Football is the most popular sport in the world, with millions of people participating in it. Although it is also well-liked in India, cricket is still the most popular sport there. As a result, cricket is also the sport with the highest level of wagering.
According to MyBetting, approximately 140 million people in India regularly participate in betting, while 370 million place bets on major events. 80% to 90% of these bettors bet on cricket, and the Indian Premier League and the ICC Men’s T20 are the most popular major events.
With those figures alone, it’s clear how popular cricket betting is in India. But why do so many people in the nation find cricket betting to be so enjoyable? Let’s find out through this article.
5 Reasons for the rising popularity of cricket betting in India
1. The majority of Indians adore cricket
Cricket is quite a popular sport in India. It is one of the most adored sports in India and one of the most watched sports worldwide. Cricket is not only a popular sport in India, but it also has a rich history and tradition. It is one of the oldest sports in the world and has been played in India for decades. As a result, cricket is incredibly popular in India for betting.
2. It is simple to access
One of the reasons cricket betting is so popular in India is the ease with which it can be accessed.
There are several online bookmakers which offer online ID for cricket betting to accommodate Indian bettors. And the majority of them provide simple deposit and withdrawal options.
You can fund your account and place bets using a credit or debit card, an e-wallet, or even cash. Furthermore, with the rise of 4G and smartphones, almost anyone can now access online cricket betting platforms.
3. Various cricket tournaments throughout the year
Cricket betting is extremely popular in India due to the numerous tournaments. Throughout the year, the ICC and BCCI organize a variety of cricket tournaments in various formats. It provides numerous opportunities for bettors to place wagers and win money.
4. It is considered quite safe in India
Another reason could be that there is no federal law in India prohibiting online gambling. It appears to be a safe bet because there haven’t been any reports of anyone being arrested for placing bets online.
Although some Indian states, such as Tamil Nadu, Telangana, and Karnataka, have strictly prohibited online gambling, other states have no restrictions on online betting, which allows many people to bet on their favorite sport.
5. People regard it as an easy way to make money
Another reason cricket betting is so popular in India is that it’s a fun way to make money. With so many games taking place all year long, there are always chances to make some good money.
Of course, you must exercise caution and only bet on matches that you are well-versed in. However, if you know what you’re doing, cricket betting can be a very profitable activity.
Conclusion
We hope that our list of reasons has helped you understand why cricket is such a popular sport for betting in India. Since it is simple to access and can be very profitable if you know what you’re doing.
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