How is betting different from match-fixing?
Betting and match-fixing are two different attributes related to sports. On one hand, betting might be considered a vice in our society but it can still be pursued within legal frameworks in some countries. However, match-fixing puts the integrity of the game into question. Players and bookies are mainly associated with match-fixing as they look to alter the course of the game. Here's more.
Match-fixing is illegal across the globe
Match-fixing is crime. Bookies lure players to tamper with the match and there is a lot of 'illegal' money involved. It isn't pardonable and is dealt with sanctions including bans and jail-terms. In recent past, Pakistan cricketer Amir was handed a five-year ban for spot-fixing.
Which countries allow betting?
Reports state that over 80% Australians indulge in gambling and betting is a vital aspect of their lives. Even taxes aren't levied on their winnings. UK has legalized betting, with the Gambling Act of 2005 regulating the same. There are other rules, which are followed by governing bodies like the ECB. Further, South Africa also allows betting.
Several avenues to bet legally
Betting makes up to 30-40% of global gambling market. There are several sports betting services across the world like William Hill, Ladbrokes, bet365, bwin, Paddy Power and betfair to name a few. There are betting shops as well. Billions of dollars are gambled each year.
What does Indian rule say about betting?
The SC-appointed Lodha Committee called for betting to be legalized in India so that it comes under a legal framework. Justice Lodha had stated that there should be regulatory watchdogs and licenses should be introduced. However, till now, India follows the Public Gambling Act of 1867, where it has banned betting. In India, illegal betting is common and it often leads to grave consequences.
