Internet sports betting has become very popular all and bettors all over the world are asking “should sports gambling be legalized or not?” The ease and convenience in which one can 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 has arrived 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 against the law in most states of Aamerica save one or two like Nevada and Montana. Therefore it is vital to find out all gambling laws in your state and jurisdiction before placing your bets on the internet in order that you wont be on the wrong side of the law. The gambling laws differ from nation to nation and between states.
Past history of illegal gambling in the US reveals that there were loads of scandals and money-laundering etc which may have led to prohibition and regulation of gambling. It is believed that if wagering over a teams wins or losses of a particular game is 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 minimize the corruption in sporting events.
Sports betting is really illegal in many regions of the world but there have been exceptions. It’s tricky to tackle and generalize sports betting laws and also the legality of sports betting. Legal articles in the US state that the 1st law that must 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 except for the few states in America including 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 some 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 considered illegal or otherwise, online sports wagering will still be one of the most popular methods 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 lot of money.
If you are wondering “should sports gambling be legalized?” then you are the same as many avid gamblers who struggle with the problems of betting laws etc in America. It is prudent to note that gambling has a darker side which happens to be addiction and threatening the integrity of particular sporting events. It’s because of such repercussions that opponents of sports betting oppose the legality of sports gambling.