Contrary to popular belief, (legal) sports betting is actually relatively new. Sports betting has been banned in the United States until just recently in 2018. However, the government didn't make it legal in all 50 states, they decided to allow each state to decide on their own whether or not that would allow it. At the time of writing this, 18 states currently allow sports betting. It is estimated that by 2030 almost all states will allow it. Sports in the United states are vital for the success of the economy. Sporting events bring out millions of people every year and help local restaurants, clothing stores and bars do really well. I believe that sports betting will only increase this activity in the future.
Sports betting allows the fan to become super involved in the sport because they have something at stake when the teams are playing. It brings in more fans because for a lot of people out there, just watching sports isn't enough to keep them entertained. Since sports betting in the United States is relatively new, I believe people aren't taking its potential serious enough.
What do you guys think about sports betting? Do you see it having an impact on the economy like I do?
https://sportshandle.com/future-sports-betting-part-two/
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