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<br>Howzat? The clamour to legalise [sports betting](https://naijamatta.com/read-blog/34878_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) in India<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
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<br>Published<br>
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<br>5 February 2016<br>
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<br>Share<br>
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<br>close panel<br>
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<br>Share page<br>
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<br>Copy link<br>
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<br>About sharing<br>
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<br>By Sameer Hashmi<br>
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<br>Mumbai Business press reporter<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
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<br>It is the last over of the cricket match, with India needing 17 go to win against Australia.<br>
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<br>In his two-bedroom home situated in main Mumbai, a [middle-aged](https://social.midnightdreamsreborns.com/read-blog/13139_just-how-much-are-americans-spending-on-sports-betting.html) man is watching the game, nervously. He's [sitting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:NoeWestgarth) on the edge of his grey colour sofa with his smart phone glued to his right-hand man.<br>
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<br>He has actually made more than 10 hire the last 30 minutes - not to talk about the match however to keep modifying his bet.<br>
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<br>Five minutes previously his cash was on Australia, but now as the Indian batsman gets all set to face the last over he's changed his mind.<br>
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<br>"I think India is winning, make the modification," he informs his bookmaker on the phone.<br>
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<br>And a few minutes later on his prediction comes real, as India wins the match in a nail-biting finish.<br>
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<br>"I have made $200 today," he says with a childish glee.<br>
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<br>For more than 3 years he's been banking on cricket matches. We can't expose his name as what he's doing is prohibited in India.<br>
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<br>Other than horse racing, [sports betting](https://clik.social/read-blog/18982_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) of any kind is not allowed India. Despite that, prohibited [sports betting](https://tartar.app/read-blog/1676_sport-betting-industry-wants-to-protect-itself.html) distributes flourish in the nation.<br>
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<br>'Black money'<br>
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<br>According to the Doha-based International Centre for [sports betting](https://higgledy-piggledy.xyz/index.php/User:ClintCammack261) Security, India's illegal [sports betting](https://bence.net/read-blog/6050_things-you-need-to-learn-about-rafting-adventures.html) market deserves some $150bn a year. And much of that gambling cash is directed towards cricket.<br>
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<br>Without any legal opportunity, punters position bets utilizing their phones by making calls to bookies. Gamblers can bet on anything associated to the cricket match, from who is [winning](https://clik.social/read-blog/18988_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) to the highest private run scorer.<br>
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<br>Most of these deals involve [so-called](https://sportysocialspace.com/read-blog/12002_online-betting-firms-gamble-on-soccer-mad-nigeria.html) "black cash", which is cash not stated to the taxman.<br>
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<br>The 1867 Public Gambling Act bars any kind of [sports betting](https://forum.subchems.com/read-blog/3820_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) in India, however unlike in the US which has a law forbiding [internet](https://www.athleticzoneforum.com/read-blog/735_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html) gaming, there is nothing comparable here.<br>
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<br>And overseas wagering business are using this loophole to draw Indians. Although there are no online wagering operators based out of India, a lot people have signed up accounts with overseas firms.<br>
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<br>"Legally you can get away [with this], as the law is unclear for online gambling," says Mumbai- based lawyer HP Ranina.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
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<br>But in spite of this, it is "offline [sports betting](https://marketchat.in/read-blog/2622_things-you-need-to-know-about-rafting-adventures.html)", done through phone calls which dominate the market.<br>
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<br>Require legalisation<br>
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<br>The clamour to legalise wagering in cricket has grown after a panel appointed by India's Supreme Court proposed the concept, saying it would assist secure down on corruption in the country's favourite sport.<br>
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<br>The Justice RM Lodha Commission was established to recommend modifications in the performance of India's cricket regulatory body, the Board of Control for Cricket in India (BCCI), after the 2013 Indian Premier League [sports betting](https://realhindu.in/read-blog/21490_the-ins-and-outs-of-betting-on-the-nfl-draft.html) scandal emerged.<br>
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<br>Two franchises have been prohibited for 2 years after some players and team authorities were condemned of repairing parts of the match at the request of bookmakers.<br>
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<br>The panel likewise argues that legalised wagering will bring in tax profits for the exchequer that could total up to $2bn a year.<br>
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<br>Even bettors feel that legalising [sports betting](https://iuridictum.pecina.cz/w/U%C5%BEivatel:NoeWestgarth) wagering is a move in the right instructions.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
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<br>"I do not mind paying some money out my revenues, as long as I can bet publicly," states our cricket bettor.<br>
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<br>It would likewise open a huge business opportunity for licensed bookmakers and worldwide online wagering companies to set up [operations](https://social.oneworldonesai.com/read-blog/1629_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) in India.<br>
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<br>And it would help restrict match fixing in cricket and other [sports betting](https://bytes-the-dust.com/index.php/User:LamontMarshburn), argue numerous, by assisting make transactions involved in [sports betting](https://seenoor.com/read-blog/451_for-sports-gambling-to-be-legalised.html) more transparent.<br>
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<br>"If you work along with [sports betting](https://travel-friends.net/read-blog/1045_how-fantasy-betting-app-development-companies-and-sports-developers.html) companies, you will have an extremely effective method of stamping out match repairing," says George Oborne, who runs a mock [sports betting](https://wooshbit.com/read-blog/18745_the-ins-and-outs-of-betting-on-the-nfl-draft.html) site, India Bet.<br>
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<br>But lots of also think, that the taxes levied on the gambler and the bookie will need to be [affordable](https://social.ppmandi.com/read-blog/235_the-ins-and-outs-of-betting-on-the-nfl-draft.html) to make it [appealing](https://ai.tienda/read-blog/7270_just-how-much-are-americans-investing-in-sports-betting.html) enough for them to [gamble lawfully](https://peoplesmedia.co/read-blog/12645_just-how-much-are-americans-spending-on-sports-betting.html).<br>
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<br>However, there are limitations.<br>
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<br>"Definitely there will be unlawful wagering due to the fact that (some) people would not desire to leave an audit trail by entering the white market," states Mr Oborne.<br>
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<br>He includes that individuals who money to place huge bets will never gamble legally.<br>
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<br>Approval concern<br>
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<br>For [sports betting](https://meta.mactan.com.br/read-blog/23959_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) to be legalised, parliamentary approval will be needed to develop a new law, and politically this will be a tough idea to sell.<br>
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<br>"Despite the fact that many individuals are involved in some sort of gambling - it's still a questionable issue for numerous," states our unnamed punter.<br>
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<br>And considered that India has a federal structural - each state will need to also pass a separate law to legalise [sports betting](https://drapia.org/11-WIKI/index.php/User:JermaineMcRobert) gambling in their area.<br>
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<br>"The procedure is so long and tricky that it will take years," says Mr Ranina."That's why, we are cynical about this becoming a truth anytime soon."<br>
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<br>Yet with the concept having actually been backed by an official panel for the very first time, a minimum of a dispute has sparked around a [topic -](https://zapzclubhouse.com/read-blog/2769_online-betting-firms-gamble-on-soccer-mad-nigeria.html) which previously was considered a taboo.<br>
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