Sports betting has rapidly grown over the last two decades, and it will continue as long as the popularity of sports continues to grow. Sports betting is prohibited in the United States, except in four states. The Professional and Amateur Sports Protection Act of 1992, also known as the “Bradley Act,” banned betting on sports everywhere except for Delaware, Nevada, Montana, and Oregon.
In the news recently, we have seen an uptick in talk about the potential of bringing sports gambling into the sports world all across the nation. Many have had the idea of this actually happening for a long time now, however, it has been just an afterthought. The idea of this actually happening is finally coming to fruition.
After years of debate, people are finally starting to come around to the idea. For good reason. Gambling has increasingly become a popular and accepted form of entertainment in the United States. More than half of people in the US support legalizing sports gambling.
If you aren’t in these four states where it is legal betting still occurs. People are just betting ‘underground’ instead. In today’s world, it is so easy just to bet on any sporting event. At the press of a button, hundreds of options appear in front of you, just as it would if you were in Las Vegas. Sports betting is a thriving business.
NBA commissioner Adam Silver has come out publicly on multiple occasions in the past few months and stated his desire to bring sports betting to the game. Silver, like many others, expressed his desire burns on the fact that this will only help sports attendance.
What these professional leagues seem to want to ignore is sports betting is happening literally everywhere — illegally. If you bring gambling into the game you may get a high volume of degenerates coming to games just solely on the idea to place more bets.
Legalizing betting has more benefits than one could imagine. It would take a significant chunk of business away from illegal offshore websites and bookies across the U.S. In the upcoming years, I would be shocked if sports betting isn’t legalized. Many people who are actually against the issue are not fully informed.
Bottom line is that gambling on sports would drive the industry. Anytime you have a chance to improve your industry, you must take it. It is great to see the idea finally come to life. After decades of dirty business happening this might take a turn for the better.
In the U.S. alone there is 400 billion dollars per year being gambled ‘underground.’ That number is preposterous. Could you imagine the benefits if we were able to incorporate this into the sports world? Numbers would double solely due to gambling.
The solution here seems to be an obvious one. We need to bring the underground gambling to light. In a way like never before, our sports world is about to be reshaped forever. Welcome to the new era.