With the inception of legal sports betting, many have easy access to the thrills of placing bets and gaining wins from participating in their favorite sports. 

But while this may seem fun and harmless initially, it can trigger the brain to crave the dopamine rush caused by winning, possibly leading to the development of problem gambling. 

What is legal sports betting?

Legal sports betting is the regulated practice of placing wagers on the outcomes of sporting events. Unlike illegal betting, which operates outside the boundaries of the law, legal sports betting is conducted within a framework that ensures fairness, transparency and participant protection.

Legalizing sports betting typically involves government oversight, with specific agencies responsible for licensing operators, monitoring activities and enforcing regulations. This oversight prevents illegal activities like match-fixing and ensures operators adhere to responsible gambling practices. 

Legalization of sports betting in Maryland

The journey toward legal sports betting in Maryland is part of a broader movement across the United States. The pivotal moment came in May 2018, when the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), allowing states to legalize and regulate sports betting.

In Maryland, the legalization process began with a referendum in November 2020, where most voters supported legal sports betting. This public mandate paved the way for the state’s lawmakers to craft legislation establishing the regulatory framework for sports betting. In May 2021, Governor Larry Hogan signed the Sports Wagering Act into law, enabling in-person and online sports betting in the state.

The first legal sports bets in Maryland were placed in December 2021, marking the official launch of the industry. Since then, Maryland has seen a burgeoning market, with numerous sportsbooks operating physically and online, offering various betting options to residents and visitors alike.

How prominent is legal sports betting?

Participation in legal sports betting has grown significantly, driven by factors such as increased accessibility, the popularity of sports, and the allure of potential winnings. While concrete figures for the number of participants can vary, industry reports and state data provide insights into the engagement scale.

For example, millions of Americans place bets on the outcome of the Super Bowl each year, reflecting the widespread interest in sports betting across the country. In Maryland, the interest has been similar, with thousands of residents engaging in sports betting activities since its legalization. 

Maryland has embraced in-person and mobile sports betting, making it accessible to a broader audience. Participants appreciate the convenience of betting via mobile apps, allowing them to engage in real-time betting and gain access to various sports and betting options. Making it accessible online has driven participation, particularly among younger age groups.

Moreover, the legalization has encouraged a sense of legitimacy and safety, ensuring participants that their activities are regulated and protected by law. This has likely contributed to the growing number of participants who feel comfortable engaging in sports betting without fearing legal repercussions or unethical practices.

Is legal sports betting dangerous?

While legal sports betting is not inherently dangerous and can be enjoyable for some, there is no denying that there are inherent risks involved, namely the risk that it can turn into problem gambling. 

1. Increased accessibility 

 The legalization of sports betting significantly increases its accessibility, making it easier for individuals to place bets through online platforms and mobile apps. This convenience can lead to more frequent betting, as individuals can place wagers anytime and anywhere.

The constant availability of betting options can encourage impulsive behavior and make it difficult to resist the temptation to gamble, potentially leading to problem gambling.

2. Normalization of gambling behaviors  

Legalization often leads to normalization. This can result in individuals underestimating the risks associated with gambling, leading them to engage in betting more frequently and with more significant sums of money. 

The perception of sports betting as a harmless pastime can contribute to the development of gambling problems, especially among young people and those with a predisposition to addictive habits.

3. Psychological triggers and reinforcement

Sports betting can worsen psychological triggers through features like live betting, which allows individuals to place bets on events occurring in real time. The dynamic nature of live betting can create a sense of urgency and excitement, leading to impulsive decision-making.

Additionally, the intermittent rewards and near-miss outcomes characteristic of sports betting can reinforce gambling behavior, making it difficult for individuals to stop and increasing the risk of developing gambling problems.

4. Financial strain and chasing losses      

One of the significant risks associated with sports betting is the potential for financial loss. Legal sports betting can create an illusion of control, where individuals believe they can predict outcomes and make informed bets. However, this often leads to financial strain when losses occur. 

The desire to recover lost money can result in individuals chasing their losses, leading to larger and more frequent bets. This cycle of chasing losses can quickly escalate into problem gambling. 

Do you need help with problem gambling?

If you or a loved one are struggling with problem gambling behaviors, Pyramid Healthcare in Maryland is here to help. Call 301-997-1300 or fill out an online contact form to contact a counselor today.