Betting in India has been a hot topic of discussion for a while. States like Goa and Sikkim have it legal, whereas, the rest of the country has no regulation over gambling and betting and that gives a window to the gamblers to gamble.
India unarguably features in the list of top 5 biggest countries in terms of revenue generated from gambling and betting. If you are interested in betting, I am sharing some facts, figures and ways related to betting in India.
Active players in India: 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
Interesting facts about betting in India
- Despite not being legal, Indian authorities have never taken an action against anyone indulging in online betting.
- The online betting sites accept most banks and cards issues in India.
- 80% of all betting revenue in India is generated through cricket betting
- A new betting law was proposed in July 2018 that has yet to be put into vote
Best betting sites in India
Some of the most popular betting sites in India include the likes of 10Cric, Bet365, Betway, Royal Panda etc. You can also compare betting sites in India.
Types of Betting:
There are certain types of betting available in India as of today, which include cricket betting, football betting, tennis betting. Tournaments like IPL and ISL have contributed a lot in popularizing sports betting in India and also, Pro Kabaddi League has ensured that India has started to know Kabaddi as a popular betting sport. Indians also bet actively on badminton games.