are ready to use while betting. 

The number of players using backing and laying will decide the odds provided on a certain bet. You should keep in mind that the more liquidity is in the cricket betting industry, the more competitive odds will be offered. 

Cricket Betting Exchange Sites vs Regular Bookmakers

Cricket betting is becoming a progressively famous leisure activity for many enthusiasts of this sport. Bettors can now select among classic bookies and cricket betting websites, thanks to the increase of online betting platforms. Both offer distinctive advantages to their users, so knowing the distinction is key for those who wish to place a successful bet. 

Betting exchanges are more inconvenient than usual bookmakers. Majority of the time, usual bookmakers provide odds on each market that have already been determined. These chances are frequently better than what the exchanges offer. This makes them a brilliant option for individuals who have never bet on cricket before but wish to begin. The bookmakers also provide a broad variety of additional markets beyond match scorers and winners, including unique offers such as highest start partnership, most sixes or even man of the match. 

The odds on cricket exchanges are not pre-determined by the sites themselves. Instead, they act as a connection between 2 players who want distinctive outcomes. The customer can determine how much he wants to bet on either side of the market. This offers him the space to trade during the game if he needs to. Also, due to how exchanges price their bets, there are normally lesser limits on how you can secure with each bet than with bookmakers. This can be helpful for professional bettors who are certain enough in their forecasts to risk greater sums of cash with each bet. 

Basics Of Betting Exchange

Firstly, you have to note that there have to be 2 players before any bet is practical. One gamer backs the bet while the other one lays the bet. You will get to know this better with the help of an illustration. For example, there is a football match between Arsenal and Chelsea. And you are certain that Chelsea will win. You can place a bet that Arsenal wins the match. 

For the betting exchange to be practical, you have to search for another player that recommends Arsenal to win. You will only attain your surplus from the bet if arsenal gets defeated in the game. On the contrary, if Arsenal wins, you have to pay the other bettor according to the odds. The betting exchange site only cuts a bit of premium on the gambler that wins the bet. 

Backing 

This is the classic bookmaker way of betting. It is when you bet for some particular result. In backing a bet the sum of stake is multiplied by the odds. For instance, if you bet for Chelsea with Rs 100 on a 2.0 odds, then you will win Rs. 200. It is the same as conventional sports betting, but you bet against another gambler instead of a bookie. 

Laying 

This is when you bet against the result of a particular event. In general, it is when you become the bookie and want the other party to lose so that you attain some surpluses. With bet laying, you have an opportunity to propose odds to the other player. A majority of betting exchange sites have distinctive shades for backing and laying a bet. 

Laying a bet is the finest thing since you have a double opportunity to win the bet. For instance, there is a game between Manchester United and Chelsea. And you are certain Manchester will triumph, but you bet that Chelsea will lose. Then that is laying a bet. So if Manchester succeeds or the match ends up in a draw, you still win the bet. 

Professional players in betting exchanges recommend you use the market value odds since your odds can be overstated. You have to also lay a bet that has been backed by other bettors since the bet will only be valid when there are 2 players. 

Matched Betting 

This is a betting method that permits a bettor to make a surplus from the free bets provided by the bookie. It is a simple but complicated idea. It requires an account with 2 or more betting exchanges and bookmakers. The free bet is placed and the other exchange tries to hedge all probable results. Doing so will keep the value of the free bet. 

Simply place a back bet at a bookie on the free bet and place a laying bet at the betting exchange. It is also known as double betting since you can both lay and back a bet and whichever result you will win a bet. Make certain that you create 2 accounts, one with the betting exchange and the other with a bookmaker. 

How To Use Betting Exchange Sites?

Once you have determined which exchange betting platform is correct for you, you can begin playing. We’ve put together a step-by-step manual for you on exactly how to begin quickly: 

Register an Account 

Before you begin to place any bets, you have to first register an account on the exchange site. This offers you access to all of the services and markets that are accessible. To put cash into your gaming account, you will be required to give some primary data about yourself and a method to pay. 

Select the Correct Market 

Once you have logged in, you can go through the list of accessible markets, which can be differentiated by type (example: run scorer, match winner, and others). Make certain that you take the time to learn as much as you can about every market before selecting which one is the best for your bet. 

Check Out the Odds 

Cricket betting exchanges don’t determine their own odds; instead, they let players bet on either side of the market, with various prices and stakes provided by users on the other side of the bet. Make certain that you check out all the odds slowly before committing any cash and modify your stake accurately if required. 

Place your Bets 

To place a bet on an exchange website, just select the outcome you want back and enter your desired stake sum in the box given. The site will then display a confirmation screen where you can check out all your alternatives and review them before submitting your bet. 

Monitor Rates During Game Time 

Cricket betting platforms permit customers to trade during the game if they wish to. This offers them more space than usual bookmakers, who normally only take bets before the game begins. This provides experienced bettors more control over their bets and the possibility to make more cash depending on how the game goes and how the rates switch during its length. 

What are the advantages of a betting exchange?

Exchange cricket betting is normally an excellent addition that gets you a new experience and feel the aggressive spirit of betting among the opinions of other gamers. 

  • Huge selection of very low odds accessible for betting (have an elevated probability);
  • Odds are developed based on demand and supply, so they can be greater than those provided by the bookie. 
  • Distinctive cricket betting sites have their gamblers and their odds, which actually permits you to make a win-win bet; 
  • Since the odds are set by the gamers, the bookie implements minimum rates on exchange bets; 
  • Possibility to hedge your bets and set your surplus if the odds shoot up; 
  • Better comprehension of the probability of a certain result, developed from the opinions of other bettors; 
  • Elevated betting variability. 

Payment Options at Betting Exchange Sites

Customers can add cash to their accounts on betting exchange websites in a number of methods. A majority of places accept credit/debit cards, with Mastercard and Visa being the most famous. Customers can also deposit cash directly from their bank accounts using an e-wallet service such as Skrill or a wire transfer. People who wish to make transactions that are more secure and private can also utilise cryptocurrencies such as Bitcoin. 

Deposit Methods 

Regardless of which payment technique you select, you should be aware that all payments are subject to a minimum sum. This is done so that the exchange can cover the transaction charges and other required expenses. You can get familiar with the list of accessible payment techniques in the section payment methods of each of the websites/platforms.  

Withdrawals 

In a majority of cases, withdrawals can be made using the same payment technique that was utilised to fund the account in the first place. This may take numerous days based on the service supplier. Additionally, the betting exchange places restrictions on the sum you can withdraw at a single time. Normally, it is Rs.10, but this may switch based on your country’s regulations. 

Overview of the Betting Exchange Applications

In recent times, betting exchange apps have become increasingly famous since they make it safe, easy and open for individuals to place bets. These apps are made to make it simpler for gamers to bet on horse races, sports and other sorts of gambling. They offer a site where bets can be placed on a broad variety of events. A majority of the time, these apps make use of complicated algorithms and software to make certain that all bets are managed safely and correctly. Also, the majority of modern betting exchange applications have attributes such as cash-out alternatives, parlay alternatives, and live streaming services that make gaming more complete. 

Cricket betting exchange applications have absolutely switched the online gaming sector by giving both professional and casual bettors a system that works very well. The advanced features and simple to use design of these apps have made them one of the most famous methods to gamble online. 

Sorts of Bets at a Betting Exchange

Gamblers in India can select from a broad variety of betting alternatives at betting exchanges. Multiple bets, single bets and system bets are the most usual sorts of bets that individuals make. 

  • Single bets are the simplest to make since you only have to select one player or team to triumph. They can be put on any sports market from the beginning with set odds. 
  • Multiple bets involve more than a single alternative in a single bet, and you have to be correct about all of your choices for your bet to succeed. These could include lucky 15s, inventions, trixies, and other games. Some multiple bets also let you get your cash back if only a couple of your choices succeed. 
  • System betting includes more than one multiple bet in the same bet, and at least 2 of your options must succeed for your bet to pay out. This sort of bet is also known as an accumulator or a combo.  

Is Online Betting Exchange Legal in India? 

Indeed, betting exchange sites are very much legal for gamblers from India. There are laws in the country that restrict the establishment of gambling structures in India as well as betting in them. Nonetheless, while betting online you are not going against any law as the head office of the company is located in a different country. Additionally, you are betting on skill, which is also not restricted. Cricket betting sites from your list mentioned above have international licences from renowned gambling commissions such as the Curacao, UKGC, MGA, etc). 

Based on this, selecting a bookmaker from our list and betting on it, bettors from India have absolutely nothing to be concerned about! 

Betting Exchange Sites FAQs

  1. Is online betting exchange legal in India? 
    Yes, there is no such law against online betting in India. Every state can determine whether they wish to enforce online betting laws. 
  1. How can a player deposit on a betting exchange site in India? 
    A majority of the best cricket betting websites are featured with a direct deposit that makes it simple for bettors to deposit in betting sites. 
    Firstly, you need to log into your game betting account. 
    Then tap on the deposit tabon the top right corner of the site. 
    Enter in the sum you want to deposit, then tap on the deposit button. 
    Choose your choice of payment techniques such as credit/debit cards, netbanking, e-wallets, UPI and others. 
    Fill in all the required details
    Then tap on pay now and the payment shall be done. 
  1. Is signing up free on all the betting exchange sites? 
    In majority of the cases, online cricket betting sites provide free sign up with a deposit sum needed only when you are ready to place your bet. Each online betting site provides distinctive bonus features that can let you earn some additional cash over the primary deposit. 
  1. Are there any service charges for deposits on the betting exchange websites? 
    No, all these cricket betting websites that we have listed in this article, don’t charge any additional service charges for deposits on online betting websites. 
  1. Are the best cricket betting sites safe to bet on? 
    Yes, all of the best cricket betting sites that we have listed are licensed by the General Governor of Curacao Gaming Authority and the UK Gambling Commission. 
  1. Can players make money from the best cricket betting sites online? 
    When it comes to betting on cricket online, it is likely to turn a surplus if you utilise the correct strategy. You can begin with low bets and make your way to the top with a larger one later. You are able to construct a plan for betting on cricket if you follow the right recommendations.

    If you wish to make money in the long term, our suggestion is that you only place bets on tournaments that you have a higher level of familiarity with.  
  1. Where and how can a player bet on cricket? 
    In order to place bets on a cricket tournament, you will be required to sign up with a betting site such as Kheloo, 88cric. You will be permitted to take part in online cricket betting once the validity of your betting account has been completed successfully. 

    You have to now make your way to the cricket betting area, where you will discover a myriad of live and future cricket events to select from. You can place bets on cricket tournaments by clicking on them and basing them on your predictions. 
  1. What is the top website for online cricket exchange? 
    Kheloo and 88cric are 2 of the best platforms to place bets on cricket games that can be discovered online, in our opinion. Kheloo features some really alluring cricket betting markets, and you can easily place your bets with the most competitive cricket odds accessible. 88cric is a brilliant site to bet on cricket. 

    88cric is on par with Kheloo in terms of the level of elegance it gets to the betting experience. 
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