All posts tagged: horse racing

Is gambling legal in India?

Is gambling legal in India?

Gambling in India is a complex and evolving topic, deeply intertwined with the country’s legal, cultural, and economic framework. Gambling in India in the present-day context is not straightforward due to factors like central laws, state-specific regulations, and varying interpretations of what constitutes gambling. Understanding Gambling: Games of Skill vs Games of Chance One of the most critical distinctions in Indian gambling laws is between ‘games of skill’ and ‘games of chance.’ This differentiation is pivotal in determining the legality of various gaming activities and has been a subject of judicial interpretation for decades. What are games of skill? Games of skill are those in which success is primarily determined by the player’s knowledge, expertise, experience, and strategy rather than sheer luck. Indian courts have repeatedly emphasized that a significant degree of skill involved in the gameplay makes such activities legal under Indian law. Examples of games that have been classified as skill-based include: Rummy: The Supreme Court of India has ruled that rummy requires considerable skill to memorize cards and strategize gameplay. This makes …

Year after flip flop, NBC’s Eddie Olczyk hopes he feels better about his Kentucky Derby pick

Last year at the Kentucky Derby, Eddie Olczyk did what every horse racing fan and handicapper has done at one point — he changed his pick and ended up regretting it. HT Image The difference, though, is that Olczyk flipped with nearly 15 million people watching. Unlock exclusive access to the latest news on India’s general elections, only on the HT App. Download Now! Download Now! Leading up to the Run for the Roses, Olczyk told friends and fans whom he ran into after calling NHL games that he liked Mage. However, when it came time for the final picks segment on NBC’s coverage, Olczyk went with Verifying. Mage won, while Verifying finished a distant 16th in the 18-horse field. “Sometimes you change and you win, and sometimes you lose,” Olczyk said during a telephone interview. “But last year probably was the most dejected that I’ve ever been walking out of the Kentucky Derby. Win or lose, you walk out of there feeling good about yourself and the experience because there’s nothing like it. It …