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We can all agree that the world of Indian betting sites has evolved for the better throughout the years! Punters now have a plethora of alternatives from which to select.
If you’ve ever considered visiting betting sites in India, you’ve probably been curious about the legal consequences. Perhaps your friends or relatives have cautioned you about the legal implications of utilizing online betting services.
It would be a lot simpler if you knew about the illegal betting sites in India and why you shouldn’t use them. So, in this article, I’ll discuss one such platform: lotus247. Keep reading to learn more!
Lotus 247 is an online betting site. You may join the site by the ID it provides or using the “JOIN NOW” option on Whatsapp. You may make money by participating in sports, gaming, esports, and casinos. However, it’s worth noting that lotus247 is an illegal service where bettors can wager on more than ten live sports games and 30 live casino games.
The software is built on the idea of a virtual currency system. For all of the games, there is only one wallet (casino & sports). Lotus 247 also offers three different types of betting IDs. This site differs a bit from other sites out there since for placing a wager on Lotus Book 247; you must first register on the site.
If you are a newbie or want to try lotus book 247, you may open an account for a minimum of 5000 Rupees. You will then be given a username and password, as well as 5000 Rupees in your account.
You have to message the providers of lotus 247 at 9027873340 to get an account with a username and password if you want to take an account using Offer ID.
In addition, your Lotusbook247 account will be awarded some extra money. With a minimum wager limit of 1000 Rupees, you will earn a 5-10% bonus under offer ID.
You can’t wager on credit with online betting services like Lotus 247, so you’ll have to make a deposit. If you’ve been betting for a long time and consider yourself an expert in this sector, then I would say a premium ID is a way to go.
But here comes the bad news, you must spend 150000 rupees to establish a premium ID. Your bookie will then issue you with a premium Lotusbook247 ID, as well as a username and password, which you may use to enter onto Lotusbook247.io, and 150000 rupees will be credited to the account you provided.
Since the site is no longer operational, it’s not possible. But the process includes going to Mahadev Book, and sending a WhatsApp message, and requesting for a demo ID.
Tahahuddin, Azam Khan, Khaja Asim Ahmed, and Mohd Shazayb were the masterminds behind these illicit betting websites. They were recently arrested, and after being caught, the proprietors of MahadevBook or King Exchange admitted to engaging in illicit internet betting.
Their bets were available on various online and offline games, including Teen Patti, Cricket, Online Casino Games, Hockey, Football, Tennis, Boxing, and more. Surprisingly, this illicit betting ring included around 500 members who gambled on a variety of sports. Mahadev Book’s owners were running the internet betting ring from their home in Hyderabad.
Mahadev book also operated other unlicensed betting sites including, Gold Exch, Sky Exchange, Ice Exch, Mahadevbet.xyz, 777 Mahadev, Lord Exchange, LimeProBet, King Exchange, Gem Exch, Silver Exch, and Lotus King.
Through their several phony and illicit websites, Mahadevbook’s proprietors were supplying ID and passwords to punters. For each user ID and password, they’ve given the exquisite minimum bet and match minimum bet.
Mahadevbook.com was reaching out to bettors via Facebook, Instagram, and a punter-friendly Telegram channel. It’s the same with their other illicit betting sites. The gang members were giving out User IDs and passwords to everyone who joined using the ID as well as the mobile app.
Multiple bank accounts were used to manage their transactions on these illegal betting websites. Any client who wanted to play would have to pay for the online ID services available 24/7. If the player wins, the winnings will be deposited into his online account. This is how they made money illegally through their illicit online betting businesses.
The Public Gambling Act of 1867 was the first law prohibiting gambling, saying that gambling is illegal in all places. However, gambling regulations have not been revised much since then, and the legislation does not define gaming. It does not cover internet gambling or online casinos in India at all, owing to the time when it was enacted.
Thus, one can conclude that the Act doesn’t prohibit online gambling. In my opinion, this is also the primary loophole for online gaming businesses looking to enter the Indian market.
In simple terms, gambling appears to be classified as unlawful or legal depending on whether the game is of chance or skill. The game is a Game of Chance if the opponent is the House, as it is with slots.
When I tried it, I found the signup and registration procedure to be a little sketchy and unsettling. At first, they ask you to create an account with the bank’s account, Paytm, Google Pay, or PhonePe since these are the website’s withdrawal and deposit options.
Unlike other gambling sites, lotus 247 will ask you to text in the what’s app number mentioned at the bottom of the site.
Then you have to save the number on your phone and text it to the lotus 246 bookies, stating that I require a betting account. After that, you must provide your payment method and select one of three stores (minimum ID, Offer ID, or Premium ID). There is no method for you to deposit funds on your own. You must massage your bookie to deposit cash into your account.
Then, depending on your payment option, your bookie will email you payment information. You must transfer the money you wish to deposit to your bookie’s specified address. Wait an hour after paying money, and your bookie will email you a login ID and password along with cash. Send him your username. As I previously stated, there is no method for you to deposit money on your own because the same idea applies here as well.
In order to withdraw your money, you must contact your bookie again and inform him that you wish to withdraw your winnings. Then provide him the information for your bank or any other payment method you’d like to use to withdraw funds.
After that, the money you requested will be deposited into your account.
I don’t feel comfortable disclosing personal information to an illegal gambling website, and I would advise you to do the same. Several legal sites provide far more privacy and security than the Lotus Book 247.
Here I will talk about several easy measures you should take before playing to ensure an illegal betting website doesn’t spoil your gaming experience.
The first thing you should do is look into the gaming license of the website you’re thinking about using. It must be from a reputable regulator who closely monitors every operator that falls under its jurisdiction.
Even if a gaming site is legitimate and has no intention of stealing your money, it isn’t good enough if it can’t safeguard it from those who do. This is why you should constantly look into the security measures put in place by the sportsbook, casino, or poker room you want to trust.
So, if you’re playing at a casino that has a reputable license from a governing body like the MGA, UKGC, Gibraltar, or Curacao, you’re on a safe site. They ensure that all financial transactions and personal data are appropriately safeguarded from malicious third parties.
If you’re confident about the site’s security and gaming license, there’s one more step to take. Simply open Google and perform a quick search on the operator’s reputation. You’ll almost certainly discover complaints about every single bookmaker, poker room, and casino, but the sheer quantity of them matters.
There are always certain inherent dangers connected with logging into your Lotus Book 247 account and placing bets utilizing an online betting platform like Lotus Book 247. The most obvious danger is that you will lose your hard-earned cash. If you bet on a team and that team loses, you will lose the whole amount of money you bet on that team.
Betting should not be your primary source of revenue; rather, it should be something you do on the side. So, when betting, be cautious and don’t gamble rashly. After all, gambling is a game with no guarantees, and any side might lose in any given game. Remember that betting on sports is similar to life in that you will win some and lose some. As a result, accept everything in stride.
