Online Casino Safety and You

India casinos online India casinos online

Wagering and gambling is a very old form of human activity. The difference is the form in which it exists today. Before now, people always took chances and gambled on different outcomes in India. Horse racing, cards, dice, chess, ram, and cockfights are just part of the many gambling activities that occur in this country. but despite its rich gambling traditions and history, many forms of gambling remain largely illegal in India. The outright ban of this industry has a lot of negative effects. We explore online gambling in India and just like online casino Canada, where there is a will, there is a way.

About Gambling in India

Gambling laws in India are actually left to each state to decide. Of all the Indian states, only three of them permit major forms of gambling. There are penalties for engaging in gambling for both Indian citizens and visitors, but they are never enforced. It is no surprise then to see many international online casinos online where the legality is a lot fuzzier.

Horse racing is the biggest legal gambling market in India. Its legal status has caused it to grow with each passing year. The Indian gambling industry is currently estimated at $60 billion. However, 60% percent of this money is lost to illegal and unregulated gambling. Also, the COVID-19 pandemic has seen a rise in the number of people gambling online.

The state of online casinos in India is one that demands immediate attention. Although gambling is essentially banned in most of the country, this has not stopped or deterred people from taking their gambling activities online at internationally owned online casinos.

Importance of Gambling Regulation

Unlike what people think, regulation and licensing of gambling in India will actually promote responsible gambling. If there is a good reason to legalize and regulate gambling, it is due to the fact that Indians are already gambling. Furthermore, the unregulated gambling industry puts Indian players at risk. They can easily become victims of fraudulent online casinos that want to rip them of their hard-earned money.

Regulating and legalizing will also bring credibility to the Indian gambling industry. The unregulated nature of the industry means that many minors and underage individuals are currently engaging in one or two forms of gambling. To curb this problem, Indian gambling authorities can place the restriction of gambling to people above 21 years of age as one of the criteria for obtaining a license of operations. Failure to adopt this rule will lead to a refusal or withdrawal of a casino's license.

The Indian gambling industry has the potentials of competing with any other gambling industry in the world. The population of the middle-class in India is growing. More people are now climbing up the ladder of the hierarchy of needs. This means that more people are delving into gambling. Regulating and legalizing the most popular forms of gambling will see the government recoup the money lost in revenue. The amount gotten from appropriately taxing the gambling industry will help the government execute so many projects that will benefit society.

On the other hand, the gambling industry may just be the missing element of the formula that can completely restore the middle-class in India. One of the reasons for the high rate of poverty in India was the lack of jobs. Opening a new industry (in the form of the gambling industry) will create more job opportunities. The new industry will need workers to serve the various online casinos.

How to Detect a Legitimate Online Casino

With the current state of the Indian gambling industry, the safety of the Indian players falls solely on their shoulders. It is not so hard to detect a land-based casino as they are legal and regulated in certain states. You should watch out for the licenses of any land-based casinos before playing there. You should also use your intuition to know that a land-based Casino situated in a city or state that bans gambling is an illegal casino. As for gambling online, the case is quite different.

Although these tips will help you identify a good land-based casino, they can help you detect an online casino as well. As earlier stated, a license is your best bet for a credible and safe online casino. Gambling at a casino that is not licensed is not advisable. Another feature to watch out for is the house rules. You should be wary of house rules that seem like they were intended to ensure gamblers do not win. Good house rules should stop players from cheating and not stop them from winning.

Besides the house rules, you should consider the games a casino makes available for playing. This involves the quality and quantity of the games. A good casino should have a wide variety of games and provide players with numerous options to play. There should be blackjacks, poker, slots, baccarat, etc. The games should also be fair enough to give players a chance at winning. They should have a good return to player value.

When choosing a credible online casino, you should consider their payment gateways. There should be multiple options. This is very important in a place like India where gambling is illegal in most states. The authorities may clamp down on local payment options like bank transfer, credit and debit cards. Thus, the casino should provide digital payment options like Skrill, Neteller, PayPal, Paytm and so on.

Bonuses are not really an essential criterion for judging an online casino. Most people tend to judge the size of the bonus instead of the nature of the bonus. You should know that most bonuses are not actually bonuses. Casinos may claim to give you, “ bonuses of up to 10,000 Indian rupees.” However, what they are actually doing is doubling your first deposit of up to 5000 Indian rupees.

The best way to confirm if an online casino meets these criteria is by consulting other players who have played at such an online casino. An online casino comparison site is also good sources of genuine information about casinos.

The Future of Gambling in India

Two Indian senators recently put two bills forward for the legalization and regulation of online casinos. Not much has been said of the bill since it was put forward in February. However, there is hope for the regulation of the Indian gambling industry. More states are legalizing games of chance and banning gambling like cock or ram fighting because they encourage animal cruelty. The state of Sikkim is also pushing for gambling online to be legalized in India as a whole.

Learn more about gambling online from our remaining guides: