Yes it is legal but putting money on the basis of prediction is not legal.

Betting is not per mitted as per law of the land in India.

It may be difficult for you to prove that 'prediction' did not partake the character of ''betting'' in the event you are prosecuted for betting. So desist from doing it.

1. Prediction for Cricket is permitted like predicting made in horoscope reading,

2. Gambling in making such chance prediction is illegal in India.