Sports Betting and Gambling

Sports betting is the general activity of predicting(the profession of accepting sports wagers) is highly
sports results by making a wager on the outcome ofregulated but not criminalized. Proponents of legalized
a sporting event. Perhaps more so than other formssports betting generally regard it as a hobby for sports
of gambling, the legality and general acceptance offans that increases their interest in particular sporting
sports betting varies from nation to nation. Sportsevents, thus benefiting the leagues, teams and players
betting has been around since the beginning of thethey bet on through higher attendances and television
United States, and the colonists were known to haveaudiences.
wagered on fighting, horse racing, and evenOpponents fear that, over and above the general
cockfighting. Gambling was a long-time tradition inramifications of gambling, it threatens the integrity of
England and it was only natural the colonists wouldamateur and professional sport, the history of which
bring their love of gambling across the ocean withincludes numerous attempts by sports gamblers to fix
them.matches, although proponents counter that legitimate
In the United States, the Professional and Amateurbookmakers will invariably fight corruption just as
Sports Protection Act of 1994 makes illegal to operatefiercely as governing bodies and law enforcement do.
a "betting, gambling or wagering scheme", except for inMost sports bettors are overall losers as the
the states of Delaware, Nevada, and Oregon. Nevada,bookmakers odds are fairly efficient. However, there
however, is the only state currently allowing sportsare professional sports bettors that make a good
gambling, while in many European nations bookmakingincome betting sports.