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In the event that you are a sports fan, odds are very good that at one point or another you have engaged in some type of sports betting. You may have been involved with a fantasy pool, you could have bet a beer with a buddy, you could even have placed a few of bets on the outcome of the Super Bowl or March Madness.
Although sports gambling is so common it is almost natural (in reality, it’s been a part of human culture for as long as sport itself), the very fact is that many forms of sports gambling we engage in will be actually illegal. This really is particularly true if you are living in Canada or perhaps the United States Of America.
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’s more an issue with minor sports and collegiate level athletics than the professional leagues.
The reasoning for this, of course, is fairly clear-cut. Athletes who are receiving little or no money for playing their sport are more susceptible to bribes from individuals with a vested monetary interest within 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 illustrations of athletes both minor and pro who have succumbed to this temptation.
Legalities aside, it is pretty obvious that sports betting is still a major part of our culture. In fact, it’s 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 fact, you may say that sports gambling is essentially an “open crime” right now. Odds and money lines are posted on all of the major sports channels, and bookmakers operate online with relative impunity. There are minimum efforts to stop mass betting on sports, which seems to indicate that eventually the laws prohibiting the activity will be done away with for good.
In the meantime, however, if you would like to get a piece of betting action on a sport but want to stay well in the law, you can find a couple of ways to do it. Let’s take a quick look.
Pari-mutuel betting: There are certain sports in which the federal government actually endorses betting. This sort of betting is called 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 as a consequence harder to rig on the subject of results. And, the federal government gets a cut of all bets!
Go to Vegas! Nevada is the one state by which sports betting is legal and practiced as well. Again, who knows the real reasons, but you will discover Nevada bookies ready to take bets from people all over the country.
Go online: In the majority of of the rest of the world, sports betting is regulated and not seen as an issue. That suggests that because of the internet, people from North America can place their bets with well-known bookies around the world. Bookmakers out of Vegas, the United Kingdom, Indonesia, and any range of other countries have a presence online gambling agency. Just ensure that they’re going to take your hard earned money; some are leery of American bettors do to the government’s ambiguity on the issue of sports gambling.
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