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Betting Sites with Betting Exchanges in India

By Victoria Michael | ⏲️ Reading time: 14 minutes
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Betting exchanges have redefined online betting by allowing users to bet directly against one another. This innovative model fosters a more flexible environment, unlocking greater opportunities and control for bettors.

This article highlights the Best Bookmakers with Betting Exchanges in India, providing a complete overview of platforms offering advanced features, diverse markets, and an optimized experience for Indian bettors.

List of the Best Betting Exchanges Bookmakers in India 2025

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
100% Welcome Bonus up to 500 EUR
PlayRead review
2
4.5/5
200% welcome bonus
PlayRead review
3
4.5/5
100% welcome bonus up to 8000 INR
PlayRead review
4
4.8/5
Win up to ₹20,000 from your first three deposits.
PlayRead review
5
4.5/5
New Sport Welcome Pack 500% up to 50000 INR
PlayRead review
6
5/5
Win up to ₹ 20,000 from the first three welcome deposit bonuses
PlayRead review
7
4.8/5
150% bonus on first deposit
PlayRead review
8
5/5
The welcome bonus for the sportsbook gives you a 150% match
PlayRead review
9
4.5/5
500% Welcome Bonus of up to ₹3,000
PlayRead review
10
4.5/5
100% first deposit bonus up to 9,300 INR
PlayRead review

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.

Betting ExchangeTraditional Sportsbook
Bettors play against each otherBettors play against the bookmaker
Allows both backing (for) and laying (against) betsOnly allows bets on outcomes to happen
Bettors choose their oddsThe bookmaker sets the odds
Charges a commission on winning betsProfits from built-in odds margin
Often better odds due to competitionOdds may be less favorable because of the margin
Allows more flexible betting strategiesLimited to betting for outcomes only

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 Betting Exchange Page

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.

Batery Betting Site
🌐 Official Websitebatery-bet.in
💰 Welcome Bonus200% welcome bonus up to 25,000 INR
⚽ Sports40+, including figure skating, cricket, biathlon, water polo, racing, football, and squash
💳 Payment MethodsBitcoin, Binance Pay, Paytm, UPI, AstroPay
💰 Min Deposit300 INR
💸 Min Withdrawal300 INR
Pluses
  • Broad sports coverage.
  • Generous bonuses.
  • Android app.
  • Diverse payment options.
  • Live streaming.
Minuses
  • No iOS app.
  • Limited responsible gambling tools.

 

 

#2 Jet

Jet Betting Exchange Page

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.

Jet Betting Site
🌐 Official Websitejet.casino
💰 Welcome Bonus150% first deposit bonus up to 10,000 INR
⚽ Sports50+, including cross-country skiing, bowls, chess, surfing, cricket, pool, rugby, beach football, and martial arts
💳 Payment MethodsUPI, Paytm, AstroPay, Dogecoin, Tron, Tether, Ethereum
💰 Min Deposit1,000 INR
💸 Min Withdrawal1,000 INR
Pluses
  • Diverse sports options.
  • Generous welcome bonus.
  • Live betting.
  • Secure payments via UPI/crypto.
  • Robust sports coverage.
Minuses
  • Complex user interface.
  • Limited multilingual support for Indian users.

 

 

#3 Fresh

Fresh Betting Exchange Platform

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.​

Fresh Betting Site
🌐 Official Websitefresh.casino
💰 Welcome Bonus150% welcome bonus up to 10,000 INR
⚽ Sports40+ including futsal, virtual sports, martial arts, cricket, cycling, American football, and lacrosse
💳 Payment MethodsUPI, PhonePe, Dogecoin, Bitcoin, Ripple, Tether, Ethereum, Tron
💰 Min Deposit1,000 INR
💸 Min Withdrawal1,000 INR
Pluses
  • Hindi language support.
  • Extensive sports coverage.
  • Responsible gambling features.
  • Live streaming and betting.
  • Mobile app availability.
Minuses
  • Limited local sports options.
  • Slower support for non-VIP users.

 

 

#4 Drip

Drip Betting Exchange Page

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.

Drip Betting Site
🌐 Official Websitedrip.casino
💰 Welcome Bonus150% welcome bonus up to 10,000 INR
⚽ Sports20+, including table tennis, ice hockey, esports, virtual sports, squash, badminton, handball, and cricket
💳 Payment MethodsUPI, Paytm, PhonePe, Dogecoin, Ethereum, Tron, Tether
💰 Min Deposit1,000 INR
💸 Min Withdrawal1,000 INR
Pluses
  • User-friendly interface.
  • Competitive odds.
  • Quick deposits and withdrawals.
  • Supports multiple sports markets.
  • Secure and reliable platform.
Minuses
  • Limited promotions.
  • Customer support hours could be extended.

 

 

#5 Sol

Sol Betting Exchange Page

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.

SOL Betting Site
🌐 Official Websitesol.casino
💰 Welcome Bonus150% first deposit bonus up to 10,000 INR
⚽ Sports50+ including padel tennis, bandy, formula 2, floorball, Aussie rule, rugby, Kabaddi, volleyball, and darts
💳 Payment MethodsAstroPay, PhonePe, Paytm, UPI
💰 Min Deposit1,000 INR
💸 Min Withdrawal1,000 INR
Pluses
  • Easy-to-navigate platform.
  • Broad sports coverage.
  • Competitive odds.
  • Generous welcome bonus.
  • Variety of deposit options.
Minuses
  • Limited ongoing promotions.
  • Fewer in-depth betting tools.

 

Advantages of Betting Exchanges

Betting exchanges offer several advantages:

  • 1

    Better Odds

    Betting exchanges generally offer better odds than regular bookmakers. This is especially true for low probability bets. On the other hand, a tiny commission is extracted from the winning place bet.

    Odds icon
  • 2

    Secured Profits

    Bettors can secure profits before an event begins. If one backs a team to win at 2.5 odds but later learns vital players are out, they may lay the bet at higher odds, reducing their loss or securing a profit.

    Money Management icon
  • 3

    No Penalty for Winning

    Betting exchanges do not penalise successful bettors. Even if bettors consistently win or cover multiple outcomes, exchanges do not impose bans.

    Welcome icon

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.
BookmakerBonus OfferAdvantagesFind out more
batery logo 300x140 allbets200% welcome bonusExceptional bonus rate with double the initial deposit amount
Jet bookmaker logo 300x140 AllbetsWin up to ₹20,000 from your first three depositsAllowing players to maximize their initial experience over multiple deposits
fresh bookmaker step 1 allbetsWin up to ₹20,000 from the first three depositsGenerous tiered bonus, ideal for players looking for substantial funds across their first few deposits
drip bookmaker150% bonus on first depositSubstantial bonus percentage, giving players an extra boost on their first deposit
Sol casino150% match welcome bonus for sportsbookGreat match bonus for sports betting, allowing newcomers to start with a boosted bankroll

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 MethodTypeDeposit LimitsDeposit/WithdrawalPayment Fee
Mastercard payment logoCredit Card₹500 – ₹35 lakh✅/❌No Fees
Visa payment logoCredit Card₹500 – ₹35 lakh✅/❌No Fees
paypaleWallet₹500 – ₹25 lakh✅/✅No Fees
Bank Transfer payment logoBank Transfer₹500 – No limit✅/✅No Fees
MuchBetter logo featuring a stylized "B" and the brand nameMobile Payment₹500 – ₹70,000✅/❌No Fees
https://apostasdesportivas.tv/casas-de-apostas/us-open-2023/eWallet₹500 – ₹25 lakh✅/✅1.35%
betting siteseWallet₹500 – ₹25 lakh✅/✅1.35%
Astropay Payment logoPrepaid 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 ExchangeCommissionLivestreamingFixed Odds Betting
batery logo 300x140 allbetsN/A
Jet bookmaker logo 300x140 Allbets5%
fresh bookmaker step 1 allbets3-5%
drip bookmaker3-5%
Sol casino5%

Tips for Successful Exchange Betting

Before diving into sports betting exchanges in India, consider these essential tips for a better experience:

  • Begin Small: Start with low stakes to understand the platform without significant risk.
  • Check Liquidity: Place bets in markets with sufficient funds to match your wager.
  • Track Odds: Look out for favorable odds provided by other users.
  • Learn Lay Betting: Use this technique to protect against potential losses.
  • Stay Updated: Know the sports and events you are betting on.
  • Utilise Live Betting: Adapt your bets as the match progresses.
  • Control Your Emotions: Avoid letting excitement or frustration dictate your choices.
  • Plan: Set clear objectives and betting limits.
FAQ. Frequently Asked Questions
  • We've assessed the leading betting platforms in India here for your convenience. These sites are recognized for their range of market options, attractive odds, and user-friendly interfaces.

  • Indian players can legally participate in betting exchanges outside India's jurisdiction.

  • Betting platforms allow individuals to bet against one another by offering choices for supporting or opposing bets, which typically results in improved odds and greater versatility.

  • To enhance your experience, seek platforms offering significant liquidity and minimal commission fees. Ensure they provide diverse sporting events and boast top-notch customer service.

Author
Victoria Michael
Editor-in-Chief from St. Louis, Missouri, USA. B.A. in education, certified linguist. Future Writer Award winner.
Article rating
4.5/5
2 votes