Legal Horse Race Betting in India
The question surrounding the legality of horse race betting in India is something that majorities of punters in India ask. For a long time, horse racing has remained to be an immensely popular sport in India. In fact, India is home to several horse racing events in addition to plenty of horse betting enthusiasts who get to view and subsequently place bets on their favourite horses.
Horse racing is legal in India. That came following India’s Supreme Court 1996 ruling. The ruling declared that it wasn’t punishable to bet or place wagers on horse races. This was an act that went ahead to make horse racing become immensely popular in India.
Today, India is home to 9 racecourses that are under the management of the Turf Authorities of India. The Turf Authority of India is a regulatory body that organises and manages horse racing events across the country. It also oversees the operations of trackside bookies in addition to pari-mutuel betting shops across the country.
Indian horse racing industry is controlled by strict regulations. It, therefore, means that a majority of online bookies don’t offer plenty of betting options to their customers. However, 4rabet.com offers several betting options for races that take place in Hyderabad, Mumbai and other race tracks across the country, as well as international races.
Is Online Horse Race Betting Legal in India?
Online horse race betting is legal in India. However, of importance to note is that before you engage in online horse race betting in India, you need to do it with licensed and legitimate bookies. What’s even better is that the gambling laws of India welcome international bookies. However, they seek a license to undertake online sports betting business in the country.
With the development of the internet and improved technology, online horse racing is possible in India. Indian punters with access to the internet can place bets on local horse racing events in addition to international events such as the Japan Cup, St. Leger Stakes of England, the Kentucky Derby of America and many more.
Online horse race betting is legal in India. However, you need to be aware that the only Indian-based online gambling does take place in Sikkim, the only state that allows online gambling. However, Sikkim online gambling does offer casino games only. There is yet to be some sort of issuance of licenses for horse betting.
For the above reason, a majority of Indian residents opt for licensed Indian offshore online casino gambling sites. Luckily enough, 4rabet.com offers Indian punters a chance to enjoy online horse race betting. At 4rabet.com, you can wager on your favourite horse online. When wagering online on horse races in India, you can do so without the fear of facing any repercussions.
As an Indian bettor, you can deposit and withdraw your winnings in Indian Rupees via a range of some of the most secure and safe banking options such as Moneybookers, checks, debit cards, credit cards, wire transfer and Neteller.
So, is online legal horse race betting in India? A majority of players who fancy horse racing seem to be slightly concerned about this question. However, the answer is simple. Online horse racing is legal in India. All that you have to do is to sign up and submit the required details for you to begin your horse racing sports betting experience. We at 4rabet.com have one of the fastest registration processes and enticing welcome bonuses guaranteed to get your foot in the door the moment you sign up.
Racing fixtures from January 3, 2021 to January 14, 2021.
How Is Horse Race Betting Regulated?
Is horse race betting legal in India? Horse racing is legal in India. Punters with the intention of placing bets on their favourite horses can do without any fears at all. However, if horse race betting is legal in India, then how is it regulated? Is there a supervisory body that oversees all horse racing betting operations in India?
The Turf Authorities in India do offer pari-mutuel horse race betting domestically as well as off-course sites. The Turf Authorities are well aware of offshore online sites used for betting on horse races, though they can do little about them. In fact, the Indian government hasn’t made any progress as such about outlawing offshore online horse racing sports betting sites. The Turf Authority of India consists of 5 main race clubs, namely:
- Royal Western India Turf Club Limited in Pune and Mumbai;
- Royal Calcutta Turf Club Kolkatta;
- Madras Race Club racing in Chennai and also the hill station of Ootacamund;
- Hyderabad Race Club situated in Hyderabad;
- Bangalore Turf Club Limited in Bengaluru.
Horse Race Betting with 4rabet
There are plenty of betting sites accepting Indian players and allowing them to wager on horse racing events. But why should you choose to bet with 4rabet.com? There are plenty of reasons as to why 4rabet.com should be your ‘go-to’ online horse racing betting site.
Firstly, 4rabet.com offers some of the best odds on horse racing. Compared to other sports betting sites, you’ll notice that the odds on horse racing at 4rabet tend to be slightly higher than the rest. Secondly, at 4rabet, you get a chance of live betting on horse racing. Betting live on horse racing events is something that many operators can’t offer, but you’ll find it at 4rabet.com.
Thirdly, at 4rabet.com, you’ll find plenty of banking options to choose from and best of all, you can make your deposits in the native rupee currency. Some of the most common deposit methods include debit/credit cards, wire transfers, money orders, cryptocurrencies, prepaid cards and e-wallets. Lastly, 4rabet.com cares for its customers. Should you run into some problems, rest assured of assistance from 4rabet’s professional, informative and polite customer care attendants.