Internet sports betting has become quite popular all and bettors around the world are asking “should sports gambling be legalized or otherwise?” The ease and convenience with which one can place bets on any sporting event on the net, the wide choice of sportsbooks and the excitement and thrill of the game ensures that sports betting is here to stay.
The element of sports gambling that concerns most gamblers is not surprisingly the legality of it all. Sports gambling activities are considered against the law practically in most states of the US save one or two like Nevada and Montana. So it is imperative to figure out all gambling laws in your state and jurisdiction before placing your bets online in order that you will not be on the wrong side of the law. The gambling laws differ from nation to nation and between states.
Track record of illegal gambling in America reveals there were plenty of scandals and money-laundering etc which may have led to prohibition and regulation of gambling. It is thought that if wagering on a teams wins or losses on the particular game was made legal, while all other bets on outcomes like point spreads etc were banned, would result in the destruction of the illegal bookmakers market and ultimately minimize the corruption in sporting events.
Sports betting is really illegal in many regions of the earth but there’ve always been exceptions. It’s tricky to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in the US state that the 1st law to be followed is definitely the Professional and Amateur Sports Protection Act of 1994. This law actually stipulates that operation of gambling in whatever form is illegal except for the few states in the US including the state of Nevada.
Sports fans consider sports betting to be a hobby in Europe, which also helps to promote the leagues, games and players. Therefore the Europeans regard sports betting as beneficial to some degree and not criminal or illegal. In other words, they support its regulation and restrictions at the same time do not think or label it as being “illegal”.
Whether sports gambling is considered illegal or not, online sports wagering will continue to be essentially the most popular ways of placing bets. Sports enthusiasts will not steer clear of placing bets through offshore sportsbooks. Laws do sanction malpractices in betting and a few legitimate betting websites do exist for the entertainment of those who enjoy the game. Other than this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a terrific way to generate a bundle of money.
Should you be wondering “should sports gambling be legalized?” then you are the same as many avid gamblers who struggle with the issues of betting laws etc in America. It is prudent to note that gambling does have a darker side which happens to be addiction and threatening the integrity of particular sporting events. It is because of these repercussions that opponents of sports betting oppose the legality of sports gambling.