There have been plenty of discussions regarding the pros and cons of legalizing sports betting. At Unibet, you can select from a wide range of sports and games to bet on. With such reliable and fair betting portals, the calls for legalizing betting have become louder. People who are against legalizing sports betting usually like to present the argument that this might lead to a spurt in the spot fixing of games and matches wherever betting is legal. Though that is a valid concern, there is always a plausible solution to get around that.
Betting can be legalized, without a rise in match-fixing
The authorities will just need to be more cautious. Proper vigilance, with strict laws punishing the perpetrators of match fixing can, of course, be a means to counteract fixing. But it is not a good enough reason to ban betting just in order to get rid of match fixing. We need to directly target the evil of match fixing instead of completely eliminating betting, which can actually have several good impacts, economically as well as socially.
Economic Advantages – Tax Revenues
On being legalized, sports betting can be a huge mode of income for the state, thus boosting its overall economy in such dire fiscal conditions. The winnings can be made a source of taxable income, upon being legalized. Other than generating high tax revenues, plenty of job opportunities can be created on legalizing sports betting, thus further abetting the state’s economy.
A Blow to Organized Crime
Every year, thousands of pounds of money are gambled away illegally and into the hands of criminals. Legalizing sports betting will only ensure people to put their money in the hands of legal and approved authorities instead of entrusting their hard earned money with the unreliable and shady bookies of the criminal underworld. Legalizing betting will definitely cut a major source of income for the organized crime cells, thus making them weaker and easier to eliminate.
Not necessarily a social evil
Sports betting and gambling is not necessarily a social evil. There are those who consider it to be a social evil, to which people can get addicted and lead to severe circumstances. But most of that can be duly avoided on proper regulations under a legal state system. If we adhered to the mentality of eradicating all that which might lead to addiction, then there would not be more modes of entertainment or enjoyment. For example, we would have to ban alcohol and shut down bars.
Hence it is never a solution to run away from such a lucrative source of both economic and social benefits, because the risks are minimum and hugely outweighed by the gains.