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Gambling and Sports

In: Social Issues

Submitted By dickfitsright
Words 1013
Pages 5
Should Sports Gambling Be Legalized?

Gambling is a common practice throughout human history, one that appeals to the individual’s desire for gain and offers the thrill of risk or uncertainty. Sports gambling is the “wagering of money or other items of value on the outcome of a sporting event, dependent either wholly or in part on chance” (Thompson, 2008, p. 1). Sports gambling generates billions of dollars annually, with large events like the Super Bowl or World Series alone able to generate wagers in the billions of dollars. This research will explore the arguments of those who oppose sports gambling and those who support it in order to answer the question: Should sports gambling be legalized? There are many individuals who support sports gambling. Though it is illegal in all states but Nevada to wager on individual sporting events in the U.S., a majority of sports gambling takes place between individuals or via Internet Web sites whose origins are offshore. Advocates of sports gambling argue it is a lucrative business that brings in billions of dollars of revenue, provides jobs, and offers consumers an opportunity for gain as well as a thrilling and even mesmerizing activity. As Headley (2007) notes, those individuals who support sports gambling often view it as a leisure activity where wise betting can payoff better than any kind of investment: “Many gamblers believe that gambling on sports will provide both an entertainment outlet and a way to work smarter, not harder, to make money” (p. 1). From office polls on sporting events to wagers in casinos or over the Internet, it is difficult to rigidly enforce sports gambling laws. Those who support sports gambling also point to the fact that it is legal to bet on some sports already. For example, it is legal to bet on the sport of Jai Alai in Florida and a few others states...

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