1xCorpN.V. popularly known as 1xBet is one of the leading betting companies in the betting industry. It was established in the year of 2007. The headquarters of that company is in Cyprus. In 2019 it witnessed significant growth sponsoring Liverpool FC and Chelsea FC. This country expanded its platform in the betting industry over 134 countries over the world. This country is prohibited from betting in the UK.
Is 1xBet legal in India
It is true that all kinds of betting are illegal in India. But due to lacking in imposition of disciplinary law, the betting is allowed in India. The information technology act 2000 notified by the parliament, gives the authority to the government to take action against various offences like cyber hacking, but nothing was written about illegal betting anywhere. But the government can block any kind of foreign website if it wants to do so. But recently Goa and Sikkim allowed the casinos to enter into their states legally. Even in the public gaming act of 1867, nothing was told about the illegal betting at that time also. Since Curacao gave license to this betting company, India legalises its operation in India along with many companies. This company eases the payment methods through various options like UPI, BHIM, PhonePe, Mobikwik, and Paytm for Indian players.
Is 1xBet reliable website
This online betting company makes sure that the personal information, financial transactions of the players are being kept safely with full security. These are never being traded, sold and transferred to the third party. Nowadays the Indian people bet on this site freely without fear from breaking laws and regulation and earn lucrative cash betting on this site. This site does not come under the audit department like other international betting sites such as Bet365, Betway. But the millions of customers over the globe find it a credible betting site.
Advantages and disadvantages of 1xBet
It is true that the business of this betting site is growing rapidly day by day. One of the significant usage methods of this site is that placing bets can be done through telegram application also. The distinctive advantage that site provides the players that the Indians can use this platform through Hindi language. 30 types of cryptocurrency available in this site added an extra advantage to the players. Various deposit options are available on 1xbet website my1xbet.com for deposit and transferring money via this platform. Indian money can be accepted for deposit on this site. The local support centres are always available there for any kind of help to the bettors through the live chat and phone. But there are some problems associated with this site also. These are the slowing process of withdrawing money from this site. This site gives the platform of various kinds of sports. Even the Indian Premier League, the sensation of the current generation, the betting option is available here.