Lord Exchange – Alternative Legal Betting Sites in India

  • Has over 70,000 Active Gamblers
  • Popular for cricket betting
  • No Gambling License
WELCOME BONUS ₹1,000 VISIT SITE

General information

LicenceNo
The owner companyAnonymous
Supported languagesHindi, English
Types of bettingSports and cyber sports betting, casinos
Site accessibilityAccessed

Safe Betting Sites – the Alternatives to Lord Exchange

BookmakerRatingBonusReviews
14rabet India Review 2023 – Bonus Package up to 90,000INR
₹20,000
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2Dafabet in India – Download Mobile App for Android and iOS
₹16.000
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3Parimatch – Gambling Site with Big Bonuses for Indian players
₹30,000
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We’ve already established that Lord Exchange is not the safest betting site and it’s best not to trust them with your money and personal information.

However, where can you find a safe alternative? You can read reviews on popular, licensed to provide services in India bettings.

You can play safely without breaking the law and make money at Dafabet, 20BET, Funbet, Bet365, Unibet, CampoBet, 1xBet, 4raBet, Parimatch, Fun88, 22Bet, Megapari.

It is also possible to check the security of a particular site on your own. Legitimate betting sites must comply with the following requirements:

  1. Be licensed. A valid gaming license is one issued by the Gambling Authority or the Gambling Commission in Malta, Curacao, the UK or another country authorized to issue this document. The licence must be held directly on the betting website or issued at the user’s first request.
  2. Information about the owners of the gambling establishment is freely available. The name of the company, year of foundation, location, founders of the company, number of employees and profit should be obligatory.
  3. To use 128-bit SSL encryption to protect personal and financial data of each registered user.
  4. Use the KYC exchange and financial regulatory procedure, which will confirm the veracity of the data entered by the user. This procedure is mandatory before any financial transactions to combat financial fraud, money laundering and tax evasion. Usually for the confirmation of identity the administration of the betting site asks to send for verification the documents confirming the identity and residence address of the customer.
  5. Have average odds. No betting site will agree to offer its players high odds all the time. Because it would simply go bankrupt and not have enough money to pay out big winnings. Of course, higher odds can be offered by the betting site as a short-term promotion. But usually such offers have very high wagering requirements.
  6. Feedback on the support and administration. Support is the face of the betting site. Ignoring clients or meaningless answers, blocking accounts for no reason, freezing the money in the account will make anyone give up on the services of a betting site, even at the highest odds.
Lord Exchange logo

Lord Exchange Review

Lord Exchange betting site is known in India for its wide range of betting and casino games, as well as its generous bonus offers. However, this betting company is not considered safe as it does not have a license. Because of this, there is a great risk of leakage of users’ personal data.

The data of 70,000 Indians is at risk, so we do not recommend registering with this site and even less so betting on it.

lord-exchange-review

The Lord Exchange betting boasts a huge base of active users, with more than 70,000. Reaching a large number of Indians has been made possible by the large selection of available sports disciplines and betting options in the spreads, as well as a casino with a variety of gambling games.

Lord Exchange has an extensive spread of events for betting on cricket, basketball, football, kabbadi and horse racing. The casino section mostly features classic gambling games (e.g. roulette, card games, slots).

The Lord Exchange platform offers a wide range of advantageous betting conditions, promotional offers, discounts and welcome bonuses for new players.

The betting website features a user-friendly interface, popular deposit and withdrawal methods, good bonuses and betting variations. However, all its advantages are outweighed by the lack of specialized activities that would allow Lord Exchange to carry out legal gambling activities in India.

Why we don’t recommend Lord Exchange for sports betting

As you have already realised, Lord Exchange is illegal in India and can get you into a lot of trouble. There are several reasons why it is better not to bet on this site:

  1. The anonymity of the owner.
  2. The lack of license.
  3. Vulnerability of users’ confidential information.
  4. Unreliable customer service.
  5. Insecure storage of money.

These reasons are very valid to make your choice in favour of a more secure betting site. Let’s consider what problems users who nevertheless decide to register on Lord Exchange’s website will face.

Lord Exchange App
Lord Exchange login

Anonymity of the Lord Exchange owner

The details of the company owner of Lord Exchange are not available to users. Even if you enquire directly on the site you will not get an answer. The betting shop owner hides his identity, which does not make the site credible. It is likely that he may be a fraudster or involved in money laundering.

In addition, it is not safe to trust the personal details you have to give when registering and your bank card details to a stranger. This can lead to personal details leaking and problems in the future.

Lack of licence for Lord Exchange

A legal gaming license is the backbone of any betting shop that can provide legal services in India. A licence issued by an authorized body will also protect the players’ interests and ensure fair betting arrangements.

However, Lord Exchange is not licensed and hence does not follow the principles of honest gambling establishments. Because of this, it is risky to trust your money to this site.

Vulnerability of confidential information of Lord Exchange users

Using illegal betting platforms such as Lord Exchange can lead to the leakage of confidential user data.

Your name, date of birth, place of residence, bank card or e-wallet details could end up in the hands of an intruder. Because unlicensed websites do not use encryption of sensitive information to protect it. The site can be easily hacked by hackers, stealing user data and using it for any purpose.

In addition, the anonymous owner of Lord Exchange does not inspire confidence, and your information is sure to be compromised when using this site.

Lord Exchange bet
Safe Betting Sites

Unreliable Lord Exchange Support Service

The support team on the Lord Exchange website is there and it even helps solve minor problems of users. However, many customers are not satisfied with the quality of the support. Players complain about the long response time of the staff, unprofessional answers and in some cases complete ignoring of requests.

Unsafe money storage in Lord Exchange

The leakage of confidential information (including financial documents) has already been mentioned. However, if you do decide to make a deposit to Lord Exchange, there is no guarantee that you will ever be able to withdraw your money back, let alone win any money.

The lack of any withdrawal guarantees suggests that the betting site may just be embezzling money for itself without fear of punishment. Since it is operating illegally in India.

FAQ about Lord Exchange

Does Lord Exchange have a license?

No, Lord Exchange does not have a gambling license which allows the bookmaker to provide services to Indian residents. Therefore, it is better not to use this betting company for betting to avoid problems.

Are the payments at Lord Exchange safe?

Deposits and withdrawals at Lord Exchange have questionable security. Financial information transmitted to the bookmaker is not encrypted. This increases the risk of leakage to malicious parties. In addition, the betting shop owners are anonymous and there is no information about them. And giving money to people you don’t know to make money is more like cheating. So don’t deposit your money in Lord Exchange.

What safe alternatives to Lord Exchange can you suggest?

The safest betting alternatives for Indian residents would be to use offshore betting shops which operate out of India and have an official gambling license. For example, such bookmakers include Dafabet, 20BET, Funbet, Bet365, Unibet, CampoBet, 1xBet, 4raBet, Parimatch, Fun88, 22Bet, Megapari.

Last updated: August 27th, 2023

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