A Wager on US Politics

Do you want to make money by just watching sports games at home? Well America, it's your lucky day because as your reading this, 7 different US states are in the process of joining the already 11 states to have legalized sports betting. Ever since the lifting of the US federal ban on sports gambling back in 2018, more and more states are giving their citizens a chance to bet freely on all kinds of sports games. If you want to learn more about the history of sports betting, go to: https://www.legalsportsbetting.com/history-of-sports-betting-in-the-usa/

The states that have legalized sports betting in recent years are already seeing huge benefits and are encouraging other states to join them. More US states need to legalize sports betting so consumers have a safer market to gamble in, states can economically benefit, and for the sports betting industry to continue to expand in America. The sports betting industry has great potential in America for both the consumers and the state which is a rare occurrences.

A prime example of state success with regulated sports gambling is Virginia. Virginia took its first online bet in January 2021 and in that month it’s estimated that from online betting alone, they made 265.8 million dollars. This was a huge amount of money that greatly exceeded the predicted amount for the month. With this financial boost, Virginian residents largely benefited from lower tax rates and a higher quality of living.

With 11 states having already legalized sports betting and 7 in the process of legalizing it, there’s a good chance that you don’t have to do anything to have legalized sports betting. But if you live in one of the other 32 states that have non-legalized sports betting, then your best chance to make a change is to write to and lobby your state's politicians. Obviously, with government legislation there’s only so much you can do as a citizen to make a change, but hopefully politicians will see the great potential that the sports industry has.

If your state has legalized betting, start betting and have fun with it! But when betting, be smart about it because sports betting at the end of the day is still gambling. Be careful how much you spend and know when to stop or when to tell others to stop. Sports gambling has so much potential in America, but we Americans need to be smart when we gamble to avoid the dangerous consequences that are associated with gambling.