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LEGALISING ONLINE CASINOS IN INDIA
India has positioned itself as one the big superpowers in the world. Coupled this with an ever-growing population (1 billion and counting) and the country is poised to become one of the biggest markets for online casinos. That is if the government can get its act together and legalise it fully.
It seems that citizens of India are still in limbo with regards to legality of online gambling. The good news is that the online casinos found on this site are perfectly legal. The top ten presented below consists of online casinos that possess the relevant licenses that make for a safe and secure playing experience.
The answer is a resounding yes and anyone telling you otherwise is straight up lying to you. The more important question to be asked is in terms what is defined as legal gambling and illegal gambling.
There are two forms of gambling that are completely legal in India.
Horse racing was made legal in 1996 given how the profitability surrounding the horse breeding industry. Lotteries are also legal and have persisted through the legal changes of the past two centuries.
Both forms of legal gambling are an excellent source of revenue for the tax department.In that last few years some rather unconventional forms of gambling have popped up in two states where the activity is also deemed legal – Goa and Sikkim. These states have led the charge when it comes to both offline and online gambling.
Goa is known for a number of casinos including offshore casinos catering to the higher stakes players. These offshore casinos are synonymous with holding large poker tournaments. Sikkim has carved out a niche for itself by providing the only legal betting website in India via the Playwin lottery.
Both these states are generally considered to anomalies where the overwhelming majority of gambling is illegal.
The state of Maharashtra for example has a blanket ban on all things gambling be it offline or online. Despite this the size of illegal gambling that takes place in India is staggering.
Cricket being an easy target and rarely does one pick up with the newspaper without the latest cricket betting scandal being advertised.Cricket is an immensely popular sport, attracting millions of viewers per game with a high percentage of these viewers wiling to place a bet on the game.#
Due to lack of a regulated channel, it is evident that most bets will be placed via informal methods making illegal sports betting a lucrative industry.
Card games also hold a dear place in the hearts of many Indians. Games such as Teen Patti and poker are extremely popular especially during times of religious festivals such as Diwali.
This unfortunately creates an opportunity for criminals to set up gaming rooms to host card game tournaments. From time to time these hidden dens are busted by the police which is when the general public gets to hear about them in the news.
ONLINE CASINO | WHY IS ONLINE GAMBLING IN INDIA ILLEGAL?
With the information presented earlier, one would come to the conclusion that gambling should be made legal in India. In fact, gambling has been part of the culture for a long time with ancient Indian Kingdoms taking part in gambling regularly. Its acceptance is widespread to a point that it is an important feature of the Hindu religion.
The amount of time that it has been illegal is much smaller compared to the time when it was in fact legal. The first gambling act was passed in 1867 which prohibited gambling dens to be operated on Indian soil. The Public Gambling Act of 1867 was imposed under British rule who were of the opinion that it would strengthen the Indian economy.
The Act had the opposite effect and rather than curbing the activity, it led to the setup of numerous illegal gambling networks. The crime syndicates were more than happy to take advantage of this and started setting up casino games to facilitate those individuals who still wanted to gamble.
It can be argued that one good thing did in fact come out of the Act which was the decline of cruel betting activities such as cock fighting.
Gambling had one more factor going against it and that came in the guise of Mahatma Gandhi. Gandhi considered the activity to be morally corrupt and spoke against the evils of gambling. As per him, gambling fed off the poor and made the rich richer. He also believed that gambling was undertaken by those looking to gain something out of nothing which was bad for society.
While Gandhi made some compelling arguments against gambling, he failed to take into account the enjoyment that could be had if the activity was regulated. A well-regulated market such as the UK is proof that the activity can be undertaken fairly and responsibly.
Despite the points in favour of gambling it seems that policy makers have no desire to make changes to the gambling laws. They refuse to take into account the economic and social advantages of a regulated gambling market.
More importantly political figures are unwilling to make a move in fear of being attacked by the media and rival political parties.
EFFECT OF LEGAL GAMBLING ON SOCIETY
All in all, the effects of legal gambling have been good for India. Horse racing ingrained into the history and culture of the country has flourished. The Indian Derby has turned into a prestigious affair attended by racing fanatics.
At the racecourse you get to see people from all walks of life mingle with each other which a contrast for a country that is known for its gaping inequalities amongst the citizens.
An increase in attendance to these racing events has a halo effect and leads to the creation of many jobs. Lottery stalls can now be found all over India which in turn provide employment for people that sell and print tickets. All of this leads to an increase in newspaper sales as well in which the results are published.
For the two states were gambling is legalised the effects are even more prominent. Sikkim has gone from being a small, quiet Himalayan state into one of major hubs of the gambling industry.
PlayWin lottery is now widely accepted as the national lottery of India. This has attracted a number of local and international organisations who have invested heavily into the state making it into an economic powerhouse.
Goa, an already popular destination for tourists has been given a further boost with the advent of gambling related activities. The Mandovi river hosts the largest casinos in India on large ferries that are notorious for holding high stake poker tournaments.
Tourists looking to enjoy its beaches and nightlife can now take part in gambling activities as well. It has also had a positive impact on its capital city, Panjim that had previously been neglected.
EFFECT OF ILLEGAL GAMBLING ON SOCIETY
While the legal gambling has created many positive effects the same cannot be said about the illegal gambling. Since the inception of the Public Act of 1867, criminal organisations have had a vice like grip on the market. These networks have adapted with time and are more than capable of dealing with threats from the police.
There seems to be a constant battle that wages between these organisations and the authority which in turn puts a drain on the resources of the country. Hefty amounts of time and money are dedicated to squashing these criminal masterminds which the public believes could be used elsewhere.
The police argue that it is necessary to bust these illegal dens and the money that is earned through illegal gambling is used to further other illegal activities such as funding terrorism and drugs.
Common sense would dictate that gambling should be made legal to prevent the large chunks of money going into the hands of such organisations and for it to be collected as tax instead.
Furthermore, illegal gambling gives rise to the many scandals that have become prevalent in cricket. Match fixing does little to improve India’s image to the rest of the world and legalisation would help to put an end to these scandals.
WHAT LIES AHEAD FOR ONLINE CASINOS IN INDIA
Gambling in either form will continue to thrive in India. Legal gambling has shown the many beneficial effects it has on society. Illegal gambling has shown from time to time how it can put a drain on resources and also hurt the reputation of a country.
Several countries such as UK and most recently Sweden have successfully regulated online casinos and the framework should be used by India as well. I strongly believe that we as citizens of India have a solemn duty to improve the conditions of the country and legalising online casinos will certainly help in this regard.
CAN YOU MAKE MONEY BY PLAYING AT AN ONLINE CASINO?
You may have come across the phrase ‘the house always wins’ which simply means that in the long run the online casino will always make money off you. Having said it there are still ways to make money off an online casino using certain tips and tricks on certain games. However, playing at an online casino should never be your primary source of income.
A recurrent theme found throughout cricketbettingwali.in is that you should always play at an online casino responsibly. You should always bet as much as you can afford and not use an online casino as means to pay off debts.
Digging deeper into the subject matter of making money off an online casino, it is good to know that return to player percentages of casino games.
The most reputable online casinos will be happy to advertise the RTP’s of slot machines. An RTP of 94% implies that you 94% of the money placed into a slot machine is return to the players.
The remainder of the 6% is headed back to the online casino. In the long run that 6% will always go back to the casino. Therefore, the odds are always stacked against you at an online casino and it would be unwise to bet all your money on outcomes that you have little to no control over.
There are instances where players have gotten lucky and have won a fair amount of money. The key word to focus on here is ‘lucky’ especially when it comes to slot machines. If you gamble unwisely, you can also lose a lot of money.
So, my advice is to never play at an online casino when you are tired, under the influence and in a bad state of mind. Online gambling should be viewed as a fun activity and is to be enjoyed where you are in good or happier state of mind.
ONLINE CASINO PROMOTIONS IN INDIA
Aside from all the games you can play, online casinos will also give you the chance to take part in regular offers and promotions. These can help you improve your gaming experience and your chances of winning massive prizes.
In this section, I will cover some of the most common casino promotions and how to receive them.
Casino Tournaments
A casino tournament is a very common promotion that is offered by most online casinos. In a casino tournament, you have to rack up points by playing different casino games. By gaining more points, you will rise up the leader board.
If you manage to land in the top 10, you can win huge cash prizes or luxury items such as cars, flight tickets, smartphones among many other things.
Participating in a casino tournament doesn’t cost anything. You simply join the tournament, and then you start building up points automatically. At some point, you may realize that you have risen high up in the leaderboard without even noticing it!
Cash Back
Cash back is a kind of promotion that quite simply gives you cash back in your casino account, if you have lost money. Some online casinos offer a weekly cash back, whereby you get a certain percentage of your losses returned to you on a specific day of the week. Sometimes you can get as much as 10 – 20% returned to your account.
Free Spins
Free Spins are a special treat for slot machine lovers that let you spin and win without putting any money in. An online casino may offer free spins to jnew customers, or when they launch a new slot machine.
It’s a great way to get acquainted with a slot machine without risking to lose any money!
ONLINE CASINO | MOST TRUSTED AND SECURE BANKING OPTIONS
Consider a scenario where you have found yourself an online casino you like and have made the decision to sign up an account with the said casino. Having breezed through the sign up you decide to select a game of your liking (preferably live casino) and then proceed to make a deposit.
However, this is where things start to take a turn for the worst as you faced with a long list of options. Overwhelmed, you decide to abandon the casino never to return again.
It would’ve certainly helped matters if you knew what the most popular payment methods were and whether they were available in India. Online casinos can have a variety of deposit and withdrawal methods, each with their own set of pros and cons.
My guide here will help you sift through the various options that are available and to help you find a method that is suitable for you.
POPULAR DEBIT AND CREDIT CARDS ACCEPTED
By far the most popular payment method in India, using debit and credit cards is an easy way to start your gaming journey at an online casino. The three most popular cards available include Visa, Mastercard and American Express. Out of the three, VISA is the most popular payment method followed closely by Mastercard.
While American Express is a highly respected card outside of India, within the country it does not enjoy the mainstream success enjoyed by the other two cards.
Safety is of paramount importance when using cards to make a deposit. When using this method, most casinos will ask for your personal details such as name, card number, expiration date, and CVV code.
Some casinos might even let you save the card similar to popular e-commerce sites, so you don’t have to input all the information again.
Once you have provided the relevant information, you click submit and the funds will become available instantly. Some cards such as the American Express might charge you a transaction fee so best to aware of these charges before making a deposit.
POPULAR DEBIT AND CREDIT CARDS ACCEPTED
By far the most popular payment method in India, using debit and credit cards is an easy way to start your gaming journey at an online casino. The three most popular cards available include Visa, Mastercard and American Express. Out of the three, VISA is the most popular payment method followed closely by Mastercard.
While American Express is a highly respected card outside of India, within the country it does not enjoy the mainstream success enjoyed by the other two cards.
Safety is of paramount importance when using cards to make a deposit. When using this method, most casinos will ask for your personal details such as name, card number, expiration date, and CVV code.
Some casinos might even let you save the card similar to popular e-commerce sites, so you don’t have to input all the information again.
Once you have provided the relevant information, you click submit and the funds will become available instantly. Some cards such as the American Express might charge you a transaction fee so best to aware of these charges before making a deposit.
POPULAR E WALLETS ACCEPTED
With the increase in popularity of internet banking, digital or e-wallets have become a viable solution when it comes to depositing funds into a casino. PayPal is an extremely popular wallet, widely available to customers across the world.
A PayPal account can be created in a matter of minutes and also provides PayPal Buyer’s protection with an optional security key and 2 factor authentication.
PayPal is not the only wallet that is available. Other options include Neteller and Skrill. Skrill formerly known as MoneyBrokers was founded in 2001 and is popular for its low cost. There are even more options beyond the big three which include PayNearMe, myCitadel, and ecoPayz, which owns ecoCard.
The biggest advantage of using an e-wallet is the ability to store information from multiple cards in one safe and convenient place.
MOBILE CASINO DEPOSITS AND WITHDRAWALS
Apart from e-wallets, another payment method that is growing in popularity is mobile payment. The payment method works by letting you make deposits using your mobile number.
You have to select the amount that you need to deposit which then shows upon your mobile carrier bill. Players prefer this because you are not required to disclose your debit or credit card information when making a deposit.
As a result, your financial information is never known to a casino which is a plus if you particularly do not trust the encryption methods being used by the casino.
There are quite a few mobile payment methods available with PayTM, Airtel Money and Mobikwik being the most popular ones being used in India.
Other mobile payment methods that you might see on other online casinos include Boku, Zimpler and PayforIt.
Both operator on the same mechanism which is allowing you to use your mobile carrier to make deposits.
Mobile payment methods are fairly new and as a result have mainly been adopted by the largest online casinos operating in the UK and Australia.
However, like any new technology, the demand will increase as more and more customers become familiar with it.
ONLINE CASINOS FAQS
Also referred to as ‘real money casino’, an online casino allows you the player play various games for real money. Depending on the casino you have signed up with, you will be able to select from a variety of games including poker, roulette, blackjack and live casino. You can either win or lose money at the casino depending on your skill and luck.
There are various factors to consider when choosing an online casino to play at. I would advise you to visit the reviews page to find a casino that fits your criteria. Once you have decided which casino to go for, you need to click on the ‘sign up’ or ‘register’ button. Upon pressing the button, you will be presented with a registration form. You will be required to fill in all the details as accurately as possible and within a couple of minutes will have access to a brand-new account at an online casino.
There are tons of online casinos to choose from. At first glance, they might all look the same with the same selection of casino games. You need to make sure that the casinos have the proper accreditation and are licensed either by the UKGC, MGA, or Curacao. Luckily for you, I have done all the hard work and hand-picked online casinos that are safe and secure to use. The casinos on this list use the latest in SSL encryption technology to make sure that your data is safe and secure.
India is still relatively new when it comes to online gambling. Unlike the UK or Sweden, there are only a handful of casinos to choose from but those listed on cricketbettingwali all accept Indian players. As time goes by, I will keep on updating the list to add new casinos that can accept Indian players.
Most of the online casinos that you will on cricketbettingwali will allow you to deposit in rupees.
A welcome bonus is a common tactic used by online casinos to attract you to their site. It is an extra sum of money that is given to you when you create an account at their casino. The most common forms of welcome bonus include a free spin giveaway upon sign-up or a match deposit bonus. The casinos listed on cricketbettingwali all provide different welcome offers so be sure to read the terms and conditions for each before signing up!
A welcome bonus is a common tactic used by online casinos to attract you to their site. It is an extra sum of money that is given to you when you create an account at their casino. The most common forms of welcome bonus include a free spin giveaway upon sign-up or a match deposit bonus. The casinos listed on cricketbettingwali all provide different welcome offers so be sure to read the terms and conditions for each before signing up!
Given that India is still warming up to the idea of online casinos, it is very difficult to pinpoint one casino as the best for Indian players. Each casino on our list has its pros and cons but if were to pick a winner for now, we would recommend you sign up to LeoVegas. They have a good interface, a large selection of games, and an excellent customer service team should you need to ask them a question.
