Home / Lotus Book 247 – Another Illegal Betting Site to Avoid
Online gambling in India is at an all time high. The country has seen tremendous growth with the type of options that are available to you. These include online casinos, betting sites and even lottery sites. Can you believe that you can now enter the Mega Millions or PowerBall lottery and dream to win hundreds of millions of dollars!
Unfortunately, this has also given rise to quite a few banned and illegal websites. I have written two in depth reviews of Lord Exchange and King Exchange and why you should be avoiding those sites. Things don’t seem to be looking to rosy for Lotus Book 247 as I will explain in depth further down the article.
In the meantime, if you are looking for safe, secure and more importantly legal sites to bet on that look no further than the three I have listed below. These sites tick all the right boxes and will provide you superior odds on your favourite games be it cricket, kabaddi, roulette or lottery!
Lotus Book 247 is an online cricket betting site. There are two ways of creating an account with this site, either by the site ID or via the ‘JOIN NOW’ button on whatsapp. As is the case with other bookmakers, you will be required to deposit real money before you can place bets on the different games.
The minimum that you need to deposit is 5000 rupees. Once you have deposited, you are then provided with a unique username and password. Lotus Book 247 also provides you an additional kickback in the form of 5-10%. Simply put, if you deposit 2000 rupees, you will get an additional 100 or 200 rupees. If you want what is defined as the premium ID, then you will need to shell out at least 150,000 rupees.
This at first glance comes across shady where you required to make a deposit before you are even provided with your login credentials. Pick any other online casino such as Casino Days or bookmaker such as Betway and they will never ask you to provide funds before you are even provided a login.
Also even the act of depositing funds is not straightforward. You are required to message a bookie and specify to him how many funds need to be added to the account. The bookie will provide you with further instructions on where the money needs to be sent and after receiving the money, the bookie will provide you with your login credentials.
Withdrawing your funds is equally painful and you are once again required to contact your bookie, informing him of your desire to withdraw funds. He will ask you for your bank account information and the funds will be deposited there.
This is another red flag and one should not be disclosing such sensitive and personal information to a random person.
The owners of Lotus Book 247 are the same masterminds behind Mahadev Book. These so called entrepreneurs have created several illegal betting portals and offer sports, casino games and even lottery related products on some sites. Other illegal and banned sites that come under the Mahadev Book include Sky Exchange, Gold Exchange , Ice Exchange, King Exchange, Lord Exchange , Lotus King and several more.
In summary, I would strongly advise you against creating an account, let alone playing at these banned sites. The last thing you need is for your sensitive information to fall into the wrong hands. If things do go the wrong way up, you will be unable to register any case against these outfits as well. So why bother playing at a bookmaker that takes no responsibility of your well being.