2012-13 Canbet Review

Rupee Bookmaker Canbet.com

Important Update: We no longer recommend Canbet for Indian players. They are extremely difficult to deposit with from India! We recommend Bet365. They accept Indian players and INR!!

Canbet is an established sport betting website licensed in the United Kingdom that recently began offering India residents the ability to deposit, withdrawal and wager in Indian Rupee (INR). Their markets are extensive with football (soccer), American football (gridiron), baseball, basketball, boxing, cricket, cycling, darts, golf, ice hockey, motor racing, Rugby League, Rugby Union, snooker and tennis making up their list of sports offered. The primary reasons to consider wagering at www.canbet.com are as follows:

    1. Canbet offers unique odds. Often UK bookmakers copy one another’s odds making it near impossible to find value or arbitrage opportunities. This is not the case at Canbet where all odds are independently set and managed.
    2. Canbet is UK licensed and a member of the United Kingdom’s Independent Betting Arbitration Service (IBAS). This is an independent authority that mitigates disputes between clients and bookmakers. This combined with their UK license ensures players will be treated fairly.

If you’re ready to start betting sports online using rupees, register an account at www.canbet.com. If you’re not sure how to deposit and withdrawal, be sure to also read our articles on Neteller India and/or Moneybookers India.

Cricket Betting at Canbet

Of course cricket is very famous in India. At Canbet there is no disappointment, here all major cricket fixtures are offered for betting including One Day Internationals (ODIs), Test Matches and Twenty20 games, as well as a range of first class competitions. They even have their own portal that covers news and updates for Indian Premier League IPL and on occasion steam games from their live betting site. The area of concern only to professional bettors, and not so much an issue for recreational punters, is Canbet opens the betting odds the morning of (or the night before) most matches. This mean you won’t find the ability to wager days in advanced as you can with their rupee betting site competitor www.bet365.com. However, once the markets are open they are a plenty. At Canbet you can wager on head to head, highest opening partnership, first dismissal, high bat, win toss and more. Again as a reminder, the odds at a www.canbet.com are unique. If you’re already using a rupee betting site such as Bet365 you should consider opening a Canbet account and then comparing the odds at each site before making wagers.

Cricket Cricket Exchange – Canbet now operates a cricket betting exchange. If you’re not familiar with betting exchanges see our Betfair review where we cover it in depth. In short, at betting exchanges you get better odds because there is no bookmaker. You are instead wagering against other users of the same website and then pay a commission on “net market win”.

Football Betting at Canbet

Canbet is well known for their impressive football odds. Here you’ll find 105% on the three way percent markets for English Premier League, a 101.4% percent market on all Asian handicaps and a plethora of promotions including many moneyback guarantee options. Although it is promoted a bit differently, Canbet offers “draw no bet” options for football as well. Perhaps the biggest advantage for football punters is their In-Play wagers. As I mentioned earlier in this Canbet review, their odds are unique, meaning they are not simply copies of the odds offered at other online bookmakers. This comes very much in handy for betting In-Play, which is a feature Canbet offers on more than 500 matches each and every week.

American Sports

Canbet also offers American Sports such as baseball, basketball, hockey and gridiron. For Gridiron (American Football) and NBA basketball their odds are some of the best in the industry. For a typical point spread wager the percent market is 103.36% which is 1.93/1.93 (-107 juice). This is far better than the 104.76% market of 1.91/1.91 (-110 juice) most online bookmakers use.

Great Horse Racing Odds

If you love horse race betting, no doubt you’ll love Canbet. Here you’re guaranteed the best odds in the industry. Place wagers on the early line and if the SP comes in higher you’ll be paid the SP. For Irish and UK races, place a bet on the SP and you’ll be guaranteed a pay-out higher than SP. For Hong Kong races, win or lose all of your wagers are given an 8% rebate. With a plethora of horse races covered from all across the globe and these great odds I just mentioned, no doubt Canbet is a great site for anyone who likes betting the tracks.

Keep in mind you can also find betting markets for other matches televised on ESPN India including Tennis, and Formula 1.

Canbet or Bet365 – Rupee Bookmakers Compared

If you have to limit yourself to a single betting site, you’ll want to choose Bet365 or Canbet as these only two online bookmakers that offer Indian rupee as a currency option. The decision of which to choose depends on your wagering preferences. If you simply bet IPL cricket and other matches popular in India than either or is sufficient. The one advantage Canbet has is there is no casino, poker room, or bingo site that might lead you to cave into the temptations of making –EV bets when bored or looking to chase a loss. This could however be a disadvantage if you prefer casino, poker and bingo. If you can manage it, it is highly advised you use both www.canbet.com and www.bet365.com, along with the Betfair Betting Exchange. Using these three sites you’re sure to get the best odds on all matches.