Is Betway Legal in India? Complete guide
Betway is one of the most popular and reliable betting sites in India. And it’s a wise move on your part to find out if Betway is legal in India before going to their website.
To answer briefly, yes, Betway is legal in India.
An Indian user has nothing to worry about when placing bets on their betting site.
In 2022 Betway has a multi-million player audience all over the world, not just in Asia. They, including customers from India, are attracted by the great welcome bonuses and high odds in many markets of this sportsbook.
However, how many of them know about the legality of online sports betting and the legality of Betway’s website for an Indian citizen? On the one hand, Betway has two major gambling licenses. On the other hand, it’s not that simple.
Table of Contents
In this article, we answer questions about how legal Betway is in India and in specific states, where any gambling entertainment is under strict prohibition.
3 Facts Why Betway is Legal in India
Let’s begin by answering the most important question why Betway is legal in India and you won’t get in trouble for online betting on this site.
- Betway is registered in Malta
Its headquarters are located there, with additional offices in London, Guernsey, and Madrid.
Betway has no office in India, which means it is an offshore business for an Indian user.
Betting with an offshore company you do not risk anything.
The main thing you need to do is to choose a trusted betting site that accepts deposits in INR.
- The site accepts deposits in INR
Accepting deposits in the local currency is important for any sportsbook that wants to operate in India.
Banking organizations can keep track of monetary transactions in which currency conversions occur. For example, when you deposit on a site that only accepts USD or EUR, then your bank will convert INR to USD and only then perform the transaction. Such operations may be subject to additional checks and attract the attention of the bank’s security services.
- Availability of convenient payment systems
A huge number of banks, online wallets, and other methods for deposit and withdrawal of winnings were added to the interface. Cooperation with each of these payment systems makes Betway a safe betting site.
Indian players can use Netbanking, UPI, VISA/MasterCard, Paytm, Skrill, Neteller, AstroPay, and ecoPayz to make deposits.
It’s better to deposit in INR or crypto currency!
In addition, the presence of INR in the list of currencies allows you not to overpay for exchange transactions.
So after all, we can conclude that Betway is legal for India and many other countries.
Betting sites that are also legal in India:
Is Betway legal in states like Telangana, Karnataka, and Andhra Pradesh?
Telangana is a state in India with some of the strictest gambling laws in the country. The government here sees it as a problem and a threat to the livelihood of the people. That is why a huge number of organizations, books, and gambling are prohibited in this state.
All rules are regulated by the Telangana Gambling Act, which was signed in 1974.
However, players from this state can try their hand and their luck on the Betway website.
Under this Act, all types of gambling, both offline and online, are prohibited in the country. Online activities were amended in 2017.
Depending on the specific offense of this Act, a person could face up to 2 years in prison or a fine of up to 10,000 Indian Rupees. It would seem to be a scary offense not worth the risk.
However, no one in Telangana has ever been prosecuted in any way for online betting sites. True, this only works for those players who bet in offshore sportsbooks. And that is exactly where Betway belongs!
That is why we can surely say, that Betway is legal in Telangana.
Players from that state can use the sportsbook without worrying about creating an account, making deposits, and placing bets. The main thing is to deposit either INR or cryptocurrencies.
By the way, horse racing betting is even officially allowed in Telangana!
Is Betway Legal In Karnataka
The Gambling Act, which was signed into law in 1867, is in force throughout India. It prohibits the use of bookmakers by Indian citizens. However, because the law was created about 150 years ago, it does not include online betting and online casinos.
Not long ago, Karnataka tried to ban online gambling. However, the All India Gambling Federation opposed it, which is why the prohibition was never enforced.
For this reason, Karnataka players don’t have to worry about the legality of online betting at Betway. They can also bet at offshore betting websites, which includes Betway.
As in most other states, in Karnataka, betting on horse racing is officially allowed not only in online sports betting websites, but also offline.
Like most other states, Andhra Pradesh has its law called the Andhra Pradesh Gambling Act, which has been in effect since 1974. All the provisions of this legislation prohibit gambling. Except for horse racing and skill games (soccer, hockey, volleyball, basketball, and many others do not belong to them).
The penalty is small: a fine of $1.50 or up to a month in jail.
But life is different and it almost never comes to punishment. You can find a couple of cases on the Internet where a person was arrested in a gambling house.
But that was almost in the last century!
No Indians have ever been punished for online betting in Andhra Pradesh.
And since Betway is an online sportsbook that is registered outside India, you have nothing to worry about.
We get it: Betway is an offshore company that is legal in India. However, the question often remains with players: is this betting site safe, and is it not cheating on players? In the article above we touched on this question indirectly, but now let’s look into it in more depth and detail.
Beyond that, Betway has a lot to show off. Sportsbook has:
- Malta Gaming Authority license number MGA / B2C / 130 / 2006. MGA license gives the right to provide gambling services.
- United Kingdom Gambling Commission License #000-039372-R-319367. UKGC license allows sportsbooks to offer a service for the placement of bets.
- Certification by the eCogra auditing company.
- Sponsorship and partnership with major soccer and cricket clubs.
- Membership of the Betting Adjudication Service (aka IBAS).
If you’re into betting, you’ve probably heard of these organizations.
They are some of the largest and most reputable bodies that check sports betting websites and give them licenses to provide betting services.
You can check the validity of licenses on the official Betway website.
The company has all the necessary documentation, which you can find on the official website Betway.com. In addition, the company is constantly successful in licensing, which is held every few years.
Betway is a sports betting website that was founded in 2006 and has earned a leading position among the largest sportsbooks and is now operating legally in dozens of countries.
But why do players prefer to bet money here and why should you choose this particular betting site?
In our Betway review, we wrote about many advantages of this sportsbook. Let’s go over them briefly:
- A huge number of events, including cricket, soccer, hockey, cybersports, and other sports.
- No limit on the number of bets per day or month.
- Excellent odds, especially if you place a lot of bets.
- Variety of market types: final score, goal difference, whether there will be removals, and so on.
- Simple bonuses up to ₹60,000.
- Free bets of up to ₹500.
- Plenty of payment methods that suit Indian players (UPI, Netbanking, Skrill, Neteller, and others).
- Minimum deposit of ₹200 available to everyone.
- Fast withdrawal of money (from 2 to 24 hours).
- Convenient and feature-rich mobile application.
- Simple and user-friendly interface of the website.
Despite the plenty of advantages, one can highlight the most important – safety and reliability.
You can easily register on the sportsbook’s website, although it will take some time.
Here is the step-by-step guide to registering Betway:
- Open the official Betway.com website.
- Click on the “Register” button, which is located in the right corner of the screen.
- Enter your username, email address, and password twice.
- Enter your login, email address, and password two times.
- Click “Next” and enter your name, date of birth, and country on the next screen.
- Click on “Next” and enter the contact information: phone number and residence address.
- Set the deposit limit: daily, weekly and monthly.
- Select the interface language as well as the preferred currency.
- Select the welcome gift.
- Confirm your age by checking the appropriate checkbox.
It remains only to press the button “Register” and the process will be completed. You will need to use the specified login and password to login to your account. In addition, you will need to confirm the registration by clicking on the link in the e-mail.
To start betting, you need to make a deposit.
Betway offers a myriad of ways to deposit money:
- AstroPay Cards
- UPI Bank Transfer
- Credit/Debit cards
- ecoPayz Prepaid cards
The minimum deposit for the first time is 200 Indian Rupees. However, the minimum amount of the second deposit will be 500 Indian Rupees.
This amount will not increase in the future. Money is transferred instantly and Betway does not charge any fees to its players. However, the bank or online wallet where the user keeps his money can do this. So be careful.
Verification is the process of confirming your identity, which is required at Betway. This is necessary to verify your details and above all your age. Without verification, you can not withdraw your winnings. Thus, the administration of the site monitors compliance with the rules and safety on the website.
There are several documents you can use to confirm your identity:
- PAN card
- driver’s license
- voter ID card
All you have to do is take a picture with the disclosed document in your hand. The picture should clearly show your face, photo, and other data in the disclosed identity document. If the photo is poor quality, the site owners can refuse verification. Verification is required only once, and then you can withdraw the money much faster.
To end with the main question, Betway is a legal sportsbook for Indian players.
The website is meticulous about the safety of its users’ money and data. And this is exactly the place where you can bet and support your favorite teams without worrying about responding to the law.
You can also try one of these trusted and legally betting websites!