Should gambling be legalised in India?

Discussion in 'Politics & Society' started by ejazr, Jun 10, 2012.

  1. ejazr

    ejazr Stars and Ambassadors Stars and Ambassadors

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    A case for legal gambling - Views - livemint.com

    Misconceptions about the practice are common. With gambling already so widespread, it is better to bring it out of the closet

    How can I refuse the summons of my uncle? I am sure that no good will come of this game of dice, but I have no choice. I stake the incomparable daughter of Drupada. In the seven worlds, she has no equal in beauty or virtue. The princess of Panchala will be my stake in this round”, said Yudhishthira famously in the Mahabharata (Passage 2.57-2.64).

    Wagering is as old as civilization. Pagan rituals involved casting small objects to tell the future. Odd and even outcomes foretold sorrow or joy. This “passive” participation turned into active “stakes” with sacrifices. In Greek mythology, Zeus, Poseidon and Hades cast lots to claim parts of the universe. The Chinese civilizations have many stories about gambling related to cricket (the insect) and cock fights.

    Societies have had a rocky relationship with gambling over the centuries —on occasion accepting it as part of human tendency and prohibiting it at other times. Today, some countries permit a regulated form of betting while many prohibit it. In the US, gambling is legal under Federal law and states are free to allow it. Nevada and New Jersey (Atlantic City only) permit legal gambling with specific rules. Macau and Singapore are gambling-friendly islands.

    With so much sport and hype in India over the last few months, consider a very specific question—is it time to legalize sports betting in India?

    Gambling is illegal in India. It is covered under the Public Gaming Act (incorporated in 1867, a date symptomatic of the agelessness of gambling). However, two major developments since then require the law to be completely overhauled. One is the advent of online betting and the other is the evolution of a mega satta (over-the-counter betting) market particularly for the Indian Premier League (IPL). While no credible estimates are available, one figure puts the satta market for the 2010 IPL at around Rs200 billion. Sikkim and Goa have enacted state laws that permit some form of gambling. Sikkim is the only state that plans to offer online gaming licences. It last year issued eight provisional licences. Though the names have not been made public, the winners are presumably all Indian, since foreign direct investment is not permitted in the gaming sector in India. It is not clear whether any of the licensees plans to offer sports betting.

    The fundamental policy question is whether the benefits of legalized sports gambling outweigh the cost to society. Gambling may be considered a recreational outlet, similar to other entertainment and leisure products and services. “Purchase” of gambling is in many ways the same as that of a movie ticket. In this sense, gambling offers legitimate entertainment particularly for the risk seekers in society. On the other hand, gambling addiction can affect a segment of society. Despite the widespread footprint of illegal gambling in India, research on this subject is non-existent. In the US, the UK and Canada studies show that 0.5% or so of the adult population is either “pathological” or “problem” gamblers. A 1995 Australian study estimated the social costs of gambling to be considerably less than the social benefits. One common misconception is that crime increases where (legal) gambling facilities are located. Empirical evidence from these countries suggests the opposite.

    So what are the implications for India? History here has been tolerant, indeed accepting, of gambling. Yet the paternalistic nation-state since our independence has continually attempted to outlaw the most historically commonplace of things—prostitution, drinking and gambling—with a rather poor record.

    I propose that we legalize sports betting in India. With gambling already so widespread, it is better for it to be in the open. I suggest we define this as the “lawful placement of a wager or bet on the outcome of a future uncertain event in sports”. The term “sports” should be defined specifically —to include sports where fairness rules are enforced clearly and with zero tolerance. Sports where fights between animals (cock-fighting), rigged outcomes (wrestling), and significant personal injury (boxing) can occur should be excluded. We have the opportunity to leapfrog many of the mistakes made in other countries that have legalized sports wagering. It should only be allowed online not on store-fronts. There should be transparent regulation and a high standard of capital adequacy for the book makers. A percentage of the revenues should be set aside specifically to assist with problem gamblers. By my estimate, government coffers will be better off to the tune of Rs50-100 billion each year as a result. A part of the revenue should be allocated to enforcing fair competition and ensuring clean sport.

    Will it happen? I am not willing to bet.

    P.S.: “I favor allowing online gambling, given the weak arguments against it, the common human desire to gamble, and also that addictive aspects of gambling are greatly exaggerated”: Nobel laureate Gary Becker.
     
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  3. arkem8

    arkem8 Regular Member

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    In small enclaves, yes...

    Along with booze and marijuana..
     
  4. W.G.Ewald

    W.G.Ewald Defence Professionals/ DFI member of 2 Defence Professionals

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  5. Zoravar

    Zoravar Regular Member

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    Nice thought...But even betting on boxing and wrestling should be allowed.Boxing is an internationally recognised professional sport and as for wrestling,all sports have match fixing to a certain extent.It is already legal to bet on horses btw.
     
  6. pmaitra

    pmaitra Moderator Moderator

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    It already is legal. We have plenty of lottery agencies.

    Just because we don't have casinos in India, does not mean there is no gambling. It exists, and very much legally.
     
  7. ashdoc

    ashdoc Senior Member Senior Member

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    what about ladies bars ?? open them too again :rolleyes:
     
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  8. Zoravar

    Zoravar Regular Member

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    Just remembered there are casinos on ships that are permanently ten kms off the coast of Goa
     
  9. Sabir

    Sabir DFI TEAM Senior Member

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    We have already legalised gambling in form of MCX and different darivatives like futures......
    (I am working more than 6 years in this field and help rich people losing money ...a socialist agenda)
     
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  10. SLASH

    SLASH Senior Member Senior Member

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    Stock and commodity traders are no different than gamblers. I have seen people loose fortunes over a hunch. Gambling will not do anymore damage.
     
  11. Milama

    Milama New Member

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    I think it should. Here you can find a list of casinos that accepts players from India
    sorted by rating. You can also filter it by software, bonuses, banking
    methods, and more. You can change the country, too in the Countries and
    Languages filter http://www.keytocasino.com/en/sitemap.html
     
  12. Blackwater

    Blackwater Veteran Member Veteran Member

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    Yes at least govt will get tax from it . Now they get nothing despite gambling is on on every street of India in one form or other
     
  13. Rowdy

    Rowdy Co ja kurwa czytam! Senior Member

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    No.
    Most Indians are idiots.
    30 characters :doh:
     
  14. MananNarainSharma

    MananNarainSharma Regular Member

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    Who are you take away my right of being stupid and wasting my money if I wish to do so?

    Prohibition has never worked and will never work. By making gambling illegal you just create more criminals does not stop normal every day folk from gambling on tickets, Matkis,cricket, monsoon, elections etc etc.

    You also end up creating a black economy and give away the entire gambling industry to mafias and underworld who then go on to engage in arms dealing, terrorism etc etc.

    It is better in my opinion to legalize this shit, tax the hell out of it and put the money back in sports infrastructure or whatever better purpose you can think of.

    The assumption that just because you legalize gambling suddenly more people will get addicted to it and sell their homes is completely false.

    The same applies to pot as well. It should be legalized and every penny pumped back into the healthcare system.
     
  15. Rowdy

    Rowdy Co ja kurwa czytam! Senior Member

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    Go then ... lol Gamble away tax free .... :rofl: :rofl:
     
  16. MananNarainSharma

    MananNarainSharma Regular Member

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    I don't gamble, I am actuary by profession so the odds would never add up for me lol.

    My objection is more philosophical. In a free society the govt should keep banning to a minimum and let humans decide what they want. Rather than spending money enforcing stupid laws which only have adverse impact you rather legalize, regulate and tax this stuff.

    If you want to discourage people from gambling or smoking pot or drinking alcohol public awareness and education drives are far more successful.

    Look at Gujarat and alcohol, you think people in Gujarat don't drink? Or have a hard time procuring alcohol?
     
  17. Rowdy

    Rowdy Co ja kurwa czytam! Senior Member

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    The question is never about enforcing a 100% ban as it say in the law...nothing can be enforced 100% NOTHING.
    It's about keeping the vast majority who are morons off limits ... now you can peddle all the philosophy you want but I am in europe and the vast majority here are morons too... :rofl:
     
  18. MananNarainSharma

    MananNarainSharma Regular Member

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    Haha, I don't deny that. Majority of the people are morons still they have a right to choose to gamble or not. Nothing can be enforced 100% but are you able to make it a deterrent? I don't think so, people still anyway gamble or drink or smoke pot.

    Gambling hasn't caused poverty or hunger in Europe, infact it seems to have done rather well for itself.
     
  19. Rowdy

    Rowdy Co ja kurwa czytam! Senior Member

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    The question is never about rights ... it's about maturity... so we have a good enough deterrent I'd say
     
  20. MananNarainSharma

    MananNarainSharma Regular Member

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    How? I have never gambled with bookies in my life, but gimme an hour and I will get you a couple, if not more phone numbers for bookies. You think anyone in India who wants to bet refrains from gambling on saata bazar? For fuck sake national news channels tell us trends in Satta bazar even when betting is banned in India.

    So it's a stupid law which acts as zero detterence.

    And it is a question of rights for me, maybe you don't care about your civil rights but I do. It is my hard earned money, it is my decision how to spend it, who the fuck is the govt to tell me how to spend my money. It's my wish if I want to burn it in flames, piss is down a drain or gamble it away.
     
  21. tarunraju

    tarunraju Moderator Moderator

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    No, because it both lures and hurts the poor the most. We could create a gambling enclave in one of our UTs, such as A&N islands, so only people who can afford to the fly there, or sail across the dangerous bay to get there, can gamble. Could be good for A&N's economy, too.
     

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