Introduction to Internet Sports Betting
SPORTS BETTING refers to the act of wagering cash on sports events such as horse-racing, soccer, American football, hockey, baseball, basketball, tennis, boxing, golf, what have you. The list of sporting competitions - as you can probably guess - is practically infinite, especially considering the relatively recent arrival of online casino sites, poker rooms, bingo venues, and of course, the wide world of sports, all wanting their piece of the gamblin' action.
Placing wagers on sporting events over the Net - or 'online sports betting' - is simply a more modern and convenient way for the millions of sports buffs around the planet to wager money on the teams or individuals they believe will either win or lose a game or series, and by how wide a point spread.
OK, BUT IS BETTING ON SPORTS LEGAL?
Depending on where one resides in the world, placing wagers on sporting events via the World Wide Web could either be lawful, unlawful, or - as is the situation with numerous countries - still fairly ambiguous. In some cases, the political maneuvering has been overtly hypocritical & totally protectionist in nature. With the wagers as high as they are these days, and growing bigger by the day, political motivations are playing into online gambling more & more, thereby compelling lawmakers to support what many consider to be Draconian measures.
America in particular did exactly this with their entry into the law books of the Unlawful Internet Gambling Enforcement Act (UIGEA), which was signed into law by President Bush last October & designed to stifle transactions to and from online casino sites, poker rooms and, of course, sports betting venues. Prior to the UIGEA, the US was said to have accounted for around half of the yearly 12 billion dollars generated by online casino and other gaming web sites, including those offering sports betting services.
WHO'S WHO IN THE SPORTS BETTING WORLD
The list of high-profile online sports betting companies (also known as ‘bookies') includes: Bodog, William Hill, Lasseters, Ladbrokes, Sportingbet, BetUSA, plus tons of others located around the world. These firms provide their customers with sports betting odds, advice, plus all sorts of other valuable info to help sports betting enthusiasts win more money more often.
SPORTS BETTING BLOGS and FORUMS
With the advent of Internet gambling in general - and betting on sports in particular - are the increasingly popular blogs & forums. Now, in addition to enjoying their favorite online casino games & poker over the web, gambling buffs can also communicate with like-minded people who share the same interests.
Perhaps more significant is the ability among wagerers to clue-in others about often valuable information like which websites are advertising the best giveaways and bonuses on any given day, or which venues bettors would be wise to steer clear of. Given that the online betting biz is basically unregulated, and so much cash is up for grabs, these blogs and forums often provide unsuspecting sports betting fans the information they need in order to avoid the possible pitfalls associated with betting on sports, both online and off.
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Placing wagers on sporting events over the Net - or 'online sports betting' - is simply a more modern and convenient way for the millions of sports buffs around the planet to wager money on the teams or individuals they believe will either win or lose a game or series, and by how wide a point spread.
OK, BUT IS BETTING ON SPORTS LEGAL?
Depending on where one resides in the world, placing wagers on sporting events via the World Wide Web could either be lawful, unlawful, or - as is the situation with numerous countries - still fairly ambiguous. In some cases, the political maneuvering has been overtly hypocritical & totally protectionist in nature. With the wagers as high as they are these days, and growing bigger by the day, political motivations are playing into online gambling more & more, thereby compelling lawmakers to support what many consider to be Draconian measures.
America in particular did exactly this with their entry into the law books of the Unlawful Internet Gambling Enforcement Act (UIGEA), which was signed into law by President Bush last October & designed to stifle transactions to and from online casino sites, poker rooms and, of course, sports betting venues. Prior to the UIGEA, the US was said to have accounted for around half of the yearly 12 billion dollars generated by online casino and other gaming web sites, including those offering sports betting services.
WHO'S WHO IN THE SPORTS BETTING WORLD
The list of high-profile online sports betting companies (also known as ‘bookies') includes: Bodog, William Hill, Lasseters, Ladbrokes, Sportingbet, BetUSA, plus tons of others located around the world. These firms provide their customers with sports betting odds, advice, plus all sorts of other valuable info to help sports betting enthusiasts win more money more often.
SPORTS BETTING BLOGS and FORUMS
With the advent of Internet gambling in general - and betting on sports in particular - are the increasingly popular blogs & forums. Now, in addition to enjoying their favorite online casino games & poker over the web, gambling buffs can also communicate with like-minded people who share the same interests.
Perhaps more significant is the ability among wagerers to clue-in others about often valuable information like which websites are advertising the best giveaways and bonuses on any given day, or which venues bettors would be wise to steer clear of. Given that the online betting biz is basically unregulated, and so much cash is up for grabs, these blogs and forums often provide unsuspecting sports betting fans the information they need in order to avoid the possible pitfalls associated with betting on sports, both online and off.
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