It is 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 this illegal sports gambling was a business worth billions of dollars.
Illegal gambling in sports includes different types of activities. Many of these illegal bets on different sporting events are placed with sportsbooks or bookies. Internet gambling is a very popular means of gambling. Other sports activities are the ones that are illegal and linked to gambling such as dog fighting and cockfighting.
Illegal gambling in sports continues to be associated with organized crime for many years in America. In the 1920s and 1930s illegal sports gambling was a business for gang mobsters and they set up organized bookmaking across the nation. Emphasis was on horse racing at that time. Nevada legalized casino betting in 1931 and here too organized crime controlled a major portion of casino gambling business. Continental Wire Service and Trans America Wire were the two illegal wire services which were operated by mobsters.
In the 1950s the government came down hard on organized crime and forced 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. The majority of illegal books provide bookies which 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 recognized as illegal. News details regarding point spreads could 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 in the Constitution, claiming that readers just want to learn or find out about teams favored to become winners rather than 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 involve animals like dogs that happen to be trained and bred for this purpose and male chickens. This sort of animal fighting is normally in the rural areas but city police reports on dog fighting and cockfighting have increased and also this sport is the craze among gangs on the street. This type of illegal sports betting activity is a great concern to the authorities because of the weapons and large amounts of hard cash present in the fights.
The matter of illegal gambling in sports is really a question of grave concern. Minnesota laws make any sort of wager or bet illegal. It is best if the gambler learns all the laws associated with sports gambling in his state or area prior to placing bets on a sporting event. Many states declare sports gambling as illegal in the US excluding Nevada, Montana and one or two other states.