The sports betting industry has emerged worldwide as a multi-billion dollar industry. It refers to a type of gambling done by placing a wager on the outcome of an event related to sports. The world of the sports betting industry is ever-evolving and has grown into popularity with the advent of new technologies. A revolution has been witnessed through the growing popularity of online sports betting sites. Investing in these bets is attractive, but have you wondered if sports betting is legal in India?
Is online betting legal in India?
Several legal experts convey that online betting is not illegal, and there are no formal regulatory bodies for it. It should be noted This is the most direct and compact answer to the vital question, Is online sports betting legal in India?
Sports Betting companies avoid any legal actions by structuring their operation, so they do not invade the law. They mostly use the offshore license and observe prohibitions that are necessary too.
What are the various laws related to online betting in India?
Many online sports betting sites experience a vast response from Indian bookmakers, but which are those laws that do not make sports betting legal in India? However, The overview of territorial legislative regulation and the Public Gambling Act is as follows:
1. Public Gambling Act:
The Public Gambling Act of 1867 was passed with the view that gambling houses and casinos are prohibited. However, there is no mention of a complete ban on the participation in online betting and on the organization involved in online betting too.
2. Telangana Gambling Act:
This act bans casinos and betting shops. However, the 2017 Act does not mention any restrictions on online activities.
3. Online sports betting in Maharashtra:
Online sports betting hangs in a “gray area” for the state of Maharashtra in India.
4. Sikkim Online Gaming (Regulation) Act:
Sikkim has legalized sports betting in its state since 2008. The Sikkim Online Gaming (Regulation) Act offers regulations on online sports betting but does not ban it.
5. Andhra Pradesh Gambling Act:
This act completely bans the practice of gambling in all forms, but without mentioning online betting.
6. Karnataka State Police Act:
The Karnataka State Police Act prohibits any land-based establishments from gambling without mentioning online betting.
7. Online sports betting in Uttar Pradesh:
The state of Uttar Pradesh regulations bans all forms of offline betting without mentioning online betting.
8. Union Territory of Goa, Diu, and Daman:
This was the first to put legalization houses of gambling.
Most popular Legal Online Betting Platforms in India
Some of the most popular online betting platforms emerging in India are as follows:
1. Marvel Bet
MarvelBet, which had initially started as a small site, now grosses the highest as India’s top online casino. Moreover this site is dedicated to giving its players a comfortable and secure experience. In addition This site has been licensed by Curacao authorities and was initially launched in 2017. Undoubtedly The site has its major focus on Kabaddi and cricket sports betting. Some of the unique features of MarvelBet are listed as follows:
- Live broadcast of Casino games worldwide.
- Easy signing up
- Hindi Roulette and 777 slot games
What are the pros and cons of MarvelBet?
- Sizeable welcome bonus
- 5% weekly cashback
- Convenience of payment
- In-game and odds
Crickex is popular for providing bets on cricket tournaments such as T20, IPL, CPL, and many others. The highlight of Crickex is its cricket betting, which also serves as the best online casino. However, Some of the noteworthy features of Crickex are listed as follows:
- Live Chat support
- A wide variety of payment options
- ‘Live’ tab for viewing all upcoming and current live sports betting opportunities
What are the pros and cons of Crickex?
- Over a limited number of sports, it offers ‘in-play betting’ on its sportsbook.
- No additional cost on withdrawal by Crickex.
- It has the option of only a few sports betting markets.
- Crickex is unavailable in other countries.
Without a doubt, JeetWin is a user-friendly website and has a variety of games. It bills itself as a top real money online casino in India and has an option of live casino games. One can also gain access to live-streaming roulette and classic games like baccarat.
- INR Withdrawals and Deposits
- Variety of games
What are the pros and cons of JeetWin?
- Speedy Withdrawals
- Excellent Customer Support
- Acceptance of only one currency
The Final Words
Gambling laws can be confusing to answer the question, are sports betting legal in India? However, Online sports betting is not illegal in India as there are no mentioned formal regulations that control its operations.
Nevertheless, one should practice online betting with a proper license on a licensed online betting platform to avoid any troubles. So, do use this guide whenever you plan to test your luck on online sports betting sites.