It is estimated that only 1-3% of sports gambling activities are accounted for in the Nevada Sports books and the majority of the gambling is the illegal gambling in sports. The FBI believed in 1998 this illegal sports gambling was an industry worth billions of dollars.
Illegal gambling in sports consists of different types of activities. Most of these illegal bets on various competitive sports are put with sportsbooks or bookies. Internet gambling is a very popular means of gambling. Other sporting events are those that happen to be illegal and associated with gambling such as dog fighting and cockfighting.
Illegal gambling in sports has been connected with organized crime for a long time 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 at that time. Nevada legalized casino betting in 1931 and here too organized crime controlled a significant portion 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. Most illegal books provide bookies which are illegal ways of spreading risks on wagers.
The act 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 could be reported only for entertainment and informational purposes but many 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, proclaiming that readers only 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 take place in America regardless 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 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 problem to the authorities due to the weapons and large amounts of hard cash present at the fights.
The matter of illegal gambling in sports is really a matter of grave concern. Minnesota laws make any sort of wager or bet illegal. It’s advisable if the bettor learns all of 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 US except for Nevada, Montana and one or two additional states.