In India, rules of sports betting vary between states. It is hoped that the Indian government will provide sports betting opportunities for all by implementing a national framework for gambling. Meanwhile, Indian punters can make the best use of offshore betting sites to place bets.
Welcome bonuses and promotions
By providing a simple sign-up process with a welcome bonus, promotions, as well as VIP status for keen bettors, offshore betting companies have lured Indian punters to bet on many things. For example, a welcome bonus can match a deposit by 100 percent, up to a specific number as high as INR10,000.
However, bonuses and promotions mostly always have betting requirements, which can make a huge difference to the attractiveness of the offer. The number of the bonuses and promotions on offer may vary by thousands of rupees. Meanwhile, the betting requirement can make it up to tens of thousands of rupees. While the best wagering websites have the 5x bonus amount on deposit bonuses, other sites are much higher, maybe up to 50x the bonus amount.
Security
In some parts of the country, bettors can only gamble via an offshore online sportsbook where transactions don’t take place actually within the jurisdiction of India. As a result, they are not considered to be illegal. The most important thing to consider which the best betting site is is to ensure it is a legal site registered with a betting authority or commission. These organizations make sure that all personal and financial information are protected in order to prevent the risk of money being lost by falling into the wrong hands.
Cryptocurrencies
Many sport betting sites in India provide the opportunities for funds to be uploaded in the local currency or via cryptocurrencies such as Ethereum, Bitcoin, and Ripple, which are increasingly popular and accessible and offer an easy way to deposit and withdraw funds.
