Is online betting illegal?

Question

I just opened an account and I told my dad how I won like 200 bucks in a night, but he says be careful its illegal. I wanted to know if that is true and what type of trouble i can get into

Answer 1

Absolutely.

Federal-pound-you-in-the-butt-prison.

Answer 2

It depends on where in the world you are. If you're in the US then although I'd doubt you'd be prosecuted, there are many restrictions in place for online betting.

You can learn more at:

http://www.OnlineBettingExposed.com

Answer 3

It's not illegal to bet online with an off-shore sportsbook! 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, 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 4

Moving money into or out of the account is illegal.  So no reputable bank or credit card company would be involved in that.

It sucks that this is the case.  I'd stop what you are doing immediately because you are breaking the law.

By the way - I am assuming you are American.  You don't say in your question.