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Is Sports Betting in India Profitable?

Updated: Jan 4


DOES SPORTS BETTING PROFITABLE? BY 11IC BLOG


Sports betting can be profitable, but the majority of bettors lose money, which is why sports betting exists.


Sports betting is not always profitable as it is in your favor due to the vig. For sports betting to exist, businesses need to profit from it, which is why PASPA was crushed in 2018. While Nevada has earned millions of dollars from sports betting, new legislation will allow all other states to benefit from sports betting. When states benefit from sports betting, it means that those bets lose money most of the time.


To be a successful sports bettor, one must invest time in studying and researching different aspects of a game.


While it's possible to get a positive result in sports betting, it's not easy if you want to do it consistently. Before a bettor begins, he should be familiar with most of the terms used in the world of sports betting. From there, the research begins, which can include studying team trends, reviewing odds, or finding the best lines.


To be a winning bettor, you don't just win a few guess bets and keep winning. There's a reason sports betting is big business and states make millions in profits.


Of course, if you want to win on your own terms, it will take time. The first step is to look at simple numbers such as home/away and away records, but there is still another level to explore. In baseball, you can study batter-pitcher matchups, and the same goes for football practice games. In basketball, you can compare efficiency numbers or watch each team's pace. The number of stats to study is endless but finding the most important is the key distinction to being a successful player.


Once you have a favored side, you can shop around to see which sportsbook has the best odds for your bet. If you really like the Buffalo Bills and think they can beat the New England Patriots like a loser, most sports betting will have different numbers. For example, your favorite site might have a +200 odds as a loser, but another might have a +220 odds. At this point, you need to decide if it is worth betting with the other bookmaker to get better odds.


Another example would be if the Bills are a +6.5 underdog in one place and a +7 in another, both at -110 odds. It is clear that the +7 and -110 sites are the best choices, but only if you are comfortable having money on many sports bets.


Some are influenced by sports betting advertisers and handicappers, but if you're paying for a service, that probably means you're going to win a bigger chunk of your bets. Sports betting is already difficult to come out positive because you need to hit around 52.4% of the bets. Add the few extra dollars you spend on an advertising service, and that percentage can go up to 55 or even more, assuming you want to earn something.


Top 5 Profitable Sports Betting in India


1. 11ic Casino


Explore the vibrant world of 11ic Casino, a brand-new and user-friendly platform designed exclusively for Indian players. This rising star in the casino scene offers an array of games, ranging from timeless classics like table games and slots to the added excitement of cricket betting. Its user-friendly interface is tailored to suit players of all preferences. Known as a top choice, 11ic Casino not only gives you a fun and rewarding online casino experience but also throws in some enticing bonuses. With lots of games, cricket betting fun, and extra bonuses, 11ic Casino is the go-to place for both enjoyment and rewards in the online casino world.


11IC BONUS AND OFFER

  • Initial Deposit Bonus (160%): When you make your first deposit into your 11ic account, you receive a gift. You can receive a bonus of up to ₹16,000 or USDT 200.

  • First Deposit Bonus (60%): Upon depositing money into your account for the first time, you can receive a bonus of up to ₹30,000 or USDT 400.

  • Cashback (0.88%): If you play specific live dealer games, they'll refund you 0.88% of your money, with a maximum of ₹10,000.

  • Cashback (50%): For those engaging in 11ic Sports Exchange, there's a deal where they give you back 50% of your money, up to ₹1,000.


11IC GAMES & FEATURES


  • Slot Games: Enjoy exciting slots such as Buffalo Blitz, Captain’s Treasure, and Esmeralda.

  • Baccarat: Explore numerous Baccarat tables powered by the leading developer, PlayTech.

  • Poker: Engage in a variety of poker games, including Razz, Omaha, Texas Hold’em, and Stud.

  • Blackjack: Experience both online and live blackjack at 11ic, featuring sleek graphics and six decks of cards.

  • Roulette: Try your luck with European Roulette games offering various betting levels.



2. 1xBet


1xBet stands out as a trustworthy platform for sports betting, providing a user-friendly interface, diverse financial methods, and competitive odds. Moreover, the platform conducts promotions for existing customers, which may include items, and welcomes new customers with substantial and attractive bonuses.


Key Features:


  • Welcomes Indian players

  • Website accessible in Hindi

  • Offers favorable odds

  • Abundant options for football betting

  • Live broadcasts for numerous matches

  • Diverse range of banking options available


3. Parimatch


Parimatch is one of those rare bookmakers with a solid track record and credibility that stands the test of time.


They've got seriously competitive odds, making it easier for you to bet on your favorites. Plus, they offer a bunch of banking options for deposits and withdrawals, and signing up is a breeze.


Key Features:

  • A proven brand with a history spanning two decades

  • Live Audio and Live Streaming available for various football matches

  • Wide range of football betting options covering multiple competitions

  • Leading odds compared to other sports betting sites

  • Clean online and mobile interfaces provided by Parimatch


4. 10CRIC


Designed specifically for Indian bettors, 10CRIC stands out as a go-to sports betting site in India. Dive into the seamless 10CRIC app, snag some fantastic promotions meant for Indians, and place your bets on top-notch sports like football. Plus, the convenience of depositing in rupees using Indian payment methods adds an extra layer of ease to your experience.


Key Features:

  • Access to a convenient betting app

  • Instant withdrawals made possible

  • 24/7 excellent customer service

  • The widest array of banking options available in rupees

  • Highly competitive odds for football and other sports

  • Offers a wide array of spectrum of sports-related perks


5. Rajabets


Rajabets is tailored for the Indian market. It is a new and dynamic betting and gaming company licensed by Curacao. Offering access to a variety of popular sports, users can conveniently place bets in INR. With an undeniable and impressive welcome bonus deal, it positions itself as one of the top online betting sites.


Key Features:

  • Acceptance of INR on the site

  • Impressive football betting market

  • Live broadcast of various sporting events

  • Availability of Hindi and Telugu editions on the website

  • Convenient options for deposit and withdrawal


Make sure to visit 11ic website which offers lots of casino games, slots, lottery, and sports that I'm pretty sure you will enjoy so much! Enjoy and have fun bettors!

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