One of the questions we get asked most often at India Bet is whether it is possible to bet online using Indian rupees.
The answer is that it is possible but many international bookmakers do not offer this service yet. You have to be very careful not to open an account with any old online bookie and then find that they cannot transfer money in and out of your account.
The leading online bookmaker that offers online betting using rupees is bet365. Based in Stoke, a city in the Midlands region of England, bet365 was one of the first online bookies and is now a $2 billion plus betting business. It is owned by the Coates family and is widely regarded as one of the leading pioneers in online betting. They are also one of the first companies to work out how to get money in and out of India efficiently for the purposes of online betting. On top of that, they offer more than $300 of free bets to new customers who open a bet365 account, so click on one of our links now and get betting with them!
Other firms that may be able to process online betting transactions from India include William Hill, Ladbrokes and the betting exchange Betfair. Betfair is especially good for betting in running (after the match has started) on cricket.
One good way of betting online with multiple bookmakers is to have an electronic wallet such as NETELLER or Moneybookers. This allows customers to send money to their electronic wallet without it being identified by a bank as a betting transaction. Money can then be sent from the electronic wallet to any bookmaker or to anywhere you want to buy items online. The advantage of companies like NETELLER and Moneybookers is that they specialise in finding ways to get money in numerous currencies and countries - such as rupees in India - and so they are more efficient than most of the bookmakers. They do charge a small fee but it is well worth having an account with them as you will then have access to better odds by being able to bet with multiple bookmakers.