The Dafabet Exchange has been around since 2004, initially servicing clients in the Philippines. With the passage of time, it grew exponentially, making its presence felt in other Asian countries, including India. As one of its members, you can be certain about finding a solid betting exchange platform for back betting, lay betting or In-play betting.
Dafabetβs betting exchange is highly reputable and comprises an impressive sportsbook covering numerous live events from across the world like Cricket, Football, MMA, Formula 1, etc.
You can rest assured that its operations in India are completely legal and you can 100% trust them when it comes to payments. It offers a wide variety of payment methods such as UPI transfer, local bank transfer, e-wallet, credit/debit card payment, and cryptocurrency.
On this page, you can find all the important information about the Dafabet exchange, including answers to some of the basic questions that you might have.
Dafabet Betting Exchange
A betting exchange is different from a standard bookmaker in the sense that it allows you to place βlayβ bets, as opposed to only βbackβ bets, which is the case with a regular online betting site.
After doing the Dafabet exchange login, you can place numerous bets on a wide variety of sporting events from around the world. You can bet on the sports mentioned above or on different sports leagues such as the English Premier League, Cricket World Cup, Indian Premier League, and Grand Slam tennis, to name a few.
The betting exchange also offers a separate live section, where you can find the list of live events and matches to bet on.
The odds are set by other bettors like you, making it possible to spot opportunities to win more money than on a regular bookmaker. If you want, you can also set your own odds and accept other playerβs bets on the Dafabet Exchange.
You can also bet on the go by downloading the Dafabet app, which is available on both Android and iOS platforms. There is no individual Dafabet exchange app, as you can access all the features on the Dafabet app itself.
How to Place a Back Bet?
Now, when it comes to betting at an exchange, you can place a back bet as well as a lay bet. Back betting is a traditional form of betting, where you place a bet on a team to win or a batter to score a hundred, etc.
Let us take the example of a cricket match between England and New Zealand. So, by placing a ‘back' bet on Jos Buttler to score a hundred, you are placing a back bet, and if he does, you win the bet and get paid accordingly.
How to Lay a Bet on Dafabet Exchange?
Conversely, a lay bet is when you bet on an event to not occur. Let us take the same example of Jos Buttler scoring a century, but here, you bet on him to not reach his 100. If Buttler gets out between scores 0 and 99, you collect a payout.
The lay bet is the most unique feature of a betting exchange, which you wonβt find on a regular bookmaker. You can read all about it in our back and lay betting guide.
Is the Dafabet Exchange Legal?
Yes, Dafabet Exchange is 100% legal in India, and you can gain membership without hesitation. The operator holds all the necessary licenses and has governing authorities in the Philippines overseeing their activities regularly.
You can be certain about receiving a payment on instances where you win bets. Dafabet has religiously served the industry since 2004 and has paid millions in winnings during its tenure.
The authorities ensure that payments are made to winners in a timely fashion, or else they will be sure to reprimand the bookmaker.
Deposits and Withdrawals
To ensure that members are able to carry out transactions seamlessly, the Dafabet Exchange offers a variety of payment methods for deposits and withdrawals.
Below is a table highlighting the various payment methods along with their minimum and maximum limits as well as the duration of the transaction.
Deposits
| Payment Method | Min. Deposit Limit | Max. Deposit Limit | Processing Time |
| UPI | INR 100 | INR 50,000 | Instant |
| UPIPAY | INR 100 | INR 100,000 | Instant |
| FPay | INR 100 | INR 100,000 | Instant |
| Paywire | INR 300 | INR 100,000 | Instant |
| Bank Transfer | INR 500 | INR 300,000 | 2-4 hours |
| Card Payment | INR 500 | INR 100,000 | Instant |
| Skrill Moneybookers | INR 500 | INR 1,500,000 | Instant |
| Skrill 1-Tap | INR 500 | INR 1,500,000 | Instant |
| Neteller | INR 500 | INR 3,075,000 | Instant |
| ecoPayz | INR 500 | INR 70,000 | Instant |
| Skrill Quick Checkout | INR 1,000 | INR 720,000 | Instant |
| AstroPay | INR 1,000 | INR 50,000 | Instant |
| Bitcoin | INR 1,500 | INR 350,000 | Instant |
| Tron | INR 1,115 | INR 50,000 | Instant |
| Tether (DirePay) | INR 300 | INR 50,000 | Instant |
Below you can find the table for withdrawal methods and their corresponding withdrawal times.
Withdrawals
| Payment Method | Min. Deposit Limit | Max. Deposit Limit | Processing Time |
| Bank Transfer | INR 300 | INR 340,000 | 1-4 banking days |
| Neteller | INR 500 | INR 3,075,000 | 2-4 hours |
| ecoPayz | INR 300 | INR 30,000 | Instant |
| Skrill Moneybookers | INR 1,000 | INR 1,500,000 | 2-4 hours |
| Bitcoin | INR 5,000 | INR 350,000 | Instant |
| Tether (DirePay) | INR 300 | INR 50,000 | Instant |
| AstroPay | INR 1,000 | INR 50,000 | Instant |
It may happen that for some reason, you want to cancel your payout request. In such a situation, you have up to 60 seconds to cancel it, which you can do by clicking on the βCancelβ button on the Transaction History page under the status column.
If your withdrawal request has exceeded 48 hours and you wish to cancel it now, you will need to contact the customer support team for assistance.
Dafabet Exchange Bonus
As a new member of Dafabet, you can find access to multiple betting offers.
The most unique feature of the Dafabet exchange is that they offer an Exchange Refund Bonus as well, which can help you recover some of your losses on the platform.
Whether you are lay betting or back betting, you can receive 50% cashback of up to INR 1,000 on your losses. This bonus can be used on the exchange and is subject to the wagering requirement of 1x.
This bonus particularly stands out because itβs the only known betting exchange bonus in India at the moment. Make sure to claim it if you encounter some losses
In addition to this, you can also claim one of the Dafabet welcome bonuses that are availble for new players:
- Dafa Sports: With Dafa Sports, you can claim the Dafabet welcome bonus of 200% up to INR 20,000 on your first deposit. To qualify for this bonus, you need to create an account with the operator and deposit a minimum amount of INR 1,000. You need to wager the amount 15x times to make it withdrawable. Unfortunately, this bonus cannot be used on the exchange
- OW Sports: By choosing OW Sports, you become eligible for the welcome bonus of 100% up to INR 15,000, which you can claim by making a minimum deposit of INR 1,000. You will be pleased to know that you can use this bonus on the exchange
FAQ
Yes. Dafabet exchange operates legally in India and holds all the necessary documents required to function in the local betting market.
You can trust the Dafabet exchange 100%, as they have been around for close to two decades and have a good track record of paying the winners on time and in full.
You can place lay bets by selecting the game in the Dafa Sports or OW Sports section that you want to wager on. Preferably, choose to bet on the underdog as opposed to the guaranteed winner to complete the lay bet.
Back bets can be placed by visiting the Dafa Sports or OW Sports category and selecting the game that you want to bet on. Pick the guaranteed winner instead of the underdog to wager your back bet.
With the Dafabet exchange, you get a plethora of betting options. You can wager your earnings on sports such as Cricket, Football, Tennis, Motorsports, Snooker, Tennis, Golf, Rugby, and Boxing/MMA, to name a few.
No, there is not. However, you can experience all the features of the standard Dafabet app, which is available on both Android and iOS platforms.
Dafabet offers an exchange refund bonus where you can claim 50% cashback up to INR 1,000 on your back bets and lay bets. Alternatively, you can opt for the standard welcome bonuses on Dafa Sports and OW Sports.
