Wager Mage
Photo: Anna Shvets
Most of the India is subject to the Public Gambling Act of 1867 and the Technology Act of 2000. Under those laws, sports betting is not permitted but individual states have right to make their own laws. According to Public Gambling Act (1867),all kinds of gambling in India are illegal.
Casual players wager a lot less than professional players. So, depending on the size of your clientele, your bookie startup funds may range from...
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If state-run lotteries are included, then 48 states allow some form of gambling (the exceptions are Hawaii, where gambling was outlawed prior to...
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Many crypto analysts expect the price of Bitcoin to rise even up to $1 million over the long term. If you hold your Bitcoin until the price hits...
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A parlay is a wager type in which two or more bets are linked together to create one bet with a greater payout. But all the selections must win for...
Read More »The old age debate about what form of gambling is legal or what not continues. According to a report published by the International Centre for sports Security (ICSS), the betting market in India might be worth over US$130 billion. There is different gambling laws for different states because the seventh Schedule of the Constitution of India explicitly gives states the right to legislate and make policies related to Gambling and Betting. Every state government is free to enact as well legislate gambling laws as per their direction. According to a report by the All India Gaming Federation,the Indian exchequer loses almost INR 2 lakh crore each year due to illegal betting on cricket. After the 2013 match fixing scandal in IPL, the Lodha Commission was appointed by the Supreme Court to look into the matter of legalization of cricket betting (Gam)[i].
For the team getting -2.5 to successfully win the bet against the spread, they will need to win by three or more points. The team with +2.5 odds...
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Game theory optimal, or GTO poker strategy, is a strategy that seeks complete balance in the game, making your plays 100% unexploitable by your...
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You will want to surrender any hands where you don't have at least a 50 percent chance of winning against the dealer's up card. But this will be...
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In basketball, you might see a point spread of -4.5/+4.5, which means the favored team will need to win the game by five points or more for your...
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