Bet365 Withdraw from India: Find Alternative Betting Sites

Bet365 Withdraw from India: Find Alternative Betting Sites

The world’s leading online betting site, Bet365, has withdrawn from the Indian market after the Ministry of Finance imposed a 28% tax on offshore gambling companies from 1st October 2023.

Bet365, along with Betway India, have both reportedly opted to cease trading following the Government announcement. Indian bettors are being advised to contact the respective bookmakers in order to withdraw any funds in their accounts.

What credible betting sites can I use instead of Bet365 in India 

There are a number of alternative betting sites which are similar to Bet365 in India. We recommend the following:

Betting Site Welcome Bonus Promo Code
1xBet 120% Welcome Bonus up to 42,000 INR COMPLETE1X
Parimatch 150% Deposit Bonus up to 30,000 INR PARI150
MostBet First Deposit Bonus of 34,000 INR  COMPLETE

You can also check out MyBetting.in’s article listing betting sites like Bet365, where you will find even more options.

Why has Bet365 been blocked in India?

Online Betting has grown significantly over the last 5 years in India even though it is not technically legal/regulated. Despite this, offshore betting sites like Bet365, Betway, 1xBet, MostBet and Parimatch, amongst others, have been allowing Indian players to sign up and bet on their sites. As a result, the Indian government have enforced a Gaming Tax of 28% which is being disputed by a number of these betting firms, as online betting is not regulated. However, should the betting site in question not pay the tax, or reach an agreement, then they will be blocked or required to withdraw from the market. This has been a topic of great debate over the course of 2023, and it’s likely to continue for some time

Has Bet365 stopped accepting Indian Players?

Bet365 have stopped accepting Indian bettors from playing with them. For any Indian bettor looking to place a bet, they must do so with a different site, e.g. 1xBet or Parimatch. These are your best 2 options when it comes to betting with a similar website. They both have localised Indian betting sites, focussed on Cricket, with highly competitive welcome bonuses.

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