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Frequently asked questions about sports betting
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- Welcome to the most complete collection of legal betting site reviews in the USA. We monitor and report on online gambling developments and add new sportsbook.
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Why is it so hard to find sports betting websites taking U.S. customers?
This question is generally asked by American bettors who are new to gambling online. Unlike other countries throughout the world and especially Europe, where sports betting online is indeed legal and regulated, the U.S. has taken a stance against wagering on the internet. The Congress passed a law in the late 2006 which forbid the banks and other financial institutions from transferring money to and from online gambling websites, including sportsbooks, which although hard to implement, did indeed cripple the offshore sportsbook industry to some extend. The UK-based publicly traded online sportsbooks did leave the USA sports betting market right away and those internet sportsbooks left to service the North American population were faced with though payment processing and other various issues related to accepting Americans to bet online at their bookmaking operations. Of course, there are quite a few betting websites who continue to allow players from the USA to bet with them on sports, and for informational purpose only we have gathered the best of them and listed them here. You can find another list of USA sportsbooks, including news and reviews.
Will sports betting in the USA be legalized any time soon?
That's a tough one. In our opinion, sports betting in the U.S. will not be legalized anytime soon, considering that even the land-based sportsbooks are currently legal at only 4 states in America. Although, some of the other states are now looking into finding a way to make sports betting in their states legal, by challenging the interstate gambling act, before the online sportsbook become legal in the U.S., we have to see a few of the states legalizing their own sports betting operations first. There are two forms of wagering on the internet which are considered legal in many states - lotteries ran by the state itself and online horse racing wagering. But those are not open to offshore operations at this time. Of course, prohibition as usual does does nothing as intended, at the end most of the criminal organizations have been 'running numbers' for as long as they have existed in the USA. A totally different approach is needed in the United States towards sports betting and online sports betting, but at this time it would be a miracle if something is done in this direction. Learn more about arbitrage betting at the Wiki betting page.