It’s estimated that only 1-3% of sports gambling activities are taken into account in the Nevada Sports books and the majority of the gambling is the illegal gambling in sports. The FBI estimated in 1998 this illegal sports gambling was a business worth billions of dollars.
Illegal gambling in sports consists of different types of activities. Most of these illegal bets on various sporting events are put with sportsbooks or bookies. Internet gambling is a very popular means of gambling. Other sporting events are the ones that happen to be illegal and linked to gambling like dog fighting and cockfighting.
Illegal gambling in sports continues to be connected with organized crime for many years in the US. In the 1920s and 1930s illegal sports gambling was a business for gang mobsters and they also set up organized bookmaking around the nation. Focus was on horse racing during those times. Nevada legalized casino betting in 1931 and here too organized crime controlled a major portion of casino gambling business. Continental Wire Service and Trans America Wire were the two illegal wire services which were operated by mobsters.
In the 1950s the government came down hard on organized crime and forced the mobsters out of the casino industry in Nevada. They were then bought out by corporations, and the mob took over the illegal bookmaking business. Most illegal books provide bookies which are illegal ways of spreading risks on wagers.
The act of transmitting wagering and gambling information and details across state lines for either taking or placing bets is considered illegal. News details concerning point spreads could be reported only for entertainment and informational purposes but a majority of US newspapers still release betting lines. This practice is defended by way of the Newspaper Association of America as “free speech” under the First Amendment of the Constitution, proclaiming that readers just want to learn or find out about teams favored to become winners instead of for betting.
Other illegal gambling in sports involves animal fights that occur in the US regardless of the unsavory reputation it’s got. These staged fights include animals such as dogs that are trained and bred for this purpose and male chickens. This sort of animal fighting is usually within the rural areas but city police reports on dog fighting and cockfighting have risen and this sport is the rage among gangs on the street. This type of illegal sports betting activity is a great concern for the authorities because of the weapons and large quantities of hard cash present in the fights.
The matter of illegal gambling in sports is really a question of grave concern. Minnesota laws make any sort of wager or bet illegal. It is best if the bettor finds out all the laws associated with sports gambling within his state or area prior to placing bets over a sporting event. Many states declare sports betting as illegal in the United States excluding Nevada, Montana and one or two other states.