Internet sports betting has become 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 plus the excitement and thrill from 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 against the law practically in most states of the US save a few like Nevada and Montana. So it is vital to find out all gambling laws in your state and jurisdiction before placing your bets online in order that you will not be on the wrong side of the law. The gambling laws differ from nation to nation and between states.
Track record of illegal betting in the US reveals there were loads of scandals and money-laundering etc which may have led to prohibition and regulation of gambling. It is believed that if betting 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 destruction of the illegal bookmakers market and ultimately minimize the corruption in sports.
Sports betting is actually illegal in many parts of the earth 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 state 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 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, that helps to promote the leagues, games and players. Therefore the Europeans regard sports betting as beneficial to a certain 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 “illegal”.
Whether sports gambling is considered illegal or not, online sports wagering will continue to be one of the most popular methods 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 can be found for the entertainment of those who take pleasure in the game. Other than this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a wonderful way to make a lot of money.
Should you be wondering “should sports gambling be legalized?” then you are the same as thousands of avid gamblers who struggle with the problems of betting laws etc in the US. It is prudent to note that gambling does have a darker side which happens to be addiction and threatening the integrity of particular sporting events. It is because of such repercussions that opponents of sports betting oppose the legality of sports gambling.