Sports betting is one of the most popular forms of adult entertainment around the world. People are passionate about their sports teams and often bet some money on the outcome. This is something that has been done for centuries and it seems to be a part of human psychology.
India is one of the hottest markets for leading bookmakers from around the world. This may sound surprising but you would be shocked at how tough the competition to produce the best cricket betting app is in India right now.
How did this happen, though? How did sports betting sites become so popular in India? Is it even legal to be betting on such websites?
Read on to find out more.
Sports betting sites are not illegal
Yes, this is absolutely true. The Public Gambling Act of 1867 is the one that governs betting in the country at the federal level. It makes no mention of any restrictions on the use of online betting sites. This could be because of the fact that the internet did not exist when the law was framed but that is not our concern.
Nothing in it says that online betting is illegal and this is why the leading websites from around the world are able to offer their services inside the country.
There has been a massive explosion of internet penetration inside the country. The data rates in India are among the cheapest in the world and a large percentage of the population went straight from having old 2G phones to 4G smartphones.
As people have more access to the internet, they have started accessing avenues of entertainment that they otherwise would not have. This is why online betting in the country is growing very fast.
Easy to make money
It is extremely easy to make money betting on sports. There is no question about that. You can pick the winner of a match or just use your knowledge about a sport to find other betting markets. Doubling or even tripling your money in the matter of a few days is not uncommon. Yes, you can lose money very easily as well but people love being able to have the chance of making life-altering money in a very short amount of time.
Better odds of winning than fantasy sports apps
Fantasy sports apps are completely legal as ruled by the Supreme Court of India and this is why millions of people around the world have had a chance to pay and enter into contests. They have realized that the chances of winning something major at these fantasy apps are much lower than on sports betting sites.
The reason for this is very simple that while you are playing against each other in the fantasy app, you are actually playing against the house on the sports betting website. Everyone can theoretically win on a betting website but only one person is ever going to win a fantasy gaming contest.
People want to play where they have the best chance of winning.
Finally, sports betting websites offer some of the best bonuses available on the internet. You get free money for signing up, for placing your first bet, and you keep getting bonuses throughout the time that you play.
There is a lot of competition for customers in the market and so the sites can never relax. They have to keep offering freebies which the customers enjoy and make the most of.
After all these perks and advantages, is it any mystery as to why the sports betting sites are becoming more and more popular every single day? If you have not tried them for yourself, we think you should give it a shot for sure.
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