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
100% Welcome Deposit Bonus 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
Curacao
BETTING OPTIONS
Sports, Casino, Live Casino
LICENSE/S
Curacao e-Gaming
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 made it big. The company is registered in Curacao and offers betting across several sports, notably cricket.

Keep reading as we unravel the bookie extensively 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: Provide your email ID or register using 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 verifying your account, withdrawals are not possible without completing the verifications process.

Here are the documents accepted by Bollybet for verification:

  • Aadhaar card
  • Driving license
  • 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, the hefty welcome bonus 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&C 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, easing banking for you. We shall start with the tools for deposit, 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

How to deposit money with Bollybet?

  • Step 1: Login 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 be reflected in your account once the team verifies the transaction. Until then, you will get a message ‘Your deposit is pending, please be patient.’ The balance is usually reflected in your account within 10 minutes.

Bollybet deposit

Bollybet withdrawal methods & time

The withdrawal payment methods are limited, and the processing time is relatively high as compared to other bookmakers. However, while chatting with the customer support staff, we were told that withdrawals may even get processed in a couple of hours. But given the lack of assurance, we are not including Bollybet in our list of fast withdrawal betting sites.

How to withdraw money with Bollybet?

The withdrawal process at Bollybet is pretty much the same as deposits. However, remember to verify your account beforehand, as otherwise, you will face delays in withdrawals.

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 Curacao.
  • The bookmaker has deployed a state-of-the-art firewall software and Version 3 128-bit SSL encryption, supporting only globally recognised and trusted payment gateways.
  • To beef up customer data security, Bollybet has implemented 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 on 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 the 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 theory is that the more the overround, the less competitive the odds are. While not a rule of thumb, the concept is that overrounds from 0-3% are phenomenal (but these are relatively rare), anything between 3-5% is competitive, while ranging within 6-8% is not competitive but acceptable. However, if the overround is anything more than that, 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 are 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, Bollybet offers a decent spread of markets and provides competitive outright odds.

Features

For our Bollybet review, we did a deep dive into the various features on offer by the bookmaker. Here’s 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

The Bollybet app is only available for Android, and you can easily download over the website. However, there’s no iOS version yet.

  • Cash-out

Bollybet offers the cash-out feature subject to certain terms and conditions, similar to the terms 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 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. For example, the Bollybet sportsbook has betting markets for 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 efficiently betting live.

Live streaming

At Bollybet, you cannot live stream cricket matches. While one may consider cricket livestreaming a fancy feature, one that is not integral to live betting, we couldn’t disagree more. That’s because, while you can bet from anywhere using the Bollybet app, the lack of live streaming is a dent in customer experience, as it pushes you, the punter, to look elsewhere so that you can watch the match live and wager on it on the move.

Mobile Betting

4

We absolutely love how easy it is to download the Bollybet app on Android smartphones, and would gladly accord it the rank of one of the best cricket betting apps on the ease of installation front. There are no lengthy steps involved.

All you need to do is visit the Bollybet website on your smartphone and click on the ‘download our app’ link that pops up at the bottom. After that, the app is automatically installed on your phone within 10 seconds. Unfortunately, the Bollybet app is not available for iOS users yet.

bollybet android mobile app

Coming to the app functionalities, the Bollybet app is pretty sleek and well-organised, with a quick-launch option to make betting faster for you. The app is packed with all the features available on the Bollybet website, and the best part is that it takes less than 1Mb of your mobile storage space.

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 support staff is 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 ID 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 — thanks to the 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 professional punters. Another sore point is the lengthy payment processing time.

However, since it has only been three years since its launch, we won’t hold it against Bollybet 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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