Nov 20, 2020 Fortunately, legal online gambling is spreading in the US. H2 forecasts US sports betting operators will reach $1.4bn-$1.5bn in GGR by the end of 2020. It expects that number to nearly double in 2021 and approach $10 billion by the end of the decade. Legality of online gambling Majority of countries restrict betting via Internet, but it is allowed in several states in US. Government is very strict about rules of regulations for those providers who offer people online gambling services. They need to get a special license for performing their business. To help you find the best sports betting sites, this guide lists the top three best online sports betting sites: Bovada, BetOnline, and MyBookie. There are many factors that make the best online betting sites.
Note and Opinion: To all US customers in regards to sports betting. We do not represent that it is legal to do so. Our site is an observation, interpretation and industry consensus that is not legally reviewed. We do not condone illegal gambling, but with no convictions of citizens or media – after 13 years of observation – it just seems not to be a top priority of the Federal DOJ or state law enforcement's to enforce crimes amongst the people, just the gambling sites which usually simply results in a large monetary seizure for the government.
This is one of those instances that makes no sense to heavily prosecute aside from political influences on big money. The Feds make a ton of money off the seizures only at the expense of the sportsbook. Why shut down two profitable and harmless entities? I observed a statistical fact, people aren't losing their house, if they're losing, it's because the other bettor is better, and the bookmaker charges a fee to 'match' the bets. Paying the bookmaker a small fee in the amount of $10 (based on facts) a month is really how much people 'lose' to sportsbetting sites in the form of a sportsbook fee. If someone can take a game and beat it thousands of times, I'd say that person is not lucky – they are good…
About: TheSpread.com is the largest sports betting news site in the United States. We provide point spread news, odds, statistics and information to over 175 countries around the world each year. In the world of online gambling, the NFL's Super Bowl is the biggest game in town. No single event in the world attracts more real money betting. But you don't have to wait until the next big game to place a. In 2009, stories emerged of former Chelsea striker Eidur Gudjohnsen's £6 million gambling debt. The Icelandic footballer became addicted whilst recovering from a serious knee injury at Barcelona, having. Online Sports Betting Sites Using an online sports betting site is far and away the best way to bet on football, or any sport for that matter. It's the most convenient and accessible option, and there are. Place a bet on football.
Quick Answer
Betting on American sports is against American Federal Law, unless stated otherwise by the State of residence. The US Federal 'Wire Act of 1961″ made it illegal. The law was re-looked in 2012 due to its confusing nature to allow poker but not sports betting. Despite all this betting sports online is hugely popular in the United States and being sought to do so online by states such as New Jersey. Authorities do not arrest individual punters, only the bookie outfits – if they can find them. As the industry stands now, traditional style sports betting is being crapped on by the government to pave way for real money fantasy betting which has no ‘negative stigmatism' and was outlined to specifically be legal in the 1961 wire act clarification….hmmm. How the world works…
In either case, I'll touch a little on that down below but it's really just to give you a summary, as what's the point in writing a 5 page article that could be outdated by the time I finish. Here are some sites we suggest if you decide to bet from US land.
Most Recent Changes to Laws
In 2012 the US government changed the 1961 Wire Act to only apply to sports betting, and makes online poker clearly legal. In 2013 various states such as Nevada and New Jersey are legalizing sport betting. It actually wasn't a recent change in law but the actual enforcement of a 2006 and 1961 law (which was changed in 2012) against online gaming that really changed the landscape. What happened was the US government attacked the largest gambling sites they could find such as Poker Stars, Bookmaker, Bodog, BetDSI and a bunch more. They successfully seized the dot-com domain names of these websites forcing players and operators to change their name.
Example: Type in Bodog.com. You will see an FBI warning only to have the company operating under a new domain, www.Bovada.lv and securing all funds safely which according to a recent study is the safest book to bet at within the US. Needless to say the US Federal Government can not win this battle but instead run a 'Scare' tactic against US bettors.
As for poker sites, many bowed and gave up but the sportsbooks simply changed their domain names to end in .ag, .lv. .com.pa where the domains are held outside of the FBI and are licensed to run legal gambling sites within the domain extensions. Other endings you'll see now are .eu and .co.uk. As of today the sites are running business as usual except for those who made a deal with the US to get their domains back. Basically all US sports betting websites did not make a deal with the US and simply changed their domain. The weird extensions may scare away some potential customers, but our statistics show the people don't care.
As you can see in this chart below, sports betting terms searched in Google is slowly decreasing, but I believe due to recent legalization of internet poker that this will create a positive awareness to sports betting online. If you want to get into betting on sports here are some good handicapping sites we use.
To The Point
Ok, so what the US currently has at the time of writing this article (and I'll try and update it during major changes) is a strong view against online betting on sports but now that online poker is becoming legal. Despite laws that try and forbid offshore gambling websites from accepting funds from players in the USA, nothing has stopped them in the 15 years they've been trying. Actually it wasn't until 2006 until any 'laws' were really brought out into the public eyes and ever since then the US government has been trying to put out a fire with a sprinkler hose. The American people are simply doing what they are programmed to do, and that's feeling privileged to the personal freedom and right to do what they want with their lives.
While there are different forms of gambling, all are not treated equal. We have sports betting, casino gambling, and the oh so popular poker games you see running non-stop on television. What's ironic is out of the three, sports betting which probably requires the most research and talent to be considered a sport and have a winning edge is actually the most frowned upon by the US government. You see, we wouldn't want our favorite sports to be corrupt the online bookies now would we, although all the other countries seem to be fine. Oh, and don't forget you can still fly to Las Vegas and Atlantic City and spend your money just as easily as you would on the internet. As you can see there is a large base of corruption that keeps online sports betting from being 'non-grey' to squeaky clean.
Poker and its Legality
Online Sports Betting Usa
Now we're moving onto poker websites specifically on the internet. This at one time was the fastest growing game on the internet, but due to large government seizures of funds and the power of the US DOJ to scare a lot of payment processors from doing business with poker sites, it's become more and more difficult for the average Joe Blow to spend a few bucks playing a game of Texas Holdem on the internet. Online poker betting in the US has consolidated to a few major offshore sites that still accept US players because they can afford to loose a few million here and there to payment processor being seized while making sure you will always get your money.
Either way, the game is still flourishing and there are laws to make it legal on a state-by-state basis. As updated above, in early 2012 the United States amended their laws to allow for online poker with licenses portals. Currently, there are three (3) states with legal state online poker; Delaware, Nevada, and New Jersey. We cover this in extent at pokerwebsites.com, our sister poker informational site about state laws.
Online Casinos and Legality
Lastly we have the US accepted online casinos. The big name casinos that stuck it out after the 2006 Law made billions of dollars, and because of that continue to flourish to this day. They also suffer from difficulty depositing from a player perspective but I still hear of thousands and thousands of people playing every day. It's the same story, the US seizes a processor, and another one pops up. It's not until the United States finally comes to its senses and realizes that online betting is here to stay, might as well make some money off it instead of letting it all go overseas, oh yea and the people's freedoms to do what they please with their money is pretty important!
I hope this article gives you a little information about US online betting and our current situations we face in the US as gamblers. Please remember to gamble responsible and legally where allowed. If you feel you have a problem visit the gamblers anonymous q & a section of their site.
Common Articles:
When looking to venture out into sports gambling, you are likely to find hundreds of online sports betting sites out there. When looking for the best sports betting sites, therefore, the most important issues to consider are the perks that come with the websites. This will ensure you enjoy the greatest sports betting online experience. These perks include signing bonuses and easy usability among others. In this article, we are going to review three of the best online betting sites, which are Bovada, BetOnline, and MyBookie.
#1 Bovada
Bovada.lv also known as Bodog.com in Canada is among the best sports gambling websites that has been in existence since 1994. The site's domain is registered in Latvia. The platform provides access to sport, casino, poker, and racebook wagering.
Bovada has continually offered promotions and offers to its customers. For instance, first-time deposits for sports get bonuses of 50 percent for deposits up to $250, 100 percent for deposits up to $1000 for casino bets, and 100 percent for deposits up to $1000 as poker bonus.
Making a deposit or a withdrawal is easy and only attracts a small fee. For first-time deposits, the processing fee of 4.9 percent is waivered. Payouts are done using rapid transfer, otherwise known as money gram.
Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms. The minimum wager online is $1 and $50 for mobile bets. The only limitation to using Bovada is that the odds are posted late and that they have very low wager limits.
#2 BetOnline
Licensed and regulated in Panama, BetOnline offers sports, live, poker, casino, and live dealer types of betting. It offers a wide range of payment options and several accepted currencies, thus making it one of the most convenient sites for customers across the world.
You get a welcome bonus of 50 percent on deposits up to $2500. However, bonus levels are tiered for different types of wagering. The online game library is categorized into 3D slots, table games, slots, and video poker. Most of the bets are placed online since their mobile platform only allows sports betting.
Maximum and minimum deposits and withdrawals are different for different payment options that are offered on BetOnline. Its major shortcoming is that it has high rollover requirements that customers might find difficult to understand.
Best Online Sports Betting Usa
#3 MyBookie
MyBookie is one of the newest top online sports betting sites in the market. It was established in 2014 in Costa Rica and is fast growing to compete with other older bet staking sites. The minimum online wager on MyBookie is $10 and the maximum is $1000. For mobile wagers, however, there are no limits.
Wagering options for MyBookie include straights, totals, open wagers, action points, teasers, reverses, if bets, futures, and money lines among others. You can bet on games such as NFL Football, college basketball, NBA basketball, NHL hockey, soccer, golf, and horse racing among others.
With one of the highest bet bonuses in the industry, MyBookie gives you a welcome bonus of up to 50 percent for up to $1000 if you are a first time depositor. For reloads, they offer a 20 percent cash bonus. This makes it one of the best sports betting sites.
Its mobile platform has a user-friendly interface that makes it very easy to use. Their customer service is also highly efficient and offers top-notch customer service. This puts them among the best online betting sites today. MyBookie, however, only caters to recreational gamblers as opposed to other top sites that allow professional gambling. The site has also been said to lean more on the US sports market as compared to international sports.
