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 with which one can place bets on any sporting event over the internet, the wide range of sportsbooks and the excitement and thrill of the game signifies that sports betting is here to stay.
The element of sports gambling that worries most gamblers is of course the legality of it all. Sports gambling activities are believed to be illegal practically in most states of Aamerica save a few 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 are different from nation to nation and from state to state.
Track record of illegal betting in the US reveals there were plenty of scandals and money-laundering etc which may have concluded in prohibition and regulating gambling. It is thought 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 destruction of the illegal bookmakers market and finally cut down the corruption in sporting events.
Sports betting is really illegal in many parts 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 state that the first law to 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 unlawful except for 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. Hence 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 regarded illegal or otherwise, online sports wagering will still be essentially the most popular ways 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 can be found for the entertainment of people who enjoy 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 are no different from thousands of avid gamblers who battle against the issues of betting laws etc in America. It is prudent to remember that gambling has a darker side which happens to be addiction and threatening the integrity of particular sports activities. It’s because of these repercussions that opponents of sports betting oppose the legality of sports gambling.