India is the nation with the greatest number of young people. This massive population of young people in India consumes a large volume of entertainment. Be it sports, television, or gambling. Yes, more and more Indians are flocking to online gambling and they treat it as a legitimate source of entertainment. Naturally, there are some concerns about a myriad of things ranging from the legitimacy of online casinos to playing in online casino in Indian rupees.
In this article, we will try and focus on the law that allows or disallows online gambling and also try and look at why the Indian population is confused about the acceptance of Indian Rupee in online casinos.
Online Casino: Legal or Illegal?
Before we move and answer any question it is important to know whether online casinos are legal or illegal in India.
In India, playing in an online casino that is registered elsewhere is perfectly legal. According to Indian law, you cannot operate a gambling institution. Therefore, the Indian government doesn’t recognize any India-based online casino as legitimate.
However, as we have established earlier, this massive population is a business opportunity for people elsewhere. Therefore, there are now many foreign sites that cater to the Indian audience by providing the games that Indians like and play in the online sphere.
Bottom line, playing in online casinos is perfectly legal.
Do Online Casino Take Indian Rupee?
Here we have established that there are many online casinos that focus on getting new Indian customers and some that are explicitly made for Indian customers. Therefore, it becomes a no-brainer that online casinos accept Indian Rupee.
Interestingly, not only do they take Indian Rupee, they go out of the way to accommodate as many people as possible by employing many methods of payment. For eg. Baazi247.com, one of India’s leading Indian rupees online casinos accept payments from Net Banking, Paytm Banking, IMPS, NEFT, Google Pay. This will allow as many people as possible to try online gambling.
Therefore, yes, you can play online casino in Indian rupees.
Do All Online Casino take Indian Rupee?
No. Not all online casino worldwide honors Indian currency. Just like there are casinos trying to corner the Indian market, there are casinos that specifically focus on other countries. Therefore, it doesn’t make sense fiscally or otherwise for them to accept Indian currency as the Indians are not the targeted audience.
USD and Euro are the most widely accepted currency in most online casinos.
Why the Confusion?
Now the question arises, why there is this confusion if people can play online casino in Indian rupees. Well, not long ago from today, when the idea of online casinos was nascent, there weren’t many online casinos. They were mostly based on the USA and Europe and naturally focused on their citizens. Therefore, the Indian citizens that wanted to play casino in these sites would need a valid dollar account and card.
What we are seeing now with the confusion is the hangover from that era. People still sign up directly in the casino that is made for foreign nationals. Naturally, they do not find the option for an Indian rupee and this causes an uproar.
Just like online casinos that are made for Indians don’t accept say Thai Baht, similarly, the internet is full of online casinos that don’t accept the Indian rupee. However, there are enough online casinos that in fact do accept the Indian Rupee.
This was all about Indian rupees online casinos. As we mentioned earlier, Baazi247 is one site that has Indianized version of online casino games for real money in India. However, you can easily find western games like Roulette and Blackjack there as well along with many slots and scratch card games. Baazi247, one of the great Indian rupees online casinos provides best online casino strategy including great welcome and first-time sign-up bonuses in all of the Indian online casino market.