Cricnerds betting team
18+ only. This guide is for cricket fans living abroad. It is not intended for residents of India or Bangladesh, where online betting is prohibited. Check that online betting is legal in your country of residence and that the operator accepts customers from there before signing up.
A betting exchange lets you bet against other punters instead of against a bookmaker. You can back an outcome, as with a classic sportsbook, but also lay it, which means betting that it will not happen. Because the platform only takes a commission on winnings, prices are often better than at a regular bookmaker.
We compared the exchanges available to cricket fans living abroad on their market coverage, their interface and their extra features. Here is our selection.
Contents
The best betting exchange sites for cricket in 2026
Best exchange overall
BetWinner
1. BetWinner
★★★★☆4.5/5
Sportsbook and betting exchange in one account
- Exchange markets on around 10 sports
- Interface with a gentle learning curve
- Multiple deposit options
For: players outside India & Bangladesh
18+ · T&Cs apply · Check the operator’s terms and the law in your country of residence.
Most betting choices
1xBet
2. 1xBet
★★★★☆4.5/5
First-deposit welcome bonus (promo code CASHMAX)
- One of the largest exchange offers
- Very wide choice of markets
- Sportsbook, exchange and casino in one place
For: players outside India & Bangladesh
18+ · T&Cs apply · Check the operator’s terms and the law in your country of residence.
Which betting exchange should you choose in October 2026?
Both exchanges in our ranking work in a similar way. This table shows which one fits your needs best.
| What you need | Betting exchange |
|---|---|
| Easiest exchange to learn | BetWinner |
| Widest choice of markets | 1xBet |
| Sportsbook and exchange in one account | BetWinner |
| Casino alongside the exchange | 1xBet |
How does a betting exchange work?
On an exchange, punters trade bets with each other. The site does not set the odds: it matches people who want to back an outcome with people who want to lay it, and earns money by charging a commission on winning bets.
This model gives you more flexibility and often better odds, because you are not betting against a bookmaker who adds a margin to every market and relies on large amounts of data to price it.
Back and lay
- Back: you bet that an outcome will happen, as with a regular bookmaker.
- Lay: you bet that an outcome will not happen, taking the role of the bookmaker.
Laying lets you bet against a team without having to pick the other result. It is useful when you are confident a side will not win but less sure about the alternative.
Our reviews of each betting exchange
1. BetWinner Exchange
BetWinner launched in 2018 and has built a strong reputation thanks to both its sportsbook and its exchange. Depending on your preferences, you can switch between the two from the same account.
The exchange covers around 10 sports. That is fewer than the sportsbook, but it includes cricket and football, where the better exchange odds make the biggest difference.
Strengths
- Many betting options
- Interface that is easy to learn
- Multiple deposit options
Weaknesses
- Site loading times could be faster
Best exchange overall
BetWinner
1. BetWinner
★★★★☆4.5/5
Sportsbook and betting exchange in one account
- Exchange markets on around 10 sports
- Interface with a gentle learning curve
- Multiple deposit options
For: players outside India & Bangladesh
18+ · T&Cs apply · Check the operator’s terms and the law in your country of residence.
2. 1xBet Exchange
1xBet runs one of the largest betting exchanges available. It works in a very similar way to BetWinner, but most punters will appreciate the wider choice of markets.
The platform also brings a sportsbook and a casino together under one account, which makes it a good all-round option.
Strengths
- Very popular platform
- Gaming and betting options under one account
Weaknesses
- Exchange is slightly slower than the sportsbook
Most betting choices
1xBet
2. 1xBet
★★★★☆4.5/5
First-deposit welcome bonus (promo code CASHMAX)
- One of the largest exchange offers
- Very wide choice of markets
- Sportsbook, exchange and casino in one place
For: players outside India & Bangladesh
18+ · T&Cs apply · Check the operator’s terms and the law in your country of residence.
Also worth knowing: Fun88
Fun88 offers competitive prices and a decent set of betting features on cricket, tennis and football. Its coverage is focused on the most popular events, and its interface is less polished than that of the two exchanges above, which is why it does not appear in our ranking.
Betting exchange vs regular sportsbook
| Betting exchange | Regular sportsbook | |
|---|---|---|
| Who sets the odds | Other punters | The bookmaker |
| How the site earns money | Commission on winnings | Margin built into the odds |
| Lay bets | Yes | No |
| Accumulators | Limited | Wide choice |
| Bonuses | Fewer offers | More offers |
Flexibility
Exchanges offer a lot of flexibility, but accumulators are limited because you are not betting at fixed odds.
Commission
A bookmaker margin looks small on a single bet, but it adds up over time. The commission model of exchanges can save a lot for punters with high turnover.
Odds
If you are unhappy with the prices offered by bookmakers, an exchange is the natural alternative: prices are set by supply and demand between punters.
Betting opportunities
The lay option lets you go against the market and manage your risk, something a regular sportsbook does not allow.
Advantages and disadvantages of betting exchanges
Strengths
- Lay bets: you can bet against an outcome
- Better odds thanks to the free-market principle
- Commission instead of a built-in margin
Weaknesses
- Fewer bonuses than at regular bookmakers
- Some bets on niche markets may not be matched
- Fewer accumulator options
Tips for betting on an exchange
Start with liquid markets
Big matches attract the most punters, so your bets are matched quickly and at fair prices. Niche markets may leave your bet unmatched.
Factor in the commission
Compare exchange odds after commission with bookmaker odds to see which one really pays more.
Check the law where you live
Online betting rules differ from one country to another. Make sure betting is legal where you reside before opening an account.
Set a budget
Decide in advance how much you are ready to spend and stick to it.
Our verdict
BetWinner is our favourite exchange for cricket fans abroad thanks to its easy interface and its combined sportsbook and exchange. 1xBet is an excellent alternative if you want the widest choice of markets.
Best exchange overall
BetWinner
1. BetWinner
★★★★☆4.5/5
Sportsbook and betting exchange in one account
- Exchange markets on around 10 sports
- Interface with a gentle learning curve
- Multiple deposit options
For: players outside India & Bangladesh
18+ · T&Cs apply · Check the operator’s terms and the law in your country of residence.
Frequently asked questions
What is the difference between backing and laying?
Backing means betting that an outcome will happen. Laying means betting that it will not happen, taking the role of the bookmaker for that bet.
How do betting exchanges make money?
They charge a commission on winning bets instead of building a margin into the odds.
Are exchange odds better than bookmaker odds?
Often, yes, because prices are set by punters rather than by a bookmaker adding a margin. Remember to factor in the commission.
Can my bet remain unmatched?
Yes. On niche markets with few punters, nobody may take the other side of your bet. This rarely happens on big matches.
Can I use these exchanges from India?
No. This guide is for cricket fans living abroad. Online betting is prohibited in India and Bangladesh.
Betting involves risk. 18+ only. Play responsibly.
Cricnerds may receive a commission when you sign up with an operator through our links. This does not affect our ratings. This page is not intended for residents of India or Bangladesh.
