Illegal betting in sports activities

It is estimated that only 1-3% of sports betting activities are taken into account from the Nevada Sports books and quite a few of the gambling is definitely the illegal gambling in sports. The FBI estimated in 1998 that this illegal sports gambling was an industry worth billions of dollars.

Illegal gambling in sports includes different types of activities. Most of these illegal bets on various competitive sports are put with sportsbooks or bookies. Internet gambling is an extremely popular method of gambling. Other sporting events are those that happen to be illegal and linked to gambling like dog fighting and cockfighting.

Illegal gambling in sports has been associated with organized crime for many years in the US. In the 1920s and 1930s illegal sports gambling was a business for gang mobsters and they set up organized bookmaking around the nation. Focus was on horse racing at that time. Nevada legalized casino betting in 1931 and here too organized crime controlled a significant percentage of casino gambling business. Continental Wire Service and Trans America Wire were the 2 main illegal wire services which were operated by mobsters.

In the 1950s the government came down hard on organized crime and forced the mobsters out of the casino industry in Nevada. They were then bought out by corporations, and also the mob took over the illegal bookmaking business. Most illegal books provide bookies that are illegal ways of spreading risks on wagers.

The action of transmitting wagering and gambling information and details across state lines for either taking or placing bets is considered illegal. News details concerning point spreads may be reported only for entertainment and informational purposes but a majority of US newspapers still publish betting lines. This practice is defended by way of the Newspaper Association of America as “free speech” under the First Amendment in the Constitution, claiming that readers just want to learn or find out about teams favored to become winners instead of for betting.

Some other illegal gambling in sports involves animal fights that take place in the US regardless of the unsavory reputation it has. These staged fights involve animals like dogs that are trained and bred for this purpose and male chickens. This type of animal fighting is normally within the rural areas but city police reports on dog fighting and cockfighting have increased and also this sport has become the craze among gangs in the street. This type of illegal sports betting activity is a great concern for the authorities due to the weapons and huge quantities of hard cash present in the fights.

The matter of illegal gambling in sports is a question of grave concern. Minnesota laws make any type of wager or bet illegal. It is best if the gambler finds out all the laws associated with sports gambling within his state or area prior to placing bets on a sporting event. Most states declare sports betting as illegal in the United States excluding Nevada, Montana and one or two additional states.