Global legalization of online betting in India: the main reasons of Government decision and its’ advantages for betters.
Legalization of betting in India
For many years betting, like other gambling entertainments has not been legalized. This status played a negative role not only for betters, but also for the government.
Firstly, the authorities spent their resources on the fight against illegal bookmakers. Secondly, large amounts of money went to offshore, instead of replenishing the treasury. The situation has changed only in recent years. Several bills have already been proposed for legalization of sports betting. Some Indian states have already legalized offline bookmakers’ activity. Moreover, online bookies which you can find at https://topbetting.in are formally not prohibited by law.
Main reasons of betting legalization
Gambling industry in India is very peculiar. Bookmakers are illegal in most states, but at the same time the country has no law that forbids online gambling. Moreover, some progressive political forces have already proposed bills for betting legalization. They make a strong case for legal bookies. Here is the list of main reasons to legalize betting sites in India:
- leisure of local citizens and guests becomes more diverse;
- state budget receives additional huge income;
- legal status provides match-fixing protection!
The last statement requires clarification. Over the past year there were a lot of appeals from Indian players for illegal bookies which tried to put pressure and make them lose. The only effective measure of struggle could be precisely the legalization of sports betting. Legal status will allow to gain control over the bookmakers, which are trying to influence the players in their interests.
Legal betting advantages for users
Betting legalization has also some important pros for betters. First of all, they will they will be able to place bets without fear of prosecution by the authorities. The other advantage is no problems with payment transactions. While betting is illegal there are some difficulties with deposits and withdrawals. As soon as online bookmakers get legal status, betters can use local payment systems without any limits. One way or another, but you can register on the bookmaker website in India and make bets without restrictions right now.
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