Betting Sites with Betting Exchanges in India

What is a Betting Exchange?

A betting exchange is a unique site where users bet on top of each other rather than being bets placed with a standard bookmaker. For instance, the exchange links participants to contradicting predictions of the truth of an event's outcome so they may formulate their odds. It provides more favorable odds and opens the possibility to bet oppositely if the event does not occur.

Features of a Betting Exchange

Betting exchanges, among other things, exhibit several unique features that distinguish them from wider traditional bookmakers.

Back Betting

Back betting is betting on a particular outcome. For instance, whenever a sports punter places a bet that India will win a cricket match between India and England, the result of the bet is a winner if and only if India wins. But if, conversely, victory is not achieved in India and victory does not seem unlikely, the bet is a loser).

Lay Betting

Lay betting is the opposite of back betting. Here, the bettor wagers against a particular outcome. For example, an Australian bettor could bet on India and win if India loses to England. Lay betting allows people to win money by betting against a team or a player.

In-Play Betting

In-play betting occurs during a live event. Betters can place wagers on the live event result while the event is taking place, such as a cricket or football match. This functionality is attractive to sports fans, who can gamble during the sports activity.

Best Bookmakers with Betting Exchanges in India

After reviewing a wide range of top bookmakers with betting exchanges, we've narrowed the options to the five best platforms you can use in India. These bookmakers have a competitive edge based on quality, reliability, and exchange facility, which is suitable for Indian bettors.

#1 Batery

Batery India is a market maker for the Indian market. It provides various sports betting choices, including cricket and football. Punters can also wager on exotic sports such as chess and water polo. Curated under Curacao regulation, Batery India offers a variety of betting markets and functionalities, including live streaming and a pre-match bonus.

Users can access it through an Android app (i.e., there is no iOS support at the moment). The Battery includes a 200% welcome bonus, cashback schemes, and loyalty initiatives. Payment options include UPI, IMPS, and crypto, among others.

#2 Jet

Jet Bookmaker, owned and operated by Galaktika N.V., is a licensed Indian sports and virtual sports and casino games betting platform. New members may take advantage of a welcome bonus of up to ₹20,000 on the first three deposits, among certain wagering conditions.

The bookmaker offers over 100 sports categories (such as cricket, football, and tennis), live betting, and accumulator bets. Users can also benefit from secure transactions using UPI/Binance Pay and similar methods. Although Jet Bookmaker offers a wide range of options, it has a complex user interface and poor support for multilingual Indian users.

#3 Fresh

The Fresh India bookmaker offers many betting opportunities and is especially popular due to its user-friendly interface and strong promotions. Fresh operates under a valid Curacao license and focuses on a wide range of sports, including cricket and football, along with a thriving live betting section.

The welcome bonus includes up to ₹20,000 over three deposits, and a loyalty program rewards consistent betting. Cryptocurrency options and a range of e-wallets are accepted, making deposits and withdrawals convenient.​

#4 Drip

Drip is a well-regarded online bookmaker focusing on simplicity, secure payments, and sports variety. Launched for accessibility, it caters to new and experienced players with an intuitive layout and fast transaction options.

This Sportsbook covers significant sports markets, offering competitive odds and a streamlined betting experience across desktop and mobile platforms. Drip's user-friendly design and reliable customer service make it a convenient choice for bettors seeking straightforward, no-fuss wagering options.

#5 Sol

Sol Bookmaker is a flexible internet betting site featuring an extensive range of sports betting markets, competitive betting lines, and a comfortable design layout for novice and experienced bettors. Dedicated to trustworthiness, it provides multiple deposit methods that facilitate transaction ease.

Sol provides enticing signup bonuses with realistic wagering requirements, making them attractive to newcomers. Live betting options and customer support are also appealing. While promotions are somewhat restricted, the platform's seamless user interface and huge variety of sports make it a good choice.

How to Bet on a Betting Exchange

Please follow the steps below for a wager on a betting exchange:

1. Choose a trusted betting exchange site and sign up.
2. Deposit into your account and cash out any bonuses if available.
3. Find the event you want to bet on.
4. Pick your wager by picking the "Back" (for) or "Lay" (against) odds alongside the outcome.
5. It is simply a matter of entering a bet amount and tapping "Submit" to place it.

Note: Some steps may vary between platforms.

Bonuses

Bonuses help attract new users while offering benefits to bettors by enhancing their bankroll. Here are some standard bonuses you might find on popular Indian betting sites:

• Welcome Bonus: Nearly all top Indian bookmakers offer a welcome bonus, which could be free, risk-free, or cash.
• Free Bets: Free bets are voucher bets with a particular value. When you are supplied with free bets of ₹500, you are free to bet that amount without risking any of your own money and retain only the winnings.
• Risk-Free Bets: Such as free bets with an insurance policy, risk-free bets back your bet if it is lost and, as such, the safety net.
• Odds Boost/ACCA Boosts: Known by various names, these boosts increase potential winnings on selected events and can be offered daily or weekly.

Bookmaker	Bonus Offer	Advantages	Find out more
	200% welcome bonus	Exceptional bonus rate with double the initial deposit amount	Get Bonus
	Win up to ₹20,000 from your first three deposits	Allowing players to maximize their initial experience over multiple deposits	Get Bonus
	Win up to ₹20,000 from the first three deposits	Generous tiered bonus, ideal for players looking for substantial funds across their first few deposits	Get Bonus
	150% bonus on first deposit	Substantial bonus percentage, giving players an extra boost on their first deposit	Get Bonus
	150% match welcome bonus for sportsbook	Great match bonus for sports betting, allowing newcomers to start with a boosted bankroll	Get Bonus

Payment Methods

When depositing funds at an online sportsbook, you must ensure that the site offers multiple payment options. Below are the most common payment methods used by legitimate Indian betting sites:

Payment Method	Type	Deposit Limits	Deposit/Withdrawal	Payment Fee
	Credit Card	₹500 – ₹35 lakh	✅/❌	No Fees
	Credit Card	₹500 – ₹35 lakh	✅/❌	No Fees
	eWallet	₹500 – ₹25 lakh	✅/✅	No Fees
	Bank Transfer	₹500 – No limit	✅/✅	No Fees
	Mobile Payment	₹500 – ₹70,000	✅/❌	No Fees
	eWallet	₹500 – ₹25 lakh	✅/✅	1.35%
	eWallet	₹500 – ₹25 lakh	✅/✅	1.35%
	Prepaid Card	₹500 – ₹70,000	✅/✅	No Fees

Commission and Fees

Depending on the platform, betting exchanges in India charge a commission on net winnings, usually between 2% and 5%. This fee applies only to profits, meaning no commission is taken if your bet loses. Lower commission rates can enhance overall returns, so comparing rates across different exchanges is key. Check out our comparison table for a quick overview of top betting exchange sites and their commission structures.

Betting Exchange	Commission	Livestreaming	Fixed Odds Betting
	N/A	✅	✅
	5%	✅	✅
	3-5%	✅	✅
	3-5%	✅	✅
	5%	✅	✅