Betin Exchange was one of the first few apps to come to India when Indians first got the fever for online cricket betting. It is an online betting app that supports casino as well as sports betting, including games such as cricket.
The splendid graphics and amazing interface of the game makes the players feel like they are betting in a real casino or batting ground. This is why the app has seen a surge in the number of users since its inception in 2011.
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| Withdrawals | Unreliable |
|---|---|
| Indian Punters | Allowed |
| Currencies | INR, USD |
| Free Bets | Yes |
| Alternative SIte | BetShah |
| Customer Support | 24*7 Support |
However, graphics are not everything you should look at while choosing an online betting platform for your betting experience. Today, we have come up with some great alternatives to not-so-great Betin Exchange Sports, which can help you make a better choice.
Whether you are an experienced player or have entered the field of betting quite recently, you might have heard the name Betin Exchange bet. It is one of the most popular betting websites in India today and also amongst the earliest ones.
It boasts exclusive features such as a wide range of games, including casino and sports betting, a mobile app, a range of payment options and 24×7 customer support. Many people register on the betting site and start investing their money either through the website or the application. The website operated in different parts of the world and came to India only in 2011. So is it relevant in 2023? Does it have all the features one needs to find in an online cricket betting app? Let us find out.
To start betting with Betin Exchange, you need to register on the platform by filling in all the details. You need to create an account on it and complete KYC verification in order to begin. The steps to do so are mentioned below-
Just like any other app, there are multiple pros and cons of Betin Exchange Sports. These will help you decide whether it is a good betting option for you or not.
The owner of Betin Exchange Sports is Sky Infotech Limited, which is a company registered with Curacao authorities. It has a Curacao Gaming License, which it uses to run operations in many parts of the world. However, it has attained no licence, signifying its legality in India.
Betin Exchange bet promotes payments via multiple payment methods. However, they are not very India-Friendly, and this often disappoints the users. The app supports deposits and withdrawals through Master Card, Visa Card, Skrill and Bank Transfer.
However, there is no facility for India-friendly payment modes such as BHIM, Airtel Pay, Amazon Pay or other sources of UPI. Also, the withdrawal and deposit policy of the app is quite questionable. While the deposits take no time and are instantly reflected in your account, the withdrawals may take from 24 hours to 72 hours to come into your bank account.
The website is owned by Sky Infotech Limited, which is a company also related to many other companies like Sky Exchange, Sky Live Casino, JeetWin, BetBarter and Sky247. It is located in Curacao, with its address being 17 Kaya Strauss, Willemstad, Curacao. The licence number of the platform is 152377. However, all these details do not matter to the Indian Authorities.
The owner and the company details are sketchy and make it hard for us to believe that it is a well-established and trustable app/website.
Most users are unable to find betting here very reliable. The app has developmental errors and bugs, and users’ money often gets stuck in the app. This raises questions about the authority and legality of the app. Also, the app offers no adequate information about its owners and regulatory authority, which raises and big question mark in the hearts of the users.
Winnings on Betin Exchange Sports are highly taxed. While the government imposes its own share of taxes, the app has separate taxes which the users have to submit before withdrawing their winnings. If the prize money is more than Rs. 10,000, you also have to give a TDS of around 30%. And this is just the flat rate; there are other kinds of gambling taxes, too, which the app applies on winnings, which reduces the winning amount to a very meagre amount.
Even after depositing such vast amounts and winning so much, the users are unable to get most of their winnings. Depending upon the game you are playing and the amount you are winning, the tax amount may also increase or decrease.
To support the users and their income, the platforms don’t even provide good bonuses or high betting odds. Low betting odds mean your chances of winning are quite low. And when you win, you have to pay most of the winnings to the app itself. This is the reason why most players decide to opt out of Betin Exchange bet.
Searching different betting websites, reading about all their features and making comparisons is one way to find a better legal alternative to Betin Exchange bet and other betting websites. However, there is also an easy way to do so, which involves going to one site which has all the information you need.
Yes, we are talking about casinofox.in. If you are a regular gambler and love to do online betting, you must check out all the latest articles, comparisons and alternatives offered on this website. Here, we make thorough research about all the betting and websites with UPI to identify whether they are good for you or not.
We will tell you the features and advantages, and disadvantages of the site, and you can decide on the rest. So visit casinofox.com today to check out the best alternatives without having to do any extensive research.
Choosing an online betting site carefully is more important than you think it is. After all, you will invest your money in it, and thus, it should be trustworthy. Some reasons why you must switch to alternative sites instead of Betin Exchange are mentioned below-
As mentioned earlier, Betin Exchange is not a very reliable app as there is very little information about its ownership. There are many amazing alternatives in India that have acquired the necessary licenses and are registered with Indian authorities. It is surely more beneficial to play with these reliable apps instead of the unreliable Betin Exchange.
Payment options, payment troubles and taxation are other causes which make the alternatives better than Betin Exchange. You can pay via your favourite options, receive instant payments and do not have to pay heavy taxes when you play with the alternative sites, instead of Betin Exchange which comes with all these cons.
Good betting apps are known to offer lucrative bonuses to the players, which include a heavy “Welcome Bonus”, “First Deposit Bonus”, “Winning Bonus”, “Losing Bonus,” “Weekly Bonus”, etc. Such amazing bonus options are not available in Betin Exchange, which makes it a not-so-lucrative option for online betting.
As we discussed earlier, Betin Exchange download is not possible on PC and iOS, as does not yet have an application for iOS devices or even for a desktop. You need to play it through the website, which is also a bit clumsy and keeps hanging again and again. There are also bugs and fixes required in the app, which eliminate it smoothness, causing trouble for the players.
In the end, when the customer faces any problem, it is the door of customer support that they knock on to get help. Here, a reason for disappointment is that the customer support does not know the language of Hindi and thus is unable to solve the problems of multiple Indian players.
The support is slow and inefficient and is based in some other country. You cannot reach customer support easily, and even if you do, there are little chances you will get the resolution you expect. When the players do not get an apt response from the support team, this makes them unhappy and upset.
After doing a considerable amount of research on the app, the experts suggest that it is not as efficient as various other alternatives operating in the Indian scenario. These alternatives have robust authority to operate legally in India, and you can reach their support team anytime.
Also, the authorities can catch this website easily if they conduct some kind of fraud or theft, which is not possible in the case of download of Betin Exchange (as its authorities are located in Curacao). So the choice is yours- whether you want to take risks with your money or choose safe gambling and responsible gaming.
Online safety is of huge prominence today, whether you are doing online shopping or internet surfing. Similarly, in the case of online betting, it is important you check out all the security and safety protocols of the platform without you begin to play on it.
You are investing huge sums of money in the app. You surely do not want your account to be hacked by the hacker and your money retrieved by a scammer. Thus, you must read the terms and conditions of the website carefully and check out the security measures it is using to ensure your money and your gaming data are safe.
Some fake apps also take in deposits and fail to give withdrawals when you claim your winnings. You should stay safe from such fraudulent apps and make sure you only bet through a legal and safe app. Check out the alternatives of Betin Exchange to find some of the safest apps for online cricket betting in India.
Can you trust an app without knowing about its owner and regulating authority? Gambling is already considered a shady thing, and making it legal takes a lot of time and effort on the part of the companies. However, some companies avoid this trouble by launching their apps in the market without adequate following of the regulations of the state.
Therefore, it is your duty to carefully consider the app/website you are going to use for your cricket betting experiences. If you are open to trying some better options with more exclusive features and graphics, intuitive graphics and interface and much higher levels of reliability, have a look at the alternatives provided by us. We will make sure that we offer only the most trustworthy sites to bestow you with a smooth and safe gaming experience.
