Internet sports betting has become very popular all and bettors all over the world are asking “should sports gambling be legalized or not?” The ease and convenience with which one can place bets on any sporting event over the internet, the wide range of sportsbooks and the excitement and thrill of the game signifies 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 considered against the law in most states of the US save a few like Nevada and Montana. So it is imperative to figure out all gambling laws in your state and jurisdiction before placing your bets on the internet in order that you wont be on the wrong side of the law. The gambling laws differ from nation to nation and from state to state.
Track record of illegal betting in America reveals that there were plenty of scandals and money-laundering etc that have led to prohibition and regulation of gambling. It is thought that if sportfanatick wagering over a teams wins or losses of a particular game is 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 cut down the corruption in sporting events.
Sports betting is really illegal in many regions of the world 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 declare that the first law that must be followed is 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 that includes 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 useful to some degree instead of criminal or illegal. In other words, they support its regulation and restrictions at the same time do not think or label it as “illegal”.
Whether sports gambling is regarded illegal or not, online sports wagering will still be one of 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 wonderful way to make a lot of money.
If you are wondering “should sports gambling be legalized?” then you’re no different from thousands of avid gamblers who struggle with the issues of betting laws etc in the US. It is prudent to remember that gambling does have a darker side which is addiction and threatening the integrity of particular sports activities. It’s because of these repercussions that opponents of sports betting oppose the legality of sports gambling.