BETTING EXCHANGE FAQ
Here are some of the most common questions we have received regarding betting exchanges in India
Is the Betfair Betting Exchange available in India?
No, unfortunately, Betfair does not accept Indian players at this point in time.
We will keep you updated on this page, in case anything changes in the future.
Is it possible to make sure money on a betting exchange?
Yes, there are ways to arbitrage your bets so that you minimise, or completely eliminate your chances of losing money.
However, learning how to use these strategies requires practice and patience.
Why should I use a betting exchange?
Betting exchanges usually offer better odds than you find on conventional sports betting markets.
This means you will have higher profits, and ultimately you will have more fun betting on an exchange!
Are betting exchanges legal in India?
Yes. Betting exchanges that accept Indian Rupees and which are based outside of India are legal for Indian players to use!
How to Use a Betting Exchange
Now that you know which betting exchanges are the best in India, you may be wondering how to actually use a betting exchange.
If that’s the case, then the following guide is for you.
Follow the steps below to get started exchange betting in no time!
Step 1: Join a betting exchange
When you have decided which betting exchange you want to join, the next step is to sign up and create an account.
This is a simple process that can often be completed in a matter of minutes.
Just make sure that you type in your correct personal details when signing up, as your identity will have to be confirmed at a later stage.
Step 2: Deposit money on the betting exchange
Depositing money on a betting exchange is quite easy for Indians, and can be accomplished using a range of different payment methods.
This includes common Indian payment methods like UPI, online bank transfer, PayTM, Google Pay, PhonePe, and more.
Note: all the best betting exchanges in India accept UPI deposits, so go ahead and sign up with one of our recommended exchanges to ensure that you can swiftly and easily deposit and withdraw money.
Step 3: Get a welcome bonus on the betting exchange
All of the betting exchanges that we recommend here on MyBetting offer some form of welcome bonus to new players on the exchange, and it is our advice that you take advantage of this free bonus as it gives you more money to play around with.
Using a welcome bonus on a betting exchange is 100% free
Your welcome bonus is typically awarded right after you make your initial deposit on the betting exchange.
HOW TO PLACE BETS ON A BETTING EXCHANGE
If you haven’t used a betting exchange before, you are probably wondering how it works. You may even be slightly confused by what all the different buttons mean.
But don’t worry – in this guide, we will show you all that you need to know about how to bet on a betting exchange, so you can start placing bets today!