Online Betting Legal or illegal: The simple answer is No. Be sure to read this article in detail before participating in online gambling.
However, the Law Commission has issued a public notice inviting suggestions for betting legalization.
Online Betting Legal or illegal:
Under the Public Gambling Act, 1867 any kind of wagering or betting in a closed enclosure by using instruments of gaming with a view to the profit of any person owning such enclosure is illegal.
Additionally, this act prohibits visiting gambling houses. This act was passed decades before computers were invented, forget about the internet.
This act was passed decades before computers were invented, forget about the internet.
It is important to note that lotteries are not illegal, though only state government recognized lotteries under the Lotteries (Regulation) Act 1998 are legal.
They have to pay their tax. It is interesting to note that, Sikkim’s State Government Lottery is quite famous.
Now, as India does not have any specific law which bans online betting, offshore companies take advantage of this loophole.
Bet365, a UK based online betting portal, accepts bets from every state in India, and nothing can be done about it as it is under the purview of the UK Gambling Laws.
Using bet365, you can easily bet online for cricket, soccer, poker, casino, and bingo games. Just need to add money on bet365 using the bet365 bonus code to get extra joining bonus.
You can even download bet365 app from play store and use it on your smartphone.
Bet365 customer care available 24×7 via chat, email, phone support.
There is also some other top online betting website available.
None of such foreign betting sites accept payments from any Debit/Credit cards in India as it is illegal here, making such transactions a crime of money laundering.
Check here which is best payment option you need to do while participating in online betting.
The payment is such sites is done by a vast number of people in India by using online e-wallets.
However, RBI guidelines in the Foreign Exchange Management Act makes it illegal for unauthorized money to travel across borders for gambling, the change in the laws after globalization and its implementation is not as efficient and fast as the private beneficiaries who take advantage of such loopholes.
All in all, it is very safe and easy to bet online from India right now, go to the Cricket Section of prediction websites and IPL games top the list.
You can bet on all minute details of the game, from the toss to the number of wickets a baller will take down.
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Hope this helped you to understand Online Betting Legal or illegal, enjoy betting and be responsible.