Stock-trading is a gamble; the educated guesses that traders make are on a par with punts based on calculated odds. If stock-trading is okay, so is gambling
SB Easwaran | January 7, 2019 | Delhi
Life is a gamble everywhere. But in India, different states have different laws on gambling, lotteries, casinos. And betting on games, perfectly legal in many countries, is not allowed anywhere in India. That a betting network flourishes underground and is rich enough to fix matches has not made the central government think of legalising it, allowing licensed companies to register bets, offer odds, and let the occasional punter earn a jackpot while the government earn steady taxes.
Some states allow lotteries, casinos, betting
. . .
Gambling happens despite the laws. Why not legalise it and tax it?
. . .
Stock-trading is a gamble; traders’ educated guesses are like punts based on calculated odds. If stock-trading is okay, so is gambling
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