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The Difference Between Fantasy Betting and Traditional Gambling
Fantasy sports are rapidly growing and will continue to grow.
at a faster rate now that the US Supreme Court has granted an appellate
This makes it easier and more affordable to run a business. But,
the legality of fantasy sports
This article focuses on the harshness of US gambling laws.
Gambling that millions of people love is prohibited.
A regular sports fan is surely familiar with fantasy sports in its non
betting form--players select a team based on real players in their
specific sport and score points to win games based on their real-life
performances. Fantasy sports contests usually run for a whole season.
However, there are now websites that offer quick payouts called daily fantasy sports, which makes each game more important.
Fantasy betting is gaining popularity. It is now so
popular that it is now valued at $800 million in the Unites States
alone. Dozens of websites are now featuring fantasy betting on their
gaming menu as said by the president of the Fantasy Sports Trade
Addition to this, almost 7 million Americans were and Canadians were also members of the Association
into fantasy sports in 2008.
In a nutshell, avid sports and gambling fans are paying for the chance
To win money in contests that are rooted in the performances
professional athletes. http://simply-poker.com/how-to-soften-the-blow/ Now, the question is why isn't this classified
as gambling?
One probable answer is playing fantasy sports requires knowledge and
You can win with skill. But you cannot control your losses in fantasy betting.
sports betting and poker.
This is why fantasy betting should not be considered as a form of gambling.
Gambling: The government claims it isn't. The Unlawful Internet
Gambling Enforcement Act includes a specific exemption for fantasy
Sports, provided that the prizes are decided before the event begins
contest and the fictional teams don't correspond to any real teams.
The second condition is designed to prevent fantasy sports from being allowed.
professional leagues endorse, from turning into sports betting, which
They oppose. The leagues such as fantasy sports do not require licensing fees.
because it increases interest in their games. However, so does sports
Betting--the market that dwarfs the size and potential of fantasy sports
industry. According to an ESPN 2003 study, more than 100 million Americans live in the industry.
You can bet on sports each year and wager money as high as $100
Million.
Additionally, sports betting is only legal in Nevada. The leagues are not.
They are unwaveringly opposed a wider legalization, because they fear it will cause them to be more violent.
They can have a corrupting impact. They claim so. Their actions suggest they
You should know better. "Most leagues have now signed a deal with Las Vegas
sports consultants," notes Jim Murphy, a professional handicapper. "The
leagues pay them to track improper betting trends. Anytime you read
about a point-shaving scandal or that so-and-so has been charged with
trying to fix a game, it was the Las Vegas bookmakers that ferreted it,"
He added.
So if you want to be involved in betting on sports and still be on the
safe side, then switch from traditional betting to fantasy betting. It
It is the best.
Homepage: http://simply-poker.com/how-to-soften-the-blow/
     
 
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