Sports betting is an activity that is enjoyed all over the world. While India is slow to offer laws that allow legal betting sites to operate, residents can still place wagers. At BonusesOnline.com, we discuss the current Indian laws and also provide information on how to safely wager online and enjoy the thrills of sports betting.
Here, you will find a list of the most trusted betting sites that cater to Indian punters. These will all provide multiple betting options, great market coverage, super bonus offers, and a completely secure environment. If you have wanted to get in on sports wagering, now is the time. Be sure to check out our sites below to see how you can start placing wagers in 2024.
Sports Betting Laws and Regulations in India
Except betting on horse racing, sports betting is illegal in India. The Supreme Court ruled that horse racing is a game of skill, making it completely legal. Individual states derive all other sports betting laws in the country.
The majority of states in India are subject to the Technology Act of 2000 and the Public Gambling Act of 1867. With these in place, the laws prohibit sports betting. However, each state will have the ability to regulate the betting industry and create laws pertaining to online sports wagering.
At this time, the only state in India that has online gambling laws that allow sports wagering is Sikkim. This state passed legislation in 2009 that would allow betting if the state licenses a sportsbook. However, even though there is the ability to issue a license, there are no operating sportsbooks in India in 2024.
Popular Spots for Wagering in India
Despite the lack of online sportsbooks in India, residents do have access to offshore betting sites. Here, they can engage in all types of sports betting and can generate payouts legally. Indian residents are huge sports fans, and leading betting sites that we recommend will offer excellent market coverage.
As mentioned, cricket is a popular sport in India, and many of our listed sites will have various wagers that can be placed on this sport. In addition to cricket, you will find many other popular options, and these can include:
- Tennis
- Basketball
- Badminton
- Aussie Rules football
- NBA
- NFL
- MLB
- Motorsports
- Mixed martial arts
- Golf
With local and international sports offered, these betting sites offer a chance to place any type of wage. Indian bettors will be able to enjoy the thrills of individual games, world-class tournaments, and even championship events like the Super Bowl.
How We Choose the Best Sports Betting Sites in India 2024
Indian residents may not have local options for sports betting, but there are hundreds of international sites operating. We review these regularly and have created a list of sites that cater to Indian punters.
Since player protection is of utmost importance, we make sure that every site offers secure access, trusted services, and customer support should you ever need assistance. All of our sites are rated on a set of criteria. They must meet these to be recommended to Indian punters.
- Each listed site is fully licensed and regulated by a trusted jurisdiction
- The sites support the most popular payment methods and allow for the use of Rupee
- You will benefit from the best paying welcome bonuses when you create an account
- Our sites are known to have the best odds in the industry
- You will benefit from a large coverage of local and international sports and events
When you signup at any of our sites in 2024, you can expect a safe experience at all times. No matter how you access the site, you will enjoy the best bet types, great payout opportunities, and exclusive bonus deals that can enhance your betting sessions.
Making Deposits and Secure Transactions
Unlike with online bingo or casino sites, you will want to be able to start betting at the leading sportsbooks online immediately. This means you will have to create your account and visit the site cashier to review the list of supported payment methods. Since our sites cater to Indian bettors, there are always secure and trusted methods that are supported.
Most offshore sportsbooks will allow you to use a variety of methods to fund and manage an account. Credit and debit cards have been popular options or tears, especially MasterCard and Visa. However, some Indian bettors have found that some deposits using these options fail.
Alternatively, bettors can use popular ewallet services to manage a real money account. For those from India, the most popular options include EcoPayz, Neteller, and Skrill. PayPal is also an ewallet that many sites will accept.
When conducting a deposit, the funds will be instantly credited to an account when using any method. When making a withdrawal, it can take 24 hours or more for a withdrawal request to be reviewed and approved. Based on your withdrawal option, it can then take from 1 hour to 10 days to receive the funds.
FAQ
Is it legal to engage in sports betting from India?
Even though India does not operate any sportsbooks, the current laws do not prohibit residents from accessing offshore betting sites. This means that you have the freedom to choose from many licensed sites to place wagers. No individual has ever been prosecuted for online gambling from India.
Will more states legalize online gambling and sports betting?
At this time, it is unclear as to any changes in current betting laws. As stated, each state has the right to legalize online gambling. As of now, only one state in India has done so, and there is no word of any other states making any move to change laws.
Can I get sports betting bonuses online?
Yes! The sportsbooks we recommend all have fantastic bonus offers when you sign up. You can even find sites that present no risk-free deposit offers. Watch for updates to the Promotions page on all sites to discover new ways to earn free funds and free bets through the offering of promotional deals.
Do I have to pay taxes on winnings?
Yes. In India, you have to pay taxes on any winnings earned form any form of gambling. The tax rate is 30% at this time. There is also an education and higher-education tax that is placed on the amount won, so the total tax rate is 30.90%.
What are the benefits of betting online?
You will enjoy the convenience of being able to bet at any time. You can also create multiple accounts at different sportsbooks. Another advantage is the offering of various bonuses. Online sportsbooks also tend to have better odds and payouts than land-based betting venues.
Start Betting Online Today!
Ports betting is a popular activity in India, and even though no true Indian sportsbooks are operating, you have many options. With some of the best sites in the industry accepting those from India, you have many chances to engage in real money wagering and start earning payouts.
With our list of top-rated sites, you can safely create and manage accounts and begin to bet on your favorite sports and teams from all over the world. Get ready to enjoy the endless action of sports betting in a safe and secure environment.