Cricket Exchange Betting – Betting exchange sites do away with traditional sportsbooks, allowing bettors to bet against each other by placing their own odds and markets instead. This article will focus on the best sites available for Indian players, reliable Betfair alternatives in India and the best exchange betting apps.
Let’s say you are betting on a sportsbook, 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.
Cricket Exchange Betting
Because traditional sportsbooks don’t have that option. Of course, you can bet on England to win against Ireland, but that will see a huge drop in odds as England are the better team in form (at the time of writing).
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Here comes cricket betting sites. They allow you to place a bet, which means you can bet that there will be no outcome. Take the above example, you can basically bet on Ireland to lose to England.
Matchbook is the best Betfair alternative in India, especially for bettors. Its market coverage is reasonable, but the feather in the cap is the betting exchange app, which is available on iOS and Android devices.
Overall, we are very impressed and have no hesitation in rating Matchbook as one of the most reputable and user-friendly betting sites in India. Minor drawbacks include the commission, which is 4% – more than what most brokers charge in India. Additionally, the site does not accept many Indian betting payment methods. However, everything else 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, cricket has limitations, including their almost tunnel vision.
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However, on the upside, this cricket betting site is primarily designed for players from India and Bangladesh who are trying to bet online. Considering that players from the region do not have many betting exchanges in the subcontinent, this is a remarkable achievement.
The launch of sports betting in India in 2021 is a real shot in the arm for this bookmaker, which already has its share of believers. The betting exchange has a strong backend infrastructure, thanks to which the betting and betting odds change quickly in real time.
While the exchange is sufficient to meet the needs of a typical betting exchange, Fun88 should appeal to experienced punters looking for a fully loaded betting exchange platform with its UI and features.
Dafabet, one of the leading cricket bookmakers in India, has done a great job in creating a betting exchange website that caters to the needs of occasional and regular punters. Dafa Sportsbook comes with many features that make it a rewarding experience when you come back to bet. Importantly, it is available on both Android and iOS.
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Recent entrant PariMatch as a betting exchange platform is neither surprising nor disappointing. The sports book on the exchange is currently limited to football, cricket and tennis, but we expect horse racing and greyhounds to be introduced soon. To change the context of betting transactions, the operator offers live streaming of selected cricket matches under the ‘Live TV’ feature (top left of the screen), but we must tell you that it is not seamless. cover up
Plus, having easy and quick banking options to transfer money to your checking account certainly helps.
Overall, we definitely recommend betting exchange site Parimatch, but only if others haven’t cut it for you.
The Curacao-based betting exchange has hit the bullseye in terms of the range of sporting events it covers on its betting exchange. Apart from cricket, football, basketball and kabaddi, it also includes sports which gives bettors an added advantage.
Exchange Cricket Betting
While we’re big fans of the variety and payment options Indibet offers, we’re not happy with the website design.
Now that we have listed and described the best betting exchange sites in India, we will tell you how to use one. To that end, we’ve compiled the following three simple steps:
The betting exchange sites we recommend offer all kinds of welcome bonuses and free bets. The best welcome bonuses are usually available when you sign up with the bookie, while for others, you need to make your first deposit. We strongly recommend using free bets as they also give you extra money to play with.
While the exact range of options among these exchange platforms in India varies, here are some of the best payment methods offered by most of them:
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Withdrawals are usually made using the same bet payment method as the deposit. However, if you are unable to find the deposit method as a withdrawal option, then go ahead and use netbanking. Although slow in terms of processing time, it is available across all betting sites in India, making it the most reliable form of payment overall.
It is the most accurate bet and one offered by all sports betting sites. Imagine you are betting on the Ashes, one of the premier cricket tournaments in the world. Here, the ‘win’ bet is easy as you back Australia to win the trophy (or England, depending on your preference).
Basically, you put your money on a certain outcome and hope the match/event turns out that way. Also, higher odds can be placed on this type of bet.
It is the type of betting that primarily differentiates a book from a betting exchange. The former only allows you to place a win bet, while with the latter, a ‘lay’ bet is also an option. These allow you to bet on a specific outcome of a match that may not happen. When you do this, you’re essentially taking on the role of bookkeeper.
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A ‘lay’ bet is usually risky as you have to bet against the interests of fellow players. So, if you don’t get it right (ie, if the outcome you bet on happens) you have a lot to lose. You should use a professional betting calculator before placing any of these with a betting exchange.
Before exploring some Betfair alternatives in India, let us first understand the issue that prompts one to look for alternatives. Betfair is undoubtedly the most popular and largest betting exchange in the world, but there are a couple of things to remember.
First, Betfair charges a huge commission (between 5-7% of your winnings), which can lead to profit erosion in the long run. Secondly, and most importantly, Betfair doesn’t work in India and you will get this message if you try to access it.
Some forums recommend using a VPN to log into Betfair. However, this only goes so far. Of course, you can access and register, but you need to verify your betting account with valid ID, residential address and proof of payment.
Betting Exchange Sites
You may be required to provide copies of these documents immediately after registration or when you begin your withdrawal. If you fail verification, your account will be disabled and your winnings will be forfeited.
Alternatives to Betfair include all betting exchange sites that accept Indian bettors: Fun88, Crickex and Matchbook.
We particularly want to focus on matchbook for this area as we offer innovative betting products. And with sports market coverage and match odds that are better than none, they never let Indians down because of the lack of a major betting exchange like Betfair.
In India, Matchbook earns 4% commission on your net earnings, compared to 2% in UK and Ireland. So yes, domestic players are at a slight disadvantage here. Matchbook integrates other betting exchange platforms in areas such as live chat, mobile betting apps for Android and iOS and great promotions like 0% commission for 30 days.
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Just like we do for cricket betting apps, here are short reviews of three leading betting exchange apps in India:
The Matchbook betting site is a bit different, it has some solid selling points, but also some glaring flaws. For example, on the one hand, it has valuable promotions such as beginner-friendly design, good market coverage, live chat support and 0% commission on all games for 30 days. Looking at these, you will realize that the matchbook is a great chart. It is, really.
But there are two downsides to this cricket exchange betting app – the drawback of India-specific banking systems and the 4% commission on winnings (the standard is usually 2%). INR is also not accepted as fiat currency.
Crigex The Crigex betting exchange app stands out for offering exclusive Indian sports like Kabaddi, which includes a diverse mix of pre-match and in-game markets.
Key Factors To Consider When Placing Cricket Bets On Betting Websites
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