Betting

Introduction:

“I bet you can’t do it!” No other words in the English lexicon possess the power of motivation quite as much as the phrase mentioned above.
Betting, or more specifically wagering,makes a wager, popularly monetary on the occurrence or non-occurrence of a contingency. Sports betting operates on the same principle, except that wagers are made on the expected results of popular sporting events.

As with most things, sports betting has moved online, and it is estimated that global online betting marketing has a valuation of 58.9 billion USD.

Scandal in India:

Cricket has been one of India’s great unifiers, with the sport enjoying mass popularity throughout the length and breadth of the nation.

In 2000 the sport faced a major setback in the country when the Delhi police arrested a South African bookie, a

betting middleman, on the grounds of a conversation between him and Hansie Cronje, the then captain of the South African cricket team. What followed was one of the most chains of events as interrogations revealed that Cronje has thrown matches and implicated prominent Indian cricketers Mohammad Azharuddin and Ajay Jadeja as co-conspirators, with Jadeja facing a four-year ban as a consequence.

In recent times sports betting has taken on a new form in Indian cricket,with the Indian Premier League and Dream 11 coming under the scanner.

Legal Framework in India:

According to the Indian Contract Act 1872 and the Public Gambling Act, 1867, betting or gambling in public places is prohibited. However, these legislations are also draconian because they were drafted over 150 years ago could not have predicted the advances in technology that allow espousal of technology to gambling.

Thus, certain states have also taken to passing their legislation to address this, a case in point being the Sikkim Online Gaming (Regulation) Act,2008.

In conclusion, there is a need to view gambling and betting from a more contemporary prism, one capable of weighing its pros and cons impartially to reach a consensus.

 If nothing, judi online betting could serve as a lucrative avenue for the government to earn revenues by taxing proceeds from such bets at progressive rates. Given the number of franchisee leagues popping up all over the country, the scope for such an endeavour is not insignificant. Moreover, such a step would serve to legalize grey market operations and ensure legislative control over the ecosystem to promote fair practices.

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The gambling industry online is one highly profitable industry today. Many people are wagering on the sports online across the world, and playing poker, bingo as well as lottery games online at many gambling websites that are available on the internet. People who have not visited the land based casino and local bookie are also visiting sbobet888 casino rooms on the regular basis.

What makes gambling so appealing?

The best part of playing casino games online is you can play any game of your own choice without even leaving your house. Still, you won’t be served the free drinks; and you cannot watch the game that you have wagered from the big television screens; you may neither see facial expressions of the poker opponents nor hear sounds of coins coming from the slot games when you hit a big jackpot. 

Let us look at some benefits of online gambling comparing to the traditional gambling:

Diversity: how to jump from the poker room online to craps table and bingo hall when staying seated on the comfortable chair? Most of the casinos online feature the large range of the casino table games, video poker and slots machines. Furthermore, in a lot of gambling companies online you may switch from the casino gambling online to sports wagering online with the similar username or account.

Casino Bonuses: Where can you get free money for gambling? Most of the casinos online provide free money casino bonuses to attract new customers as well as keep up with your competition. Bonuses will begin from ten dollars free for downloading this casino software to some thousands of dollars for completing some needed amount of the raked hands

Convenience: What will be very convenient than to play your casino game in comfort of your home when listening to the favorite music or drinking favorite beer? And not to mention putting your dealer on hold every time you wish to take the break

Smoking & Dress Codes: No matter whether you are the smoker or non smoker, whenever you’re gambling on internet you’re free from obeying these rules. Similarly for dressing, drinking and eating; you will either smoke non-stop or stay in the non smoking environment; and wear sloppiest clothes; drink, eat, talk on your phone, watch television, and everything

Conclusion

Besides the list of some benefits mentioned, internet gambling provides an equal opportunity for the people with disabilities and those who can’t afford traveling away from their state just to play in the land based casino.

Sports betting has become one the favorite pastimes of many and the following are a few reasons that one should consider to place bets on the internet betting websites and so you can enjoy most of its benefits.

• Safe – The first reason to choose online betting is it is totally safe to place bets on betting websites than one can play bets offline. This is because most of the online bookmakers are run by reputable betting firms, who have been in the betting field for over some decades. Only reputable websites can survive in this online market and also people only choose such trusted websites to place their money.
• Instant play – In the internet version of sports betting, bettors will be able to place bets immediately, after deciding to place bets on the Ufabet To play in these betting websites, all you have to do is opening an account by providing a few of your details and then you can start to wager online. Before you can decided to bet, it is recommended to check the payment options that are available with the online website, so that you can make a payment in your own way.

• Higher odds – If you have a thought of placing bets online and also want to know ทีเด็ดบอลชุด is, and then there are more chances for you to get higher odds than offline version. As you know that more odds, then there is more chances for a bettor for winning more amount in betting websites.
• Bonuses – When you have signed in an online betting site for the first time, then as a new customer, you can get numerous profitable bonuses. Not only novice players of the site can be benefited by welcome bonus and no deposit bonus but also existing players who have been placing bets in the websites for a few years can also be benefited with a few types of bonuses which include loyalty bonus, refer a friend bonus and other promotions.
• Convenience – When you are placing bets on the internet, then can get most of the convenience like you will be able to place bets whenever you want to no matter whether it is day or night, you can also wager from anywhere, it can be your home, office and also other places. With an internet connection in any of devices like laptop, personal computer and mobile phones, wagering can be possible.
• Live betting – Another best merit that you will get when placing online bets is it is possible for you to bet on events and sports while they are live or in play and this aspect is not at all possible with traditional form of betting.