Must sports betting be legalized

Internet sports betting has grown to be very popular all and bettors around the world are asking “should sports gambling be legalized or otherwise?” The ease and convenience with which one can possibly place bets on any sporting event on the net, the wide range of sportsbooks plus the excitement and thrill from the game signifies 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 illegal 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 wont 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 that there were plenty of scandals and money-laundering etc that have led to prohibition and regulation of gambling. It is believed that if wagering 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 finally minimize the corruption in sports.

Sports betting is actually illegal in many parts of the world but there have always been exceptions. It’s tricky to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in America state 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 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 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 essentially the most popular methods of placing bets. Sports enthusiasts will not refrain from 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. Apart from this, sports enthusiasts especially basketball, football, baseball fans etc consider sports gambling a terrific 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 battle against the problems of betting laws etc in America. It is prudent to remember that gambling has a darker side which is addiction and threatening the integrity of particular sporting events. It is because of such repercussions that opponents of sports betting oppose the legality of sports gambling.