The most troubling questions that bother avid bettors today are “Is sports gambling legal?” and “Am I breaking the law by putting a bet online with this particular website?” It is hardly surprising that a majority of online gamblers are worried and anxious about standing on the wrong side of the law despite the fact that he experiences a lot of fun and excitement while gambling.
The Interstate Wire Act of 1961 was cited by the Usa, prohibiting sports gambling and sports wagering by means of different devices that had wires or even the telephone, between states in the nation. The world wide web obviously had not been invented during those times so many legal experts have questioned what the law states as pertaining to the online world and also if the law pertained to all forms of wagering or only to betting on sports activities.
The United States Justice Department claimed the Wire Act did relate to all forms of wagering and gambling such as the Internet. The SAFE Port Act was passed in 2006. This act also included the Unlawful Internet Gambling Enforcement Act which prohibited all Americans from using checks, electronic fund transfers and credit cards to finance online sports gambling.
But this act only handled the actual funding of online gambling instead of the actual placing of online bets from the gambler. Therefore, it made no effect on the bettors gambling activity online. Hence it was stated that the bill did not make online gabling illegal but made merely the funding of the bet online illegal. In other words, it was the financial transaction and not the betting that was being criminalized.
In an effort to legalize internet/online gambling Rep. Barney Frank introduced the Internet Gambling Regulation and Enforcement Act in 2007. James McDermott also introduced the Internet Gambling Regulation and Tax Enforcement Act that had to do with regulation of gambling sites on the internet as well as a collection of taxes for the bets made.
Free reviews, guides, articles and gambling software that can be downloaded from gambling websites gives valuable information and methods on internet sports gambling. Despite the doubts and problems that could arise on account of online sports gambling specifically if you are not aware of the rules and regulations within your area and jurisdiction, too many people are hooked on this sport and cannot help but enjoy online sports betting. rebelbetting arbitrage boot camp pdf
The question you have to ask is “is sports gambling legal within my state?” Be sure to keep within the limits and regulations of your area and you will not be at risk of breaking the law. It is hard to resist placing your bet through a good and reliable sportsbook online that offers you a number of sporting activities to choose from and has a strong reputation of excellent customer service, fast pay offs, and great deposit and withdrawal options like e-check, Neteller, Credit cards, E-wallet etc.