FAQ's CRICKET

Frequently Asked Questions


How do I register on Exchange22?

Download the App through the link on our website and go to the Registration page on Exchange22 App and register via Facebook or your Email ID.

Can I make multiple accounts on Exchange22?

No. A single email-id can be registered per user.

I am below 18 years of age. Can I register on Exchange22?

No. Only user above the age of 18 years can register on Exchange22.

I am from the State of Odisha or Nagaland or Assam or Andhra Pradesh or Telangana and Sikkim. Can I register on Exchange22?

No. As per the current laws of these states, any person residing in these states cannot take part in any online fantasy sports.

Is it legal to play Exchange22?

Yes, it is absolutely legal to play Exchange22. In fact, we are the only fantasy portal in India to be recognized as ‘Start-Up’ by the Government of India. Please refer to your Legality section for more information.

I do not have a valid Photo-Id proof? Can I register on Exchange22?

Yes, you can register on Exchange22, but to enjoy the full benefits and take part in contest(s), you are required to verify your account by uploading a valid photo-id proof.

I do not have a Pan-Card? Can I register on Exchange22?

Yes, you can register on Exchange22, but to enjoy the full benefits and take part in contest(s) and withdraw your winnings, you are required to verify your account by uploading your Pan-Card.

I do not have a Bank Account? Can I register on Exchange22?

Yes, you can register on Exchange22, but to enjoy the full benefits and take part in contest(s) and withdraw your winnings, you are required to have a Bank account.

How do I update / edit my profile?

Select the ‘Profile’ option in the App and select ‘Update / Edit Profile’.

I forgot my Exchange22 account password. How do I login to my account?

Click on the ‘Forgot Password’. Select the mode – Email-id or Phone Number. A link will be sent to your registered email-id or your registered phone number from where you can reset your password easily.

How can I change my password?

Click on the ‘My Account’ tab. Select ‘Password’ and click on it to change it.

I cannot login to my account. How do I login?

Please check if you have mentioned your correct registered email address with Exchange22 and password to login. If it doesn’t work, you can write to us at contact@exchange22.com or contact us on Facebook Messenger and we will respond to you quickly.

I have a referral. How do I sign-up?

  1. Click on the link provided to you;
  2. Download and install the Exchange22 App on your device;
  3. Register on Exchange22 and enter the unique code shared with you.

Can we use the entire bonus for trading?

You can use the bonus to pay platform fees. Maximum 50 percent of platform fees can be paid through the bonus in both multibagger and buy-sell.

What is the validity of the bonus earned?

The bonus credited in your account will be valid for fifteen days from the date of credit.

How can I win Fantasy Coins?

Winnings shall be at the discretion of Exchange22.

Can I redeem the Fantasy Coins won?

Yes you can redeem it to purchase any item on the Exchange22 portal.

What is the value of the Fantasy Coins?

Value of the Fantasy Coins shall be decided by Exchange22.

How do I select a match?

Go the Exchange22 App, select the ‘Upcoming matches’ tab and select any matches you wish to trade in.

Can I select multiple matches?

Yes. You can choose any number of matches you wish to trade in.

Can I select multiple matches under different fantasy sports?

Yes.You can choose any number of matches under different fantasy sports you wish to trade in.

What is a portfolio?

Your portfolio has the list of players you have bought/sold in a particular match.

How do I buy/sell a player?

  1. Go the Exchange22 App, select the ‘Upcoming matches’ tab;
  2. Select any match you wish to trade in;
  3. Select the ‘Buy/sell’ trade.
  4. Buy/sell any player from the list provided.

What is the maximum number of players I can select in a particular match?

In any match, you can select all the players made available for trading.

On what criteria the player's shares are made available for trading?

The player's shares are made available for trading on the basis of the following criteria:
A) If the player provides a surety of his performance.

  1. If the player is a bowler but in the last few matches, he didn't receive a chance to bowl. In this case, the player's shares will not be available for trading. The same situation stands for a batsman also.

B) A balance between the buy/sell ratio is quite mandatory for effective trading. This situation can only be fulfilled if the player's performance was healthy in the previous matches. In this manner, we can provide proper buy/sell rates of a player without any confusion.

C) The final decision to provide the list of the player's available for trading solely depends upon the company.

What is the base price of a player?

It is a pre-determined price of a player at which he can be traded.

Can I determine the base price of a player?

No. It is determined by a players’ previous performances.

Can I make changes in the selected list of players during an ongoing match?

No changes are allowed 30 minutes prior to starting of the match.

Why is it showing ‘request pending’ against a trade I executed?

Your trades have to be approved by Exchange22 before it shows up on your portfolio.

Why can I not see the option of buy/sell a player?

When there is a disproportionate number of shares being bought/sold for a particular stock, we disable the buy/sell option accordingly to maintain the fun quotient of the game.

Why do the price of a share (of a player) fluctuate?

It is due to the concept of ‘dynamic pricing’. The prices are determined based on the trading of that particular share(s) in a particular match.

A player I selected is not playing in the match. Will I get a refund for that trade?

Yes. You will get a full refund of the amount you have paid.

How are the points calculated?

Points are calculated based on the performance of a player.

To illustrate,

If A has selected Mr. XYZ a batsmen and has decided to ‘buy’ him at his base price of 50 INR, and subsequently Mr. XYZ earns point worth 100 (1 Point = 1 INR) by the end of the match, then the profit from Mr. XYZ would be 50 INR.

In a different scenario, if A has selected Mr. PQR, a batsmen and has decided to ‘sell’ him at his base price of 50 INR, and subsequently Mr. PQR fails to earn any point, then the profit from Mr. PQR would be 50 INR.

When do the points get updated?

The points get updated automatically within seconds. It is an automated system which works in an accurate manner.

What is the Offer Section?

This section is a special window for a limited time period of 25 minutes which is opened between the ‘Upcoming Section’ and ‘Live section’. This section has been created to facilitate the Buyers and Sellers a way to reduce the gap between these two (i.e. buyers and sellers) to a minimum executable value.

To illustrate, if we have more buyers than sellers, we offer sellers to sell the stocks of a player (or players) at increased price (higher than the initial Base Price). If we have more sellers than Buyers, we offer Buyers to buy the stocks of a player (or players) at decreased price (lower than the initial Base Price).

My selected player is playing still, the amount has been refunded?

We receive the line up through our sources before the match begins. If a player is mentioned as non-playing in the line up, we provide a refund for the same before the match starts. Also, if the refunded player still plays then EXCHANGE22 holds no responsibility for the same.

What is a multi-bagger trade?

A multi-bagger trade is where you select a player who you think would score the highest points in a match so that you get high returns.

What is ‘hold %’?

It is an indicative reference to the approximate holding percentage of shares held by number of users. The percentage keeps fluctuating till the match begins.

Is there any limit on the number of shares I can hold for a player?

No, there is absolutely no limit on the number of shares you wish to hold for a player.

What is ‘X times return’?

It is a projected/expected return that one can expect fromholding a share of a particular player.The percentage keeps fluctuating till the match begins.

Why does ‘Hold %’ and ‘X times return’ fluctuate?

Since it is an indicative list, it keeps fluctuating till trading takes place before the start of the match. There is absolutely no cause to worry since it will automatically stop once the match begins.

How is the return calculated?

The calculation is based on the total money which is collected OR the total number of shares that a particular player holds.

How is the return distributed?

We charge 20% of the total money pooled as portal fees and the rest 80% is distributed among the winners.

What if no-one has selected the highest scoring player? How does the money gets distributed?

In case of absence of the highest point-scoring player from the trading list, the player with highest points from the trading list is chosen and the user holding that players’ share is declared as the winner.

What will be the exact estimated return in the case of multiple multibagger winners?

In such cases, the estimated return will get divided according to the number of players with the highest points in a particular match. For example, if there are two highest scorers in a match named player A and player B having an estimated return of 6.6 times and 4.4 times. Then, the users who held player A will get an estimated return of 6.6times/2 = 3.3, and similarly, users for player B will receive an estimated return of 4.4 times/2 = 2.2.

How much will I be charged for a multi-bagger trade?

We charge 20% of the total money pooled as portal fees.

What is Premium multibagger?

Premium multibagger is a short format of multibagger section , you have to hold share of players as like as you do in present multibagger but in premium bagger there will be less competition as you just have to use your skills to choose the highest point scorer among 4 to 5 players only. Whosoever grab the highest points from the given player will become premium bagger but as we all know that high risk has high gains,low risk has low gains so return(how many times)of a player will be less as compared to multibagger also 1 share will have value of 50 rupees in premium bagger which is 10 rupees in multibagger.

How to participate in the Multi-bagger leaderboard?

The participation is automatic and based on your winnings in the Multi-bagger trades.

How are user(s) ranked in the Multi-bagger leaderboard?

Rankings shall depend on your winnings in the Multi-bagger trades. Points shall be earned based on your Multi-bagger trades. You can check your points in the Multi-bagger Leaderboard section.

For example, In a match a user holds one share of Virat Kohli and in return receives six times the holding value. And luckily, the highest point scorer in that match turns out to be Virat Kohli. In such a scenario, the user's points will be sixty for that particular match.

Will the Multi-bagger leaderboard be available for every match?

No, the Multi-bagger leaderboard shall be available only for select tournaments as per Exchange22’s discretion.

How do I add money in my Exchange22 account?

You can add money through multiple payment options. Here are the simple steps of how you can do it:

  1. Add a credit/debit card by clicking on the ‘Add Money’ tab.
  2. Enter the amount you wish to add and select your payment gateway.
  3. Make the payment after entering the relevant details needed for that payment mode.

Where do I check my Exchange22 account balance?

You can click on the ‘Account’ tab on the Exchange22 App to check your balance in your Exchange22 account.

My money has been deducted from my bank account, but it is not showing up in my Exchange22 account. What should I do?

This might happen when there is a delay in the payment gateway. Be rest assured, your money is safe.

Take a screenshot of your card/bank statement and send it to us at contact@exchange22.com or you can get in touch with our support team on Facebook Messenger.

I have made a profit on my trades, but the winnings have not been credited in my account. What should I do?

Money will be credited in your Exchange22 account within 6-7 hours after the match ends.

How much will I be charged for each buy/sell trade?

We charge 6% for EVERY Buy/Sell trade executed by you.

How do I withdraw my money?

  1. Login to your Exchange22 account on the App.
  2. Visit the ‘My Balance’ page and click on ‘Cash Withdraw’ option under the winnings section.
  3. Enter an amount you would like to withdraw. However, you can only withdraw an amount less than or equal to your Balance that can be withdrawn. This will be shown to you on the Withdraw Cash page.

What is the minimum amount that can be withdrawn?

A minimum amount of ₹200 can be withdrawn once per 24 hours.

What is the maximum amount that can be withdrawn?

A maximum amount of ₹50,000 can be withdrawn once per 24 hours.

Is there any charge on withdrawal of amount?

No, we do not charge any amount on withdrawal.

Can I use someone else’s bank account to withdraw money?

Unfortunately, you can withdraw money from your Exchange22 account balance ONLY to your own bank account.

When will my withdrawal be processed?

In cases of Instant Withdrawal Process (via IMPS) method of transfer the withdrawal might take 2-3 hours for the amount to reflect in your bank account. In case of delay on the part of the Bank to credit the funds to your account, it may take up to 3 working days.

When can my withdrawal be cancelled?

Your withdrawal may have been cancelled in the system due to one of the below reasons:

  1. Incorrect IFS code verified on the account.
  2. Name on the bank does not match with the name verified on Exchange22 account.
  3. Incorrect account number verified on the account.
  4. In case of any doubts, you can write to us at contact@exchange22.com or contact us on Facebook Messenger and we shall look into it.

Does EXCHANGE22 disable the withdrawal facility on some occasions?

  1. Yes, when we distribute deposit bonus. During that period we might disable withdrawal.
  2. Sometimes withdrawal might be disabled due to bank servers outage and on bank holidays.

Are there any necessary conditions on the number of overs to be played in a particular match?

For One Day matches - Each team should face at least 20 overs and the total number of overs to be bowled in the match should be equal to or more than 50 in vice versa match will be observed as cancelled.

For Test and First Class matches - the whole match counts. In drawn matches, a minimum of 200 overs must be bowled otherwise the match is counted as cancelled.

For T20 Matches - Each team should face at least 5 overs and a total number of overs to be bowled in a match should be equal to or more than 20 in vice versa match will be observed as a cancelled match.

For T-10 matches - each team must face at least 7 overs otherwise the match is counted as cancelled.

For The Hundred Tournament - Each team should face at least 25 legal deliveries and the total number of deliveries to be bowled in a match should be equal to or more than 100 in vice versa match will be observed as a cancelled match.

What if a team is dismissed before playing the required number of overs?

In case a team is dismissed without playing its entire quota of overs, the points will be decided based on their performances.

A player has been retired hurt. Will the points of that player be calculated?

In such a scenario, the points of that player shall be calculated till his duration on the field.

Substitute and concussion subs are eligible for points?

Substitutes and concussions subs are not eligible for points, no points for substitute players.

What if a team won before playing the required number of overs?

In case a team won without playing its entire quota of overs, the points will be decided based on their performance.

Will the scores in a ‘Super Over’ be counted?

No. Any event during the ‘Super Over’ shall not be considered for awarding points.

How are points calculated?

Please refer to the Points Table for Cricket.

In which case, dot ball points are not eligible? (For The Hundred Tournament only)

In the case of leg bye, wickets, and bye runs, dot ball points are not eligible.

What is a No Loss League?

For the first time ever in fantasy apps, EXCHANGE22 has decided to introduce a unique concept of No Loss League. The name itself describes its speciality, just like the other leagues, users can trade as per their choice and get big winning amounts. But what if they face loss instead of profit, well no need to worry at all. In this rare concept, the users will get REFUND FOR THE LOSS INCURRED. Additional information related to this concept is listed below:

  1. For now, this No Loss League concept will be introduced only for the Pakistan Super League 2021.
  2. The loss amount only up to Rs 1000 will be refunded.
  3. In any league where this concept will be introduced, the condition for minimum matches or amount will depend on the league.
    For the Pakistan Super League minimum matches should be 5 and the minimum investment should be Rs 2000. The user must at least perform a trade of Rs 2000 in a minimum of five matches i.e. a minimum of Rs 400 per match in 5 matches collectively (excluding platform fee).
  4. All the users whether old or new are allowed to participate in this league (except people who belong to banned states), so choose and invest wisely.
  5. Once the tournament is finished, the loss amount of the user will be refunded within 24-48 working hours in the deposit section of the EXCHANGE22 App wallet.
  6. This No Loss League benefit is only available for the PSL 2021 matches to be played from 9th June to 24th June.
  7. In case, the PSL 2021 gets canceled or the number of matches gets reduced. The company can cancel the No Loss League campaign.
  8. Only those users who will have their KYC completely verified before 24th June 2021 are eligible for this campaign.
  9. In case of any dispute, the decision taken by the company will be considered as final.
  10. For more details, users can connect with us via customer care number: 888-274-274-3 , Facebook inbox , or email id: contact@exchange22.com

What will I be charged for each ‘Buy/Sell’ trade?

We charge 6% for EVERY Buy/Sell trade executed by you.

What will I be charged for a ‘Multi-bagger’ trade?

We charge 20% of the total money pooled as portal fees.

What are TDS deduction norms on actual winning of more than 10k?

According to the Government of India, 30% of TDS to be deducted on actual winning of more than 10k amount. In multibagger, premium multibagger if actual winning after the estimated return exceeds 10k then you have to pay 30% TDS and the case of buy/sell will constitute actual winning of more than 10k on a particular rate. For example, if you buy/sell a player at a rate of 50 and in case, your actual winning is more than 10k on that single buying or selling then you have to pay 30% TDS. But if in case you are buying or selling that same player at a rate of 52 then that will be considered as different and depend upon actual winning according to the rate of 52.

Cricket

BATTING T10 T20 ODI TEST THE HUNDRED
FOR EVERY RUN SCORED 1 1 1 0.5 1
FOR EVERY BOUNDARY SCORED 1 1 1 1 1
FOR EVERY SIX 2 2 2 3 2
HALF CENTURY BONUS 8 7 5 5 8
CENTURY BONUS - 15 8 8 -
30 RUN BONUS(ONLY IN T10) 5 - - - -
DOUBLE CENTURY BONUS(ONLY IN TEST) - - - 15 -
BOWLING T10 T20 ODI TEST THE HUNDRED
FOR EVERY WICKET 20 20 25 12 20
3 WICKET HAUL BONUS 8 5 - - 5
4 WICKET HAUL BONUS - 8 5 - 8
5 WICKET HAUL BONUS - - 8 10 -
FOR EVERY MAIDEN OVER 12 7 5 1 -
FOR EVERY DOT BALL (Not in case of wicket) - - - - 1
FIELDING T10 T20 ODI TEST THE HUNDRED
EVERY CATCH TAKEN 8 8 8 6 8
RUN OUT (THROWER/CATCHER) 12 (8/4) 12 (8/4) 12 (8/4) 12 (8/4) 12 (8/4)
STUMPING 12 12 12 12 12

Why has my account been blocked?

  1. You are found to be having more than single Id registered on Exchange22 or multiple Ids registered under the same name.
  2. You are found to indulge in any form of fraudulent activity including, attempting to use or using any other person's credit card(s), debit cards, net-banking usernames, passwords, authorization codes, prepaid cash cards, mobile phones for adding cash to your user account.
  3. It is found that you are creating a fake referral chain by creating multiple ids under the same name to earn the Refer & Earn bonus.
  4. You are found to be withdrawing your winnings by using any unlawful or illegal means.

For a more detailed guideline, please refer to our Fair Play terms. If you feel, your account has been blocked mistakenly, you can write to us at contact@exchange22.com or contact us on Facebook Messenger and we shall look into it.