Top Best Betting Exchange Available In India
Although you should know that there are plenty of betting exchanges available across the globe, those are not available to Indian punters. Here’s a list of the best cricket betting exchange websites for Indian players to help you choose the best betting exchange.
Betfair is among the most popular betting exchange betting websites. Players should know that they are the first ones to introduce the feature of bet exchange. With such features, they have gained a tremendous reputation among the bettors as they provide users with a wide range of pre-game and in-play betting markets and events.
1xbet India is among the old gambling websites that began to offer betting services in 2007. You should know that it is registered under the rules and regulations of the Curacao government. It is one of the most popular international betting sites, which offers special perks to their Indian players.
Moreover, their betting exchange provides numerous games and sports for betting. Though, players should know that the website charges a negligible amount of fee on every winning bet, which is 1% of your total bet amount. Unlike other bookmakers’ websites, 1xbet India provides users with higher odds on every sports event. Thus, it allows punters to win a bigger payout from a single bet.
888sport is another great international betting site established in 1997 that provides a vast range of betting products ranging from online poker to sports to casino games. 888sport operates from Gibraltar, and it is registered under the law and order of the United Kingdom, Malta, Denmark, and other European jurisdictions. Moreover, this trustworthy website is integrated with innovative betting exchange websites across the world.
The best thing about this betting is that it offers over 40 different sports available for betting, including football, cricket, tennis, hockey, etc., but one should know that there is a single downside of the 888sport betting platform that is it does not accept Indian rupees. Though, it offers premium bonuses and promotional offers to its users.
The Working Of Betting Exchanges
Since the concept was introduced in 1999, you should know that the betting exchange has a considerable impact on the betting industry. A betting exchange is one of those online websites, which matches gamblers who want to place their bets and enable them to wager on the various event results using laying and backing. In simpler terms, betting exchanges allow players to back a team or gambler to win, while on the other side, players can play the similar for a team or gambler to lose.
You should know that punters have the flexibility of placing their bets on positive and negative outcome. Betting exchange websites allow users to set their odds on the possible outcome, unlike other sports betting sites. Moreover, you can even buy the best odds available on the market and let you fix the amount of money you are ready to use while wagering.
The number of players using laying and backing will determine the odds offered on a particular bet. You should remember that the more liquidity is in the betting market, the more competitive odds will be provided.
Basics Of Betting Exchange
Before you think about using the betting exchange, you need to know about the basic information regarding the working of these websites.
Backing refers to placing bets on something, which is likely to happen in the future. For instance, a horse, a sports team, or a punter to win the bet.
Laying refers to placing your bets on something, which is not likely to happen in the future. For instance, if you place your bets on the triumph of a cricket team, and if they lose the match or the game gets drawn, then you will win the bet.
Matched betting refers to the process of placing various bets, which include all the outcomes of a game.
The Final Verdict
The betting exchange was introduced several years ago, and it is different from the standard betting sites available across the world, which provide a unique betting experience to its users.