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What You Need to Know About Online Betting in India
Is sports betting legal in India?
Since there are no federal laws against online betting in India or official regulatory bodies, legal experts believe that betting is not illegal, with the exception of a few states. The only law related to gaming in India is the Public Gaming Act of 1867 which does not mention online betting.
According to this act, each Indian state can decide for itself if it will legalize or ban games of skill and chance. But, there’s no law that forbids sportsbooks and sites based outside of India to offer their services to Indian players. This places online betting in India in the legal grey area.
The difference between games of skill and chance
A game of skill is a game in which players can increase their own chances of winning by learning more about the game. By this logic, betting is allowed, because the more you learn about a particular sport, teams, their stats, etc., you increase your chance of winning a bet.
On the other hand, a game of chance is a game in which players have absolutely no impact on its outcome. So, no matter how much you study the game, you can never affect the outcome. However, since online sportsbooks are not based in India, none of these games are illegal.
Online betting laws in India
There are no specific laws regarding online gaming in most Indian states, making it legally a grey area. While many bookmakers are offering their services to Indian bettors, so far, there have been no legal records of the government prosecuting or charging Indian players for online betting, so you can sign up and place bets without any worries.
The government is aware that every day millions of Indians bet online, but they still haven’t decided to make any laws for legalizing online gaming. The bookmakers just have to follow two rules: they should allow payments in Indian rupees, and they may not operate on Indian territory unless they have been specifically allowed by individual states.
Each state can decide whether it will ban, legalize, or stay in the legal grey area. Following that, Andhra Pradesh has banned all forms of gambling under the Andhra Pradesh Gaming (Amendment) Act of 2020.
Similarly, Telangana has banned all types of gambling including online gambling and skill games under the Telangana Gaming Act of 2017. However, the state is in the process of reviewing this decision.
Will online betting in India be regulated soon?
This is very possible, since the government has already started working on the issue and proposed the The Online Gaming Regulation Bill of 2022. According to the bill, India will establish an Online Gaming Commission responsible for issuing gaming licenses, stipulating laws and rules, and overseeing all gaming activity in India.
Regulating online betting and gambling could be beneficial to India since the country could have great financial gains from taxing Indian players. Having clear laws and a comprehensive regulatory framework would make it a lot easier for Indian players to understand what is legal. However, this will take some time.
Is Online Betting Taxable In India?
Yes, online gaming winnings are taxable in India, under the Finance Act of 2001.
Everything you earn while betting and gambling online is subject to income tax. According to section 115B of the Income Tax Act, these winnings are considered “income from other sources.”
There is a flat tax rate of 30% excluding a cess of 31.2%. And if the winnings exceed ₹10,000, you’ll receive the money after TDS (tax deduction at source).
So, let’s say you win ₹20,000 while betting on your favourite cricket team. You’ll get ₹13,760 after deducting the tax.
How to Choose the Best Online Betting Site in India
Safety and Security
Since gaming is still unregulated in India, you should be very careful when choosing a bookmaker. The safest sportsbooks available in India should have a license from Malta, Curacao, or the Virgin Islands.
Markets and Odds
Pay close attention to which markets a sportsbook offers and which sports you can bet on. The best betting sites should offer competitive odds for all markets, not just for the most popular sports.
Indian Players Accepted
To offer their services in India, offshore bookmakers have to deal in the official Indian currency – Indian rupees. So, if a sports betting site doesn’t offer this option, we recommend looking for another one.
Every good betting site should have a professional and knowledgeable customer support team. They would ideally be available 24/7, through a live chat and email, but an FAQ section is also appreciated.
The perfect betting site should offer a decent number of deposit and withdrawal options, such as UPI, Paytm, PhonePe, bank transfers, cryptos, etc. Furthermore, transfering your money should be quick.
Bonuses and Promotions
Always check the welcome bonus and its conditions. See if there are any other bonuses and promotions like weekly lotteries, competitions, birthday bonuses, bet boosts, odd boosts, free bets, and so on.
Legal Betting Apps in India
Thanks to mobile betting apps, betting and playing your favourite casino games on the go has never been easier.
Almost all of the best sportsbooks offer an app that will allow you to bet anywhere you are.
They will also very often offer exclusive bonuses or games for app users, which you shouldn’t miss out on.
Our experts have tested and reviewed the most popular ones, so make sure to read our detailed betting app reviews.
Different Bet Types
Moneyline is the simplest and most common bet type. This is a basic bet where you wager on which team will win the game.
Point spread is most popular for basketball and football. With this bet, you wager on how many points a team will lose or win a game.
With this bet, you wager on the total points scored in a game and if that number will be over or under your bet.
A parlay bet or accumulator is when you place more than one bet and combine them into one wager to get a bigger payout.
You can place live bets during a game or event. This gives you an opportunity to make a good wager while the game develops.
A prop bet is not tied to the score of a game, but to a player or event. The first player to score, first touchdown, overtime, etc.
How to Get Started With Online Betting in India
Once you’ve selected the right sportsbook for you, you’ll have to register so that you can place a bet. The process is usually very quick and simple and requires you to share some personal info, like your name and address.
Next, you’ll need to deposit money into your account through one of the offered banking methods. Follow the instructions to complete the deposit and make sure to claim the welcome bonus and use all the promotions.
Place a Bet
The moment your account is verified and the money is deposited into it, you’ll be able to place a wager. Find the event you want to bet on, check the odds, fill out the slip with your wager, and place your bet. Good luck!
Best Features On
Indian Sports Betting Sites
Not many betting sites offer live streaming, so when you come across it, make sure to try it out, since it’ll take your betting experience to a whole new level.
Cashout is a great feature that allows you to close your bet before the game or event is finished, and decrease your loss. Some sites offer full, others partial cashout.
Some bookmakers offer detailed stats and scores on teams, players, and events. You can use this feature to learn more and increase your chances of winning.
Most betting sites have a dedicated mobile app that will allow you to place a bet, deposit money, and withdraw your winnings no matter where you are.
Online Betting Tips
Make sure to choose a betting site that’s licensed at one of the major gambling commissions, like Malta or Curacao. Doing this will ensure that you’re not participating in illegal betting and all your winnings will be processed safely since all licensed betting sites take several safety measures.
Take Advantage of Bonuses
All major sportsbooks offer welcome bonuses and promotions such as bet boosts and free bets. While you shouldn’t choose a betting site solely based on the bonus it offers, make sure to use all promotions you’re eligible for. They’ll help you earn more, and sometimes you won’t even have to wager your money.
The most popular betting sites almost always offer competitive odds. so be sure to check them and compare before placing a bet. The difference between odds may not always be big, but it could make a huge impact on your bet slip.
Try Different Sportsbooks
It’s okay to have a favourite betting site, but don’t limit yourself to only one sportsbook. There isn’t only one best bookmaker. Different sportsbooks offer different promotions, odds, features, and markets, so make sure you try as many as possible. Registering with more than one site will expand your options.
Best Casino Sites in India
Our favourite online betting sites also offer great casino games!
Frequently Asked Questions
🏆 What site is best for betting in India?
There’s not only one betting site that’s best for everything and everyone. It majorly depends on what you need. For example, Bet365 has a great cricket betting market and offers HD live streaming. On the other hand, 22Bet is the best option for football fans and players who prefer betting using cryptocurrencies.
💶 How do I deposit money on a betting site in India?
All major betting sites accept Indians’ favourite UPI and eWallets like Neteller, Skrill, ecoPayz, and others. Then, there’s the option of using debit, credit, and prepaid cards, as well as bank wire. Finally, some sports betting sites allow depositing cryptocurrencies.
⏱️ How long does a withdrawal take?
This depends on the banking method you use. UPI and eWallet withdrawals usually take about 15 minutes to several hours. Withdrawing to your credit or debit cards might take 1–5 banking days, while bank transfers can take anywhere between two to ten banking days.
💳 What are the best methods for depositing and withdrawing money?
The best banking options depend on your personal preferences, but we’d say that eWallets and UPI are the best options for most Indian bettors, mainly because they provide fast and secure transactions.
💰 Where can I bet using Indian rupees (INR)?
Any betting site that wants to offer its services to Indian bettors has to be based outside of India and accept Indian rupees. So, you can bet using INR at all legal betting sites in India.