Is It Illegal To Bet On Online Sports?
In 2006, the United States got what it had been attempting to do for a long time, criminalize online sports betting for all citizens. Internet gambling, however, was and remains to this day a complicated issue. The Interstate Wire Act of 1961 was passed to stop sports gambling activity conducted over the telephone. Many people have been confused as to whether this act also applies to the Internet. As the act was enacted prior to the invention of the Internet, nobody was confident whether the law applied or not. Further, the act did not specify the type of gambling it was intended to control. Did it apply to all sorts of gambling or was it just betting on sports?
Only one thing was certain when it came to this topic after 2006 The government was going to pursue anyone that ran a gambling website until the day they shut down. The government wasn’t messing around when it came to this issue. They were going after the source of the issue, and as a result there would be no more problems with gambling on sports. All they had to do was target a few hundred website owners, and the millions of individuals that were gambling online would be forced to quit.
Sports gambling and its legality is a hot button issue right now. The opposition believes that games can be more easily fixed and rigged this way. Professional sports have a much lower likelihood for them to be fixed, as there are too many players and professionals involved to really be able to fix every game that’s put on. People who support sports betting cite it as something that adds to the entertainment value of the game, and it doesn’t do anyone any harm. Personally, I think that sports gambling is a bad idea that drains your finances quickly.
I have known many sports gamblers throughout the years and every one began small with $5 or $10 bets. Ultimately, they hit a bad streak and lose everything, always thinking that they only need one win to get it all back. As an example, if you lose ten times back to back, you can drop a great deal of money. 1st bet: $100, 2nd bet: $200, 3rd bet $300, 4th bet $600, 5th bet $1,200, 6th bet $2,400, 7th bet $4,800, 8th bet $9,600, 9th bet $19,200, 10th bet $38,400. As you can see, if you begin by betting just $100 and try to get even as you are losing ten times running, it makes a total that you lose of $76,800. I can imagine what you may be thinking. Who would do something like this? People have gotten wrapped up in it and I have witnessed it firsthand. Sports betting is extremely emotional and at times you do not use your brains but rather bet on that emotion.
Recently, people have been discussing legalizing online gambling, as long as the government taxes the winnings, so that the government can make money. I sincerely hope this never comes to fruition, due to the damage it can do in a person’s life. Gambling can often be the downfall of many a family. If I were in charge, the issue of legalizing online gambling in American would never come up.
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