The global iGaming market peaked at $ 66.72 billion at the end of 2020, with further growth expected for the next decade or so.
Interestingly, this market has also become increasingly intertwined with its increased growth and value, especially with countries like India only allowing natives to bet through international casinos and sports betting.
This is confirmed by all List of Top 10 Online Casinos in India, which features a multitude of renowned names including Betway, LeoVegas, ComeOn! and Royal Panda.
However, the situation can get significantly more complex when trying to bet between countries and in different currencies. In this article, we will be asking how Indians in the United States can bet rupees at online casinos, while evaluating which option is best for each bettor.
Find an international brand accessible to Indian and American customers
There are some similarities between the Indian and North American markets, with both sectors being legalized (and regulated) at the individual state level as part of a larger federal governance system.
As discussed earlier, however, the Indian market prohibits domestic operators from targeting customers, although the archaic nature of the country’s gaming laws (which dates back to 1867) makes no provision for iGaming and does not have any provision for iGaming. therefore not prevent players from betting with international casinos or sports betting.
In the United States, only four states have legalized online casino gambling to date, while more than 20 have now legalized sports betting following the Supreme Court’s decision to overturn controversial PAPSA legislation in May 2018.
This 1992 law previously banned sports betting at the federal level, while the ruling allowed a select few national and international operators to claim a share of the booming North American market.
This creates a slight problem for state bettors who wish to bet in Rupees, as many international casino brands active in India are simply not licensed to operate in the United States.
However, there are some that fit this bill, with internationally renowned William Hill providing a relevant example. For this reason, you can bet as an Indian in the United States while using Rupees directly, eliminating the need to exchange currencies and pay the associated transaction fees.
Other examples include Paddy Power, and there is no doubt that this type of platform offers the most convenient and profitable method of rupee betting as an Indian Abroad!
So while there may be a lot to keep in mind when looking for an online casino, this is without a doubt one of the most important when hoping to bet rupees in a specific US state.
Are there any alternatives?
As we have discussed, another option for Indians based in the United States who wish to bet in Rupees is to exchange funds from one currency to another.
This can be costly, however, depending on where you choose to execute a trade and when the trade is in question.
If you review the best and most popular US online casinos such as Bovada, you will also see that these entities tend to accept both US dollars and Bitcoin. Now, although BTC is not for everyone, this asset is becoming more and more common in the iGaming market and offers an incredibly convenient and inexpensive way to trade forex.
Theoretically, you can exchange a fixed amount of rupees in a BTC credit as this type of transaction is usually instantaneous and only subject to a nominal fee (although these vary depending on demand and the size of the transaction) .
The only potential downside here is that only one BTC token is currently costs Â£ 23,893.56. This despite a crash that saw the asset put almost 50% of its total value to sleep in just two months, the fact remains that Bitcoin may only be accessible to the most Indian players. wealthy United States.
Of course, some online casinos in the United States may offer access to more affordable crypto assets such as Ethereum (Ether), but these entities are much rarer and more difficult to locate.
However, the good news is that there are some options when looking to bet rupees at a US online casino, as long as you are willing to research and compare the market in detail.