On a side note :
When I was studying in India I used to have a teacher whose side business was betting on IPL , since government have like 1000 regulations he had a room inside his house with a bit TV and such and people would make calls , gather , drink and bet offline p2p. It was funny since from time to time police would come and take him to jail and release him the next day.
If you are thinking about betting online in India you have to consider this :
Betting or gambling is illegal in most of India. But there is no law that makes online betting an illegal activity. ... The Indian Premier League (IPL) tops their lists now and some websites have even hooked up with offshore betting agencies, thereby allowing Indians to place online bets.
(taken directly from google)
- online betting is not illegal
- therefore you should look for a local business this way it would be more convenient for you
- maybe you can start one too ??
- check laws locally !!