Let’s say two different sites are offering betting odds on India to win against New Zealand in an ODI. It’s essential for online sports betting though, as the better the odds are, the more cash you’ll make if you win. It’s also true that any online betting site that accepts Indian customers has to pay tax to the Indian government, providing a valuable source of revenue.įinding the best betting odds for online betting in India can take a lot of groundwork. Many have felt that the illegal Indian bookmaking industry has led to crime, corruption and money laundering and that online betting is a far better alternative.
It’s not ‘legal’ as such, but it’s also not illegal to do it so any Indian customer can have an online account. So essentially, o nline betting in India is a ‘grey area’ and the last few years has seen Indian betting companies and non-Indian ones welcoming Indian customers to their site. But because it was written long, long before the invention of the internet, online betting wasn’t covered by it. Gambling in India is dictated by The Public Gambling Act of 1867, which prohibits most forms of gambling. Despite India’s historical obsession with betting on cricket, the wide availability of the internet and the heavy use of smartphones, it took time for online betting in India to be embraced compared to other countries.
