It’s estimated that only 1-3% of sports betting activities are taken into account in the Nevada Sports books and quite a few of the gambling is definitely the illegal gambling in sports. The FBI estimated in 1998 this illegal sports gambling was a business worth billions of dollars.
Illegal gambling in sports includes different types of activities. Most of these illegal bets on various sporting events are placed with sportsbooks or bookies. Internet gambling is an extremely popular means of gambling. Other sports activities are the ones that are illegal and associated with gambling such as dog fighting and cockfighting.
Illegal gambling in sports continues to be connected with organized crime for many years in America. In the 1920s and 1930s illegal sports gambling was a business for gang mobsters and they also established organized bookmaking across the nation. Emphasis was on horse racing at that time. Nevada legalized casino betting in 1931 and here too organized crime controlled a major percentage of casino gambling business. Continental Wire Service and Trans America Wire were the two illegal wire services which were operated by mobsters.
In the 1950s the federal government came down hard on organized crime and forced the mobsters out from the casino industry in Nevada. They were then bought out by corporations, and also the mob took over the illegal bookmaking business. The majority of illegal books provide bookies that are illegal methods for spreading risks on wagers.
The act of transmitting wagering and gambling information and details across state lines for either taking or placing bets is considered illegal. News details regarding point spreads may be reported only for entertainment and informational purposes but many US newspapers still publish betting lines. This practice is defended by the Newspaper Association of America as “free speech” under the First Amendment in the Constitution, proclaiming that readers only want to learn or find out about teams favored to become winners rather than for betting.
Some other illegal gambling in sports involves animal fights that take place in the US in spite of the unsavory reputation it’s got. These staged fights involve animals such as dogs that are trained and bred for this purpose and male chickens. This type of animal fighting is normally in the rural areas but city police reports on dog fighting and cockfighting have risen and this sport is the rage among gangs in the street. This type of illegal sports betting activity is a great problem for the authorities due to the weapons and large quantities of hard cash present in the fights.
The issue of illegal gambling in sports is a question of grave concern. Minnesota laws make any sort of wager or bet illegal. It’s advisable if the bettor learns all of the laws associated with sports gambling in his state or area before placing bets over a sporting event. Most states declare sports betting as illegal in the US excluding Nevada, Montana and one or two other states.