Thursday, December 14, 2017

Sportsbook Betting News: NBA Leading the Charge

While sports betting in the United State continues to rise, the major sports leagues have been opposed to the legalization of wagering on sports. That is until NBA Commissioner Adam Silver broke from the crowd and stated his endorsement for legalization as long as it was regulated.

Silver isn’t just talking – he’s doing. Earlier this month, the NBA officially withdrew their opposition  to a Canadian bill that would allow wagering on single games (currently you can make 3+ game parlays as part of their lottery system). So far, the other major sports have stood pat on their stance of opposition, however, many of these same leagues that benefit from gambling on their sport are embracing related gambling activities (such as fantasy leagues) and could be next in shelving their opposition.

Public support for legalized sports betting has grown, and perhaps more importantly the lack of legality hasn’t stopped American players from betting. According to the Washington Post, four billion dollars is wagered legally per year, but 20 to 95 times that amount is wagered through bookie pay per head or through local bookmakers.

Proponents of legalized sports betting in the United States are hopeful that the NBA coming out in favor of regulated sports betting will pave the way for other notable deterrents to change their tune and embrace what is already happening.
Sportsbook betting ((http://www.1vice.ag)) continues to be the preferred method to wager on sports as it offers signup bonuses, internet accessibility, and up-to-the-minute lines and prop wagers.
The other major sports leagues should embrace Silver’s stance and stop trying to prevent the inevitable.