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 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 consists of various kinds of activities. Most of these illegal bets on different sporting events are put with sportsbooks or bookies. Internet gambling is an extremely popular means of gambling. Other sporting events are the ones that are illegal and linked to gambling like dog fighting and cockfighting.
Illegal gambling in sports continues to be associated with organized crime for many years in America. In the 1920s and 1930s illegal sports gambling had been a business for gang mobsters and they set up organized bookmaking around the nation. Emphasis was on horse racing during those times. Nevada legalized casino betting in 1931 and here too organized crime controlled a major portion 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 of the casino industry in Nevada. These were then taken over by corporations, and also the mob took over the illegal bookmaking business. Most illegal books provide bookies that are illegal methods for spreading risks on wagers.
The action 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 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 in the Constitution, claiming 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 occur in America regardless of the unsavory reputation it’s got. These staged fights include animals such as dogs that are trained and bred for this purpose and male chickens. This type of animal fighting is usually in the rural areas but city police reports on dog fighting and cockfighting have increased and this sport has become the rage among gangs in the street. This type of illegal sports betting activity is a great problem for the authorities because of the weapons and large amounts of hard cash present at the fights.
The matter of illegal gambling in sports is really a question of grave concern. Minnesota laws make any type of wager or bet illegal. It’s advisable if the gambler finds out all the laws relating to sports gambling in his state or area prior to placing bets over a sporting event. Many states declare sports betting as illegal in the United States except for Nevada, Montana and one or two additional states.