Sports Betting

Sports Betting

Sports Betting is the act of predicting a sports scores and placing an “x” amount of money on the results. This past May, the U.S. Supreme Court finalized that states may partake in allowing their residents to sports bet. The jurisdiction overruled the PASPA (Professional and Amateur Sports Protection Act) which was a law passed in 1992 that banned states from the sponsoring of this form of gambling. The opponents of this law worry that betting will encourage its participants and affiliated members to cheat. Those is favor of the new law claim it will benefit the state governments for funding and helping out with things such as Medicaid, 401 K’s, and social security.

The U.S. has a lengthy reputation for sports betting, even before it became legal. When organized crime took over the economy in the mid-20th century, the representatives of the U.S. acted by “passing gambling legislation aimed at stamping out the spread of sports betting”. Over the course of time the American appetite has longed for the freedom to be able to be in favor of establishing their own gaming legislation without federal consent. Due to the allowance of projects such as lotteries and casino games, it played in the favor of their approval.

“Sports Betting Poll Results.” ISideWith, www.isidewith.com/poll/3473758524.

“A History of Sports Betting in the United States: Gambling Laws and Outlaws.” SportsHandle, 12 Apr. 2018, sportshandle.com/gambling-laws-legislation-united-states-history/.