King Exchange alternatives that we recommend for betting
Finding an alternative safe option for sports betting in India is not difficult. There are plenty of legal betting sites on our website where you can legally gamble and make money. For example: 1xBet, 4raBet, Pin-Up, Dafabet, 20BET, Funbet, Bet365, Unibet, CampoBet, Parimatch, Fun88, 22Bet, Megapari.
All these betting platforms are all offshore and have obtained their licenses outside India. Therefore, they can legally operate in Indian states where online betting is not banned.
How do you know which site is safe and which is not? It is very easy! You can read the betting sites reviews on our website.
You should also additionally make sure that the chosen gambling establishment meets the requirements for legal operation on the territory of India. In order to do so, check out the features that any legal and safe betting shop should have:
- License. A betting site must be licensed by an authorized body (e.g. “Gambling Authority”, “Gambling Commission”) to prove legal operations in the gaming industry. Most often betting sites are licensed by bodies from Malta, Curacao and the UK. But local licences are also found in other countries.
- Confirmation of the authenticity of the KYC data indicated by the user. This procedure allows the administration of the betting sites to make sure that the customer has correctly entered his details and does not intend to use the account for fraudulent purposes. KYC is part of the mandatory procedure for licensed gambling establishments. It is aimed at preventing money laundering. In order to confirm the account, the client has to send two documents to the betting shop administration:
- an identity document (ID card / passport / driving licence);
- a document confirming the client’s residence address (utility bill, issued not more than three months ago).
- Use of data encryption technology to protect the user’s personal and financial information. Usually 128-bit SSL encryption and General Data Protection Regulation (GDPR) are used.
- A wide range of events with average odds. Too high odds should alert the player. Even the most popular betting sites in the world do not offer their players very high odds on a regular basis. Only a few can offer higher odds during the year, and then only during any promotions or time-limited promotional offers.
- Positive and negative feedback from other customers. The presence of only praise reviews is always alarming. Even the best betting sites make service mistakes too. However, if a betting site has very frequent reviews about sudden blocking of accounts and impossibility to withdraw money, then it is better to refuse to register with such a site.