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Why has online sports gaming in India been growing in popularity?

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Betting has been a part of Indian culture for centuries, with traditional forms of betting, such as Matka and Jhandi Munda, being popular in certain regions. However, with the advent of the internet and the growth of online sports betting platforms, betting has become more accessible and convenient for users across the country.

The availability of international sports such as football, cricket, and tennis has also contributed to the growth of sports betting in India. With the popularity of these sports, online betting platforms and exchanges like Betinexchange have started offering betting options on these sports, attracting more users.

The popularity of Sports betting

Sports betting has grown in popularity in India over the past few years thanks to a combination of factors. In this article, we will explore why sports betting in India has become increasingly popular.

  1. Increase in Internet and Mobile Penetration. With the widespread availability of smartphones and cheap data plans, more people have access to the internet and are using it for various purposes, including online sports betting
  2. Cultural Acceptance. Sports betting has always been a part of Indian culture, with traditional forms of betting such as Matka and Jhandi Munda being popular in certain regions. With the growth of the online betting industry, more people can participate in this cultural activity online
  3. Availability of International Sports. The availability of international sports has also contributed to the growth of sports betting in India. With the popularity of sports such as football, cricket, and tennis, many online betting platforms are now offering betting options on these sports, attracting more users
  4. Competitive Odds and Bonuses. Lastly, the competitive odds and bonuses offered by online sports betting platforms have also contributed to the growth of sports betting in India. With various betting options and attractive bonuses, more users are inclined to try their luck with online sports betting
  5. Pandemic. In 2020, the COVID-19 pandemic and subsequent lockdowns led to a surge in online sports betting activity in India, with many people turning to online betting as a form of entertainment during the period of social distancing and isolation
  6. The Indian Premier League (IPL), a professional Twenty20 cricket league, has become a major attraction for sports bettors in India. The league generates huge betting volumes, with estimates suggesting that the amount of money bet on the IPL could be as high as $2 billion per season

According to a report by the International Centre for Sports Security, the Indian sports betting market is estimated at around $150 billion annually. Professional bettors of Bet In Exchange sportsbook predict continued growth thanks to increased internet and mobile penetration, cultural acceptance, availability of international sports, and competitive odds and bonuses offered by online sports betting platforms.

With the growth of the online betting industry, more people can participate in this cultural activity from the comfort of their homes, leading to a surge in the popularity of sports betting in India.

Northlines
Northlines
The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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