Betting On Cricket In India – The most popular sport in the world is football and it is true that it is enjoyed by many countries including the United Kingdom, Ireland and Australia. It is also very popular in India but nothing beats cricket in terms of popularity and it has been said that cricket is also the most contributed sport in the country.
MyBetting reported last year that around 140 million people regularly participate in betting in India, while 370 million people bet on major events. 80% to 90% of these bettors bet on cricket and when it comes to major events, most of them bet on Indian Premier League and ICC Men’s T20.
Betting On Cricket In India
From these numbers alone, it’s obvious how big cricket betting is in India, but what does it offer? What is it about cricket betting that makes many people in the country enjoy it so much? Let’s find out, shall we?
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Many of the best international cricketers hail from India. Because this very sport is introduced to Indians at a very young age. Cricket clinics are widespread in the country and it is a sport that people of all ages can be seen playing on the streets.
One of the biggest cricket tournaments every year is also held in India. The Indian Premier League is something that not only locals but also cricket fans from all over the world would watch.
India has also been successful in ICC global tournaments. The national team won the Cricket World Cup in 1983 and 2011. In 2007, India also managed to win the T20 World Cup. They have also won the ICC Champions Trophy twice which happened in 2002 and 2013.
Although they haven’t won any tournament, India are always among the runners-up. They are simply a tough opponent in the world of cricket.
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And with India doing well in tournaments, more locals will be attracted to the next round of cricket. Youngsters aspire to become great cricketers one day and many are constantly working to get into professional teams to bring glory and of course enjoy how luxurious the industry can be.
Many are also attracted to cricket betting because it is an easy way to make a profit or simply make some extra money. It’s a fun activity that you can earn money from, so who doesn’t like that?
Of course, India also loves gambling. Apart from cricket betting, card games are also very popular. Hence, traditional Indian card games like Teen Patti and Andar Bahar are gaining popularity worldwide.
Even people outside the country would bet on cricket events. This is because cricket is a fairly simple sport. It’s easy to play, therefore easy to understand. International cricket tournaments are also gaining more and more popularity.
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Also, if you choose to focus on cricket betting, you will love that there are major cricket events throughout the year. Cricket has one of the busiest calendars, so if you want to make a profit, this is just perfect. There is no need to wait for the end of the off-season as the major cricket leagues are usually back-to-back.
Cricket betting has grown considerably in recent years. This is mainly due to the Internet. Thanks to online sports betting, it’s now easier to bet. Since online betting is gray in India, many can participate in it.
Until now, the 1864 Public Gaming Act has been the basis of gambling regulation in the country. This law is so old that there is no mention of it on the Internet. You might think that the Information Technology Act 2000 also mentions online gambling, but it doesn’t.
Hence, Indians can bet at offshore casinos anytime without any hassle. Many prefer to bet online as gambling is regulated only in three states of India namely Goa, Sikkim and Daman. Of course, not everyone would want to travel to these places every time they want to bet.
Why India Is The Best Country For Online Cricket Betting?
Internet connectivity in India has improved so much over the years. More and more people have access to the latest mobile devices. For this reason, most online bets are made by mobile phone users. This is why online bookmakers are now launching betting apps. Those who don’t make sure their site is optimized for mobile use.
The cricket betting industry is estimated to be worth US$150 billion. GiiResearch reports that it is expected to reach $182 billion by 2030, with a CAGR of 10.2%.
Cricket betting is unlikely to go away in the coming years. India continues to enjoy cricket and betting naturally comes with it.
Get the highest odds available for today’s cricket matches on the RajBet online betting platform. Free bets for new players, easy deposit and withdrawal interface, 24/7 support. India’s position on gambling has been quite open. Laws, rules and regulations created to control the gambling industry are open to interpretation. Betting is restricted in India from 2022, but some laws do not apply to online cricket betting.
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Is offline cricket betting allowed in India? The answer is no. The government completely bans all cricket betting in offline mode. This is a punishable offence. If caught, it can be a huge fine and several years in prison. The law is clear on this.
However, when it comes to online betting, things are different in India. Internet betting is a state affair. According to the central government, if an online casino operates outside India and allows Indian players to place bets or ‘Satta’ on cricket matches in Indian currency i.e. Rupees, the cricket betting is legal in India. It may become illegal if the state where you live or where you live prohibits it.
There are three main gambling laws in India and to understand whether online cricket betting is really legal, you need to look into all three. The Public Gambling Act of 1867 is the first law of its kind to prohibit the operation of a public gambling house. It is a central law, which means it applies throughout the country. If someone is found operating a public gambling house, they will be fined and sent to prison.
It bans all offline cricket bookies or Satta offline cricket bazaars in India. Some games that are classified as games of skill get a break here. For example, rummy, where players can show their skills. However, no leniency is shown towards gambling which is cricket betting.
Online Cricket Betting In India
Next comes the Prize Competition Act 1955. This law restricts gambling activities that result in winnings or prizes. This means that prizes above 1000 rupees cannot be awarded even for solving crosswords, riddles, numbers, crosswords or similar games.
When these two laws were enacted, betting on cricket was almost impossible as offline bookmakers were banned and the online casino industry was still in its infancy. Finally, with the Information Technology Act of 2000, things started to look brighter for contributors.
This law regulates cyber activities in the country. Since it doesn’t talk about betting or gambling, the question of whether online casinos are legal or not is a matter of interpretation.
After the Information Technology Act of 2000, the central government did not try to clarify anything about internet gambling. Since the other two laws are still in place, offline gambling is excluded. So what about online cricket betting in India.
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Well, the answer is yes. If the casino is located and operating in a foreign country, you can bet on cricket online in India. In addition, the casino should allow betting in Indian rupees and the betting should not manipulate the outcome of the game.
Once these conditions are met, you can bet on cricket online. However, there is one more factor that you need to consider and that is the state permit.
Since the Center has not taken a firm stand on online gambling, the final interpretation of the law has been left to the states. Therefore, if any state decides to ban online gambling, it is considered illegal in that state.
If the online casino follows the rules set by the central government and the state allows it, betting on cricket in India is legal. Before you start depositing money, make sure you are on a regulated platform. You must be at least 18 years old before registering.
Online Cricket Betting In India
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Due to the growing passion and love for cricket, there is a pool of betting sites in India
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