Before we get into the legality of Bet365 in India, we should point out that the legality of online betting in India as a whole has been the subject of debate for quite some time. And with the increasing punter base in India, the debate is getting even hotter.
While it might be difficult to give a straight answer, loopholes and legalities exist. But on the bright side, Indian states are actively working on legalizing gambling as a business in the country.
Where Do Indians Bet Online?
Well, there are many online betting sites in India. However, Bet365.com is by far the most preferred betting site by Indian punters.
Bet365 has enjoyed success in the small market, mainly because they allow Indians to use Rupees and offer multiple payment options. Moreover, Bet365.com is probably by far the safest bookmaker from the UK to India. But before you dive in head first, we recommend that you first familiarize yourself with the simple cricket betting strategies since it’s the most popular sport in India.
How to Bet on Bet365 from India
Betting on Bet365.com is simple. Below is a simplified process to get you started.
Creating an account
To bet on Bet365, you first need to set up an account. Luckily, Bet365 makes the process easy. There are only four steps involved, meaning that you will be done in a few minutes. Usually, they run sign up bonuses so you should be on the lookout for these as well after you’ve created the account and verified it.
To place a bet, you need money in the casino’s account. So how do you get money into your Bet365 account? Below are the options available to you:
The beauty of these payment options is that it’s free to deposit cash into your betting account and you can wager with Rupees.
Withdrawing your funds
Though deposits are almost instant, withdrawals take some time to hit your bank account. Unfortunately, you can’t withdraw winnings into your bank account directly. However, you can use eWallets listed above like Skrill as an intermediary. What you do is that you withdraw the money into the Skrill account and later transfer it into your bank account.
Why Bet365 is famous in India
First and foremost, Bet365 is an online betting site with its headquarters in the UK. The site was created in 2000 and has since grown into a global betting beast. Currently has more than 23 million customers from around the world. It is licensed by the Gibraltar Government and regulated by the Gibraltar Gambling Commissioner.
Bet365 is the to-go-to betting site for many Indians for a variety of reasons. At the top of the list is that it supports a wide range of betting markets, including cricket (which is close to the hearts of many Indians).
Second, it accepts gambling in Indian rupees, which get rid of the currency exchange hassle and the money loss that occurs in the process. Third, it has Indian-friendly payment methods, and fourth it has a mobile betting up, which improves its convenience.
Online Betting Laws in India
The Public Gambling Act, 1867
Yes, you read that right. The Indian government uses laws created before the advent of the internet to curtail indulgence in online activity. Now, this act, at the time of being passed, applied to ten states that were under British rule. However, the law was amended to apply to every other state as well. And though there have been changes over the years, the law has remained intact.
This act banned the operation of a venue for gambling purposes. It also made it illegal for Indians to visit the venues.
Based on the above explanation, it’s clear that the act is vague when applied to current online gambling behavior. It leaves a lot to interpretation. For instance, is betting on cricket games illegal in the same way rolling dice is? Some people argue that some skill is involved in cricket betting and rolling dice is a game of chance.
The IT Act, 2000
This is a law that regulates cyber activities in India. However, in the act, there’s no mention of gambling or betting anywhere. For this reason, online betting platforms, including Bet365, are not covered in the act.
Prize Competition Act, 1955
The prize competition act was enforced in 1955 to put a restriction on games that awarded prizes as part of winnings. The law prohibits any prize competition in which the prize offered for soling puzzles either alphabet, number, missing word, crossword of pictures, and where the prize is more than 1,000 Rupees is prohibited by law under this act.
Before this act was put into place, territories of Madras, Bombay, Andhra, Uttar Pradesh, Orissa, Madhya Pradesh, and Hyderabad had their own versions of the law. But when this law was effected, it applied to all the territories.
Now, this law is divided into 20 sections, many of which speak about punishments and some about the licensing options.
Recent Legal Developments
The most recent update from the legal authorities in the betting industry in India is on the recommendation of the Law Commission of India. The commission suggested that betting in India be legalised. But on the other hand, it stated that these betting and gambling activities will have to be conducted in a regulated manner.
According to the commission, they don’t see how boycotting the gambling industry will help to generate the desired outcomes.
How Indian Online Gambling Laws Affect You
Overall, the legality surrounding the Indian betting environment is somewhat unclear. Many big gambling sites welcome punters from India. However, they operate overseas and are as such, not governed by the gambling laws in India.
Now, aside from the Maharashtra, there’s no single law that clearly says it’s illegal for Indian residents to participate in online gambling behavior. Also, so far, no Indian has been prosecuted or even charged for being on a gambling site.
Legal Loophole – Why Bet365 is Legal in India?
Online gambling is legal in India for a couple of reasons.
Indian Law vs. Local Laws
The reason why betting sites like Bet365, Betway etc aren’t banned from India is that it is not based in India as the servers are located in the UK. And, the Indian gambling laws only apply to laws that are based within India. For instance, if an Indian flies to England for business or pleasure and in the process places a bet on different sporting events, then they are not breaking any laws since betting is allowed in England.
However, if the bet was placed while in India and a betting site based in India, then the individual could be considered as breaking the anti-gambling laws put in place.
Evading the Foreign Exchange Management Act (FEMA)
So now the question is, the Indian players who bet on overseas betting sites using Indian currency, how come the government isn’t banning the payments?
Well, here’s the thing – there’s a lot of ambiguity surrounding Indian gambling laws. And with the smarts of online betting platforms, Indians are enjoying a smooth betting experience without getting into conflict with the law.
For a while, betting platforms were accepting credit cards and debit cards from Indian banks. But in a bid to kill gambling in India, the government banned this. As such, betting sites don’t accept debit and credit cards from India. It’s not their fault, but the Indian government’s.
To bypass this problem, betting sites introduced virtual money. So Indians are converting their money into virtual money and use it to bet. A couple of eWallets accept Indians and thus make gambling easier for them.
E-wallet solutions for India are the following;
Unfortunately, India does not allow you to use PayPal to deposit on online bookmakers.
The future of Bet365 in India
The future of betting in India is literally in the hands of Indian lawmakers. A strong and all-encompassing law can cripple the industry and stop all gambling activities once and for all. While this is a possibility, we are curious to see what they come up with in the future. But as for now, many online betting startup companies are launching and utilizing the existing loopholes in the Indian gambling laws.
The startups are not only mushrooming in online betting platforms, but also in the eWallet sector, which adds to the options Indian punters have for making online payments.
The online gambling industry in India is indeed large, and it continues to grow by the day. However, some laws try to suffocate the industry. Most of these laws were made even before the internet was a thought in the minds of many.
While many updates and amendments have been made to the laws, there are several loopholes that online betting sites take advantage of. So, despite the government’s efforts, the industry continues to grow. No one has been prosecuted or thrown in jail for online gambling as it is. If you’ve been thinking about gambling in India, choose Bet365 and do so without fear of prosecution.