Betting on sport online is a relatively new experience for many punters in India, so it is not surprising that we receive so many queries on a daily basis. We noticed that a large number of folks were asking similar, if not the same, questions, so we have put the most frequently-asked of them right here in our sports FAQ.
This is where you can find out some of the basics of enjoying one of the most exciting things you can do on a computer or an Android, iOS, or other mobile device.
The best way to start betting on sport online is to read our reviews of the best bookmakers for Indian punters. You can then choose the site that best caters to your interests or meets your requirements. You then need to sign up for an account, which you can do by clicking the sign-up or register button on the site’s homepage. You will be required to submit identity documents to confirm your age and identity.
In most cases, you won’t have to download any software when you want to place bets online. Sportsbooks can easily be accessed in your favourite browser, on any device. However, Android and iOS users usually also have the option of downloading and installing the app.
The downloads take up precious memory space on tablets and smartphones, but they might also offer more services, such as additional banking methods or casino games, than the browser-based bookmakers. Decide which format is most important to you, and what suits your needs best.
Simply put, if you predict an event during or outcome of a game or race, you will win money. Your payout is determined by the odds of your prediction coming true. The greater the odds, the less likely it is that whatever your prediction was will happen. However, bigger odds also mean bigger payouts when you are correct. In other words, more risk means more potential reward in sports betting. You need to weigh up whether you feel the possible payouts are worth the risk you take every time you place a wager.
Yes, you will have to pay taxes on your winnings. Although in some cases India’s gambling taxation laws are a little unclear, the payouts are classified as income tax and the levy on all online sports betting wins is set at 30%.
It may be easier to ask what sports you cannot bet on. The online bookmakers we recommend boast a veritable galaxy of options, including India’s most popular sports, a few you may never even have heard of, and almost everything in between. You can even find novelty markets, such as betting on the name of the next British royal baby, the winners of TV talent shows, the movements of financial markets, and even the result of Indian and other national elections.
Betting on sport at the online bookmakers we recommend is safe. Our favourite sites are powered by the most reliable software, and use high-tech data encryption to keep their banking pages and punters’ details secure. They also are licensed and regulated. Of course, this is no guarantee that the team, athlete, horse, or greyhound on which you bet will win.
You can deposit rupees into your bookmaker account by using one of several methods available in India. The most popular of them are web wallets such as Neteller and Skrill. You also can use credit cards and instant banking.
The easiest way of making a withdrawal at the sports betting sites we recommend is via a web wallet. Not only are brands such as Neteller secure, they also offer the shortest waiting period. Some sites process web wallet withdrawals within 24 hours.
The finest online bookmakers for Indians have made placing bets as easy as clicking a mouse or tapping a smartphone or tablet touchscreen. Once you have signed into your account, you can find the odds for the event on which you want to bet, and then simply select the relevant option to see it added to your virtual betting slip. You can add multiple bets to the same slip, and confirm and submit it once you have selected all the betting options you want to take.
Yes, you can claim free bet bonuses. We recommend online sports betting brands that offer such bonuses to punters who sign up for an account and make a deposit. Similar offers also can be made to promote certain events, such as a derby or tournament.
There is no need to panic if you forget your login details. Most, if not all, reputable online bookmakers include a Forgot Password? button on the homepage. Alternatively, you can contact the brand’s customer service department using live chat or email.