Internet sports betting has become quite 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 on the net, 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 not surprisingly the legality of it all. Sports gambling activities are believed to be illegal in most states of Aamerica save one or two like Nevada and Montana. Therefore it is imperative to figure out all gambling laws in your state and jurisdiction before placing your bets online so that you will not 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 there were plenty of scandals and money-laundering etc which may have concluded in prohibition and regulating gambling. It is thought 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 cut down the corruption in sports.
Sports betting is actually illegal in many parts of the world but there’ve been exceptions. It is difficult to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in America state 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 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 useful to some 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 “illegal”.
Whether sports gambling is considered illegal or not, online sports wagering will continue to 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 a few legitimate betting websites do exist for the entertainment of people 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.
If you are wondering “should sports gambling be legalized?” then you’re the same as thousands of avid gamblers who battle against the problems of betting laws etc in America. It is advisable to note that gambling does have a darker side which happens to be addiction and threatening the integrity of particular sporting events. It’s because of such repercussions that opponents of sports betting oppose the legality of sports gambling.