The financial issue of bookmakers can be divided into two subcategories:
- Variety of payment options
- Speed of transactions
The ideal situation is the combination of huge variety and fast transactions. However, there are many factors that influence both items. Among the key ones are the specifics of the country’s financial sector and the level of security offered by the bookie.
Technical functioning and support
If you open the top 10 betting sites, you’ll find smooth functioning of the platforms, which is facilitated by live support. Industry leaders know that customer service is the key to players’ high retention and overall satisfaction.
The above-mentioned guide to choosing bookmakers forms a core for Indian bettors too. However, local bettors have to pay special attention to the following aspects:
- Legality
- Financial specifics
- Sports preferences
It doesn’t mean that India’s best betting sites shouldn’t have live support or wide sports variety. But those aspects are critical for all the online bookies independently of the location, while the legal and financial issues are quite specific in India.
TAlmost all forms of gambling are forbidden in India due to the Public Gambling Act of 1867. The next review of the issue was made in 2000 with the appearance of the Information Technology Act. However, the latter document has too weird formulations, and so courts mainly refuse to rely on it when discussing gambling cases.
It led to the situation when the federal government gave states the right to deal with all the forms of gambling. Three states decided to legalise land-based casinos, but the majority of the territories forbid games of chance. However, almost all the restrictions towards gambling relate to brick-and-mortar activity, while the digital sector is mainly free. Nonetheless, the local government doesn’t allow having an online betting site in India, while venues registered abroad aren’t prohibited.
These nuances mean that Indian players have to seek the bookmaker with a reliable license, received in Curacao, Malta, or Gibraltar. Bookies with UK’s or Swedish permission are also trusted ones, but those documents mean higher taxes and rarely go to India with lower chances to earn.