Online betting has become extremely popular in the past couple of years. Millions of people started choosing online bookies over the land-based ones, due to the number of advantages that they have. Better odds, great security, tons of promotions, 24/7 availability, and access at any time and place are just a few to mention.
India is one of the most sought out markets when it comes to online betting, especially when cricket is involved. As you know, this sport is the most popular in the country and thousands (sometimes even millions) of people access online bookies daily to place bets on their favourite teams and players.Â
Since betting on cricket online is a very popular activity in India, we wanted to take a closer look at it and name a thing or two that you should know about this process. Let?s begin.
Betting on Cricket Online in India
Like we mentioned above, cricket is by far the most news-worthy sport in India. Many people are searching for online bookies each day. But, there are a few things that you should know about them. Firstly, not all of them are credible and trustworthy. Some sites are scams, which is why you need to be careful when picking the bookie. Make sure that the site is licensed and regulated before providing them with your private data.Â
Secondly, the offers vary from one bookie to another. Some have better odds than others. That means that you should find the bookie which suits your needs. For those that are already in the process of searching for a bookie or are interested to check which ones are the top-rated, we have a list of the best sites when it comes to betting on cricket online in India.Â
These online bookies have numerous accepted currencies, payment methods and great bonuses as well. They are definitely worth a check if you plan to wager your money.Â
Is it Regulated?Â
The answer to this question is yes and no. According to the Public Gambling Act of India, online betting and online gambling are forbidden. But, the problem is that the Act is 200 years old and it does not have any specific regulations for this activity. While Indian-based bookies and gambling sites cannot operate, offshore sites are free to offer their services to the Indian people.Â
The lack of regulation allows many players to access these sites without facing any problems or charges. That is why Indians don't care if it's legal or not. But, in some cases, controversy can be sparked just because the lack of regulation leaves many people confused.
Here?s a story which will help you understand better. Recently, Virat Kohli, a famous cricketer, was promoting online gambling sites. He faced some criticism for that move and even a petition to put him behind bars came to life. But, the question is, should he face this kind of criticism?Â
After all, research has shown that more than 60% of India?s population have placed bets or gambled online at least once during their lifetime.Â
To help you understand the situation a bit better, here?s a statement by Fredrik Brannlund, Co-Founder of ENV Media "It's understandable to see such a dramatic backlash towards these promoters of online gambling, however demonizing the industry as a whole is not the answer. People will always find a way to gamble and it is, therefore, of much more benefit for India as a whole to be consciously aware of this and start introducing regulations to the industry."
It?s also interesting to mention that apart from online betting on cricket, Indians also love betting on horses. You can find the latest tips on this link. There are many races to choose from, the odds are fantastic, and the tips may help you a lot.Â
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