The state of New Jersey and its citizens had previously approved a law legalizing sports betting primarily to help their ailing casinos, particularly in Atlantic City, and the racetrack industry. In effect, the Supreme Court (SCOTUS) ruling allows each state to decide whether to allow sports betting in that state. Congress in 1992 to protect the integrity of sports. Supreme Court struck down a previous ban on sports betting known as the Professional and Amateur Sports Protection Act, which was passed by the U.S. Although sports betting is a form of gambling, it has a slightly better risk if the bettor has some knowledge or skill at predicting the outcome, and thus it is more acceptable in most societies than simple random gambling (Difference Between 2020). Betting or wagering is an agreement between at least two parties where one party makes a prediction and loses or wins money based on that prediction.
It is based on luck rather than knowledge or skill. Generally, gambling is a broad, generic term for placing wages on the outcome of any event with an uncertain outcome. A game changer in sport wagering and betting This is an excerpt from Social Issues in Sport 4th Edition With HKPropel Access by Ronald B.
