Quick answer
On a betting exchange, a market is one priced question on a fixture, such as who wins the match or how many runs come in a session. Each market has two sides: back (you bet it happens) and lay (you bet it doesn't). On King Exchange, every sport uses this same structure under one login.
At a glance
Key takeaways
- On a betting exchange, a market is one priced question with a back side (it happens) and a lay side (it doesn't).
- Cricket exchange markets include match odds, the toss, innings totals, sessions and player markets.
- Football lists match odds, both teams to score, goal totals and Asian handicap. Tennis lists match winner, set betting and games.
- Blue prices back and pink prices lay. Check the return or liability on the slip before you confirm.
- Every sport on King Exchange uses the same structure under one login.
What is a betting exchange market?
It's a question with prices on both sides. When you back, you're taking the side that something happens. When you lay, you're taking the bookmaker's role and betting it won't, so your slip shows a liability. Prices move as people back and lay. The how it works page explains the exchange in more detail.
Which cricket exchange markets are there?
The cricket exchange markets are match odds, on who wins, settled on the official result, and the toss, settled once the coin lands. Innings totals, live session runs lines bet as Yes or No, and player runs or wickets, after the XI is announced, complete the main list.
- Match odds: who wins, settled on the official result.
- Toss: settles once the coin lands.
- Innings totals: check how a shortened innings is treated.
- Session markets: live runs lines, as Yes or No.
- Player runs or wickets: after the XI is announced.
The cricket markets guide covers each one in full.
What markets are there for other sports?
Football lists match odds, both teams to score, goal totals and Asian handicap. Tennis lists match winner, set betting and games. Horse racing has win and place markets. Kabaddi and basketball have match odds and handicaps. All sit on the same King Exchange ID and balance.
How do you read a market before staking?
Match the market name on the slip to the one you meant and check whether it's pre-match or live. Tap the right side, blue to back and pink to lay, then read the return or liability on the slip and the settlement rule for ties, Super Overs or abandoned matches before you confirm.
- Match the market name on the slip to the one you meant.
- Check whether it's pre-match or live.
- Make sure you're tapping the right side: blue to back, pink to lay.
- Read the return (back) or liability (lay) on the slip.
- Check the settlement rule for ties, Super Overs or abandoned matches.
This page won't publish a prediction or a fixed price for any fixture. The price on your slip when you confirm is the one that counts.
Reader questions
Frequently asked questions
Q.01How is an exchange different from a sportsbook?
On an exchange you can lay as well as back, and prices come from both sides of the market.
Q.02Do exchange markets guarantee a payout?
No. Each market settles on the official result under its rule. A void returns your stake.
Q.03Can I bet on exchange markets live?
Yes, once a fixture is marked Live. A stream helps more than a scorecard.
Q.04Is it the same ID for every sport?
Yes. One King Exchange ID and one balance cover every sport.
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About the author
Vikram Sethi
Head of Cricket Analysis · 11+ years experience
Vikram leads cricket coverage at King Exchange, covering IPL match previews, team analysis and how session, fancy and toss markets work.
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