Bollybet Cricket Betting Review (2022)

WHY TRUST US?
WHY TRUST US?
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  • Easy-to-navigate interface
  • Website available in Hindi
  • Focus on customer privacy and data security
Our rating
4
Welcome bonus of 100% up to ₹50,000
CLAIM BONUS
Main Features Average payout
In-Play Betting
Live Chat
Stats
INR
Hindi
24/7 Support
Mobile app
positive
  • Prompt live chat support
  • Accepts INR
  • Supports India-specific payment methods like UPI, Paytm, and PhonePe
negative
  • Livestreaming not available
  • High minimum deposit amount of ₹500
  • Limited sports promotions after signing up

Bollybet Quick Facts

WEBSITE
www.bollybet.com
ESTABLISHED
2019
OWNER
Tagus Media Americas N.V.
HEADQUARTERS
Curaçao
BETTING OPTIONS
Sports, Casino, Live Casino
LICENSE/S
Curaçao eGaming
APPS AVAILABLE
, Android
SUPPORT
Live chat, Email
MIN. DEPOSIT
₹500
TWITTER
DEPOSIT METHODS
WITHDRAWAL METHODS

About Bollybet

Established in 2019, Bollybet is one of those rare bookmakers to have quickly climbed to the top. The company is registered in Curaçao and offers betting across several sports, notably cricket.

Keep reading as we take an extensive look at the platform in this detailed Bollybet review and see if it has what it takes to be one of India's best cricket betting sites!

Sign Up Process

4.5

How To Register

  • Step 1: Visit the official Bollybet website. Click on ‘Open Account’ on the top-right corner of the screen.

bollybet homepage

  • Step 2: Register using your email address or your Gmail or Facebook account. Set your user ID and password. Then, click on ‘Next Step’.
  • Step 3: You will be required to fill in your personal details (full name, mobile number, date of birth, and gender). Once filled, click ‘Submit & Finish’.

Your Bollybet account is now up and ready for use!

How To Verify Your Account

Account verification is mandatory on Bollybet. While you can make deposits and place bets without completing this process, withdrawals won’t be possible.

Here are the documents accepted by Bollybet for verification:

  • Aadhaar card
  • Driving licence
  • Passport

What’s the Welcome Offer?

4.5

Welcome Offer Details

Bollybet welcome offer

Bollybet offers a generous welcome offer – a 100% deposit bonus of up to ₹50,000 for all first-time users. With reasonable wagering requirements and a sizeable maximum bonus amount, we think it is one of the best sports betting welcome offers in India at the moment.

Importantly, this hefty promotion sort of offsets the high minimum deposit amount, putting Bollybet on par with some of the country’s top-bracket low deposit betting sites.

T&Cs Evaluation

Here are some important bonus terms and conditions you must keep in mind to make the best use of the Bollybet welcome offer:

  • The bonus amount is valid only for 15 days
  • Maximum withdrawal from bonus winnings – 1x
  • Wagering requirements – start at 15x

NOTE: Please remember that the Bollybet bonus offer cannot be combined with free bets.

Payment Methods

3.5

Bollybet thankfully supports multiple India-specific betting payment methods, making transactions to and from the site easier and more convenient. We’ll start by taking a look at the deposit options followed by the ones available for withdrawal.

  • DEPOSITS
  • WITHDRAWALS
METHOD MIN MAX FEE
₹500 ₹50,000 ₹0
₹500 ₹50,000 ₹0
₹500 ₹50,000 ₹0
₹500 ₹50,000 ₹0
₹500 ₹50,000 ₹0
₹500 ₹50,000 ₹0
₹500 ₹50,000 ₹0

How To Deposit To Bollybet

  • Step 1: Log in to your Bollybet account.
  • Step 2: Click on the ‘Coins’ icon on the top-right corner of the screen. That’s the icon indicating your account balance.
  • Step 3: Select the Sports Bonus code.
  • Step 4: You can see the list of payment methods available for deposit. Enter the amount and click on ‘Deposit’.
  • Step 5: Scan the QR code from your UPI app or use the UPI details to make the payment. The payment link is for single use only and remains valid for 30 minutes.

Bollybet QR code

  • Step 6: Your deposit process is now complete, and the payment will arrive in your account once the team verifies the transaction. Until then, you will get a message saying ‘Your deposit is pending, please be patient.’ The balance usually appears in your account within 10 minutes.

Bollybet deposit

Bollybet Withdrawal Methods & Processing Times

Although withdrawal payment methods are rather limited at Bollybet, processing times seem relatively high when compared to other sites. However, while chatting with the customer support staff, we were told that withdrawals may even take a couple of hours until completed. Given the lack of assurance, we have not included Bollybet in our list of fast withdrawal betting sites.

How to Withdraw From Bollybet

The withdrawal process at Bollybet is pretty much the same as deposits. However, remember to verify your account beforehand, as otherwise, you will not be eligible for payouts.

Withdrawing money on bollybet

Can You Trust This Betting Site?

4.5

  • Bollybet is owned by Tagus Media Americas N.V., a company registered and duly licensed by the Government of Curaçao.
  • The bookmaker has implemented state-of-the-art firewall software and Version 3 128-bit SSL encryption, supporting only globally recognised and trusted payment gateways.
  • To strengthen customer data security, Bollybet has incorporated measures to ensure its subsidiaries and partners follow adequate safety checks.
  • Additionally, Bollybet readily allows you to request data erasure at any time, underlining its dedication to maintaining trust and transparency with all its users.

Cricket Betting on Bollybet

4

How To Place a Bet at Bollybet

  • Step 1: Log in to your Bollybet account.
  • Step 2: Choose the cricket league from the options bar on the left-hand side. Select the match and the market on which you want to bet.
  • Step 3: Enter the stake and click on ‘Place Bet’.
  • Step 4: All your bets will be visible under ‘Bet History’. You can check your updated wallet balance by clicking on the ‘Refresh’ button at the top.

Cricket bet on Bollybet

Quality of Odds

The overround is a crucial indicator of the competitiveness of odds – the higher it is (in percentage), the less competitive the odds will be. Overrounds from 0-3% are generally considered to be phenomenal (though relatively rare), anything between 3-5% is competitive, while 6-8% is just acceptable. Anything higher than the latter means you should probably shop around for longer odds.

In the table below, we took the cricket betting odds (Match Winner only) for five upcoming matches from Bollybet’s cricket betting section.

As you can see, the overrounds for most matches fall in the range of 5-7.5%, suggesting that the odds are not as competitive as they should be, but are nonetheless acceptable.

MatchOverround (%)
Zimbabwe vs Afghanistan7.45
Ireland vs South Africa6.97
Sri Lanka vs Australia7.13
India vs South Africa6.84
England vs New Zealand6.75

Variety in Tournaments

In just three years, Bollybet has created a comprehensive sportsbook covering top cricket tournaments as well as top-tier leagues like the IPL, T20 Vitality Blast, and the Saurashtra Premier League.

Importantly, there’s also a decent spread of markets along with competitive outright odds.

Features

For our Bollybet review, we did a deep dive into the various features on offer by the bookmaker. Here they are at a glance:

  • Betting exchange

Bollybet does not have a betting exchange. However, that’s a common missing feature across most bookmakers. The reason is that the betting exchange industry in India is still in its nascency, with only a handful of online bookies doubling up as betting exchange sites.

  • Mobile apps (Android)

The Bollybet app is only available for Android, which you can easily download from the official website. Unfortunately, a version for iOS is not yet available.

  • Cash out

Bollybet offers the cash-out feature subject to certain terms and conditions similar to those mandated by other sports bookmakers.

  • Stats/records section

Bollybet does not have a detailed stats section for cricket matches or, for that matter, any other sport.

  • Live audio commentary

There is no commentary available on the website.

  • Website available in Hindi?

In a BIG plus for Indian punters, the Bollybet website is indeed available in Hindi.

Other Sports

While this is primarily a Bollybet cricket review, the bookmaker also offers an array of other sports that have a massive following in India, such as football, tennis, badminton, basketball, volleyball, and many more.

Live Betting

3.5

A glitch-free platform with real-time match stats and a seamless UI are key features shared among the best live and in-play betting sites. While Bollybet does a good job balancing these three, it falls short on the live stats front. It only offers a handful of statistics – for example, live scores and current run rate; however, these aren’t enough for in-play betting.

Livestreaming

At Bollybet, you cannot livestream cricket matches. While one may consider cricket livestreaming a fancy feature, one that is not integral to live betting, we couldn’t disagree more. A lack of such a service forces you, the punter, to look for a separate platform to watch the match live while placing bets, instead of being able to do everything from one place.

Mobile Betting

4

We absolutely love how easy it is to download the Bollybet app on Android smartphones, and would gladly rank it as one of the best cricket betting apps in terms of installation.

All you need to do is visit the Bollybet website on your smartphone and click on the link that pops up at the bottom. After that, the app will automatically be installed on your phone within seconds.

bollybet android mobile app

The Bollybet app is pretty sleek and well-organised, with a quick-launch option to make online betting even faster. It’s also packed with all the features available on the dekstop website, and the best part is that it takes up less than 1MB of storage space!

Unfortunately, the Bollybet app is not available for iOS users yet.

Customer Support

4

Bollybet offers live chat and email services round-the-clock. Its live chat service is prompt, and you can expect a reply within one minute in most cases. The staff are courteous and capable of resolving most issues without further escalations.

However, one minor inconvenience is that you must provide your full name, date of birth, and email address every time you chat with Bollybet (even after logging in).

SupportAvailable on Crickex
24x7 assistanceYes
Live chat supportYes
EmailYes (support@bollybet.com)

Cricket Betting Advice Final Verdict

4

The laser-sharp focus on Indian punters – including a wide range of payment methods and the availability of Hindi and INR – is commendable on the part of Bollybet.

That said, the bookmaker has its fair share of shortcomings, some of which are pretty glaring. Bollybet has not made enough effort to provide competitive odds, which might prove detrimental in attracting veteran punters. Another sore point is the payment processing time, which can be rather lengthy in some instances.

However, since it has only been three years since its launch, we won’t hold it against the site for lacking in some areas. Bollybet has got its game right in many aspects, and we consider it worthy of a spot on your priority list if you are looking for a trustworthy and secure sports bookmaker.

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