Understanding the Workings of Licensed Online Cricket Betting Sites in India
The cricket betting sites in India offer many ways for the bettors to win the money. However, you need to be careful to deal with an Indian cricket betting website to know that your money is safe. Here is a detailed guide to help you know how to use the licensed betting sites for cricket to make the most money.
Licensed Cricket Betting Sites
There are many betting sites in India for cricket where you can find a lot of opportunities to place wagers. Not every one of them ins a top cricket betting site in India. For you to know which one of these are the best cricket betting sites, you need to dig deeper and apply some logic to this whole notion so that you feel the fun and ease when placing bets online.
For you to avoid using the bad betting sites, we would always suggest that you go for top licensed cricket betting sites.
What is a licensed cricket betting site?
A bookmaker who has obtained a licensed betting site will have to apply through the official government channel and an approval regulator to ensure that they provide legal betting services recognized by the laws and regulations of India.
When you place a bet on cricket online with websites that obtained a license, it gives you more confidence in your ability to withdraw the money that you have won. There are reasons why a lot of professional bettors put their trust in websites for cricket betting that are licensed and regulated by the government.
The quality and character of the Indian cricket betting sites varies a great deal. There are certainly a lot of great betting sites in India for punters. However, a few websites do bring bad name to the entire cricket betting industry of India. You must be aware of such bad bookmakers and always try to find licensed betting sites for cricket to make the most of the experience.
So what is a licensed cricket betting site anyway?
A licensed betting site is a bookmaker which obtained a betting license. The license is either attained from an official or a government approved regulator to provide the legitimacy require for the website to legally operate in the Indian cricket betting industry. Once you start dealing with licensed betting sites, you will find the convenience you can’t find with some of the ones with shady practices.
Let us have a look at the reasons why you need to consider placing bets on online betting sites in India.
Authorities Regulate Every Best Betting Site in India
Licensed betting sites are regulated by proper regulatory authorities and are subject to the oversight and rules, like the official betting regulators.
Malt Gaming Authority or MGA is one such authority that regulates and licenses the cricket betting sites. Many in the cricket gambling industry of Indian consider MGA as the gold started. MGA only offers licenses to the most trusted sites that have established their repute among the punters of the game. MGA ensures that the top legal betting sites in India stay in line and follow their rules by strictly regulating them with the rules to follow. Once a website for betting in India establishes itself only then it is eligible to apply for a license and get one with the Malta Gaming Authority. The UK gambling commission is another regulatory authority that also oversees the licensing of Indian cricket betting sites.
Best Indian betting sites are also regulator driven and focus on winning the trust of their customers. They also make sure that they do everything right so that the regulators always endorse them as a trustworthy cricket website for betting in India.
Besides the above mentioned gaming commissions, there is another commission that helps restore the confidence of cricket bettors in India known as the Curaçao eGaming. It is one of the most established betting regulators but may not be as strict as the UK Gambling Commission or the Malta Gaming Authority.
The best legal betting sites in India show a responsible and accountable attitude. These websites do everything in their power to ensure they undergo financial auditing on a regular basis to keep the trust of their visitors. Every best betting site 2020 takes every measure step that help it showcase its transparent business operations.
An official regulator is the one who issues the license for a betting site to conduct an audit. There can be different ways in which this audit may take place. For example, a betting site that operates legally has to operate within the confines of law. It must abide by the regulations to not indulge any criminal activities.
The license betting sites leave every stone unturned to keep the money of their bettors safe. When such websites get a betting audit, the regular ensures that the money deposited by the players is kept in a separate ring-fenced account. This money has to be kept away from the money that is used to conduct the day to day operations of the enterprise.
An online betting website have to abide by the conditions mentioned above. This allows these websites to provide greater safety to the money of the gamblers even if they are facing a bankruptcy or liquidation. An online cricket betting website is as good as the level of trust that its users have. The regulators make every effort to provide that confidence so that the Indian bettors can place their bets without any fear or intimidation.
Legal Cricket Betting Sites Ensure that You Give Your Feedback
Crooked cricket betting website with fraudulent intentions really do not care about the kind of experience you have using their sites. However, serious legal cricket betting sites in India make the effort to improve the overall user experience. They work towards betterment of their online user journey by focusing on the feedback provided to them by their customers.
Proper sports betting sites in India help you with the withdrawal of the money with ease. However, if you are dealing with a company that has shady business practices, it may try to bury you under a lot of paperwork to make it as difficult as possible for you to withdraw the money.
Every best online sport betting site in India is open to getting licensed by gaming regulatory authorities like MGA.
A betting regulator acts like a trusted body that can help you instill more confidence about a particular website. Players who have been treated unfairly in the past find a lot more confidence dealing with such websites as per the guidelines.
Professional Tip: If you think that you are not being treated fairly by a cricket betting site in India, you can always send them a warning email about the situation to launch a formal complaint. This helps speed up the process.
Trusted betting sites make every effort that they have a positive image in the eye of the public. They operate in a legal manner across all markets to avoid getting into trouble by the regulators and Indian cricket bettors keep using them to place bets and withdraw their win money without any hassle.
Licensed Betting Sites Have More Authentic Corporate Presence
The online cricket betting sites in India are gaining more traction during the last few years. The increase in popularity has given rise to the mushroom growth of such websites and addition of new Indian players placing wagers on them.
Every Indian cricket betting website works hard to ensure that the bettors are provided a trusted, safe, and good betting experience. A few of them however may still not be entirely true in what they are actually doing as they look to scam people of their hard earned money and not paying the wins to the bettors.
To avoid getting preyed by such shady cricket betting sites you need to rely on the licensed betting sites.
Licensed betting sites establish their real corporate entities. They have certain corporate principles and an established value system that they follow with real offices. These companies also operate legitimately and pay their taxes on time to deliver exceptional services without any hassle.
The scam websites operate differently from a top cricket betting site in India. Unlike the best cricket betting sites, these websites do not need to follow any rules. The best cricket betting sites have their own ways of doing things. They really don’t need a license to operate or get any approvals from any of the cricket gambling governing bodies. Instead, they can just fake up a website and start scamming people of their hard earned money. Even if some of these sites try to get a license, they will never be able to open themselves up for the regulators to scrutinize them better.
There is also a substantial amount of fee involved for a legitimate cricket betting website to operate. They have to follow certain code of ethics, rules, and regulations to open their books online for bettors to participate.
Therefore, it is a difficult thing to consider obtaining a license and it will take a lot of time for such websites to win enough trust to get a license.
Which Websites Are Best and Licensed to Play Cricket Bets in India Online?
The betting site licensing system is still a pretty novel concept to the Indian cricket betting industry online. When you want to place bet on cricket online you would you have to do some research. There are many websites for cricket betting that claim to be licensed but surely not all of them have been issued the license or regulated by the different cricket betting commissions. There is still hope that in the future the local betting licensing system is going to improve and that the betting site environment in India gets regulated. Till the time the local regulators become more strong and get greater legitimacy, we would have to rely on the foreign websites to know which one of the cricket betting websites online are licensed.
Can Only Licensed Websites Legally Operate in India for the Cricket Industry?
No, that is not the case. Even some of the legal betting sites in India that are operating within the domains of the regulations and providing legitimate customer experience are legal. But make sure that you read this entire article to differentiate the best betting site in India that is operating legally from the ones do not following any ethics or rules.
The typical requirements that you would find which make a cricket betting site legal are usually.
1. They are not operating within India and outside its boundaries (which is debatable at best). Many of them have established their offices overseas.
2. The betting sites have to accept the bettors’ money in Indian rupees.
After carefully going through all that we have discussed for a cricket website for betting in India, we would suggest that you still with licensed ones. The licensed best Indian betting site would always strive to retain its status so that more of the bettors trust it and it is able to build its brand around that reputation.
Joining a Licensed Cricket Betting Site
There are several reasons why you must always consider joining a legitimate cricket betting website. One of the top reasons is that the site’s management would do everything in its power to ensure that utmost protection is provided to its players and the money that they have deposited. Licensed betting sites invest a significant amount of money to keep an upgraded IT infrastructure.
Promotions Offered by Online Cricket Betting Sites
One of the many variables to consider is that many of the top Indian cricket betting sites list is to also know the bookies associated with them. A smart bookie would always understand the types of cricketing bets that you would like to make and offer you the best cricket betting promotions. They would also ensure that you are given all the information that you require. Please bear in mind that betting in any sport is not easy. However, promotions provide an exceptional way to boost the winnings. The online cricket betting experts do a lot of research to provide the punters with the most authentic odds and best promotions to keep their interest alive.
The legal betting sites in India do offer free betting options, which can at times make a lot of difference. Every best betting site 2020 at some point in time offers such free betting options to lure in more players. Many of the new breed of bookmakers focus a lot more on the betting promotions offered. Many punters also emphasize on prioritizing the bonus offers and do not focus too much on the quality of the odds placed. Well such punters are too emotional about just winning the money. But in most cases, unfortunately they are not able to progress a lot. Instead, they focus too much on the welcome bonus. They should instead focus on building their knowledge about the game that would help them in the long run instead of trying to earn some quick bucks.
When you are dealing with an online betting website ensure that you know the terms related to the bonus. The promotions keep on changing in the world of online cricket betting, therefore it is critical that you keep on looking at the promotions before you try to claim them and get the money tied to them.
Custom Promotional Betting Odds Offered on Cricket Games in Local Currencies
The ability to cash your bet winning is of paramount importance. This particularly becomes a challenging affair when the players not able to withdraw money in the local currency, i.e. Indian Rupees. This is a problematic proposition and many sports betting sites in India are always trying to find a work around. They know that Indian cricket betters would be attracted more towards them if they can find cash in Indian Rupees against their wins. Every best online sport betting site in India accepts the bettor’s money in local currencies. You can find a cricket free bet by going to Google and you will find many reliable options, you just need to look a bit harder.
Some Key Features of Top-Tier Cricket Bookmakers
There are many factors that differentiate an ordinary bookmaker online from the top cricket betting websites. The criteria are refined with more websites that you see online and check the different bookmakers. Here are some of the factors that would define a great cricket betting site in India.
§ The facilitate the bettors by accepting the different methods of payment to facilitate the deposits and withdrawals.
§ To provide competitive odds that only well-established cricket betting websites can offer.
§ Ensure that the players can cash-out and to also check reviews to know if the other punters are trusting them or not.
§ Provide clear directions without any shady conditions to make it easy for the bettors to qualify for the different bets.
§ Offer great knowledgeable information and guides that would help the players through updated forums and blogs.
§ Keep their websites updated with the latest information on the teams playing to deliver all you need to make the most well-informed decisions.