Internet sports gambling has become quite popular all and bettors around 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 over the internet, the wide range of sportsbooks plus the excitement and thrill of the game ensures 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 practically in most states of Aamerica save a few like Nevada and Montana. Therefore it is imperative to figure out all gambling laws in your state and jurisdiction before placing your bets on the internet so 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 betting in the US reveals that there were loads of scandals and money-laundering etc which may have led to 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 world but there have been exceptions. It is difficult to tackle and generalize sports betting laws and also the legality of sports betting. Legal articles in the US 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 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. 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 considered illegal or not, online sports wagering will continue to be essentially the most popular methods of placing bets. Sports enthusiasts will likely not refrain from 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 take pleasure in the game. Apart from this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a wonderful way to make a bundle of money.
Should you be wondering “should sports gambling be legalized?” then you’re no different from many avid gamblers who struggle with the issues of betting laws etc in the US. It is advisable to note that gambling has a darker side which happens to be addiction and threatening the integrity of particular sports activities. It is because of such repercussions that opponents of sports betting oppose the legality of sports gambling.