On the Legality of 1xbet Betting in India

About 1xBet

Basic information about the bookmaker:

1xbet is one of the largest international bookmakers with an audience of over 400,000 people, founded in 2007. It was originally aimed at Eastern Europe, where it has at least 600 offices. A few years later, the company wanted to expand its presence in the betting market and headed for Asian countries, including India.

In 2018, the bookmaker received the Rising Star in Sports Betting award at the London SBC Awards, and in 2020 – in the Esports Operator of the Year category. It considers only well-known brands as partners, such as FC Barcelona, ​​La Liga, Serie A. It also participates in the popularization of esports, sponsoring Cascade Esports, NAVI, and Hellraiser Esports.

There are over 30 sports offered on the 1xbet website, there are also bets on show business, cockfighting, politics, dog racing. E-sports are also very popular.

Besides betting, registered players can also play slot machines, sweepstakes, television games, poker, bingo, keno, cases, as well as games with live dealers.

It is easy for players to win with 1xbet. It offers great betting, high odds, exclusive markets, live games, and quick withdrawals. There are excellent bonuses, promotions, and a loyalty program for new bettors.

1xBet Welcome Bonus

New depositors receive a total of + 500% on the first 4 deposits for a total of INR 75,000:

Prize funds are credited to bonus betting and casino gaming accounts. You need to convert them into real money. To wager the betting bonus, you need to make single bets with an odds of at least 3. If your prediction comes true, you will get an extra 5% of the bet amount.

The casino bonus is wagered automatically when the player places a bet. The percentage of funds transferred depends on the amount spent on the machines and varies 1-20% of the total losses per day.

Is Betting Legal in India?

According to the gambling law, which was passed 156 years ago, betting is illegal. Until recently, any form of gambling was prohibited. However, some states like Sikkim and Goa have legalized casinos. However, the indulgences did not affect the bets: the opening of bookmaker companies in the country is prohibited.

In 2000, India had a vague IT law that prohibited local websites from accepting bets. However, there is no mention of foreign bookmakers operating online. From a legal point of view, companies located outside the country can accept bets from Indian bettors.

Is 1xbet Legal in India?

1xbet is a legal bookmaker trusted by hundreds of thousands of bettors all over the world. It has met 2 conditions on the basis of which he can accept bets from Indian players:

• Owns a license for the island of Curacao;
• Registered not in India, but in Cyprus.

Licensed bookmaker uses only certified software on its website, which is annually tested by independent testing labs and agencies such as iTechLabs and eCOGRA. This means that users can rest assured of the fairness and transparency of the conditions of the game.

Is the Betting Site Fully Licensed?

The bookmaker’s activities are regulated by MFI investments limited, which is based in Cyprus: 3, Chytron Street, Flat / Office 301, P.C. 1075 Nicosia, Cyprus. It holds the license of the Curacao Gambling Commission (No. 8048/JAZ2018-040), which is quoted in many countries of Europe and Asia, including India.

What Payment Methods Does the Bookmaker Offer?

The minimum deposit amount depends on the payment method and ranges from 100 to 15,000 rupees. Indian users can deposit funds using bank cards, electronic, and cryptocurrency wallets, self-service terminals, mobile payments:

Almost all of the listed payment methods are available for withdrawing funds, as well as WebMoney, and Jeton Wallet. The processing time for cashout requests is on average from 15 minutes to 1-2 hours.

Support

Technical support is available 24/7. It is supported only in English. There are 3 communication channels:

If you want to always be aware of the latest news, you can subscribe to the channels and pages of the bookmaker on Instagram, Twitter, Facebook, YouTube, VK, Telegram.

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