As online betting continues to grow in popularity, betting exchanges have become a preferred choice for many Indian punters.

Unlike traditional bookmakers, betting exchanges allow users to bet against each other, often leading to better odds and more flexibility. Here’s a review of the top 5 betting exchange platforms accessible to Indian users in 2025, with 12BET.com leading the way.

1. 12BET.com – Best Overall Betting Exchange for Indian Punters

12BET.com has established itself as a reliable and feature-rich betting exchange platform for Indian users. Here’s why it tops our list:

• Competitive Odds: 12BET.com offers some of the most attractive odds across various sports, including cricket, football, and tennis.
• Wide Range of Sports: From international cricket tournaments to major football leagues, 12BET.com covers an extensive variety of events.
• User-Friendly Interface: Its simple and intuitive design makes it easy for beginners to navigate and place bets.
• Secure Transactions: The platform supports trusted payment options like UPI, NetBanking, and e-wallets, ensuring safe and hassle-free transactions.
• Live Betting: 12BET.com provides robust live betting features, allowing users to adapt their bets in real-time during matches.

With its localized approach and exceptional features, 12BET.com is a standout choice for Indian punters seeking a premium betting exchange experience.

2. Betfair – Best for International Markets

Betfair is one of the largest and most well-established betting exchanges globally.

• Market Leader: Known for its high liquidity, ensuring users can place and match large bets.
• Global Coverage: Offers a wide variety of sports markets, including niche options.
• Advanced Features: Includes tools like odds trading and cash-out options for experienced bettors.

While Betfair provides unmatched global coverage, its payment options are less localized compared to platforms like 12BET.com.

3. Betway Exchange – Best for Beginners

Betway Exchange combines a user-friendly interface with a solid range of betting markets.

• Cricket Focus: Strong emphasis on cricket betting, catering to the interests of Indian punters.
• In-Play Betting: Excellent live betting features with real-time updates.
• Local Payment Options: Supports UPI, Paytm, and bank transfers, making deposits and withdrawals seamless.

Betway Exchange is a great choice for those new to betting exchanges but seeking a reliable and localized experience.

4. Matchbook – Best for Competitive Commission Rates

Matchbook offers low commission rates, making it an attractive option for value-seeking bettors.

• Specialized Betting Exchange: Focuses on high-profile sports like football, cricket, and basketball.
• Low Fees: Competitive commission rates on winning bets, maximizing user profits.
• Advanced Features: Includes tools for professional traders, such as odds tracking and detailed analytics.

While Matchbook excels in pricing, it may not be as beginner-friendly as 12BET.com or Betway Exchange.

5. Smarkets – Best for Simplicity

Smarkets is known for its minimalist design and straightforward functionality.

• Simple Interface: Ideal for casual bettors who prefer a clean and uncluttered experience.
• Diverse Markets: Covers popular sports like cricket, football, and horse racing.
• Transparent Fees: Offers a flat commission rate of 2%, ensuring transparency.

Smarkets is an excellent option for those who value simplicity, but it lacks some of the advanced features found on platforms like 12BET.com or Betfair.

Why 12BET.com is the Best Choice

Among these platforms, 12BET.com stands out for its focus on Indian punters, offering localized payment methods, excellent odds, and a user-centric experience. Whether you’re a beginner or an experienced bettor, 12BET.com delivers everything you need for a seamless and rewarding betting exchange experience.

Tips for Betting Responsibly

While betting exchanges provide exciting opportunities, responsible betting is crucial:

• Set Limits: Define a budget and stick to it to avoid financial stress.
• Research Thoroughly: Use data and statistics to inform your bets.
• Take Breaks: Avoid continuous betting and ensure it remains a fun activity.

With these platforms, particularly 12BET.com, Indian punters can enjoy a safe and engaging betting experience in 2025.