Exchange Cricket Betting – Betting sites ditch the traditional sportsbook and allow punters to bet against each other rather than the company itself, setting their own odds and markets. This article will focus on the best platforms available for Indian players, reliable Betfair alternatives in India and the best stock betting apps.

Let’s say you are betting on a sportsbook owned by 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.

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This is because regular sportsbooks do not have this option. Of course, you can bet on England to win against Ireland, but that would reduce the odds drastically as England are the better team across formats (at the time of writing).

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This is where cricket betting exchange sites come into play. They allow you to place bets, which means you can bet on the outcome not happening. Given the above example, you can bet on Ireland losing to England.

Matchbook is a premium Betfair alternative in India, especially suited for daily betting. Its market coverage is decent, but the icing on the cake is their betting exchange app available on both iOS and Android devices.

Overall, we were very impressed and have no hesitation in rating Matchbook as one of the most reliable and user-friendly betting sites in India. Minor disadvantages include commissions which are 4% higher than most Indian exchanges. Additionally, the site does not accept India-specific betting payment methods. However, everything else that Matchbook offers 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 in cricket.

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But on the positive side, this cricket betting exchange is mainly aimed at Indians as well as punters who are trying to bet online from Bangladesh. Considering that there aren’t many betting exchanges in the subcontinent for players from this region, this is a remarkable achievement in itself.

The launch of a sports betting exchange in India in 2021 was a real coup for a betting company that already had a large following of loyal fans. The betting exchange has a strong back-up infrastructure, thanks to which the reverse and put odds change quickly in real time.

While the exchange is sufficient to meet the needs of a typical betting exchange, Fun88 needs to work on its user interface and features so that experienced players can look for a fully loaded betting exchange site.

As one of the leading cricket bookies in India, Dafabet has done a great job of creating a betting exchange that caters to the needs of both casual and casual punters. Dafa Sports Exchange has several features that give you a valuable betting and betting experience. Importantly, it is available on both Android and iOS.

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Parimatch, which recently emerged as a betting exchange site, neither surprises nor disappoints. Sports betting on the exchange is currently limited to football, cricket and tennis, but we expect horse racing and greyhound racing to be introduced soon. To compensate for the volume of betting exchanges, the operator offers live streaming of cricket matches through the ‘Live TV’ feature (top left corner of the screen), but we have to say that it is not exactly continuous. cover up

Plus, the fact that you get quick and easy banking options to transfer money to your exchange account certainly helps.

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

Curaçao Betting Exchange is known for the range of sporting events it covers in its betting exchange. Apart from cricket, football, basketball and kabaddi, it also covers e-sports and provides additional benefits to athletes.

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While we’re big fans of the variety and payment options offered by Indibet, we’re not so thrilled with the site’s design, which currently looks rather dull and unappealing.

Now that we have listed and described the most popular betting exchange sites in India, we will tell you how to use it. To that end, we’ve compiled three simple steps below.

Our recommended betting exchange sites offer a variety of welcome bonuses and free bets. The best welcome bonuses are usually available when you sign up at checkout, while others require a first deposit. We highly recommend using free bets as they also give you extra money to play with.

While the exact range of options offered by cricket betting sites in India varies, here are some of the most popular payment methods offered by most of them:

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Withdrawals are usually processed using the same betting payment method as the deposit. However, if you cannot see the deposit method as a withdrawal option, use Internet Banking. Although it is the slowest in terms of processing time, it is available on all betting sites in India and is generally the most secure form of payment.

This is the simplest type of bet offered by all sports betting sites. Let’s say you are betting on The Ashes, one of the premier cricket tournaments in the world. Here, the ‘win’ bet is when you back Australia to win the trophy (or England, depending on your preference).

Basically, you bet your money on a certain outcome and hope that the game/event will end that way. In addition, it is possible to get more luck with this type of betting.

It is this type of betting that fundamentally distinguishes an exchange from a betting exchange. While the first one only allows you to make a winning bet, the second option also has “La” bets. They allow you to bet on the non-occurrence of the outcome of a particular match. When you do this, you essentially take on the role of bookie.

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“Layer” bets are generally riskier because they force you to bet against the interests of other players. So there is a lot to lose if you don’t get it right (ie if the outcome you are betting against happens). It is for this reason that a betting calculator should be used before placing one of these calculators on the betting exchange.

Before we explore some Betfair alternatives in India, let’s understand what drives us to look for alternatives. Betfair is undoubtedly the world’s most popular and largest betting exchange, but there are two things worth remembering.

First, Betfair charges a high commission (ranging from 5-7% of your profit) which can lead to a loss of profit in the long run. And secondly and more importantly, Betfair does not work in India and you will get this message if you try to access it.

Some forums recommend using a VPN to sign up to Betfair. However, it will only go so far. You can of course access and register, but you will also need to verify your betting account with a valid ID, 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 withdraw. If verification fails, your account will be suspended and your winnings will be forfeited.

Alternatives to Betfair are all betting sites that accept Indian bets: Fun88, Crickex and Matchbook.

However, we want to focus only on Matchbook for this segment because they offer innovative betting products. And with sports market coverage and odds as good as any, Indians have never allowed themselves to be bothered by a giant betting exchange like Betfair.

In India, Matchbook charges a commission of 4% of your net profit, compared to 2% in the UK and Ireland. So yes, players in the country are at a disadvantage here. As mentioned, Matchbook integrates other betting sites in areas such as live chat, mobile betting apps for Android and iOS devices and valuable promotions such as 0% commission for 30 days.

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As for cricket betting apps, here are our little reviews of three leading betting exchanges in India:

Matchbook, a betting exchange, is a bit of an oddity in that it has some good 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 valuable promotions such as 0% commission on all sports for 30 days. With these things in mind, Matchbook seems like an excellent draw. And it really is.

But then there are two downsides to the cricket exchange betting program – the lack of Indian banking methods and the relatively high 4% commission to win (the standard is usually 2%). INR is also not accepted as an acceptable currency.

The Crickex betting exchange program stands out with a diverse mix of pre-match and match markets to offer India-specific sports such as Kabaddi.

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