One of the most common forms of gambling for teens and young adults, ages 14 to 22, is sports betting. Did you know that approximately 67% of college students have placed bets on sports at least once during their college careers? Males tend to be more interested in sports betting, as a quarter of all males place bets every month. Expert NFL picks, expert baseball picks, free NHL picks and guaranteed sports picks are some of the most popular ways to enjoy sports betting. However, betting is not always legal, so check with your state laws to make sure you are on the up and up if you are interested in placing a sports bet.
The Sports Betting State of Nevada
There is one state in the Union where sports betting is perfectly legal — Nevada. Annually, Nevada sees more than 30 million visitors who are attracted to the state for its legal sports wagering opportunities. As this is the only state where you can participate in sports gambling, you can anticipate a well-oiled system here. Sports wagering is regulated, which also means it is policed and taxed, in Nevada. Therefore, when you travel to Nevada to participate in sports wagering, you are ensured a standard of safety that you can’t find anywhere else.
Benefits of Legal Sports Wagering
When you gamble on sports in Nevada you have an element of professionalism that is unavailable in any other state. Since sports wagering is regulated, you gain in protection against illegal enterprises. You don’t have to worry about getting ripped off or being robbed when gambling here. Additionally, your winnings and losses are recorded legitimately, giving you an extra edge when filing your income taxes. As you can typically deduct losses, as well as including winnings along with your income, legal betting helps you prevent any unwanted tax fraud. Choosing to go legal when betting on sports can help you to maintain a healthy interest in sports wagering.
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