?»?7 Reasons Why Sports Betting Should Be Legalized in 2020.
Sports betting is one of the safest and most interesting forms of ???gambling???, even though most people simply consider it to be a passionate hobby that can earn you some money if you??™re good at it, rather than gambling. We completely agree with this and we feel like sports betting should be legalized throughout the entire world. Why? We??™ll tell you in today??™s article.
You see, watching your favorite team play is a thrilling experience on its own, but it??™s even better when you have some pocket money on it. It just makes the entire thing a lot more competitive and interesting to watch. Your cheering instantly becomes more passionate and if you end up winning, well, it??™s just an amazing thing to experience.
But, personal satisfaction is not the reason why we think this hobby needs to be legalized throughout the world. There are many different benefits of it, both for the governments and the people, or should we say the consumers. Let??™s take a look.
It makes sports more appreciated.
When some small money comes into play, sports immediately become more appreciated. Every action that a player on your favorite team will do will make you cheer and appreciate their effort. Every goal or a point scored in any other sport will be valued a lot more both by you and the rest of the viewers. It??™s just something that makes every single person watching sports a lot more aware of the skill those players have, as well as all the emotions and effort they put into the game.
According to some of the things that league organizers said, it??™s also quite easy to confirm that they??™re pro-bet as well. Most of them stated that the legalization of bets can increase viewership and overall passion, making both the viewers and the players happier and more satisfied with their career choice.
Competition means attraction.
The more passionate viewers become during matches, the more attraction sports will create. Everything just becomes a lot more hyped up. It??™s a win-win situation for both sides. If everyone keeps talking about sport and their bets, the number of people who will become interested in sports will increase like it or not. It??™s all about the ???hype??? in the communities. Those streaming the matches will get more viewers, those playing the matches will get a larger crowd, and you as a consumer will end up with the most entertainment you??™ve ever had. We don??™t see a downside to this.
Consumers spend a lot of money.
Websites such as ufa for example have a lot of traffic, and a lot of people bet their money on matches on such easily accessible platforms. This means more taxes paid from the winnings and more money for everyone. Governments can benefit a lot from this because the money involved in the betting industry are definitely not to be underestimated. There??™s a lot going on there, and this particular ???industry??? can boost the economic state of a country singlehandedly. This is especially true for countries where sports are like a religion. For example, Brazil and football. Or, the United States and basketball.
Many opportunities for businesses.
Imagine if sports betting was legal throughout the entire world, in every single city of every country. There would be hundreds of thousands of betting locations, and all of those are potential business opportunities. There are people who want to work something related to sports for the rest of their lives, and they simply find no joy in anything else rather than that. So, why not allow them the chance to get engaged with the career of their dreams? Every government can benefit from these places opening up here and there throughout their country. There??™s nothing to lose.
It is ???cluster-safe??? because of online bets.
Now with the covid-19 pandemic, people are trying to avoid getting in the same room with strangers for as much as they can. So, this is a valid reason why some casinos or sport-betting spots should remain closed for as long as this problem remains. But, it??™s not a reason to forbid such an activity to be carried out on the internet. Online casinos and betting websites are huge on the internet and it??™s a great way to prevent clusters while keeping all of your sport-enthusiastic citizens happy with their needs. The same rules that apply for paying taxes apply for online casinos as well, so once again, governments can benefit from it,
More job positions for everyone.
If hundreds of thousands of sport-betting spots open up throughout the entire globe, a lot of people will become employed and work as cashiers or anything else that??™s needed in such a location. This means more job positions for everyone, and a lot less unemployment.
It is supported by league organizers.
Last but not least, league organizers have expressed their pro-bet thoughts in the past, and almost everyone interviewed on this subject stated that they feel like sport betting should be legalized in 2020 throughout countries around the world. All of these organizers were specific about the ???win-win??? factor when it comes to earnings both for their players and the consumers, as well as the most important benefit for the governments due to taxes of all earnings. ???It??™s one way to make everyone happier and more passionate about sports??? is what most of them said.
Conclusion.
As you can see, there are far more greater benefits of legalizing sports betting rather than just satisfying the need of a consumer to feel the thrill of the competition and possibly earn some money on the side, although that??™s a great thing on its own as well. We don??™t see any negatives of legalizing sport betting other than the possible betting addiction that might be an issue with some individuals, but at the end of the day, casinos are legal and they can induce a much more significant addiction. A lot of countries at the moment are doing pro-bet decisions, so hopefully things will change in the near future. Until then, stay safe and good luck with your bets.
5 Reasons Why Sports Gambling Should Be Legal.
Wagering, betting, gambling, or whatever you want to call it, has been a huge part of human life since the dawn of time. People have wagered their own items, money, or any other kind of possession for sports or other events. This is mostly done for entertainment reasons, but there are others who do it from a profitable perspective. Unfortunately, even though it is obvious that sports gambling is quite a normal thing for humans, it is still illegal in a lot of countries around the world.
However, it seems like times are changing and gambling is becoming more and more accepted across the globe. Even has made their federal law that makes sports betting illegal is now unconstitutional. But, there is still a long way to go because this is not a quick and easy process. It will take years or maybe decades for every country to make this kind of activity legal.
To speed up the process, we, the regular citizens have to speak up on the subject and convince the government across the globe that this is a completely healthy activity that should always be legal, no matter what.
To make people understand why exactly it should be allowed, I decided to write this article and provide different reasons that support this idea.
1. It is already a huge industry.
Sports gambling might be illegal in a lot of states in the United States, but it is allowed in many other countries around the world. The people in these countries simply love to gamble which is probably why the industry is so big. Certain experts claim that the industry is worth at least $100 billion globally.
Yes, that is a huge number and it could become much larger if countries around the world decided to allow this activity for their citizens.
Even when it is illegal, citizens have easy access to online websites which allows for a better to be placed. This is a simple loop in the system which means that those laws are certainly unnecessary.
Source: Gambling Sites.
2. Such an industry can help the country??™s economy.
I already mentioned previously that this sports gambling industry is worth well over $100 billion. Why is that important? Well, with so much money circulating the market, you can imagine just how much of an impact that can have on the economy of a certain country or state.
This would be especially beneficial for Third World countries. Supporting such a well-known and such a rich industry will definitely bring a lot of money to the economy.
I think it is becoming obvious to a lot of people and governments that there is simply no explanation of why this should be illegal. If it could support the economy by such a large margin, why should not they allow it?
Source: New York Post.
3. People have been doing it for years.
I did mention in the first point of this article that people have easy access to websites which allow for betting even though the country has made it illegal. This is a loop in the system which will never be removed. It is also important to consider the fact that using that loop in the system is not punishable.
In other words, everyone has already been doing this for years. The Internet has been around for more than 20 years, enabling people to wager their money on certain websites such as UFA quickly and easily. All they have to do is just make an account, put in their credit card, and then start betting their money on certain matches and games.
Yes, it is actually that easy. But, it seems like governments want to ignore that fact and act like that option does not exist. So, even if this kind of activity is not legalizing your country, you can freely start gambling with no repercussions.
However, I would advise that you first do some research on the laws in your area and find out whether truly there are no repercussions. If you do not feel safe, you could always try using a VPN which will hide your personal information and will block others from tracking your data.
4. Supports sports.
All those different sports we can watch on TV are very important for a lot of people across the world. But, those people cannot directly affect and support those sports matches. Sure, by watching TV and ads, the players, coaches, managers, and even the stadiums are getting paid, but as we all know, TV and its ads are still slowly starting to fade away. A lot of us prefer online streaming services instead of cable TV.
Fortunately, sports betting allows a person to individually support the entire industry and help it grow further. If you were to ask a certain soccer team or the entire league, everyone would agree that betting should be completely legal in every country across the globe.
So, if everyone supports this idea, why are governments deciding against it? Why do they get to decide what is good or bad for us, when we obviously know the answer to this question? Usually, they defend their laws by making the same argument that it supports gambling addiction. Which takes me to the next point.
Source: Wall Street Journal.
5. By keeping it illegal, it creates gambling addiction stigmas.
In the previous paragraph, I talked about how governments use the argument that gambling enables addictive personalities. But, is that really true? Alcohol and cigarettes are one of the most commonly used addictive substances on this entire planet, but they are still very illegal almost everywhere. Why are not they banned by law?
Even that little argument that they have does not make any sense. It is much better to keep such addictive activities legal, removing the stigmas, and making addiction recovery from gambling much more acceptable and easier. In other words, making sports gambling completely legal can directly help people that have problems with their wagering addiction.
As you can see, there are a lot of reasons why sports gambling should be made completely legal considering that governments do not exactly have an explanation keeping it illegal. I hope that this article will change the minds of a lot of people.
5 Reasons Why Sports Betting Should be Legalized.
Sports betting has been extremely popular for years now; more and more people engage in it as the years pass. Even major sports media outlets have a dedicated section on their sites that specifically discuss odds and handicapping in various sports.
People nowadays see sports betting as a hobby to take instead of a form of gambling. Many people would agree with this. Not only that, the Supreme Court is allowing states to legalize sports betting, which will ultimately make sports betting legal in all states across the US.
The thing, however, is that sports betting should??™ve been legal long ago. It??™s only now that the government is making a move to legalize it. With its popularity continuing to grow, it makes no sense why the government took so long to legalize it. But of course, some people are against the notion of sports betting being legal. If you are one of those people, we are here to tell you the reasons why sports betting should be legalized.
It Contributes to the Sports Popularity.
It??™s no secret that fans of the sport become even more interested in watching the games when their money is also at play. Every action a team or a certain player does will always affect the odds and lines in sports betting, making the games more exciting. Because of sports betting, a lot more people will become more invested in the sport, making it more popular not only in the country but also in others.
If the sport is already so popular when betting isn??™t legal, imagine how much more popular it could be when sports betting becomes legal in all states? With legalization, viewership will increase, giving players more motivation to play and fans to watch the games.
Sports Betting is a Game of Skill.
Earlier this decade, when Daily fantasy sports (DFS) was introduced to sports betting fans, organizers managed to discover a loophole in anti-gambling laws. DFS was viewed as a game of skill, which set it apart from other forms of gambling. Because of this, DFS is not subjected to anti-gambling laws and is free to operate legally.
DFS is a game of skill, though. With the right knowledge and expertise, you can gain an advantage over other players, similar to poker. We??™re not saying that it??™s not a form of gambling. It??™s just the fact that with enough knowledge and wit, you can be ahead of others, making it more of a skill-based game. This begs why DFS is allowed to operate and is seen as a game of skill when it is similar to sports betting in this respect?
It can be Taxed.
Since not all states have legalized sports betting yet, illegal sports betting organizations aren??™t taxed by the government. Because of this, the community itself cannot benefit from their profits. This is one of the main arguments that sports betting fans have regarding legalizing sports betting.
With the legalization of sports betting organizations, the government can tax their profits and give back to the community through health programs, youth outreach projects, social aid, etc. That said, sports betting can be a huge benefit to the economy.
Opportunity for Business.
It??™s no secret that sports betting businesses rake in a lot of money regularly, especially when a huge sporting event happens. That said, if one looked at the revenue these businesses take in, one would be interested in delving into the sports betting industry.
Not only that, a lot of people want to spend the rest of their lives doing something related to sports. Not all people can do that, though, but a sports betting business can be a good alternative. With the legalization of sports betting, there??™s potential for a lot of sports betting businesses to pop up, further improving the country??™s economy.
A Solution to Game Fixing.
One of the biggest reasons some professional and college leagues are still opposed to sports betting is their concern about game-fixing. Back in the 90s, where athletes didn??™t earn even half of what the athletes earn today, it was a lot more common. But now that professional athletes already earn money close to 7 figures, it would be stupid of them to throw a game.
However, the college scene is different since college athletes don??™t get paid, but that is all the more reason to legalize sports betting. By legalizing it, sports betting organizations can come out of the shadows and be laid bare by giving transparency to their operations. This makes it easier for the federal government to scrutinize their operation and spot any malicious activities.
Takeaway.
There are a lot of benefits the country can enjoy when states decide to legalize sports betting. Not only would it make the economy grow, but it would also give more popularity to both major and minor sports. Not only that, it could solve the problem of game-fixing, which has been present for a long time now. There??™s literally nothing to lose. If you??™re interested in how sports betting sites work, click here to visit FanDuel.
Should Sports Betting Be Legalized?
Below is a selection of letters from readers who responded to our question about legalization.
In Congress, I represent the heart of Las Vegas, home of renowned gaming experts, regulators, casinos and sportsbooks. Accordingly, over the years Nevada has set the gold standard when it comes to sports betting, gambling regulation and consumer protections.
Those of us who have been involved in the industry know that a regulated market is better than an illegal one. Unfortunately, the Professional and Amateur Sports Protection Act has spawned an estimated $150 billion annual illegal sports betting market that lacks consumer protections, is ripe for manipulation, fuels other illicit activities and jeopardizes the integrity of sports leagues.
Allowing states and tribal sovereign governments to legalize sports betting could boost local economies, increase state revenues, and better protect both consumers and the industry, with Nevada showing the way.
DINA TITUS, LAS VEGAS.
It is infuriating to me that most Americans can legally bet on the future price of soybeans or a company??™s future profits, but not a sporting event.
CHRIS BENNETT, MINNEAPOLIS.
The writer formerly worked in a sportsbook in Las Vegas.
Generally I believe that governments should not be in the business of protecting adult citizens from themselves. But there are exceptions, and gambling is one of them. Gambling destroys people, devastates families and has no redeeming qualities.
So, no, don??™t legalize sports betting. In fact, it??™s high time we as a society banned all gambling, including casinos and state lotteries. It??™s time to end states??™ addiction to gambling revenue, which is nothing more than a tax on the poor.
And it??™s high time we cracked down on online gambling. We can levy large fines against violators and use the money to fund enforcement, offset state revenue losses, and train laid-off casino employees for desperately needed and much more productive infrastructure work.
LAWRENCE REICHARD, BELFAST, ME.
It??™s hard to believe that this argument is still going on. When it??™s clear that people will do a certain thing ??” and this runs the gamut from betting through drugs and liquor ??” we need to stop criminalizing the behavior and find ways to make it fairer, safer and cleaner.
One would think that Prohibition was the ultimate lesson in this regard. Wasn??™t anyone paying attention?
Recognizing that a behavior is inevitable at some level is not the same as condoning it. Making people who do these things into criminals doesn??™t benefit anyone. Educate young people about the dangers, write some rules, set some limits and collect the taxes that will benefit communities and fund treatment centers when a ???user??? requires that.
ANNE KELLEY, SAN FRANCISCO.
In all honesty, who cares, and what difference would it make anyway? Anti-gambling laws are completely unenforced, and no one is scared to place ???illegal??? bets. I am not a gambler, but I remember as a child hearing my grandfather whispering in the phone as he made bets on horse racing.
It??™s a far cry from that today, when people talk openly about gambling. There are more important things to worry about.
STEVE SANDMAN, SOUTH BEND, IND.
As with many other policy decisions in the United States, we are behind our European and Canadian counterparts when it comes to sports betting. In addition, many states have some sort of legalized gambling, from state lotteries to horse racing.
The vast majority of Americans who want to bet on sports are already doing so through offshore websites. People are going to bet on sports one way or another; why not collect some tax on it? Legalized betting will also increase ratings for sports events, as people who have bet on a game have a vested interest in watching.
Sports betting has been legal in many other countries for a long time and has not compromised the integrity of the sport. It??™s time the United States plays catch-up with the rest of the world.
JUSTIN PHASS FORT LAUDERDALE, FLA.
Sports betting should be legalized. Online sports betting has become an addiction much like gambling for teenagers and college students. This was recognized in 2013 when the American Psychiatric Association reclassified pathological gambling from an impulse control disorder to an addiction in its Diagnostic and Statistical Manual.
Sports fantasy sites openly target young men and are not held to the same legal standards as many casinos and other gambling institutions. Many casinos display brochures of Gamblers Anonymous and other treatment resources.
By legalizing online sports betting we will be able to ensure that those walking the line of addiction receive proper resources in order to enjoy their hobby in safe, regulated ways that do not overtake their lives.
SARA SHAH, NEW YORK.
Sports gambling should be legalized. First, it could be an important source of government revenue like the many state lotteries that have flourished under this form of voluntary taxation. Second, it??™s in our DNA; gambling has been a part of the human condition for some time. And third, because, as Damon Runyon once soberly put it, ???all life is 6-5 against.??? It??™s a bet we make every day we wake up.
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