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Best Betting Exchange Sites in India | OCBookies

The purpose of this page is to give you concise, comprehensive, and up-to-date information regarding the most sought-after betting exchanges in India. We’ll go over all the important features, critical perks as well as downsides to aid you in picking the best platform, regardless of your level of familiarity with exchanges specifically. This guide will give you an unbiased perspective on the sites, what makes them attractive, and how they can help you secure better results.

Top Betting Exchange Sites for 2025

Best Mobile App
4.8
  • Crypto Payments
  • 25+ Live Categories
  • Many Virtual Sports
  • Over 10,000 Games
First Deposit Bonus
1,05,000 INR
Read the review
  • Crypto Payments
  • 25+ Live Categories
  • Many Virtual Sports
  • Over 10,000 Games
Parimatch mobile app Parimatch mobile app Parimatch mobile app
Short review text
Parimatch is one of the oldest and most popular betting and gambling sites with an app for Android and iOS, 10,000+ casino games, 25+ live betting categories, crypto support, and bonuses such as 150% up to 1,05,000 INR.
Compatible apps
Payments available
PayTM
UPI
PhonePe
Cryptocurrency
Skrill
Min Deposit
200 INR
Good Welcome Bonus
4.4
  • Crypto Payments
  • Mobile App
  • 10% Casino Cashback
  • Crystal Jackpot Tab
Welcome Package
137,866 INR
Read the review
  • Crypto Payments
  • Mobile App
  • 10% Casino Cashback
  • Crystal Jackpot Tab
Megapari App Megapari App Megapari App
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Megapari as a 2019 online casino and betting website has a mobile app and many features for Indian gamblers such as payment methods in INR, over 30 sports with 6,000+ events and a bonus of Up to 137,866 INR + 150 free spins.
Compatible apps
Payments available
Skrill
PhonePe
PayTM
Cryptocurrency
Neteller
Min Deposit
55 INR
Great Sports Betting Options
4.5
  • Many Indian Payment Methods
  • Crypto Support
  • Esports Betting
  • 30+ Live Betting Markets
First Deposit Bonus
30,000 INR
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  • Many Indian Payment Methods
  • Crypto Support
  • Esports Betting
  • 30+ Live Betting Markets
Paripesa mobile app bonuses Paripesa mobile app main page Paripesa mobile app slots
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Paripesa offers players from India features like more than 50 sports categories, thousands of casino games, and support for payment methods like PayTm and Crypto with a first deposit bonus of 100% up to 30,000 INR.
Compatible apps
Payments available
UPI
PhonePe
PayTM
Skrill
Jeton
Min Deposit
85 INR
Loads of Bonuses
4.5
  • Separate Cricket Section
  • Esports Betting
  • 20+ Promotions
  • Crypto Accepted
Welcome Bonus
100,000 INR
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  • Separate Cricket Section
  • Esports Betting
  • 20+ Promotions
  • Crypto Accepted
Rajabets App Rajabets App Rajabets App
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Rajabets provides over 5,000 casino games from slots to live dealers, 25+ sports categories and crypto as a payment method for Indian users with a welcome bonus of 200% up to 100,000 INR for you.
Compatible apps
Payments available
PhonePe
Cryptocurrency
Jeton
UPI
Neteller
Min Deposit
200 INR
6,000+ Sports Events
4.6
  • Crypto Accepted
  • SB Games Section
  • Mobile App
  • Virtual Sports
First Deposit Bonus
20,000 INR
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  • Crypto Accepted
  • SB Games Section
  • Mobile App
  • Virtual Sports
Sapphirebet mobile app Sapphirebet mobile app Sapphirebet mobile app
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Sapphirebet is a bookmaker and casino site that is popular among players from India for its 30+ sports categories with more than 6,000 events available that you can bet on with UPI or crypto and redeem the welcome bonus of 100% up to 20,000 INR.
Compatible apps
Payments available
PhonePe
Cryptocurrency
UPI
Skrill
Visa
Min Deposit
300 INR
Many Payment Methods
4.7
  • Crypto Accepted
  • Mobile App
  • 4 Register Options
  • Esports Betting
Welcome Package
140,000
Read the review
  • Crypto Accepted
  • Mobile App
  • 4 Register Options
  • Esports Betting
1xbet mobile app sport betting 1xbet mobile app 1xbet mobile app main page
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1xbet is an online casino and betting site that is very popular with Indian users for its mobile app, crypto support, and esports games with a bonus of Up to 140,000 + 150 free spins.
Compatible apps
Payments available
Cryptocurrency
UPI
PhonePe
NetBanking
Google Pay
Min Deposit
100 INR
Payout
300 INR
4.4
  • Crypto Payments
  • Mobile App
  • 10% Casino Cashback
  • Crystal Jackpot Tab
Welcome Bonus
45,000 INR
Read the review
  • Crypto Payments
  • Mobile App
  • 10% Casino Cashback
  • Crystal Jackpot Tab
Mostbet App Mostbet App Mostbet App
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Mostbet is a 2009 bookmaker that has been providing Indian players with great features such as its mobile app, Hindi language support, and over 50 different sports that can be bet on with the 100% up to 45,000 INR + 250 free spins first deposit bonus.
Compatible apps
Payments available
Skrill
PayTM
PhonePe
Cryptocurrency
Neteller
Min Deposit
300 INR
Good Mobile App
4.4
  • 6,000+ Sports Events
  • VIP Program
  • Accepts Crypto
  • Esports Betting
Welcome Bonus
135,390 INR
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  • 6,000+ Sports Events
  • VIP Program
  • Accepts Crypto
  • Esports Betting
Betandyou mobile app Betandyou mobile app Parimatch mobile app Betandyou mobile app
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Betandyou has lots of payment options available for Indian gamblers like PhonePe and UPI to bet on 6,000+ sports events and a welcome bonus of up to 135,390 INR + 150 free spins.
Compatible apps
Payments available
Cryptocurrency
Skrill
UPI
PhonePe
PayTM
Min Deposit
100 INR
Good Mobile App
4.6
  • Mobile App
  • 5,000+ Casino Games
  • Great Live Betting Odds
First Deposit Bonus
40,000 INR
Read the review
  • Mobile App
  • 5,000+ Casino Games
  • Great Live Betting Odds
Melbet App Melbet App Melbet App
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Melbet is an older and very popular casino and bookmaker founded in 2012 having a collection of 5,000+ casino games and 1,000+ sports events available daily and many payment methods in INR
Compatible apps
Payments available
UPI
PhonePe
ecoPayz
Skrill
Neteller
Min Deposit
100 INR
12,000+ Casino Games
4.8
  • 30% Cashback Bonus
  • Original 1Win Games
  • Mobile App
  • Lots of Crash Games
Welcome Bonus
45,000 INR
Read the review
  • 30% Cashback Bonus
  • Original 1Win Games
  • Mobile App
  • Lots of Crash Games
1win mobile app 1win mobile app 1win mobile app
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1Win serves Indian players with INR support, many payment methods including crypto, 5,000+ games, and oiver 30 sports betting markets across with a 500% welcome bonus.
Compatible apps
Payments available
Cryptocurrency
AstroPay
Visa
UPI
PayTM
Min Deposit
300 INR

Definition of Betting Exchanges

Identification of betting exchanges

As opposed to conventional bookmaking, a betting exchange is where members bet against one another. India-based cricket fans may bet on the result of an event by either “laying” (betting against) or “backing” (betting for) the outcome. The platform itself receives a little cut of your wins when you compete with others.

To gain a clearer understanding of how a betting exchange operates, let’s imagine that there’s an upcoming cricket game: Australia will take on India. You support India, so you place an exchange bet backing them. On the flip side, there’s someone who is betting against India – they lay a bet on India. If India comes out on top, you win the back bet, and the other player loses. Placing a bet on betting exchange sites entails selecting an event, deciding to back or lay, and entering your stake.

Back Bets

The majority of bets are placed on outcomes that the bettor believes will actually occur, a practice known as back betting. This means you “back” a selection, hoping it wins. In case it happens, you’ll collect your winnings; otherwise, you’ll incur a loss.

If you assume that Chennai Super Kings will win a match against Sunrisers Hyderabad, you may place a back bet on them. In case they emerge victorious, you’ll get your profits according to the odds you accepted while making a bet. It’s a simple and familiar form of betting for most players.

Lay Bets

Lay betting is placing bets not for, but against the occurrence of a certain result. Instead of backing a selection to win, you lay a selection – implying that it’ll lose. This option is presented only on betting exchanges since, in essence, it allows players to act like bookmakers.

For example, laying a bet on Sunil Narine becoming an MVP in a match means that you are predicting that another Kolkata Knight Riders player or a member of the opposition would claim that title. So, in a lay bet, you can only win if Sunil Narine does not become an MVP. 

In-Play Bets

You may bet on a cricket match while it’s still taking place with in-play bets. When you bet in-play, you may change your strategy as the game progresses, which is not possible if you put down a bet before the match. There exist many live betting-specific markets displayed on betting exchange sites in India, which makes this option very attractive.

Ongoing events, such as player performance or the flow of the game, cause the odds to change in real time. You may take advantage of these live developments with in-play bets, and that’s why this form of betting is believed to be very advantageous.

Matched Bets

Matched betting is a complex method that India’s cricket bettors employ to their advantage: it entails either minimizing loss or guaranteeing profit by making two opposite bets on the same event.

The basic idea is that you put a qualifying bet during a specific promotion to earn a freebet. You place a qualifying bet on one outcome (e.g., Kolkata Knight Riders to win) and then rush to a betting exchange to lay the same outcome (bet in opposition to Kolkata Knight Riders winning). This way, you’ll bet on every possible outcome and still be able to profit.

Our best picks for exchange sports betting in India

A selection of sports betting exchanges in India

To make sure you have the most well-suited picks presented to you, we’ve analyzed the leading platforms. Beyond the quality, the security, dependability, and user-friendliness of each platform on our list have all been meticulously examined. These sites provide safe transactions and a harmonious cricket bet-making experience, so you can trust them. Check out our recommended betting exchanges and discover the one that suits you best.

Six6s

Launched in 2025, Six6s is the newest and most ambitious option for betting exchange users. You can place IPL bets with real money but either laying or backing bets on mobile, PC, and beyond. There is supplemental functionality for long-term, pre-match, and live bets across such sections as I-Sports, Football, Virtual, E1Sport, and CMD as well. The cricket matches themselves have approximately 150 betting markets to choose from and there are great visualization tools to help you along the way.

Sensible minimum bet requirements for cricket matches, 100% welcome bonus of up to 7,777 INR, valid Curacao license, and many other advantages make the Six6s exchange one of our top 5 picks in 2025.

96in

This site was set up in 2022 and given a permit to operate legally in India by the Curaçao Gaming Control Board. A 501% bonus up to 30,000 INR can help start your journey the right way.

The site’s mobile app is fast and easy to use and there are many depositing tools to take advantage of, including PhonePe, UPI, and EcoPayz. Whilst it’s not the most convenient and easily accessible exchanger site, it does create daily opportunities for high-value bets and was made with an Indian audience in mind.

Satbet

Satbet was launched in 2020 and holds a Curaçao-issued permit. This site has a very generous welcome offer for all cricket fans – 300% bonus with an upper limit of 10,000 INR. The money is sure to help plenty of bettors and there is no doubt that this site offers a very remarkable online exchange overall.

The site gives great coverage of the Caribbean Premier League, T20 Vitality Blast, and all the other important competitions. Biggest games are showcased on the main banner and there are related bonuses as well.

Dafabet

Launched in 2004, Dafabet became an iconic brand due to many sponsorship deals and a high level of mainstream exposure. As one of the most reputable exchanges, it managed to secure licenses from several regulatory bodies, including the UK Gambling Commission.

On top of having one of the best betting exchange apps, this site provides extensive IPL coverage. There are statistics, team performance, and historical data as well as consistent opportunities to make bets with high odds.

Tez888

Tez888 betting exchange delivers a great welcome bonus of 300% up to 35,000 INR. It was launched in 2020 and quickly became one of the industry stalwarts. It represents Prime Operations N.V. and was accredited by the Curacao Gaming Authority. The site has 10+ promotional offers available, including one that is suitable for cricket fans.

The bet exchange section is available through a separate lobby, and you can use local payment methods, sign-up with just a mobile number, and enjoy other perks before you place even a single bet.

Cricket Bets on Exchange Sites

Indian bettors may enjoy one-of-a-kind cricket betting with the help of exchange platforms. The fact that users of these exchanges may place bets against one another instead of bookmakers leads to more favorable odds, better betting options. Cricket especially is a popular sport for in-play betting exchange bets since the odds change so fast depending on what happens during the match. In short, there are many upsides to betting on cricket on platforms such as the following:

  • Sky247. Sky247 is a well-known and prominent betting exchange that operates on a national and worldwide scale. International and domestic cricket matches are available for cricket bets daily. Betting on it is a breeze because of its user-oriented, well-optimized interface and daily options, which guarantee competitive odds. The first deposit bonus offer is 24% cashback for 7 days straight, up to 10,247 INR. There’s an app, WhatsApp-assisted registration is available, so it is very easy to reach this exchange and start placing bets.
  • 96in. As already discussed briefly, the user-friendliness and advantageous bonuses of 96in have made it fairly famous. The interface is very helpful, with many active markets, sports available for choosing, and even contextual help (which you can turn off if you feel like you’re knowledgeable enough). You can always review the rules, assess data regarding the total number of bets, and make educated choices. Add in a 501% bonus up to 30,000 INR and it’s easy to see why this specific option enjoys such popularity in India.
  • Indibet. It is a reputable exchange that provides a wide range of cricket markets as well as a 500% bonus with an upper limit of 10,000 INR. You get a very dynamic experience with the exchange, it feels like a stand-alone website in general. Home, In-Play, Cricket, Soccer, Tennis, and Register are the tabs you can explore. You can apply different filters and take advantage of several useful features as you potentially secure bigger wins.

How to Pick the Right Site?

To have more fun and potentially bring in more wins, you ought to choose the correct betting exchange. It must suit your needs, preferences, and be on par with high industry standards. Since there are many platforms out there, we took some weight off your shoulders by handpicking sites that meet high criteria.

Our analysis requires careful consideration of a number of important variables. Below, you will find the key components that, in our opinion, separate a good cricket betting exchange from a brilliant one.

License

This one is not a high standard, it’s a bare minimum, but it’s still very important. Your bets are only safe when placed on an exchange that has a valid license, which means they operate lawfully and follow all regulations.

Curacao eGaming Authority, the Malta Gaming Authority, and the UK Gambling Commission are among the most prolific and reputable issuers of licenses. These licenses indicate that the exchange is regulated and trustworthy, offering protection for your funds and personal information. Also, they make sure that your betting is in line with all the Indian laws.

Liquidity

The term refers to the total amount of money available for placing and matching bets in the given betting market. High liquidity means more active participants. Greater liquidity leads to: 

  • smoother transactions, 
  • improved odds, 
  • higher likelihood of having your bets matched.

Commissions

Your gains will be subject to commissions, which are costs levied by the betting exchange. It is very straightforward: when charges are minimal, more of your earnings stay in your pocket. You may optimize your profits by comparing the commission structures of different exchanges. Betting becomes more lucrative as a whole when fees are reduced. This will guarantee that your betting activity is cost-effective.

Welcome Bonuses

The purpose of an exchange’s welcome bonus is to entice new customers. Some examples of these incentives include free bets and deposit matching. Because they provide extra value when beginning with a new platform, these benefits should be carefully considered when choosing exchange betting sites.

You may play around with different betting formats or strategies after you elevate your betting budget with a generous welcome incentive. For example, Tez888 can give you a welcome bonus of 300% up to 35,000 INR. But you need to dig deeper than that because this company’s terms and conditions may be less advantageous than what another site can supply.

Betting Markets

Even if it’s the users who are more in control, your options for bets are still limited by the variety of betting markets offered by a betting exchange. A broad selection of picks, especially the more niche markets, is essential. If you don’t have a big line-up, you won’t be able to find good odds on the bets you want to make.

The more extensive the market coverage, the more options you have to really take advantage of the inherent perks of betting exchanges. Common betting markets include match winner and top batsman. While the more niche options are odds/evens markets, totals, and player-specific bets.

Mobile App

In case you want to bet on the go, downloading a dependable mobile app is a must. The qualities of a good app include responsiveness, ease of use, and compatibility with all desktop functions. Most exchanges mentioned on this page have a very highly ranked mobile app for both iOS and Android, but it’s still important to pay attention to this aspect.

A modern app is able to seamlessly handle secure transactions, live streams, and all forms of account management. For in-play bets in the betting exchange section in particular, having a well-designed mobile app that lets you make bets whenever and wherever you want is crucial. You can keep up with live cricket matches and handle your bets efficiently even while you’re on the go. That way, no advantageous odds will be able to slip away from you.

Payment Methods

If a site wishes to make deposits and withdrawals simple for the customers, it needs to support a variety of payment options. Try to find platforms that, first and foremost, support Indian rupees. Then, they must enable payments through a variety of local instruments, including Paytm, UPI, local bank transfers, major credit cards, e-wallets like PhonePe, and beyond.

With an abundance of options for moving money in and out of your account, you may choose the one that’s best for you in terms of security and convenience in any situation. You may manage your cash more effectively and spend the money won in a betting exchange faster. Additional points to consider:

  • Instant deposits. Choose platforms that provide immediate access to money.
  • Withdrawal times. Look for processing within 24 hours for e-wallets and 2-5 business days for bank transfers.
  • Withdrawal limits. Choose exchanges with minimum withdrawals around 1,000 INR and maximums up to 50,000 INR or higher.

Support Service

In order to resolve problems and answer questions speedily, an effective support service is essential. Live chat, email, and phone assistance are just a few ways that reliable betting exchange companies should keep customers happy and fully protected.

With dependable online assistance, available 24/7 and in Hindi, you can be certain that any inquiries or issues will be handled promptly. Whether there are issues with specific limits for deposit options or bonus free bets, a good client support service can help you out in a fast fashion.

Bet Exchange Site vs Sportsbook

Knowing the distinctions between a sportsbook and a betting exchange can help you choose the right one. Each platform caters to different betting tastes with its own distinct features and benefits. No option is inherently better than another, they are just meant to serve different audiences. So, betting exchange sites permit users to bet against each other, arranging a marketplace for bets with better odds and superior flexibility. 

FeatureBetting ExchangeSportsbook
Bet TypeUsers bet against each other.Users bet against the bookmaker.
OddsThe odds are usually better since prices are set by the market.The bookmaker sets the fixed odds.
FlexibilityAllows both backing and laying bets.Limited to backing bets.
LiquidityDepends on user activity; high liquidity can result in better odds.Typically, the odds are high and set.
Welcome BonusesTypically fewer bonuses offered since a betting exchange gives you more chances to profit by default.Frequently has a variety of welcoming promos and additional perks.

You should consider your betting style and preferences before deciding a betting platform. Sportsbooks provide more simplified betting with set odds and frequent promotions, whilst betting exchanges offer flexibility and, in most cases, superior odds.

Tips and Strategies

Exchange sites offer a wealth of opportunities for savvy bettors. As stated above, they really are a more dynamic alternative to traditional sportsbooks. 

  • Get a Good Grasp of Lay Betting. Unlike traditional betting, where you only place bets to win, betting exchanges allow you to “lay” bets, meaning you bet against a particular outcome. 
  • Don’t Overlook the In-Play Feature. You may put down bets while a game or event is in progress on most exchanges. Under most circumstances, it’s more advantageous. You may take advantage of shifts in odds as they happen and change your approach according to the data that is updated in real-time. 
  • Use All Arbitrage Opportunities. Exchanges can give you arbitrage opportunities, where you can place bets on all possible outcomes of an event and lock in a profit regardless of the result. Look for discrepancies in odds between different markets or between the exchange and traditional sportsbooks (discussed briefly in the Matched Betting section).
  • Manage Your Bankroll Wisely. It’s good advice for any betting platform, but more than anything else – for the exchanges. Their volatility can lead to rapid swings in your balance. 
  • Research and Analyze. Extensive study and analysis are essential whilst at betting exchanges, just as in conventional betting.

Conclusion

Betting exchanges offer a dynamic alternative to traditional sportsbooks. Users bet against one another, creating a different, more democratic pricing and demand. The better cricket odds, the ability to both back and lay bets, as well as matched betting, which can guarantee profits or minimize losses, are among the key features. Best of luck as you explore the best options suited to your betting style and preferences!

FAQ

01
What is a betting exchange?

It is a web platform where users bet against each other rather than a bookmaker. You can either “back” (bet for) or “lay” (bet against) an outcome.

02
Are betting exchanges legal in India?

Yes. But only if they are licensed and operate within the country’s regulations.

03
Which sports markets are available on betting exchanges?

The selection of betting markets is large with 300-500 being available for most cricket matches. The most popular one is the match winner.

04
How to place a bet on a betting exchange?

Select an event, choose to back or lay a bet, enter your stake, and the exchange will match you with a corresponding bet.

05
What is margin and commission on a betting exchange?

Margin is the disparity between the odds you back or lay at. Commission is a fee charged by the exchange on your winnings, usually a percentage.

06
What are the best betting exchanges for beginners?

For beginners, Six6s and SKY247 are considered the most highly recommended betting exchange sites in India. This is due to their user-friendly interfaces, generous welcome bonuses, support of the Indian currency – all very helpful for newbies.