Offshore Cricket Betting Casinos are being loved greatly by Indian Players

In the country that has crores of Cricket fans, it is no surprise that recent reports suggest betting on sports especially on Cricket has grown manifolds in the last few years. The FICCI (Federation of Indian Chambers of Commerce and Industry) says that India’s betting industry is worth around Rs 3,00,000 crore or $43.27 billion. It is more than the defense budget! Out of the complete amount of the betting industry, major part is spent on cricket betting. The reports mention that around Rs 149 crore was spent on a single warm-up match between India and Bangladesh.

People should know that the legality of betting in India is in a grey zone. The laws mainly state the land-based betting laws and does not specifically count the online betting in it. A general law that prohibits illegal online activity (known as the IT Act) was passed in 2000, but there is no mention of online betting or that it is a crime.

Every state in India has their own laws. The state of Sikkim has legalized online betting on cricket and sports in 2009, and hence there are some legal online betting sites in India. Whereas in Delhi and Maharashtra, online gambling is illegal. Indian Police are not legally bound to prosecute individual Indians betting on cricket but they do bust cricket betting rackets time to time.

Mostly the Indians bet using offshore casinos and sports books as the gambling laws do not apply on them. These are legal websites that are licensed and regulated out of Malta and UK jurisdictions. To appeal to Indians, these websites provide game-play in Hindi, have multiple Indian payment options and they have special offers aimed at Indian players.