Previously, one of the main arguments against legalizing sports betting was that players and officials would be tempted to rig games. But this began to look controversial after the boom in illegal gambling through online bookmakers. Many sports organizations and law enforcement agencies argue that the best way to combat match — fixing is to bring sports betting out of the shadows. Whatever the risks, the potential tax gain from legalization may be too attractive to miss. By legalizing betting in 2018, the US launched the largest experiment in the history of sports gambling.
Sports betting is legal from Australia to Western Europe. But they thrive even in places where gambling is banned. Information the Swiss company Sportradar AG monitors the markets for fraudulent activity. They estimate the annual volume of bets at 1.5 trillion euros (1.7 trillion dollars). And most of them pass through unregulated markets. In the United States, where a 1992 law banned betting everywhere except in Nevada, annual illegal sports betting is estimated at $ 50-150 billion. However, the situation changed after the us Supreme court overturned the 1992 law, exempting new Jersey from the ban on sports gambling and other States followed suit. 13 States currently have legal sports betting and this number is growing.
The Internet has made betting modern. Players can now bet at home or on the road using their smartphone. You can bet on almost any professional sport, not only on winners and losers, but also on small details: the number of fouls or the winner of the third set in a tennis match. This allows players to earn on their Providence, but also expands the opportunities for bribery.
Match-fixing scandals have stirred up not only football, but also cricket, tennis, and even sumo. It’s been a century since eight Chicago white SOx players were banned from baseball for life after the 1919 World series. To counter such threats, sports organizations such as the international Olympic Committee and the NBA have partnered with data collection companies to track suspicious bets.
The strongest argument in favor of legalization is that sports betting continues regardless of whether the law allows it, so why not regulate and tax it? This gives players greater confidence that they will not be deceived, and brings money to the state budget, which is still going into the pockets of illegal bookmakers or even organized crime. Opponents say the benefits don’t justify the social costs of gambling, from gambling addictions to falling into debt. according to research, four out of ten Australians who bet on sports have a gambling problem. Skeptics argue that bookmakers should be subject to the same advertising restrictions as tobacco and alcohol to protect vulnerable young people.
Athletes and scientists also warn of a growing gambling culture around sports, in which the focus is on betting rather than the pleasure or frustration of sporting events themselves. Fatalists are convinced that betting cholera can no longer be stopped, it turns all matches into agreements and poses the same threat to the purity of sports as doping.