Cricket Betting Exchange has transformed how online betting is done by cricket fans. Cricket betting exchange works differently as compared to the traditional bookmakers, where you bet against the house as in the case of bookmakers. This provides greater control, superior chances, and an exclusive means to attach to the game.
This 96.com user guide will provide all the information that you need about the subject of cricket betting exchange. This includes: how to bet on cricket exchange, the difference between it and the conventional bookmaking, betting procedures, best websites, best apps, as well as top tips- what you can do to maximize your chances of winning. We will also mention popular markets, exchange rates connected with cricket making bets, and provide answers to frequently asked questions.
What is a Cricket Betting Exchange?
A cricket betting exchange is a web-based platform where a bettor can place a bet against a fellow bettor rather than a bookmaker. The site is nothing but a broker, taking a small percentage of the winnings.
As compared to traditional bookies, two major types of bets can be made on exchange cricket betting:
- Back Bet: You are betting that an event will occur (e.g., India will win the match).
- Lay Bet: You bet that something won’t occur (e.g., India won’t win the match).
This system offers a greater deal of flexibility for cricket betting and, in most cases, better odds than conventional betting sites.
Example:
When you feel that a team would win, you make a back bet on the team. Provided that another user disagrees, they can put a lay bet
Difference Between Cricket Betting Exchange and Traditional Bookmakers
Before you begin trading on a cricket betting exchange, you should know how it works to differentiate it from the bookmaker model that you might be familiar with.
Key Differences
A brief comparison of the two is as follows:
| Feature | Cricket Betting Exchange | Traditional Bookmaker |
| Betting Against | Other players | The bookmaker |
| Odds | Often better (user-driven) | Set by a bookmaker |
| Bet Types | Back & Lay | Mostly back bets |
| Commission | Small % of winnings | Built into odds |
| Flexibility | Higher | Lower |
This type of structure enables more competitive odds on the exchange, like 96.com, than those on fixed-price bookmaker cricket betting sites.
Advantages of Using a Cricket Betting Exchange
Exchanges are also very popular among bettors due to the amount of control and transparency. These benefits are out-maximized on 96.com, which gives access to simple tools and live markets.
Benefits You Can Expect
As you read through the list of advantages, keep in mind that flexibility and fairness of any given exchange can greatly enhance your time of betting as long as you are smart about using them.
- Favourable Odds: The odds are made by users, so you can get better value than with conventional bookmakers.
- Lay Betting Option: This option gives you an opportunity to make a profit from your cricket betting ID when a certain team loses.
- Transparency: All odds and bet history are transparent in real time.
- Greater Market Liquidity: Increased opportunities to find the best you want.
- Bet In-Play: Make use of the changing match situations.
How to Bet on a Cricket Betting Exchange?
Placing a bet at a cricket betting exchange such as 96in or Indibet is easy to perform once you know how it is done. The concept is to transform bets with other users in real time.
Step-by-Step Guide
You have to make sure that your account is verified and funded before you can bet. This is how to bet in a cricket exchange app:
- Register & Deposit: Register yourself over at 96.com cricket betting app and authorize your account, then deposit into your account through your chosen method of payment.
- Match to select: You can select any upcoming or live cricket match that is listed in the exchange section.
- Select Back or Lay: Select whether you are betting on a team/player or against it.
- Set Odds & Stake: Enter the odds you wish (or accept current odds) and the amount staked.
- Place Bet: Finalize the bet exchange cricket and follow the game in real-time.
Top Cricket Betting Exchange Sites in India
Although 96.com is the recommended site, a handful of other cricket betting exchange sites in India are worth learning about.
Popular Cricket Betting Exchange Platforms
In case you are interested in trustworthy platforms for betting exchange cricket, pay attention to the following ones:
- 96.com: Good choice of novices and experienced users. Best cricket betting odds.
- Indibet: It is a nice alternative to cricket-first.
- Betfair (via International access): Brand known over the globe, even though inaccessible in India.
- Betdaq: Recognized for having lower rates of commission.
Top cricket betting exchange sites table
| Rank | Site | Highlights |
| 1 | 96.com | Best overall for Indian users, high liquidity, and low commission. |
| 2 | Indibet | Popular for live cricket exchange betting with a mobile-friendly UI. |
| 3 | Betfair (via agents) | Global leader, wide range of markets. |
| 4 | Betdaq | Low commission, good for beginners. |
| 5 | Matchbook | Competitive exchange cricket betting rates. |
Best Cricket Exchange Betting Apps
Mobile betting in India is massive, and betting is simplified as cricket exchange betting apps are there. The fastest, most reliable, and user-friendly interface is the best app.
Top Apps for Cricket Exchange Betting:
- 96.com App: Clean design, immediate odd changes, trouble-free cash-out.
- Indibet App: Ideal to bet on cricket exchange, easy to navigate.
- Betfair App: More powerful trading features designed to work with experienced traders.
Why Choose a Good App?
A good cricket exchange betting app will mean that you never miss the chance of a market, particularly in a live game when odds fluctuate in a few seconds.
Features to Look for in a Good Cricket Betting Exchange Site
Before registering on any cricket betting exchange sites, look out for:
- Better value/Competitive odds: Better odds imply better exchange betting rates for cricket.
- Low Commission Rates: Some of the sites have a commission rate that is lower than 2%.
- Diversity of Markets: Test and T20 Leagues.
- Mobile Compatibility: Fluent cricket exchange betting application.
- Secure Payments: Rapid INR deposits and withdrawals.
- Customer Support: 24/7.
Exchange Cricket Betting Odds and Rates
In exchange, cricket betting probability is identified through supply and demand. When there is an increased belief that a team will win, then the odds are reduced; otherwise, they will increase.
Example of Exchange Cricket Betting Rate Table:
| Time in Match | India to Win | Australia to Win |
| Before Toss | 1.8 | 2.1 |
| After Toss | 1.65 | 2.25 |
The odds here are usually better than the odds on mainstream bookmaker websites, hence the desirability of cricket exchange kind of betting platforms.
Popular Markets on Cricket Exchange Betting Sites
There are various markets that you can bet on whenever you use the cricket exchange online betting site:
- Match Winner: The commonest where one places a bet on who will win.
- Top Batsman: Place a bet on the highest run-scorer.
- Over/Under markets: total runs.
- Fall of Wicket: Bet on when a wicket will be taken.
- Session Betting: Wager on results in a particular overs.
Both markets provide various risk and reward possibilities.
Conclusion
The cricket betting exchange in the Indian market is an emerging market, expanding rapidly, with a major name such as 96.com in the scene. With more favorable odds, greater control, and thrilling types of bets to engage in, exchange cricket betting is a must-do for those serious fans of the game.
Be it the knowledge on how to play cricket exchange games or the cricket exchange betting site in India, 96.com and Indibet are some of the helpful sites to inform you on cricket exchange online. Begin small, be informed, and have fun being responsible.
Cricket Betting Exchanges FAQs
1. Is Cricket Exchange Betting Legal in India?
The laws determining betting differ among states. The legality of online betting varies from state to state, so be sure to check online betting laws in your area.
2. Can I Use Multiple Cricket Betting Exchange Sites?
Yes, you can compare the odds among various sites and locate the best exchange cricket betting rate using various sites.
3. What Is the Minimum Bet on a Cricket Exchange?
Bets of 100 rupees or less are accepted on most platforms, although this is subject to exceptions.
4. Are Betting Exchanges Safer Than Bookmakers?
Yes, in most cases, they are safer since they serve as impartial middlemen who do not take sides.
