DISCLAIMER: Bet365 does no longer accept new Indian players since August 2023. We recommend to register with 1xBet instead.
When it comes to choosing a reliable bookmaker, Bet365 stands as a perfect example of trustworthiness and integrity. The bookmaker operates with complete honesty and transparency.
Bet365's operations are closely regulated by the stringent standards of the British Gambling Commission. This ensures that the bookmaker adheres to a set of strict guidelines, providing you with the peace of mind that your betting activities are conducted within a regulated and secure environment.
Is Bet365 Legal?
Since August 2023 Bet365 is no longer considered legal in India. While the online bookmaker has all the required licenses and abides by all the regulations, it decided to withdraw from the Indian market in August 2023.
While this does not affect the legality of the bookmaker, it does mean that it no longer accepts Indian players to register on this website. For that reason, we consider Bet365 as illegal in India.
If you are looking for more detailed information about this business decision, you can read our comprehensive guide on Bet365 legality.
Is my Money Safe at Bet365?
Your funds are secure at Bet365. The platform is known for its integrity and does not engage in any fraudulent activities. To deposit funds, simply navigate to the Deposit page on the Bet365 platform. Here, you'll find comprehensive payment details. The platform supports a variety of payment options, including UPI, Bank Cards, and E-Wallets, allowing you to conveniently and swiftly deposit funds into your account.
You can learn how to deposit money in our Bet365 deposits guide.
It's important to note that Bet365 is a well-established and trustworthy platform. It undergoes periodic audits by various gaming authorities to ensure compliance with regulations and fair practices.
To further safeguard customer funds, Bet365 maintains separate accounts specifically dedicated to holding customer deposits. These segregated accounts are distinct from the company's operational funds, providing an additional layer of security and ensuring that your deposited funds remain protected.
Do they Pay When I Win?
Bet365 ensures that you receive your winnings without fail. The fact that they are overseen by the British Gambling Commission means they have to maintain a 100% payout ratio. It's advisable to use the same payment method for withdrawals as you did for depositing funds. This not only streamlines the process, but also helps keep the transaction time as short as possible.
In cases where using your original deposit method for withdrawals isn't feasible, Bet365 offers an alternative solution. Withdrawals can be processed to your bank account through Wire Transfer.
It's worth noting that Bet365 has specific withdrawal amount limits that differ depending on the chosen payment method. For instance, if you opt for withdrawal through IMPS, the minimum amount that can be withdrawn is INR 400. Conversely, if you're utilizing Skrill for withdrawal, the minimum amount is set at INR 350.
You can find a detailed overview of all the withdrawal limits, processing times and more on our Bet365 withdrawals page.
Is Bet365 Genuine?
Bet365 is a genuine and reputable online betting site. The bookmaker is regulated by several European gambling authorities and has established itself as a trusted name in the betting industry over the years.
Bet365 operates under licenses issued by reputable regulatory authorities, and its operations are regularly audited to maintain compliance with industry standards and regulations. Therefore, you can have confidence in the authenticity and reliability of Bet365.
What Licenses do they Have?
Holding a license granted by the government of Gibraltar and the United Kingdom, Bet365 maintains a global footprint with offices spanning across regions such as Bulgaria and Malta. Bet365 is subject to oversight and regulation by the Malta Gaming Authority (MGA), a fact solidified by license number MGA/B2C/531/2018, further validating the authenticity of its operations.
An affiliation with eCOGRA (eCommerce and Online Gaming Regulation and Assurance) further highlights Bet365's commitment to fairness and trustworthiness, as it agrees to honor and comply with eCOGRA's decisions in cases where disputes may arise and remain unresolved to the user's satisfaction.
Licenses are extremely important for any bookmaker, you can find everything you need to know about the licenses for this bookmaker on the Bet365 responsible gaming page.
How Long Has Bet365 Been Operating?
Bet365 was founded in the year 2000, which means it has been operating for over two decades. It was established by Denise Coates in a Portakabin in Stoke-on-Trent, United Kingdom. Bet365 operates in numerous countries around the world including India.
Denise Coates, who co-founded the company, serves as the CEO and has played a pivotal role in its growth and success. The Coates family holds a significant stake in the company's ownership, meaning they have great interest to develop the company as well as possible. Bet365 is a privately held company and is not available on the stock exchange.