‘Betting’ in india has always looked upon with suspicion by people. Although the history of ‘betting’ in some form or other dates back to centuries, the legality of it has always been a topic of discussion. Technically, there is no prohibition on any platform that allows people to place bets, but acts like Public Gambling Act (1867) address some rules and regulations regarding it.
In today’s time with advent of internet, the world of betting has also undergone tremendous transformation and new terms like ‘Online Betting’ have evolved. There are no formal guidelines regarding this and hence many players are providing betting opportunities to people across India. Websites and apps like Bet365, Betway, 10Cric, LeoVegas, Dafabet, 1xbet, 22bet, bodog, Betwinner, Royal Panda, Unibet, 888sport, KTO, sportsbet.io offer sports betting in India at the moment.
Sports Betting in India
The sports betting culture of India has also evolved over the years with advent of technology. Earlier, betting over the phone was a popular activity but now online sports betting has taken over the majority of the market.
If we talk about the sports culture of India, cricket comprises of the large chunk of the market. As more and more people are connecting digitally with the game in the form of platforms like, Dream11, the interest in online betting is also rising.
According to various stats, the total betting market in India is thought to be worth Rs 3-4 lakh crore (Rs 3-4 trillion). If we talk about the way people are placing their bets, a large number of them place their bet with illegal street bookies. However, many licensed international websites are providing safe and secure platform for it.
IPL – A Phenomenon
IPL has given a new atmosphere to entire sports culture in the country. In less that 10 years of its inauguration, IPL has become the largest cricket league in the world. A total of 462 million viewers watched coverage of the matches, provided by Star India, in 2019.
With this kind of massive attraction, there is doubt to the fact that it attracts a lot of betting interests.
The schedule of IPL 2020 was recently announced by the BCCI. The first match of the league will be played on 29th March and the final will be played on 24th May.
Spanning over 57 days, the tournament will see a battle among 8 teams, fighting for the trophy.
If you are interested in cricket betting, you should check out our list of cricket betting websites & apps in India.