Top exchange betting sites in India
Exchange betting is drastically different from traditional sports betting. In exchange betting, players place bets against other players instead of against the bookkeeper. In traditional sports betting, players bet for a specific outcome against the bookkeeper, who essentially sets the odds and risks of that specific bet.
The most important difference between the two types of betting is that exchange betting offers more flexibility and control over the whole betting process. With exchange betting, you can place lay bets, where you place a bet against a specific outcome, taking over the role of a bookkeeper. You can place your own odds for each outcome, allowing for greater competition, and they may even be better than the odds offered by bookkeepers. You can also buy or sell bets during the event so that you can minimize your losses or lock in profits.
A brief history of exchange betting sites in India
Exchange betting sites have been available in India for several years, but they have gained popularity more recently as the online betting industry has grown.
In 2019, the Supreme Court of India struck down a law that prohibited sports betting, which opened up opportunities for legal and regulated betting sites to operate in the country.
The first exchange betting site was Flutter.com, which entered the global market in 2000. Since then, several other exchange betting sites have entered the Indian market, including Bet365 and Dafabet.
In addition to these international exchange betting sites, there are also several India-based exchange betting sites that have emerged in recent years, including Parimatch and 10CRIC.
Importance of choosing the best exchange betting site
It is important to choose the best exchange betting site as it is crucial to have a positive and profitable betting experience. It’s important to research and compare different sites before making a decision to ensure that you find the site that best meets your needs and priorities.
Criteria for choosing the best exchange betting sites in India
Licensing and regulation – Although there are no specific regulations for betting in the country, most of the exchange betting sites operate outside of India. These sites are usually licensed under the regulatory authority of international gambling associations.
Reputation and customer reviews – It is best to read reviews and check the sites’ reputations before placing a bet, as it can help you choose the best exchange betting site.
User interface and ease of use – Any sportsbook for exchange betting in India should ideally have an interface on desktop and mobile. The presence of an easy-to-use mobile app or mobile-friendly version of the site is important.
Range of sports and markets offered – The best exchange betting sites in India should give options to place bets in a wide variety of sporting events, both live and virtual.
Competitive odds and commission rates – Competitive odds are a popular metric for choosing the best exchange betting sites in India. Bigger odds mean that it is better for you.
Payment options and processing times – The processing times should be short, and there should be convenient banking options so that players can add and withdraw money without any hassle.
Customer support and responsiveness – Customer support is important for any site, as players may need help if they face any issues while playing.
Top exchange betting sites in India
10CRIC has become the go-to sports betting platform for Indian players, thanks to its easy-to-use,user-friendly interface and wide range of betting options. It is an online sports betting and casino platform that primarily caters to users in India.
Wide range of betting markets.
More than 60 sports and 2,000 bet types.
One of the most generous bonus offers.
Offers competitive odds on many of its sports betting markets.
Intuitive and easy-to-use platform.
Convenient deposit options.
24/7 customer support.
Dedicated iOS and Android app for betting on the go.
Established in 2010, Bet365 is one of the largest online gaming companies in the world, offering a range of sports betting, casino and other betting services. While Bet365 primarily operates as a traditional sportsbook rather than as a betting exchange, there are a few features that may be attractive to exchange bettors.
Offers live betting on many sports, allowing bettors to place bets during an event.
Offers a wide range of sports betting markets, including many niche sports and leagues.
Mobile app for both iOS and Android devices, allowing players to place bets and manage their accounts on the go.
Known for offering competitive odds on many of its sports betting markets.
Cash–out and early payout features allow bettors to settle their bets before the event has finished.
Many convenient banking options.
No fee for live betting.
Huge IPL coverage.
24/7 customer support team.
Dedicated mobile app for both iOS and Android devices.
Offers an extensive range of betting markets.
Exciting bonus offers and promotions for sports betting.
Attractive betting options.
High betting odds.
Can place bets on live events to take advantage of in-play opportunities.
Many cricket betting options.
24/7 customer support.
Dafabet, launched in 2004, is an online sports betting platform that primarily operates as a traditional sportsbook rather than as a betting exchange, but it does have options for exchange betting.
Large sportsbook with a range of sports betting markets and odds.
Decent live stats and live–streaming options.
Nice welcome offer.
Live–streaming options for registered players.
Mobile-friendly betting exchange experience.
More than five sports options on the betting exchange site.
Better odds than traditional sports betting.
Better value in the prices and extra variety in the betting options.
Established in 2006, Betway offers a whole range of gaming options, including casino, live dealer games, sports betting, and more.Betway’s sportsbook has one of the most interactive and fun interfaces, which makes the betting experience superior.
Options to bet in Hindi language.
Limited promotions for sports betting.
Easy banking options for deposits and withdrawals.
Highest sports betting odds.
Offers live betting experience.
User-friendly betting site with a dedicated mobile app.
Offers a wide variety of betting options.
betswap.gg is a multi-chain, decentralized, peer-to-peer sports betting exchange platform where you can bet on sports and e-sports events. This unique betting exchange platform is built on an Ethereum-based blockchain, where you place bets against other users while the exchange acts as an intermediary marketplace.
Unique Web3 betting exchange site.
Decentralized betting exchange with anonymous users.
No KYC is needed for account activation.
Offers live betting options.
Exclusive exchange betting platform.
Instant payouts through blockchain.
No restrictions based on location.
Complete anonymity of users.
Players’ money is not held in their accounts, and bets can be placed directly from wallets.
Sportsbet.io is a trusted and reliable exchange betting site with competitive and accurate betting odds. The site is fun, fast and fair. The site is owned and operated by mBet Solutions NV and licensed and regulated by the Government of Curaçao.
Perfect for sports bettors and casino players.
Suitable for casual and serious bettors.
Exclusive promotions for sports betting players.
Competitive betting odds.
Dedicated mobile app.
Simple, user-friendly interface.
24/7 customer support.
Offers fast deposits and withdrawals.
Bets are easy to place.
Comparison of top exchange betting sites
Out of all these sites, betswap.gg has a unique format of exchange betting, offering complete anonymity and instant payouts. On the other hand, 10Cric has one of the most extensive cricket betting options for exchange betting.
Here’s a visual comparison that can help you find the best exchange betting site in India.
Choosing the best exchange betting site is important because it can affect your overall experience and potentially your profits. Factors to consider include the site’s reputation, security measures, available markets, commission rates, liquidity and ease of use.
Here’s a quick summary of top exchange betting sites in India and their features:
10CRIC: A well-known and reputable betting exchange platform with high liquidity, a wide range of markets, competitive commission rates, and a user-friendly interface.
Sportsbet.io: A newer and growing betting exchange platform with low commission rates, a wide range of sports markets, and a user-friendly interface.
Dafabet: A user-friendly betting exchange platform with competitive commission rates and a focus on the core markets of football, horse racing and tennis.
Betswap.gg: A peer-to-peer betting exchange platform with a decentralized approach to betting.
When choosing an exchange betting site, it’s important to consider your personal preferences and priorities, such as the types of markets you’re interested in, the level of commission you’re willing to pay, and the user interface.