Active players: 183,094,118
Currency: Indian Rupee ₹
Regulated gambling products: Lotteries, horse racing, games of skill, offline casino games
Operator types: State lotteries, land-based casinos in Goa, Sikkim, and Daman, online betting sites operate without a permit
Designated authority: Law Commission of India, gambling is regulated on a state level
Status: Grey market, state of Sikkim offers regulated online gambling
Gambling is an inextricable part of Indian culture, having been present on the subcontinent for more than three millennia. Despite numerous moral and religious condemnations from political and spiritual leaders, Indians are avid bettors who massively enjoy wagering on sports especially on cricket matches. It is estimated that as much as 48% of all adult males place a wager once every month, while at least 30% of men in their early 20s have admitted to holding an online poker account. India’s view on gambling might be considered as conservative by western standards, however, significant steps have been made during the past 3 years in terms of moving towards a more liberalized structured licensing system.
- No legal action has ever been taken against players who indulge in online betting
- Most local bank and credit card transfers to and from online betting sites are blocked
- 80% of all sports betting revenue is generated through cricket
- A new betting law was proposed in July 2018 that has yet to be put into vote
Best online betting sites in India
Betting in India
Betting in India is similar to most other grey markets. Although online gambling is in general considered illegal, Indian punters are free to choose from various non-licensed bookmakers that cater to the local market. Similar to most other countries, Bet365 has a significant presence here as they offer a mixture of high odds and security.
Legal Indian betting sites
Online betting as any other gambling aspect in India, is currently not regulated and is thus considered prohibited. From a legal point of view, currently, only a few states allowing legal gambling and will do so only on casinos present within 5-star hotels or on floating premises. Law aside, India is considered a thriving grey-market for online operators who are heavily investing in offering their products to a vast population where internet access and affordable mobile phones are no longer considered a luxury. As is easily understandable, betting sites similar to Betrally India that offer a quality cricket product, accept Rupee payments and possess a good mobile app tend to get an edge against their competitors.
How to bet in India
Betting in India might be far from perfect at the time of writing, however, this does not seem to deter local punters. Sports betting can easily be translated to cricket betting, as 80% of all the wagers are placed on the IPL and other leagues, with football amounting to around 15%. Although online gambling is technically prohibited, no legal action has been taken against players, as the federal and state governments have tried to tackle this phenomenon through ISP and payment service blocks. On the other hand, the fact that online betting is illegal in India means that players do not have to pay a gambling tax on their winnings, as opposed to the offline 30.90% on horse racing.
Where to bet with Rupees
As we all know and understand, paying a foreign exchange rate to switch your money to and from Rupees to Euro, Dollars or British Pounds is one of the surest ways to eat through our hard earned profits. This is why we are always on the lookout for safe betting sites in India that allow us to deposit and withdraw with ₹ really fast. The following Indian betting sites are considered as the best choice when it comes to betting in Indian Rupees.
Seeing that fresh players might not yet be accustomed to how betting is regulated and practiced in India, we feel the need to clarify a number of its most important aspects. Seeing that many of you are interested in watching cricket matches on live streaming, we suggest joining up on Bet365 as they cover most matches of the IPL.
Don’t let anyone fool you, online betting is still not legal in India. If you place a bet online, you are doing so without the government’s consent. There is no need to be alarmed though as no bettor has ever been punished for gambling online, both on semi-local domains like Betrally and European sportsbooks like Bet365.
All you have to do is click on any of the betting sites above to be redirected to their website. After that click on Sign Up button to start creating your account. You will have to enter your name, surname, address, email and mobile phone. Also, remember to choose your username and a password you that you should easily recall.
Unfortunately, AADHAR cards cannot be accepted to verify your account on online bookies. If you want to complete the KYC you will require an ID like a passport or driver’s license and a utility bill to verify your address. Some bookmakers may also require an ewallet statement to verify your account ownership, usually in the form of a screenshot.
First of all, you need to find a bookie that will let you deposit and withdraw with rupees. Such betting sites in India, include Betrally, 1xbet, Melbet and Royal Panda.
It’s best that you avoid trying to deposit using a local bank or credit card. Most banks may not only block your deposit attempt but might also undisclose any payments towards internet betting sites to government officials. We strongly suggest using an e-wallet like Skrill, Neteller or Webmoney. Ecopayz and Entropay are also solid choices, it is, however, unlikely that they will let you complete your transactions in Rupees.
To the untrained player, withdrawing from a betting site in India might seem similar to requesting money from an online vendor. This is however far from the truth as all withdrawals must be made through the same payment method as your most recent deposit. This is due to various Anti Money Laundering regulations that most European licensed sites are required to follow. Furthermore, there is always the possibility that you might get hit with an exchange rate when you are trying to send money from an e-wallet to your bank. This means that you should either pick a payment method that lets you deal with Rupees or at the very least withdraw money on low forex rates.
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Here you can check the most common questions about betting sites in India. This section is updated according to your latest questions sent through the live chat and support email.
Q: What are the best payments for Indian players?
As mentioned above your best options should be transacting through rupees as you won’t get hit with exchange rates. Such methods are Skrill, Neteller, and Webmoney that even offer a credit card you can use to directly withdraw money from an ATM without having to send any money to your bank.
Q: Which betting sites are legal in India?
Currently, no betting site is legal in India as the government considers all forms of online gambling as prohibited. The only state that allows online betting is Sikkim, however, they themselves have yet to issue any licenses.
Q: Is Bet365 safe for India?
Bet365 is the world largest betting company and generally considered one of the safest websites to place your bets. They are also a top choice for Indian players as they offer fast payments, offer cricket on live streaming with various markets.
Q: Which Indian betting sites have live streaming on cricket?
Currently, Bet365, Betfair, 1xbet, Melbet and 22bet offer live streaming on cricket, whilst many other sites are also planning to include HD streams for the IPL. Make sure to frequently check our guide to find the best betting sites in India.