So, what if the Metaverse actually is the future of cricket betting?
Just glancing at the sheer amounts of money that investors are rushing to pour in for real estate in the Metaverse gives us the urge to reconsider our own investment strategies, if we have any of those, of course. The virtual real estate market is functioning like any other property market with everybody focusing on “Location, Location, Location”, while no one knows if this is going to burst like a bubble or if it is a real boom.
Even the virtual realtors have become a hot thing: Metaverse Group, a pioneer among the Metaverse real estate companies, sold 50 percent of its own stock for approximately $1.7 million. The buyer, Tokens.com – a blockchain technology and decentralized finance (DeFi) company, is building a tower in Decentraland, one of the Metaverse worlds, with the hope of monetizing from leases and advertising for luxury fashion brands.
Decentraland has a limited number of 90,000 parcels of land, each measuring around 50 by 50 feet (15 by 15 meters). In the largest so-far Metaverse real estate deal, Tokens.com acquired 116 of them, all located in the fashion district, for 618,000 MANA, Decentralands own digital currency, or roughly $2.5 million. The plan is to develop the virtual land into a hub for brands like Louis Vuitton, Gucci, Burberry who already have a presence in the Metaverse through NFTs (non-fungible tokens).
Trying to explain the investment rush, Metaverse cofounder Michael Gord said, “As more people participate, it’s where you’re going with friends, where you’re having experiences like conferences and concerts. It’s inevitable that the metaverse will be the No. 1 social network in the world.”
The Metaverse Group deals with the sale and rental of virtual plots of land in several realms, including not only Decentraland, but also the Sandbox, Upland, Cryptovoxels, and Somnium.
“Imagine if you came to New York when it was farmland, and you had the option to get a block of SoHo,” Michael Gord explained. “If someone wants to buy a block of real estate in SoHo today, it’s priceless, it’s not on the market. That same experience is going to happen in the metaverse.”
It also seems inevitable that soon regular fans of the game can get a front-row seat at a cricket match from the comfort of their couch, and being able to bet on the match seems even more inevitable. Estimates on the current size of the Indian sports betting market vary between ?3 and ?10 lakh crore (around $40 and $150 billion), with most of it being illegal and cash-based, and around 80 percent revolving around cricket.
Metaverse cricket betting, on the other hand, will be happening in a traceable digital environment, where finance is blockchain powered and money is cryptocurrency. Therefore, betting on cricket from the Metaverse will be able to exist only in a legal and regulated form, and will resemble more today’s online cricket betting at sites with reliable licenses such as Malta, Cura?ao, or Gibraltar, and not deal with illegal bookies.
Proceeds from black-market betting are usually laundered or reinvested into other criminal activities, including trafficking of drugs, racketeering, and violence, not to mention bribes and fixing of matches. Money flows from Metaverse cricket betting will be taxed and go to public needs and welfare programs, instead of leading to the emergence of criminal syndicates like the notorious Mumbai-based D-Company.
Illegal betting leaves gamblers prone to addiction to chance and fate, while with regulated betting in the Metaverse problem gambling will be addressed and people with such vulnerabilities will have access to professional support. Protection for problem bettors will also include responsible gambling and self exclusion mechanisms, limits on deposits, monitoring for problem behavior and technological safety nets.
Are you looking for the best betting sites in India? Bettingsites24.in is a one-stop website that has a whole lot of bookmaker reviews, bonus guides, and best betting site guides to mention but a few takeaways. We take every word with a pinch of salt and carry out independent examination for every bookie listed on this site. Our team of experts has handpicked the best sportsbook based on a very transparent process that we have outlined here. Continue reading to learn what bettingsites24.in has for you.
With the burgeoning of the Indian betting market and the possibility to bet using the offshore bookmakers, India has become a hotbed for online bookmakers. Not only has it become the recent attraction to them, but the market is rapidly growing as a result from the high volume cricket wagers. The result has been an influx of online betting companies each offering players from India irresistible offers and rewards. But how do you know the right bookie to trust them with your money? This page outlines everything you need to know about the best betting sites. It includes what you should consider when choosing a betting site, a guide on how to deposit money to your account and much more. Keep on reading to find out more.
Betting in India remains to be a grey area. There are no clear rules as to what is legal and illegal. As a result, players have always turned out to professionals to seek help in understanding the right approach to betting in India. Once such reliable place is Bettingsites24.in. To address the circumstances surrounding betting in India, this website covers the following topics:
The legal gambling age in India
How to deposit and withdraw money in India
Best India bookmakers
How to get started gambling in India
Besides the excitement that comes with winning, betting online goes a long way to the thrill and fun that comes with betting. And with the fast changing trends in technology, there hasn’t been any better time to bet online than now. This is because the advanced technology allows bettors to wager on live matches, cash out real money on running bets, stream matches live and much more. In this section, you are going to learn how to immerse yourself in this fun-promising activity; but only with the best Indian online bookies.
To get started you first need to search for a legit bookmaker. The online betting space is filled by many sportsbooks each promising new players bonuses and other exciting perks. In as much as the bookies are promising nice perks, not all of them are sincere. You should do a thorough investigation about the bookmaker by checking out the license information to ensure you only deal with legit bookmakers.
This site has a dedicated page that talks about legit bookmakers who you should consider. The betting site allows Indian players to deposit and withdraw money in Indian rupee using local banks.
Most of the websites targeting Indians have a wide collection of games to bet on. However, most of them seem not to address the issue of what games are a favorite among Indians. Below is a guide on Indian favorite sports games to bet on.
Its undeniable that cricket has found a way into many Indian bettors. It is a game loved and gambled by most of Indians. This site provides an in-depth overview of the best Indian sites to bet on cricket. The sites highlighted in these website list competitions such as ICC, Indian premier league, and much more. The sites allow bettors to place live bets, stream matches live, and cash out. Here you can learn the tips for cricket betting in India.
If you like betting on football, here at Bettingsites24.in you will find a whole range of top betting sites that allows players to wager on football. The sites have high odds as outlined below; have convenient payment methods, and fast payouts. The betting markets are diverse from popular European competitions such as English premier league and Europa league to Indian Super League and much more. Learn more about football betting tips in India.
With the Indian market fast gaining attraction among many sportsbook, there has been a surge of bookmaker targeting the Indian population. The result has been a competitive playing filed, but we still maintain to give a fine focus to the bookies. The bookie in this website successfully passed the following test to be chosen among the best.
Licensing – The online betting space is filled with claims of customers complaining of unfair treatment by online sportsbook. Therefore, licensing has become the chief consideration that we put into consideration before listing any bookie on this website. At no point shall we recommend any site that is unregulated or associated with scams. Furthermore, we recommended for sites that are regulated by strict regulators such as the UK Gambling Commission and Malta Gamming Authority.
Odds and Payout – the difference between what one bettor wins from let’s say site X and another bettor wins from site Y using the same stake is influenced by the odds. The difference could be significant depending on the bookmaker’s margin. We take this serious and rate highly bookmakers with high odds. Also, Payout is important as no Indian Player would want his payment delayed for no valid reason. This website lists bookmakers with the fastest and highest payouts.
Betting Markets – Despite that excitement that comes with winning, players are always seeking entertainment when betting online. One of the ways that players are assured of having fun is by having an option to choose between different market and different sports. Despite Indians being known to love cricket, Indian bettors love betting on football and horse racing. You will also find a huge community of India eSports fans. Therefore, we rate high sites that provide players with a huge variety of betting markets.
Bonuses and Promotions – Though not a compulsory to be offered by bookies, sites that bonuses and promotions have become an attraction to many players. To some extent bonuses show some level of gratitude and warm gesture to players. The same image might be a replication of the values of the online bookie towards players. However, we take every word about the bonuses with a pinch of salt and delve deeper to examine the wagering requirements. Only sites with the straightforward wagering requirement make it to the best India betting site.
Payment Methods – While ranking India betting sites, we take into consideration the convenience of payment methods that are offered to the Indian players. Our bias is on India online betting sites that allow players to deposit using rupees. Also, the site should provide players with a range of baking options such as eWallets, cards, and prepaid cards. Some of the commonly used payment methods include Neteller, Skrill and Paysafecard.
Before committing your money, time, and energy, these are some of the crucial aspects to consider.
This is an essential factor to consider. After doing your research and coming up with good sites, make a comparison of their free bets and welcome bonus. These are a great way to help players earn money without having to pool in real money.
Some bookies bookie charges a commission or fees on player’s winnings or on transactions. After compiling a list of the best betting sites, compare their rate of commission expected to be deducted from your earnings. Choose the bookies that charges the least or the ones that don’t charge at all. This way, you’ll be assured that you will be taking home a more significant share of your profits.
Odds competitiveness plays a significant role if players have to get the most out of their selection value. Some bookmakers don’t offer players the advertised bet rates. To ensure an odd offer is valid, start by placing a small bet before placing a large sum on the table. You could also consider using an odd comparison checker which is free to check online.
The most common payment methods include debit or credit cards, checks, e-wallets, prepaid cards, and bank transfers, among others. Check whether the sites offer familiar payment methods or those accessible in India.
It would be better if the platform accepts Indian Rupees as one of their currencies. This will make it easy for you to make currency conversion and transaction charges.
The best bookmaker will feature a wide selection of betting markets. Depending on your preference, you can choose the one that offers your favorite events and sports. As cricket is an attraction amongst Indian bettors, countercheck if they have cricket in their range of betting markets. Another great feature is the live betting option.
Check what activities and games the site offer odds. If you spot your favorite sports on their list, the site is a bookie worth considering.
You’ll find numerous online reviews on betting sites, which is a significant factor when choosing a bookie. These reviews provide an in-depth and real insight into the betting site. This is one of such website that provide independent reviews about Indian bookmakers.
As mentioned earlier, it’s essential to look at the offered bonuses by each website before making a choice. Here are some of the things to keep an eye on when it comes to offers and bonuses.
Whether you are new to betting or you are an experienced punter, you shouldn’t just consider the bonus offer when choosing a bookmaker. Although a welcome bonus sounds excellent, you should look out for longevity.
Bonus offers are short-time solutions, and punters don’t make much money from them. You’ll have a better chance if you choose a bookie based on other factors, including supply, high odds, and your favorite sports.
Other bookmakers also give their loyal punters offers that exceed the welcome bonus in the long run. Consider some sports betting tips.
For you to benefit from a free bet, you’ll need to make a minimum deposit and in some cases place a bet to receive the free bet. However, there are some things you should consider about free bets before jumping in. They include:
The bet amount
Considering all these factors, what are some of the best betting sites in India? Numerous websites accept Indian players including:
Bet365 is one of largest bookmakers in UK and Europe at large. Established in 2000, the company has grown by leaps and bound to become a force to reckon with in the online betting industry. It boasts of a customer base of over 35 million customer worldwide and presence in over 100 countries – India included.
Bet365 India isn’t any different from its parent entity. Bet365 India treats its customers with a wide array of offers and promotions. New players have a chance to get a welcome bonus which has a realistic wagering requirement. The range of markets is diverse and includes sports that are a favorite amongst the Indian population such as cricket. Bet365 has diverse payment methods including Skrill and Neteller which are convenient for most Indian players. Leveraging on its good reputation and solid regulation, Bet365 India makes it at the top as one of the best online betting company’s that Indian players should consider.
This is regarded as the best betting site in India for many reasons. Betway is a globally recognized company that offers a complete betting experience. Betway has a big selection of different sports, which include popular Indian games and virtual sports.
If you are looking for the ideal betting site to place your bets on horse racing and cricket, this is your best choice. Another pro with this site is that they accept rupees as one of their currencies. They also offer a great welcome bonus of up to 2,500 rupees.
This is also a global website that also accepts Indian punters. They feature some of the most popular Indian sports and punters can also view their website in Hindi if they wish. To show how serious they are with attracting Indian players, they also have Indian customer service.
It’s their way of ensuring that all their Indian players get the help they need. They have also made the first experience better by offering an exciting welcome bonus offer of up to 15,000 rupees once you sign up.
This is another excellent betting website in India. Although it’s registered in Curacao, they have done an excellent marketing job to Indian players. One of the great things about this betting site is that they offer many Indian sports, with horse racing, cricket, and kabaddi dominating this sportsbook.
Additionally, Indian players can also deposit Rupees. New customers also get a sign-up bonus of up to Rs 7,500 when they open an account. All these factors make this betting site one of the best in India.
Now that you have a list of the best betting sites in India, the next step is learning how to open an account on one of them. The process is easy and quick as you only have to find the ‘Register’ button displayed on the page.
You’ll get redirected to the sign-up page where you will have to provide some information to complete the registration process. The required information includes:
An ID card, a valid passport, or a PAN-card
A valid email address
Armed with these, you only need to fill out your personal details, date of birth, address, and your name. You will then get an email prompting you to validate your account all viola; you have a betting account.
The next step involves funding your account and you can now start placing your bets on the site.
There are various ways punters can fund their betting accounts. What matters is what works best for you. Betting sites display all the payment options they accept, generally at the bottom of the page.
You’ll notice either the MasterCard or VISA symbols displayed. However, it would be wise to avoid these methods as some people experience problems when paying with these options from India.
Some of the cases involve the money not getting transferred to the betting website but instead got reimbursed by the credit card issuer.
To avoid these problems, consider other safe options to fund your account. Most of these betting sites accept the popular eWallets including Skrill, EcoBanq, and Neteller. Use your credit cards to deposit money to your eWallet and then transfer it to the site afterwards.
Some sites also accept Paypal, which you can take advantage of deposit funds. You can also choose bank transfers though they take time.
We consider a plethora of factors when rating bookmakers some of which have been discussed above. Others including:
Odds and Betting Selections
Ease cricket betting betrallyindiaThe Best Betting Sites in India 2022 of Use and Usability of the Website
Safety and Reliability