So, the United States Supreme Court recently made a land mark ruling by overturning the federal ban on gambling and termed it as an unconstitutional move. This has been a topic that elicited a lot of debate from different stakeholders with some strongly calling for the ban to remain in place and others insisting that it should be lifted. This is a significant ruling because the ban had been in place for 25 years.
Whereas the Supreme Court made this decision on constitutional grounds, our team at Drazen Petrovic believes the lifting of this ban was timely and through this article, we’ll look at 4 interesting benefits of sports betting.
It’s an opportunity to earn income
We all know that legal or illegal, gambling is a multibillion dollar industry and responsible for some of the most recent entrants into the millionaire’s club. In as much as wins in sports betting are never a guarantee, there are numerous people earning a decent living from sports betting from the gamblers themselves, to the staff these companies employ and the different sports teams that they sponsor.
It’s technically not gambling
Whereas many laymen assume sports betting is a game of chance just like any other gambling game you would play in a casino, this can’t be further from the truth. Sports betting require a lot of skill and strategy which is gained from plenty of research. It’s more about making an intelligent prediction based on facts and statistics and not simply making a guess.
It raises the stakes in sports
It’s no secret that sports fans will always feel much invested in their sports teams and that’s why both wins and losses spur a lot of positive and negative emotions respectively. These emotions are usually doubled and even tripled when sports betting is concerned because the person has become financially invested. When the stakes are raised this high, the experience becomes more fun and exciting.
It raises the level of satisfaction
As we mentioned earlier, sports betting is not a game of chance and it requires a lot of facts and a good strategy if one is to be able to register regular wins. It’s about being able to make an intelligent prediction and this can be a very rewarding feeling. Most people who are successful in sports betting don’t just feel good because of the money but mainly because their skills have been proven to be true.
Whichever side of the discourse you are as far as the lifting of the ban on sports betting is concerned you should be willing to acknowledge that sports betting can be a good thing as long as it’s properly regulated.