Internet sports betting has grown to be very popular all and bettors all over the world are asking “should sports gambling be legalized or not?” The ease and convenience in 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 ensures that sports betting has arrived to stay.
The element 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 the US 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 on the internet in order that you wont be on the wrong side of the law. The gambling laws are different from nation to nation and from state to state.
Track record of illegal gambling in the US reveals there were loads of scandals and money-laundering etc that have concluded in prohibition and regulation of gambling. It is actually thought that if betting on a teams wins or losses of a particular game was made legal, while all the other bets on outcomes like point spreads etc were banned, would result in the destruction of the illegal bookmakers market and finally cut down the corruption in sporting events.
Sports betting is really illegal in most parts of the world 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 state that the first law that must 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 illegal except for the few states in America that includes the state of Nevada.
Sports fans consider sports betting as a hobby in Europe, that helps to promote the leagues, games and players. Hence the Europeans regard sports betting as beneficial to a certain 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 being “illegal”.
Whether sports gambling is considered illegal or not, online sports wagering will still be essentially the most popular ways of placing bets. Sports enthusiasts will not refrain from 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 take pleasure in the game. Other than this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a terrific 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 battle against the problems of betting laws etc in the US. It is prudent to note that gambling has a darker side which happens to be 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.