Sports Betting Revolution

INDIA'S SPORTS BETTING

REVOLUTION:

EXPLORING THE

REASONS BEHIND ITS RAPID RISE

INTRODUCTION

The betting business is one of the fastest-growing in the world economy, and sports betting helps it grow. Gambling has been more prevalent in India's society in recent years. In India, many individuals like betting on sporting events, particularly cricket. They discover a lot of online bookmakers, but occasionally they are unable to choose which sportsbook in India is the greatest to use. Three factors, in general, explain why Live s ports betting in India is becoming more popular :

IT IS LIKELY THAT SPORTS BETTING WILL BECOME INCREASINGLY LEGAL

Online gambling is legal in India, yet sports betting continues to operate in some sort of murky territory. There are no specific regulations that prohibit Indians from utilizing online bookmaking services that are headquartered in nations where online sports betting is recognized as lawful. Sports betting is considered illegal in India; as a result, betting websites must be located outside of India in order to be legitimate. It is possible that India would legalize online sports betting in the future, although this is unlikely based on the growing trend of Indian nationals placing online sports wagers.

INDIANS USE THEIR PHONE MORE

Since 2020, Indians have been using their mobile phones for one-third of their waking hours, which may be another factor contributing to the growth of online sports betting in India. Many sports betting websites offer websites or programs that are ideal for use on smartphones and that are popular with users. It is safe to assume that Indian users of laptops and PCs spend less time on their smartphones than they do on other digital devices. This is unquestionably one of the main factors driving India's increase in online sports betting.

SPORTS BETTING HAS BECOME MORE POPULAR AS A RESULT OF THE POPULARITY OF CRICKET AND FOOTBALL

The two most popular sports in India are football and cricket, according to Indians themselves. The popularity of these two sports among Indians has undoubtedly greatly boosted the country's online sports betting market. It is unclear whether sports betting would become more popular in India if football and cricket were not played there. But it would not be as well-known as it is now if these two sports betting games were absent.