Illegal gambling in sports activities

It’s estimated that only 1-3% of sports betting activities are accounted for in the Nevada Sports books and quite a few of the betting is the illegal gambling in sports. The FBI estimated in 1998 this illegal sports gambling was an industry worth billions of dollars.

Illegal gambling in sports includes various kinds of activities. Most of these illegal bets on different sporting events are put with sportsbooks or bookies. Online gambling is an extremely popular means of gambling. Other sports activities are those that happen to be illegal and associated with gambling such as dog fighting and cockfighting.

Illegal gambling in sports continues to be associated with organized crime for many years in the US. In the 1920s and 1930s illegal sports gambling had been a business for gang mobsters and they set up organized bookmaking across the nation. Emphasis was on horse racing at that time. Nevada legalized casino betting in 1931 and here too organized crime managed a significant portion of casino gambling business. Continental Wire Service and Trans America Wire were the 2 main illegal wire services which were operated by mobsters.

In the 1950s the federal government came down hard on organized crime and forced the mobsters out from the casino industry in Nevada. These were then taken over by corporations, and also the mob took over the illegal bookmaking business. Most illegal books provide bookies which are illegal ways of spreading risks on wagers.

The action of transmitting wagering and gambling information and details across state lines for either taking or placing bets is considered illegal. News details regarding point spreads could be reported just for entertainment and informational purposes but many US newspapers still publish betting lines. This practice is defended by the Newspaper Association of America as “free speech” under the First Amendment in the Constitution, proclaiming that readers only want to learn or read about teams favored to be winners rather than for betting.

Other illegal gambling in sports involves animal fights that occur in America in spite of the unsavory reputation it’s got. These staged fights include animals like dogs that are trained and bred for this specific purpose and male chickens. This type of animal fighting is usually within the rural areas but city police reports on dog fighting and cockfighting have risen and this sport has become the craze among gangs in the street. This kind of illegal sports betting activity is a great problem to the authorities due to the weapons and huge quantities of hard cash present in the fights.

The issue of illegal gambling in sports is really a question of grave concern. Minnesota laws make any type of wager or bet illegal. It is best if the gambler learns all the laws relating to sports gambling in his state or area prior to placing bets over a sporting event. Many states declare sports gambling as illegal in the US excluding Nevada, Montana and one or two additional states.