Online sports betting in India is a rapidly growing market. More and more people every day find themselves betting money online on the results of different sporting events. As long as you bet purely recreationally, you can end up making a good amount of money.
The only thing to keep in mind is that sports betting is not a career and carries high risk with it. One should not bank upon betting as their major source of income. Also, you should be very careful about picking the right bookie.
One of the first things to remember is that while online sports betting is not illegal in India (except for a few states that have banned it outright), it is only allowed as long as the bookie or the company owning the betting site is based outside of India.
The reality of Indian gambling laws right now is that it is largely unregulated where games of chance are concerned. However, betting on horseraces and other games of skill (including fantasy gaming) is legal in India.
Once you have researched and found a suitable online bookmaker that you like (make sure to check their license and bonus requirements), you should figure out whether you like using desktop computers for betting or would betting apps be more convenient for you.
The current scenario is that the majority of Indians betting online prefer to do it on their smartphones. Mobile phone betting apps provide ease of use and unmatched convenience. Once you find a sports betting app that you love, there’s no going back to browser websites. You can find the best betting apps on Betting Apps India.
The next step is signing up on the bookmaker site/ app, making the first deposit, and claiming the welcome bonus (if available). Nowadays, you can use a variety of widely used payment methods like UPI, Paytm, and Netbanking. The use of UPI is recommended by most betting sites as its instant and seamless.
After you’re done adding the funds, pick the sporting event you want to bet money on. Make sure it is a sport you know well - this is very important. You need to have expert-level knowledge in order to be able to confidently bet online.
The last step in your online betting journey is to withdraw any money that you may have won on the betting site! Most Indian betting sites require you to complete a KYC check before you can withdraw money from your account. The KYC process is done to ensure that nobody other than the actual user is requesting to withdraw money.
This means that you’re going to have to submit documents such as identity proof and address proof. Once your KYC process is successfully completed, you can withdraw your winnings using any of the payment methods that are available on the betting site!
Most online bookmakers will have a self-exclusion tool or system in place. This is for users to use when they feel that their betting habits are turning into a problem. It is highly recommended that you restrict your betting practices by applying monetary limits. There’s nothing wrong with betting online for fun, as long as you do it responsibly.
