Internet sports betting has grown to be quite 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 on the net, the wide range of sportsbooks plus the excitement and thrill of the game ensures 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 against the law in most states of Aamerica save one or two like Nevada and Montana. So it is imperative to figure out all gambling laws in your state and jurisdiction before placing your bets on the internet in order that you will not be on the wrong side of the law. The gambling laws are different from nation to nation and between states.
Past history of illegal gambling in the US reveals there were plenty of scandals and money-laundering etc that have concluded in prohibition and regulating gambling. It is thought that if betting over a teams wins or losses of a particular game was 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 actually illegal in most parts of the world but there have always been exceptions. It is difficult to tackle and generalize sports betting laws and also the legality of sports betting. Legal articles in America declare that the first 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 except for 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. Therefore the Europeans regard sports betting as beneficial to a certain degree instead of criminal or illegal. To put it differently, they support its regulation and restrictions at the same time do not think or label it as “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 some legitimate betting websites do exist for the entertainment of people who enjoy the game. Other than this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a wonderful way to generate a bundle of money.
Should you be wondering “should sports gambling be legalized?” then you are the same as thousands of avid gamblers who struggle with 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 sports activities. It is because of these repercussions that opponents of sports betting oppose the legality of sports gambling.