Betting Exchange Apps in India
Find how to bet on a betting exchange with detailed reviews of the best betting exchange apps in India
Best Betting Exchange Apps in India (2025)
Dafabet App
- Betting exchange is easy to find
- Terrific outrights options in the betting exchange
- Matching happens quickly in most occasions
- Betting options could be better
- High minimum deposits
| Website: dafabet.com | Founded: 2004 |
| Owner: AsianBGE | Headquarters: Makati, Philippines |
Summary
Author: Shaiva Bhalani 
Fun88 App
- Wide range of betting options for bettors
- Excellent promotions and welcome bonuses
- Bet on some special markets not available on the sportsbook
- User interface can be better
- Low maximum bets
| Website: www.funn88.co.in | Founded: 2009 |
| Owner: Welton Holdings Limited | Headquarters: Isle of Man |
Summary
Author: Shaiva Bhalani
What is a betting exchange?
A betting exchange is a marketplace where bettors can trade bets with peers or other bettors instead of the house.
Think of this like a stock exchange, where you bet on a certain outcome and there is another bettor who is accepting the other side of the bet.
In this method, you can buy an outcome (also called back) or sell that outcome (also called lay). In a betting exchange, bettors backing and laying bets comprise a betting exchange.
In this page, we'll brief you on the features and some tips and tricks to consider while wagering on these betting exchange apps.
Features of a betting exchange
Here are some of the important features of a betting exchange:
- Some bets may not be placed: If there are not enough buyers for a bet that you are trying to sell at the price you want, then your back or lay may still be pending till the end of a match.
- Playing against peers: You are not betting against the house like a traditional sportsbook. So prices at betting exchanges are majorly dependent on what your peers think is going to happen.
- Commission rate: In a betting exchange, the operator will take a small commission on your winnings, which is not the case in a traditional sportsbook.
Betting Exchange Apps: Your Ultimate Guide
As we've explained previously, a betting exchange helps you bet in a slightly different way than the traditional method.
We will, of course, delve into the finer details of a betting exchange, including how to use one in India and which are the best operators. But there are some important factors to know before you bet at a betting exchange.
Remember that some features and aspects of betting using an exchange are different, which means your winnings and overall betting portfolio will be impacted.
Here are some tips to consider before placing your wagers at a betting exchange.
Nikhil K
Editor, Betting Apps India
If you've landed on our page to consider a betting exchange, also called yes or no betting apps in some variations, here are some tips and tricks:
- Use price to your advantage: Some betting exchanges will allow you to set the buying or selling price you want. If you think RCB are going to win but you also want a better price, you can set the buying price, which will help you maximise your winnings.
- Consider a stop limit: Like a stock exchange, you can limit your losses or cash out your profits at specific prices. Consider using these features to improve your betting experience.
- Make sure your bets are bought or sold: There may be occasions when your bet may not be bought or sold. Ensure you check the betting exchange for the status of your trades.
Best Betting Exchange Apps in India
Not every operator offers a betting exchange as a feature. We looked all over to find reliable betting exchange apps, and came up with two that you can reliably consider.
Some operators, like Parimatch, offered a regulated betting exchange previously but that is not the case anymore as they shut down their exchange.
No. 1 Betting Exchange App: Dafabet
Bonus Up To ₹20,000 200% Deposit Bonus
Dafabet has an incredible range of options in their betting exchange. For any match, they offer almost a similar range of betting markets as their sportsbook, which means you can bet on so many more options in the way you want.
You can even bet on futures markets in Dafabet's betting exchange.
An important point to note, however, is that you cannot bet on every sport at Dafabet with their betting exchange.
Sports covered:
- 🏏 Cricket
- ⚽ Football
- 🏀 Basketball
- 🎾 Tennis
- 🏓 Table tennis
Pros and Cons of the Dafabet Betting Exchange:
✅ Excellent range of markets available
✅ Bet in multiple ways, such as in-play, pre-match and futures
✅ Excellent interface to quickly set your preferred price
❌ Some sports, like esports, not available in the betting exchange
No. 2 Betting Exchange App: Fun88
388% Up To ₹28,000 388% Deposit Bonus
Fun88 is even better than Dafabet when it comes to range of betting markets that you have access to in the betting exchange.
You can back or lay bets on batter totals, innings total, session totals, 10-over totals, total boundaries and even how many balls will be faced by a particular batter.
Like Dafabet, however, the sports covered at Fun88 are limited.
Sports covered:
- 🏏 Cricket
- ⚽ Football
- 🎾 Tennis
Pros and Cons of the Fun88 Betting Exchange:
✅ Terrific options for betting
✅ Futures and other "special markets" available
✅ Minimum and maximum bets easily viewable and specifically mentioned
❌ Limited options for sports
Pros and Cons of Betting Exchange Apps
There are a few advantages of using betting exchange apps as opposed to traditional sportsbooks but this also comes with its share of demerits. Here are some of them.
Set the price you want
One of the best features of using a betting exchange is that you can set the price you desire. You don't have to accept the odds set by traders.
If you think an outcome is worth a bet at a particular price, all you need is a bettor at the other end to accept your price. Essentially, you are the market!
Some markets not available in a sportsbook
Occasionally, you will even get betting markets to bet on that are not available in a sportsbook.
While doing our research for this page, we found a market for "Balls faced by a batter" at Fun88, which is not available on the sportsbook.
Exit markets easily and quickly
You can set a price to cash out your bet and just wait for the price to go there to exit your bet. That ensures that you can exit markets without waiting for a cash out price, like at a traditional sportsbook.
Limited access to sports
One major issue with betting exchange apps is that you have only limited sports to bet on. While the major sports are covered, you cannot bet on most sports like baseball, esports, hockey and most others.
Few operators offer betting exchanges
As you can see, we have listed only two reliable betting exchange apps. That is because this is a feature that few operators provide. Many operators have shut down their betting exchanges too.
Cannot combine bets
Like in a sportsbook, where you can use a bet builder or a parlay (multibet/accumulator), betting exchanges don't allow you to combine multiple bets into one single bet with higher odds.
How To Use Betting Exchange Apps
If you're new to placing bets on a betting exchange, you can follow this step-by-step guide to place your wagers.
1
Step 1: Choose your match
2
Step 2: Pick your betting market
FAQs about Betting Exchange Apps
Which is the No. 1 betting exchange app in India?
What is the difference between a betting exchange and a sportsbook?
In a sportsbook, you are betting on an outcome against the house at the price set by the operator. In a betting exchange, you are betting against your peers or other bettors, with a price that is set by you.
Is wagering on a betting exchange legal in India?
Wagering on a betting exchange is similar to a normal sportsbook. It is not illegal to bet online with an overseas operator as laws in India are governed by the Public Gaming Act of 1867, which prevents you from betting in a public house.
How can I set the odds I want in a betting exchange?
You can set the odds or price by just increasing or decreasing the odds as you desire with the + or - button. If another bettor accepts your price, your bet is matched and either sold or bought.
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