MyBetting India reported in 2021 that around 80-90% of the sports betting revenues are from cricket wagering.Īccording to other estimates, the total amount of bets placed on the IPL in 2020 alone was around Rs 50,000 crore ($6.8 billion). Out of this, it is the sports betting industry that’s expected to contribute around 40% of the revenue.Ĭricket is, without a doubt, the most popular sport for betting in India, with the Indian Premier League (IPL) being the biggest tournament.
They also mentioned that the online cricket betting sector has the potential to grow to Rs 2.5 lakh crore ($34.3 billion) by 2025. The Latest Cricket Betting Stats in IndiaĪccording to a report by the All India Gaming Federation, the estimated size of the Indian online gaming industry is around Rs 90,000 crore ($12.36 billion) in 2021.
In this article, we will explore the chances of online regulation of cricket betting in India. However, the legality of cricket betting sites in India has been a topic of debate for a long time. With that considered, it’s no surprise that cricket betting is also a popular activity in India, with many people placing bets on both major and minor cricket matches. Cricket is the most popular sport in India, with millions of fans across the country.
