India to legalize gambling and sports betting

[kurian]

I become far from clear the policy of India, if they legalize it all. After all, the country itself is an ancient culture, and so will be a lot of gambling and debauchery. Maybe I missed something. 

To me I think that it is depending on their religion, if gambling is legal in their religion then their government will also make it legal, but if it is not legal in their religion then people will do protect against their decision for legalizing gambling.

I don't think it depends on the religion. Even epics in Hinduism mentions gambling which existed more than 2000 years before Christ. Still underground gambling activities are live in India worth millions. If religion has any effect on gambling, it wouldn't have existed.

[Kprawn]

They should seriously consider excluding Cricket betting from this, because the game suffered from a lot of fixing and cheating

in the past and it spoiled the game for me. I know Cricket is huge in India, but they should just allow Sport where "cheating"

has less of an impact on the outcome of the game. A lot of these "cheaters" are professional Sport betting syndicates and they

are ruthless. <Example : Hansie Cronje>   

[Soots]

They should seriously consider excluding Cricket betting from this, because the game suffered from a lot of fixing and cheating

in the past and it spoiled the game for me. I know Cricket is huge in India, but they should just allow Sport where "cheating"

has less of an impact on the outcome of the game. A lot of these "cheaters" are professional Sport betting syndicates and they

are ruthless. <Example : Hansie Cronje>   

In that scenario, the cheaters were liable on their actions and I wonder how those guys performed the cheating? despite of the sport betting game security. As you said here india was a huge fan of cricket, so the game hosts could focus directly to the game strategy. I don't think this game can be excluded, unless there's a massive petition to the online gambling operators to abolish this type of sports betting game.

[STT]

Cheating is possible in every sport though, boxing is famous for it.  In cricket the biggest danger seems to come from spot bets where the bet is incredibly specific and it seems kind of setup is going to be risky from the beginning.
I dont know about restricting entirely but its not smart to be breaking the game down too much.   They could ask the industry to self regulate and restrict itself to only bets on the overall outcome of the game.  It should be far easier to detect cheating over the duration of the entire match then just 1 single statistic someone placed a bet on.

[Kprawn]

Cheating is possible in every sport though, boxing is famous for it.  In cricket the biggest danger seems to come from spot bets where the bet is incredibly specific and it seems kind of setup is going to be risky from the beginning.
I dont know about restricting entirely but its not smart to be breaking the game down too much.   They could ask the industry to self regulate and restrict itself to only bets on the overall outcome of the game.  It should be far easier to detect cheating over the duration of the entire match then just 1 single statistic someone placed a bet on.

Well it was severe enough for many people like myself to stop watching Cricket. Why would you sit for days to watch these

tournaments, if they already know what the outcome will be. These guys are betting on every aspect of the Cricket and it got

out of hand. This would be more acceptable if this was local club games, but this is happening in international matches. 

Top 10 popular sports in India :

•Cricket
•Football
•Kabaddi
•Badminton
•Hockey
•Tennis
•Wrestling
•Boxing

[ethereumhunter]

maybe this will bring good things for Indian people but I hope that the government can think about the possibility their citizen become addicting in gambling. but I wonder what will happen later if there are many Indian people playing gambling and they use a big money to playing gambling and I hope that there will be no problem in that country as I know that their country has big populations that have strong religion.

[MinerHQ]

Cheating is possible in every sport though, boxing is famous for it.  In cricket the biggest danger seems to come from spot bets where the bet is incredibly specific and it seems kind of setup is going to be risky from the beginning.
I dont know about restricting entirely but its not smart to be breaking the game down too much.   They could ask the industry to self regulate and restrict itself to only bets on the overall outcome of the game.  It should be far easier to detect cheating over the duration of the entire match then just 1 single statistic someone placed a bet on.

Currently, illegal bets are done on every ball or over level so even legalised gambling allow only overall match results for betting these illegal activities will continue.

Once it is illegalized addicted people may spend all their money on gambling and can create other social issues so they need to prepare for how to tackle these issues or put some restrict on each person how much he/she can spend on gambling on a daily basis or monthly basis depending on their earning.

[onrise]

maybe this will bring good things for Indian people but I hope that the government can think about the possibility their citizen become addicting in gambling. but I wonder what will happen later if there are many Indian people playing gambling and they use a big money to playing gambling and I hope that there will be no problem in that country as I know that their country has big populations that have strong religion.

Does not seems that this is even in the talks as India has currently many other things to look for and elections are on the way so everybody would be busy as no one knows what will happen and also the economy is take the financial toll as all markets are falling badly. So do not think they would in between want to do something like this.

[avikz]

maybe this will bring good things for Indian people but I hope that the government can think about the possibility their citizen become addicting in gambling. but I wonder what will happen later if there are many Indian people playing gambling and they use a big money to playing gambling and I hope that there will be no problem in that country as I know that their country has big populations that have strong religion.

Does not seems that this is even in the talks as India has currently many other things to look for and elections are on the way so everybody would be busy as no one knows what will happen and also the economy is take the financial toll as all markets are falling badly. So do not think they would in between want to do something like this.

This is sad but true! The stock market is heavily falling on each trading day and the value of Indian Rupee is also weakening against dollar. Also rising fuel cost is taking another chuck from the current account deficit. It seems like all bad omen is currently focusing on the Indian Stock market. It is the result of 4 years of financial wrongdoings by the current government. That is also pushing the talks regarding gambling behind as the priority has now changed.

[supermine]

maybe this will bring good things for Indian people but I hope that the government can think about the possibility their citizen become addicting in gambling. but I wonder what will happen later if there are many Indian people playing gambling and they use a big money to playing gambling and I hope that there will be no problem in that country as I know that their country has big populations that have strong religion.

Does not seems that this is even in the talks as India has currently many other things to look for and elections are on the way so everybody would be busy as no one knows what will happen and also the economy is take the financial toll as all markets are falling badly. So do not think they would in between want to do something like this.

This is sad but true! The stock market is heavily falling on each trading day and the value of Indian Rupee is also weakening against dollar. Also rising fuel cost is taking another chuck from the current account deficit. It seems like all bad omen is currently focusing on the Indian Stock market. It is the result of 4 years of financial wrongdoings by the current government. That is also pushing the talks regarding gambling behind as the priority has now changed.

Indian governments were very slow in implementing the new rules because they always need to look for their political parties and election works and as you said the prime minister of India now hated by most of the Indians who is living all around the world for bad government management and religious activities as their main priority than national issues.Indian economy is collapsed at the moment for historical price increase in the fuel prices so this time they don't have much time to look out for gambling decisions.

[pixie85]

If they do it it will be good for everyone. The economy will get a boost with new businesses paying taxes and we know that gambling means huge money and huge money mean huge taxes. People will be allowed for some more freedom which is also good. The less bans from the government the better it's a general rule that works every time.

[rodskee]

Haha i can believe this news is true not a joke
As i know indian government not allowing gambling in their country it's because against the indian religious
And if i'm not wrong indian government warning to their people to carefull using cryptocurrency because they compare gambling investment because of high volatile movement

[BALIK]

Looking at the effects of gambling on civilization, I would say it's not a wise move to make it legal after having it illegal for so long.

Personally, I think that gambling should be controlled such that people cannot lose their life savings over it. Many of the people who take such risks are not mentally competent to understand the risk they are taking, thus when they lose it is hardly their fault.

I would love to see some more humanitarian casinos that do the right thing, rather than being all for profit sometimes.

[Pettuh4]

Looking at the effects of gambling on civilization, I would say it's not a wise move to make it legal after having it illegal for so long.

Personally, I think that gambling should be controlled such that people cannot lose their life savings over it. Many of the people who take such risks are not mentally competent to understand the risk they are taking, thus when they lose it is hardly their fault.

I would love to see some more humanitarian casinos that do the right thing, rather than being all for profit sometimes.

t

I think legalizing sports betting alone would be better than legalizing all forms of gambling because sports betting seems to be a little bit controlled than hard core gambling in the casinos which could ruin an individual completely. I don't think many sports bettors stake high enough to explain bale to ruin a home like at the casinos and so legalizing that lone would have been perfect.

[Questat]

Looking at the effects of gambling on civilization, I would say it's not a wise move to make it legal after having it illegal for so long.

Personally, I think that gambling should be controlled such that people cannot lose their life savings over it. Many of the people who take such risks are not mentally competent to understand the risk they are taking, thus when they lose it is hardly their fault.

I would love to see some more humanitarian casinos that do the right thing, rather than being all for profit sometimes.

t

I think legalizing sports betting alone would be better than legalizing all forms of gambling because sports betting seems to be a little bit controlled than hard core gambling in the casinos which could ruin an individual completely. I don't think many sports bettors stake high enough to explain bale to ruin a home like at the casinos and so legalizing that lone would have been perfect.

There is no problem with legalizing gambling because it's just a form of entertainment and it could give a little boost to the economy especially
if more investors will operate, as long as it's properly regulated and the rules applied strict for the benefit of all, there would be no problem.
Right now, it's easy to bypass illegal rules on gambling because blockchain is here.

[supermine]

Haha i can believe this news is true not a joke
As i know indian government not allowing gambling in their country it's because against the indian religious
And if i'm not wrong indian government warning to their people to carefull using cryptocurrency because they compare gambling investment because of high volatile movement

In India gambling is not illegal,some form of games were prohibited and betting on those games is crimes there,sport betting absolutely legal there even they have many apps for gambling where we can easily play with our fiat money by linking our bank account there and most used games is cricket and football and MS.Dhoni is the ambassidar for that app I think.

[maydna]

I guess this will makes Indian people can free to make bets in sports betting since this game attract a lot of people to place their money. And I think the government can also get more income by legalizing gambling and sports betting so they can increase their revenue in this section. But I wonder what will happen with the religion which I heard, they strictly prohibit their people from playing gambling but I don't know the truth. And soon, we will be going to see there are many sports betting site which will launch and the owner is people from India.

[plescruslo]

Haha i can believe this news is true not a joke
As i know indian government not allowing gambling in their country it's because against the indian religious
And if i'm not wrong indian government warning to their people to carefull using cryptocurrency because they compare gambling investment because of high volatile movement

In the whole world the biggest number of gambler are Indians. Gambling is a big industry in India and I think this is the main reason that the government legalized gambling there. Bookies may pay tax on their income and is it also good for their government. Gambling should not be controlled anywhere in the world, so it’s better to legalize it and impose tax on it.

[btcdevil]

Haha i can believe this news is true not a joke
As i know indian government not allowing gambling in their country it's because against the indian religious
And if i'm not wrong indian government warning to their people to carefull using cryptocurrency because they compare gambling investment because of high volatile movement

In the whole world the biggest number of gambler are Indians. Gambling is a big industry in India and I think this is the main reason that the government legalized gambling there. Bookies may pay tax on their income and is it also good for their government. Gambling should not be controlled anywhere in the world, so it’s better to legalize it and impose tax on it.

Ya it is true that India is having a big gambling industry and in cricket IPL their is more then 10k Crore of value of trading is going on and that too illegally so think it it becomes legal then how much tax government can get through it.

[Supercrypt]

I guess this will makes Indian people can free to make bets in sports betting since this game attract a lot of people to place their money. And I think the government can also get more income by legalizing gambling and sports betting so they can increase their revenue in this section. But I wonder what will happen with the religion which I heard, they strictly prohibit their people from playing gambling but I don't know the truth. And soon, we will be going to see there are many sports betting site which will launch and the owner is people from India.

Well, it would be a start of more gambling spree and addicts as far as I am concerned.

I do not have anything against gambling, I only have a problem with more people who are gullible not to think straight and looking for what they should not be looking for in gambling, becoming more exposed to it and that would even keep telling on people who have so little to even live on end up wasting it away all in the name of trying to acquire wealth and riches from gambling, only to find out the reality the hard way and then getting out of it becomes a problem.

Moreover, it is not like it has been illegal right from onset, but at least, now that it has become legalized it shows where the government actually stands.