Sports betting gambling

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Intermittent scandals like the 1919 Black Sox and mid-century college basketball match fixing and point shaving kept a stigma around sports gambling and convinced leagues it was better to keep the industry limited.

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For most of the 20th and 21st centuries, betting on sports was mostly limited to black-market bookies and the state of Nevada. That’s a recent change, and a fairly big one. The United States is in the midst of a sports gambling boom, and it may be a generational policy mistake.Īnyone who has watched the Super Bowl, listened to a sports podcast, walked into an arena that has a gambling parlor, or, in my case, opened my mailbox to see direct mail from DraftKings offering “free bets” has seen the explosion in sports betting throughout the US.

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