Is horse racing handicapping a game of skill?
The current gambling laws in India are ambiguous. The Gambling Act, 1867, prohibits gambling and the setting up of gaming houses. However, it does not apply to “games of skill.” Several court judgments have discussed the difference between “games of chance” and “games of skill”. In 1996, the Supreme Court ruled that betting on horse races is a game of skill, and not just luck. Delhi, Karnataka, Maharashtra, and Tamil Nadu allow betting on horse-racing, provided it is conducted on race courses and through licensed bookies. Gambling on rummy is also allowed.
“In a similar fashion, a game of cricket involves skills of players,” says FICCI’s Singh.
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Terrific Read, I loved the this horse racing section