Betting has always been a hot topic in India, and myths around it are many. Is betting legal or not is the question that is most frequently discussed among friends and on social media platforms. In this comprehensive guide we will inform you about sports and casino betting in India.
India is a huge market for any business, mainly because there are 1.5 billion Indians, who have varying needs which marketers could meet. This nation is the world’s biggest democracy and has been making rapid strides in the field of innovation and technology. India is the most exciting market for investors and betting entrepreneurs.
Betting has been very popular in the west and the craze is catching up in Asian countries as well, particularly India. The pool of betting enthusiasts in India is huge, and that is exactly what betting companies are trying to attract. Till now, only horse racing and the state lottery are unrestricted betting options. Online gaming keeps playing the cat and mouse legal game, where a few states had banned it and then allowed it. Sports betting laws are different for different states in India, few considering it pure luck, while some saying it involves skills to analyse the games and place the right bets.
India still has the 1867 Public Gambling Act in place, but it has a few loopholes that are targeted by few betting players in the market.
Sports betting has been at the centre of attention; with opposing views from people of different states and people with different tastes. There are many mega sporting events in India such as the IPL where online sports betting is done on trusted sportsbooks in India such as Uwin app and website. Certain gaming laws may differ depending on the states, because there are many loopholes.
As per the data, IPL 2021 saw a massive 380 millions fans tune on a regular basis. Even if a small portion of the number mentioned above places bets, bookmakers will make tremendous profits. There are no formal laws when it comes to sports betting. “Betting is only an offense when it takes place in a public house” as per the 1867 Public Gaming Act. There is also an unregulated betting market that operates on a large scale.
Online Casino and Poker
Online casinos operate with complete freedom, as there are no formal laws that regulate online betting. Leading live casino operators offer roulette, blackjack, slots, and baccarat to Indian players.
Indian card games such as Andar Bahar are also offered by online casinos, where the game is played with a single deck stacked into two piles, Andar and Bahar. The chances of winning at this game are 50-50, as whichever pile hits the joker first, wins.
The potential online casino players must ensure that they pick an online casino platform that is well-regulated and licensed. Poker game also has a strong following in India, where its popularity is increasing day by day. The yearly growth rate of Poker games is estimated somewhere between 35-40%. In simple words, Poker is here to stay.
Casinos in India Today
There are very few physical casinos in India, despite being the second most populous country in the world. There are only 3 states in India that currently permit physical casino games, Daman, Sikkim, and Goa.
The majority of casinos in India are controlled by Delta Corp – the only company that is listed and operating in this sector. The revenue of Delta Corp went up by 233% in June 2022 after it recovered from total COVID-19 pandemic and total shutdown.
In Goa, there are around 15 to 20 casinos. India’s two of the largest offshore casinos, the Deltin Royale and Deltin JAQK, and a floating casino and hotel, the King Casino are operated by Delta Corp.
A Bet with a View
In the northeast part of the country, there is a casino called Casino Deltin Denzong owned by the Delta Corp. This casino is in Sikkim at 6000 feet above sea level, thanks to which players get an amazing gaming experience with an eye-catching backdrop of the frozen pinnacle of Mt. Kanchenjunga. The comforting world-class view will take your betting experience to a whole new level. Delta Corp’s final casino, The Deltin, is in Daman which is in Northwest India. It is a high-class 176-room five star hotel.
If you are looking to do live casino sports betting at these 3 places, you need to pack your suitcase and go. The distance between Daman and Goa is 744 km, while between Goa to Sikkim is 2,572 km.
To sum it up, India is a huge market for online sports betting. If you want to start with online sports betting, you can consider popular sportsbooks such as Uwin and go for Uwin app download.
- Is it legal to bet in India?
Barring a few states, it is completely legal to bet in India.
- Which platforms should I go for online sports betting in India?
You must go for a reliable and customer-centric sports betting platform such as Uwin.
- How much money can I win if I do live sports betting?
It all depends on your bets and the platform you have chosen to play.