How does online betting work? Is it legal?

Question

How does online betting work? Is it legal?

Answer 1

It's not illegal to bet online with an off-shore gaming site! There is NO federal law that makes the act of wagering online illegal. The only federal law that addresses gambling is the wire act from the 1960's which makes it illegal to place wagers via the telephone. The US government passed a port security law and tacked on provisions (UIGEA) that make it illegal for BANKS, not players, to fund or accept payment from gaming sources. The only problem (for the govt) is that there are dozens of third party methods available for funding and no way to trace ACH credits. In other words, the new provisions are only for show and the end result is a waste of ink. I still use my VISA check card and e-check on my favorite sites. Online gaming will be impossible to completely eliminate from the US. The best they can do is make it inconvenient. Eventually I see the industry being regulated and taxed...heavily!

The only states with laws directed towards online wagering are Michigan, Illinois, Louisiana, Oregon, Wisconsin, Washington, Indiana, Nevada, New York, New Jersey and South Dakota. Although these states do have specific laws pertaining to online gaming, there has not been any charges laid.

Some sites have decided, on their own, to no longer accept American players. These are the publicly traded companies and most have returned to private owners. There are still many highly reputable sites that welcome and cater to American clients.

I have wagered online for years and make good money betting on sports and playing poker. You can get free sports betting tips, poker tips, matchup stats, tools, sports picks, stats, and reviews of only highly reputable gaming sites at http://GamblingReviewsSite.com

The recommended sites all offer top customer service, security, and fast/free payouts.

Answer 2

Online betting works the same way as offline betting does. The difference is that you can do it in the comfort of your own home. You choose a reputable site, deposit money using one of the secure payment methods, then place your bets. If you win you can receive your money either by check, or some other way you choose. And yes, it is legal.

For a list of trusted sites check out http://bestfreecasinochips.tripod.com

Hope this helps :)

Answer 3

It's actually completely incorrect to assume (as some do) that online gambling is illegal in the US.  For example, the online anti-gambling bill that Frist snuck in back in 2006, actually completely opened up online horse race betting.  Any American can bet the horses without any hassle at all.

Other forms of gambling have tighter restrictions.  So really it just depends what kind you are looking for.  You'd have to be more specific about what kind of gambling you'd like to do.  But most forms of it are available online.

Answer 4

The online gambling system serving the US is alive and well!  It's just a little harder to get your money to and from online gambling sites, but not by a longshot.  Check http://dagus-statistics.com/reviews.htm for a list of reputable sites accepting US players.  Navigate around and you'll also find each site's BEST bonus codes, tips, and a guide to banking with online casinos.  Hope this helps.

Answer 5

You can find everything explained at http://nadalbg.proboards61.com/index.cgi...

Answer 6

if u want a good betting site use www.betjm.com and use referral number 37574

Answer 7

it is illegal to bet online in the US for any site that you deposit money into.  So if you risk your own money you are breaking the law.  Plus those offshore sites are not under jurisdiction of a stable government so they can pay you if they want or not

I did find an interesting site, that if you want to see how you would do gambling without the risk, it is free.

they are an add model and let you bet with money they give you.  never ever can you deposit money,  if you get to $10 they pay you though, and if you run out they give you money to bet with again.  

it is an ad-model meaning they get their money from advertisers.   for an example of ad-model companies and the guilt free gambling.    look under the "Fun Money" tab at the site below.

good luck

Answer 8

Online betting is "illegal" in the United States and also in some states, but is not regulated in any way. Almost all gambling sites allow for players to play for free, not illegal, and also allow U.S. residents to play for money. For a list of sites that allow U.S. and Non-U.S. players go to http://www.fullofpoker.com