Internet sports betting has become very popular all and bettors around the world are asking “should sports gambling be legalized or not?” 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 of 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 believed to be against the law practically in most states of the US save one or two like Nevada and Montana. So it is imperative 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 that there were plenty of scandals and money-laundering etc which may have concluded in prohibition and regulation of gambling. It is actually thought that if wagering on a teams wins or losses on the particular game is made legal, while all the other bets on outcomes like point spreads etc were banned, would result in the devastation of the illegal bookmakers market and finally cut down the corruption in sports.
Sports betting is actually illegal in most regions of the world but there’ve been exceptions. It is difficult to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in the US state that the 1st 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 illegal 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 helps to promote the leagues, games and players. Hence the Europeans regard sports betting as beneficial to some degree and not criminal or illegal. To put it differently, 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 not, online sports wagering will continue to be one of 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 some legitimate betting websites can be found for the entertainment of those who take pleasure in the game. Apart from this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a wonderful way to generate a lot of money.
If you are wondering “should sports gambling be legalized?” then you’re no different from many avid gamblers who battle against the problems of betting laws etc in the US. It is advisable to note that gambling has a darker side which happens to be addiction and threatening the integrity of particular sports activities. It is because of such repercussions that opponents of sports betting oppose the legality of sports gambling.