look news india
There is a lot of buzz about Lok Sabha elections in India at this time. General elections are being held in the country in seven phases. In which now three phases of elections have been completed. With four rounds of voting still to go, there has been a flood of illegal foreign apps and websites promoting betting on the outcome of this election. While betting sites are banned in India, the activity of corrupt betting from foreign soil is going on in full swing. You need to be careful with this. Because these illegal apps and websites deposit money into Mule account through bank transfer or UPI payment. All this money goes to foreign soil through these accounts and crypto wallets without paying any tax. So people involved in such activities may feel like crying. However, gaming experts believe that such betting was also encouraged during the 2019 elections. But this time the size of such betting has reduced.
At present, crores of people of India are discussing the same question at the dinner table, during air conditioner cooling and during debates on TV, which party will win the Lok Sabha elections? However, to capitalize on this hotly debated question, a large number of applications and websites have emerged from abroad promoting betting on election results. Dozens of foreign apps and websites are betting big bucks on election outcomes, victory margins and individual performances of political parties in the world's largest democracy.
These betting players are giving the bettors the option of constituency, candidate and political party to place bets. It is worth noting that after the Indian Premier League Cricket (IPL), now the betting market is being heated up by luring people regarding the results of the Lok Sabha elections. Jannat Book is also offering this type of offer. According to the Digital Fraud Prevention Agency, most of these apps and websites are operated from foreign countries. And it is likely to be managed by a single company.