It is estimated that only 1-3% of sports betting activities are accounted for in the Nevada Sports books and quite a few 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 includes different types of activities. Most 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 those 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 established organized bookmaking across the nation. Focus was on horse racing during those times. Nevada legalized casino betting in 1931 and here too organized crime managed a major 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 of the casino industry in Nevada. They were then taken over by corporations, and the mob took over the illegal bookmaking business. The majority of illegal books provide bookies which are illegal ways of 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 may be reported just 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, claiming that readers only want to learn or read about teams favored to become winners instead of for betting.
Some other illegal gambling in sports involves animal fights that occur in the US in spite of the unsavory reputation it has. These staged fights include animals such as dogs that happen to be trained and bred for this purpose and male chickens. This type of animal fighting is usually in the rural areas but city police reports on dog fighting and cockfighting have increased and also this sport has become the craze among gangs on the street. This kind 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 matter of illegal gambling in sports is a question of grave concern. Minnesota laws make any type of wager or bet illegal. It’s advisable if the bettor finds out all of the laws associated with sports gambling in his state or area before placing bets on a sporting event. Many states declare sports betting as illegal in the United States except for Nevada, Montana and one or two other states.