Our Recommended Online Sports Betting Sites In India
Betting in India and the world around is becoming an everyday activity for many. So much that each passing minute, there is a site developed on the same. The betting craze is growing massively in popularity, and the general public is gaining favour to this hobby. Betting has proven to be a lucrative money-making scheme and a great pass time from our busy schedules. And the good news is that there exist several types of betting one can comfortably choose. There is non-sport betting, which includes the likes of novelty betting and, on the other hand, there is the most famous kind, sports betting, which involve the likes of Betway, 22Bet, Royal Panda etc. And in this piece, we shall be taking an in-depth look into sports betting in India.
So, let’s begin.
What Is Sports Betting?
In the simplest of terms, sports betting is the act of placing a wager on a sport, predicting an outcome, and hoping the game events align to your favour. As a result, you win a prize which is an addition to what you had placed before.
You may be wondering if it is possible to place a wager on any game and still win. Well, the answer is yes. As a matter of fact, for every sport out there, there is a huge betting reward for it. But just like anything else, there exists a rank on the most lucrative bet on games.Some of the most popular betting games include football, volleyball, basketball, cricket, kabaddi, hockey, horse racing, American football, and even E sports. Whatever the sport, you can never miss a chance to win.
Benefits of sports betting?
No one wants to get involved in something without gains. So, below are some of the advantages you will relish if you start betting on sports.
1. Money making possibilities
The number one reason sports betting is incredible is that it possesses the capability of earning you a few extra bucks effortlessly. Here, the analogy of spending money to make some more is genuine. If you do your research well enough, you are guaranteed to earn thousands of dollars.
2. It is an exciting pass-time hobby
With betting, you enjoy the gratuity of having a lucrative past-time hobby. The thrill coming with placing a bet and anticipating a win is incredible. And the eventuality of you winning makes the deal even sweeter. Your breaks at work or your weekends do not have to be boring, as you can easily bet and expect to earn something. What better way to spend your free time?
3. You gain more knowledge of sports
The fact that you will be putting your money into the victory of a game or player, you will have to do a bit of background research. You will also have to track performances in the leagues or the team’s past games to assess if they are worth your time and money. In the long run, you gain more knowledge about the sport, its rules, as well as the individual players. And if you are a dedicated punter who has decided to venture into several sports, you consequently learn more about the additional games you can choose. This way, you become a better judge on predicting the outcomes. You also become a master at evaluating which teams or players have high chances of winning.
4. Betting is relatively straightforward
Last but not least, Esports earning in India is breezy. You need not being an expert to start, which can be a concern to many. Once you have established the sport you are interested in, search for a betting site, open an account, place a wager, and whoa! You are done. Luckily today, some websites have the aptitude for analysing games. You don’t have to scratch your head. Admittedly, this makes betting easy.
How to Get Started With Online Betting In India?
As aforementioned, the journey into betting is a straightforward one, especially in India. Betway website is one of the most reliable and trustworthy betting site globally. Look out for its certification, licensing, terms and conditions before signing up. The registration and verification process on Betway is time-saving, smooth, and well-organized. It will take you barely five minutes or less.
Alternatively, you can head over to the 22Bet website. This site is certified and signing up is ridiculously easy. It only takes less than one minute to get started.
After you unearth the sites’ credibility, you proceed to open an account. Here, you are required to put in some of your details including names, an email address, and sometimes a phone number or banking particulars. After providing your credentials, the administrators will send you a confirmation link. Opening it, you will have access to the either Betway’s or 22Bet’s dashboard where you’ll see a bunch of sports you can play.
Once on your betting dashboard, click on the site’s wallet to deposit funds through mobile banking or bank transfer. This wallet acts as the money reservoir for placing all your bets and receiving the payouts. The amount you add is solely dependent on the games you want to play and, of course, the depth of your pocket.
Well, so far, you are almost done, but not until you place a real bet. Now that you have funds in your wallet, you are at liberty to study and analyse the games and decide which one to place your bet. Be sure to place a bet that makes sense since a prediction could go either way- a win or a loss. Remember the maxim, “do not carry all your eggs in one basket.”
How to Place Bet On Indian Online Sports Betting Sites?
Placing a bet on the best betting sites in India is fundamentally the same using a betting slip. Here is how to do it:
First, on the sheet, there will be options to choose from the available odds. And these could be either a single, duo or several teams. The number of options will depend on what you would like to bet on- a player, a team(s), runs, hits, etc.
On the same slip, you will see the betting odds, which give you the probabilities of a win for either team or teams if included in your bet. You have to be keen, as one mistake could be devastating later on. Therefore, you should take your time analysing these odds. Refer to other sites’ statistics if you must, since you have a lot to lose if you don’t.
Lastly, enter your stake and submit the bet. Be sure to do the math before hitting the submit button so that you know the exact risk and potential you are about to take. It is the least you could do if at all you want to reduce the chances of losing.
Forms of Sports Betting For Indians Players
Just like there are different sports to bet on, there exist different methods of betting as highlighted below:
This form of betting is also known as in-play or in-running betting. Here, you place a prediction on a game after it has started, and you can change your bet as the game continues. This means that you are free to change your foretelling as you wish during the game.
Live betting, however, requires you to be part of the action and keep referring to the odds since they keep changing. The odds shift unpredictably, depending on how the match is unfolding. For instance, if a player is substituted, gets hurt, or receives a red card, the odds shift.
Of the three eventualities, the analysis fluctuate and may go in the advantage of the affected team. It is your responsibility to stay vigilant of the game so that the odds remain in your favour. Royal Panda happens to be the best platform for live betting. The site offers over 140 sports to place your prediction, a wide range of opportunities, and the odds are amazingly high.
Exchange betting is an online marketplace where sports fans can bet head to head against each other on sporting events worldwide. It is a bet matching mediator which opens up the possibility of punters to bet against each other. You do not necessarily need to be a master of a sport, but you must have an opponent. This form of betting involves gamers placing bets against other sports fans rather than against the bookmaker in the typical sports betting.
If you compare exchange betting to bookmaker betting, exchange betting has 20% more value on the odds. But for it to be profitable, you need to know the productive exchanges to deal with from the offset. During a sporting event, you have the liberty to change your stand.
Ideally, a bookmaker makes more money as you lose while the exchange betting makes money the more you play. Also, on an exchange betting, you have no limit on the wager you place.
Here, punters bet on whether a specified outcome in a sporting event will end up being above or below a set range known as a ‘spread.’ In spread betting, you earn by how right or wrong your guess was.
The spread mainly involves two numbers, a buying and a selling price. The buying refers to the bet that the outcome will be higher than the top value of the spread. The selling refers to the prediction that the result will be lower than the bottom amount of the range.
For instance, in a football match, there might be a spread of 2.9-3.1. And this means that on average, that there will be a total of three goals in the game. So much so, if you think that the scores will exceed three, you buy, and if you feel there will be fewer goals you sell, simple. Some of the options used in spread betting as like the number of corners in football, home runs in baseball, or runs in a cricket game, among others. The best site for spread betting is the Bodog, especially if you are a fun of the Indian NFL.
Fantasy Sports betting
In this form of betting, you bet on fantasy sports rather than actual sporting games. Here, you create a fantasy sports team and compete against an opponent in the same competition and try to win. These virtual games operate fundamentally the same as the real thing, but they are not restricted to last the actual length of the regular season.
You earn money from these fantasy sports in two ways. One is through the leagues where you pay a fee to join a league, and after it is over, you get paid the percentage of the prize if you were top five or ten on the table following your points. The second way you earn is if you go up against a single opponent. In this case, both contenders place equal wagers, and the winner takes all.
Mechanics of Online Sports Betting Sites
For an engine to operate, it has to have parts working in unison to get the job done. And just like a machine, sports betting has individual sections that make it work.
First of all, there has to be a cause. And in this case, the cause is a sport. It could be cricket, football or even hockey. You select the one that appeals to you most.
Secondly, the cause has to have options, here being the teams or opponents that you bet against. Under the options, you are presented with odds and spreads to help you decide.
The third thing is the money aspect. Betting is mostly about earning a dime on top of what you already have, and so it would not be complete without one placing a cash stake on a bet.
Number four on the list is a betting platform. For the activity to be viable, there needs to exist classified sites equipped with the necessary certifications and channels to make the exercise seamless. Without a betting platform, betting on football in India would be a dream. Additionally, the facilitators of the betting sites are vital to the process as they build and maintain the betting sites and make sure all is well. All the best online gaming sites have facilitators.
Lastly, it is the driver of the whole operation- the punter. Without the gambler, the entire betting process would not be complete. They are the person of interest who search for the betting sites, register on them, load cash, analyse, and place the bets. They are the fuel of the whole operation.
Understanding odds In The Betting World
In the betting world, you will not miss the term odds. And so this section will give you a better understanding of what they are, how they work, and the types of odds used in the betting world.
What are odds?
Betting odds in India and elsewhere are basically probabilities that tell you how likely an event will go. And using these probabilities, you are able to gauge if the stake you are to place for a win is worthwhile. The odds help you mathematically calculate your gains even before you make the decision. These odds are very fundamental to gamers as well as betting facilitators.
Types of Online Betting odds in India
We have three types of odds in betting, namely, American, European, and British odds.
The American odds, also known as Moneyline odds, are represented by numbers with either a plus or a minus sign before them – +240 and -210. The plus sign shows the underdogs, and the minus indicates the favourite.
The favourite with a (-) symbol works with the principle that the higher the absolute value of the number, the better the prediction of the bet will win. For example, a -300 favourite has a better chance of winning compared to -100. In this case, you ignore the – sign and look at the number.
The underdog with the + sign goes by the principle that the higher the number, the genuine the underdog. So much so, it means a +400 underdog has a better chance to win than a +600 underdog.
Calculating Moneyline odds uses a base value of $100 such that for favourites, you are always risking the money to win the base value while with the underdogs, you gamble the $100 to win the amount. For example, a -200 favourite means you must risk $200 to win $100 from the sportsbook. So this means you either lose $200 or win $100 or push (tied wager). On the other hand, a +400 underdog means that you only risk $100, but you win $400. You will, therefore, either lose $100 or win $400, or push.
Also referred to as Fractional, UK, or traditional odds, they are represented using a fraction. They are often favourable in horse racing bets but are also utilizable to other sports. They take up the form of two numbers divided by a trailing slash- 9/1, 20/1, 1/5. In the case, a game has an odd of 20/1, and you place a bet of $50. When your team wins, you get $1050 through a simple mathematical formula ($50 x $20) + $50.
European odds a.k.a decimal odds, are represented by numbers separated by a decimal point, for example, 9.0, 0.5, among others. The decimal odds are by far the simplest to use as they usually represent the winning on a wager through this formula; (odd x stake)= payout. For instance, an odd of 7.7 on a stake of $100, the payout becomes $770. Here your winning is $670 with an investment of $100.
Can these Indian Betting odds be converted?
The answer is yes! And the way to do so is by using the formulas given below.
Moneyline odds to Decimal odds
Here the positive Moneyline odds are converted to decimal odds by the formula; decimal odds= (Moneyline odds/100) + 1. For example, to change, +200 becomes 3.0.
For the negative Moneyline odds you use; Decimal odds = (100/ Moneyline odds) + 1, and -200 becomes 1.5.
Decimal odds to Moneyline odds
To convert decimal odds to Moneyline odds you use the following formula;
For decimal odds greater or equal to two; Moneyline= (decimal – 1) x 100
For decimal odds less than two; Moneyline= -100/ (decimal – 1)
For example, for 2.5 and 1.5, the answers are +150 and -200, respectively.
Moneyline odds to fractional odds
For the + odds, you divide the Moneyline by 100 and then simplify the result to the simplest fraction. So +120 becomes 6/5.
For the – odds, you divide 100 by the Moneyline odd and simplify the fraction result to its simplest form. So -120 becomes ⅚.
Fractional odds to Moneyline odds
For fractional odds more than 1/1, you first convert the fraction to a decimal by multiplying it by 100 and then multiplying the result with 100 again. For instance, 1/4 becomes +140.
For fractional odds of less than 1/1, you first convert it to decimal by multiplying it by 100 and then dividing the result by -100. 1/10 then becomes -1000.
Fractional odds to Decimal odds
For this conversion, you multiply the fraction by 100, and then you add 1 to the answer. Such that ¾ becomes 1.75.
Decimal odds to fractional odds
To achieve this, you subtract 1 from the decimal to convert it to a fraction, and then you reduce the result to the simplest fraction. 1.25 through the formula becomes ¼.
Best Online Sports For Betting In India 2020
Online cricket betting in India
In India, Cricket Betting is very popular and undoubtfully one of the most bet games. Being a game that the Indian nation holds with high regard, Cricket without a quandary takes up the number one position. And if you would like to bet on it, there are a few aspects you need to note.
First, you have to be conversant with the team news. For instance, individual leagues like the T20 requires players to be called back to their countries to play. This is definitely a crucial betting factor.
Additionally, you have to know of the weather conditions as well as the injuries of the players to make a sound decision. Lastly, you need to study the betting odds for Cricket and place a wager accordingly.
Kabaddi betting for Indian players
Kabaddi is a contact game that marks its origin back in ancient India. It is a contact game involving two teams of seven members, facing off in a large square arena for two halves of twenty minutes each. The game has since then gained popularity across India, and now it is possible to bet on it.
Due to the rarity of the sport, the number of sites offering an opportunity to bet on kabaddi are few. And to bet in one, you ought to be familiar with the game and stay updated whenever the leagues start.
Football betting for Indian players
Football betting is perhaps a household term since most sports punters begin their betting journey here. Fortunately, almost every betting site in India offers its users the opportunity to bet on football. Be it the local games or international matches. Some of the best betting sites in India include Betway, Royal Panda, and LeoVegas, among others. Betting on football in India has never been this easier; the accessibility is incredible.
Horse racing betting for Indians
Horse racing is yet another sports gamers can bet on all over India, from Mumbai to Hyderabad. An enthusiast Horse Race betting fan can catch a race at the comfort of their home and bet on the track of their choice. They can wager on the tracks in India or opt to go international by taking part in races held in Ireland, the US, or the UK.
Hockey betting for Indian players
Field hockey is yet another popular sport in India. It is no surprise the number of gamers in the competition is in thousands, if not millions. Having won a couple of titles in the international scene, betting on a hockey game is a lucrative venture as long as you know the drill. Nevertheless, odds in a hockey game are not easy to decipher, but they are not impossible to learn. In addition to understanding the game, you have to stay updated on the sports news.
Basketball betting for Indian players
This ten-player, four-quarter game is also another promising betting game. In India, you can bet on different leagues of the NBA or the WNBA or stick to the local tournaments.
Basketball is a top-rated international sport. There are several sites on the internet that can help you analyse the games without necessarily knowing about the rules. Basketball betting is one sport you can bet on passively and wait for earnings to come back. But having a bit of background knowledge of the teams at least will work in your favour.
Top tips and mistakes to avoid for beginners
If you have been anxious to join the betting world and have no clue how to go about it, worry not, we got your back. We will give you a few pointers that will undoubtedly keep you on the right track when placing bets.
1.Choose your betting sites carefully
Often, when one is starting on something new, you are tempted to jump on the first opportunity that comes your way. And in as much as this may work for some things, doing the same on betting is not a good idea. Betting needs some form of smartness and strategy.
You do not necessarily have to have a high IQ but possess the ability to decipher a credible site for a fake one. This is because, in the plethora of betting websites on the internet, only a few are genuine.
So much so, you need to read the fine print to find out if the site you are willing to put your money in to is legit. And to get here, you must do a bit of background research on a particular website by checking its reviews online.
In addition to the reviews, you have to confirm your preferred site has all the required legal documentation to be handling a betting platform. This way, you are guaranteed your money is safe, and if you win, you get the profits. Moreover, you will not face legal penalties in case of any discrepancies if any, since you are gambling under the jurisdictions of the law.
2. Study the games, master them and specialize
Sports betting is extensive. Therefore, you owe it to yourself to find out what you like and sharpen your agility at it. If it is football you fancy, stick to football betting and if it is Cricket, do the same.
Sticking to a specific sport, you have a passion for will take you further into learning more as you gather a couple of coins along the way. It becomes a win-win situation for you. There is no need struggling to bet on basketball while you do not have the slightest knowledge on the leagues, let alone the game itself. Remember, you are a newbie, so stick to one or at most two games then diversify once you become a pro.
3. Formulate a bankroll and manage it properly
Betting is a hobby, although some consider it a luxury. The reason it is regarded as a luxury is that the money you use should ideally be the surplus of your income. It should be the cash you have as an extra after sorting out all your basic needs. And so you should have a proper system in place to further manage this amount.
Therefore, consider making a bankroll so that you remain within your limits. Most amateurs get into betting without a bankroll, and this has devastating results since you lack control over the money you spend gaming.
Mistakes to avoid While betting Online
The number one mistake that may land you in a hot soup is betting randomly without thinking twice. Going straight into placing a wager without considering a few factors that might affect the game is plain stupid.
If you do this, you will lose without a doubt, and if you win, then it was just a lucky day. But remember, this might not last, and so you must plan your moves, do the analysis, consult a friend or an expert, then place your bet. This way, even if the prediction goes sour, you will have learned, and you won’t resent yourself for it.
2. Mismanaging your bankroll
You might have a bankroll, which works to your advantage. But if you do not make an effort to manage it, then it becomes useless. Without discipline, you will end up bitting more than you can chew, and this might render you broke or even worse bankrupt. And if you reach a point of digging into the cash meant for basic needs, then you are headed down the road of destruction. So, if you are a beginner, stick to your backroll, it really does help.
3. Betting intoxicated
Making decisions under the influence of drugs and alcohol is a terrible idea. In this state, your judgment is clogged, and you cannot think analytically. Your level of confidence might be a notch higher, but all that might be the chemicals ingested telling you so. The false belief can be detrimental and make you even press the wrong button. So much so, it is better safe than sorry. If you can barely see or walk, it is probably not a good idea to bet. But if you must, ask a friend who isn’t intoxicated to do it for you.
How To Make Money with Sports Betting Sites In India
The ways to make money with sports betting are quite straightforward, and they are as follows;
- Have and maintain a bankroll. This will keep you in the safe zone and help you quantify your gains alongside your losses, and this makes your financial assessment easier.
- You must possess the patience to bet responsibly and in the right state of mind free from drugs and alcohol.
- Bet with an open mind recognising that betting is a game of chance, you can win and at the same time, lose.
- To win, you must take your time to analyse the leagues, the teams as well as the players you are to bet on.
- Lastly, strive to stay updated every step of your betting journey to stay in top gear and a stride ahead.
How to Get a Welcome Bonus at signups?
Most sites on the internet today offer their first-time visitors attractive bonuses when they sign up on the site. The bonuses offered could be free spins, full refund on deposits, or even total cash return on a bet.
Getting these bonuses requires one to open an account with a betting site and make a deposit on your account. On the flip side though, gifts may not apply to regular gamers, but this depends on the site you use for betting.
Nevertheless, Leo Vegas casino offers 22 No Deposit free spins bonus. And when you sign up and deposit some bucks, the earnings from the free spins will reflect in your wallet. Surprisingly, you get additional 25 free spins for every $300+ you deposit and up to 200% bonus offer.
How to Deposit Money at an Online Betting Site In India?
The first way you can deposit funds into your account is through mobile banking, and the second is via bank transfer using debit or credit cards. The third way is through money transfer services such as Cards, Neosurf, AstroPay Card, EcoPays, Skrill, Eco Vouher, or NETeller, among others. All you need to have is sufficient funds in your accounts to move them to your wallet, and you can use that money any time you want to bet.
How to Withdraw Money From Your Indian Betting Account?
The channels used to withdraw cash are fundamentally the same you used to deposit it into your betting wallet.
Is Online sports betting legal in India?
Gambling is a state subject in India and only individual states are entitled to come up with rules for their regions. For example, the state of Sikkim offers online betting firms and lotteries leeway to do business.
But again, any offshore company in the gambling niche should provide Rupee as a mode of payment for punters. Currently, out of the 7 Union Territories in India, only 3 allow casinos as legal. Fortunately, the casinos listed on our website are safe and abide by the set guidelines acceptable all over India.
FAQ (Frequently Asked Questions)
How do we know which sporting site is fully trustable?
A trustable site must have all the necessary certification and license documentation to operate. And you can confirm this by going through betting companies’ terms and conditions or checking their online reviews.
Do these betting sites have age restrictions?
Yes, they do. You must have attained at least the age of 18 to bet.
Do I have to install any software for sports betting on my PC?
Well, most betting sites are available through their websites, although some offer clients a downloadable version for offline betting.
What payment methods are recommendable on betting sites in India?
Payment methods like Cards, Neosurf, AstroPay Card, EcoPays,Skrill, Muchbetter, EcoVouher, NETeller and Skrill are perfect financial services that players can use to transfer funds to and fro their betting site wallets.
Buck: slang for $100.
Bankroll: money set aside for placing bets.
Betting exchange: this is a betting market that allows betters to bet against each other instead of using a bookmaker.
Bookmaker: a person or enterprise that has specialised in betting and act as middlemen in the exercise.
Decimal odds: one of three formats used for expressing odds. Popular in Europe.
Favourite: a selection in a bet that is likely to win.
Fractional odds: one of the three formats used for expressing odds. Popular in the UK.
Moneyline odds: one of the three formats used for expressing odds. Popular in the USA.
Odds: this is a figure that determines the potential of a bet.
Payout: This is the amount of money paid out by a bookmaker after a win.
Punter: A slang term referring to a bettor.
Push: A tied wager, where the stake is returned to the bettor.
Return: The cash received from winning a wager
Sportsbook: Alternative name for a bookmaker.
Spread: An abbreviation of points in a range.
Stake: the sun of money wagered.
Underdog: the selection in a betting market least likely to win.