Your Full Guide to Using Betting Exchanges
Ever wondered how to use a betting exchange in India?
We’re here to have betting exchanges explained in a simple way so that everybody can enjoy what these sites have to offer.
By having betting exchanges explained, you’ll be much better prepared to get greater value on your bets for anything from cricket and football, to badminton and horse racing. Plus we’ll even reveal our pick of the best betting exchanges so that you can enjoy a safe, legal and fun way to back and lay your sports bets.
Looking for the Best Betting Exchanges in India? Read On!
Anybody looking for the best betting exchanges should benefit from our operator comparison. This is able to compare and contrast each betting exchange in India so that you find a site that’s perfectly suited to your own sports betting needs.
Whether you want a betting exchange for cricket or motor racing, our comparison gives you a simple way to find a great site. Plus our comparison can even help you find betting exchanges that could be successfully used in conjunction with the best strategy for no risk matched betting India has to offer.
While betting exchanges aren’t best-suited for newcomers to sports betting, once we have betting exchanges explained, we think that newbies and experienced pros alike will benefit from using our comparison to find the best betting exchanges.
Keeping You Safe & Secure – Top5 Betting Exchange Checks
Before we reveal our pick for the top betting exchange in India, it’s worth thinking about how safe these sites are to use. After all, you’ll have to make deposits to bet at these sites, and you will also have to provide personal information when you register your account. So just to help you out, here are the top five things that we check for before we recommend any betting exchange in India.
If you are asking ‘Is online gambling legal in India?’, then you should know that it’s perfectly legal to bet on online betting sites. However, you should always check to see that the operator is fully licensed before you sign up to their services. We’ll do the hard work for you by only recommending sites that have licenses from the highest grade of authorities such as the UK Gambling Commission or the Malta Gaming Authority.
Safe payment methods
Real money betting should be made secure and simple at all of the best betting exchanges. These sites should give you access to a variety of reputable payment brands for making deposits and withdrawals. We’ll help you find those sites that use the most trustworthy credit cards, debit cards, ewallets, prepaid cards and bank transfers.
While you’ll be betting against other sports fans at a betting exchange in India, this doesn’t mean that you should be betting on anything less than completely transparent and fair odds. We’ll also let you know what commission fees the betting exchange imposes so that their fees don’t eat too much into your winnings.
Helpful customer support
There are few things more irritating than not being able to get in touch with a bookmaker’s customer service team. So we will make sure that all of our recommended betting sites have responsive and helpful customer support agents. Ideally, this would mean that you get your betting exchange queries handled around the clock.
How We Assess & Rate the Top Betting Exchanges in India
So how did we go about picking the best betting exchanges? We established a thorough operator comparison that is based on the independent expert reviews that we carried out of each sports betting site operating in India. Here’s a quick overview of the main test categories that we included in each review.
This saw us examining what kinds of welcome bonuses new customers could get by signing up to the betting site for the first time.
We looked at how easy it was to navigate around each betting exchange in India. We also examined each site’s loading times, and checked if there was a mobile betting app available.
We love those betting sites that feature 24/7 customer support that is available through user-friendly contact methods like live chat, email and telephone.
You’ll want a betting site that features a broad range of secure payment methods. These should include major brands like Visa, MasterCard, Skrill, Neteller and Paysafecard.
All decent betting sites will be fully licensed and regulated. Plus we examined how each site’s security protocols could keep your money and personal information safe.
Most top betting sites will have plenty of promotions that can give you anything from odds boosts to special loyalty programs.
We compared the sports bets available at each site, and looked at how many sports betting markets they had for all major sporting events.
Many sports betting sites will have a casino gaming section, and we’ll let you know what kind of slots and table games each operator features.
It could take you plenty of time and effort in looking for the best betting exchanges. So we have done the hard work for you by creating an awesome operator comparison. This gives you a quick and easy way to look at all of the best betting sites currently operating in India.
All that you have to do is to browse our leaderboard and you’ll quickly see those sports betting sites that are edging ahead of the competition. The leaderboard is based on our impartial bookmaker reviews so that you can be sure that you are getting an accurate picture of how these bookmakers operate.
Our comparison offers you a great way to find a new sports betting site, or even check out a bookmaker that you’ve been wanting to find out more about. So even if you have your own preferred betting exchange in India, then we think that you’ll definitely find something new to enjoy through our bookmaker comparison service.
Sportsbook vs. Betting Exchange – Key Differences
In many ways, using a betting exchange is similar to a standard sportsbook. You just have to sign up to the betting site, put down a real money deposit, make your sports bets and then pick up whatever winnings you make.
But the key difference relates to the odds that you are betting on. This is because you will be betting against other sports fans, rather than a bookmaker. Standard online bookmakers work by giving you odds to bet on. But the best betting exchanges will see you trading bets with other punters.
This means that you will see a range of odds for each sporting encounter. It’s then your job to ‘back’ the odds that are on offer, or ‘lay’ the bets which means betting against the prediction that’s being made.
As such, betting exchanges offer a whole new way to bet on sport, and they have the potential to give you much more flexibility in the odds that you can bet on.
Top 3 Reasons to Consider Using a Betting Exchange
Getting superior odds is probably the main reason why many sports fans prefer using betting exchanges rather than standard sportsbooks. This is because you will be betting against other sports fans, and there will be a much greater range of odds on offer.
No betting margin
There will be no betting margin that is normally imposed by a bookmaker. The betting margin relates to the way that the odds are established that ensure that the bookmaker can stay in profit.
We should also note that betting exchanges offer a much greater amount of flexibility than you might find at a standard sportsbook. It’s always interesting to see what kinds of odds other sports fans will come up with, and you have the option of laying their bets.
Plus you can enjoy coming up with interesting combinations of bets, so if you’re asking ‘What is Asian handicap betting?’ then you can go to a betting exchange and see how taking out the draw from a bet could give you even better odds.
Betting Exchange Quick Tips
Difficult for newcomers
While betting exchanges will offer plenty of value, it’s worth noting that such betting sites might not be such a great option if you are brand new to sports betting. After all, not only will you need to know how betting odds are calculated, but you will also need to understand the different approaches needed in working out how to back and lay your sports bets.
Limited odds available
We should also note that because you are betting on the odds put on by other sports fans, there’s always the chance that you might not find any odds for the betting market that you want to bet on. This means that if you are into niche sports, then you might want to use a standard sports betting site.
Don’t forget that betting exchanges will charge a commission on all of the profits that you make on their sites. This is how betting exchanges make their money, and while the commission fees might not seem too much at first, they will eat away at your winnings significantly over the long-term.
We should mention the fact that betting exchanges might not offer you the same variety of sports betting bonuses that you might find at a standard online bookmaker’s site. Most betting exchanges will have welcome bonuses that temporarily reduce their commission fees, rather than giving you a standard deposit match deal. Plus you are unlikely to get much in the way of enhanced odds offers, as you’ll be betting on the odds provided by other punters, rather than the actual bookmaker.
Conclusion – Check Out These Great Betting Exchanges in India
If you’ve been asking which bookmaker is best for beginners in India, we’ve given you a great way to find the best betting exchanges operating in India. This is because our comparison service gives you an easy way to see how all of the nation’s bookmakers are competing to give you better odds and a more satisfactory service.
We’ve also shown you all of the key things that you should be looking for in a betting exchange in India. From valid licensing to secure payment methods, there’s plenty of things to consider.
But if you stick with any of our recommendations for the best betting exchanges, then we think that you’ll have a great way to enjoy backing and laying your sports bets.