ONLINE BETTING IN INDIA
The gambling laws in India have divided betting activities into two major types:
Games of Chance
Games of Skill
So what exactly are games of chance?
Games of chance refer to betting on an outcome that the player has no control over. Let us explain that with an example.
Say you are at a casino and would like to play on a Slot machine. You take your seat, put in your bet, and start playing. However, the outcome of your bet is purely based on your luck! No amount of skill or knowledge on your part can help you win your wager on a Slot machine or similar games such as Roulette.
Even without formal laws that regulate online betting sites in India, the Indian betting industry is estimated to be worth $60 billion! And it is all thanks to the Indian passion for wagering on fun card games as well as our undying passion for sports such as cricket!
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How Do I Bet On Cricket?
We have written an in-depth guide on how to get started with cricket betting online. You can read it in full here: how to bet on cricket
How to Bet on Cricket - the Quick Version:
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Create an e-wallet account (~5 minutes)
- Send money to the e-wallet account (~1-3 days)
- Create an account at Bet365 (or another trusted bookmaker) (~10 minutes)
- Deposit funds from e-wallet to Bet365 (~2 minutes)
- Place your bets at Bet365
There are plenty of variations to this method where you can use other deposit options, choose other betting sites and so on, but the basic process is the same for whatever way you choose to get setup.
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Is Cricket Betting Legal?
It depends on which region you are living in. Regions like the UK for example have fully legalized online betting and you can create an account, deposit money, bet on cricket and withdraw your winnings without any problems.
Other places, like India for example, it is more of a gray area. Here the laws don't explicitly state that it is illegal and this varies by region. Still there are plenty of betting sites that allow you to bet with real money online. It is hard to enforce such a law, and many countries don’t even do it, but if you decide to go ahead with betting anyways understand the risks that you are taking on. Always read up on your local laws regarding online betting.
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Why do I have to send ID documents to the betting sites?
This is completely normal and should not leave you worried. The betting sites needs to comply with laws and regulations in their country they operate from and they need to make sure there are real people that are behind the accounts being made. This is to stop money laundering, funding of terrorists and other illegal activites.
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How Do I Choose the Best Cricket Betting Site?
Deciding on which site you want to use for sports betting is as simple as figuring out what you want from a bookmaker. If you are from India, Betway a top choice as far as cricket betting goes. You want to bet using a specific currency, like Indian rupees for example? No problem! Bet365 can accommodate your needs.
We have written reviews on most of the popular online sportsbooks and we have listed those that have been given the highest rating by our team in the table above called 'Top Bookmakers'. You can get a quick glance of their standing with us, their welcome offering, link to our full review of them and a link so you can visit their site. If you want to just get started you can find one you like the look of above and start betting on cricket right away!
There are several different factors to consider when you are researching a bookmaker, for example:
- Can you trust them with your money?
- What bonus and promotions do they offer
- How many different betting options do they have
- Do they offer good odds
- Will customer service respond if you have any problems
- Is the software functional
- Do they have the correct banking options
- Do they accept players from your country
If this seems like a time consuming job, thats because it is. But you can relax, we have done a more in-depth study of the sportsbooks we use to bet on cricket online on this site. Go to our cricket betting sites page for an overview over the online sportsbooks we have tried and tested and read our review of them. We talk about the most important features of them and what we like about them in that section.
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Can You Win Real Money Betting On Cricket?
Yes, you can! But will you? Sadly, probably not. Sports betting is a business for the operators that offer it, and they are not doing this just for the love of the sport. That means that you have a big hill to climb in trying to outsmart someone that is making boatloads of money on losing bettors and employ hundreds of people to make sure the odds is set correctly.
For you to end up a winner cricket betting you need to have patience, bet within your means and have a knack for analyzing betting odds. You cannot rely on simple systems or go with your gut on games, that is not enough to outsmart bookmakers with their huge databases of statistics and knowledge of the sport.
But even though you are probably not going to win, that does not have to make a difference. We are not winners on every sport we follow and most of us even keep a "fun-fund" where we just place bets for fun and try to put our wits to battle with the best oddsmakers in the hopes of winning. It is a lot more fun than grinding away at betting. Sure, we might be losing money, but what kind of entertainment doesn't cost money? And that is what betting should be: entertaining and fun!
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How do I deposit money online?
All the different countries and regions around the world have their own laws and regulations when it comes to online betting. Betting is legal in the UK for example, but illegal in the US, but not on a state level. Some states are opening up for online gambling, but this brings aboard a whole nother set of problems. The same goes for a region like India where the laws are still unclear and some regions allow it while others don't.
What is clear though is that depositing and withdrawing funds from betting sites online can be a hassle depending on where you are from. Using your credit card(s) is quite easy, but sometimes there are fees attached to this and not everyone is comfortable giving out this information to websites. That is why we recommend to use ewallets. These are forms of internet bank accounts (or ewallets) that function just like a normal bank account, but they are operated purely online. The big advantage with these is that they are swift in depositing and withdrawals and have low to none fees associated with them. Makes life as a bettor a lot easier.
We recommend that you check out some of these options:
- Neteller
- Skrill
- Bitcoin
- PayPal
If everything else seems to fail and you are unable to deposit funds you can always ask the customer service at the site you are trying to deposit at for help, they will usually know best what could be the issue and which option would be the best for your situation.
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Is online betting legal in India?
Yes. No one has been arrested for online betting in India and there are no laws that are explicitly making it illegal.
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Is Gambling Legal in India?
The gambling laws in India can be somewhat confusing. This is due to the uncleared distinction between "Skill games" and "Chance games". Gambling on Games of chance is prohibited by Indian law, whereas gambling on Games of skills is permitted. It can be difficult to identify whether a game is a chance game or a skill game.
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Where Is Gambling Legal in India?
Currently, Sikkim is the only state that has formally legalized online casinos, though other states have legalized gambling in other forms. For example, Goa and Daman allow lotteries and Maharashtra have legalized betting on horse races.
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Which Documents Do I Need to Sign up with an Online Gambling site in India?
You’ll need to provide your correct personal information, such as your name, age, and address, as well as your Unique Identification Number at minimum to deposit real cash into an Indian online gambling account.
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Which Currencies Are Accepted at Online Casinos in India?
Most online casinos currently only accept deposits in the form of pounds, US dollars, and euros. A few may accept rupees, but because this policy is rare, we highly recommend checking for licensing info for any casino that accepts rupees before you sign up.
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How Do I Deposit Cash into an Indian Online Casino Account?
Because most online casinos don’t accept rupees, you might need to convert your money into an accepted currency using an e-wallet such as Neteller or Skrill. Generally, the smallest deposit required to open an account and play for real money is $10, or around 700 rupees.
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How Long Does It Take to Play with Real Money at an Online Gambling site in India?
Assuming that you already have an e-wallet with an accepted currency, you can usually deposit money into your account and start betting on casino games in less than 10 minutes.
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How Long Does It Take to Withdraw My Winnings?
How long it takes to claim your earnings depends on your withdrawal method and the casino that you choose. However, when using an e-wallet, you can expect to wait a few days for your withdrawal to be processed by the online casino. Once processed, it might take up to a week for the funds to appear in your account.
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How Do I Choose Which Online Casino Game to Play?
You’ll need to provide your correct personal information, such as your name, age, and address, as well as your Unique Identification Number at minimum to deposit real cash into an Indian online gambling account.
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Can an Online Casino Withhold My Winnings?
In most cases, you shouldn’t have any trouble withdrawing your earnings provided that you signed up to a regulated online casino using your real personal details. However, you may be asked to provide additional documents to prove your address and age if a casino is unable to verify them with the details that you used to sign up.
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What’s the Difference Between Live Tables and Lobby Tables?
Many online casinos in India allow players to join a table at a real casino, also known as live casino. You can also join virtual tables with real players from across the globe in real-time.
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What is real money online gambling?
Real money online gambling is when you have an account at a gambling site and you are playing for real money and have the chance to win real money. This is to differ from the "free to play" option that many gambling sites have.
