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Is Bet365 Legal in India?
Is Bet365 Legal
Betting has been in the legal grey area for a very long time, and it keeps confusing bettors all over India.
So, to solve this issue, we’re answering one of the burning questions — is Bet365 legal in India?
Read on to discover!
Is Bet365 Legal in India?
Yes, much like bookmakers such as Parimatch, 22Bet, and 10Cric, Bet365 is legal in India, with the exception of Telangana and Andhra Pradesh which have banned all activities related to online betting.
However, so far, no one has been legally prosecuted or punished for online betting and gambling in India.
All other states allow online betting and gambling as long as the players are using a sportsbook or an online casino based outside of India that accepts payments in INR.
These casinos and sportsbooks are also known as offshore operators.
As an offshore sportsbook, Bet365 is perfectly legal for Indian players (provided they’re not in Telangana and Andhra Pradesh).
Bet365 is widely recognised as one of the best online sportsbooks in the world, offering competitive odds and a wide range of betting markets.
Additionally, their fast payouts and reliable customer service make them one of the most popular bookmakers among Indian players.
Why Bet365 Is Legal in India
As an offshore operator, Bet365 is not tied to outdated Indian laws that ban land-based gambling.
They are also licensed and regulated in their own jurisdiction, providing a secure and safe environment for players to place bets on various sports and events.
Bet365 adheres to the highest safety and security standards.
Additionally, all funds deposited into your betting account are held in separate accounts for maximum protection.
Furthermore, Bet365 complies with Indian laws, so you can rest assured that your deposits and winnings will always remain safe when using their services.
In addition to the security aspects, Bet365 offers competitive odds, a wide range of sports events and markets, and generous promotions for both new and existing customers
Is Bet365 Safe?
Yes, Bet365 is one of India’s safest and most trusted sportsbooks.
In addition to all the security measures we mentioned above, Bet365 also uses the latest encryption technologies to ensure that all banking options are secure.
Furthermore, they employ sophisticated fraud detection systems that will recognise any suspicious activity on your account.
Bet365 is regularly audited to ensure complete safety by independent third-party companies such as eCOGRA and TST.
This is done to certify their random number generators (RNGs) are fair and honest.
Is Bet365 Blocked in India?
Bet365 is not blocked in India and is freely accessible to players.
However, it is essential to note that some banks may block transactions related to betting or gambling.
This is why checking with your bank before making any deposits into your Bet365 account is recommended.
Is Bet365 Taxable in India?
Yes, all sports betting winnings are taxable in India.
According to section 115BB of the Income Tax Act, all earnings from online betting and gambling attract a flat 30% tax rate without cess.
That rate grows to 31.2% when the cess is included.
The Future of Bet365 in India
Despite its current legal status, the future of Bet365 in India is uncertain.
The Indian government is currently considering how to deal with offshore operators like Bet365.
There is no word yet if any changes will be made to the existing state of affairs.
FAQs
Does Bet365 accept Indian players?
Yes, Bet365 is a licensed and regulated online sportsbook accessible in India. As such, Indian players are free to sign up and place bets.
Can I use VPN for Bet365?
Yes, you can use a VPN to access Bet365, but we advise against it as it is not recommended. It is important to note that using a VPN is not illegal in India. However, any actions taken on the website may be subject to Indian or international law. We recommend players thoroughly research all applicable laws before using a VPN.
Do you need an ID for Bet365?
Yes, you will need to provide identification to Bet365 to register an account. This standard procedure is part of their Know Your Customer (KYC) process. It’s important that you only use valid identification documents to verify your identity. Bet365 is very strict when verifying identities, and they may suspend or close your account if they can’t verify it. Bet365 will also require that you provide proof of address as part of the KYC process. This is usually in the form of a utility bill or bank statement dated within six months. By providing this information, you can be sure that Bet365 is a secure and trustworthy platform for your sports betting needs.
