What is online sports betting? Why is it gaining popularity in India?
In the last few years, online sports betting has become quite popular in India, with people betting on cricket, football, tennis, and other sports. But, to those, who are more accustomed to traditional ways of betting, it might just be difficult to understand what online sports betting is after all.
With a mobile phone or a laptop in your hand, it’s really easy to find such online sportsbooks and research the odds and terms & conditions they are offering.
In essence, it works like traditional sportsbooks, but as a bettor, you don’t have to go to a gambling den or a specific part of your city to find like-minded people who are willing to wager on sports. All you have to do is, find online sportsbooks, spend some time to understand what they offer, shortlist those whose terms you like, and you’re all set to begin.
There are a number of companies based out of India, which are running online sportsbooks aimed at potential bettors in India. But playing with companies based in India can be legally risky as this is against the law.
It is safer to bet from brands that are based outside of India as there is no law, which prohibits online betting from companies based outside of India. You can bet safely on Fun88, which has a gambling license from the gaming corporation in the Philippines.
Why is online sports betting gaining popularity in India?
- Convenience and Ease:
Online sports betting has caught the fancy of many because it’s convenient and easy. Thanks to online platforms like Fun88 the speed with which you can place your bets is unprecedented. All you have to do is go to the website, select your favourite sport, and place your bets. What’s more, we even provide you tips, predictions, and other tools that help you research before placing your bets. You don’t have to call anyone, and neither do you have to travel anywhere. Just sit back and relax and play with your favourite betting platform.
- Increase in smartphone and data usage:
In the last five years, smartphone and mobile data have become a lot more affordable in India than earlier. As a result, many people in Tier 2 & 3 cities and villages are using smartphones and utilising the potential of digital technology. At the same time, sports betting companies have websites and apps, which are easy to access through mobile phones. This is the reason that a lot of Indians have started using their smartphones for placing bets online. Go to www.fun88.com/in now or download our app now.
- Safe payment modes are available.
No financial transaction is possible without the availability of safe and secure payment methods. Many online betting sites support UPI wallets like Paytm, Google Pay, and PhonePe, making it easier for people to transfer money online. Apart from that, most sites even support Netbanking for those who want to use this mode of transfer. Fun88 has extensive payment options to suit your needs. Just deposit with a payment method of your choice.
- A huge line-up of tournaments.
For sports betting, tournaments and matches must keep on happening. When it comes to cricket, a significant number of people bet on the Indian Premier League (IPL) matches. That’s why online IPL betting is really popular. Apart from that, bettors also wager on bilateral series, like India vs Australia or India vs England, etc. and on all kinds of matches, whether T-20, test matches, and ODIs. Apart from cricket betting, people also wager on sports like football, hockey, and tennis in India.
Although online sports betting have gained popularity in India, it’s still early days and the sector has tremendous potential to grow. The presence of reliable and trustworthy players like Fun88 will attract more people to online sports betting.
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