Sports betting is banned in United States except for the four states like Nevada, Delaware, Montana and Oregon. Since popularity for sports usually exists in all parts of the world, sports betting never failed to gain the attraction of the gamblers and it started to grow rapidly even before it was made legal. People used to fix games and play it illegally that caused many social ills.
Advantages of Regulated Sports Betting
Legalizing the sports betting generates billions of revenue for the country every year. The American Gaming Association and American sports betting making debates on the benefits of regulated esports betting with some of the legitimate sites like centsports.com. Some of the potential benefits of legalizing sports betting are
- Extra Income – The aim of many gamblers wager on sports betting to create extra solid money. Online betting has become a part-time for many for generating additional income without sacrificing the security of guaranteed salary
- Decrease Crime in Sports – The major objective in legalizing the sports betting is to prevent the minors into gambling and reduce the crime of match fixing. Illegal betting eventually reduces the morale of the game and certainly a crime under criminal law subjected to severe punishment and life time ban in the game.
- Creates More Jobs – Licensed sports book like cent sports generate job opportunities for many citizens. With the rising demand of many sites, the increasing traffic bringing more revenues to sites leading to the necessity of more developers to construct better sites to stay in the competition against the competitors.
Millions of people in the country want a safe and secure way to wager games. Legalization of sports betting resulted in good revenue for the government because of voluntary taxation. It doesn’t limit with these benefits rather it has countless number of potential benefits.