Online casinos in India – Here’s What You Don’t Know
India will be the world’s biggest country in terms of population in 2023, so it shouldn’t be a surprise it’s a huge market for everyone. Online casinos aren’t an exception because there are tons of operators in this part of the world.
Even though all online casinos in India seem the same, in-depth research proves otherwise. The best names in the country have many more things to offer than the rest, allowing them to stand out and gain many customers. However, some sites aren’t like that, so let’s go through several important things users need to know about when looking for online casinos in India.
Many online casinos will require them to verify their accounts
When it comes down to online casinos in India, you will find all kinds of brands with unique designs, features, and more. They will have some differences, but upon a closer look, you will see that they have something in common – the verification procedure.
Even if the casino doesn’t have a license from India, it uses a permit from other countries, such as Curacao, and will want to ensure its clients are over 18 years of age. To do this, brands will require their new signees to complete the KYC process by sending ID verification.
Although this process may sound complicated, in reality, it doesn’t take more than a few minutes. Most casinos will have a step-by-step process on how to complete it and what you need to do to submit the required documents. Once ready, online casinos in India will check if the customer is over 18 years of age.
There are hardly any apps
Although India is one of the biggest markets in the world when it comes down to mobile devices, the online casinos in the country usually do not have a dedicated mobile app for Android and iOS. Some can’t afford to develop apps, whereas others simply prefer focusing their efforts on a mobile site. Although the latter has a lot of advantages, such as the fact there is no need to install any files, there are also some drawbacks, mainly that users may miss out on some exclusive features and options.
Those who want an app-like experience without downloading external files should create a web application. This is an app shortcut available on your device’s home screen, allowing you to access it in seconds.
Winnings from online casinos are Taxed
Before you choose one of the many online casinos available in India, you have to learn more about the local legislation. The gambling rules in the country are complex and may require you to spend some time, but one of the most important things you should know is that winnings from the online casino are taxed.
Even though there might be some exceptions, generally speaking, winnings over 10K INR require the operator to withhold a 30% tax on what you got. The percentage is much higher than in some European countries, but all operators in India must adhere to the rules, so don’t be surprised if you receive less money than you’ve won.
Some online casinos will also offer sports betting options
Even though the best online casinos in India will have a wide range of slots and table games for their customers, some people might want to try different things. That’s one of the big reasons why many companies also offer sports betting services.
When it comes down to punting on sports in India, people can find many things to choose from. For example, sites often have cricket, which is the most popular sport in India, soccer, basketball, baseball, and loads of other things. They also provide users with impressive bonuses, good markets, and at least a couple of odds formats.
Sports betting in India is as big as the casino industry, so don’t be surprised if you start seeing many new online bookmakers shortly.