Sky Exchange » Betting & Casino

sky exchange logo Are you in a dilemma to decide whether you should play on Sky Exchange or not? And want to find out if it caters to all your betting requirements?

This is what we are going to discuss in this article. In this Sky Exchange review, we are going to tell you how the platform is not only unsafe but also illegal.

Sky Exchange is a sportsbook in the underground gambling industry that doesn’t have a license or certification. So if you are planning to become its new customer, you should know you have no added protection.

Below is a comprehensive list of alternative betting sites to gamble on. Don’t stop, keep reading to find out.

Best Sky Exchange Alternative Sites – 100% Legal

1. 22Bet

22Bet is similar to Sky Exchange in many ways. But 22Bet is Legal and more fun to bet on.

Get 100% Welcome Bonus up to ₹25,000

2. Jeet Play

Jeet Play is a desi betting website with a legal gambling license. Accepts Paytm, Gpay & more.

Welcome Bonus 100% up to ₹70,000

3. Rabona

Rabona offers good deposit bonuses for Indian rupee deposits, & accepts UPI, Neft & other deposit methods.

Get First Deposit Bonus upto ₹8000

4. Casumo

Casumo is the most trusted betting portal for Cricket, Football, MMA, Olympics, etc. Bet Safely & Legally.

Get 2X Deposit Bonus up to ₹1000

5. Betway

All Sky Exchange fans will love Betway. This website offers good bonuses, all sports betting, casino games & more.

100% Matched Bonus up to ₹60,000

What is Sky Exchange?

With Sky Exchange, you might not have a good and safe casino experience. It is only recently that it has started offering sports betting to the Indian audience. It might not be the platform’s main priority but the markets it offers are quite expensive. Sky Exchange has been powered by Betfair.

If you bet through Sky Exchange, you will find options, such as hockey, football, cricket, IPL, etc. You will be surprised to know that it is one of the few betting sites that lets you bet on elections.

The platform also offers casino games. In fact, there are over 500 casino slots to choose from. However, it also features many other games as well.

However, even though the site tries to attract gamblers through these perks, the major drawback of the platform is it is illegal and doesn’t have a proper license. Many players who have invested money on this platform have been scammed. If you check the customer reviews, you will find most of the users complaining about the site.

Is Sky Exchange Illegal?

Legal information about casino

Yes, Sky Exchange is illegal. Being run by Betfair, it is not adequately licensed and certified. So, you know you are investing money on an unsafe platform.

A gambling license is the first thing you need to check when you choose to bet. This serves as a guarantee that you are going to experience a fair game.

When a betting platform is licensed, it is obligated to display that whatever transactions the customers are making are being handled well. Also, the licensing bodies make sure that the products they are offering are unbiased and fair.

The license ensures that the platform adheres to predetermined guidelines and standards. It sets the right regulations and policies to verify the player’s identity and keep the data you are sharing, well-protected.

Moreover, at Sky Exchange demo ID the transactions are not SSL encrypted. Hence, your privacy and data remain unprotected during gambling. This problem is similar to what we have faced at King Exchange and Lord Exchange.

It is one of the most unsecure platforms out there. Players don’t have anything good to say about the site.

Who is the Owner of Sky Exchange?

Ownership info was not available till 2021 for Sky Exchange. Its owners were arrested in Sep 2021. If you sign up on this platform, you are taking a big risk.

We Recommend Legal Betting Sites, Instead of Sky Exchange

Even though Sky Exchange is a legal platform, we would recommend you try out other legal betting sites. Let’s find out why.

  • Since onshore betting is not legal in India, you cannot take this betting site to be completely trustworthy. Hence, there might not be any regulatory body keeping a check on what Sky Exchange is providing to its customers.
  • Moreover, Sky Exchange is new to the Indian online gambling market. Hence, it might not provide you with as many choices as the other legal betting sites available in India.
  • One of the primary attractions of signing up into a new betting platform is the Welcome Bonus the sites offer. Hence, the bonus is one of the main things you need to consider. Being completely new to the betting industry, it might not offer as many bonuses as the other sites have to offer.

Hence, it is better to go for legal betting sites that have been operating in the industry for quite a long time, now.

Sky Exchange vs Other Betting Sites

sky exchange alternatives

If you are keen on knowing the difference between Sky Exchange and other betting sites, take a look at the pointers given below.

1. Valid Gambling License

When you are choosing an online casino, the first thing you need to check is the license. Sky Exchange doesn’t come with a valid gambling license.

A valid gambling license shows that the gambling site is adhering to certain guidelines, standards, and requirements for online casinos. Since the online casino is licensed, you can expect fair gameplay. Also, you know that the outcome of the betting games is random. Thus, the casino has to adhere to specific regulations and policies for verifying the players and make sure their details are protected and safe.

Sky Exchange is an illegal betting site. It has scammed many gamblers. So, it is not a wise option to choose this site if you have to bet online.

You will come across many legit betting sites over the internet. We have listed them above. Choose one from the list to have a safe gambling experience. All the casinos we have listed not only have a valid gambling license but also make sure that the details you are sharing with the site are well-protected.

2. Valid Payment Methods

To place a Sky Exchange Bet, you have to deposit money into the betting site. And when you win any money on this platform, you will have to withdraw it. For both, you need to ensure there are ample legit banking methods. The banking methods available should allow you to make safe transactions.

At Sky Exchange, you will get access to only a few banking methods. So, you might not find your preferred payment method to make the transactions. Moreover, since the banking methods are unknown, you can’t be sure if you can make safe transactions. You have to be very careful with the banking details you are sharing with the site.

Nevertheless, this is not the case with the sites we have listed. All of them come with ample payment methods. So, you can easily choose what is favorable for you. Moreover, the sites make sure that the payment methods adhere to the site guidelines of keeping the customer details secure.

3. Privacy of Your Info

Sky Exchange doesn’t use any encryption system, such as SSL encryption to protect the privacy of its customers. So, anyone will be able to hack into the platform and gain access to the details. Hence, you are at the risk of being scammed and losing money.

But if you choose the above-given betting sites, you will know that your details are secure. The sites are protected using an SSL encryption system. Hence, no hackers will be able to gain access to the details you are sharing. Moreover, the sites use additional firewall protection to protect customer details.

4. No Threat of Legal Troubles

If you choose a legit betting site we have listed above, you will know that you are not going to get into any unnecessary legal issues. The sites are licensed by legit authorities. So, all their activities are overseen by the licensing bodies.

If you register into Sky Exchange, you might have to run into some legal issues. This is because the site is not licensed. Hence, it is operating illegally in India and across the world. If you play on this platform, you might be penalized for gambling. You should even avoid registering into the Sky Exchange demo.

Betting Sites with Similar Interface to Sky Exchange

In case you are looking for an alternative to Sky Exchange that has an interface like this one, we are going to list them below. So, without further ado, let’s get on with it.

1.  22Bet

22Bet is a global gambling site that attracts players from all around the world. On this site, you will find your favorite sports betting options and casino games. However, it primarily focuses on sports betting. You are sure to be impressed with what the site has to offer.

22Bet makes sure that you do not have any trouble making transactions on the site. This is the reason it lets you choose from a wide range of deposit methods, including UPI, NetBanking, Neteller, Skrill, and cryptocurrency. The good thing about the platform is it accepts different currencies. Thus, players can choose their preferred currency to place their bet on.

Registering into the platform will take only a few minutes. So, if you are willing to try it out, you can get on with it right away.

2. Betway

If you are a frequent gambler, you might have already heard about Betway. On this platform, you will find many cricket betting options. But what makes it even more impressive is the live betting platform. There are so many positive aspects of this platform that we don’t know where to start.

Betway is one of the safest betting sites to use. It has got its license from the Malta Gambling Authority and UK Gambling Commission. The site takes the security and safety of the players very seriously. Hence, it does everything it can to protect the players and their data.

What’s great about this platform is it has a dedicated app. You can download it on your device to bet or play casino games on the go.

3. 10Cric

If you are looking for a site that strongly focuses on the Indian betting market, 10Cric might be it. It is a user-friendly platform.  There are only a few betting sites that value Indian gamblers as much as 10Cric. However, as the name suggests, it is a platform that is primarily dedicated to the cricket betting market. So, if you love cricket and want to bet on it, 10Cric is a great place to start.

The site gets its license from Curacao eGaming. Also, the pages use an SSL encryption system to keep them safe and secure. So, you can have a smooth gambling experience on the site.

Final Words

So, now you know, Sky Exchange is not a reliable and safe platform to bet on your favorite sport. You will come across many legit betting sites. We know choosing the right platform can be a little overwhelming. Thus, we have done the legwork for you and come up with a list of the top 10 legal betting sites. Choose one today to start your gambling journey.