The growth of sports betting around the world continues to grow year in and year out. Much of this growth is due to the extraordinary growth of professional sports not only in the United States but in countries around the world. With this growth, the legalization of sports betting in the United States continues to see rapid expansion from a few states like Las Vegas and Delaware to now 17 states have legalized sports betting including those two states as well as New York, New Jersey and Pennsylvania to name a few. In addition, four additional states plus Washington DC have passes bills while 17 other states have active bills. This growth has raised the question “Is sports betting worth it”?
When looking at it from various angles, the answer to that question is yes sports betting is worth it. While states and countries benefit from it, the sports bettors, handicappers and sports fans benefit from it. This is the exact reason that makes sports betting worth it. Now while some will object this answer due to the increased risk of gambling addictions and the chance for individuals to lose money. Despite those individuals, the rewards of sports betting outweigh the risks for many around this world.
Now if you are asking yourself how sports betting can be worth it, we have a few key reasons to help you answer that question.
Enjoyment & Excitement
One of the reasons sports betting is worth it for many is the excitement and enjoyment they receive when placing a sports bet and winning. While losing is tough, many individuals around the world just like the thrill of possible winning real-life money. For example, other gambling such as lotteries and scratch offs are another way each individual finds a way to achieve this excitement. Through the opportunity to have a possibility to win real life money, it rewards the individuals placing the wagers.
Chance to Win Money
Possible the biggest reason sports betting is worth it is the opportunity to win real money each and every single day. While not all fans and sports bettors will take the opportunity to place wagers every day the opportunity is still present. That said, some sports bettors and fans will look to one sport during one season while taking the opportunity to become an expert on that sport.
For example, many who bet on the NFL only bet during the 17 weeks of the regular season that run from the first week of September through the Super Bowl that takes place during the first few weeks of February. In addition to winning small size amounts of money, individuals who take a risk playing weekly parlays have a chance to win large amounts of money depending on how big the parlay is in.
While not everyone around the world is a sports fan, this doesn’t take away that fact they have a chance to take place in or witness sports as an entertainment. That said, for many the opportunity to bet on sports is much like a chance to go to a movie theater to see the latest thriller or a concert venue to see a big-time music legend.
Through the opportunity to bet on an event it gives them a chance to see/witness a sporting event in a different light. They see it as entertainment for a specific amount of time as they wait and watch to see if their wager will come through at the end. Win or lose, sports betting is an entertainment opportunity for some.
New Challenge in Sports Betting
Lastly, sports betting delivers some a new challenge to focus on as they look to become an expert as making the right sports pick each time. The chance to wager on sports gives these individuals a chance to not only use their own knowledge of the sports they love to bet on an outcome of a matchup it but to take time to learn more. The challenge gives these sports bettors and sports fans an opportunity to put their focus on becoming great at making a sports pick. While winning money is the big thrill, the challenge of predicting each outcome is just as thrilling.
In the end, sports betting is worth it in many ways for many individuals. From winning money to the thrill of a new challenge to just finding a new entertainment opportunity.