If you love cricket and want to earn some money using that love, you should try your hand at online cricket betting using Skyexchange. Don’t worry, while online cricket betting might seem dangerous on the surface, with the right guidance (ours), you’ll start betting successfully on cricket matches with ease. Remember, you’ll win because of your carefully analysed and researched bets. Blind guess work might give you a few lucky wins here and there but such luck is bound to run out and you will eventually suffer heavy losses. We will guide you through the entire process of choosing the right online betting site (like Skyexchange), creating a betting account, an ewallet, and how to place your first cricket bet. Once you follow our directions and start using them for placing your bets, you will soon realise how easy it is going to be for you. Remember that you should always bet in moderation and not place reckless bets just because you win a few times. Let’s get you started on the path of making some money through online cricket betting.

Betting Using Skyexchange: Things to Know in 2021

Choose the right site

While the internet is filled with numerous betting websites for cricket, we recommend the following:

  • Betway
  • 10CRIC
  • Skyexchange 
  • Spin Palace
  • Dafabet
  • Diamondexch
  • Bet365
  • 1xBet

All of these are excellent options, however, if you aren’t able to choose, try your hand at Skyexchange. You will like it in all probability. You will always have the option of trying some other website later as well.

Choose the preferred deposit option

Once you have chosen the site, you will need to deposit some money in your betting account as you won’t be able to start betting without it. If you are placing your bets from India, your options are a little limited. Online betting sites like Skyexchange don’t let you bet on credit, so you will need to deposit some money.

There are many different deposit options for betting sites, and here are a couple of the most popular ones:

  • Debit cards
  • Credit cards
  • Prepaid cards
  • Ewallets

While debit/credit cards are the simplest and most direct, they might not work at times. Do try them out though, the worst that could happen is that they are declined. You can also set up e wallets or prepaid cards. While these are a little more complicated to set up, once they get going, things go on like a breeze.

How do betting odds work?

Whenever you try to place bets on a cricket betting site like Skyexchange, you will be given some odds. Odds signify how much you stand to win if the bet you place wins.

For instance, if you place a $10 bet on Royal Challengers Bangalore to beat Sunrisers Hyderabad, at 1.72 odds, you will get back $17.20 if they win, where $10 was the original bet and $7.20 are your winnings.

If you bet $10 on Sunrisers Hyderabad with 2.10 odds to win, and they win, you will get back $21, where $10 is your original bet and $11 are your winnings.

In case you bet on the wrong team, you will just lose the amount you had bet (in this case $10). The odds don’t have any bearing on how much money you’d lose in case the team you selected didn’t win.

How to place bets using Skyexchange?

  • First things first, you’ll need to login to your Skyexchange account.
  • Click on the menu icon in the top left corner of your screen, and scroll down until you find ‘Cricket’.
  • Now you’ll see several cricket matches. Choose the one you want to bet on.
  • When you’ve found the match you want to be on, click on the bet you want to make.
  • When you’ve picked the bet you want to make, choose your stake and click on ‘Place Bet’.
  • Congratulations! You’ve successfully placed your first bet with Skyexchange.

What are the risks of online cricket betting?

Whenever you login to your Skyexchange account and place bets using an online betting platform like Skyexchange, there are always some inherent risks associated with it. The most obvious risk is the risk of losing your hard earned money. When you place your bet on a certain team and that team loses, you will lose all the money that you bet on that team. Depending on how much money you bet on that team, you stand to lose a significant amount of money. That is obviously never a good thing. So be careful while betting and don’t bet recklessly. Cricket is a sport after all, there are no guarantees and any team can lose on any given day. So never go ahead and bet your entire retirement savings or family jewels on a match just because you are very sure about a certain team’s victory.