Is Online Sports Betting Legal Or Illegal?

Is Online Sports Betting legal or illegal? This has been an ongoing issue for most sports bettors and gamblers, especially in the United States. The answers are Yes and No. It will now depend on the different circumstances. This article will present the risk involved in the different activities so we can determine when to consider the legality issue.

There is little to no risk for players making bets online, poker rooms buying advertising and smaller media accepting online gambling ads. There is no federal law against playing online. Players can relax for now because it is relatively safe to continue such activity. Casinos, poker rooms or affiliates buying advertising should not worry, as well. To date, only offshore sportsbooks have received attention from the government. Small publishers accepting online gambling ads are also not the target. So far, they have been spared from any form of penalty.

If you are taking bets on a server located in the U.S. and taking sports bets over U.S. phone lines, then you better stop and think twice. These activities have the most risk because both have been considered illegal. Let us use BetOnSports as a perfect example. They took sports bets over the phone and even advertised their number on billboards. They took in $4.6 billion wagers from 2001 to 2005. The CEO, the Founder and his siblings were all fined, arrested and imprisoned on different occasions. This means that big time advertisers and operators in the United States should watch out.

Now, let us take a look at some past events that have affected the law on Internet Gambling. In 2002, the court ruled out that the Wire Act of 1961 pertained only to sporting events. In 2004, the court dismissed another case and stated that they are geared towards illegal activities which include Internet Gambling. In 2006, The Unlawful Internet Gambling Enforcement Act prohibited Americans from using credit cards, electronic funds transfers, or checks to finance Internet gambling activity. The act was focused on how Internet gambling accounts are funded, not the actual betting.

If you noticed, the question on legality remains to be complex. We all have different opinions and interpretations. The law is constantly changing and we will never know what will happen next. So far, no arrests have been made in the United States for simply placing bets online. We will all remain in the gray area until the law gives specifics on what is legal or not.

Choosing the Right Online Sports Betting Website

Sports betting can add to the enjoyment of viewing sports games. You can easily place bets on your favorite teams from an online website. Here are some tips on how to choose the right online sports betting website.

Legal.

Never place bets with illegal or dubious online websites. In every country, there are laws in place for sports betting activities. Make sure that the website is completely legitimate and legal before opening an account and placing bets. Websites that are illegal will eventually get shut down when the relevant authorities come down on them. It’s only a matter of time. And if you have any credits left in your account, they will be forfeited when that happens. In a worst case scenario, you may even get into trouble with the authorities. So never ever place a bet if you are unsure.

Cutting edge software.

Established sports betting websites usually use cutting edge software to track all bets. Software should be easy to use, and reliable. In other words, if you place some bets and you happen to win, the winnings must be credited correctly.

Credibility.

To ensure that winnings are credited promptly and correctly, only open accounts with credible websites. You can easily determine the credibility of a website just by reading user reviews. Don’t depend on the testimonials that are posted on the sports betting websites. Take the time to visit online betting forums and ask around. If there is something shady going on, the community will alert you.

Multiple payment options.

Once you have established the credibility of a website, you may start placing bets. A good sports betting website should offer multiple payment options such as echecks, eNets, credit cards, etc. This will provide you with more convenience.

In addition, information about how the winnings will be posted to your bank account is also very important. You may need to setup your account correctly to start withdrawing winnings. If in doubt, you can always send an email from the website.

Minimal risk.

If you are just starting to place bets, it is a good idea to minimize your risk. Many websites offer generous rebates and bonuses for new customers. For instance, they may absorb up to 50% of your first 3 bets. Such rebates and bonuses will help minimize your risks. To keep the risks to a minimum level, you may also wish to compare bonuses before signing up.

Wide selection of games.

As a sports fan, it is very likely that you may be interested in several types of sports. For example, you may like basketball and soccer. For this reason, there should be a wide selection of games so that you can place all your bets in one single location.

Choosing the right online sports betting website will provide you lots of fun and enjoyment. So always take the time to choose one that is reputable and has the right technology.

The Basics of Online Sports Betting – Learning the Specific Bets

Online sports betting is expanding everyday and it’s not hard to understand why. It combines two all-time favorite past-times – sports and taking risks. We can’t all play professional sports. Most people can’t take weekly trips to Vegas. But thanks to online sports betting you can have the thrill of watching sports and winning money at the same time. All in the privacy of your own home! It doesn’t get much better than that.

Before you start placing bets you need to understand a few of the basics. This article gives you an introduction to the terminology used in online betting. You don’t want to make any bets that you don’t completely understand. Here’s where I wish to emphasize another good word of advice, always search out the top spots betting advice and assimilate that advice before you place any money on the line.

Straight Bets – With a straight bet you’re simply betting on a team to win. The amount of points a team wins by doesn’t matter. If the Cowboys and Jaguars are playing you simply bet on which team you think will win. This is the most basic bet.

Betting a side – This is similar to the above bet. You’re choosing a “side” or a team you think will win.

Point Spread Betting – A sports book will list which team is the favorite to win a particular game. They’ll also show the estimated amount of points they’re expected to win by which is called the spread. So they don’t just say the odds are on the Cowboys to win. They’ll say the Cowboys are expected to win by 7 points or 11 points, etc. If you bet on the Cowboys to win but they only win by 5 then you haven’t won your bet. They didn’t win by enough to cover the spread.

Against the Spread or ATS – This is similar to the above bet. Instead of betting just on who will win, you’re betting they’ll win by more or less than the amount of the expected spread. I think you are beginning to see why I insist that you find the top sports betting advice. In your research look for a system, a proven system where the promoter of the system has a dedicated following of winners. At the end of this article I will point you to one, but there are dozens more. Find the one right for you.

Over/Under bets – As well as listing a favorite team and the point spread they’re expected to win by, the oddsmakers will also list a total over/under score. This is the total amount of points the teams will score during the game. If the number is 47 then they’re anticipating both teams to score a combined total of 47. If you bet “over” then you’re betting the total score will be over what’s expected. If you bet “under” then you’re anticipating the total score to be less.

Parlays – Parlay betting is when you group several bets on one ticket. Let’s say you make three bets, but instead of placing them separately you place them all on one ticket. If you win all three the payout is greater than if you’d played each bet separately. However, if you lose even one bet the parlay is a loser. You must win every bet on the card.

Future Bets or betting “Futures” – A future bet can be a profitable bet for small bettors but the odds are high. It involves betting on a game such as the Super Bowl while the season is just beginning, etc. You’re betting on which team will win a future event before it’s even been decided who will play in the game.

There are many other variations of bets but this gives you the basic online sports betting terminology to understand the most popular bets.

VIP Betting Services – Online Options For VIP Sports Betting Services

VIP betting services are the way to go if you have an interest in online gambling. There are lots of people out there just like you who are fanatical about sports and wagers. Sporting events are great on their own, but there is nothing quite like the thrill of winning a big jackpot off a bet after a major game. It does not matter what sports you follow, there are great gambling services on the web that will meet your needs. You might love football or baseball, or maybe hockey does it for you. Perhaps you want to bet big on Nascar, or you have a hunch that your favorite heavyweight is going to take the boxing crown. Whatever sport you are passionate about, there is a betting company that accepts wagers from fans just like you.

The options for online VIP sports betting are quite enticing. There are tons of sites out there that let you register and make wagers on all your favorite sports. Regular status on most of these sites allows you to make bets and observe the basic statistics and odds offered for any given event. However, there are sportsbook services that offer much more for preferred members with VIP status. Many programs offer special perks to customers who play on a regular basis or high rollers who want to bet big. VIP players can accumulate reward points on most wagers, and then they get to cash them in later for all sorts of prizes. Various giveaways are also held on a regular basis, so you could win a sweepstakes just for being a VIP member of some sites. 

 

If you are really into online gambling and sports, then VIP betting services are for you. Many programs make it easier for preferred members to deposit funds for betting, and earn bonus points on wagers that regular members cannot get. Signup bonuses are common as well. A VIP program is generally designed to support the biggest players on each site. You get rewarded with immediate customer service, friendly support lines, comprehensive statistics and odds information, and simple payout options. 

 

Anyone who is serious about making money online by gambling on sports events should consider VIP betting services. It makes everything easier and separates you from the pack. Enjoy the rush that you get when you win a big payout after a bet. Start pulling in big earnings on your VIP wagers today. Look for places to sign up and start playing the odds.