It’s estimated that only 1-3% of sports gambling activities are accounted for from the Nevada Sports books and the majority of the gambling is the illegal gambling in sports. The FBI estimated in 1998 this illegal sports gambling was a business worth billions of dollars.
Illegal gambling in sports includes different types 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 those that are illegal and associated with gambling like dog fighting and cockfighting.
Illegal gambling in sports has been connected with organized crime for many years in America. In the 1920s and 1930s illegal sports gambling was a business for gang mobsters and they set up organized bookmaking around the nation. Emphasis was on horse racing at that time. Nevada legalized casino betting in 1931 and here too organized crime controlled a major percentage of casino gambling business. Continental Wire Service and Trans America Wire were the 2 main illegal wire services which were operated by mobsters.
In the 1950s the government came down hard on organized crime and drove the mobsters out of the casino industry in Nevada. These were then bought out by corporations, and also the mob took over the illegal bookmaking business. The majority of 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 recognized as illegal. News details concerning point spreads may be reported only 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 of the Constitution, proclaiming that readers just want to learn or read about teams favored to be winners instead of for betting.
Some other illegal gambling in sports involves animal fights that occur in America in spite of the unsavory reputation it’s got. These staged fights include animals like dogs that are trained and bred for this specific purpose and male chickens. This type of animal fighting is usually within the rural areas but city police reports on dog fighting and cockfighting have risen and also this sport is the rage among gangs on the street. This type of illegal sports betting activity is a great concern for the authorities because of the weapons and huge quantities of hard cash present in the fights.
The issue of illegal gambling in sports is a question of grave concern. Minnesota laws make any type of wager or bet illegal. It is best if the bettor learns all of the laws associated with sports gambling within his state or area before placing bets on a sporting event. Many states declare sports gambling as illegal in the US excluding Nevada, Montana and one or two other states.