Internet sports betting has grown to be very popular all and bettors all over the world are asking “should sports gambling be legalized or otherwise?” The ease and convenience in which one can possibly place bets on any sporting event on the net, the wide choice of sportsbooks and the excitement and thrill from the game signifies that sports betting has arrived to stay.
The aspect 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 one or two like Nevada and Montana. Therefore it is vital to find 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 differ from nation to nation and from state to state.
Track record of illegal gambling in America reveals there were plenty of scandals and money-laundering etc that have led to prohibition and regulation of gambling. It is thought that if wagering over 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 destruction of the illegal bookmakers market and finally minimize the corruption in sports.
Sports betting is really illegal in many regions of the world but there have been exceptions. It’s tricky to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in America state that the 1st 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 aside from the few states in America that includes the state of Nevada.
Sports fans consider sports betting as a hobby in Europe, which also really helps to promote the leagues, games and players. Therefore 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 don’t think or label it as “illegal”.
Whether sports gambling is regarded illegal or not, online sports wagering will continue to be essentially 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 some 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 terrific way to make a lot of money.
If you are wondering “should sports gambling be legalized?” then you are the same as many 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 is because of these repercussions that opponents of sports betting oppose the legality of sports gambling.