Betcha!! In Case You Want To Bet…

| Updated: May 29, 2022 10:26 am

Is cricket betting legal in India? While physical betting/ gambling in public places has long been considered illegal in India, the laws relating to online betting straddle a “convenient foggy path.” There are no Central rules that address online IPL betting sites. In absence of the same, the webbed world is full of betting adventures and sites to facilitate the same.

What about online betting on the whole? There are no federal laws against online betting in India. Each state may decide if they want to impose laws on online betting. And so far, only three states have prohibited gambling online, namely, Telangana, Andhra Pradesh and Maharashtra. Again, the rest have not addressed the issue per se while Sikkim is the only state to have a regulated and legal online betting ecosystem.

So, is betting on IPL matches legal or illegal? Despite common knowledge that cricket betting takes place throughout the IPL season, physical betting, gambling, waging a stake, remain illegal. Therefore, the scene of activity has shifted to the netherworld aka internet.  There are no provisions in the Public Gambling Act that make online IPL betting illegal. Hence, as long as the site you bet with is based outside India and accepts Indian Rupees, you can safely bet on the IPL without legal worries.

But, which sites legal? Most are. And of the many IP addresses you will be directed to once your query “online IPL betting sites” hits enter, Betway, Bet365 and Parimatch are credible, to say the least.

What about beginners? Look for beginner-friendly sports guides and a simple user interface. Do not get swayed by the wide range of promotions and cashback offers because in the end, it is all based on speculation. Each site offers match tracker, in-depth statistics like head-to-head form, line-ups, scorecard and a live animation with minute details of the delivery. Armed with all the information, you can make better decisions. The bet-slips are also easier to understand and operate for any beginner. A key thing to look for is easily accessible customer support, which is one of the most essential features for any beginner.

So, it is as simple as…: ….download the mobile app available on top IPL betting sites and start placing bets within a few minutes.

How does the transaction work? UPI, Sticpay, Cryptocurrency, Prepaid Card, Local Bank Transfer, GPay, Paytm, VISA, Neteller, Skrill, RuPay, Bitcoin

Be careful: Some sites have huge promo incentives to amass traffic to their IP address. For instance, on the 20Bet Sports VIP Program, up to INR 4,30,000 can be won every month. In fact, even on PariMatch, there exists free bets, cashback, reload bonuses, and a loyalty program that makes it a preferred destination for IPL betting.

A unique feature of PariMatch is its withdrawal requirement. While most sites require you to verify your account before you withdraw, PariMatch allows withdrawals below INR 7,500 without any verification. So, if you’re looking to test waters before you deposit a big amount for IPL betting, PariMatch lets you do that with ease.

What about device compatibility? Most sites are compatible with Android and iOS apps. The desktop functionality is questionable and also time-consuming. Go with smartphones or iPad fitted with cellular cards for optimal results. Remember, you are betting alongside the match in progress. You certainly do not want to get caught in the nitty-gritties of technical issues.

Yes, the sites offer: A variety of risk-taking propositions. From betting odds for “Most Sixes” on ShangriLa , to going with your calculated prediction about the “Top 4” in the tournament, “Player to Score a Fifty in a Match,” “Highest Opening Partnership” and Most Fours/ Most Sixes, betting alongside adds the zing thing for a large number of cricket enthusiasts.

A word about high IPL betting odds: Betting odds serve two functions. First, they indicate the implied probability of a team’s chances of winning, and second, they calculate the returns on your stake. The higher the odds, the bigger your returns are. With so much of your time, knowledge, and money being staked on the game, it is imperative that you get the best odds.

Cash out: This is an important feature every bettor should consider. The scales shift ever so quickly in the IPL and it is possible that the team you backed at the beginning could lose momentum as the inning progresses. In such a scenario, you can use the cashout feature to reduce your losses.

Then, who is a bookie? The term “bookie” is slang for “bookmaker.”  A bookie places bets for customers, usually on sporting events. They also set odds and pay out winnings on behalf of other people. In simple terms, it is the person between your site and you. However, in the real world, bookies have emerged as racketeers who are known to deal with large sums of money. There have been instances of players accused of being hand-in-glove with bookies to “swing the match” in favor of the betting odds. By and large, in India, bookies attract both police and legal implications.

Bookies make money by charging a fee on each bet they take, known as the “vigorish” or the “vig,” and pay out money when their customers win a bet. Their goal, understandably, is to make sure that incomings exceed outgoings.

Last word: Like any speculative venture, IPL betting is a involves risks. Be sure to read through the rules of the website you choose to go with. Stay clear of sites with an ambiguous policy and skip the bookies. And do enjoy the game more than the betting!!

Also Read: Aava De: IPL 2022 Is Significant for Gujarat: Here’s Why

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