When it comes to online sports betting statistics and facts play a vital role, to make you better understand the betting industry of India. During the last several years, we have seen tremendous growth in the online betting industry of India. Despite issues related to legality, the online betting has become even more popular with each passing day and because of the widespread activities in India taking place online at an unprecedented scale. The scope and size of the betting industry on the internet in India is growing so much sometimes it seems that we would have to really dig deep to see how much has changed over the years.
An Overview of the Online Betting Industry of India
There are certain indications and facts that can still help us determine the direction in which the best sports betting sites are moving. Since the market is changing a great deal and this industry has seen double digit growth because of increased internet access and more disposable income available among young Indians. This blog post looks at some of the facts that would relate to the changing of the online Indian betting industry to give you a clearer idea.
The data that we are providing here is just a mere opinion based on the facts and statistics that our researchers have collected to provide a general information. Any decision based on this information or statistics or fact and the results from it will be solely your responsibility and we will not be held responsible for it.
Fact 1 – Who is a Typical Indian Online Bettor?
When it comes to online sports betting one of the things is the profile of a typical Indian better. It means looking at their age and gender. Almost 9 out of 10 are male and only 1 is a woman. This means for now it is a male dominated industry. There doesn’t seem to be a chance of these things changing any time soon.
The facts that we have collected also reflect that most of the individuals are between 18 and 24 and have the less active group is of the individuals between 25 and 34. Out of 3 individuals one is between 18 and 24 and the other one is between 25 and 34 years of age. This is a straightforward statistic for best sports betting sites since more of the younger generation is interested with a higher risk taking tendency.
Fact 2 – Region of the Usual Online Sports Betting Punters in India
There is less involved of punters who belong to the eastern or the northern states. Instead, we see more of the states in central and southern India with a relatively liberal mindset to be more interested in the online betting industry of India.
Some of the top Indian states that prove to have the most enthusiasts for online betting in India include Maharashtra, Karnataka, and Telangana. Some of the South-Central Indian states also have participants’ in the online betting scene of India.
There are some restrictions too in some of the states of India that can result in discouraging some of the individuals from participating in online sports betting.
Fact 3 – Best Sports Betting Sites Online in India
There are many online sports betting sites out there that claim to be the best. However, not every one of them is worth your money. Also, cricket is one of the many sports that betting websites in India support. There are other sports too and if you like variety, try to use a website that also supports other types of sports betting games too including football, horse racing, and field hockey among many. Some of the big names in the popular online betting industry of India include Betway, Bet365 and 1xBet. These sites have gain popularity because they target a big audience and support different payment methods including PhonePe, UPI, and NetBanking.
Fact 4 – How Many Place Online Bets in India?
There is no doubt about the fact that the best sports betting sites in India are growing at a much faster rate. However, if you are looking for the total number of individuals participating in the online sports betting websites, there are no exact numbers. Some say there are 5 million or 10 million but there are no exact figures for that. Big betting sites in India like Bet365 do receive a lot of local traffic. But it is safe to assume there are millions who participate in these online betting sites each month from India and get engaged in such activities.
Fact 5 – The Size of the Online Indian Betting Venture
There is no doubt that there’s a lot of growth in the online sports betting scene in India. More of the younger lot is getting into betting online to make some quick bucks. There are several reasons for this sudden hype. One reason is the availability of high-speed internet that increases the outreach of such websites to the more remote regions of the country.
With all these details you can well imagine that the online sports betting in India is still growing. With the regulatory affairs in order, things will gradually become better for the cricket bettors of India.