Many international betting and gambling companies now see India as an attractive market. The country’s gambling industry is already worth almost 1 billion USD. This number is also expected to grow as much as $112 billion in the next four years. With that, more people in the country will likely show interest in real money gaming including sports betting.
The legality of gambling in the country is a state subject but generally, gambling operators are only allowed in very few states like Sikkim, Goa, and Daman. This means that legal casinos and bookies in the country are only located in these states. Even if this is the case, Indians from all over the country still get to easily play at online casinos and bet on sports because of the internet.
The gambling laws in India may prohibit betting companies to operate within the majority of the Indian states. However, no law prohibits the locals from placing their bets online or on sites owned by offshore-based gambling companies. This is why the majority of the top 5 betting apps in India are based outside the country.
Why Do More Indians Bet Online?
Online betting is the more popular option in India and a closer look at how people place their bets online will reveal that going mobile is the way to go. This makes a lot of sense since India is a huge mobile user. Statista reported in August that India has over 749 million internet users and 744 million of them would go online with their mobile devices.
MyBetting reports that 370 million Indians would place bets during major sports events like the Indian Premier League and the ICC Men’s T20 World Cup. Around 140 million would do so regularly. Some of the most popular betting operators in the country are Bet365, 10Cric, and Betway. All these betting sites have native apps that both Android and iOS users can download on their official sites.
It’s easy to understand why many Indians are starting to prefer the use of betting apps instead of logging in on gambling sites. Betting apps are easier to access and users don’t have to log in on their accounts every time. If they do, some betting apps allow the use of fingerprint or PIN log-in which is still quicker than having to input the person’s account details on the website.
Aside from easy access, betting apps also make transactions a breeze. Punters can save their banking details on the app so that they only need to authorize a transaction if they are ready to make a deposit or withdraw their winnings. A betting app is also usually easy to connect with a banking app or digital wallet.
With betting companies focusing on India’s mobile market, punters may have a hard time choosing which betting is the best. For this, it will all boil down to convenience and app features. Some people may think that the more app features there are, the better. However, this isn’t always the case. The best app will always depend on your betting styles and needs.
There are betting apps that have notable features like live streaming. This can be handy if you’re on the go and wouldn’t want to miss your favorite teams on the field. Most betting apps also allow punters to explore other forms of gambling by including a casino in the app where people can play online real money games like slot machines, blackjack, poker, baccarat, keno, roulette, Teen Patti, and many more.
Aside from features, many betting operators are also trying to get their customers to use the app version of their sites and they do this by offering more bonuses. Some betting sites could give players a bonus for downloading and signing in with their app. Sometimes, there are also random bonuses that may only be available for app users. It’s something players should take advantage of.
Betting apps are here to stay and they may very well be the future of online gambling. If you plan on downloading a betting app, do not be scared to explore. You can download at least two or three apps first and give them a try. Check for features that you find useful and payment methods that are the most convenient for you. If you just can’t decide, it’s perfectly fine to keep multiple betting apps on your device.