India has some of the most outdated gambling laws anywhere in the country and that has allowed a huge grey area in which the gambling industry operates in India. While gambling is not legal in India, except for states like Goa, Daman, and Sikkim, there is no law that makes making bets online illegal in India.
Add to that the fact that most gambling sites or cricket betting apps are registered offshore in countries where gambling is legal and the situation becomes even more complex.
It is no surprise then that online betting on cricket and other sports has become hugely popular.
We are not here to judge because we believe adults should be able to take their own decisions when it comes to spending their own money. If, however, you do decide to download a betting app on your phone, here are some things you should look for.
Look for an India focused company
There are betting companies around the world and most of them have apps that can be downloaded. As an Indian, though, you need a betting company that is focused on India as one of its primary markets. Not only will the selection of sports be catered to the Indian customers but the banking methods will be tailored to the specific Indian needs as well.
You do not want to be in a situation where you deposit money with a betting site and then end up having no way of withdrawing your winnings.
Bet in INR
Some of the biggest betting companies around the world like 10CRIC, Betway, Bet365, and more allow Indian customers to play in INR as their currency. This is a huge deal because it saves the players tens of thousands of money over a long period of time in conversions fees.
You don’t have to convert your money in GBP, Euros, or USD which is going to waste unnecessary money before you can start betting.
Read the fine print on bonuses
Every cricket betting app or betting company is going to attract new customers with the lure of bonuses. This is something that people can take advantage of if they are smart but a lot of the time it is the casino or sportsbook that ends up taking advantage.
The reason is simple.
Every bonus comes with a playthrough requirement. That means a certain times the amount of bonus has to be bet before it can be withdrawn. Something like 5x or even 20x is considered to be very good in favor of the player but there are some which come with a ridiculous 150x playthrough.