By far the most uncomfortable questions that bother avid gamblers today are “Is sports gambling legal?” and “Am I breaking the law by putting a bet online with this specific website?” It is hardly surprising that a majority of online gamblers are worried and nervous about being on the wrong side of the law despite the fact that he experiences a lot of fun and exhilaration while gambling.
The Interstate Wire Act of 1961 was cited by the United States, prohibiting sports gambling and sports wagering by means of different devices that had wires or even the telephone, between states within the nation. The internet obviously had not been invented at that time so most legal experts have questioned what the law states as relating to the online world and also whether the law pertained to all kinds of wagering or merely to betting on sporting events.
The United States Justice Department claimed the Wire Act did pertain to all kinds of wagering and gambling including the Internet. The SAFE Port Act was passed in 2006. This act included as well 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 exact funding of online gambling and not the specific placing of online bets by the gambler. Therefore, it made no impact on the bettors gambling activity online. Hence it was stated that the bill could not make online gabling illegal but made merely the funding of the bet online illegal. In short, it was the financial transaction rather than the betting that had been 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 on the bets made.
Free reviews, guides, articles and gambling software that can be downloaded from gambling websites gives valuable information and techniques on internet sports gambling. In spite of the doubts and problems that could arise on account of online sports gambling especially if you are not aware of the laws and regulations within your area and jurisdiction, a lot of people are hooked on this sport and can’t help but enjoy online sports betting. arbitrage betting 2015
The question you have to ask is “is sports gambling legal within my state?” Be sure to keep in the limits and regulations of your area and you will not be in danger of disobeying the law. It is hard to resist placing your bet by using a good and reliable sportsbook online which provides you a number of sporting events from which to choose and also 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.