Sports betting is now legal in several states, including New Jersey, Nevada, Montana, and Maine. In some other states, including West Virginia, Ohio, and Montana, sports betting is being considered. However, the number of states that will allow sports betting is still limited.
Therefore, what kind of sports betting opportunities will you be able to access in the future? And how can you prepare for it? Keep reading to learn more.
What Is the Legalization of Sports Betting?
Sports betting has been illegal in the United States for decades. In the early 20th century, it was banned on moral grounds; some states even prohibited it on health concerns. These states, however, couldn’t prevent people from placing wagers online.
Changes in Policy
In the past 10 years, sports betting has been legalized in several states.
In fact, New Jersey is the biggest market for sports betting in the United States. By the end of 2017, there were over 500 licensed betting locations that offered more than 1,300 wagering options.