On this page ill try to put all the Questions and Answers which generally arises in the minds of Indian Bettors before they sign up at any online betting sites to bet on matches. I am going to put all the quesries in Question and Answer format for a better understanding and also the questions and answers will be in sequence so that it will even more comfortable to understand:
Q:I am from India, Is it Legal to bet? A: Since you are from Indian and as per Indian Gambling Law betting on sports is illegal except Horse Racing.
Q:Can i bet on offshore online betting sites? Is that Legal? A: Yes, You can bet on offshore betting websites which are not situated in India, regarding the legality point of view it is still vauge wether its legal or not. Govt. of India has not made any provisions for Online Betting, hence you can bet on the Online Betting Sites without any problem (but keeping some key points in your mind).
Q:What are the key Points that needs to follow at the time of betting online? A: Below are the key points that needs to be followed at the time of Betting Online:
1. Bet only on the India friendly betting sites.
2. Never Disclose you Credit/Debit Card or Indian Bank Account informations to any online betting websites.
3. Betting is full of risk so please only gamble with funds that you can afford to lose.
Q:Which are the best and trustworthy online betting sites that accepts bettors from India? A: bet365, williamhill, back2win, 10bet and 888Sport are among the India's favourite Online Sportsbook but I have made a table on the home page labled as "Online Sports Betting Sites that accepts Bettors from India" you can refer that for a detailed Information.
Q:How we can hide our Credit Card or Bank Account details from online betting sites? A: Its very simple to do that, insted of directly opening a betting site account and enter your details there, you need to open e-wallet such as Neteller.com or Moneybookers.com and then use these e-wallets as a medium of deposit and withdrawal of your funds to your online sportsbook account.
Q:Which e-wallets are reliable to use? A: I highly recommend of opening an account either with Neteller.com or Skrill.com (which was previously known as Moneybookers.com). These e-wallets are best in the market and they are serving there customers for a longer time and they are also acceptable to almost all online betting websites.
Q:Why i will have to open these e-wallets account? why can't i directly deposit and withdraw to my Credit Card or Indian bank Account? A: The reason behind this is, if you use your credit card or bank account at online betting sites then the transactions takes place with them will appear on your credit card statement or Bank Account statement and hence your banker will know that you are using your funds for gambling purpose. Therefore to hide these transactions to appear on your statment we have to open e-wallet accounts so that your banker will only see the transactions to and from the e-wallet account only and not the full details of your betting account.
Q: What is the procedure to start betting online? A: Once your e-wallet account is all set after the verifications you are now allowed to start betting on any online betting sites that accepts bettors from India. Now you will have to deposit your e-wallet account either by Credit Card or Bank Account and then you can transfer the same to your online beeting account. And if you want to withdraw the same to your Indian bank account then you will have to do reverse of that. now first you need to transfer your Betting Account funds to your e-wallet and then from e-wallet to your indian bank account.
Q: What are the betting terms used in the online betting sites? A: for a detailed information you need to go to types of betting odds page.
As far as my knowledge is concerned i have written down all the questions and answers over here but still if you have any doubts then just feel free to contact me at: OnlineBettingSites(@)gmail(.)com
OnlineBettingSites.in is presented for informational and entertainment purposes only 18+ - Check all local laws or seek your own legal council from an attorney accordingly before gambling online.