Sports Betting is an activity of forecasting sports results and putting money on the outcome of the games. The number of sports bets varies uponthe culture, the area and the type of sport. Most commonly, the sports bets are placed in the western nations and on activities like American Football, European Football, Basketball, Hockey, Baseball, Track Racing, Mixed Martial Art, Auto Racing and so on. However, the betting also goes beyond non-athletic events like horseracing, greyhound racing and illegal underground fighting. And may negatively affect your life. Therefore, one must limit the amount of betting to not give us a huge loss. Children below the age of 18 must stay far away from these things, which might destroy their life.
Various betting sites
Several international betting organisations facilitate sports betting, such as Betway, 22Bet, Bet365, 888sport, Ladbrokes, taruhan bola, William Hill, and so on. In India, online betting is not illegal as no law prohibits people from using betting sites based in countries where betting is legal. However, sports betting done through a dealer/bookie is still illegal in India and exists in grey areas.
The most popular sports for betting in India are Cricket, followed by Tennis, Basketball and Football. However, around 80% of illegal sports bets in India are made on Cricket. And more than 60% of sports bets placed globally are in the black market. These days, Fantasy Sports Betting is on the rise in India with Dream11, MPL, MyTeam11, Gamez, BalleBaazi, Paytm First Game and many more. Fantasy sports betting is another form of betting, but since this is referred to as a ‘Game of Skill’, it is legal in India. In these platforms, a person places a bet after selecting or choosing their preferred players, and the fight is against another person as their own rather than placing bets with a bookie in traditional betting.
The South African skipper was charged with fixing South Africa’s One Day Internationals with India in 2000. He was banned from playing or giving cricket lessons for life. He challenged the ban in September 2001, but in October 2001, his appeal was quashed. In 2002, Cronje was killed in a private plane accident, terminating all the investigation. Recently, in October 2019, the then Bangladesh captain Shakib-al-Hasan was banned from international cricket for one year after he failed to report that a bookmaker approached him. Similar fixing incidents have happened in the Indian Premier League, popularly known as the IPL.