Sports Betting Guide India

by Advik Bakshi
| 23/08/2020

Eager to get started on your personal sports betting online experience in India? With top Indian sportsbook reviews, periodically upgraded lists of recommended Indian-friendly bookies, competitive odds and markets and a plethora of information on how to easily get started, India Casinos is your go-to sports betting guide in the country.

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Getting Started On Sports Betting Online: Betting Dictionary

  • Bookmaker is a betting term that refers to all entities that accept online wagers from punters and provide betting odds.

  • Tips refer to the predictions that experts in the industry make concerning upcoming events.

  • In-play bets refer to betting on a fixture such as a game of cricket or a horse race competition that has already started. The betting occurs after the event has started and it can continue up to the conclusion of the event.

  • Dividends refer to the amount of payout that the punter will receive from a winning bet. For example, when betting on cricket online winning INR 10 bet at 2.00 odds would pay an INR 20 dividend.

  • Betting exchanges are services that provide marketplaces that have preset odds. Bettors are allowed to back their bets at the respective odds and lay their bets while playing the role of bookmakers.

  • Lagana or backing are interchangeable terms that refer to betting on the fact that a certain outcome during a sports event will occur. For instance, instead of betting on backing the Mumbai team to win the Indian Premier League of Cricket, you will lay Mumbai players. In other words, your bet will be a winning one provided any other team instead of the Mumbai team will win the tournament.

  • Khana or laying are terms that refer to betting that a certain outcome will not occur. When a punter lays a result, he plays the role of a bookmaker, betting against other bettors. This is a type of bet that can double the payout provided the bettor is right. At the same time, bettors will be asked to payout at the previously agreed odds, provided the opposite happens. A khana or lay bet will, therefore, enable punters to act like bookmakers.

  • Single bets refer to bets that are placed on just a single outcome during a sports event. The simplicity of these bets makes it one of the best options to get started with as a new punter with little to no betting experience.

  • Fixed odds bets refer to the odds a punter will receive when placing a bet online.

  • Multi bets are another important betting term that refers to individual bets that bring together two or several more selections in just one bet. Provided one of the outcomes fails to occur, the punter loses the bet. The odds of these bets are generated by the product of the individual selection odds.

  • Tote betting refers to betting on specific bet types that are placed in the same pool. The payoff odds are calculated by dividing the pool amongst all bets as soon as the house-take is removed.

Types Of Popular Sports Bets

sport betting guideWin bets refer to horse racing wagers on the winner of the race. The punter will receive its dividend provided he will have guessed the winning horse. Minimum Tote bet is INR 10.

Forecast bets refer to the two different options that can be wagered together as the first and second finishing horses during a horse race in the exact order in which they have been chosen.

Second Horse Pool or SHP bets refer to selecting a certain horse to come in second in a horse race, with the wager losing provided the selected horse ends up winning the race or coming in third.

Match bets are some of the most popular types of straight bets on cricket. They refer to betting on the winner of a match and they enable punters to choose sides.

Kenchi bets ask punters to choose the winners in the upcoming three to five horse races, with a minimum of two horses winning bringing punters their rewarding dividends.

Tanala bets refer to making three selections in relation to the first, second and third-placed finishers during a race in the selected order.

Treble bets refer to betting on all winners during three upcoming races. Guessing one or two selections will not bring punters any consolation dividends.

Betting Odds Explained

Sports betting odds will tell you how likely it is for an event to occur while giving you an idea on how much money you should expect to win. Odds are usually expressed in fractions, decimals or moneyline formats. Punters in India who use online sports betting guides like this one are used to decimal odds thanks to Asian sportsbooks supporting this format. Decimal odds refer to the amount that a bet will return for one unit of wagered money. The unit refers to the currency used, in this case, Indian Rupees. A ₹1000 bet with 1.85 odds will return ₹1850.

How To Bet On Sports Online

  • Choose a top bookie site. Read expert reviews and check out fresh ratings so you can only select the most reliable bookies. See that they cover the markets and sports you are interested in and make sure you can use Indian Rupees as a primary currency for making deposits and placing wagers. You can also compare what kind of sign up bonuses or even free bets to get started the betting sites offer. 

  • Register a new player account by looking for the Register/Join Now button and fill in the necessary information.

  • Make a deposit using the dedicated deposit button or search for the depositing option in the My Account area and choose your favourite depositing methods.

  • Place your first bet on a top online sports betting platform. If you are a seasoned punter and you already know how to place a sports bet online, go straight to the betting slip, enter the amount you would like to wager, confirm your bet and wait for the outcome of the match or race. If you need a few extra pointers, take a look at our sports betting guides, free sports betting tips, predictions and other useful betting tools that can help you get started.

Use the free sports betting tips in this guide for Indian punters to get started on the right foot and only use the most advantageous bookmakers starting today!

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