Betway Withdraw from India: Alternative Legal Betting Sites
On October 1 2024, India’s leading online betting and casino site, Betway.com, withdrew from the Indian market after informing bettors that they have “regrettably elected to cease trading”. This comes after the government implemented a 28% tax on turnover for offshore gambling companies. su
Betway’s withdrawal from India closely follows Bet365’s announcement to also cease trading in India, along with others including Win Daddy and ComeOn. These tax changes will also significantly impact the commercial viability of Fantasy Sports products like Dream 11 and legal Rummy companies like Junglee.
Can I still legally bet in India?
Online betting in India is not regulated, so it is neither legal nor illegal, although there are some states, namely Nagaland, Odisha and Telangana, where it is categorically illegal. A number of bookmakers still operate in India, who hold legitimate gambling licences from the Cuaraco or Malta Gambling Commissions. If you’re looking for a legal betting site that is legit and safe, our favourites are 1xBet and Parimatch. For the best Online Casino, Casino Days is your best pick.
What are the best online betting sites to use instead of Betway in India?
There are a number of alternative options to Betway in India. However, it’s often hard to know which can be trusted and which are legal to bet with. In the absence of Betway.com, we have listed our top 5 betting sites to bet with legally in India.
- 1xBet: 120% Welcome Bonus up to 42,000 INR with promo code COMPLETE1X
- Parimatch: 150% Deposit Bonus up to 30,000 INR with promo code PARI150
- MostBet: First Deposit Bonus of 34,000 INR + Aviator Free Bet with Promo code COMPLETE
- Casino Days: India’s No1 Casino Site
- 22Bet: 100% Welcome Bonus up to 10,000 INR
1xBet India
Out of these 5, 1xBet India is our favourite, due to their great Cricket product, as well as regular promotions, like their Risk Free Betting Offer. They’ve also launched a huge promo code bonus for the Cricket World Cup, by offering a 42,000 INR First Deposit Bonus when you enter promo code COMPLETE1X.
Parimatch India
If 1xBet gains our No1 spot, Parimatch is a very close second. Like 1xBet, they have an incredibly generous Deposit Bonus for new players, offering an industry-leading bonus worth 150% of the first deposit value, up to 30,000 INR. They also really look after their players, offering a first-class product experience, as well as leading promotions and rewards. Our favourite ongoing promotion of any bookmaker for the World Cup is Parimatch’s “Bet Every Day on ICC World Cup And Get ₹1,000 Freebet”! Check them out now!
MostBet India
MostBet is also a great bookmaker for India. Their Welcome Bonus is arguably even stronger than 1xBet and Parimatch! Their Welcome Offer is strong, offering a 34,000 INR deposit bonus! However, where they really excel here, is the No Deposit Bonus Free Spins or Aviator Free Bet! Users get the choice of which to use, without having to make a deposit. So you can make money for free!
Why has Betway been blocked in India?
The Indian Government have been cracking down on offshore betting firms offering online betting and casino services to Indian’s. The government have been blocking websites like Betway preventing users from being able to load them. Betway had previously redirected its site from Betway.com to bdBetway.com and BetwaySatta.com over recent months.
Has Betway stopped accepting Indian Players?
Betway have stopped accepting players in India, having closed their site on Sunday 1st October. Real Money Gaming experts, G2G News broke the story on Sunday, stating that “Illegal betting platform Betway shuts Indian operations”.
Can I still Login to Betway India?
From what we can see, Indian bettors will not be able to login to their accounts as the website cannot be accessed. For any enquiries, users are being instructed to contact Betway via email – [email protected]. There you’ll be able to liaise with an advisor about any funds in the account, existing bets, and for any further information.
FAQ
Which Betting Sites are similar to Betway?
If you’re after a similar betting to what you’ve experienced at Betway, then make sure you check out: Parimatch, 1xBet and MostBet. All 3 have incredibly generous welcome bonuses, localised Indian payment methods, e.g. UPI, and really specialise in cricket betting.
Is Betting Legal in India?
Online betting in India is still a bit of a grey area when it comes to legality. Officially, online sports betting is neither legal nor illegal, as there’s is currently no specific regulation. The government though have introduced a new 28% tax on turnover/stakes which they are demanding those accepting Indian players pay. By implementing this, the Indian market has become unsustainable for a number of betting sites like Betway and Bet365.
Does the Betway App still work in India?
Unfortunately, all Betway real money gaming sites and apps have been blocked in India due to the newly enforced tax that the government have implemented. Betway have withdrawn from market and stopped taking bets of any kind from Indian players. The new conditions were not deemed commercially viable to continue.
Will Betway be back in India?
Time will tell as to whether Betway return to the Indian market. India was reportedly Betway’s biggest market, contributing the lion’s share of their 2021 €329.8m annual revenues from Asia and the Pacific. If the market regulates, or the imposed taxes reduce, then we can expect a return. Is this going to happen quickly? Unlikely!
Can I use Betway for the Cricket World Cup?
In India, you cannot bet with Betway for the Cricket World Cup, the 2024 IPL, or any other sports or casino game for that matter. As of 1 October, Betway is not available in India and will no longer be operating. Over the last 5 years, Betway had firmly established themselves as the no1 betting site for India bettors. If you’re looking to bet on the World Cup, 1xBet are offering a record-breaking 44,000 INR Welcome Bonus when you use promo code COMPLETE1X at registration.
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