Gambling has been the age-old phenomena in India and not only in India but all around the world. From casual betting during the cricket match to Gamble at Casinos, Gambling has its root everywhere. Gambling, in the literal meaning, is the playing games of chance for money. It has evolved over some time. Gambling in playing cards has been very common; then it blends with the western world and names its casinos. From one way to other, Gambling has evolved with time and involved every generation.
As we talk about evolution, online gambling is one such addition. Online Gambling is one such platform which uses the Internet as a mode to play games of chance for money. You can play the idnpoker over various online platforms for unlimited fun and entertainment. It includes Poker, Casino, sports betting, etc. In this game of speculation, playing it on the Internet is itself big speculation.
Is it safe to Gamble online?
There are several sites, app, etc. which offer this game. The authenticity of these sites and app is an important issue. How can we identify which site is authentic and not fake for gambling is itself a hard nut to crack? There is always a risk. Risk of the sites, app, and risk of money. The most common fraud that most people face with online gambling is:
- The company does not pay the winner.
- The company pays very late.
- The company’s online portal is not safe for the transaction.
Online gambling comes with a long list of risks involved. Still, people who are addicted to it pays no attention to these risks. Online gambling is not regulated or monitored by any authority. It is the speculative risk category. Here the person himself has to be careful before putting his money. You can trust various review sites, but again the clouds of speculation lie over it also.
Is it legal to gamble online?
There is no Law passed in India based on gambling or Online Gambling. In the US, there is the American Internet Gambling Prohibition Act. There are certain government bodies in India, like Sikkim Online Gaming (Regulation) Rules, 2009. Horse race betting in India has been legalized at the state level. There isn’t any strict prohibition on Lotteries in India. Only the state released lotteries are legal. Casino Gambling is legalized by Goa, and then it was legalized by Sikkim. Therefore, there are few states which completely prohibit Gambling like Maharashtra.
There are fewer chances that the government would legalize it. Nevertheless, the gambling industry is increasing. The number of casino and the interest of people has increased. Online Gambling has become very popular that new generation is finding it interesting.