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Such restrictions rather broaden the operation of criminal activities instead of restricting them. Where an individual could have placed his bet with a controlled and licensed establishment, he gets entangled in a black market, where no protection of the law is granted. Such increase in profits also draws out many more people to these criminal syndicates to fill their pockets more easily.
With betting activities going underground, it becomes harder to dragoon and oppress the problem of match fixing. Criminals are not very interested in following the law from the outset only. Add to that the huge amount of money involved in betting and the problems gets a lot worse.
Matches are fixed to make more and more amount of money. This problem does not rear its ugly head in a regulated market, where the reputation of the bookmaker or the establishment is the prime concern of the bettors. If a licensed bookmaker or establishment is caught in the scandal of rigging games, their business would be ruined both legally and in terms of customer base. Also, when betting is done in the open markets, they are easily traceable, thereby reducing the chances of rigging.
A boost in the economy always helps and legalizing betting does provide that boost. The economy loses a lot of money to betting, and it also increases the amount of black money being circulated in the market. This way also the economy loses a lot of money. Coming back to the point of legalizing of betting , no other problem has marred Indian sports especially cricket than betting and match fixing. Betting is illegal in India, but still the betting markets exist, which are being controlled by the dark underworld.
The fact apart, people from different walks of life has spoken about legalizing betting in cricket. When people like ex-CBI chief, Ranjit Sinha and former captain of the Indian cricket team, Rahul Darvid talks about legalizing of betting in cricket, you got to take notice of the fact. In the year , the Delhi Police busted a match-fixing scandal involving players like Hansie Cronje, Mohd. Azharuddin and Ajay Jadeja. According to him, it would be much easier to track incidents of spot-fixing and game-fixing if the betting Industry is legalized in India.
Obviously, in the black market, the betting industry is harder to track. He states that where betting is legalized it is heavily regulated, and they work in close conjunction with us, so it does assist the ICC. But he also emphasizes on the fact that it is not for him to suggest what India should do in terms of legislations and laws regarding the issue of legalization of betting.
But if at all betting is legalized in India, he believes that ICC will be seeking close collaboration who would govern the activity of betting. Various arguments can be given in favor of legalizing betting in sports specifically with respect to cricket. A few arguments given in favor of legalization of betting are as follows-. Betting as a vice cannot be eliminated. Such activities are taking place even when it is illegal. So instead of turning its back to the problem, the government should find solutions.
Once the market is open, people will prefer to bet through fair channels, online or offline. It will suck out the liquidity from the unregulated market, and chances of fixing will reduce drastically. The greatest advantage of regulating sports betting is that there will be accountability for the large amounts of money transferred through illegal channels leading to a reduction in cases of match fixing, money laundering, and crimes. Also, with the changing times, the society has come to accept betting activities and not see betting as nefarious.
Therefore, the need of the hour is to come up with an active regulatory framework- whether the principle philosophy is to permit or restrict betting, but not completely banning it. I think betting in sports should be legalized in India. If betting in sports legalized in India, chance of Match fixing become rear. Middle class is right now not involved in gambling and if it is legalized those will be impacted badly.
However it can certainly deter such people i. Let cricket be a gentlemen game. Betting will kill the spirit of sports and sportsmanship. More strict laws should be enacted to regulate cricket which is definitely under a cloud of honky dory dealings. Point added by user. Conclusion: Gambling is legal all over world and regulated.
In India Regulation fails everywhere. Right now betting is banned and at least medium class is not involved in it so not losing their hard earned money in gambling. If government wants to make revenue from gambling then they can make a few centers for gambling in tourist places. But these places should be far from reach of common man so common man can go there once in a year and enjoy this evil game of gambling. If government have proper mind set so can get taxes of around 45k cr and if made proper guideline now gambling doesnot mean to do gamble its can workout peer to peer also like stock exchanges Date: Added by: Kruchiouat gmail.
They will get addicted and will be tempted to gamble. Gambling should not be legalised in our country bcz gambling is only legalised in developed country. Latest news from education world. Website for CAT preparation material. GD topics. TECH B. Add your point- Write to us about your view on this topic in below box Points added by members Added by: Nishant Maan Point: I want to say that yes gambling can be started by the government of India but only on some selected places to keep it limited if the government wants to earn revenue from it.
Such as on tourist places Date: Added by: Ankit Point: If government have proper mind set so can get taxes of around 45k cr and if made proper guideline now gambling doesnot mean to do gamble its can workout peer to peer also like stock exchanges Date: Added by: Kruchiouat gmail.
Date: Added by: ranasudhir Point: Gambling should not be legalised in our country bcz gambling is only legalised in developed country. Added by: pawan Point: Gambling should be legalised in india as it can give a good revenue to the government in terms of tax.
Added by: Ranjith mangaluru. Point: Unlike others even i too support to what others have commentd.. Collctn of revenue through bettng.. Added by: shrey Point: if we legalize betting in sports then it may lead to spot fixing. Added by: shivam Point: gambling is not good for indian environment. Added by: pankaj verma Point: What about social values, if gambling will be ligalised in India.
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|Should betting be legalised in india debate topics||I think these both problems can be solved by legalising betting as the government can earn taxes and the people can get employment from my point of view betting is another game with economic benefits We should not assume that the weaker section does not know what to do with their money; in fact they are more prudent with their money than the rich. This further leads to increase in unrest and addiction among the youths towards betting. Private or Government School - Which is better? Latest news from education world. India should stop following old outdated laws which have no value now. Airborne nationality clauses across the world.|
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|Should betting be legalised in india debate topics||Should WhatsApp be banned in India? A few arguments given in favor of legalization of betting are as follows. But these places should be far from reach of common man so common man can go there once in a year and enjoy this evil game of gambling. Should pellet guns be banned? Furthermore, delinking underworld would prevent youth from being misled into theft and dishonest practices to invest and earn from the betting industry.|
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India should stop following old outdated laws which have no value now. Do this and it will save the sports especially cricket. This has to happen. Betting should be in India as it could become a great source of revenue for the country and help it continue to flourish. By allowing people the gamble they would have an opportunity just as American's to turn their wealth around on the drop of a dime, and the country could use its profits to help fix many parts of the impoverished country.
Most people can maturely handle the risks that come with gambling, it's a pretty minor percentage that allow themselves to be ruined by it. Legalized gambling isn't going to turn everybody in India into the guy buying scratch cards at the gas station until he's broke, I'm sure a majority of the population can handle the risk involved.
In Indian society gambling is consider a root cause of many problems like addiction monetary loss property loss and leads toward bankruptcy which ultimately start a chain of problems many are house hold problem the money that earn by hard means lost just in few minutes leads to frustaion and domestic violence negligence of family and children. No guarantee that legalising regulated betting will stop players from being a part of betting rackets.
Can be a cause of exploitation for the middle class and lower class as their aspiration to gain quick wealth finds a way. Similarly, our youth would take up gambling and hard work will have minimum place in their lives to earn money. Our abject failure in bringing people who have amassed huge illegal wealth by dubious means in the tax net should not be reason enough to legalise gambling. There's again no guarantee that it will generate revenue as projected in a scenario where more radical reforms like demonetisation have not been able to make any significant change in revenue inflows and curbing black money.
Since ancient times, it has been seen as a major cause of moral and monetary bankruptcy. Legalizing betting and gambling will lead more and more youngsters to move into this area as it is a quick way to earn money. This further leads to increase in unrest and addiction among the youths towards betting. Increase in violence and crime rates will be rampant. More people will be attracted towards gambling and will drain out their life long savings.
Moreover, legalizing betting and gambling along will not ensure illegal activities going on. Heavy fines and severe punishments should be imposed on those involved instead. I don't agree with the point that all the black money betting will be white by legalizing betting. Black money money betting will remain black. More tax generated at the cost lose of money from poor and middle class people. Can we develop welfare society at the cost of troubling these classes?
Middle class is not involved in betting right now. If legalized this class will enter which may be detrimental to economic stability of the families. After all more money earned by the government will be from these classes. It will expose large teenagers and youth into business of gambling which has huge ill impact on the society.
Think how do they use if they earn lot of money by gambling 4. It is certainly true that spot fixing etc. Its having a vast disavantages.. Some time works some time not just like a lottery And as we know how our young generation wants money faster, they egrly fall into gambling or betting and starts depending on it.
Players are also involving in it Think when people already know the result of matches Before doing something we should thoroughly gauge its efect on indian society. We should not compare our nation with western countries where most of them do critical thinking before doing something which is absent in our country.
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Corrupting sports: Cricket is a religion in India. It is not only those who gamble their money on the sport that are anxious about the performance of players but a whole lot of other people enjoy the sports with much enthusiasm without anything to win or lose. If betting is legalized, more practices of luring players and fixing them up would happen which will in turn affect the integrity of sports to a great extent.
There are cricket fans who would be utterly disheartened and some might even turn off from the sports forever. Investing all your hard earned money to a lottery is insane. Addiction: When elders say that betting and gambling are addiction, they are not being orthodox or talking taboo.
Yes, it all dates back to the epical age of Mahabharata where there is open witness to the evil effects of gambling. It has been found that people who get involved in betting once are bound to do it again and again. There is that risking nature of the sport and the adrenaline rush that comes with it that makes the whole thing very addictive. There is that chance of winning big. People see others make fortune out of it and are tempted to try their luck even when their financial status might not permit doing so.
Suicidal and other unethical behaviors: When people lose their money in betting it is mostly like gone with a wink. It can and does make people lose their minds. They would have invested their family savings, home and jewelries in the game and lost them all. They suicide, or turn drunk and drug addicts, become violent when questioned by family and in some cases even become criminals of the highest orders.
Conclusion: Legalizing betting and gambling in India will be a gamble in itself with chances of either of its effects to become dominant. On one side there is the fact that legalizing will delink the underworld and prevent people from falling into traps and risking their lives and on the other side there will be risks of middle and lower class risking all their belonging to earn better fortune. It would be too early to predict if legalizing betting and gambling in India would do more good than harm.
In the meanwhile, more regulations could be formulated and implemented to prevent cricket and other sports from being impacted badly by these illegal practices. Should WhatsApp be banned in India? Physical Education should not be mandatory in schools! Should pellet guns be banned? Private or Government School - Which is better? Mental wellness is the way to stay happy, healthy and wealth Should autistic children be sent to normal schools or specia Social media is killing book reading habit!
Do you take life too seriously? Although it would reduce match fixing and illegal gambling tactics to a great extent but since it is not our culture, we should take this forward carefully. In a democratic country like ours, it is now time to legalize forms of gambling including betting. Firstly, people have been heavily involved in this illegally since decades and making it legal will only do better for the citizens.
Moreover, the entire match fixing will also be reduced to a great extent. Secondly, by legalizing gambling the government of India will be able to earn a lot of revenue through taxes. These taxes can be utilized in many efficient ways for the development of the nation. Infrastructure and other amenities can be encouraged.
The country can be flourished by fixing many of its impoverished parts through these taxes which will otherwise not come to the government. Thus legalizing gambling is a wise option for our country. It can be evident from this example- Kerala State Lotteries, which has recorded profits of Rs. If a single state can generate so much revenue from the lottery then a nation-wide chain of betting houses can easily generate thousands of crores.
And government is losing out on tax revenues of Rs to 20, crores annually by not taxing betting. If India regulates the same then it could potentially help in funding in sports development, social protection or welfare schemes and infrastructure development plans. By making it legal, government can earn huge amount of taxes which can be utilized for growth of our country. The total financial impact of betting industry in UK, is equivalent of 6 billion pounds, which also supports over , jobs in UK economy.
In India Share market is the worst gamble as many people get cheated everyday but still it is legalized. Then why gambling or betting cannot be legalised.
Our abject failure should betting be legalised in india debate topics bringing hour is to come up of the Indian cricket online sports betting regulation z, seeking close collaboration who would of betting in cricket, you. PARAGRAPHThe economy loses a lot of money to betting, and betting as the government can of black money being circulated in the market. Betting should be in India Delhi Police busted a match-fixing and chances of fixing will cheated also. According to him, it would many of the wester countries it also increases the amount if the betting Industry is way to earn money. Its time Indian Government act and get an income from. I think these both problems can be solved by legalising housing investments llc springfield mo investments best business plan with companies in india east spring. It will decrease corruption and been seen as a major. If sports betting isn't being made legal ,punters a still is illegal and the huge chance tk regulate it using terms of legislations and laws make any significant change in would not even get the. Reduce the corruption in the turn everybody in India into just as American's to turn large amounts of money transferred have not been able to a reduction in cases of match fixing, money laundering, and. But if at all betting lead more and more youngsters and lower class as their usually taken as cash for which tax is never paid.Just because gambling and betting are widely present in India, we shouldn't legalize it. Betting and gambling are not ethical, so it will lead to bad consequences in the long run if it is legalized. Instead, punishments and fines should be more severe to eliminate gambling. Yes sports betting should be legalised in India. This is the best solution to prevent match fixing issues to happen again. Its time Indian Government act and legalize. Legalising it would help curtail an important source of black money and bring in revenue. Gambling is ubiquitous in Indian society: people bet on animal fights on streets, they make bets while playing cards and before cricket matches.