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  • August 07, 2022

India: An almost virgin territory for betting

It would be quite fitting here to quote that «the Enterprise goes where no man has gone before». At least for the online versions of gambling. The reason dates back to 1867 and the Public Gambling Act that strictly prohibited all sorts of the practice, on the grounds of it being a source of crime, money laundering and corruption. The law specifically prohibited running or owning any sort of relevant establishment, as well as visiting such a house, under penalties of fines and incarceration.

However, the conditions changed radically since the Information Technology Act of 2000 and the rulings of the Supreme Court of India that in essence allowed gambling as long as there was any level of skill required, as opposed to pure luck. In consort with the fact that there are no federal laws specifically prohibiting online gambling and the constitution that allows this subject to be a matter to be decided upon by each state separately, the door was opened and the people of India started pouring right through. At this time only the states of Telangana and Andhra Pradesh still prohibit any sort of gambling activity.

While betting extends to all sports, there is always one that tops everything else. The best betting sites in India are considered the ones that offer the best deals for the country’s national sport: cricket. Especially in the states of Goa, Daman and Sikkim, where the local legislation took the decision to make the practice legal, and the fact that there is no restriction for enterprises of non-Indian ownership to publish sites targeting bettors for the country, there has been an influx of clientele to all the top Asian and European bookmakers that offer the sport.

As aforementioned, there must be a level of skill involved. Luck cannot be ruled out completely, the chances of successful betting can radically be increased if the proper steps are followed. The «skill level» here is derived from the amount of information about the circumstances surrounding each event and its correct evaluation. It’s also a great skill to identify where the best soccer predictions (or for any other sport for that matter) can be found and take them under consideration, before making a decision on where to place a bet.

There are, of course, other skills involved that can be exploited and increase the profitability of the endeavour to the maximum, while reducing the chance to the minimum levels possible. People can seek the services of reputable, reliable and trustworthy betting agents to add an additional level of security against falling prey to establishments that do not provide the best of services. They can also opt for betting platforms where they would be able to place as many bets as they wanted, to as many bookmakers as they wanted, at the same time. Not to mention, of course, the existence of numerous tools and software that they can use to increase their chances of success.

There are millions of potential customers for the relevant betting establishments in a country that had the latest population count of almost a billion and a half people. Taking into consideration that in the last 20 or so years, the financial development has allowed for the establishment of the middle class and that the territory is more or less completely virgin, the proper services can evolve a healthy and prosperous gambling community that will benefit the entire industry.