Must sports betting be legalized

Internet sports gambling has become quite popular all and bettors around the world are asking “should sports gambling be legalized or not?” The ease and convenience in which one can possibly place bets on any sporting event on the net, the wide range of sportsbooks and the excitement and thrill of 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 considered against the law in most states of the US save a few 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 so 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 betting in the US reveals that there were loads of scandals and money-laundering etc which may have concluded in prohibition and regulation of gambling. It is actually believed that if wagering on a teams wins or losses on the particular game is made legal, while all the other bets on outcomes like point spreads etc were banned, would result in the destruction of the illegal bookmakers market and ultimately minimize the corruption in sports.

Sports betting is actually illegal in many regions of the world but there have been exceptions. It’s tricky to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in America declare that the first 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 aside from the few states in America that includes 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 useful to a certain degree and not criminal or illegal. To put it differently, 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 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 take pleasure in the game. Other than 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 thousands of avid gamblers who struggle with the issues of betting laws etc in America. It is prudent to remember that gambling does have a darker side which happens to be addiction and threatening the integrity of particular sporting events. It’s because of these repercussions that opponents of sports betting oppose the legality of sports gambling.