Match Fixing: Horse Race to Tennis

Section 115BB of the Indian Income Tax Act spells out the “tax on winnings from lotteries, crossword puzzles, and races including horse races, card games and other games of any sort or gambling or betting of any form or nature whatsoever”. That is, if one bet and win, one must pay his taxes. The money we make from betting on Horses or anything is taxable.

The existence of this section suggests that such money is above board and legal. But here is the kicker horse racing is the only sport in which betting is legal, there are licensed bookmarkers who will take our bets on any given race. If one must declare winnings from betting of any form as income and pay tax on it, why is only such form of betting legal? To me, making horse racing the only sport that one can legally bet on is as entirely lacking of sense.

But all this has been on my mind because of the latest uproar over betting in sport. The recent news that matches fixing has happened in professional Tennis for years, and even in Grand Slam tournaments. Without naming anyone, it was reported that “28 top level players, including winners of Grand Slam Titles”, have been involved in Match Fixing, that the tennis establishment has known this and yet not acted against these players.

Until now, the only instance of match fixing alleged in pro tennis was in 2007, when World No 4 Nikolay Davydenko played a much lower ranked Argentine, Martin Vassallo in a match in Poland. Out of the blue, huge amount of money were placed on Martin victory, even as Nikolay opened up a comfortable lead in the match. Later, Nikolay claimed an injury to his foot and forfeited the match.

We also knew well that people bet on horse races and cricket and archery and every other sport on the planet and that there are inevitably, inexorably, attempts to influence the outcomes of those games. Whatever the explanation, the inescapable truth about sports is that people will bet on matches and attempt fixes.