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Cricket Betting Market In India

Cricket Betting Market In India – Gambling sites that have been blacklisted and declared illegal in several countries, including the United States, the United Kingdom and Russia, have entered India.

It operated under the banner of a “professional sports blog” to evade the law, and it launched a flash market that Indian regulators say could be a “potential violation” of the country’s laws.

Cricket Betting Market In India

Cricket Betting Market In India

During the highlights of the Asia Cup, which ended on Sunday, an image of Yuvraj Singh dressed in white, showing off his fists, smiling broadly and holding a stick, will appear on the screen.

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The former Indian cricketer promotes on paper the ‘professional sports blog’, 1xBet. However, in fact 1xBet is a controversial gambling site abroad.

The online bookmaker, banned in many countries including Russia, where it was founded in 2019, was blacklisted by the UK Gambling Commission after an investigation by The Sunday Times. Indicates that the 1xBet brand is used to promote sports betting for children, cockfighting. And the pornhub casino, where women wear bras. The blacklist also led to the termination of their sponsorship contracts by the top competing clubs in the English Premier League.

Also in June of this year, the Norwegian football magazine Josimar reported that 1xBet, one of the biggest sponsors in football, “was declared bankrupt in the Caribbean island of Curacao, where the company is licensed. Let it offer bets worldwide.”

Now the same platform is trying to gain a foothold in India. It operated under the banner of a “professional sports blog” to evade the law, and it launched a flash market that Indian regulators say could be a “potential violation” of the country’s laws.

Betting Website, Blacklisted And Declared Illegal In Several Countries Including Us, Uk And Russia, Makes Backdoor Entry Into India

And it’s not just 1xBet. Another betting site, FairPlay, also had excessive advertising during the Asian Cup and the US Open in an attempt to attract new customers.

With gambling and betting illegal in India, these forums have created sports news sites that provide match predictions and tips to help them advertise instead. Yuvraj is the ambassador of the sports blog 1xBet, while actress Ranbir Kapoor and boxer Mary Kom, among others, support the news portal FairPlay.

Draft government guidelines for misleading advertising under the Consumer Protection Act prohibit companies from advertising instead. “Do not avoid advertising goods or services for which advertising is prohibited or restricted by law on the assumption that such advertisements are for other goods or services. “It is not prohibited or restricted by law.” August 2020.

Cricket Betting Market In India

In June of this year, the Ministry of Information and Broadcasting issued a directive on electronic printing and digital media to avoid advertising on online gambling platforms.

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“The advertisement of online gambling is illusory and appears to not strictly comply with the Consumer Protection Act 2019, the Advertising Code under the Cable and Television Regulations Act 1995 and its standards. of advertising as per the standards of journalistic ethics laid down by the Press Council of India under the Council Act the press since 1978,” the ministry said in a statement.

Manisha Kapoor, CEO and Secretary General of the Advertising Standards Council of India (ASCI), told The Indian Express that it was a matter for “the judiciary and the state to look into”.

“The mentioned advertisements violate Indian government law and not the ASCI code. It is a matter for the judiciary and the state to check. “By the way, we support the government at all times to protect the consumer and beyond. The eyes of the ASCI.” Check for such advertisements when prompted.”

But the problem is not tested. In recent years, especially during and after the pandemic, betting companies – directly or indirectly – have been openly promoting more leading streaming services including Hotstar and SonyLIV in live sporting events, especially cricket matches.

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When contacted, Hotstar, SonyLIV, the Cricket Board of India, Yuvraj Singh and 1xBet did not respond. Firefly could not be reached for comment.

To place bets on offshore sites, users must first create an account by sharing their personal details. In the case of 1xBet, an SMS message for the one-time password required for registration is sent in Russian. Once logged in, users can bet on local and international competitions in sports ranging from cricket, kabaddi, volleyball, football, table tennis, basketball and tennis.

This site offers many payment options for users based abroad, including electronic wallets, cryptocurrencies, bank transfers and bank cards. Out of curiosity, while making a UPI transfer instead of paying directly to 1xBet, the registered ID belongs to a private person and is constantly changing. The user receives A unique reference code to verify the transaction and the money is deposited into the betting account through a third party within an hour and not immediately.

Cricket Betting Market In India

Additionally, these sites – registered in tax havens such as CuraƧao and Cyprus – are responsible for verifying the legitimacy of online gambling on users. “When opening an account and/or using our website, you must ensure that your activity is legal in the territory where you live. You also guarantee and agree that you have received legal advice before registering on our website.” original. “

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All of these countries have banned 1xBet, which was established in Russia in 2007, for violating their betting and betting laws. According to the Spanish daily AS, companies were also fined in countries such as Kenya, Poland, Israel and the Netherlands.

However, the company continues to sponsor two major football clubs, Barcelona and Paris Saint-Germain. However, it could not be accessed legally in either Spain or France.

In India, 1xBet and FairPlay are the latest betting companies to flood the illegal market. In addition to advertisements and TV broadcasts, a number of foreign sites, such as Dafabet and Parimatch, have signed sponsorship agreements through alternative means of teams playing in local leagues in sports such as cricket, football and kabaddi. Cricket betting booming in India Two punters were arrested in Bengaluru last week, and police say operators often drive gamblers to despair.

When India played South Africa in a T20 tournament in Bengaluru last weekend, bookings were packed and business was brisk.

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However, one of them was under police scanner. At the end of the day, the crime scene branch seized Rs 41.5 crore in stock and took it to other bookings in Bengaluru, Chennai and Mumbai.

Joint Commissioner of Police (Crime) Sandeep Patil says he is keeping a close eye on the Bengaluru gambling mafia. Cricket betting is illegal in India.

“We confiscated Rs 1.5 crore from the betting company during the match, and when questioned he took us to another school, where we confiscated Rs 40 lakh,” Patil said.

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Ali, the owner of the Karnataka Premier League side Belagavi Panthers, was also arrested for gambling. In recent weeks, the police raided 18 gambling venues across Bengaluru and made arrests. “In one month we ordered five cases of cricket betting and confiscated 70 million riyals,” he said. We want to prevent this accident because many people lost their hard earned money and “encouraged suicide”. Many rackets now operate online, with bookers sitting at their laptops and computers and doing business.

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They accept bets on all aspects of a game, from how many tennis players will score to which team will win. Even observations as minute as whether a bat will hit a particular ball are used in the game.

“Betters use apps like Bet365, Bellplay and Buzzy to expand their betting circle. “They use fake names and layers of communication to hide their identity.”

Imposters study social media profiles before interacting with their wildlife. They then communicate via email and VoIP calls.

“They hide their identity and location. For example, if they are on the run from MG, they tell you they are calling you from the UK. If a face-to-face meeting is necessary, the gang members will meet you,” the official said.

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Most of the gamblers are 25 to 40 years old and fluent in Hindi and English, police say.

September 23 – CCB finds scandal in KPL and arrests Belgavi Panthers owner Ali. He is accused of betting with a bookmaker in Dubai. He was in contact with players from other teams and the police are trying to find out if he fixed games.

March 29 – Booking agent Lota Gholhali was arrested and 2.5 million and 18 mobile phones were confiscated from him.

Cricket Betting Market In India

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