BREAKING NEWS! Leading online betting site, Betway, has completely withdrawn from the Indian market with immediate effect, after informing bettors that they have “regrettably elected to cease trading” in India. This comes after the government implemented a 28% tax on turnover for offshore gambling companies.
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 changes will also significantly impact the commercial viability of Fantasy Sports products like Dream 11 and legal Rummy companies like Junglee.
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. Before signing up, please be aware that online betting in India is not regulated, it is neither legal nor illegal. We have listed our top 3 betting sites to bet with in the absence of Betway
Betting Site
Welcome Bonus
Promo Code
More Info
1xBet
120% Welcome Bonus up to 42,000 INR
SUPERBOOST
1xBet Guide
Parimatch
150% Deposit Bonus up to 30,000 INR
PARI150
Parimatch Guide
MostBet
First Deposit Bonus of 34,000 INR
COMPLETE
MostBet Guide
Out of these 3, 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 SUPERBOOST.
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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 their 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 – enquiries@betway.com. 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 Indian, you cannot bet with Betway for the Cricket World Cup, 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 SUPERBOOST at registration.
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