Betting id provider in Tripura

Frequently Asked Questions (FAQ)

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Currently, there are no laws against betting on cricket in India. Betting on cricket is inherently a bet on skill, not luck. That said, all licensed bookmakers in India operate strictly within the legal framework. Licensed bookmakers operating out of India also accept Indian users under the Know Your Customer system.

This is a special license granted to online betting companies that meet the criteria of the relevant licensing authority. Bookmakers need to have a license in the jurisdiction in which they are located in order for their activity to be considered legal. In fact, the license confirms that the bookmaker is under regulation and gives him the right to offer his services to bettors.

Cricket betting is essentially betting on skill rather than luck. As such, they are not illegal under the legal laws of India and your earnings in cricket betting are perfectly legal.

In some countries, there is no tax on winnings from betting on cricket and other sporting disciplines. In India, however, this tax exists and is 30% excluding cess. With cess it is 31.2%. This tax is laid down in section 115BB of the current Indian Income Tax Act. Players are required to report income from online betting when filing their income tax returns.

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