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Tuesday, January 21, 2020

WHAT IS THE MARKET OF SKILL-BASED REAL MONEY GAMES IN INDIA?


Skill-based real money games are a great way to win money. However, in years when thousands of gamers were winning money with these games, there were only a few in India. However, it is not the case anymore.
Today the Indian market is well aware of the fun of online earning via skill-based games and the industry is on the boom. It wouldn’t be wrong to say that you can earn quite handsomely by playing these skill-based real money games in India.
There are many official Indian websites that allow serious gamers to take benefit of their skills and make money to earn some extra while also enjoying the thrill. Video games like Poker and Rummy are at their boom. Ludo League, the online Ludo game, has also entered the market of skill-based real money games with an aim to take the online earning to the next level.
Is making money through skill-based real money games Legal in India?
The good news is that the Indian government has officially announced these real money games legal. It is a general concept that Poker and Rummy is a kind of gambling, but the Supreme Court exempts skill-based games from the same.
A report in July 2018 argues that the real money games require skills to win and make money, so these shall not be concluded under the bracket of gambling. The companies deal legally in the Indian currency. The gamer who wins receives prize money in Indian currency, and if he loses, he has to pay.
This transfer of money is done through Debit and credit cards. A person can earn from a few hundred rupees to lakhs, and if the gamer has a good grip, he can earn more than that too.
What aids in the boom of skill-based real money games?
The Indian market has gained the boom in the skill-based real money games because of the following factors:
· introduction of smartphones in the market:
The Indian market is constantly experiencing the introduction of the latest mobile phones and tablets. It is now easy to play video games anywhere and anytime rather than the traditional PC at home. It means a pool of serious gamers is available at the time of the grand tournament.
· Cheap internet data:
The Indian market is now entertained with cheap internet data bundles which allow gamers to get connected on the gaming websites at any time. The factor has contributed significantly to the success of the Indian online gaming world.
· Digital wallets:
With the availability of digital wallets, it is now easy to transfer and save money online. The winning amount comes in the digital wallet of the gamer, and he can withdraw the money after the deduction of tax.
· Desire to earn online:
Who will not want to play the game and earn money by just playing a video game on his own easily? This factor has inclined the Indian youth to play real money games.
So, when are you playing real Money Ludo game to earn some extra cash?

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