Dhoni Betting App
 "Dhoni cricket betting app")
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In India, don’t we have a large middle-class population with a disposable income, a passion for sports, and a desire to gamble? (Hint — ‘no’ is not the correct answer).
A survey says that 40% of all internet users in India like to gamble. Though the existing legal framework makes it illegal, nothing can stop Indians, right? The illegal gambling market in India is worth more than $100 billion, growing at a rate of 7% every year! Majority of it is sports betting.
If the legal framework has failed to prevent gambling from taking place and if it is unstoppable, then why not regulate it so that at least some of the illegal activities can be curbed?
Well, let’s evaluate.
The Indian law discriminates each game to be a “game of skill” and “game of chance”. This differentiates fantasy sports from traditional betting. Betting in “game of skill” is legal in India. Fantasy sports betting is legal because it is a game of skill. And, in fantasy sports, your opponents are other human players, rather than bookmakers like in traditional betting. The ‘Dimmag se Dhoni’ campaign by Dream11 was aimed at reaffirming this skill-based nature.
Compared to traditional betting, the fantasy sports market in India is peanuts. Revenue from the music industry, movies and TV put together is far lesser than the market of illegal traditional sports betting.
Dhoni Betting App Download
Traditional sports betting is legal in many parts of the world, including Australia and western Europe, with the largest legal market in the UK. Football betting leads to the global sports betting industry. According to FIFA, an estimated amount of $136 billion dollars was wagered in the 2018 World Cup throughout the tournament, and $7.2 billion on the final match. This is way more than the bets placed on ‘The Money Fight’ between Mayweather and McGregor (around $100 million). This shows the strength in popularity of the game among ‘punters’.
Other popular sports for betting are Cricket, Tennis and Basketball. Around 80% of illegal sports betting in India is on Cricket.
According to research, more than 60% of sports bets placed globally are on the black market. This shows that the underground betting market would continue to operate even if India were to legalize sports betting.
Though the legal sports betting market won’t substitute the illegal one, the Indian government would gain from the tax revenues by taxing these activities. Take UK or China, for example, they have been utilizing tax revenues, generated from taxing betting activities, for good causes. Today, winnings from lotteries and horse races are taxed at 30% flat. A betting market, with such a huge potential, shall undoubtedly contribute hefty revenue to the government.
But as far as the intention of the government is concerned, it is not in favour of providing any support or allowing any type of FDI in betting platforms. Is it their morality that is stopping them? Because morals shall not stop Indians. Indians are betting in billions. Though it is perfectly reasonable and acceptable for someone to have a moral or personal objection to gambling.
And, it’s not just the government who would make money. Consider this: Allowing viewers to legally become sports bettors will make them more likely to watch sports. This will help the broadcasters due to an increase in viewership. Thus, the direct output, jobs, income, GDP, etc.
Employees in illegal sports betting operations currently spend a portion of their earnings on legal activities, so there would be a gain in legal economic activity. If this new sector emerges, it shall be needless to say that it will spark employment and also create new opportunities for startups.
Leagues tend to benefit too due to increased interest and engagement with games. But a proper framework should be developed by the government first. Else, it could kill the legal market before it even starts. There is no single rule or law for sports betting which can be applied across the globe. Different countries have followed a different approach based on socio-economic needs, public interest, political interest, etc.
The approach adopted by France has been widely criticized as involving excessive taxation and bureaucracy. As a result, many operators who originally decided to take licenses in France have found it impossible to carry on business.
India can learn a lot from this example if it wants the industry to flourish and contribute to GDP and the state revenue. After betting was legalized in the US, many leagues, including the National Basketball Association (NBA) and the Major League Baseball (MLB), demanded a 1% fee on bets placed on their games. This is what they called the “integrity fee” to monitor and investigate ethical concerns. The casino lobby opposed this fee, making a point that the games would be in operation regardless of the number of bets placed. They had a point though.
A proper framework should be developed to avoid such clashes.
Rules would also need to be framed to tax a betting firm based on where the customer is located, not based on where the firm is located. Because, if this approach is not followed, then bets placed offshore, by Indian customers, would generate no revenue to the state.
If you are an Indian and a cricket fan (or should I say — if you’re an Indian, you are a cricket fan), you would’ve heard about the match-fixing cases. Integrity in sports is crucial. If the betting is legalized, integrity and honesty will be under great threat. Match-fixing and spot-fixing would drastically increase. Athletes and players will be tempted. Creating a framework for controlling access to players, a few days before the match, would be the best way to mitigate this risk.
We mentioned earlier that more than 60% of sports bets placed globally are on the black market. When international bookmakers participate in betting activities in India, it encourages money laundering to support the outflow of funds. Systems such as Hawala or smuggling not only help in achieving this objective but also indirectly support criminal activities such as terrorism financing. So, legalizing the activity will not only help in curtailing an important source of black money but will also stop fund flows to terror agencies.
There is no doubt that regulating sports betting with proper laws will be better than banning it. Else, there would be a substantial monetary loss which is neither feasible nor desirable.
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All apps are equal. Some apps are more equal.
Heard of this new-age wisecrack? Well, this is certainly true about finding the best IPL betting app. In this situation, how would you find the best app for IPL betting?
The answer is simple: by doing hard-nosed research and by actually using the app with a critical eye. There are no short-cuts here. This article intends to give you a head-start though.
What Is IPL
IPL or Indian Premier League is the biggest franchisee-based league in cricket. Almost all major cricket stars worth their salt play in the league. Indian cricket’s administrative body, the Board of Cricket Control of India (BCCI), is the most powerful among such organizations in the world.
Its clout has ensured that not much international cricket would take place when the IPL is going on. It ensures the participation of almost all international stars. As of now, there are eight teams in the fray: Chennai Super Kings, Delhi Capitals, Kings XI Punjab, Kolkata Knight Riders, Mumbai Indians, Rajasthan Royals, Royal Challengers Bangalore and Sunrisers Hyderabad.
IPL’s Inner Secrets
The owner’s financial muscle does reflect on the team’s performance. Mumbai Indians have won all the matches in the alternate years from 2013 onwards. There team is owned by Mukesh Ambani, owner of India’s biggest business house: Reliance Industries. While betting, expect the trend to continue.
Chennai Super Kings are the ultimate weak-team bully in the IPL. MS Dhoni is the team’s captain who knows how to spot and crush mediocrity in the opposition. If the opposition team has a weakness, expect the Super Kings to exploit it to the hilt. In other words, back the Chennai outfit when they play against the bottom-ranked teams.
Royal Challengers are the most jinxed side in the IPL. They have never won the title, despite having some of the contemporary greats like Virat Kohli and AB de Villiers in their ranks. In betting, never make the mistake of backing them to win the IPL.
Teams like Sunrisers Hyderabad and Kolkata Knight Riders usually put up a good show. They are the only sides that have won the IPL in the last decade other than Mumbai Indians and Chennai Super Kings.
How to Find a Cricket Betting App for IPL
The best IPL betting app can be found from Dafabet, Royal Panda and 888sport. They offer uncluttered information and are easy to the eye.
A good cricket betting app must be useful for comparing odds. It must allow you to check the odds on the go and help make quick decisions on punting. Statistics are an integral part of cricket. There should be much more than the results of recent games and head to head statistics. Full scoreboards of recent games give you more data than a full-length article. The best app for IPL betting should provide full scoreboards in an eye-catching manner.
Most of the cricket betting apps do provide these features. But some provide in-depth info in the most comfortable and convenient way. Those apps are more equal.
Dhoni Betting App
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