Bet365 Closes Doors for Indian Players
Bet365's decision not to accept new Indian signups has shocked the Indian betting community.Bet365 recently communicated on the X social media platform (formerly known as Twitter) that they would no longer accept new signups from India.
For individuals with existing Bet365 accounts in India, there's some good news: your account will remain functional. You can continue placing bets and depositing funds on the Bet365 platform using ewallets such as Skrill and Neteller for all your betting activities.
If you do not have a Skrill Neteller VIP status yet, you can upgrade your wallet now.
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REASONS BEHIND THE BET365 BAN ON NEW INDIAN PLAYERS
Bet365, a renowned global online gambling platform, presents various options, including sports betting, casino games, poker, and more. However, their decision to no longer accept Indian players can be attributed to the following reasons:
- The Indian gambling market is a puzzle of regulations, with each state able to regulate gambling independently, creating a complex and ever-changing landscape.
- Efficiently handling India's extensive user base demands significant resources, making an ROI-focused choice quite likely.
- Preventing money laundering and fraud in India's diverse gambling scene requires stringent measures amidst the complex financial dynamics and regulatory challenges.
The Bet365 company did not announce the decision of not accepting new Indian players beforehand. Instead, it was communicated by responding to a comment on the social media platform X (formerly Twitter).
EXISTING BET365 ACCOUNTS IN INDIA WILL REMAIN ACTIVE
Bet365 on the X platform also stated: "Please be advised that any existing accounts do remain open. If any changes are made, this would be communicated."
If you're already a Bet365 account holder in India, your account will continue to be active, meaning you can keep enjoying betting, casino games, and poker in India. We hope Bet365 will make proper announcements if there are any future changes.
For Indian users of Bet365, depositing funds remains easy through popular options like Skrill and Neteller digital wallets, which are widely used for deposits in the iGaming industry.
*To minimize your depositing fees on the Bet365 platform in India, open a new Skrill Neteller account via Wikiwallet and become a VIP for free. Registering through Wikiwallet makes managing your Skrill and Neteller VIP accounts easier, as we require reduced quarterly transfers.
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BETTING ON TOMORROW
The unavailability of Bet365 for Indian players might encourage them to search for alternatives, with 1xBet standing out.
1xBet platform offers a comprehensive sportsbook that covers cricket, football, and more. Its user-friendly interface simplifies the process of betting and account management, resembling the system of Bet365.
Additionally, 1xBet provides various bonuses, including welcome rewards and ongoing promotions, enhancing the betting experience. With customer support available in multiple languages, such as Hindi and English, and localized payment methods, it ensures seamless transactions.
Ultimately, 1xBet emerges as a reliable and engaging platform for responsible online betting, backed by strong support, making it a compelling alternative to Bet365.