India is one of the most popular places where people bet money. Online gambling is legal in India, though it’s still very uncommon. There are many different types of sports betting sites in India, such as football betting sites, horse racing betting sites, cricket betting sites, etc. In this article we review the best betting sites in India and tell you what makes each site special. We compare the main benefits of each site and provide you with information about how to deposit and withdraw money. You can use our reviews to find out whether a particular site is trustworthy or not.
In India, don’t we have a large middle class population with a disposable income and a passion for sports? (Hint: no is not the correct answer!) A survey conducted by Zinnov Research says that 40% of Indian internet users like to bet on sports. And though the existing legal framework makes online sports betting illegal, nothing can stop us, right?
The illegal gambling market in India, according to a report published by iResearch, is worth more than Rs 70,000 crore ($10 billion), growing at a rate of around 7% every year. This includes both legal and illegal forms of gambling. Sports betting alone accounts for about half of the total.
If the legal framework has failed, and if it is unstoppable — why not regulate it so at least some of the illegality can be curbed? The government could set up a regulatory authority responsible for monitoring the industry, ensuring transparency, preventing money laundering, etc.