Betting exchange sites in India 2025

Here, you’ll find all you need to know about the top betting exchanges in India. You’ll find insights into leading sites, details of their features, and all of the benefits on offer for Indian users. There are even details of the best betting exchange apps so that you can enjoy the experience on the go.

List of betting exchanges in India

Found: 6 Bookmakers

Rank Bookmaker Bonus Claim
1 E2BET

88% Sports Refund

18+ T&C apply, GambleAware.org

2 Baji.live

100% Refund up to 500 INR

18+ T&C apply, GambleAware.org

3 Paidbet

100% bonus up to $2,000

18+ T&C apply, GambleAware.org

4 Dafabet

200% bonus up to 20,000 INR

18+ T&C apply, GambleAware.org

5 Winzap

500% bonus up to 3,000 INR

18+ T&C apply, GambleAware.org

6 96in.com

Bet ₹500 & Get ₹3,000 in Free Bets

18+ T&C apply, GambleAware.org

Best exchange betting sites in India

Explore our list of the best exchange betting platforms that can be used by users in India. Each Indian betting site and exchange is rated based on its features, user experience, and suitability for India bettors.

  1. Dafabet

    Screenshot of the Dafabet sport page

    Dafabet offers a hybrid platform that has both sportsbook and exchange features. There are more than 45 sports to explore and these include some of the most popular, such as cricket, football, tennis, and basketball.

    This operator does well when it comes to live markets. These change at pace and the odds are kept up to date. It’s also good to see that INR is supported with payment methods such as UPI, Paytm, and bank transfer.

    • Limitations
    • Limited availability of regional sports such as Kabaddi
  2. E2BET

    Screenshot of the e2bet sport page

    This is another hybrid betting platform. It’s licensed by the Malta Gaming Authority showing that it’s an operator that can be trusted. There are more than 25 sports to wager on, including the likes of football, MMA, and horse racing. It’s also good to see a thriving live section that comes complete with live streams.

    The platform accepts INR through payment options such as bank transfer, PhonePe, and UPI. This is also one of the betting sites that accepts small deposits, starting at ₹300.

    • Limitations
    • Site has a dated appearance
  3. Baji.live

    Screenshot of the baji.live sport page

    Baji.live is limited when it comes to the number of sports covered on the exchange. There are just three here: football, cricket and tennis. The good news here for India users is that this site does cricket extremely well with extensive coverage of T20, ICC, and more. The live section is impressive too, but it lacks live streams.

    INR is supported, but only via bank transfer. Deposits and withdrawals can also be made with cryptocurrencies. This means that near immediate withdrawals are possible.

    • Limitations
    • Just 3 sports covered
    • Limited payment options
  4. Paidbet

    Screenshot of the paidbet sport page

    Paidbet offers a sportsbook, exchange, and casino to explore. The exchange has 20 sports including football, cricket, and tennis. The in-play section had 50+ events each time that we visited and many of these were live streamed.

    While you can use INR using bank transfer, the main focus here is on crypto. There are 15 of these to choose from, including Bitcoin, Ethereum, and Dogecoin.

    • Limitations
    • No iOS app
  5. 96in

    Screenshot of the 96in sport page

    At 96in, there’s an exchange, sportsbook, and casino. There are around 10 sports to wager on, including football, kabaddi, and cricket. There are options to bet on live events but unfortunately, there are no live streams.

    While at 96in, you can deposit and bet from ₹200, making this a low deposit option for users in India.

    • Limitations
    • No live streams

Live betting on exchange sites in India

With live exchange betting, users can place real-time bets as the action unfolds. Features such as live odds, fast market updates, and instant matching means that the whole experience is extremely engaging. These are also great places to find bonus opportunities in India that can be used exclusively on live events. 

Some of what you can expect from live betting includes:

  • Fast market updates and odds refresh
  • Wide selection of live sports
  • Live streams so you can wager as you watch the action
  • Fast transactions so you can wager without missing out on odds changes 
Table for the block live betting on exchange sites in India
Platform Live Betting Liquidity INR Support
Dafabet Yes High Yes
E2BET Yes Medium Yes
Baji.live Yes Medium Yes
Paidbet Yes Medium  Yes
96in Yes Medium Yes

Betting exchange apps in India

Graphic for the block betting exchange apps in India

We’re going to take a look at the top Indian apps for betting and laying at exchanges. The mobile experience, and the presence of a dedicated app, ensures that you can enjoy the ultimate convenience, betting on the go.

Table for the block betting exchange apps in India
Betting Exchange Android iOS PWA APK
Dafabet ✅Yes ✅Yes ❌No ✅Yes
E2BET ✅Yes ✅Yes ❌No ✅Yes
Baji.live ✅Yes ❌No ✅Yes ✅Yes
Paidbet ✅Yes ❌No ✅Yes ✅Yes
96in ✅Yes ❌No ✅Yes ✅Yes

Cricket betting exchange sites in India

Cricket is by far the most popular betting exchange sport in India. Top cricket bookies and IPL bookmakers allow users to back and lay bets across a host of international tournaments as well as local leagues.

Things that go into making a top cricket betting exchange include:

  • Dedicated IPL and international markets
  • Competitive odds and liquidity
  • Live streams of major events
  • Extensive range of cricket markets
Table for the block cricket betting exchange sites in India
Exchange Site Number of cricket markets Back & Lay available Live betting
Dafabet 30+ Yes Yes
E2BET 25+ Yes Yes
Baji.live 10+ Yes Yes
Paidbet 10+ Yes Yes
96in 10+ Yes Yes

What is a betting exchange?

Graphic for the block what the betting exchange is

If betting exchanges are new to you, the good news is that they’re easy to understand. They work in a similar way to a regular sportsbook, but you are betting against other users rather than the bookie. One user places a bet while another lays it. The exchange then matches these and takes a small commission from the winner.

How do betting exchanges work?

Whether you’re looking to start with ₹100 or more, the process is the same. Here’s a look at how the exchange process works:

  • A user places a back bet (predicting that something will happen)
  • Another user places a lay bet (predicting that it won’t)
  • The platform matches the two bets
  • The winner is paid out and the loser’s stake is deducted 
  • A commission is taken from the winner’s profit

Betting exchanges vs. traditional bookmakers

While many platforms feature both an exchange and a sportsbook, there are key differences with how each works. Let’s take a look at the main factors to be aware of:

Table for the block betting exchanges vs. traditional bookmakers
Feature Betting exchange Traditional bookmaker
Bet matching Peer-to-peer User vs house
Bet types Back and lay Back only
Odds Market-driven Bookmaker set
Commission % of winnings Built into odds as a margin
Flexibility Users set odds and stakes Fixed by bookmaker

How to join a betting exchange

Graphic for the block how to join a betting exchange

If you’re looking to sign up and join a betting exchange in India, the process is extremely simple. You just need to follow these steps:

  1. Use our links to head to your chosen exchange site.
  2. Click to sign up.
  3. Enter your email address, create a password, and supply the requested information.
  4. Complete KYC (know your customer requirements) by supplying relevant ID.
  5. Deposit your funds.
  6. Start betting on the exchange markets.

How we rate betting exchanges

Whether you’re placing ₹50 bets or ₹500, you need to be sure that you’re only using the best exchanges. When we rate these, this is what we look for:

  • Liquidity: We check how easily bets are matched. An exchange only works when a bet is backed and laid, so this needs to happen fast, especially during live events.
  • Market depth: We look for exchanges that cover a great range of sports, but beyond this, we check the depth of coverage. We like to see the basic markets covered, along with a range of prop betting opportunities.
  • Commission rates: Exchanges charge a percentage commission of your winnings. This is typically 2%–5%. We check these figures, but also look at how clear the fee structure is.
  • Live features: Live betting is a must. We look for odds that are updated fast, how the platform performs with increased users for popular events, and the quality of live streams.
  • Payment flexibility: Exchanges need to support INR through popular methods such as UPI and Paytm. We also look for those that support crypto, as this allows for fast withdrawals.
  • Mobile access: The best exchanges come with dedicated apps that allow for betting on the go. Beyond this, we also assess how the site works via mobile browsers.

Each platform is tested manually so that we can provide you with an honest assessment of its usability, fast matching, and fair access.

Conclusion

Betting exchanges offer Indian bettors flexibility, competitive odds, and the ability to back or lay an outcome. Key features to look for include liquidity, INR support, live betting, and low commission rates. The sites that we have looked at here all deliver on these areas and present great opportunities for users in India.

FAQ

? What is a betting exchange, and how does it work?

Betting exchanges are peer-to-peer platforms where users bet against each other. One backs an outcome while the other lays.

? Is it legal to use a betting exchange in India?

Betting laws in India vary from state to state. There is no federal law that bans them so be sure to check your own local guidance.

? Which betting exchanges accept Indian payment methods?

Dafabet, Baji.live, E2BET, Paidbet, and 96in all accept Indian payment methods.

? Can I bet on cricket using a betting exchange?

Yes, all of the platforms that we’ve looked at offer back and lay markets for cricket.

? Do betting exchanges offer mobile apps?

Yes, most support Android apps, while the likes of Dafabet and Paidbet also have iOS apps.

Review Author

Kate Richardson

Kate Richardson

Strategic Betting Analyst: Expert in Developing and Implementing Data-Driven, Profitable Sports Betting Strategies.