Exchange
Sports
Casino
Instant Games
Card Games
About Us
India’s
Best Betting Exchange Platform on Fun88
Place, Lay & Slay Bets at Fun88
Fun88 is a trusted Betting Exchange Website in India. It’s an easy-to-browse betting platform and offers several exchange betting features to its users. On Fun88, players can place as well as lay their bets on sports, casinos, and other sporting events online.
Join Fun88 today for an unforgettable exchange betting experience!
Exchange your Bets at Fun88 Now
Fun88 fulfills all your exchange betting needs. On this betting platform, both new and experienced bettors can bet and win. Access multiple betting markets for exchange betting in one place. Bet on niche games, casino games, e-sports card games, etc. with the best value for your bets. On Fun88, players set their odds to accept bets from other players.
Note: All betting exchanges at Fun88 are done in a safe and secure betting environment. We use advanced encryption algorithms to secure online betting processes from any malicious attacks.
How Does Betting Exchange play out at Fun88?
Fun88 is an online Betting Exchange platform where people bet against each other, by placing or laying bets. A player wanting to place a bet can do so by placing it against a person on the opposite side laying the same bet. Here, the Bet Placer sets the odds, by choosing the odds he wants to place the bet. If another bettor accepts your placed odds, then your bet will be matched and tried.
For instance, let’s say you have placed a bet on Team XYZ which wins a sum of ₹1000 at odds of 2.0. There is another person who lays that bet. When Team XYZ wins, you will get a sum of ₹2000 (₹1000 stake plus ₹1000 profit). In case your Team loses, the layer will keep your ₹1000 stake. Fun88 here exchange charges a small commission from its players winning bets.
Key Terms Used in Exchange Betting:
Pacing or Backing a Bet:
When a bettor places a bet certain result will occur. For example, a player bets that a particular team will win.
Laying a Bet:
When a bettor bets that a certain result will not occur. For example, he bets that a particular team will not win.
Betting Against Others:
In such an arrangement, a bettor doesn’t place a bet with a bookmaker. Instead, the bettor bets with other people in the betting exchange. If you’re backing a bet on a particular team’s win, another person will lay that bet that the team won’t win.
Bettor Odds:
Exchange betting provides Bettor odds than a traditional bookmaker.
Setting Your Odds:
In Exchange Betting, a bettor chooses odds while placing a bet. If another user accepts the same bet, it’s called setting your odds.
Market Commission:
For earnings, a Betting Exchange platform charges a small commission from bet winners, termed as Market Commission.
Bet in Fun88 Sports Betting Exchange
Tennis Betting Exchange
Fun88 is a dynamic platform for the Tennis Betting Exchange with better odds and more flexibility in betting strategies. The platform offers a highly secure and user-friendly interface for real-time Tennis betting experience.
Cricket Betting Exchange
On Fun88, you can use your cricket knowledge to earn cash rewards. Join the Fun88 Cricket Betting Exchange today.
Soccer Betting Exchange
Find a wide range of football matches to bet on. Turn your football passion into real money with multiple betting options.
How does a Fun88 differ from a Bookmaker?
The Fun88 is an Exchange Betting platform where players can buy (back) and sell (lay) odds on particular results, which is different from the workings of a Bookmaker.
Let us the key differences between a Betting Platform Fun88 and a Bookmaker:
Bet both sides of the Market
With a betting exchange, a user can both ‘back’ and ‘lay’ an outcome. While at a bookmaker you can only back.
Best Odds
When you bet with a bookmaker, they offer you a bet that already includes their margin. The margin can be as high as 20%. However, in a betting exchange, players receive more competitive odds. Since the exchange betting markets are driven by supply and demand, it results in better odds.
Guarantee a Profit
At a Betting Exchange platform, you can back, lay, and place a bet on your opponent’s outcome. If you win, you will reap more profits and rewards.
No Account Limits
Restriction on bets is a very common phenomenon with bookmakers. However, betting exchanges don’t impose betting limits on an exchange. Your betting amount is determined by the liquidity.
Control & Flexibility
Fun88 offers bettors the freedom to back or lay bets. It helps them to have better control of their betting strategies.
Transparency
Exchange betting at Fun88 shows real-time odds movements so that you can see the supply and demand dynamics.
Enhanced Interaction
On the Fun88 exchange betting platform, you can interact, trade bets, and create a sense of social engagement.
FAQs
Select a market on the website and choose a preferred odd. You can also choose your own odd. Now enter the stake amount and confirm the bet.
Yes, the Government of India recognizes the betting exchanges. You should however check the local guidelines in your state before start betting.
Yes, a Betting Exchange platform is where a bettor bets against other players, whereas a traditional Bookmaker sets the odds for every customer and accepts bets from them.
Fun88’s website is fully responsive. It’s optimized for a seamless online betting experience across devices.
Majority of online betters use Fun88 for cricket betting to get a dedicated experience, where bettors bet their money in a range of markets for competitive odds. You will also have real-time betting options at Fun88.
On the Fun88 platform, you can back or lay a bet. When you back a bet, you bet for a certain result. When you place a bet, you are accepting bets from other users who have different viewpoints from yours.
