Welcome to Exchmarket
The most comprehensive guide to betting in India
We have created this website in order to help you gamble legally and profitably in India. We will provide you with step-by-step guides about everything from choosing the right bookmaker to setting up an account, to becoming a profitable player.
Our sole purpose is to help Indian players get success with online gambling and online casino in a legal way. On this page, you will find the answers to some of the most common questions we get, such as:
- Is gambling legal in India?
- How do I get started with online gambling?
- Which bookmaker is the best for Indian players?
- How do I make money with gambling?
And of course, a very important one:
- How do I withdraw the money I’ve won in India?
If you’re ready to get started gambling in India, then please join us on this journey, as we walk you through the motions of how to gamble in India.
How to get started with online betting in India
So you have decided to try out online gambling, but you’re not sure how to get started? Don’t worry, it’s really simple, and we’ll show you how.
The first thing you have to do is decide which bookmaker you want to sign up with. There are numerous betting sites that accept Indian customers. Most of them also allow you to play with rupees, instead of other foreign currencies.
To make it easy for you, we will only recommend betting sites that accept Indian customers here on Exchange Market. We will also write reviews about all the betting sites that accept Indian players and let you choose the best option for your needs. We invite you to read more here about the betting sites in India before you choose which site you want to sign up with.
By reading our reviews, you can find more information about what services are offered by that specific bookmaker. Do they offer bets on cricket, horse racing, IPL and so on? Is the site language available in English or in Hindi? Do they have friendly and helpful customer support? Can you deposit rupees to your betting account? Those questions and many more will be answered by reading our reviews about specific betting sites in India.
Bet on the most popular sports in India
Online Cricket Betting in India
Although cricket is not officially our national sport, it certainly is in the hearts and minds of most Indian people. Cricket is the most popular sport on the subcontinent. Nothing gets the family together like the Indian national cricket team and some homecooked dal makhani.
Watching cricket among friends or family is always cozy and super exciting. But nothing gets the excitement going like a good old-fashioned wager. That’s why we love betting on cricket here at Exchange Market. Watching your favorite game in good company and winning some money at the same time. What could be better?
Most betting sites even have an online cricket betting app, so you can watch cricket on your mobile device any time that suits you!
If you’re wondering how to get started with cricket betting then you have come to the right place. Here at Exchmarket, we provide you with all the necessary tools. We will help you set up an account on one of the many great cricket betting sites that accept Indian players.
Virat Kohli and his teammates celebrates after winning the ICC Champions Trophy final.
Horse Race Betting in India
Horse racing is another one of those sports that have always been able to unite the nation. It’s arguably the second most popular sport in India. Betting on horses has been a part of the Indian culture for a long time.
I remember when my dad and I used to go down to the Madras Turf Club here in Chennai on Sunday afternoons to watch Storm Again and Piccolina face each other over the Indian derby title. Those were good times!
Betting on horse racing is one of the most intense and breathtaking experiences in sports betting. It’s so fast-paced and unpredictable. Becoming successful at horse race betting requires a commitment of time and a good deal of analytical skills. You will need to analyze the history of every horse competing in a given race before placing your bet.
Fortunately, we are here to help you with all the details of becoming a successful horse race punter. It all starts with selecting the right betting site. You should also be sure that this betting site offers live streaming of all the races. If you can’t go to the race course, watching it live from your computer screen is just as good and offers plenty of excitement.
Football Betting in India
Although football has never reached the kind of popularity that cricket and horse racing has, it’s still one of the most popular sports in the world, so naturally, a lot of Indians enjoy watching football as well. It’s one of those sports that we enjoy watching more than actually playing. That is probably why the Indian national football team has never won any important tournaments.
Still, football is very popular in India, especially the Shillong Premier League, the Champion’s League in Europe as well as the English Premier League. Fortunately, most betting sites offer plenty of opportunities to bet on football, as it’s one of the most popular sports worldwide. It’s easy to get started on football betting, and it’s very easy to get a hang of it.
When choosing a football betting site, first make sure that they accept Indian players. Now make sure that the betting site offers live streaming as well as live betting. These features make it so much more exciting to watch a match that you have invested money in.
Satsport, one of the best betting sites for Indian sports
Up to ₹10,000
When it comes to sports that are popular in India, Satsport has one of the best and most diverse selections on the market. They offer tons of football, plenty of horse racing and of course a good amount of cricket as well. Unfortunately, Satsport does not offer kabaddi yet, but we are sure it will be added to the selection as more and more Indian players sign up at Satsport!
Receive a Welcome Bonus when you sign up
Once you’ve chosen the bookmaker that is right for you, you are ready to open your account. By using one of the bookmakers here on our site, you will be guaranteed to also receive a bonus when you sign up for your new account. Most betting sites offer some kind of welcome bonus. As an example, by signing up with Royal Panda, you can receive a welcome bonus which gives you the same amount as your deposit on top.
That means that if you deposit ₹2,000, you will receive an extra ₹2,000 in bonus, so you end up with ₹4,000 in total. If you deposit ₹10,000, you will receive an ad!tional ₹10,000, so you end up with ₹20,000 in total! With a great welcome bonus like this, you get the best possible start to your betting adventure.
By signing up with one of the betting sites here on! Satsport, we guarantee that you will receive your bonus, and we will be there to help you if you encounter any problems along the way. We invite you to click here if you want to read more about the different betting offers that you can receive from a bookmaker.
Free Bets
Many Indian betting sites also offer a type of bonus called free bets. This means you get the chance to place a wager without putting any money down. It’s a great way to make a profit without taking any risk. Many betting sites in India offer free bets as a welcome bonus.
For example,
SatExchange will give you up to ₹2,500 in free bets when you create a new account. This will allow you to place bets up to ₹2,500 without taking any risk. If you win, you get to keep the money. If you lose, then at least you didn’t lose any of your own money.
Many betting sites offer free bets on a regular basis. For example, over at Satsport, they give away free bets on a weekly basis if you take part in the Free Bet Club-promotion. Free bets every week. What’s not to like about that?
So how do free bets actually work? Well, let’s say the betting site gives you a free bet of ₹1,000. You choose to use your free bet by placing a wager on Chennai Super Kings to win outright over Mombai Indians in the IPL at odds 1.50.
As you place your bet, The bet slip will appear on your screen and you will have the option to use your own money or use your free bet. You choose your free bet. Now you place the bet and no cash is deducted from your betting account.
Now let’s say MS Dhoni was having a really terrific day with some amazing finishes and your team, Chennai Super Kings won this match outright. The winnings are ₹1,500, but because you wagered ₹1,000 at odds 1.50, you only get to keep the ₹500 because the ₹1,000 technically didn’t come from you. Makes sense right?
That’s how a free bet works. If you like the idea of free bets and you want to receive them on a regular basis, we recommend creating an account with Satsport.
Jio Exchange: A reliable source of free bets
100% Up to ₹8,000
Jio Exchange offers all existing customers to participate in the Free Bet Club which gives all players a chance to receive free bets on a regular basis. Jio Exchange serves their Indian players very well and allows deposits to be made in rupees.
How to deposit money to an online betting site in India
So now that you have set up your betting account, it’s time to deposit some money so you can start online betting and playing casino games. There are numerous ways to do this, but the safest, fastest and best option is to use an eWallet because most betting sites accept these. Follow these 3 simple steps to get money into your betting account:
- Create an eWallet account at Paytm/PHONEPE/GPAY.
- Deposit money into this account using either HDFC Bank or ICICI Bank.
- Transfer that money from your eWallet to your betting account.
There you have it. The easiest deposit option for most Indian players. However, in some cases, this may not be the best option for you. Maybe you don’t have access to use a bank account. Fortunately, there are plenty of other options as well. If you don’t have a bank account, the best option is to use a prepaid card:
- Buy an AstroPay card or a Neosurf card from an online retailer.
- Pay for your card using either cash, mobile money or local bank transfer.
- Use your new prepaid card to deposit money into your betting site of choice.
These are some of the most common ways to deposit money into a betting site.
Many bookmakers have way more options that you can use for depositing money. Some accept local bank transfers in India, most sites accept Bank Transfer cards and some even accept mobile money.
The most popular option is to use an eWallet because it is fast, secure and it allows you to be anonymous. The most common ones are Paytm and Gpay like mentioned above, but PayPal is also used by plenty of online betting sites.
Paytm and PHONEPE are often used by betting sites because it is easy to use and comes with low transaction fees. Both eWallet solutions are part of the Paysafe group, which make them very trustworthy and reliable companies. Others may prefer to use PayPal, but not all betting sites offer this solution, so be sure to check with your preferred bookmaker beforehand.
Please click here to read more about payment methods. If you have issues or questions about funding your account, do not hesitate to contact us or the bookmaker in question. We will gladly help you solve the problem of funding your new account.
Sat Exchange makes it easy for Indian players to deposit money
100% Up To ₹10,000 + Sat Exchange Points
Sat Exchange has almost a hundred different ways to deposit and withdraw money which makes it easy and convenient for players to feel secure when transferring money to and from this betting site. They are especially good for Indian players who may not have a bank account, as they also allow deposits in Account Transfer.
Is online gambling legal in India
The legal situation of gambling in India is a bit of a disputed topic but through our research and interviews with top legal experts in India, we have established that online gambling in India is not an illegal activity. Certainly, no one has ever been prosecuted or convicted for online gambling.
”If an Indian resident decides to place bets on a website hosted outside the country, it would be nearly impossible to hold him guilty of online gambling, if the laws of the country where the website is hosted, permits online gambling,” – Vikrant Pachnanda, New Delhi High Court Attorney.
Fortunately, most online gambling providers are not operating on Indian soil. In fact, most of them are headquartered licensed in jurisdictions across Europe. This provides us players with an opportunity to gamble, that we can use without fear of breaking any laws.
It has even been discussed in the media recently, that there is full legalization of gambling underway in India. Betting should be legalized according to the Law Commission, who recently published a 145-page report that recommends legalization of gambling under government regulation. It seems like the government is starting to realize that online gambling could be a very profitable business for them as well.
We have written a very in-depth article about the legal situation of gambling in India, where we post transcripts from our interview with one of the top legal experts on gambling in India. You can read the article here.
We will, of course, give you more information as this story evolves. You can always check back here on Exchmarket for the latest news about betting in India.
