While cricket betting is the top-most source of gambling in India, the IPL tops everything in this category. An estimate says that one international cricket match can raise up to 200 million dollars in a day. There are many other options to do sports betting, as suggested by sporting pedia.
Ever since, sports bettors have been allowed to wager on horse racing and according to India’s best online sportsbooks, the beloved events continues to grow in popularity. Major horses races in India include the 1,000 and 2,000 Guineas, Indian Oaks and St. Leger.
India’s sports betting industry is estimated to be worth around 60 billion USD. However, a huge chunk of this number is from the underground sector. Since there are also not a lot of legal casinos and bookies operating in the country, offshore operators are the ones benefiting from legal bets.
The gambling market of India continues to garner attention from overseas operators, while residents of the country hope for a shift towards the legalization of more gambling activities. Yet, while some states show more openness for change, others stay firm that sports betting and other forms of gambling should remain illegal. Sikkim
Betting On Horse Races In India. Arguably the second most popular and beloved sport in the country, horse racing has been reuniting the Indian nation for more than two hundred years. Betting on horse races is also part of the culture here, with horse racing being exclusively dedicated to Indian breeds of horses.
Sportbetting India provides you with unparalleled guidance into the mesmerising universe of sports betting and online casino gambling in India. At Sportbetting India we specialise in reviewing and recommending top casinos for real money for players in India. We only assess, compare and list the freshest, most popular, successful, safe and rewarding casinos dedicated to players in the country looking for a reliable alternative to land casinos.
Indian Sports Betting Market. Indian people love sports, and this country provides a huge market for sports betting. The Indian sports betting market value is soaring, and it reached 90 billion rupees at the end of the last year. Projections say that the industry should reach over 140 billion rupees by the end of 2022.
Sports betting, like most other forms of gambling, is illegal in India. Nearly every form of gambling was prohibited by the British with the introduction of the Gambling Act of 1867. That doesn't mean to say that all sports are banned outright. There is one sport that can be bet on in India, and that is horse racing.