The online sports betting industry is one of the fastest-growing sectors worldwide. It has become increasingly popular over the years, and it has been predicted to reach a market value of $93 billion by 2024, as shown by some studies. In India, sports have been part of the culture for a long time, and in recent years we have seen the online betting market grow tremendously.
All indicators point towards online wagering as being a popular activity in India. One of the factors fueling this widespread growth is the increase in mobile devices and internet access across the country. A noteworthy fact is that India’s betting laws have remained ambiguous and complicated over the years. According to The Public Gambling Act of 1867, every form of gambling( betting refers here) operated from within the country is traditionally labeled as illegal. Adding to the confusion surrounding the legality of this subject in India is that this law seems to distinguish between games of skill and games of luck. However, there is no specific legislation against offshore online betting sites; therefore, these sites are thriving and cannot be labeled as illegal by the government. Indians make use of these offshore platforms in wagering on their favorite sports. You can visit this website to know more about the major sporting activities in India.
Over the years, sports wagering has typically been considered a predominately male activity. This may be tied to the fact that men are likely to be more competitive and are more likely to engage in risky ventures. Certain socio-cultural factors may also be responsible for this disparity. Although most internet bettors seem to be males, quite a number of research results have shown an increase in the number of female players recently. This shift may be due to the development of new trends in online wagering, which have led to more accessibility and increased opportunities for women.
Since males and females tend to have varying individual preferences for different gambling activities, international online betting sites have made available a wide range of wagering options that suit everyone’s tastes.
The advent of online outlets has influenced the widespread wagering activities, reaching more people, including the female population. Statistics have shown that the numbers of female and male bettors are now almost equal, though both parties are likely to gamble for different reasons. Below are some significant factors that draw women’s attention to online betting in India.
1. Easy to get started
The advent of online betting sites aided by the availability of a speedy 4G internet connection in most parts of India has been a strong influence in the recent spike in female participation in online wagering. With the growth of these sites, starting as an online bettor for anyone has become easy as it requires no additional equipment or a big financial commitment to get started. These sites provide extensive information and guidelines for bettors who are new to the game – allowing them to learn simple strategies and practice with free games.
Also, the availability of tech devices such as phones, laptops, and smart tabs have greatly multiplied in recent years – making it possible for women to wager on games anywhere conveniently.
2. Safety and anonymity
Although women are less likely to participate in online betting than men, many females are taking up an interest in the activity due to the greater degree of anonymity that it offers. Rather than making use of a conventional land-based or walk-in casino, women who do not want public attention now have maximum privacy placing wagers on sports with just a few clicks on their phones without the fear of stigma.
The comfortability of using online wagering services without intimidation or revealing identities has led to the steady increase of women’s participation in online wagering in India.
Most women turn to online betting to combat boredom and loneliness. In fact, some studies have shown that one main reason most women get involved in sports wagering is the entertainment it offers. Online betting is an affordable hobby that can be played and enjoyed every day. It provides various options of games or events that you can bet on, making it a favorite activity amongst women.
As long as you stake only the amount of money you are comfortable losing, online sports wagering can be a great hobby and source of entertainment. Winning your stakes also gives maximum satisfaction and a feeling of fulfillment.
4. Opportunity to make money
Online betting is a great way to make money. Due to the COVID-19 pandemic and the incessant lockdowns and workplace closure, many women lately are exploring the chances of making extra cash from the comfort of their homes via placing wagers on sport online. Although this is an easy way to make money, learning the basics and developing a fundamental strategy or style is essential to avoid losing more than you win. It is also advisable to play a few demo games before venturing into playing for real money. Here are a few wagering tips that increase will help increase your chances of winning:
- Learn the basics of a game before playing.
- Only use the money you can afford to lose.
- Be wise in your choice of a betting site
- Start slow and see how you do with smaller wagers
- Always wager responsibly
5. Variety of available options to choose from
Male and females have their various individual preferences as regards online wagering. For instance, women may focus more on women’s tournaments and vice versa. However, online sites have created an avenue where individual needs and preferences can be satisfied – regardless of gender. These sites provide various wagering options from which women can find a favorite.
Therefore, it is now easier for women to easily access and place wagers on their preferred games or events.
The advent of online wagering has dramatically influenced a significant part of the Indian population, and women are not left behind. The industry, which was previously known to be dominated by men, is fast evolving – providing significant opportunities for women to be entertained and earn extra income for their passion.