A few decades ago, betting was viewed in India as taboo. But over the last decade or so, the betting and casino culture has started growing in the country as technology has helped deal with the taboo associated with the game. It is now viewed by most in India as just a game, which makes a huge shift in the way it was perceived just a few years ago. The change has been so drastic that many who decided not to invest in the sector just a few years ago have made a complete u-turn, with many now becoming the largest betting magnets in the country.
India has emerged as a major revenue generator for the sector as a market. Many states like Maharashtra, Karnataka, Delhi, Punjab and Uttar Pradesh have become hubs of the betting business not just in the country but for the entire South Asian region. A large ecosystem of online betting and casino platforms has been developed. With huge investment in technology and human resources, the infrastructure that was needed to statin the growth in the online betting sector and provides users with a quality experience.
Now, new investment ensures that the sector sees an almost vertical growth in profits. And with huge growth in the sector have come new platforms, like https://bettilt.co.in, which have redefined the user experience in online betting and casino.
Betting has always been a sought after game in India. From the Mahabharata and the Rayamana, the two great epics that India has given to this world, it was the chosen game for time pass. But with the moral judgments of the 19th century, mainly imported from the West, society started to view it as a taboo. But the modern form of betting, or online betting, has managed to do away with that stigma attached to the game. With technology and artificial intelligence, platforms have managed to reduce the risk of adding to such levels that it can completely be ignored. Because almost all financial transactions take place online, everything is recorded, and there is very little scope for any form of chatting or scam.
With these positive changes that online betting has brought to the game, most people, who saw betting and casinos as something objectionable, have started viewing it favorably. More and more people are trying online betting in India today. According to a recent study by the Observers Research Foundation in New Delhi, around 80 million Indians have participated in some form of online betting in their lives, and this number is going up by around a million every month, with at least one-third of those continuing to return to enjoy the game. As a result, the betting industry in India has seen tremendous growth over the last three years.
A few decades back, betting was seen as major law and order issue as disputes due to claims and counterclaims led to gangs fighting it out on the streets. With all betting action confined to the screen of smartphones or laptops, there is very little chance of things getting out of hand. With proper regulations in place, the situation is only likely to improve going forward.
Betting is today seen as a game of skill, not a game of chance, as it was viewed as in the past. Things have changed drastically, so much so that many authors have come out with books on how to master the game of betting and increase the chances of winning. The most popular betting players in India have revealed that they use a combination of strategies and mathematics to improve their performance. There are tons of videos on YouTube explaining the various techniques that Indian players have evolved in recent times to increase the probability of ending up as the winner or making a desirable profit. All of this suggests that the way Indians view betting is undergoing a massive transformation.
This transformation has been led by technology and would not have been possible with the infusion of billions of dollars invested in developing the tech component of online betting. Some of the largest players in the market have built a massive information technology architecture to support their growing base of loyal customers from the small towns and cities of India. Seven out of ten Indians today have smartphones, which has made the proliferation of online betting in the country possible. The industry is now looking at ways to use this huge dependence on smartphones for revenue generation as well. While some have come up with advertisement models, others have brought out premium versions that are free of ads. Yet another section has come up with a subscription-based model. While it is too early to find out which of these will succeed and survive in the long run, the future of betting in India has never looked brighter than it looks at this time.