Internet sports betting has become very popular all and bettors around the world are asking “should sports gambling be legalized or otherwise?” The ease and convenience in which one can place bets on any sporting event over the internet, the wide range of sportsbooks and 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 believed to be illegal in most states of Aamerica save a few like Nevada and Montana. Therefore it is vital 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 differ from nation to nation and between states.
Past history of illegal betting in America reveals there were loads of scandals and money-laundering etc which may have led to prohibition and regulating gambling. It is actually believed that if wagering on a teams wins or losses on the particular game was made legal, while all 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 most regions of the world but there’ve always been exceptions. It’s tricky to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in the US declare 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 illegal aside from the few states in the US that includes the state of Nevada.
Sports fans consider sports betting as 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. In other words, they support its regulation and restrictions at the same time don’t think or label it as being “illegal”.
Whether sports gambling is regarded illegal or otherwise, 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 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 are the same as many avid gamblers who battle against the issues of betting laws etc in the US. It is advisable to note that gambling has a darker side which is 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.