MyBetting is your portal to all things betting. We provide you with all the information you need about online betting in India: how to find a betting site, how to deposit and withdraw money from betting sites, how to get a welcome bonus, place bets, and much more. We are your one-stop-shop for all things related to betting in India. “The question of whether it is legal to bet from India using an international bookmaker is not clear in law. While bookmakers in India are illegal, there is no specific law in India which bans an individual customer from placing an online bet with a bookmaker based outside India,” the website says. SBI’s parabolic rally has seen MFs book profits. Will investors continue to bet on Khara’s optimism? Exactly, even for these games of skill, companies are facing a lot of new issues from states. Moreover, high taxation is also pushing this industry offshore. Today, it’s an online world, which is much more open. There are no borders. If I’m a poker player and I have to pay 28% of my winning, what stops me from going to pokerstars.com or other international platforms? I can deposit money there and I can play there. Now, is it good for India to lose this flow of money? Of course not. It’s better to keep it inside the country and create proper regulations for that.