February 23, 2026 · 10 min read
India's Crypto Gambling Gray Area: What Affiliates Need to Know
Geographic MarketsIndia's Crypto Gambling Gray Area: What Affiliates Need to Know
India has the world's largest population. It has massive crypto adoption. It has a deep cultural interest in games of chance.
It also has one of the most complex regulatory environments for gambling anywhere on earth.
For affiliates, India represents both enormous opportunity and significant uncertainty.
For basics, see our beginner's guide to casino affiliate marketing.
Market Fundamentals
Scale of Opportunity
India's numbers are staggering:
Population: Over 1.4 billion people.
Internet users: 700+ million and growing.
Smartphone users: 500+ million.
Young demographics: Median age around 28.
English speakers: Estimated 125+ million.
Even small market penetration means large absolute numbers.
Crypto Landscape
India has significant crypto adoption:
Despite regulatory uncertainty around crypto itself, millions of Indians own and trade cryptocurrency. Major exchanges operate in India, and P2P trading is common.
This makes crypto gambling particularly relevant—it provides a payment method when traditional banking options are restricted.
Gambling Culture
Indians gamble, despite restrictions:
Cricket: Massive betting volume around IPL and international matches. Most is informal or through offshore platforms.
Card games: Rummy, Teen Patti have deep cultural roots.
Lotteries: State-run lotteries operate legally.
Festival gambling: Traditional during Diwali and other celebrations.
The demand for gambling exists. The question is access and legality.
Regulatory Complexity
Federal vs State
This is where it gets complicated:
Gambling regulation in India is primarily a state matter, not federal. The Public Gambling Act of 1867 is the central law, but states can (and do) create their own frameworks.
Result: Different rules in different states.
Skill vs Chance
A critical distinction in Indian law:
Games of skill: Generally considered legal. Supreme Court rulings have supported this for games like rummy.
Games of chance: Generally prohibited under gambling laws.
The challenge: Many games blur this line. What constitutes "skill" vs "chance" is debated.
Some states have explicitly banned even skill games like rummy online.
Online Gambling Ambiguity
Online gambling exists in legal gray area:
No comprehensive federal law addresses online gambling specifically. Some states have attempted to regulate or ban online gambling. Enforcement is inconsistent.
Offshore platforms operate and accept Indian players. This isn't clearly legal, but also isn't consistently prosecuted.
Crypto Addition
Crypto adds another layer:
Cryptocurrency in India has had its own regulatory journey. RBI previously banned banks from servicing crypto, the Supreme Court struck this down, and regulations continue evolving.
Crypto gambling combines two areas of regulatory uncertainty.
Player Characteristics
Demographics
Indian online gamblers tend to be:
Young: Primarily 18-35 age group.
Male: Heavy male skew, though female participation growing.
Urban: Concentrated in major cities (Mumbai, Delhi, Bangalore, etc.).
Tech-savvy: Comfortable with apps and online payments.
Cricket-focused: Sports betting interest centers heavily on cricket.
Behavioral Patterns
Mobile-first: Almost entirely smartphone-based.
Price-sensitive: Bonus offers and promotions matter significantly.
Payment-conscious: UPI familiarity creates expectations for seamless payments.
Timing: Activity spikes around IPL season and major cricket events.
Language Reality
India's linguistic diversity matters:
Hindi: Most widely spoken, but not universal.
English: Business language, but fluency varies significantly.
Regional languages: Tamil, Telugu, Bengali, Marathi, and others have large populations.
English-only content misses substantial portions of the market.
Affiliate Strategies
Content Approach
Cricket betting content: The obvious starting point. IPL coverage, match previews, betting guides. Our casino SEO guide covers content optimization strategies.
Skill game positioning: Frame relevant content around "skill gaming" where applicable. Rummy, poker, fantasy sports.
Crypto education: Many Indians are crypto-curious but need guidance. Combining crypto education with gambling content serves a real need.
Hindi content: Significant opportunity for Hindi-language affiliate content. Competition is lower than English.
Platform Selection
Choose programs carefully:
INR support: Platforms that price in rupees feel more accessible.
Crypto options: Essential for payment practicality.
UPI-like experience: Users expect smooth, quick payments.
Cricket markets: Deep cricket betting options are essential.
Mobile experience: Must be excellent. Most users are mobile-only.
For crypto-native options, PureOdds offers 50% RevShare with no negative carryover—instant crypto withdrawals work well for Indian players navigating payment restrictions.
Timing Strategy
Indian gambling has strong seasonality:
IPL season (March-May): Peak cricket betting period.
T20 World Cups: Massive engagement.
India international matches: Test series, ODIs generate interest.
Diwali period: Traditional gambling time.
Year-round cricket: Something is always happening.
Content calendar should align with cricket calendar.
Marketing Channels
Social Media
Indians are highly active on social:
YouTube: Massive user base. Video content performs well.
Instagram: Growing gambling-adjacent content.
Telegram: Popular for communities and groups.
WhatsApp: Ubiquitous for personal communication.
Cricket forums: Dedicated cricket discussion spaces.
SEO Considerations
English keywords: Competitive but accessible.
Hindi SEO: Less competitive, requires native expertise.
Regional opportunity: Content in Tamil, Telugu, Bengali for specific markets.
Cricket focus: Match and player-related keywords drive significant search volume.
Influencer Landscape
Cricket dominates:
Cricket commentators and analysts: Obvious partnership opportunities.
Fantasy sports influencers: Strong crossover audience.
Crypto influencers: For crypto gambling overlap.
General entertainment: Bollywood and entertainment crossover.
Influencer costs vary widely. Micro-influencers can be cost-effective. See our influencer partnership guide for contract best practices.
Challenges
Regulatory Risk
The primary concern:
State-level crackdowns: Some states have banned online gambling or skill games.
Central government action: Potential for federal intervention.
Platform bans: Apps removed from Play Store, websites blocked.
Enforcement uncertainty: Rules aren't consistently applied.
Building an India-focused affiliate business means accepting regulatory uncertainty.
Payment Difficulties
Despite crypto, challenges exist:
Banking restrictions: Some banks decline gambling-related transactions.
Crypto volatility: Players may not want exposure to crypto price swings.
Conversion friction: Converting INR to crypto has costs.
UPI limitations: Direct UPI gambling deposits are restricted.
Payment tutorials and support content add real value. Help users understand VPN access to geo-restricted casinos where applicable.
Trust Issues
The market has problems:
Scam platforms: Indian players have been defrauded by unreliable operators.
Withdrawal complaints: Common issues with offshore platforms.
Support quality: Many platforms provide poor Hindi/regional language support.
Building trust through honest reviews matters. Warn players about red flags.
See our guide on casino affiliate red flags.
Competition
The opportunity is known:
International affiliates: Major players target India.
Local operations: Indian companies entering the space.
Advertising costs: Rising as competition increases.
Content saturation: Cricket betting content is increasingly competitive.
Differentiation matters more as the market matures.
Opportunity Areas
Underserved Segments
Areas with less competition:
Regional language content: Hindi beyond English; other regional languages even more underserved.
Casino games: Most focus on sports/cricket; casino content less saturated.
Education focus: Content that genuinely helps new players understand gambling and crypto.
Responsible gambling: Very limited resources for problem gambling support.
Emerging Trends
Watch for:
Regulation development: Legal clarity could transform the market.
Crypto normalization: As crypto becomes mainstream, crypto gambling may follow.
Fantasy sports crossover: Large fantasy sports user base is adjacent audience.
Women's cricket: Growing interest could expand audience.
Risk Assessment
Honest Evaluation
India requires realistic assessment:
High potential: Undeniable market size and growth.
High uncertainty: Regulatory future unclear.
Investment required: Quality localization isn't cheap.
Long timeline: Building sustainable presence takes time.
Ethical considerations: Promoting gambling in gray areas carries responsibility.
Risk Mitigation
If proceeding:
Diversify: Don't be India-only. Consider other emerging markets like Southeast Asia and Brazil.
Stay informed: Monitor regulatory developments closely.
Compliance positioning: Emphasize responsible gambling.
Flexible infrastructure: Be prepared to adapt if rules change.
Exit awareness: Understand you might need to pivot.
Getting Started
Prerequisites
Minimum requirements:
Content capability: Native Hindi (at minimum) content production.
Regulatory awareness: Understanding of current legal landscape.
Appropriate programs: Platforms that serve India well.
Compliance mindset: Responsible gambling messaging.
Suggested Approach
Start with cricket content. Clearest demand signal.
Add crypto education. Serves real user need.
Test Hindi content. Assess engagement before major investment.
Build gradually. Don't over-commit until you understand the market.
Monitor constantly. Regulatory changes can happen quickly.
Action Items
Research current regulations. Understand the legal landscape.
Assess your risk tolerance. Gray areas carry uncertainty.
Evaluate content capabilities. Can you produce quality localized content?
Identify appropriate programs. Platforms serving Indian players.
Start focused. Cricket content is the obvious entry point.
India's regulatory environment is complex and evolving. This guide provides general orientation and should not be considered legal advice. Conduct thorough research and consider legal consultation before entering the Indian market.