Online betting is very popular in India. There are millions of people who participate in sports betting.
The majority of the people prefer betting on cricket, football and horse race. However, Kabaddi, tennis and e-sports betting is also quite popular in India.
You can use online betting sites and apps to place bets. All you need to do is use your phone or laptop to access the betting platforms.
If you want to know more about online betting in India in 2012, follow this guide. We will help you understand all the basics of online betting.
Online Betting in India 2021
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With the IPL season and T20 World Cup, 2021 seems to be a very good year for Indian bettors. In India, cricket betting is very popular.
2021 has a lot in store for Indian bettors. This year marks some of the biggest cricket leagues like England’s tour of India, World T20 and IPL.
There will be plenty of betting opportunities for Indian bettors for online betting in India 2021. With a wide range of cricket betting markets, bettors, as well as punters, can take advantage of Indian betting platforms.
There are many betting sites in India which you can use for sports betting. Apart from cricket betting, you can also enjoy betting on football as well as tennis games.
Is Online Betting Legal in India:
The legality of online betting in Indian has always been a matter of debate. However, before you fully indulge in betting, you need to know if it is legal and safe to bet in sports in India.
As per the Public Gambling Act of 1867, it does not relay permissible to bet in most of the states in India. It means you cannot legally participate in sports betting.
However, there is no law or Act which officially declares sports betting to be illegal in India. The matter is dubious. Due to this reason, the states in India make their own rules regarding betting.
While some Indian states consider betting to be illegal, you can legally participate in online sports betting in other states.
The betting market in Indian is unregulated, but it is not explicitly illegal. India is still under the process of regulating the betting market.
So, as of now, betting is legal in most of the Indian states and illegal in few states. You need to check the local as well as state-wise regulation before you start betting on sports.
Online Betting Odds:
Odds are nothing but rates in betting. It is one of the most important factors in online betting. Without defining the odds, one cannot place the bets. However, there are different types of odds available in the Indian betting market. Here is how the odds work.
- American Odds:
This type of odds is quite popular in America. It is mostly used in football. There are odds given to each team. One team is favoured while the other is the underdog. The underdog team will have a + sign, whereas the favoured team will have a – sign.
For example, if Team A is +110 and Team B is -150, then you need to bet INR 100 on the underdog team to win INR 150. However, if you bet on the favoured team, you need to bet INR 110 to win INR 100.
- Decimal Odds:
This type of odds is in decimal form. It is very popular in India. Most of the betting sites in India use this type of odds.
For example, if the odds are 3.5 and if the stake amount is 100 INR, you will get (3.5 X 100) – 100 = 250 INR when you win the bet.
- Fractional Odds:
This type of odd is in fractional form. It is also known as UK odds. It is very popular in Europe. Moreover, it is also very common in the Indian betting market.
For example, if the odds are 3/1 and if the stake amount is 100 INR, you will get 100 X (3 + 1) = 400 INR when you win the bet.
How to Choose an Online Betting Site in India?
There are many different types of betting sites available in India. So, you need to be careful while choosing a site. Here are some of the factors you need to consider while choosing an online betting site in India.
- Payment in INR Currency:
The first thing you need to check is whether the site accepts payment in INR currency. If you are betting in India, you will likely deposit as well as withdraw money in INR. So, you need to check the payment method first.
- Licensed and Regulated:
Make sure the betting site is licensed and regulated. The license should be from a valid authority. It will help you to know whether the betting site is safe and trustworthy.
- Popular Indian Sports:
You also need to check if the betting site covers all the popular Indian sports like cricket, Kabaddi, etc. It should cover all the sports which are popular for betting in India.
- Betting Markets:
There should be a variety of betting markets with the site. For example, if it is cricket betting, there should be different types of bets available.
- Bonuses and Promotions:
You also need to check if the betting site offers good bonus and promotional offers. There should be a decent welcome bonus for users.
How to Bet Online in India?
If you want to learn how to bet online in India, follow these steps. We will show you how to use an online betting site to place bets on sports.
- Step 1: Choose a safe and secure online betting site in India.
- Step 2: Register your betting account with the site.
- Step 3: Deposit money in your betting account by using any of the payment options.
- Step 4: Claim welcome bonus.
- Step 5: Check the sports section and choose the betting event of your choice.
- Step 6: Choose the betting market, check the odds, put money at stake and place the bet.
Online Betting in India FAQ:
How to deposit money to a betting site in India?
In order to deposit money, you need to log in to your betting account, go to deposits and choose the appropriate method to make the payment.
How to know if a betting site is safe?
You need to check the gambling license as well as the safety and security features of the site. You can also check online reviews.
What type of sports is available for betting in India?
You will find all types of popular sports like cricket, football, tennis, horse racing, basketball, golf, e-sports, etc.