There is hardly a hobby that has had the ability to attract such a wide audience around the world as sports. One portion of people likes to play them, which is a very good thing to do if you care about your health, but the greatest part of people enjoy watching sports and cheering for their national team, or their favorite among the clubs that are playing. This is not a new thing, people have been doing this for centuries, and the number of sports fans is increasing every day. Some people like to combine their love of sports and betting and give more depth to their sports-watching experience by betting on their favorite teams, which enables them to become even more involved. This is common in all parts of the world, and numerous websites offer amazing bonuses for new users, like the bet365 Bonus Code India. We have heard things about the Indian sports betting industry and its growth, but do you know how big it actually is? Keep reading to find out more.
Is betting even legal in India?
We tend to think that countries in the East are not very tolerant when it comes to betting, but you may be surprised to know that there are no general laws that prohibit sports betting and gambling in India.
However, there are numerous subtle differences, which occur due to every Indian state having its own individual laws about gambling.
Sports betting is still new in India, and not everyone is open-minded about it yet; even though people are slowly warming up to it, individual state laws have changed yet. This means that there are some parts of India where gambling is considered illegal and where you can get a prison sentence if you dabble in such activities.
How does that change things?
The laws related to betting in India are from the 19th century and cover only physical casinos and gambling houses. They do not regulate online casinos, which are more popular than ever, with Indians spending almost 2,000 hours a year on their smartphones, which is an excellent way of circumventing the prohibition of gambling. The gambling laws make it very difficult for any kind of official survey about gambling to be conducted; however, there is data that shows that 47% of Indians that go online do so to visit betting sites. The most popular choices for them seem to be lotteries and horse racing.
Will sports betting become legal?
When a country has laws as strict and old as the gambling law in India is, chances are that it is very outdated. However, the fact that more and more Indians are warming up to gambling means that there will be a lot of pressure from the general public for the government to revise and change the law. Even though they are bound by strong traditions and principles, we witness that more and more people are betting, and in a country of 1.3 million people, it is only a matter of time before it becomes perfectly legal to bet on your favorite sports team.