It’s estimated that only 1-3% of sports betting activities are accounted for from the Nevada Sports books and the majority of the betting is definitely the illegal gambling in sports. The FBI estimated in 1998 that this illegal sports gambling was a business worth billions of dollars.
Illegal gambling in sports consists of various kinds of activities. Most of these illegal bets on different competitive sports are placed with sportsbooks or bookies. Internet gambling is a very popular means of gambling. Other sports activities are the ones that happen to be illegal and linked to gambling such as dog fighting and cockfighting.
Illegal gambling in sports continues to be connected with organized crime for many years in the US. In the 1920s and 1930s illegal sports gambling was a business for gang mobsters and they also set up organized bookmaking around the nation. Focus was on horse racing at that time. 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 two illegal wire services that 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 bought out by corporations, and also the mob took over the illegal bookmaking business. Most illegal books provide bookies that are illegal methods for spreading risks on wagers.
The act 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 only for entertainment and informational purposes but a majority of US newspapers still release 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 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 the US in spite of the unsavory reputation it’s got. These staged fights involve animals like dogs that happen to be trained and bred for this purpose and male chickens. This sort of animal fighting is normally within the rural areas but city police reports on dog fighting and cockfighting have increased and this sport is the rage among gangs in the street. This kind of illegal sports betting activity is a great concern to 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 finds out all the laws associated with sports gambling in his state or area prior to placing bets on a sporting event. Most states declare sports gambling as illegal in the United States excluding Nevada, Montana and one or two additional states.