Must sports betting be legalized
Internet sports betting has grown to be quite popular all and bettors around the world are asking “should sports gambling be legalized or not?” The ease and convenience with which one can possibly place bets on any sporting event over the internet, the wide choice of sportsbooks and the excitement and thrill of the game ensures that sports betting is here to stay gambeling.
The element 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 in most states of the US save one or two like Nevada and Montana. Therefore it is vital to figure out all gambling laws in your state and jurisdiction before placing your bets online so that you wont be on the wrong side of the law. The gambling laws are different from nation to nation and between states.
Track record of illegal gambling in America reveals there were loads of scandals and money-laundering etc that have led to prohibition and regulation of gambling. It is thought that if betting on 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 regions 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 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 America that includes the state of Nevada.
Sports fans consider sports betting as a hobby in Europe, that really helps to promote the leagues, games and players. Therefore the Europeans regard sports betting as useful to a certain degree and not 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 not, online sports wagering will still be essentially the most popular ways 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 do exist 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 make a lot of money source.
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 remember that gambling does have 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.