Gambling and Indians have gone hand in hand as far back as 7300 BC. Documented board gambling, referred to as Aksa, and other forms of gambling, referred to as Devana, were initially used as a means of entertainment and a way to kill time. Going by that information, gambling in India has come a long way.
From gambling with dice made from Vibhitaka trees to mobile gambling on smartphones, we will cover the journey of gambling in India.
If this evolution entices you to try online gambling games in India, get quick lessons on how to better manage your winnings. So, let’s get you there!
Modern Legalization on a Large Scale
In the 15th century, gambling dens sprouted up and were made legal across the subcontinent. The Indian gambling business finally had a solid framework that was prepared by a council of Ministers who worked for Indian allied kingdoms. Casino-style games that Indians are familiar with today were established during this period when the Kings taxed gambling houses.
The Rise of Sports Betting
The next major step was the emergence of legalized sports wagering. From Jali Kattu to Cricket, thousands of rupees would be staked on the outcome of these games for the next three centuries.
Cricket laid the groundwork for this local activity to turn into a large-scale phenomenon. It was not uncommon for Indians to wager thousands of rupees on the outcome of a cricket match. They were free to do whatever they wanted, with no limitations but lots of options.
Losing Control to Outsiders
Most of that changed in 1867, when the British took over India, bringing the party to an abrupt end. As a result of the restrictions in place, gambling quickly grew more user-centric, and it became commonplace in alleys, residential areas, and village meetings, although the restrictions were only in place on paper and could not stop individuals from engaging in the activity.
Only a few of the gambling establishments were allowed to remain open after nearly all others were shut down. Rummy, horse racing, and lotteries, three of the most popular forms of wagering, were all outlawed.
But history has shown that making something illegal only drives it underground, more so if it has been in the culture for centuries. Individuals discovered methods to gamble and play games in private and secrecy soon enough.
Fast Forwarding to the Age of the Internet
Betting and real money online games, including those offered by the popular platform 1xBet, are becoming increasingly popular in India. Indians enjoy internet gambling because it’s both fun and engaging. Such games not only help people improve their abilities but also allow them to make money.
Indians are, therefore, increasingly devoting time to playing online betting games. We can only expect the industry to continue to expand at a steady rate. The estimated value of India’s online gambling market is $30 billion. At this rate, growth is inevitable.
Is It Legal Again?
While casino gambling and sports betting are officially outlawed in most parts of India, online gambling is not. Indian authorities have said unequivocally that online gambling and betting are illegal. Despite this, Indians above the age of 18 are still able to place bets on offshore gambling websites.
In other words, if you’re placing your bets on an offshore site, you’re good to go. Offshore sites are the principal source of online betting in India because there is no law to prosecute those who use them. Deposits and withdrawals can be made in Indian rupees, of course. You can also pay with Bitcoin or PayPal at the best online betting sites.
What Does the Future Hold?
The online betting sector in India, as previously stated, is a young market that is constantly ready to accommodate new technical advances and advancements. When it comes to video games, software, and graphics, the online betting market in India is constantly evolving, which means that new and improved features are always on the way.
Cryptocurrency, too, has made online gambling more accessible, popular, and varied for Indian players. Only time will tell what will come next for online betting, but based on the projection of players and technological advancements, it seems to have a bright future.