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Online Gambling Guide by Jerry Whittaker…
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Laws Against Sports Gambling

 

by Jerry "Jet" Whittaker

December 19, 2006

 

Sports gambling:

Gambling is nothing but the game of staking money and valuables in order to win more of it. The act generally requires a high degree of skill and practice. Normally, gambling is met with a negative public opinion, as it is believed to be ruining the society. But the fact that it promotes economic activities is considered to be a practical way of looking at it. Gambling in general, includes sports gambling as well as lotteries and chance games in casinos. Sport gambling is legal in some countries and forbidden on others. Such states have a conflict between morality and practicality, but still sports gambling prevails.

The states that favor sports gambling do it because they feel that it increases the popularity of the sport and the sport wins more and more followers. This can be seen from the position of cricket as a sport in India. The wagers who indulge in sports gambling are called “bookmakers” or “bookies” commonly.

Recently, betting on sports like baseball, basketball, boxing, and football, although illegal in many states, has seen a boost. These bookies generally establish two sets of odds, one for each side of the bet, so that they gain, whatever be the result of the event.

The legality behind sorts gambling:

Sport betting on internet encaptures the imagination of many a people but it also raises a doubt in their minds about its legality. It is pretty normal for a person to think if they are violating a local or a national law when they indulge in sports betting. As far as the United States of America is concerned, sport gambling is highly regulated over there. Although, the act done by minors is prohibited but adults can do it provided they keep in mind the legalities and the restrictions so involved in it. This contradicts the general perception regarding gambling, but practicality seems to have overruled these perceptions. As far as regulation of sports betting in US goes, it was left completely to the choice of the individual constituting states to legalize it or even make it illegal. It should be further noted that no American citizen has so far been arrested for betting on the internet. It is so that there is a precise law that forbids internet gambling in the three American states of Nevada, California, and Louisiana.

 

 

 

 

 

 

 


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