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 betting 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 various kinds of activities. Many of these illegal bets on various sporting events are placed with sportsbooks or bookies. Internet gambling is a very popular means of gambling. Other sports activities are the ones that happen to be illegal and linked to gambling like dog fighting and cockfighting.
Illegal gambling in sports has been connected with organized crime for a long time in the US. In the 1920s and 1930s illegal sports gambling was a business for gang mobsters and they also established organized bookmaking across the nation. Focus 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 that were operated by mobsters.
In the 1950s the government came down hard on organized crime and drove the mobsters out of the casino industry in Nevada. These were then taken over by corporations, and also the mob took over the illegal bookmaking business. The majority of 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 recognized as illegal. News details regarding point spreads may be reported just for entertainment and informational purposes but a majority of US newspapers still publish betting lines. This practice is defended by the Newspaper Association of America as “free speech” under the First Amendment of the Constitution, claiming that readers only want to learn or find out about teams favored to become winners rather than for betting.
Other illegal gambling in sports involves animal fights that take place in America in spite of the unsavory reputation it’s got. These staged fights include animals like dogs that are trained and bred for this purpose and male chickens. This sort of animal fighting is usually within the rural areas but city police reports on dog fighting and cockfighting have increased and this sport has become the craze among gangs in the street. This type of illegal sports betting activity is a great problem to the authorities due to the weapons and large quantities of hard cash present at the fights.
The issue of illegal gambling in sports is really a question of grave concern. Minnesota laws make any type of wager or bet illegal. It is best if the bettor learns all the laws relating to sports gambling within his state or area before placing bets over a sporting event. Most states declare sports gambling as illegal in the US excluding Nevada, Montana and one or two additional states.