Did you know that cricket isn’t the national sport of India but it’s certainly the most popular and beloved sport by Indians, and it has become like a religion to some? Almost everyone in India is passionate about cricket and strongly emotional in regard to this game. In just the same way Brazilians have a religious dedication to soccer, Indians have towards cricket, which has led to the emergence of many cricket betting apps. While most of these apps may not be as famous and common as some renowned cricket apps, they are a part of the country’s ever-growing cricket betting market. For those looking to share in the fun and profits this market offers, this comprehensive guide will tell you all there is to know about cricket betting apps and how big this market is.
The Best Cricket Betting Apps In India
The country’s best and most preferred cricket betting apps are designed with tools and features to help players enjoy the best online sportsbooks while keeping their data safe. The licensing authorities expect each cricket betting app to maintain deposit limits and timeouts. Cricket betting is gaining popularity, and with betting options like T20, one-day matches, and tier-one cricket, the bookmakers are trying to keep up with the growing demand by providing players with the best conditions. With all these circumstances and demands in mind, these are some of the best Indian cricket betting apps;
- Khel Raja
- 1xBet
- Betway
- 22Bet
- 4rabet
- Dafabet
- Parimatch.
These bookmakers have the features any cricket enthusiast will look for to enjoy betting. Moreover, they are officially licensed and regulated, so you don’t have to worry about your fund’s safety. The apps also have mobile versions for easy betting on the go, no matter where you are. They are easy to download, free and easy to use. Their bonus systems and promotions are also exceptionally inviting, which has been a means for them to attract more customers and keep the existing ones.
Cricket Betting Apps Market Analysis
The online cricket betting statistics provided by MyBetting.in stipulates that India has over 140 million people who bet on cricket annually, which they do through apps or sites. This number may grow to 370 million during major cricket events and tournaments like IPL. About 80% of this usually bet on cricket matches. Now estimating the worth or how big the cricket betting app market in India is can be a little hard because these apps keep getting new customers each day, and more apps also keep hitting the Indian market.
Cricket betting in India is divided into two, the legal and illegal betting sections. You might be surprised that the illegal cricket betting market is approximately 150 billion dollars, equivalent to approximately Rs. 9.9 Lakh crore per year. This enormous figure dwarfs the legal cricket betting annual turnover, which records at about $3 billion.
There are some great cricket betting apps for real money available to Indian users. And while some Indian states allow online gambling within their jurisdictions, the popularity of cricket betting apps and accessibility on mobile devices has contributed to the apps’ market growth. As a result, millions, 90% of the world’s cricket fans come from India, and they participate in cricket betting activities.
What Contributes To The Growing Cricket Betting App Market In India?
Cricket betting’s best apps have been gaining popularity because of the country’s insane love for the sport. What are some of the major contributors, and why has India’s cricket betting market taken off? Here is a closer look;
Online Cricket Betting Sites And Apps Have Become Easily Accessible
Internet services have boomed in India and are making the country a major player in online cricket betting. Most bookies have also developed mobile-friendly apps that have made it easy for players to place their bets wherever they are. Players can even download these betting apps online to watch cricket games and place in-game bets.
Availability Of A Variety Of Online Cricket Apps
The number of online bookies has increased significantly. And while the legality of betting in India is a huge grey area, more Indians are betting online. According to the Public Gambling Act of 1867, betting in India is illegal. However, it doesn’t state anything about online betting. And since it’s a state subject, more bookmakers are targeting the Indian market with their products.
A Means To Have Fun And Relax
A major reason why Indians bet on cricket is for its fun and relaxation, apart from winning that is. Most people enjoy placing bets for fun, sitting back, and watching how the bet plays out.
You Can Make Money From Knowledge Of Cricket
Cricket betting apps allow players to flex their creative muscles and knowledge and turn their excess cash into huge winnings. Some Indians have even become professional cricket bettors and all this has been possible due to their knowledge of the sport, the information available nowadays, and the affordability of online bookies.
Online sports betting is growing rapidly at 20% yearly in India. A significant share of this growth occurs in the cricket betting sector, which will continue to grow exponentially over the next years. Cricket betting apps have been major contributors due to the flexibility and opportunities they offer players to easily bet on cricket.