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Tag: Sports Betting

Eventus International Now Accepting Speakers For All American Sports Betting Summit 2021 Sports Betting

14 Jul, 2021 Eventus International: Now Accepting Speakers For All American Sports Betting Summit 2021

Eventus International opened the call for presentations today for the second annual All American Sports Betting Summit (AASBS), which will be held from 16 – 17 September 2021 in New York. Proposals must be received by 2 August 2021 in order to be considered. For more event details...

6 Best Sports Betting Wins Ever Sports Betting

11 Jun, 2021 6 Best Sports Betting Wins Ever

From the time when sports betting was reserved for those of upper social class to the never-ending list of top online sportsbooks found nowadays, sports betting has come a long way. You would be surprised to learn the first online betting platform only originated in the late 90s—and loo...

Online Gambling In India - What does the future hold? Sports Betting

30 May, 2021 Online Gambling In India – What does the future hold?

Even though the online gambling industry is in the nascent stage in India, it has shown steady growth in the country. According to a report by Business World, the youth accounts for about 75% of the Indian population, thus making it a potential market for the online gambling world. Acco...

Fantasy Sport Vs Sports Betting: Difference, Legality, And Market In India Sports Betting

18 Apr, 2021 Fantasy Sports Vs Sports Betting: Difference, Legality, And Market In India

The real money gaming industry is thriving in India and among the many verticals that exist within this space. There are two areas that many are likely to get confused with—sports betting and fantasy sports. While both are popular, there are some key differences that one needs to be awa...

BCCI’s New Anti-Corruption Chief Opposes Legalized Sports Betting Sports Betting

07 Apr, 2021 BCCI’s New Anti-Corruption Chief Opposes Legalized Sports Betting

The newly appointed anti-corruption head of the Board of Control for Cricket in India (BCCI) has made it clear that he is opposed to legalized betting. He claims that it would encourage match-fixing. Former director general of police in Gujarat, Shabir Hussein took over from Ajit Singh ...

Sports betting in India - legality and limitations Sports Betting

02 Oct, 2020 Sports betting in India – legality and limitations

Sports betting, or the act of gambling money on a sports game is extremely popular in countries all over the world. One of the biggest forms of betting taking place today is on online applications. The Indian Premier League (IPL) has given rise to a new form of betting for cricket fans....

Most people have probably placed a sports bet with their friends and family and didn’t even realize it. Have you ever bet someone INR 100 or your lunch on who would win a cricket or football game? If you did, you’ve made a sports bet. Sports Betting has been going on for centuries. For as long as there have been people playing sports, there have also been people betting on them. The reasons why people bet on sports often vary from person to person. Some people bet for entertainment purposes while others wager on the profit potential.  Let's have a look at some common reasons why people bet on sports: Entertainment One of the main reasons why people bet on sports is the entertainment value. Quite simply because it's fun. As much as live sports are full of excitement and fun, a small wager can amp it up even more. For some bettors it's more of a hobby than just winning money. They are happy just as long as they’re having fun. They view sports betting as a form of entertainment like any other, and their losses are simply the cost of that entertainment. Profit Potential Well, the best part about sports betting is the potential to make some money. If you’re correct on your bets, you’ll win money. Naturally, that applies in reverse, too. However, the chance to earn a profit keeps folks engaged and leaves them coming back for more. You have the ability to win, regardless of the size of your wallet. You are free to bet as often or  as little as you would like.  Skill in the Game All forms of bets come with risks but also offer a chance of winning money. A lot of people have trained themselves to become professional sports bettors. People have learned to go through stats and strategy, to gain a statistical edge in your match. Sports betting is a mental challenge that can prove to be quite stimulating. It’s possible to win money without relying solely on luck. Your fate is in your own hands, and with the right approach, it’s possible to win money on a regular and consistent basis. Satisfaction The simple joy of being right, is quite satisfying. Just like those who bet for fun, there are those who solely take up challenges to be right. They obviously appreciate the money they win from their successful wagers, but they appreciate the sense of satisfaction even more. There’s nothing more satisfying than predicting an upset. There are many reasons why people choose to bet on sports, but these are the most relatable reasons that attract bettors. These reasons can also be applied to poker, casino games, rummy and much more. It’s a fun pastime for some and can be quite rewarding for professionals. Sports betting in India is mainly illegal except for betting on horse races. India’s Supreme Court has ruled horse racing a game of skill and therefore legal. However, all other sports betting is based on the laws of the individual states or the general laws of India. For more updates on Sports betting, keep reading GutshotMagazine.com Sports Betting

04 Sep, 2020 Why Do People Bet on Sports?

Most people have probably placed a sports bet with their friends and family and didn’t even realize it. Have you ever placed a bet with someone INR 100 or your lunch on who would win a cricket or football game? If you did, you’ve made a sports bet. Sports Betting has been going on for [...

Sports betting Sports Betting

08 May, 2019 2 betting kingpins arrested in Jaipur

As per a recent news report in the Times of India, a couple of betting kingpins linked to the underworld were recently arrested in Jaipur on Sunday. The Indian Premier League (IPL) always sees the highest number of sports bets recorded through the year and an initial investigation indic...

RedKings shuts down after almost 13 years Sports Betting

09 Apr, 2019 RedKings shuts down after almost 13 years

Last week, RedKings, a platform for online poker and sports betting, announced that it will shut down in a statement posted on their website. The company explained that after 13 years of ‘shuffling cards at the tables’ they have closed two of their products: poker and betting. The state...

Puerto Rico governor introduces sports betting bill Sports Betting

05 Apr, 2019 Puerto Rico governor introduces sports betting bill

The South American country of Puerto Rico recently saw a sports betting bill being introduced in its parliament. The bill was tabled by the country’s Governor Ricardo Rossello. The bill, if passed, will become law and lead to the legalization of betting on sports and online video games ...

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