Illegal gambling in sports

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 the illegal gambling in sports. The FBI believed in 1998 that this illegal sports gambling was an industry worth billions of dollars.

Illegal gambling in sports includes various kinds of activities. Many of these illegal bets on various sporting events are placed with sportsbooks or bookies. Internet gambling is an extremely popular method of gambling. Other sports activities are the ones that are illegal and associated with gambling like dog fighting and cockfighting.

Illegal gambling in sports continues to be 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 across the nation. Emphasis was on horse racing at that time. Nevada legalized casino betting in 1931 and here too organized crime managed a major portion 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 from the casino industry in Nevada. They were then taken over 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 act 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 could be reported just for entertainment and informational purposes but many US newspapers still release betting lines. This practice is defended by the Newspaper Association of America as “free speech” under the First Amendment of the Constitution, proclaiming that readers only want to learn or find out about teams favored to be winners instead of for betting.

Other illegal gambling in sports involves animal fights that take place in America regardless of the unsavory reputation it has. These staged fights include animals like dogs that happen to be trained and bred for this purpose and male chickens. This type of animal fighting is usually within the rural areas but city police reports on dog fighting and cockfighting have risen and this sport is the craze among gangs on the street. This type of illegal sports betting activity is a great concern for the authorities because of the weapons and large quantities of hard cash present in the fights.

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