It’s estimated that only 1-3% of sports gambling activities are taken into account in the Nevada Sports books and the majority of the betting 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 consists of different types of activities. Many of these illegal bets on different competitive sports are placed with sportsbooks or bookies. Internet gambling is an extremely popular method of gambling. Other sporting events are the ones that happen to be illegal and associated with 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 was a business for gang mobsters and they also established 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 significant 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 federal government came down hard on organized crime and forced the mobsters out from the casino industry in Nevada. They were then taken over by corporations, and the mob took over the illegal bookmaking business. Most illegal books provide bookies which 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 could be reported just for entertainment and informational purposes but a majority of US newspapers still release betting lines. This practice is defended by way of the Newspaper Association of America as “free speech” under the First Amendment in the Constitution, proclaiming that readers just want to learn or find out about teams favored to be winners rather than for betting.
Some other illegal gambling in sports involves animal fights that take place in the US in spite of the unsavory reputation it has. These staged fights involve animals such as dogs that are trained and bred for this specific purpose and male chickens. This type of animal fighting is normally in the rural areas but city police reports on dog fighting and cockfighting have risen and also this sport has become the rage among gangs on the street. This kind of illegal sports betting activity is a great concern to the authorities due to the weapons and huge amounts of hard cash present at the fights.
The issue of illegal gambling in sports is a matter of grave concern. Minnesota laws make any sort of wager or bet illegal. It’s advisable if the gambler learns all of the laws associated with sports gambling in his state or area prior to placing bets over a sporting event. Most states declare sports betting as illegal in the United States excluding Nevada, Montana and one or two other states.