Internet sports betting has grown to be quite popular all and bettors around the world are asking “should sports gambling be legalized or not?” The ease and convenience in which one can possibly place bets on any sporting event on the net, the wide range of sportsbooks and the excitement and thrill of the game ensures that sports betting is here to stay.
The element of sports gambling that worries most gamblers is of course the legality of it all. Sports gambling activities are believed to be illegal in most states of the US save a few like Nevada and Montana. Therefore it is vital 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 that there were loads of scandals and money-laundering etc which may have concluded in prohibition and regulating gambling. It is believed that if wagering over a teams wins or losses of a particular game was made legal, while all other bets on outcomes like point spreads etc were banned, would result in the devastation of the illegal bookmakers market and ultimately minimize the corruption in sports.
Sports betting is actually illegal in many regions of the earth but there’ve been exceptions. It’s tricky to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in America declare 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 unlawful except for the few states in the US including the state of Nevada.
Sports fans consider sports betting as a hobby in Europe, which also helps to promote the leagues, games and players. Hence the Europeans regard sports betting as useful to some degree and not criminal or illegal. To put it differently, they support its regulation and restrictions at the same time don’t think or label it as “illegal”.
Whether sports gambling is considered illegal or not, online sports wagering will still be one of the most popular ways of placing bets. Sports enthusiasts will likely not steer clear of placing bets through offshore sportsbooks. Laws do sanction malpractices in betting and some legitimate betting websites can be found for the entertainment of people who enjoy the game. Other than this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a wonderful way to make a lot of money.
If you are wondering “should sports gambling be legalized?” then you are the same as thousands of avid gamblers who battle against the problems of betting laws etc in the US. It is advisable to note that gambling has a darker side which is addiction and threatening the integrity of particular sporting events. It’s because of these repercussions that opponents of sports betting oppose the legality of sports gambling.