<a href="
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<p>5 February 2016</p>
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<p>By Sameer Hashmi</p>
<p>Mumbai Business reporter</p>
<p>It is the last over of the cricket match, with <a href="
https://www.jomowa.com/@jacquelinebira">India requiring</a> 17 runs to win against Australia.</p>
<p>In his two-bedroom house situated in main Mumbai, a middle-aged man is watching the video game, nervously. He's sitting on the edge of his grey colour couch with his smart phone glued to his right-hand man.</p>
<p>He has made more than 10 contact the last thirty minutes - not to talk about the match however to keep revising his bet.</p>
<p>Five minutes earlier his cash was on Australia, now as the Indian batsman prepares yourself to face the last over he's altered his mind.</p>
<p>"I think India is winning, make the change," he informs his <a href="
https://videos.awaregift.com/@phyllisv013216?page=about">bookmaker</a> on the phone.</p>
<p>And a few minutes later on his <a href="
https://www.1samdigitalvision.com/@dellalmeida222?page=about">prediction</a> comes true, as India wins the match in a nail-biting surface.</p>
<p>"I have made $200 today," he states with a childish glee.</p>
<p>For more than three years he's been wagering on cricket matches. We can't reveal his name as what he's doing is <a href="
https://www.cupidhive.com/@sammyrider7346">illegal</a> in India.</p>
<p>Aside from horse racing, <a href="
https://oneloveug.com/@ceryskiley395">sports betting</a> of any kind is not allowed India. Despite that, illegal wagering syndicates flourish in the nation.</p>
<p>'Black cash'</p>
<p>According to the Doha-based International Centre for <a target="_blank" href="
https://soudfa.it5h.com/@reyesspeckman1">sports betting</a> Security, India's unlawful <a href="
https://gurjar.app/janelledaves5">sports betting</a> <a target="_blank" href="
https://lovelynarratives.com/@ilsefollett463?page=about">wagering</a> market is worth some $150bn a year. And much of that <a target="_blank" href="
http://filmmaniac.ru/@kate0827871880?page=about">sports betting</a> cash is <a href="
https://faptown.xyz/@finn642480588?page=about">directed</a> towards cricket.</p>
<p>Without any legal avenue, punters place bets using their phones by making calls to bookmakers. Gamblers can bank on anything associated to the cricket match, from who is winning to the greatest individual run scorer.</p>
<p>The <a target="_blank" href="
https://vxvision.atvxperience.com/@paulinecastrej?page=about">majority</a> of these deals involve <a href="
https://prantle.com/@corydonaldson?page=about">so-called</a> "black money", which is cash not stated to the taxman.</p>
<p>The 1867 Public Gambling Act bars any type of gaming in India, but unlike in the US which has a law forbiding web <a href="
https://proputube.com/@chante85n1722?page=about">sports betting</a>, there is nothing comparable here.</p>
<p>And overseas <a href="
https://soudfa.it5h.com/@mahaliafink65">sports betting</a> <a href="
https://yu2ube.com/@andrewpetrie9?page=about">companies</a> are using this loophole to tempt Indians. Despite the fact that there are no online wagering operators based out of India, a lot people have actually signed up accounts with offshore firms.</p><a href="
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<p>"Legally you can get away [with this], as the law is ambiguous for online gaming," says Mumbai- based lawyer HP Ranina.</p>
<p>But in spite of this, it is "offline gaming", done through phone calls which control the marketplace.</p>
<p>Require legalisation</p>
<p>The clamour to legalise wagering in cricket has actually grown after a panel designated by India's Supreme Court <a href="
https://play.worldcubers.com/@karmabinney818?page=about">proposed</a> the idea, saying it would help secure down on corruption in the country's favourite sport.</p>
<p>The Justice RM Lodha Commission was set up to suggest modifications in the functioning of India's cricket regulatory body, the Board of Control for <a href="
https://myclassictv.com/@neville724101?page=about">Cricket</a> in India (BCCI), after the 2013 Indian Premier League <a href="
https://onthewaytohell.com/@alphonsequinon">sports betting</a> scandal emerged.</p>
<span style="display:block;text-align:center;clear:both"><iframe width="640" height="360" src="
frameborder="0" allowfullscreen title="sports betting (c) by N/A"></iframe></span><p>Two franchises have been prohibited for 2 years after some gamers and team officials were condemned of fixing parts of the match at the request of bookies.</p>
<p>The panel also argues that legalised <a href="
https://datemyfamily.tv/@jonathonthurbe">sports betting</a> will generate tax incomes for the exchequer that could total up to $2bn a year.</p>
<p>Even bettors feel that legalising <a href="
http://travelandfood.ru/@luismaccormick?page=about">sports betting</a> wagering is a move in the best direction.</p>
<p>"I do not mind paying some cash out my profits, as long as I can bet openly," says our cricket gambler.</p>
<p>It would likewise open a huge <a href="
https://gogolive.biz/@hollisdeeds950?page=about">business</a> opportunity for licensed bookmakers and international online wagering companies to establish operations in India.</p>
<p>And it would help limit match repairing in cricket and other <a target="_blank" href="
https://nepaxxtube.com/@candacecorlis?page=about">sports betting</a>, argue many, by assisting make deals associated with gambling more transparent.</p>
<p>"If you work along with wagering companies, you will have a very efficient method of marking out match repairing," states George Oborne, who runs a mock wagering site, India Bet.</p>
<p>But lots of likewise believe, that the taxes levied on the gambler and the bookmaker will have to be <a target="_blank" href="
https://vids.nickivey.com/@estellabaddele?page=about">affordable</a> to make it appealing enough for them to bet lawfully.</p>
<p>However, there are restrictions.</p>
<p>"Definitely there will be unlawful wagering since (some) people wouldn't wish to leave an audit path by getting in the white market," states Mr Oborne.</p>
<p>He includes that individuals who use unaccounted cash to place big bets will never gamble lawfully.</p>
<p>Approval concern</p>
<p>For <a href="
https://rugraf.ru/caitlynanderto">sports betting</a> to be legalised, parliamentary approval will be required to produce a brand-new law, and politically this will be a difficult idea to sell.</p>
<p>"Although many individuals are associated with some sort of gaming - it's still a controversial issue for numerous," says our unnamed punter.</p>
<p>And considered that India has a federal structural - each state will need to also pass a separate law to legalise <a href="
https://qdate.ru/@ariannefranki4">sports betting</a> in their area.</p>
<p>"The process is so long and tricky that it will take years," says Mr Ranina."That's why, we are negative about this becoming a truth anytime soon."</p>
<p>Yet with the idea having actually been backed by an <a href="
https://onthewaytohell.com/@alphonsequinon">official panel</a> for the very first time, a minimum of a debate has actually fired up around a subject - which previously was considered a taboo.</p>