For crores of cricket fans, IPL is not just a game, but a festival. This tournament, which keeps people glued to their TVs for two and a half months, provides a lot of excitement and entertainment. However, behind this brilliance lies a very dangerous dark world. That is IPL betting. Let us find out in detail in this article how this betting monster is troubling the country's economy, especially the middle-class families, and how the UPI system is also succumbing to this. The UPI system crashed several times in march and april this year, creating a sensation across the country. As crores of people depend on UPI for wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital transactions, the outage caused severe inconvenience.
However, financial analysts say that the main reason for these UPI crashes is the immense pressure from IPL betting transactions. Online gambling, which started as a small fun, has gradually reached a level where it is testing the capacity of the country's banking sector with a turnover of lakhs of crores of rupees. Experts explain that the widespread use of UPI by the betting mafia to conduct their illegal transactions at a fast pace has put an unexpected burden on the system and made it chaotic. This is not just a technical issue but also highlights the huge impact that illegal gambling is having on the country's economy. The situation has reached a point where betting is considered to be synonymous with IPL. Although royal challengers Bangalore emerged as the winner of IPL 2025, the betting affair behind it has left many people with an irreparable blow.
Seeing one or two rare success stories of those who have won money in betting, many are starting betting to test their luck. Those who started hoping to get money quickly are gradually getting into this addiction. Those who have become addicts are resorting to credit cards and loan apps to pay off debts and are getting deeper into debt. Unable to tell their parents about this problem and not knowing how to get out, they are experiencing hell with severe mental conflict. This betting demon is financially destroying many middle-class families. Modern gambling is increasing exponentially with the help of technology. Apart from the availability of many apps on Playstores, several illegal websites are also preying on the middle class through whatsapp and Telegram groups.

 According to a report, it is estimated that over Rs 8.50 lakh crore changes hands in india annually through gambling. Some are running this illegal business from abroad without getting caught by indian laws. Using cryptocurrency networks, 'mule accounts' are opened in banks in the name of anonymous people, and massive betting transactions are being carried out through them. The flaws in this system and the negligence of the rulers on the regulations are causing the growth of online gambling. Skill-based online gaming is legal in india, it provides significant tax revenue to the government and employment (to millions). However, the dark world of betting that runs parallel to this legal system has now become a big threat.

 The investigation of former chhattisgarh Chief minister Bhupesh Baghel in the Rs 6,000 crore Mahadev betting app scam is raising questions about the integrity of the rulers. Betting companies play a mental game with the common man. They make small wins happen in the beginning, which releases dopamine in their brains. This feeling of ‘luck’ pushes them towards betting more and more. It is like the dopamine that comes from exercise, music, or spending time with loved ones, but its consequences are severe. There are many who have lost everything in the hope of winning in betting, are stuck in debt, and are facing hell.
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Sowmiya Sriram

09/06/2025 11:50 AM