There has been a dramatic change in the market size of the online gambling industry, it has skyrocketed over a very short period of time. It reached a global value of around 70 billion USD last year and is expected to double in 6 years. What I am referring to can be simply defined as using the internet to place bets on casinos, sports, etc. There are apps and websites like rajawaliqq designed for it and it is available on any internet device you can think of. It is a relatively new concept, but it is here to stay and one should know some basics about it.
Unlike regular gambling, nearly anything which can be a subject to betting may be found in such platforms. Its types are simple yet cover a wide market. They are as follows:
- Casinos and lotteries
- Sports betting
The experience is not too different than the real thing, there is a fancy virtual poker table shown on the screen and in some cases, you can socialize with the other player as well. There is no human dealer involved and cards (in case of games involving cards) are dealt randomly. It is much more convenient than going to an actual casino.
Online Gambling in India
When we talk about our country, the laws related to this matter are pretty ambiguous and they need to be cleared. Every state has its separate laws in this case. It mostly depends on the type of game one is taking their chances on; they are categorized in two ways:
- Game of chance: Based purely on luck. Skill or Experience doesn’t play a part here. These types of games are illegal in India
- Game of Skill: Skill or Experience plays its part in helping a person win. These types of games are legal in most parts of the country.
Piece of advice: go for the latter as games of chance have been linked to cases of money laundering, you can’t really know how trustable those servers are.
I have tried a game of skill: sports betting. I had done it as I closely follow mixed martial arts so I have a bit of an experience there. It was a roller-coaster of a journey but it was fun. When I began betting, I was winning and it seemed easy until I started losing, it’s a funny story. As of now I am still at a profit. I would really recommend it to anyone who closely follows their preferred sport, it is an easy way to make money out of your experience with only watching it on TV.