Americans To Place Over $4.76 Billion On Super Bowl, Almost All Of The Bets Are Illegal

This weekend, Americans will bet the Super Bowl. It will be between New England Patriots and Philadelphia Eagles. Experts, financial observers, operators, and oddsmakers hope that this weekend will break the record. They believe that more than $4.76 billion is going for Super Bowl weekend fixture. What is surprising is that out of the total amount of money, legal bets have a tiny percentage, which means that the majority of the wagers are illegal. It is true that this will break Nevada’s all-time betting record . But the truth is that a high percentage of the wagers are unlawful. Also, this is happening in spite of NFL Commissioner’s stun opposition.

Best 2018 Superbowl Betting Odds By US Sportsbooks

American Gaming Association (AGA) says that more than $4.76 billion is coming in this weekend. But the association also means that a significant percentage of this amount is illegal. The gaming body says that more than 97 percent of the money comes in through illegal channels. AGA now says that Americans are sending their money to bookies. Some of the US Sportsbooks are operating against the law. The association says the problem is not the people but the federal law. It is failing in its protection of people’s money.

US Federal Law Failing To Ban Sports Betting?

“The federal law is failing to ban on sports betting . Thanks to its failure, Americans are sending billions of their hard-earned dollars to corner bookies. Their money ends in shady offshore operators and other criminal enterprises. Also, this brings us to a big question. Each of us must ask themselves. Is 2018 finally the year when governments, sporting bodies, should work together? Is this the year the Las Vegas gaming industry should work together? The aim should be to put the illegal sports betting market out of business,” says AGA President Geoff Freeman.

New Jersey In Court

In December last year, the State of New Jersey moves to court. NJ wants to know why the federal law and PASPA do not allow racetracks. The U.S. Supreme Court listens to different evidence. The State of New Jersey deduces several submissions why it wrongs the federal law. The U.S. Supreme Court will offer a ruling this year. It is a much-awaited ruling.

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Westgate Superbook In Las Vegas

Many people believe that the U.S. Supreme Court will fault both PASPA and the federal government. If it then rules in favor of the state, many other states will move to court. If the rule is otherwise, it will be a blow to many other states. This weekend, it will be a big tournament. Many people are behind the Patriots, hoping that the team will clinch the trophy. Super Bowl fans believe that quarterback Nick Foles will make them proud.

Different Vegas sportsbooks are showing mixed reaction from fans. If you are looking to printing cards for the Patriots, there are best sportsbooks. Westgate Superbook and Station Casinos are so far the best in this. The two sportsbooks have the spread at just 4 points. The good thing is that as money continues to come, oddsmakers are keen. They are busy balancing odds to entice fans. All these bets will culminate in Sunday’s biggest wager the Super Bowl.

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