Cricket betting in India operates through both legal and illegal channels. The legal betting options are limited to horse racing and lotteries in most states, while cricket betting mostly happens through underground bookmakers or offshore online platforms.
The process typically involves selecting a match, choosing betting markets like match winner, top batsman, or total runs, and placing wagers with bookmakers. Bookmakers set odds based on team performance, pitch conditions, and player form. Indian punters often use local bookies who operate through trusted networks and settle payments in cash or through informal banking channels.
Popular betting markets include match betting where you predict the winner, tournament winner bets, and proposition bets on individual player performances. Live betting during matches has become increasingly popular, allowing bettors to place wagers as the game unfolds.
Despite its popularity, cricket betting faces legal challenges in India. While some states like Sikkim have regulated betting, most states prohibit it under the Public Gambling Act of 1867. However, skill-based fantasy sports platforms have gained legal acceptance and serve as an alternative for cricket enthusiasts. |
