Because of the increasing popularity in India, cricket holds an important place when it comes to sports, being second only to football. In fact, you can now bet on cricket online 365 days a year.
Today, there are more than 140 million people who bet regularly in India. However, this figure jumps to 370 million during major events like the Indian Premier League. According to online betting statistics, the unofficial betting market in India is $150 billion.
Cricket betting in India is popular for three reasons. First, it is the national sport of the country. The other significant factor is the high internet penetration and low data costs. In India, online cricket betting isn’t just an urban phenomenon: even rural folks indulge in this activity.
The third reason is the presence of several world-class betting sites in India, which provide superior odds and other pertinent information to cricket betting enthusiasts. On Cricfolks.com, we have been covering cricket news for years – now we are taking the step into online cricket betting and we are determined to deliver the same top-quality as we do with our everyday news. Welcome!
How to get started with online cricket betting?
Before laying your first real money wager on cricket betting, there are some important factors you need to take into consideration to ensure you have a pleasant betting experience.
- Select a trusted cricket betting site before opening your account.
- Explore the most common wagers available in the cricket betting market in India.
- Recognize the different odds, betting markets, selections, and other terminologies.
Once you are ready with the above steps, it’s time to enter the betting market. Continue reading this guide about cricket betting in India 2022.
How to determine which cricket site to choose?
Different online cricket betting sites offer varying benefits. While some sites have higher bonuses, others provide more competitive odds. Therefore, it’s important to select a platform that provides all betting-related factors in equal measure.
In simple words, betting selection refers to your choice of an outcome. For example, if Kolkata Knight Riders are playing against Gujarat Titans, then the three basic predictions are: Kolkata wins, Gujarat wins or a draw.
Players can adopt one of the two basic betting selection strategies. They can either wager on favourites or select the underdogs.
In the former case, payouts are lower than what you would get if you picked underdogs,
However, this doesn’t mean you should never wager on the favourites. Your betting selection strategy should reflect your risk appetite and how accurately you can predict the outcome.
Cricket sportsbooks have betting lines, which indicate the possible outcome of a game.
This line changes frequently, depending on the betting selections of the participating gamblers.
A typical sportsbook will offer its players an array of bonuses ranging from welcome bonuses to cashback and from free bets to loyalty bonuses. Let’s take a more detailed look at the bonuses available in India.
As the name implies, a welcome bonus is gìven to new players upon registration. It is usually offered as a match deposit bonus. This means the sportsbook will match the amount you deposit. Instead, cashback bonuses compensate for a small percentage of your wagering losses incurred in a given period.
Some Indian sportsbooks offer free bets to their new customers. These are bonus wagers you can place on specific matches or events. A risk-free bet is a bet where you get back something even if you lose.
Another bonus is the loyalty bonus. This is awarded to regular long-term gamblers. The basic principle behind a loyalty bonus is ‘Play more, win more’. Refer-a-Friend bonus encourages gamblers to introduce friends to a particular sportsbook.
However, all these bonuses come with wagering requirements that you must meet before you can withdraw.
Finding a sportsbook with multiple payment options is paramount. Therefore, check which banking methods are available, their processing times and bank charges, before creating your online cricket betting account.
The 4 major payment gateways are:
Since many gateways charge transaction fees, opt for cricket betting sites with the lowest processing charges.
This is another crucial factor worth considering when choosing a cricket wagering site. Before making your first deposit, you should check your site’s credentials.
If your site has a licence, you will find the relevant information in the About Us section.
Alternatively, you can ask your casino’s customer care department about the licencing body, licence number and other details. A few common regulators are the Malta Gaming Authority, and the UK Gambling Commission.
Sportsbooks operating from India acquire licences from their respective State governments.
Trustworthy betting sites work with one or several third-party auditing bodies, such as eCOGRA.
Gamblers trust these auditors for their professionalism and integrity. Indeed, eCOGRA, has acquired its reputation for auditing platforms of hundreds of e-commerce and gambling sites truthfully.
Before choosing a online cricket betting site, look at the security aspects involved. Most cricket sportsbooks are secure and encrypt their data. This ensures that your personal and financial data do not fall into the wrong hands.
To check your site’s security status, click its URL. If there is a lock-like symbol, it means the website is safe for making payments.
Security has another dimension in online sports betting. Top-class sportsbooks frequently verify their customers. This is done to stop all kinds of questionable betting activities on their platforms. Cricket sportsbooks also ensure security with 2-way authentication. Some sites also require their customers to complete Captcha before logging in.
These are the chances of a particular outcome. There are three types of betting odds: Fractional odds are the ratio of profit to the stake. Many Indian online cricket betting sites use these odds. An example of Fractional odds is 10/1. This means if you stake INR1, you will receive 10 rupees.
In decimal odds, you see the amount a gambler wins per INR wagered. For example, an odds of 5.5 means a gambler gets INR 5.5 for every rupee wagered.
Moneyline odds have negative and positive lines and indicate the amount one can win by betting INR 1. Most betting platforms work with money line odds. A money line of +150 means you must wager INR 100 to win INR 150.
Depositing Methods on Betting Sites
You can deposit money through four payment methods. These are credit and debit cards, virtual cards, prepaid cards, and online banking.
Credit and Debit Cards
While this method is universal, some card providers may choose not to work with sportsbooks as they are often against wagering on the internet.
Please note that most card providers charge transactions, and this may affect the profitability of your game.
How to deposit
Follow these steps while depositing with a credit or debit card.
- Go to Deposits.
- Choose the Credit / Debit method.
- Select the card provider and your bank.
- Enter the deposit amount.
- Check the details you have provided.
- If the details are correct, click ‘Confirm’ and make the payment.
While this is a quick payment method, card providers may impose limits on your transactions.
Also called e-wallets, these are safe and trustworthy payment options. Virtual cards, such as PayPal and Skrill, are easy to set up and can be used from anywhere and at any time. Banking with virtual cards requires the following steps:
- Go to Deposits.
- Click it and choose Virtual Cards.
- Enter the amount you want to deposit.
- Verify the details and click ‘Pay’.
The best part about virtual wallets is that they are safe and do not make changes on your deposits. Also, these gateways process payments instantly.
Many bettors prefer prepaid cards, such as Visa Prepaid, for convenience and safety reasons. Prepaid cards charge less, and their minimum deposits are also low.
Indian players also have the option to make deposits through their banks, as it is a highly secure banking process.
To transfer money, follow the same sequence as above. Select Online Banking as your preferred payment option and then submit your bank details. Enter the amount you want to deposit and click ‘Pay’ when you are ready. Bank processing times can vary between 24 and 48 hours.
India has unclear laws regarding cryptocurrencies. That said, India doesn’t criminalize betting on cryptocurrency-based sites. Bear in mind that you must have a crypto-wallet ready before making any payment. Deposit limits vary according to the currency you are using.
Top 5 Online Cricket Betting Sites
In this section, we have reviewed online cricket betting sites according to different factors. These include odds selections, how focussed a betting site is on India, and so on. We have also looked at the range of cricket-related bonuses, payment methods, licences, and other facilities offered by these betting sites. Read on to find out about the top 5 online cricket betting sites.
Betway – Offers Cricket Odds
This online sportsbook considers itself among the top online cricket betting websites in India. Betway offers all three types of betting odds for this sport. What’s more, you can easily convert one betting odd into other thanks to a converter tool.
On Betway, you can wager on several cricket tournaments including:
- Daily Cricket Matches
- Hundred Men
- ODO World Cup
- Indian Premier League
- T20 Internationals
- The T20 World Cup
- Vitality T20 Blast
What’s even more interesting is that you can see home and away odds for each match on this platform.
Players can view all the bonuses in the promotions tab. Among the numerous bonuses available, Betway offers a Free Bet Club promotion. In this scheme, every player who wagers INR 500 or higher on doubles or higher will receive a Free Bet worth INR 500.
The Free Bet scheme runs from Saturday through Friday, and all wins will be credited on the following Saturday.
You can deposit money via:
- Credit and Debit Cards
- Online Banking
Players can withdraw money through:
- Google Pay
Betway is legit and holds licences from the Malta Gaming Authority and the UK Gambling Commission.
ComeOn – Big Cricket Selection
This online sportsbook has one of the biggest cricket selections in the world. Bettors can choose matches from the Indian Premier League, England County championships and other world events. At the time of writing, there were 18 matches to choose from on the ComeOn platform.
What’s more, this cricket wagering website also offers Odds Boosts on specific cricket events. Unlike other betting websites, ComeOn provides only Moneyline odds, and this can be a limiting factor for some players.
Currently, ComeOn has an IPL Free Bet Club. You can get a Free Bet worth INR666 by betting INR 5,000 each week.
Another bonus worth considering is the IPL Bet Survivor scheme, which encourages players to bet every day during the IPL season. Players who reach the final stage will share the prize pool, and if you are the last player left, you could walk away with substantial prizes.
You can deposit funds with ComeOn through:
- Bank Transfer
When it comes to withdrawing funds, the following methods are available:
- Bank Transfer
ComeOn is a legit online cricket betting platform and holds licences from the Malta Gaming Authority, the UK Gambling Commission, and the Government of Curaçao.
10Cric – Focused on Betting in India
Offering a comprehensive sportsbook, 10Cric covers several India-centric cricket matches. At the time of writing, this online sportsbook covers the ongoing IPL matches. You can also bet on other cricket tournaments around the world.
10Cric offers Moneyline and decimal odds to discerning players. What’s more, this betting site also offers deep insights into the performances of the competing teams.
At present, 10Cric offers a Triple Money IPL Welcome Bonus. Players who deposit INR 2,000 can bet with a bonus worth INR 6,000. There are other promotions also, such as:
- IPL Cash Chase
- Indian Premier League Winnings Innings
- IPL Team Bonuses and other promotions
Indian bettors can use the following gateways while transacting with 10Cric:
Bettors in India can also consider banking with EzeeWallet, which is as safe and secure as the other payment methods.
10Cric is a legit sports betting platform and holds a licence from the Government of Curaçao.
1xBet – Big bonus for online cricket betting
This online cricket betting platform covers all major tournaments, such as the IPL. 1xBet also allows you to bet on the Caribbean Premier League, England’s tour of India and other tournaments. Providing over 13 betting markets to its customers, experts analyze each IPL game deeply on this platform.
All eligible new players get a matching welcome bonus of up to INR 20,000. Also, every bet worth at least INR 310 (IPL events with odds of at least 1.40) fetches a promo ticket, which can be used in the prize draw.
With more than 60 payment gateways available, players have 22 e-wallets to choose from for depositing and withdrawing funds.
The 1xBet platform is legit and fully safe. This online betting platform holds a valid licence from the Government of Curaçao.
Bet365 – Huge selection on cricket
In-play online cricket betting reaches a higher level at Bet365. This sports betting platform live-streams all major domestic and international cricket events. However, you must have a funded account to use this functionality.
Although Bet365 offers decimal odds to its customers, players can change to American and American Fractional odds as well.
They can also view three different betting markets on this platform – Match Winner 2-Way, Match Winner 3-Way, and Draw. Bettors can also check out the home and away odds of the competing teams.
Bet365 has a few interesting promotions for its customers. In the Open Account Offer, players get 15% of their qualifying deposits as bet credits (up to INR 4,000). Bet365’s Bet Boosts promo lets bettors land big profits on chosen sports for selected markets. However, these returns exclude Bet Credit stakes.
When it comes to payment methods, Bet365 offers an array of options to choose from. These include:
- Skrill, and Skrill-I Tap
Although these payments do not occur with transaction fees, some deposit or withdrawal limits might apply. The minimum limit is INR 350 (Skrill), while the maximum is INR 22.50 lacs.
Bet365 is present in several markets and holds licences from multiple jurisdictions. These include the UK Gambling Commission (UKGC), the Malta Gaming Authority (MGA) and The Swedish Gaming Authority.
Gambling Laws in India
Online cricket betting and gambling in India are illegal. The Public Gambling Act of 1867 outlaws the setting up of public gambling spaces. However, this is a Central Law, and states can make their own gambling and betting laws. In fact, the Seventh Schedule of the Indian Constitution allows states to establish their own laws.
Online gambling and states
That said, there isn’t much clarity about this subject even where the states are involved. For example, some states, such as Sikkim, allow gambling and betting. However, Maharashtra and Telangana disallow gambling and betting of all types.
Two other states, Goa and Daman, also allow online cricket betting and gambling within their territories. Many expect more states will allow online betting within their boundaries soon.
There is no clear answer as to whether betting is allowed in India. The Ministry of Information Technology is silent on this matter. However, it discourages all digital payments to sites suspected of money laundering. This means that your payments to bookies may be declined by Mastercard and Visa. Many Indians bypass this restriction by making payments through e-wallets.
Though the Indian government has banned India-based betting sites, it still allows offshore sites to target Indian players. However, Indian players must pay in rupees on these websites.
The Supreme Court examined the legality of betting and gambling in 2012, approving skill-based games, such as Rummy. However, all games that involve chance were considered illegal.
Pertinent rules on online gambling in India
There are three laws that govern online cricket betting and gambling in India. These are:
- The Public Gambling Act disallows the setting up of gambling places in public areas. Violators can be fined INR 100 or jailed for one month.
- The Prize Competition Act of 1955 restricts all prize payments to the winners of puzzles, crosswords, and similar competitions. It limits all such prizes to under INR 1,000.
- The Information Technology Act of 2000 is silent on internet-based gambling and betting. However, some states, such as Maharashtra, have banned online betting completely.
Match-fixing and online betting
The size of the Indian online betting industry runs into billions of rupees each year. However, much of this money comes from match-fixing activities, which is illegal.
It is this reason that stops the Indian government and courts from legalizing online sports betting. By legalising sports betting websites, India could generate additional funds for national development.
Future of online cricket betting in India
According to Techobserver, the Indian online cricket betting market will touch 143 billion rupees by the end of 2022. Many observers think that it is a matter of time before the State and Central Indian governments allow this activity.
Sports betting trends in India
The same report says 88.4% of all bettors in India are men. Furthermore, 77% of all online bettors are between18 and 34 years.
Roughly, 40% of all sports bettors live in Karnataka, Telangana, and Maharashtra.
Therefore, it is reasonable to expect that these states would liberalise online cricket betting laws to generate more revenues.
What to think of before you start betting on cricket
While there is a possibility that you can win on online cricket betting, players need to be mindful before laying their first bets.
Players must recognise that gambling can lead to addiction if uncontrolled. This can consequently have a negative effect on your life and cause you to lose your savings, your job and even your loved ones. Therefore, it is essential to play responsibly at all times and consider betting as a form of entertainment.
Preventing gambling addiction
However, to avoid gambling issues, follow this advice:
- Accept that online cricket betting revenues can never substitute for your regular salary.
- Treat online cricket betting as mere entertainment and nothing more. Take wins and losses in your stride.
- Remember that betting is a game of chance, and there is no strategy that will help you win.
- Smart players leave their game when they hit a winning streak, and so should you. Never bank upon the same outcome to repeat. If you won your bet twice, you might lose the third time.
- Finally, don’t jump on the online cricket betting bandwagon without understanding the basics. Learn everything about online cricket betting, such as the different odds at play, and so on.
Understanding gambling addiction
Although betting should be a form of entertainment, some people may find themselves in difficulty. Therefore, to avoid such issues, players need to recognize the signs of betting addiction. These are:
- Losing focus on what you are doing.
- Craving to resume betting patterns, despite losing in the previous session.
- Borrowing money from friends for online cricket betting.
- Get irritated by trivial things after you have lost a bet.
- Avoiding socialising to play
If you feel you may have problems or need help, try using the tools provided on your gambling site or contact customer support for professional help and guidance. In fact, many online cricket betting sites allow users to block their platforms for a specific period.
Please read all the resources on preventing gambling addiction. You can find these resources in the Responsible Gambling section of the website.
FAQ – Frequently Asked Questions about Online Cricket Betting
Can I bet using my mobile device?
Yes, you can bet on cricket matches with your mobile phone, tablet or any other device. Many online cricket betting sites have mobile versions, which makes it easier for bettors to wager while on the go. Most mobile-based betting sites work with iOS and Android devices. Furthermore, you can launch these sites using Chrome, Safari, Edge, and other browsers.
What are bonuses and how do they work?
These are ‘free monies’ and help players reduce their risk while maximizing the winning chances. Although every bonus is virtual money, it can’t be withdrawn. Cricket betting sites offer bonuses to attract new players, as well as retain existing ones. Every online cricket betting site offers a welcome bonus to fresh players. However, you must make a deposit to claim this bonus. Loyal players can also get other bonuses, such as Reload Bonus, Loyalty Bonus and other rewards. Some betting sites also give Free and Risk-free bets to new players. However, although betting sites in India offer impressive bonuses and promotions, they all come with several terms and conditions.
How do I make payments to a online cricket betting site?
After selecting a betting site, go to the ‘Deposits’ section and click it. Choose your preferred payment method, from credit/ debit cards, E-wallets, prepaid cards, bank transfers or Bitcoin and enter the amount you want to deposit. Confirm the amount, and if everything is correct, click ‘Pay’.
Is cricket betting legal in India?
Unfortunately, the Indian government has banned cricket betting in the country. While there are several loopholes in this matter, several states, such as Goa, Sikkim and Diu, do allow sports betting. However, you can only make payments to sportsbooks in INR currencies. The main law that deals with online cricket betting in India are the Public Gambling Act.
Is online cricket betting sites safe?
Yes, all licenced betting sites are safe and trustworthy as long as they hold a valid license. All betting platforms follow the rules laid down by the regulators and are therefore safe to use. Top betting sites encrypt their sites to offer users a reliable and trustworthy service where all personal and financial data are safe. These sites have a lock-like symbol in their URLs and therefore are safe for online payments.
What to look for in a betting site?
To ensure you receive top quality service, the casino of your choice should hold a valid licence. This includes licenses from the UK Gambling Commission, the Malta Gaming Authority, Curaçao Gaming Authorities and more. The betting site should also offer a vast selection of betting markets with money lines, decimals and fractions. Furthermore, players should bet on sites with live betting features. Top-notch online cricket betting sites offer several bonuses, work with all major payment gateways, and offer prompt customer service.