Screenshot slot: WhatsApp chatGet an ID, or use a demo
There is no public sign-up form. An agent issues the ID on WhatsApp. A demo ID lets you practise with play balance first.
How to play Reddybook: back, lay, session and exposure explained
Reddybook is a cricket exchange, and an exchange does not work like a bookmaker. This page explains every figure on the screen with rupee sums you can repeat on a calculator. It explains how the markets work. It does not tell you what to bet on.
Cricket exchange at a glance
- Back
- Bet foryou win if it happens
- Lay
- Bet againstyou win if it does not
- Exposure
- Blocked moneythe most you can lose on open bets
- Session
- Yes or noon runs in a set of overs
- Commission
- Ask the agentvaries by panel
How to play Reddybook, start to finishReddybook kaise khele: three stages. Demo screens drawn by us.
Screenshot slot: WhatsApp chat
Screenshot slot: loginLog in and open a match
Open the login address the agent sent with your ID. Tap Cricket, then a match. Errors and fixes are on the login page.
Screenshot slot: exchangeTap a price, enter a stake, confirm
A blue price is a back, a pink price is a lay. The bet slip shows profit and liability before you confirm.
Exchange vs bookmaker: the difference that matters
| Bookmaker | Exchange | |
|---|---|---|
| Who is on the other side | The bookmaker | Another user, or the panel acting as one |
| Bets you can place | Back only | Back and lay |
| How the house is paid | The margin in every price | The back-lay gap, and commission where charged |
| Largest loss on one bet | Your stake | Your stake on a back, the liability on a lay |
The last row is the one that hurts beginners. On a lay bet you can lose more than the figure you typed in the stake box.
Decimal odds and how to read them
Match odds are shown as decimals such as 1.80. The number is the total you get back for every ₹1 staked, with your stake included. So the sum is always the same: return = stake × odds, and profit = stake × (odds − 1).
A price also tells you how likely the market thinks an outcome is. Divide 100 by the price: 100 ÷ 1.80 = 55.6, so 1.80 means roughly a 56% chance. A price of 2.00 is an even chance.
| Price | ₹100 returns | Profit | Implied chance |
|---|---|---|---|
| 1.25 | ₹125 | ₹25 | 80% |
| 1.50 | ₹150 | ₹50 | 66.7% |
| 1.80 | ₹180 | ₹80 | 55.6% |
| 2.00 | ₹200 | ₹100 | 50% |
| 2.50 | ₹250 | ₹150 | 40% |
| 4.00 | ₹400 | ₹300 | 25% |
Back meaning: a bet that something will happen
Backing a team at 2.10 with ₹300
To back is the ordinary bet everyone knows. You say a team will win and put a stake on it. On the screen it is the blue price.
Your balance is ₹1,000. You back Mumbai at 2.10 with ₹300. The panel takes ₹300 out of your available balance straight away. If Mumbai win, you get 300 × 2.10 = ₹630 back, which is your ₹300 plus ₹330 profit. If they lose, the ₹300 is gone and nothing more.
- Balance before
- ₹1,000
- Back stake at 2.10
- ₹300
- Return if it wins (300 × 2.10)
- ₹630
- Profit if it wins (300 × 1.10)
- ₹330
- Loss if it loses
- ₹300
- Balance after a win / a loss
- ₹1,330 / ₹700
Lay meaning: a bet that something will not happenAnd liability, the number most beginners skip.
To lay is to take the bookmaker’s seat. You accept someone else’s back bet. If the team loses you keep their stake. If the team wins you pay their profit. On the screen it is the pink price.
You lay India at 1.82 and type ₹500. That ₹500 is the backer’s stake, which is what you win if India do not win. What you can lose is the liability: 500 × (1.82 − 1) = ₹410. The panel blocks ₹410 from your balance, not ₹500.
At long prices the liability grows quickly. Lay an outsider at 4.00 for ₹500 and the liability is 500 × 3 = ₹1,500, three times the figure you typed, to win ₹500.
Reading the back and lay board
Each team has a blue back price and a pink lay price. The prices below are an example for the arithmetic.
Example, not live pricesBackLay
India1.801.82
Australia2.222.26
Back India ₹100 at 1.80: profit ₹80. Lay India ₹100 at 1.82: liability ₹82. Back Australia ₹100 at 2.22: profit ₹122. Lay Australia ₹100 at 2.26: liability ₹126.
One thing to notice. In a two-team match, laying India is almost the same bet as backing Australia. Laying India at 1.82 risks ₹82 to win ₹100, which works out to a price of 1 + 100 ÷ 82 = 2.22. That is the Australia back price on the board. The lay price for a team is always a little higher than its back price, and you pay that gap each time you cross it.
Matched and unmatched bets
Matched: the bet is on
- You took the price shown and someone was on the other side for your full stake.
- The price is locked. Later movement does not change what you are paid.
- You cannot cancel it. You can only place an opposite bet at the current price.
Unmatched: the bet is waiting
- You asked for a better price than the market offers, for example a back at 1.90 when the board shows 1.80.
- Nothing happens unless the price reaches your figure. Until then you can cancel it.
- It can be part matched: ask for ₹1,000, get ₹600 matched and ₹400 left waiting.
Many agent-run panels do not hold unmatched bets. They accept the bet at the price shown or reject it with a “price changed” message.
What is exposure in a betting exchangeAnd why your balance looks smaller the moment you place a bet.
Exposure is the money blocked against your open bets: the most you can lose if every one of them goes wrong. It is not a fee and it has not been lost. Here is one account through two bets.
- Start: balance after deposit
- ₹2,000 available, exposure ₹0
- Back ₹500 at 1.80 in match one
- Exposure ₹500, available ₹1,500
- Lay ₹500 at 1.82 in match two (liability ₹410)
- Exposure ₹910, available ₹1,090
- Check: 2,000 − 500 − 410
- ₹1,090
Bets in the same market are netted. Back India ₹500 at 1.80 and lay India ₹500 at 1.82 in one match: an India win gives +400 − 410 = −₹10, an India loss gives −500 + 500 = ₹0. The exposure on that market is ₹10, not ₹910.
Session betting meaning: yes or no on runsAlso called fancy. Example line: India 6 over runs, No 47, Yes 48.
Yes at 48, stake ₹500
- You say India will score 48 or more in the first 6 overs.
- India reach 52: you win ₹500.
- India reach 47 or fewer: you lose ₹500.
- Exposure while the bet is open: ₹500.
No at 47, stake ₹500
- You say India will score 46 or fewer in the first 6 overs.
- India reach 44: you win ₹500.
- India reach 47 or more: you lose ₹500.
- Exposure while the bet is open: ₹500.
Look at exactly 47 runs: the Yes bet loses and the No bet loses too. That one-run gap between No and Yes is the panel’s margin on a session. Some lines carry a rate instead of a gap. “Yes 47 at 90” means a ₹500 stake wins ₹450. “No 47 at 110” means you risk ₹550 to win ₹500. This is the usual convention on Indian panels; the rule printed on the market itself is the one that applies.
The bookmaker market on an exchange panel
What it is
A second match-winner market where the panel sets the prices itself. You are not matched against another user, so a bet is accepted at once or refused.
How prices are written
Usually as two whole numbers such as 80 and 82. Read them as paise per rupee: 80 means ₹0.80 profit for every ₹1 backed. It is the same thing as decimal 1.80 and 1.82.
Worked sum
Back the favourite at 80 with ₹1,000: you win ₹800 or lose ₹1,000. Lay the favourite at 82 with ₹1,000: you win ₹1,000 or lose ₹820.
How prices move in playOne chasing team through a made-up innings. Example prices, not a forecast.
- Before the tossThe market rates the two sides almost level. 1.90
- A quick startFifty without loss in the powerplay. The price shortens. 1.55
- Two wickets in an overThe market is suspended for a few seconds, then reopens higher. 2.20
- Twelve needed off twelveFive wickets in hand. The price is now very short. 1.15
Every in-play bet has a short delay before it is accepted, and the price can change inside it. Markets are suspended on a wicket, a boundary or a review, so you cannot always get out when you want to. The live video on your phone runs several seconds behind the ground, so the price often moves before you see the ball.
Cashing out and hedging, with the arithmeticThere is no magic in a cash-out. It is a second bet in the opposite direction.
- You back India with ₹1,000 at 2.00. An India win pays ₹1,000 profit. A loss costs ₹1,000.
- The price shortens to 1.60 after a good start.
- Work out the lay stake: back stake × back price ÷ lay price = 1,000 × 2.00 ÷ 1.60 = ₹1,250.
- You lay India for ₹1,250 at 1.60. The liability is 1,250 × 0.60 = ₹750.
- Both results now pay the same. This is called greening up. The table shows the sum.
| Result | Back bet | Lay bet | Net |
|---|---|---|---|
| India win | +₹1,000 | −₹750 | +₹250 |
| India lose | −₹1,000 | +₹1,250 | +₹250 |
The same sum cuts a loss when the price goes against you. If India drift to 2.50, lay 1,000 × 2.00 ÷ 2.50 = ₹800 (liability 800 × 1.50 = ₹1,200). India win: +1,000 − 1,200 = −₹200. India lose: −1,000 + 800 = −₹200. A possible ₹1,000 loss becomes a certain ₹200 loss.
A cash-out button, where a panel shows one, does this sum for you. None of this removes risk: the price has to move your way first, and nobody knows in advance that it will.
Commission: what is charged, and whereIt varies from panel to panel, so we publish no rate. Ask the agent.
Match oddsWhere commission exists, it is usually a percentage of your net winnings in the market, never of a loss.
BookmakerOften no commission. The panel’s margin is already inside the two prices.
SessionOften no commission. The margin is the gap, or the rate, between Yes and No.
Your panelAsk the agent for the rate on WhatsApp before you pay, and keep the answer in the chat.
To see what commission does, take the ₹250 from the greening-up example. At an illustrative rate of 2% the charge is 250 × 0.02 = ₹5, so ₹245 reaches your balance. The 2% is only for the sum; it is not a rate we publish for any panel.
The bet slip, field by fieldHow exchange panels of this type lay out the slip. Labels on your screen may differ slightly.
Screenshot slot: bet slip- Tap a price. The slip opens blue for a back and pink for a lay. If the colour is not the one you meant, close it.
- Enter the stake. Quick buttons add fixed amounts. Each market shows its own minimum and maximum stake.
- Read profit and liability. The slip works them out. On a lay, the liability is the number that matters.
- Confirm once. Wait for “bet placed” or “bet matched”. Tapping twice can place two bets.
- Open the bets list. Check the team, the side, the price and the stake against what you intended.
Void, suspended and settled betsGeneral exchange rules. The rules tab on each market is what applies to your bet.
- SettledThe result is final. Stake, profit or loss is applied and the exposure is released.
- VoidThe bet is cancelled and the stake or liability comes back in full. No win, no loss.
- Abandoned or no resultMatch odds bets are normally void when a match has no result.
- Incomplete sessionIf rain cuts the overs a session covers, that session is normally void.
Common beginner mistakes
| Mistake | What it costs | Do this instead |
|---|---|---|
| Tapping pink when you meant blue | You have bet against the team you wanted | Read the slip colour and the word Back or Lay before confirming |
| Reading the lay stake as the risk | A ₹500 lay at 4.00 risks ₹1,500 | Read the liability line, every time |
| Backing very short prices for “sure” money | At 1.10, one loss cancels ten wins | Work out how many wins one loss wipes out |
| Doubling the stake after a loss | Five doubles from ₹100 is a ₹3,200 bet | Keep one stake size for the whole day |
Cricket exchange glossary
- Back
- A bet that an outcome will happen. Blue price.
- Lay
- A bet that an outcome will not happen. Pink price.
- Stake
- The amount typed on the slip. On a lay it is the backer’s stake.
- Liability
- What a lay bet can lose: stake × (odds − 1).
- Exposure
- Total blocked against open bets. The most you can lose on them.
- Available balance
- Balance minus exposure. What you can bet or withdraw.
- Bookmaker
- A match-winner market priced by the panel itself.
- Session or fancy
- A Yes or No market on runs in a set of overs.
- Matched
- A bet that has been accepted at a fixed price.
- Unmatched
- A bet waiting for the price you asked for.
- Hedge
- An opposite bet that reduces what you can lose.
- Green up
- Hedging so that every result shows the same profit.
- Cash out
- A button that places the hedge for you.
- Commission
- A percentage some panels take from net winnings in a market.
- Settle
- When the result is final and the balance is updated.
- Void
- A cancelled bet. The stake or liability is returned.
Why most players lose over time: the mathsFour costs that work against you on every bet, whatever you know about cricket.
- The back-lay gapBack ₹1,000 at 1.80 and lay it straight back at 1.82. The lay stake is 1,000 × 1.80 ÷ 1.82 = ₹989.01, with a liability of ₹810.99. Win: +800 − 810.99. Lose: −1,000 + 989.01. Either way you are down about ₹11, or 1.1%, and the ball has not been bowled.
- CommissionTake a true even chance at 2.00 and an illustrative 2% commission. Over 100 bets of ₹1,000 you win 50 × ₹980 = ₹49,000 and lose 50 × ₹1,000 = ₹50,000. You are ₹1,000 down on ₹1,00,000 staked, with no bad luck at all.
- The session gapWith No 47 and Yes 48, both sides lose on exactly 47. An even-money bet that cannot win on one of the possible scores needs you to be right more than half the time just to stand still.
- More bets, more costEach cost is small and is paid again on every bet. Fifty bets in a match night pay it fifty times.
To come out ahead you would have to judge prices better than the whole market, after those costs, for hundreds of bets. Most people do not, and a winning week proves little.
Setting a loss limit before you start
- Pick a monthly figure you could lose without touching rent, fees, loan payments or household money. Write it down.
- Split it by match day. A ₹4,000 month over four match days is ₹1,000 a day.
- Fix one stake size. At ₹200 a bet, five losing bets end the day: 5 × 200 = ₹1,000.
- Deposit only the day’s figure. Money that is not on the panel cannot be staked in a bad moment.
- Withdraw what is left. A balance left on the panel is not protected by anyone. See deposit and withdrawal.
Signs the limit has stopped working
You top up after reaching the day’s figure. You raise the stake to win back a loss. You borrow to play, or hide the amount from family. Any one of these is a reason to stop and call a helpline below.
Legal position and risk
Knowing how the markets work does not make them lawful
The Promotion and Regulation of Online Gaming Act 2025 prohibits online money gaming and its promotion in India from 1 May 2026, and several states had their own bans before that.
The arithmetic on this page is correct, and it changes nothing about who holds your money. Deposits go to private accounts through an agent. No regulator in India stands behind a balance on the panel, and there is no ombudsman to complain to if a withdrawal is not paid.
If the law or your own situation says no, the right choice is not to play. More detail: Is Reddybook safe?
If betting is no longer under your controlFree, confidential help in India. You do not need to be in crisis to call.
Tele-MANAS · 14416
Government of India mental health helpline. 24 hours, free, 20 languages.
Kiran · 1800-599-0019
Ministry of Social Justice helpline. 24 hours, free.
iCall · 9152987821
Tata Institute of Social Sciences counselling line. Monday to Saturday, 10:00 to 20:00.
How this page was written and checked
The sums
Every rupee figure here is arithmetic on example prices, worked twice. None is a live price or a result from a real bet.
The panel
On 13 Nov 2026 we opened the three Reddybook addresses and compared the login page. We do not place test bets or run test payments, so screen labels are described from how exchange panels generally work.
Disclosure
Kenlodge receives an introduction fee when a reader gets an ID through our WhatsApp button. That is our only income from this site. The WhatsApp contact is an independent agent, not Kenlodge and not the operator; ask which login address your ID is for before you pay. Editorial policy
Check log
- Page first published. All worked examples recalculated by hand and by script. We publish no commission rate or stake limits: both vary by panel, so ask the agent.
Reddybook kaise khele, हिंदी में
Back, lay, session और exposure का मतलब, उन्हीं रुपये के उदाहरणों के साथ, आसान हिंदी में।
Questions people ask
How do I play on Reddybook?
You get an ID from an agent, log in, open a cricket match and tap a price. A blue price is a back bet and a pink price is a lay bet. Enter a stake, read the profit and liability on the slip, then confirm.
Reddybook kaise khele?
Pehle agent se ID lein, login karein, match kholein, phir blue (back) ya pink (lay) price par tap karke stake daalein. Confirm karne se pehle liability zaroor padhein. Poori guide Hindi mein bhi hai.
What is the meaning of back and lay?
Back means you bet that a team will win. Lay means you bet that it will not. On a back you can lose your stake. On a lay you can lose the liability, which is the stake multiplied by the odds minus one.
What is session betting?
A session, or fancy, is a Yes or No bet on how many runs are scored in a set number of overs. Yes wins if the score reaches the Yes figure. No wins if the score stays below the No figure.
What is exposure in a betting exchange?
Exposure is the amount blocked against your open bets. It is the most you can lose on them. It is released when the bets settle, and until then it cannot be bet again or withdrawn.
How does cash out work on an exchange?
It places the opposite bet at the current price, sized so that every result pays the same. Backing ₹1,000 at 2.00 and laying ₹1,250 at 1.60 leaves ₹250 either way before commission.
How much commission does Reddybook charge?
We publish no rate. Commission varies by panel and by agent. Ask the agent for the rate on WhatsApp before you deposit, keep the answer in the chat, and check it against your first settled bet.
Does this guide give betting tips?
No. It explains how the markets and the arithmetic work. It contains no predictions.
Understand the liability line first. Then decide.
If you still want an ID, ask a person the plain questions before paying: which login address the ID is for, the commission rate, the stake limits and how withdrawals are sent. If the answers are vague, do not deposit.
Our WhatsApp contact is an independent agent, not Kenlodge and not the operator.
Get an ID on WhatsApp18+ only. Replies 24x7, as stated by the agent. Play only with money you can afford to lose.