Top 5 Cricket Betting Exchange Sites In India

Cricket Betting Exchange Sites allow you to bet against other users, that is, Indian bookmakers provide a platform and provide a transaction between the bettor who backed the bet and the bettor who laid it back. For example, if you place a bet to “back” a player, team or horse, another player “lays” that same player, team or horse to lose. The bookmaker charges an average commission of 2% to 5% on winning bets and no commission is charged on losing bets. 

Different types of bets are available at bet exchange sites, such as back and lay, in-play and arbitrage bets.

In order to understand what the main difference between cricket exchange betting sites and regular bookmakers is, you can consider the following example. 

Imagine you are betting on a regular cricket betting sites for the Cricket World Cup. In this case, you can bet on just one outcome: a win for one of the teams. For example, you can bet on India to win the match against England, or vice versa, but also keep in mind that the odds for one outcome will be higher than for the other. 

Let’s say you want to bet on India not beating England, or on England losing to India. In this case, cricket exchange betting sites will help you out by allowing you to bet on the outcome you want to determine, so you have more flexibility in the options.  

This is the main difference between online bet exchange sites and regular bookmakers.

Now that you already know how back and lay betting sites in India work, we will tell you how to register and how to bet on cricket in India using these sites. To do that, use our detailed cricket betting guide below:

1. Choose the site you will be using. You can choose one from our list. 
2. Open the official site bookie exchange and register by filling in a special registration form. 
3. Go to the Deposit section, choose one of the offered payment methods to make a deposit, enter the amount and complete the transaction.
4. Go to the Sports section and select cricket. Then select the event and match you want to bet on. 
5. Select the outcome, the bet amount and confirm it. 

Don’t forget to take advantage of the welcome bonus. Cricket betting exchange sites that are on our list offer some of the most lucrative welcome bonuses and free bets.

Speaking of making deposits, sites of the best betting exchange in India offer various popular payment methods that you can use, such as: e-wallets, cryptocurrencies, vouchers, bank cards and transfers, and others. Generally, they all provide instant deposit, with the exception of bank transfers, which take a little longer. 

You will find payment methods such as:

• UPI;
• PayTM;
• PhonePe;
• PayPal;
• Google Pay;
• Visa;
• Mastercard;
• Skrill;
• Neteller;
• NetBanking;
• Bitcoin;
• Ethereum;
• Others.

You can find various types of bets on Cricket Betting Exchange Sites, but here are the most popular and relevant ones that you should know about:

• Back bet. This is a bet on an outcome that you think will happen. For example, if you are confident that a certain cricket team will win, then you place this bet. If the prediction turns out to be correct, you will make a profit. 
• Lay bet. In this bet you bet against a particular outcome, for example, against a loss of a particular cricket team. By making this bet, you offer odds for other users to bet on. 
• In-play bet. This bet means that you can bet on certain outcomes as the game or match is in progress. You can react instantly to changes in the course of the match and adjust your bets.  
• Arbitrage bets. These bets allow you to actively take advantage of odds variations at different bet exchange sites, betting on different outcomes at different exchanges, so you can ensure yourself a profit.