As of April 15, 2021, sports betting is now legal in the state of Arizona. This was an ongoing topic in Arizona and after four years, House Bill 2772 was signed. While this is a bit of a controversial topic because of the potential for addictive and harmful habits, the gambling will provide millions of dollars in revenue for Arizona. However, in addition to passing this bill, this article by gaming.az.gov explains how there will be assistance and a hotline number for those who may develop bad habits or avoid physical and financial harm.
There are among fourteen sportsbook options to choose from for those who wish to participate. Each of them provide their own offer to first time users, even as much as up to $1,000 on a risk-free bet to reel in future customers. For most people this seems like it could be something fun and exciting to do in addition to watching their favorite teams play. This is of course what it is intended to be, more of a hobby and way to make a couple of extra dollars here and there. However, many do not agree with the legalization of this as there is always a possibility that people get too caught up in hitting on a big bet which could lead to huge financial losses. As stated by modernman.com, there are many reasons why it’s a risky game to play with. Whether it be by lack of guidance, control, or just too much confidence, it can be easy to get carried away in the hypotheticals of how much money you can win. Sports betting is not an easy thing to do, most of the bets are unlikely to happen and that’s how you win big. One has to bet big money on something that is extremely unlikely to happen.
Overall, sports gambling has about as many pros as it does cons and I really feel like it comes down to self control and knowing your own limits. You should have some knowledge on what you’re putting your money into, how much you can afford to lose if it does not work out. I personally am not opposed to this law as it can be a great opportunity for anyone on any given day, but as most things in life do, there has to be limits.