How big is the cricket betting market in India?

Cricket is an important part of Indian society. The sport accounts for 85% of the Indian sports economy. According to the Public Gaming Act of 1867, betting on cricket is illegal in India, but it's not illegal to bet on games of skill. Online cricket betting is not legal in the country. It will be legalised if the government decides to legalise it.

Cricket betting industry in India is unknown. MyBetting is an online betting guide that helps Indian players with all the intricacies of betting online.

There are 140 million people in India who bet regularly on cricket matches. About 80% of these bets are placed on the cricket match. The illegal cricket betting market in the country is estimated to be worth up to $150 billion per year. This is much higher than the annual turnover of the legal cricket gambling industry, which is $3 billion.

The illegal cricket betting market in India is much bigger than the legal one. Most Indians don't have regular and stable access to the internet. According to estimates, 40% of Indians with access will visit an online betting site at one point or another. The overall online gambling market is growing at a rapid rate of 20% per year. Cricket betting in the country is expected to grow rapidly over the next 5-10 years.