At the Time We are Very Well Know That cricket betting is illigal in india . But As we heard from our sources that first step is taken to change the betting world is that Cricket and all other sports betting may be legal in india
SPORTS BETTING IN INDIA CURRENT STATUS
Sports betting, which includes online sports betting, is currently illegal in India. only exception is horse racing, which is taxed at a rate of 28%. accourding to this it doesn’t mean that nobody is playing betting . Some of the Peoples are playing bets illigaly and maily all bets are playes in ipl with ipl betting tips
As calculation regulated sports betting market could generate $50 billion ( 3205875000000 INR ) in revenue with $1.9 billion (121828950000 INR ) going into tax Offices . Wihich is very beneficial for the Indian Economy
CRICKET BETTING AND MATCH-FIXING ALTERCATION
As we heard many times that some of peoples of Arrested in sports betting mainly in cricket . And after ipl this betting fixing is 200 % increase in INDIA . If Sports Betting is Legal to INDIA It is very benifical or all goverment get the tax and by this goverment can full all needs of peples which are not completed due to the lake of revenue and By this INDIA Will Be the most Developed Country
However, this will not be an easy to get legal betting in India By goverment But Goverment is trying to Do it.