Must sports betting be legalized

Internet sports gambling has become very 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 plus the excitement and thrill of the game ensures that sports betting has arrived to stay.

The aspect 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 a few like Nevada and www.bettingarbs.com Montana. So 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 will not be on the wrong side of the law. The gambling laws differ from nation to nation and from state to state.

Track record of illegal gambling in America 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 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 is difficult to tackle and generalize sports betting laws and the legality of sports betting. Legal articles in the US state 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 unlawful except for the few states in the US 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 a certain 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 regarded illegal or not, online sports wagering will continue to be one of 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 some legitimate betting websites can be found 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 bundle 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 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 sports activities. It’s because of these repercussions that opponents of sports betting oppose the legality of sports gambling.