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Re: Can You Bet Legally On Sports ?

Postby suny » 03 Apr 2019, 11:44

anil02 wrote:
suny wrote:I have just discovered that we can bet on sports in the name of skill testing. You can put your money on several games being played in different parts of the world at the same time. One such site is my myteam11.

Betting of all type is risky. It is also addiction. Person who is winning wants to won more and more and person who are loosing wants to recover loss.


I know, but if you go by your own statement then trading in any commodity is as risky. I think government should allow sports betting like other countries which will bring a lot of revenue. I am in favor of this.
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Re: Can You Bet Legally On Sports ?

Postby SUPERSINGH » 03 Apr 2019, 11:46

I think dream11 is also like a betting website although the elements of betting are less.
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Re: Can You Bet Legally On Sports ?

Postby suny » 03 Apr 2019, 15:51

SUPERSINGH wrote:I think dream11 is also like a betting website although the elements of betting are less.


There are many other similar sites, check myplaying11, Fanfight etc. They are even sending you promo codes to join with a bonus to participate.
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Re: Can You Bet Legally On Sports ?

Postby Vehlijanta » 03 Apr 2019, 16:41

With IPL many new apps have started promoting but we should stick with the reliable and paying ones.
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Re: Can You Bet Legally On Sports ?

Postby Happyland » 04 Apr 2019, 03:22

Betting on sports is allowed but it is only allowed in certain locations. I would not advise betting because it is gambling. When you gamble you will lose your funds; or worse, you will develop a bad habit.
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Re: Can You Bet Legally On Sports ?

Postby riddy09 » 04 Apr 2019, 04:58

Happyland wrote:Betting on sports is allowed but it is only allowed in certain locations. I would not advise betting because it is gambling. When you gamble you will lose your funds; or worse, you will develop a bad habit.


We already have cryptocurrencies accepted in sports betting or gambling. It is known for anonymity and thus, it will not be tracked like for tax or other else.
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Re: Can You Bet Legally On Sports ?

Postby SUPERSINGH » 04 Apr 2019, 13:58

suny wrote:
SUPERSINGH wrote:I think dream11 is also like a betting website although the elements of betting are less.


There are many other similar sites, check myplaying11, Fanfight etc. They are even sending you promo codes to join with a bonus to participate.


Are you trying any of these? A few colleagues of mine are trying dream11 so I am also thinking to join from one of those referrals.
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Re: Can You Bet Legally On Sports ?

Postby Vehlijanta » 04 Apr 2019, 17:00

Need to see if these apps are paying throughout the year or just work during the IPL season.
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Re: Can You Bet Legally On Sports ?

Postby A K Rao » 17 Apr 2019, 18:08

Vehlijanta wrote:Need to see if these apps are paying throughout the year or just work during the IPL season.


The point here that how are you going to get the money into your bank account from these apps? This is illegal in India and you can be punishable indulging in such activities of betting, which are not approved by the Government!
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