Bet In Cricket – The most popular sport in the world is soccer, and it is true that many countries enjoy it, including the United Kingdom, Ireland and Australia. It is also very popular in India but nothing can beat cricket in terms of popularity and the said cricket is also the most betted sport in the country.

MyBetting reported last year that around 140 million people regularly take part in betting in India, while 370 million will bet on major events. 80% to 90% of these bettors bet on cricket and when it comes to major events, most bet on the Indian Premier League and ICC Men’s T20.

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With these numbers alone, it’s obvious how big cricket betting is in India, but what gives? What is it about cricket betting that many people in the country like so much? Let’s find out, shall we?

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Many of the best international cricketers have come from India. This is because it is the sport that Indians are introduced to at a very young age. Cricket clinics are widespread in the country and it is a sport that you can see people of all ages playing on the streets.

One of the biggest cricket tournaments every year is also held in India. The Indian Premier League is something that will be watched not only by locals but also by cricket lovers across the globe.

India has also had success in ICC world tournaments. The national team won the Cricket World Cup in 1983 and 2011. In 2007, India also managed to win the T20 World Cup. They have also won the ICC Champions Trophy twice which happened in 2002 and 2013.

Even if they don’t win tournaments, India are always part of the runners-up. They are simply a tough opponent in the world of cricket.

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And with India doing well in the tournaments, more locals are drawn into the next cricket. The youngsters will aspire to be great cricketers one day and many of them are constantly working to break into professional teams to bring honor and of course enjoy how luxurious the industry can be.

Many are also attracted to cricket betting because it is an easy way to earn or just a few extra funds. It’s a fun activity that can make you earn money, so who wouldn’t love that?

India naturally loves gambling activities. Apart from cricket betting, card games are also very popular. That’s why there are traditional Indian card games that are also gaining popularity around the world like Teen Patti and Andar Bahar.

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Even people outside the country bet on cricket events. This is because cricket is a fairly simple sport. It’s easy to play, so it’s easy to understand. International cricket tournaments are also gaining in popularity.

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Also, if you decide to focus on cricket betting, you will love that there are major cricket events throughout the year. Cricket has one of the busiest calendars, so if you want to win, this is just perfect. There is no need to wait for the end of the off-season as the major cricket leagues are usually separate.

Cricket betting has seen a significant increase in the last few years. This is mainly thanks to the internet. It’s now easier to bet thanks to online sports betting. Since online betting is a gray area in India, many are free to engage in it.

Until now, the Public Gambling Act of 1864 was the basis of gambling regulations in the country. This law is so old that there is no mention of it on the Internet. You would think that the Information Technology Act 2000 would also mention online gambling, but it doesn’t.

So Indians can gamble in offshore casinos whenever they want without any trouble. Many prefer to gamble online as gambling is regulated in only three states in India which are Goa, Sikkim and Daman. Of course, not everyone would want to travel to these places every time they want to gamble.

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India’s internet connectivity has also improved a lot over the years. More and more people are also getting access to the latest mobile devices. Therefore, most bets placed online are from mobile users. This is why online betting operators are now publishing betting apps. Those who don’t make sure their site is optimized for mobile use.

The cricket betting industry is estimated to be worth US$150 billion. GiiResearch reports that it is expected to reach US$182 billion by 2030 at a CAGR of 10.2%.

Cricket betting is unlikely to lose its spark in the coming years. India continues to enjoy cricket and betting naturally comes with it.

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Get the highest odds available for today’s cricket matches on the RajBet online betting platform. Free bets for new players, easy deposit and withdrawal interface, 24/7 support. AHMEDABAD: City crime officials on Saturday announced that they have busted a racket worth Rs 1,414 crore in connection with an international cricket betting syndicate.

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They filed a complaint of cheating and forgery against five persons, including a Rajkot-based bookie who was earlier arrested in the 2018 IPL betting by the Thane police.

According to a complaint filed with the DCB, a sub-inspector investigating a cricket betting racket found that Hawala money was moved to 11 accounts between April 2022 and September 2022.

The hawala transactions were overseen by Rajkot-based bookie Rakesh Rajeev, who police said had moved to Dubai.

On October 17, 2022, the city’s crime branch raided a house at Adishthan Shriya Flas in Sola and nabbed one Mehul Pujara for allegedly accepting bets on cricket matches. The police then filed a complaint against Pujara and 13 others under the Prevention of Gambling Act.

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During the investigation, the police found that huge sums of money were deposited in at least 11 accounts. When police checked one of the account holders, Akash Ojha, he told them that two men from Naroda had promised him a loan and taken his documents to open a bank account.

The two Naroda men – who identified themselves as Ashik Patel and Karmesh Patel – secretly opened another account in Ojha’s name at a private bank in Odav. They used this account to launder the proceeds of the gambling racket.

Police said Ashiq, Karmesh and an assistant named Harikesh Patel deposited Rs 170 crore into the account over about four months.

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Apart from Ojha’s account, the accused, including Rajdev, made transactions worth crores in 10 other accounts, including those of shell companies.

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For misusing Ojha’s personal documents to fraudulently open the bank account and deposit money, the DCB filed a report of cheating, forgery, production of fake documents as genuine and criminal conspiracy against the five accused.

In June 2018, the anti-extortion cell of the Thane police in Maharashtra named Rajdev as an absconding accused in an IPL betting racket allegedly involving some Bollywood actors.

Crime officials said Rajdev, another bookie known only as ‘Khana’, Ashik, Karmesh and Harikesh were in the UAE and a surveillance circular had been issued against them.

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Players can deposit money into their account using different methods such as credit card, e-wallet or bank transfer, even crypto like Bitcoin. The winnings can then be withdrawn back to the player’s account or used to continue playing.

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It is important to note that online gambling is not fully regulated in India, so players should do their own research and only play on reputable sites like 7Cric, which is licensed and regulated.

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