Internet sports betting has become quite popular all and bettors all over 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 range of sportsbooks plus the excitement and thrill from the game signifies that sports betting is here to stay.
The aspect of sports gambling that worries most gamblers is of course the legality of it all. Sports gambling activities are considered illegal 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 wont be on the wrong side of the law. The gambling laws are different 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 that have led to prohibition and regulation of gambling. It is actually thought that if betting on a teams wins or losses of a particular game is made legal, while all the other bets on outcomes like point spreads etc were banned, would result in the devastation of the illegal bookmakers market and finally minimize the corruption in sporting events.
Sports betting is actually illegal in most regions of the earth but there have been exceptions. It is difficult to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in America declare that the first law to 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 America that includes the state of Nevada.
Sports fans consider sports betting to be a hobby in Europe, that helps to promote the leagues, games and players. Therefore the Europeans regard sports betting as useful to a certain degree instead of criminal or illegal. To put it differently, they support its regulation and restrictions at the same time don’t think or label it as being “illegal”.
Whether sports gambling is considered illegal or otherwise, online sports wagering will continue to be essentially the most popular methods 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. Apart from this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a terrific way to generate a lot of money.
Should you be wondering “should sports gambling be legalized?” then you are no different from many avid gamblers who struggle with the problems of betting laws etc in the US. It is prudent to note that gambling does have a darker side which is addiction and threatening the integrity of particular sports activities. It’s because of such repercussions that opponents of sports betting oppose the legality of sports gambling.