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If you’re a sports fan, odds are very good that at one point or another you have engaged in some form of sports betting. You may happen to be linked to a fantasy pool, you could have bet a beer with a buddy, you might even have placed a couple of bets on the outcome of the Super Bowl or March Madness.
Although sports gambling is so common it’s almost natural (in reality, it’s been a part of human culture for as long as sport itself), the truth is that many forms of sports gambling we engage in will be in fact illegal. This really is particularly true if you are living in Canada or perhaps the USA.
The big argument against gambling on most sports in these countries is a belief that betting on sports has the potential to undermine the integrity of the game. Although in the past this tended to hold true with all sports, today it really is more a problem with minor sports and collegiate level athletics than the professional leagues.
The reasoning due to this, keep in mind, is fairly straight forward. Athletes who are receiving little or no money for playing their sport will be more vulnerable to bribes from individuals with a vested monetary interest in the game they are playing. When you are playing for nothing however the joy of it, the offer of several thousand dollars to throw the game can be very tempting. Sports history is rife with examples of athletes both minor and pro that have succumbed to this temptation.
Legalities aside, it is pretty obvious that sports betting is still an important part of our culture. In reality, it really is quite rare to hear of circumstances by which anyone beyond those directly involved with the game even get in trouble for engaging in sports betting. Those involved would include coaches, officials, and players, rarely those betting on the game itself.
In reality, you might state that sports gambling is basically an “open crime” currently. Odds and money lines are posted on all the major sports channels, and bookmakers operate learn online soccer with relative impunity. You will discover minimum efforts to stop mass betting on sports, which appears to indicate that at some point the laws prohibiting the activity will be done away with for good.
In the meantime, although, if you would like to get a piece of betting action on a sport but want to stay well within the law, there are actually a couple of ways to do it. Let’s take a quick look.
Pari-mutuel betting: There are certain sports by which the government actually endorses betting. This kind of betting is described as pari-mutuel, or revenue shared, gambling. Strictly regulated, it applies only to dog and horse racing, and jai alai. All of these events are quite short, and so harder to rig in relation to results. And, the government gets a cut of all bets!
Go to Vegas! Nevada will be the one state by which sports betting is legal and practiced also. Again, who knows the real reasons, but you can find Nevada bookies ready to take bets from people nationwide.
Go online: In most of the rest of the world, sports betting is regulated and not seen as an issue. That implies that due to the net, people from North America can place their bets with well-known bookies throughout the world. Bookmakers out of Vegas, the United Kingdom, Indonesia, and any number of other countries have a presence online. Just make sure that they will take your hard earned money; some are leery of American bettors do to the government’s ambiguity on the issue of sports gambling.