...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...
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...Why can three in four kids able to tell you the name of at least one sporting brand? Why are teenagers more likely to wind up heavily on gambling, as compared to adults? My answer for these questions is answered in two parts. Firstly, there are two many gambling advertisements on sports betting broadcasts, negatively influencing kids and adolescents into gambling. Every night, as I watch the footy on Channel 7 with my kids, there will always be an excessive number of ads broadcasted along the boundaries of the MCG Oval and during the footy break. With these much advertising, I can't find a reason why kids as young as my 12-year-old son won't gamble with his mates in the future. Yes, the AFL controls and dictate the game of football, but they also manipulate the actions of football fans and young children. They don't just convince us to enjoy the game of football, but also convince us to use odds and chances, so that they can earn their mega million profit from it. Yes, most people do not view the AFL in this perspective, but this is the reality and if it doesn't stop, the future generations will be heavily affected....
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...Currently Sports betting is illegal everywhere in the United States except Nevada. Ian McGugan writes “The Case for Legalized Gambling on Sports” for the New York Times in January, 2015. He doesn’t pick a side but does list the pros and cons for the legalization of sports gambling. I believe that the legalization of sports gambling will overall benefit the sports economy, help prevent of match fixing and eliminate the gambling that already occurs. Adam Silver the new NBA commissioner declared he was in favor of legalizing sports betting. He wrote that adapting to the market and regulating the “400 billion a year” (McGugan) industry would benefit the NBA. Illegal sports gambling is rampant and widespread, with current technology sports gambling...
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...The Legalization of Sports Gambling Each year more than $380 billion is wagered legally and illegally on sports (CNN.com). It’s estimated that only about 4% or roughly $1.5 billion is wagered legally in the state of Nevada, the only state where sports gambling is legal. The majority of the wagers are placed either thru local bookies or online sportsbooks based outside of the United States in an attempt to avoid prosecution from the US government. The US government is missing out on an opportunity. This illegal activity could be legalized which would in turn lead to much needed additional revenue and creation of additional jobs. Sports gambling is a big business, currently the only people capitalizing on this business is the state of Nevada,...
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...betting on players and different sports teams. Gambling is usually a game of luck, but in sports gambling there is often some skill involved. The problem with “skillful gambling” is that it goes straight to the gamblers head because he thinks he knows who will play well and who won’t. In reality no one knows how the player will play; not even the player himself. “The ban on sports betting does exactly what the prohibition did. It makes criminals rich. (James Surowiecki)” Out of the fifty states in the USA, only Delaware and Nevada allow gambling on sporting events. American citizens have lost a combined...
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...wife’s second childbirth. Every Sunday, John and a group of his colleagues go to local sports bars and watch the NFL game while they order food and beers and converse primarily over business and the likelihood of whether or not their favorite teams will prevail. When the friends disagree over a game’s outcome, actions are quickly made as the various men find themselves taking money out of their pockets and throwing it on the pool table, all agreeing that the winner will walk with it all. As John takes the money out of his pocket he is immediately conflicted, debating to himself mentally if he should risk...
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...executive director of the N.C.A.A., Cedric W. Demsey, in his 1997 State of the Association address called gambling the most serious threat facing intercollegiate athletics(Naughton A52). At the heart of the gambling problem on college campuses is college sports gambling. Gambling on college sports has two major impacts. First, gambling on sports just like casino gambling is addictive. Secondly, gambling on college sports has hurt the integrity of college athletics. Because gambling on college sports is causing negative consequences for college students, athletes, and athletic games, the U.S. government should ban all gambling on college sports, and steps should be taken to decrease the prevalence of illegal and Internet gambling on college campuses. On March 19, 1931, the Nevada state government voted to legalize gambling. At this time no one had ever heard of the term, sports book . It would be some forty years later before the first sports book would open up in Las Vegas. The Union Plaza Hotel in downtown Las Vegas opened the first casino sports book in 1975. A sports book is a place where a bet can be made on a sporting event. Nevada is the only state where a person can bet on an individual game or sporting event legally. A person can bet on almost every professional sport, along with some collegiate sports, which mainly consist of men s basketball and football. The sports books in Las Vegas each have huge electronic odds boards that tell which teams are playing, the team that...
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...Profitable Sports Gambling Fabián Enrique Moya B.Sc., Anáhuac University, 2001 Project Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Science Statistical Methodology for by Department of Statistics and Actuarial Science Faculty of Science in the SIMON FRASER UNIVERSITY Summer 2012 © Fabián Enrique Moya 2012 All rights reserved. However, in accordance with the Copyright Act of Canada, this work may be reproduced, without authorization, under the conditions for “Fair Dealing.” Therefore, limited reproduction of this work for the purposes of private study, research, criticism, review and news reporting is likely to be in accordance with the law, particularly if cited appropriately. Approval Name: Degree: Title of Project: Examining Committee: Fabián Enrique Moya Master of Science (Applied Statistics) STATISTICAL METHODOLOGY FOR PROFITABLE SPORTS GAMBLING Chair: Dr. Carl Schwarz, Professor Dr. Tim Swartz Senior Supervisor Professor Dr. Paramjit Gill Committee Member Professor, Department of Mathematics and Statistics University of British Columbia – Okanagan Dr. Joan Hu External Examiner Professor Date Defended/Approved: July 24, 2012 ii Partial Copyright Licence The author, whose copyright is declared on the title page of this work, has granted to Simon Fraser University the right to lend this thesis, project or extended essay to users if the Simon Fraser University Library, and to make partial or...
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...events, gambling as also been around for thousands of years. Betting on sports has been seen as a taboo in the United States ever since professional leagues were created more than a century ago but has become increasingly popular over the past ten years. The PASPA (Professional and Amateur Sports Protection Act) has tried to stop sports betting in America. But, in 2016, sports gambling persists and according to Daniel Wann, Ryan Zapalac, Frederick Grieves and others is even bigger than ever with more than 3.45 billion dollars legally gambled in Nevada alone and is projected even more money is illegally gambled (22). With so much money circulating...
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...in the United States Gambling has been a popular activity in the United States from the 1600’s to the present day United States. As gambling grows as a worldwide enterprise, it expands the United States with the opportunities it provides and the attention it consumes. Gambling as a whole benefits different recreational activities and events such as sports. Gambling also allows people visiting places like Las Vegas to enjoy playing poker with friends and even winning money after a game of poker or Slot Machine. Gambling allows many activities to be expanded to their full potential and offer people the full American experience. The legalization of gambling is rising in all parts of the United States, although...
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...Broadcasting Services Amendment (Advertising for Sports Betting) Bill 2013 No. , 2013 (Mr Bandt) A Bill for an Act to amend the Broadcasting Services Act 1992, and for related purposes Contents 1 Short title 1 2 Commencement 1 3 Schedule(s) 2 Schedule 1—Amendments in relation to quoting and advertising odds for sports betting 3 Broadcasting Services Act 1992 3 A Bill for an Act to amend the Broadcasting Services Act 1992, and for related purposes The Parliament of Australia enacts: 1 Short title This Act may be cited as the Broadcasting Services Amendment (Advertising for Sports Betting) Act 2013. 2 Commencement This Act commences on the day this Act receives the Royal Assent. 3 Schedule(s) Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms. Schedule 1—Amendments in relation to quoting and advertising odds for sports betting Broadcasting Services Act 1992 1 After clause 7A of Schedule 2 Insert: 7ABConditions about advertisements or information relating to gambling and odds for sports betting (1) A licence allocated under section 38C is subject to the condition that the licensee must not broadcast: (a) an advertisement providing information about odds for sports betting; or (b) an advertisement about the provision of gambling services at any time before 9 pm; or (c)...
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...History of Sports betting in the American Culture Sport betting was a natural part of the culture of the early Americans. Between then and now, the sport betting industry has dramatically increased in popularity and has adapted with changes along the way. Americans, as a society, often frown upon anything to do with gambling and view it as a vice, however, there are some advantages to what the Sports Betting industry can offer should it be made legal. Sports betting(and gambling in general) can lead to a destructive lifestyle, is the cause of many strained relationships as well as cause a huge deficit of debt for someone, among other consequences. Americans know these ramifications and continue to part take in the action but obviously not for those reasons. Sport betting socially has its benefits as well such as winning money, fun and excitement, and even getting out of debt. Sports betting in America is a national past time in its own right and the idea of legalizing it has been a constant battle among it’s lawmakers. The founders of the United States were risk-takers by nature, hence the obvious attraction to gambling in all forms. Back then, people bet on makeshift horse races, cockfights and bare-knuckle brawls since there was not much else. Colonists from England had gambling in their blood since their fathers and grandfathers had been doing it for generations - not only in hopes of a profit but also as a form on leisure and entertainment(California Libraries, Web)...
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...Professional and Amateur Sports Protection Act Rough Draft Sports’ gambling is a billion dollar industry and has been since the beginning of the United States. Many colonists were known to bet on things like fighting and even horse racing. Gambling is not something that has just sparked up a conversation recently; it’s been an issue for years. As much money as it has made the government does not see a penny of what is made from it. The Professional and Amateur Sports Protection Act (PASPA), formed in 1992, made it so sports’ gambling would only be legal in four states: Nevada, Oregon, Delaware, and Montana. With the creation of this law 46 states were prohibited from legally allowing money to be bet on sporting events. The bill was signed...
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...Internet Gambling Just Won’t Go Away! “I betcha”. We’ve all said it, starting back when we were little kids. “Betcha I can beat you to the end of the block”, or “Bet I can eat more hot dogs than you!” Even the dreaded “triple-dog-dare” is nothing but a thinly-veiled disguise on a bet to challenge your peer. Gambling has been around since the beginning of recorded time. The Bible spoke of “casting lots”, a precursor to dice; and, since gambling is centered in covetousness and greed (two very big no-no’s, according to the good book), there is a strong moral stance against gambling. But gambling has always been around. Gambling was a popular pastime in America, even before the colonies were united. Dice and cards were brought over by both the Dutch and the English. Lotteries have been said to have paid for the settlement of Virginia, and the establishment of storied schools like Yale and Harvard. Most of the colonies used a type of lottery to pay for defenses. One clever New Yorker even designed a lottery where the prize was marriageable ladies, who couldn’t find husbands. The system listed the women in descending order from beauties, through pretty girls, widows, agreeables, good conditioned, housewives, friskies, special breeders and saints of the first magnitude. Just about every country-seat in colonial America had a lottery wheel. A lottery wheel was as necessary as a jail and a courthouse. (Evening Impendent, 1963) Other types of gambling existed, such as cockfighting...
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...Gambling has grown immensely across the world, and you can bet on that. Gambling today is more mainstream now than ever before. Since this boom in popularity many new on-line web sites have been created to take advantage of this growing craze. Internet Gambling has shot up the most these past few years. In 2005 the first online betting web site started. Today there are over 2,000 online gambling web sites. Take time to think about the rise in television shows that involve gambling, and the stations that air the shows. Bravo, ESPN, ESPN2, Spike, Game Show Network, FOX, NBC, CBS, and ABC all have aired a show that has had some type of gamble involved. Shows like Deal or No Deal, World Series of Poker, Celebrity Poker, Black Jack, some of these shows may not seem like gambling but as long as there is a risk there is a gamble. How many people knew of Texas Hold’em before ESPN started covering tournaments? And now you can’t go a day flipping through the channels without seeing some kind of poker or celebrity blackjack on television. As technology has improved our world by making things easier and more convenient, it has also made the gambling world easier and more convenient. With the rise of Internet gambling web sites, it is easier today more than ever to place a bet. You can see gambling every time you watch television. Whether it be game shows, card games, or just commercials, you see it. I love sports, so I watch ESPN to catch up on news and to see what is going...
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