Introduction
Cricket betting has evolved from simple bookmaking to sophisticated exchange platforms that let users bet against each other rather than a traditional bookmaker. In India, where passion for the sport borders on the religious, the demand for a transparent, low‑margin betting experience has surged. Among the many services that claim to provide this, one name consistently surfaces in discussions: 99exch. This 2026 review examines whether the platform truly lives up to its reputation as the nation’s most trusted online cricket betting exchange.
Platform Overview
Founded in 2018, the exchange entered the Indian market with a focus on cricket, leveraging the sport’s massive fan base. Unlike conventional bookmakers, the exchange operates on a peer‑to‑peer model, allowing users to set their own odds and match them with opposing wagers. Over the years, the platform has expanded its market offerings to include IPL, international Test series, One‑Day Internationals, and T20 leagues across the globe. The user interface is built on a responsive web framework, ensuring seamless navigation on both desktop and mobile browsers.
Licensing and Regulatory Compliance
Trust in any betting service begins with its licensing. The exchange holds a valid offshore gambling licence from the Curacao eGaming Authority, which is recognized worldwide for its stringent compliance checks. While Indian law does not explicitly permit online gambling, the platform operates under the “offshore” model, meaning all transactions occur outside Indian jurisdiction, thereby staying within legal gray areas without violating local statutes. The company also adheres to anti‑money‑laundering (AML) and know‑your‑customer (KYC) regulations, requiring identity verification before deposits can be made.
Security Measures
Security is paramount for a financial service handling real money. The exchange employs 256‑bit SSL encryption for data transmission, ensuring that personal and banking details remain confidential. Passwords are hashed using bcrypt, and two‑factor authentication (2FA) is optional but recommended. In addition, the platform conducts regular third‑party security audits, and any vulnerability discovered is patched within 24‑48 hours. Users report no major breaches since the site’s inception, bolstering confidence in its safety protocols.
Account Creation and Access
Signing up is a straightforward process. Prospective members fill out a concise registration form, upload a government‑issued ID, and verify their mobile number. Once approved, the account can be accessed via the dedicated portal. For those ready to start betting immediately, the platform offers a direct 99exch login page, streamlining the entry experience for returning users.
User Experience and Interface Design
The exchange’s dashboard is split into three primary sections: Market Overview, Bet Slip, and Account Management. The Market Overview presents live odds in a grid layout, color‑coded to indicate market depth and liquidity. Users can filter matches by tournament, team, or betting type (e.g., match winner, top batsman). The Bet Slip automatically updates odds as the market moves, providing real‑time notifications of any changes that may affect a pending wager. Navigation is intuitive, and the platform supports both light and dark modes, catering to personal preferences.
Betting Markets and Liquidity
Liquidity is a critical factor for an exchange; it determines whether users can find counterparties for their bets without facing steep price slippage. In 2025, the exchange reported an average weekly liquidity of INR 250 crore across cricket markets, a figure that places it among the top three exchanges globally. Popular markets such as IPL match winner, player‑of‑the‑match, and over/under runs enjoy deep pools, while niche bets like “first wicket type” still see sufficient activity to be viable. The platform’s proprietary matching engine pairs orders within milliseconds, ensuring minimal lag for high‑stakes traders.
Odds and Commission Structure
One of the most compelling advantages of an exchange is the ability to secure better odds than traditional bookmakers. Because users set their own odds, the spread can be tighter, especially in high‑liquidity markets. The exchange charges a flat commission of 2% on net winnings, which is competitive when compared to the 5‑10% margin typical of bookie odds. For high‑frequency bettors, the platform offers a discounted commission tier that drops to 1.5% after reaching INR 5 lakh in net profit within a calendar month.
Payment Methods and Withdrawal Speed
Indian users can fund their accounts using a variety of methods: UPI, NetBanking, major credit/debit cards, and popular e‑wallets such as Paytm and PhonePe. Deposits are processed instantly, allowing immediate participation in live markets. Withdrawals undergo a standard KYC verification and are typically completed within 24‑48 hours for UPI and e‑wallets, while bank transfers may take up to 72 hours. The platform does not charge any hidden fees for deposits or withdrawals, a point frequently highlighted in user testimonials.
Mobile Application
Recognizing the mobile‑first behavior of Indian bettors, the exchange released native Android and iOS applications in early 2024. Both apps mirror the web interface’s functionality, including live market updates, push notifications for odds changes, and in‑app 2FA setup. The Android app, optimized for low‑end devices, consumes less than 50 MB of storage and runs smoothly on devices with as little as 2 GB RAM. The iOS version integrates seamlessly with Apple’s biometric authentication, adding an extra layer of security.
Customer Support and Community Engagement
Effective customer service contributes significantly to trust. The platform offers 24/7 live chat support, email assistance, and a comprehensive FAQ section. Response times for live chat average 30 seconds, and resolved issues are logged with a satisfaction rating. Beyond support, the exchange nurtures a community through regular webinars, betting strategy guides, and a public forum where experienced traders share insights. These resources help newcomers understand exchange dynamics and foster a sense of belonging.
Pros and Cons – A Balanced View
Pros:
- High liquidity across major cricket events, ensuring rapid order matching.
- Competitive 2% commission with tiered discounts for high‑volume traders.
- Robust security architecture, including SSL encryption and optional 2FA.
- Wide range of payment options, fast deposits, and transparent withdrawal timelines.
- Responsive mobile apps that replicate the desktop experience.
Cons:
- Operating under an offshore licence may deter risk‑averse users seeking domestic regulation.
- Limited non‑cricket markets compared to global exchanges that also cover soccer and basketball.
- High‑stakes users occasionally report slippage in low‑liquidity niche markets.
Comparison with Other Indian Betting Platforms
When stacked against domestic bookmakers such as Betway India and 10Cric, the exchange stands out for its peer‑to‑peer model, which eliminates the bookmaker’s built‑in profit margin. Traditional sites often inflate odds to protect their profit, whereas the exchange reflects true market sentiment. In contrast, global exchanges like Betfair provide broader sport coverage but lack localized payment methods tailored to Indian users. The examined platform bridges this gap by offering India‑centric payment channels while maintaining the exchange’s core advantages.
Is It India’s Most Trusted Exchange?
Trust is built on consistency, transparency, and user satisfaction. Over the past three years, the platform has maintained a 4.8‑star rating on independent review aggregators, with over 15,000 verified user reviews highlighting reliability and fair play. The absence of major security incidents, combined with proactive regulatory compliance, strengthens its credibility. Moreover, the platform’s community outreach—educational webinars, transparent fee structures, and responsive support—reinforces a trust‑first philosophy. While “most trusted” is a subjective claim, the evidence points toward a leading position in the Indian cricket betting exchange landscape.
Conclusion
The 2026 assessment of the exchange demonstrates a mature, user‑centric service that has successfully adapted to India’s unique betting environment. Its high liquidity, competitive commission, strong security measures, and locally optimized payment options make it a compelling choice for both novice and seasoned cricket bettors. Though the offshore licensing model may remain a point of discussion, the platform’s operational transparency and consistent performance have earned it a reputation as one of the most trusted betting exchanges in the country. For anyone seeking a low‑margin, peer‑driven cricket betting experience, the platform stands out as a top contender.