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Sports Betting in India 2024

India is known for its gaming traditions. Therefore, it does not surprise anyone that the online bookie industry is showing steady and rapid growth in India. In this article, together with an experienced and well-known platform 4rabet official, we will describe the details of this process and explain why this happens.

For example, the betting industry totals more than $ 80 billion. Moreover, every year this figure increases by 10-15 percent.

Betting Culture

Source: medium.com

Betting has a long and rich history in India. For centuries, Indians have been playing, and after the British introduced them to cricket and badminton, it became the main trend. Thus, there has always been a large number of people betting on sports in India.

Betting Legalization

Even though the anti-gambling law of 1867 is still in force in India, it does not regulate online betting, so online bookies are completely legal and have the appropriate licenses. Such legalization attracted a lot of young people who did not want to take risks before.

The Popularity of Sports

Separately, it should be noted that sports games have always been very popular in India. Cricket, football, and badminton are the most popular ones. Moreover, according to experts, more than 130 million people annually bet on sports in India, and there are even more sports fans. All this led to the fact that as soon as the Indians got the possibility to bet on their favorite sports, they immediately started doing it.

Demographic Features

The specifics of betting in India are closely related to its demographics. So for 50 years (from 1970 to 2020), the population of India has changed from 500 million to 1.3 billion people. Such a huge social base attracted bookmakers to the country. It is also worth considering that the average age of a resident of the country is 25 years. At this age, people are willing to take risks.

Various Sports

Bookmakers provide access to a greater number of different sports. Thanks to this, almost anyone will be able to find sports, games, odds, and conditions that they like. For example, the betting website offers odds on more than 15 different types of sports. Moreover, new types of competitions appear every year. These include quite young, but already gaining great popularity in e-sports. Competitions for various online games have already occupied separate pages of the sites. Thanks to this, not only adults are now fond of this kind of entertainment, but also young 20-year-olds.

International Tournaments

Another aspect that makes betting popular in India is international competitions. Since you can bet on any match of any tournament that your bookmaker covers, you not only get the opportunity to follow the news of the world sport but also to make a fortune.

Betting Sites

Source: youtube.com

Every year there are more and more bookies websites (365bet, 4rabet, Sportsbet, etc.). This is a very important process as each bookmaker offers different conditions. So players have a huge choice and they can find the website that suits them the most. For some, it may be the presence of a large number of payment methods, and for others, it is fast and efficient customer service.

In any case, the Indian online betting market is brimming with great options. And players have the right to choose the best site. We have compiled a small top 10 list of the best bookmakers. All of them are safe and legally operating in the country. What’s more, each of them has great bonus offers and other benefits. Just choose one site from the table below:

 

Casino Welcome Bonus Rating
Parimatch Players will be able to get 150% up to Rs 30,000 on deposit. 9.7 / 10
22bet Double your deposit. The maximum bonus amount will be Rs 10,000. 9.4 / 10
Fun88 Increase your first deposit by 450%. And the maximum bonus amount will be Rs 10,000. 9.5 / 10
Betway  Every player will get a free bet of Rs 4,000 on any sporting event after a deposit. 9.7 / 10
Pure Win Get an amount equal to your deposit up to Rs 15,000.  9.6 / 10
10Cric Get a super welcome package that includes 40 spins, free bet and a deposit increase. 9.7 / 10
Megapari Increase your deposit by 100% and get up to Rs 9,000. 8.9 / 10
LeonBet  Get a few free spins for a total of up to Rs 20,000.  9.3 / 10
ComeOn Double your first deposit. The maximum winnings will be Rs 35,000. 9.7 / 10
Betwinner Make a deposit and receive an equal amount as a gift. The maximum bonus amount will be Rs 8,000.  9.0 / 10

 

Mobile Superiority

Source: igaming.org

Over time, most people began to have modern mobile phones. Now more than 800 million people in India have mobile phones and access to high-speed Internet. This was a revolution in betting. Now people can bet 24 hours a day since their mobile is always with them.

Economic Development

Compared to the 20th century, India has come a long way forward. Now it is one of the fastest growing economies in the world. Moreover, one of the most populous countries in the world. Therefore, people have money that they can afford to spend on their passion for sports.

Impact of the Pandemic

After the COVID-19 pandemic forced all public institutions to close (including casinos and real bookmakers), people had only the option of online services. Throughout the year, people had no alternative. Therefore, even after the end of the pandemic, many have already become accustomed to online betting and will continue to play there.

Conclusion

As we have already explained, betting in India is developing and will continue to develop and attract more and more players.