Paradox underlying in the governments rejection of legalising sports betting is exposed mercilessly by technology. It cannot be denied that to place any sports bet online is the simplest thing to do today. Absolutely anyone can use either their PC or mobile phone to wager on the results of any sporting event. When such is the present day scenario, it is highly perplexing to see governments sticking adamantly to their stand of categorising sports betting as illegal.
A Call for Reasoning
Simple estimate of the turnover of sports bets as per the American Gaming Association (AGA) is a staggering $11 billion per year. A hugely astounding sum, considering that sports betting does not enjoy a legal status in most states. This obviously raises the question of why ban this when there is not an iota of success in curbing it. Adding to the confusion is the government’s clearance of a few online sites to carry out betting. On the grounds that fantasy sports are not based purely on gambling, but are skill based, sports betting carried out by fantasy sports companies have been given the green signal by the government.
Betting and Gaining Empathy
A large majority of the public opine that to sustain their interest in a game for a longer period of time, betting is helpful. Thus, not minding whether it has the sanction of the state or not, many of the fans of baseball and football go ahead and place their bets on the online platforms. Easy access to sports betting is undoubtedly a huge factor in higher prevalence of betting today. Significantly, as bets can be wagered in any amount, it has further attracted a huge section of the populace. Overall, the argument now veers around the fact among the supporters of sports betting that betting is likely to bring in more fans, which is basically good for the development of the sports as such.
Benefits for the State
Other proponents of sports betting extend the argument that if a state allows betting, there naturally would be more activity in that state, which would in turn propel the economy of the state. With sports betting becoming an organised industry, observers feel that while many sections are raking in money out of the activity, the state is now left bereft of any benefit economically out of this flourishing activity. Therefore, it would make more sense for the states to legalise sports betting than to stay aloof and be a loser in these days of technology.
Repercussions for the State and the Individuals
Legalising sports betting would mean that the states need not try in vain to restrain people from carrying out an activity, which they are now indulging in abundantly. With the advent of smart phones and access to newer technologies, participating in sports betting seems to be one of the easiest things to do. But for the individuals, their fortune in winning a bet is not likely to change whether it is legalised or not!