Sports betting legality varies by country, but in India, forex betting is illegal. Although gambling of any kind is illegal in India, many online sports betting sites operate here. Still, sports betting remains a grey area in India, and some Indian states have enacted laws that prohibit it. To stay within the law, Indian bettors must only use foreign online sportsbooks that are licensed and regulated in other countries. They must also ensure that their bankrolls are being held in an offshore bank account. This allows Indian punters to enjoy the thrill of sports betting without running afoul of India’s gambling laws.