Exactly what started gambling on sports activities

To understand what started gambling on sports one has to first examine the history of sports gambling in the US. The US had a long history of permitting certain types of legal gambling and also illegal betting to some extent. Political control and scandals regarding gaming interests have ended in selected backlashes that have resulted in prohibition or regulating sports gambling. Standards and laws pertaining to sports gambling have kept changing.

Nelson Rose describes these changes in law as 3 waves. The 1st wave was during the colonial era that lasted up until the mid 1800s, the second wave started following the Civil War and lasted till the early 20th Century and the third wave commenced while in the Great Depression and is still continuing.

Throughout the Colonial Era, diverse attitudes were enforced towards gambling. Puritan attitudes were adopted towards gambling and possessing dice, cards, gaming tables etc were banned. Later on it was allowed so long as it was not a calling or trade except for moderate and innocent recreation. Settlers brought along with them views that said gambling was merely a harmless activity. The frontier spirit encouraged the appeal of gambling since it involved high risk, high expectations and opportunism. fixed odds betting arbitrage

Ultimately all colonies used lotteries as being a solution out of financial problems and to help the colonies. It became a civic responsibility and proceeds were utilized to establish a number of the first prestigious universities, build churches and even libraries. Lotteries remained popular right to the early Nineteenth century. Horse racing had also been popular and the Long Island built the first race track in 1665. Casino gaming began to emerge slowly as roadhouses and taverns started to permit card games and dice.

The Lower Mississippi Valley became an organized and legitimate gambling area in 1800s. The mighty river with its riverboats became a major trade avenue for wealthy merchants and farmers. New Orleans soon gained recognition as the gambling capital. Through the 1830s southern settlers turned against professional gamblers who had been blamed for committing crimes, debasing morals of society and endangering streets. During 1800s there was increasing attack of gambling especially lotteries and whenever operators absconded with the proceeds lottery scandals eventually led to prohibition of gambling.

The Gold Rush in California set off a tremendous surge in the types of gambling and San Francisco was crowned the new gambling capital in the US. During 1849 and 1855 gambling spread widely and by 1850 California and lots of cities had licensed gambling centers. But soon the Legislature made most forms of gambling illegal and certain professional gamblers were lynched. This prohibition drove gambling activities underground and could not eliminate it. Gambling was legal during 1869-1910 in Nevada.

It is possible to now understand what started gambling on sports in the US. With the numerous scandals in the lottery gambling segments, 35 states in the US including California prohibited lotteries. In 1933 pari-mutuel betting was legalized and new automated systems and laws made horse racing betting more straightforward. In 1978 casino gambling was legalized by New Jersey and Atlantic City became a popular tourist destination. Regardless of its illegality sports gambling became very popular and already is a billion dollar industry.