22Bet, Melbet, CoinCasino Focus on Indian Sports Betting as IPL 2025 Restarts on May 17
The Indian Premier League (IPL), international cricket events, and emerging fantasy sports platforms have collectively propelled rapid growth in online sports betting in India, despite the complex legal and regulatory challenges that accompany it. With burgeoning market entries and evolving consumer behavior, Indian bettors today enjoy a vibrant ecosystem but must cautiously navigate legal intricacies and potential risks posed by unregulated operators.
India's passion for cricket has found a significant outlet in the booming online betting landscape, transforming digital sports engagement across the nation. Fueled primarily by cricket's unprecedented popularity, the sector has expanded remarkably, underpinned by robust user experiences, innovative financial transactions, and diversified betting markets.
With fantasy sports, regional language support, and fintech integration driving user engagement, India’s sports betting narrative is no longer just about the IPL—it’s about how millions are redefining interaction with sport through the screen, click, and swipe.
Top 10 Online Betting Platforms Winning Over Indian Sports Fans
India's digital punters are spoilt for choice. The market is brimming with innovation, and some new players have entered the Indian market recently. Some of the old betting platforms have also added new features for their members:
Platform | Key Features | Launch Year |
---|---|---|
Instant Casino | Live streaming, 90+ cricket markets, ₹7,500 bonus, instant crypto withdrawals | 2024 |
CoinCasino | ₹30,000 welcome bonus, 100+ IPL markets, WalletConnect, 20+ crypto support | 2024 |
FastSlots | ₹5,000 bonus, early cashouts, future odds for cricket and football | 2025 |
Stake | 200% bonus up to ₹1,00,000, esports focus, supports UPI/Bitcoin | N/A |
4rabet | Hindi UI, bet builder, app-exclusive bonuses | N/A |
22Bet | High cricket odds, INR support, Hindi and local UI | N/A |
Melbet | Live dealer games, fast INR withdrawals, slot tourneys | N/A |
Rajabets | Live games, iOS/Android app, quick betting options | N/A |
BigBoost | Megaways slots, cashback promos, UPI integration | N/A |
Parimatch | Gamified UI, loyalty rewards, live bet UI | N/A |
Newcomers Disrupting India’s Online Betting Ecosystem
The post-2024 betting landscape in India has welcomed disruptive entrants like Instant Casino, CoinCasino, and FastSlots. These platforms have introduced crypto-first banking models, real-time withdrawals, and AI-driven bet builders, tapping into a mobile-first, tech-savvy audience.
Meanwhile, BigBoost and Lucky Spins are carving a niche by blending casino gameplay with traditional betting, adding a layer of entertainment rarely seen in India’s previous betting history.
Cricket Dominates But Other Sports Are Gaining Ground
Cricket remains the gravitational force of Indian betting. From the adrenaline-charged IPL to the grandeur of the ICC Champions Trophy, platforms now offer 100+ markets per match. In 2025, over 230 million viewers tuned in to the Champions Trophy final, setting a national viewership record—and simultaneously pushing online betting volumes into uncharted territory.
Football is quickly following suit. The UEFA Champions League, FIFA World Cup, and Premier League now see growing bets, particularly among Gen Z users in metro cities. And let’s not forget kabaddi, tennis, and horse racing—all of which are now regulars in betting menus, especially during peak league or tournament seasons.
Fantasy Sports Are Powering Year-Round User Engagement
Platforms like Dream11 and My11Circle have transcended the novelty phase. With a sector valuation crossing Rs. 45,000 crore and a user base of 180 million+, fantasy sports now act as a bridge between hardcore analytics and light-hearted fun.
The IPL 2025 season alone is expected to generate between $500–525 million in fantasy revenue. Thanks to its legal recognition as a “game of skill,” fantasy platforms enjoy more regulatory clarity than traditional betting, especially in progressive states like Maharashtra and Karnataka.
Localized Platforms Delivering on Language and Payment Fronts
A huge differentiator for platforms like 4rabet and 22Bet is their commitment to regional language interfaces. This is complemented by UPI, IMPS, Paytm, and Netbanking integration, ensuring smooth financial flows across user demographics—from Delhi’s Gen Z to tier-3 town veterans.
Live commentary in Hindi, Tamil, Telugu, and Bengali is not just a feature—it’s a cultural bridge that deepens user immersion.
Legal Patchwork: A High-Stakes Tightrope
India’s gambling legislation is caught in a time warp. The Public Gambling Act of 1867 was never designed for digital ecosystems. States like Sikkim and Nagaland have led the charge with licensing frameworks, while others like Telangana maintain outright bans.
A 28% GST on online gaming introduced in 2023 further complicates viability, but the government is reportedly working on a framework to differentiate between games of skill and games of chance, offering a potential lifeline to operators and consumers alike.
Why Cricket Betting Still Rules the Roost
From T20 thrillers to five-day Tests, cricket is embedded in India’s national psyche. The influence of Bollywood partnerships, star cricketers, and glitzy leagues like the IPL has turned matchday into a digital carnival. Betting platforms have capitalized on this fervor with features like live streaming, real-time stats, and micro-betting.
The 2025 IPL saw record turnover across regulated platforms, with some offering up to 150 prop bets per match.
The Perils of Underground Betting Channels
Despite its glitzy digital front, the underbelly of India’s betting landscape is still dangerously active. Illegal betting syndicates handle upwards of $100 billion annually, according to industry estimates.
These platforms pose risks beyond personal loss. Cybercrime, data theft, money laundering, and national security threats are real consequences. Additionally, they bypass taxation, costing the government over Rs. 2 lakh crore annually in lost revenue.
Outlook: Where Does India’s Betting Market Go From Here?
India is at the cusp of becoming a global leader in digital sports entertainment. With rising mobile penetration, regulatory evolution, and international investments, the next five years could bring enormous transformation.