01
What is online betting?
Online betting is placing a stake on the outcome of a sports event or casino game through a website or app. Every bet has five parts: the event, the market, your selection, the odds and your stake. At King Exchange you open an account on WhatsApp instead of filling in a sign-up form.
- 1Event
- India vs Australia, 2nd T20
- The match you're betting on.
- 2Market
- Match winner
- The question the bet answers.
- 3Selection
- India
- Your answer to that question.
- 4Odds
- 1.90
- Sets how much a win pays.
- 5Stake
- ₹200
- Returns ₹380 if India win.
02
How do betting odds work?
Decimal odds show what you get back for every ₹1 staked, stake included. At 2.50, ₹100 returns ₹250 if it wins. Dividing 1 by the odds gives the implied probability: 2.50 implies a 40% chance, and 1.40 implies about 71%.
Prices always include a margin. If both sides of a 50/50 contest are offered at 1.90, each implies 52.6%, so the two add up to 105.3%. That extra 5.3% is how the bookmaker earns over time.
Odds table and more worked examples03
What are the main types of bet?
The bets you'll see most often are match winner, totals, handicap, cricket session and fancy markets, in-play bets and exchange bets where you back or lay. Beginners usually start with match winner, because there is only one question to answer.
Match winner
Pick who wins. It's the simplest bet and the best place to start.
Match odds rulesTotals (over/under)
Bet on whether a total, such as goals in a football match, lands over or under a line.
Other sports rulesHandicap
One side starts with a head start or a deficit, which evens out a one-sided match.
Other sports rulesSession and fancy
Cricket markets on runs after a set over, a player's score or the toss.
Session betting guideIn-play
Bet while the match is on. Prices move after every ball or attack.
Live betting guideExchange: back and lay
Back an outcome to happen, or lay it not to, at prices set by other players.
Back and lay guide
04
How does money move in and out?
You deposit from ₹100 by UPI, Google Pay, PhonePe, Paytm, bank transfer or USDT. Your stake leaves the balance when a bet is placed, winnings are added when the market settles, and void bets are refunded. You withdraw by asking in the WhatsApp chat, only to an account in your own name.
- Step 1 of 3
Deposit
Add ₹100 or more by UPI, Google Pay, PhonePe, Paytm, bank transfer or USDT, using the details sent in the official WhatsApp chat.
- Step 2 of 3
Bet and settle
Your stake leaves the balance when the bet is placed. Winnings are added when the market settles, and void bets are refunded.
- Step 3 of 3
Withdraw
Ask in the chat. Money goes to a bank or UPI account in your name, and your account is verified before the first withdrawal.
05
How much should I bet?
Only bet money you could lose without it affecting your bills or savings. A common rule of thumb is to keep each stake to between 1% and 5% of your betting bankroll, and to stop for the day once you've lost an amount you set in advance.
Example
With a ₹5,000 monthly bankroll, 1% to 5% means stakes of ₹50 to ₹250. A run of ten losing bets at ₹100 still leaves you ₹4,000 for the rest of the month.
06
How do I stay safe betting online?
Use only the website and WhatsApp number you found here, and never share your password, OTP, UPI PIN or bank password with anyone; the King Exchange team will never ask for them. Never pay a fee to release winnings, and don't trust promises of fixed matches or guaranteed wins.
- Don't: Use a number or link that didn't come from this site
- Don't: Share your password, OTP, UPI PIN or bank password
- Don't: Pay anyone a fee to release your winnings
- Don't: Trust promises of fixed matches or guaranteed wins
07
Is online betting legal in India?
It depends on where you live. The Promotion and Regulation of Online Gaming Act 2025 restricts online money games across India, some states such as Telangana and Andhra Pradesh have their own bans, and winnings are taxed. Check the rules for your state before you play.
This is general information, not legal advice. You must be 18 or older to hold a King Exchange ID.
08
How do I place my first bet?
Get your ID on WhatsApp with your name and mobile number, decide your monthly budget and ask for a deposit limit if you want a hard cap, then deposit from ₹100. Place a small match winner bet and check the return on the bet slip. Once it settles, check how it was settled before betting again.
- 1
Get your ID
Message the team on WhatsApp with your name and mobile number.
- 2
Set a budget and a limit
Decide your monthly bankroll, and ask the team for a deposit limit if you want a hard cap.
- 3
Deposit from ₹100
Pay by UPI or bank transfer into the details sent in the chat.
- 4
Place a simple bet
Start with a match winner bet and a small stake, and check the return on the bet slip.
- 5
Review the result
Once the market settles, check your balance and how the bet was settled before placing the next one.
