The Law Commission's report, titled 'Legal Framework: Gambling and Sports Betting in India, including world777 Cricket,' took a closer look at how we currently perceive these terms. It established the important difference that in gambling, the stake or wager is made on an event with no knowledge of the result. In betting, however, the stakes are placed on an event, the outcome of which is determined by the players' performance, which is impacted by their skill.