The Fine Line Between Sports and Gambling

Published April 4, 2014 by OCR Editor

The Fine Line Between Sports and Gambling

With March Madness now in the Final Four online sports betting has hit an all-time high but is the game still just a game or has gambling taken over?

March Madness is the most prestigious tournament in the world of College Basketball and this year the action has been some of the best ever. Despite the high flying dunks, the amazing 3-point shooting and stunning displays of defense throughout the tournament there has been a shadow cast on the tournament due to the record setting volume of sports betting with online bookies.

Just How Much is Wagered

In a recent study it showed that in Nevada, Delaware, Montana, and Oregon the amount legally wagered on the NCAA tournament is around $90 million to $100 million. The sum is more-likely to be about $227 million. Illegally, the amount bet throughout March Madness is approximately $2.5 billion but last year a site that analyzes sports betting was quoted in saying that over $12 billion was bet on this tournament alone last year and the number this year would easily surpass that.

Smart March Madness Gambling

For players who would like to legally bet on the final four, there are a number of online sportsbooks that accept bets for the NCAA March Madness Tournament. A few online sportsbooks that take legal bets from punters worldwide are 888Sports or Winner Sports. 

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