Until very recently, most of the biggest online bookies concentrated their efforts solely on Europe, simply because punting is way more popular in that part of the world. However, that’s looking to change soon.
If market studies are to be believed, online sports betting in the States will soon be catching up to Europe in terms of numbers, and the fact that many states are slowly relaxing their legal stance on the issue of remote gambling only contributes to this.
With that in mind, we’ve created this article which contains everything you need to know about USA betting world.
Is online betting legal in the USA?
This is the first thing that will come to your mind, and rightly so. We recommend that any punting you do is only with legitimate, respected crypto bookmakers. You need to stay safe, and that’s the only sure way to be sure.
Now, the issue of legality and gambling comes up quite often in the USA. However, the country does not exactly have a long history with sports betting. Usually, when Americans think gambling, they think casinos and card games.
As such, not a lot of states allow any kind of sports betting, let alone the online variety. As of 2020, the states which have legalized sports betting are:
- New Jersey
- New Mexico
- Rhode Island
- West Virginia.
However, online usa gambling of any kind is highly restricted throughout most of the country. The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) did not specifically prohibit online gambling – in instead targets any sort of financial transaction involving online gambling. As such, a lot of the top online bookmakers do not offer their services in the States.
There are loopholes with this regulation, and the UIGEA is a highly criticized regulation. However, there are certain states whose residents can legally bet using the internet. These are:
- New Jersey
US Bookmakers Online
Because of the above mentioned legal issues, finding a reliable bookie can be difficult for US citizens. First of all, brands which are recognized as go-to industry leaders avoid doing business there. Not only are they able to offer their services to a very small part of the population, but they also have to jump through a lot of hoops and be subject to stringent taxation.
As such, a lot of bookmaker ratings you would find online will not be very helpful. Instead, you have to look for betting sites which specifically target the US. These often have inferior quality services when compared to their EU counterparts.
Furthermore, because of how the UIGEA works, there’s a lot of sites out there who’ve figured out ways of going around this using alternate payment methods. These are not necessarily shady or scams, but you need to be doubly careful with such offers. They operate in a legal grey area. The problem is not that you will be fined or legally sanctioned when using them – but if any issues do happen to come up, you will not have customer protection safety nets to help you out.
People are asking these questions
⭐ Best Bitcoin betting USA sites?
⭐ How do US betting odds work?
In the United States popular is to use American odds. The Odds for favorites are accompanied by a minus (-) sign, indicating the amount you need to stake to win $100. Odds for underdogs are accompanied by a positive (+) sign, indicating the amount won for every $100 staked.
⭐ What is the gambling age in Nevada?
Gambling age in Nevada is 21 year of age and its no casinos which let you gamble at 18.
⭐ Why is gambling illegal in Texas?
In Texas legal forms of gambling is lottery, wagering on horse and greyhound racing, bingo, raffles.
⭐ Why is gambling illegal in Hawaii?
In Hawaii you can play any gambling game, so you will not find here any lottery, horse race, sport betting or even bingo. Hawaii is only one of two states that had no legalized gambling of any kind.
⭐ Why is gambling illegal in Utah?
Utah gambling is nonresistant, there is no state lottery, charities cannot even hold bingo games or raffles.