Online sports betting is ethical or unethical?
In 2006, the government of the united States of America, after careful deliberation, finally declared online sports betting to be illegal. But after all these years, the topic of Internet gambling is still very complex with very different opinions among people, depending on their mindset.
But the deeper question is asked if online gambling is unethical in the first place or not. Also this question is bound to attract a lot of conflicting answers. There are many countries where online gambling is not illegal yet. Is that good or bad?
How can it be good
Basically, online gambling is just made with ease. It is easy to place bets over the Internet. It is easy to bet on multiple events rather than going around the world at every moment. It is easy to gain money and get it transferred electronically into your account.
Even people who were reluctant to bet in the past, have signed for online sports betting, because they felt it was a convenient way to earn extra income to have. In some cases there has been a sole source of income.
It is because there are huge opportunities that millions of people have signed up for online sports betting. Since bookmakers stood to make much money from sports betting, the government has a solid revenue stream to.
How can it be bad
Unfortunately, the blessing of online betting is essentially also his curse. How likely is it that people are making a fortune from games, there are higher chances of people lose most of the money they have invested and broke.
This has happened to a lot of people. You win a series of bets and make some money out of it. Suddenly out of nowhere, they lost the top ten in a row. In some extreme cases people have lost millions of dollars in a single day.
It is because these types of catastrophic events, many governments have online sports betting illegal, and some acknowledged they are viewing.
What follows from the above discussion is that when we ask if online gambling ethical or not, we must take a step back to look at the whole picture. Now we will realize that online betting is not even an issue. It is the addiction to betting, which is the cause of untold suffering for so many people.
Instead of completely banning Internet gambling, governments can regulate online gambling. For example, they can set limits on how much a bet on weather, can in a month or how much the bookies to take bets on.
This middle way would meet 95 percent of the people involved in this intense debate.
It would certainly be a fair deal for both critics and proponents of online sports betting. Of course, these from those who are at the far end on both sides of piss. But it was the right thing to do and create a win-win situation for everyone, the weather, the bookmaker and the administration.Tags: Betting, Gambling, games, NFL, online gambling, sport