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 choice of sportsbooks and the excitement and thrill from the game ensures that sports betting has arrived to stay.
The element of sports gambling that worries most gamblers is not surprisingly the legality of it all. Sports gambling activities are believed to be against the law in most states of the US save one or two like Nevada and Montana. So it is vital to figure out all gambling laws in your state and jurisdiction before placing your bets on the internet so that you will not be on the wrong side of the law. The gambling laws are different from nation to nation and between states.
Track record of illegal betting in America reveals that there were plenty of scandals and money-laundering etc that have led to prohibition and regulating gambling. It is actually believed that if sport fanatick betting on 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 devastation of the illegal bookmakers market and ultimately cut down the corruption in sports.
Sports betting is really illegal in many regions of the earth but there have been exceptions. It is difficult to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in America declare that the 1st 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 unlawful aside from the few states in the US including the state of Nevada.
Sports fans consider sports betting to be a hobby in Europe, that really helps to promote the leagues, games and players. Hence the Europeans regard sports betting as useful to some degree and not criminal or illegal. To put it differently, they support its regulation and restrictions at the same time do not 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 methods of placing bets. Sports enthusiasts will not steer clear of 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 enjoy the game. Other than this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a wonderful way to generate a lot of money.
Should you be wondering “should sports gambling be legalized?” then you are no different from many avid gamblers who struggle with the issues of betting laws etc in the US. It is prudent to note that gambling has a darker side which is 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.