Laws for Sports Betting in America
“Watching the game” is a worldwide hobby, and while sports betting laws in America sound harsh, they aren’t as tough you think. You can join in the billions of dollars of sports betting action that occurs every year. For reasons unknown, modern politicians use scare tactics and misinformation that keeps you from feeling totally safe while placing bets, but we know that you can do it. It’s fun to place bets online and you’re allowed to make wagers on your favorite NFL or MLB teams legally. For most Americans, it doesn’t appear that the laws are going to change any time soon and they don’t really need to. Who cares about laws that don’t impact you? We’ve outlined the prevalent sports betting laws of the land and at the end of this article if you don’t think that you can use an online sportsbook, you must be gone off that water bottle.
There are three major laws that regulate sports betting in the United States. They aren’t hard to understand and they work in tandem to prevent unauthorized organizations from facilitating sports wagers. Land based operations were severely limited by the Professional and Amateur Sports Protection Act in 1992, but a couple of states retained their ability to license sportsbooks. Laws created before the widespread availability of the internet, or even the personal computer, somehow regulate online business in the modern era.
Americans need to be aware of the laws of the land and how they affect the average bettor. In this country, we have a saying, “ignorance is no excuse for the law,” and it is very true. Learning why these laws are your legal defense, not your legal prosecution, is imperative. Police officers don’t care about you until you really break the law. Know your rights and read the betting laws to see why police will never come knocking. Fortunately for you, it doesn’t take passing the bar to understand the laws that regulate sports betting and we’ll be happy to help explain them. Read on below for a great summary of each law and why they will never affect you, and we’re sure that you’ll be ready to place some bets online.
Land-based sports betting took a serious hit from the passing of PASPA. All you need to know, is this law only affects land-based operators, not land-based bettors. The act targets both private and subsidized operations and prevents them from setting up any form of sportsbook. There were a few states that had been accepting bets long enough to retain sportsbook authorizations through this bill. Nevada and Delaware hold an exception to this law and other states in the Union are currently seeking to expand their rights, in order to, offer sports betting to their residents. Online sportsbooks don’t need to go through the hassle of dealing with the federal government and waiting on voting cycles to come around every few years. These sites do business from foreign countries and while they are outside of the jurisdiction of the federal government, they cannot be stopped by it.
The dominant bill that regulates and overseas internet traffic is the Wire Act of 1961. This law prohibits the transmission of wagers or betting information over a “wired communication facility” and stops the collection of bets. When this passed, UC Berkeley researchers were still working with DARPA to develop the internet, but somehow, modern day communications have fallen under the umbrella of this bill. This one still baffles us and we know you’re wondering why this law still is on the books, but it doesn’t appear to be going away. It’s simple to say that this is a pointless law when it comes to internet betting because it only stops the facilitation of the wager. Go online and place your bet, because you have protection built in from the Wire Act. The casual bettor clause gives a valid legal defense tailored just for internet gamblers.
You’ll find that requesting a sportsbook payout from an online sportsbook is not a difficult process. The sports betting sites offer many different methods to process your withdrawal. Because of a law called the UIGEA, these methods must not send money directly to your credit card. This isn’t a problem because these sites offer numerous payout methods that are fast and safe. The unlawful internet gambling enforcement act was passed in 2006 as a response to growing concerns of debt collections and consumer credit. It does not affect you, the average bettor.
Online sportsbooks are trusted by gaming commissions and they are required to follow certain rules to continue to offer the best American sportsbooks experience to American citizens. It’s important that you learn what the legal gambling age for your state is because some states are higher than others. Most states set their age restriction at 18 and require that their residents be at least that age to participate in any form of betting, either online or land-based. Some states have set a higher limit on the age of their bettors and if the limit is 21, than sports betting websites must honor local jurisdictions. It’s important that you tell the truth to the online sportsbooks, because payouts require identification and accounts that have allowed minors to gamble are subject to suspension or the loss of their funds.
Sports betting sites are doing everything possible to keep your identity and financial information safe from all cyber attacks and hackers. Your financial information will be completely safe because these websites are equipped with new technology to protect you. It’s safer to make a deposit at an online sportsbook than ordering your takeout. Their servers have been using modern encryption techniques that safeguard all of your personal information and they’ve never suffered a security breach. Watch out for the lock icon in the address bar because that’s telling that your connection has a higher level of safety and encryption. Browse with certainty of your infallible indemnity.
Sports fans in America that are in the know realize that, in order to wager on any game or event they want, they must either live in Nevada or use one, or many, of the best American sportsbooks that exist online. We are here to tell you that Bovada is one of the greatest, if not THE greatest, legal online sportsbook available to most U.S. residents. This is a company that has been around since the birth of the internet, and now has millions of members from this country as members.
The sports betting laws in America are not harsh when it comes to individual bettors that just want to put some money on their favorite teams. This law is strict for bookmakers however, not allowing them to open up shop in most states. Bovada sidesteps these laws by virtue of its location. Operating out of Canada, Bovada doesn’t have to adhere to the stateside regulations for bookmakers. Chances are you join Bovada and bet real money any time you like, so head over now and complete the short signup process.