Legal Sports Betting Sites & Online Sportsbooks

What currencies can I bet with online? How soon can I cash out my winnings? For instance, Mickey Mantle and Willie Mays were both banned from baseball in after taking jobs as casino greeters which would have expelled them from the Hall of Fame had it been allowed to stand ; they were reinstated two years later. Before you jump in and begin the sign-up process, keep in mind that not all online sportsbooks will take every deposit method. Part 1: The marketplace

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Las Vegas Sports Betting Sites

With PASPA gone, it shouldn't be too long before the other federal gambling restrictions mentioned above are a thing of the past, and that will be joyous news to states like New Jersey who has finally added bookmaking to their list of gambling options available in Atlantic City. Most states do not have specific laws on the books making betting on sports illegal.

A few states such as Washington and Maryland have recently implemented bills to ban online sports betting. However these laws for online sports betting are used to go after owners of sites and not the players. Some sites may choose to block players from these states, but this does not mean betting sports online is illegal in the United States.

It is our opinion that it is legal to use only the most trusted, best sites to place bets on sports , and you will not get in trouble. As stated above, no person has ever been charged with a crime pertaining to using an online service to bet on sports. The laws and regulations set in place are unclear at best for the most part. Even when laws do apply strictly to online sports betting these are used to go after the sites and not the members of said site.

Will online sports gambling ever be regulated one day? Chances are that it will but it will likely be the last of the three major forms of online gaming being discussed these days The short answer is yes, NFL betting is legal in all 50 states. The long answer is far more detailed but the basics can be summed up rather quickly.

State law on the matter is almost non-existent outside of a few states because federal law had supremacy and superseded it. When PASPA existed, states simply relied on that sports betting ban instead of legislating their own corresponding bans.

Therefore, there was no need for state laws. Federal law only deals with the operation of sportsbooks and not the act of placing a bet. So, is NFL betting legal online? Yes, and several states where land-based sports betting is already legal like New Jersey, Delaware, and Mississippi, among others are actively trying to get online NFL betting live by the start of the NFL season.

However, for the majority of Americans, the best online football betting sites are outside of U. The betting age in the United States is not consistent. States have decided that the gambling age should be either 18 or 21, but as far as which states implement which age it's up to the local government. When applying the betting age to online sports betting sites, there are a couple of factors to consider. The first is that the sportsbook is based offshore.

They are not under federal or state jurisdiction. Therefore they have their own age. But many sites will also state that the local gambling age must be met in addition to their age as well. While we state that it is perfectly fine and safe to place sports bets online in the United States , we are not lawyers and suggest that anyone with concerns to contact a legal professional.

We are simply avid bettors who follow this industry and have the knowledge most do not. Using the information at hand and a little common sense, we offer our opinions and conclusions on this matter. Satisfied with the info we've presented so far? Good because this section is dedicated to covering the places where it is legal, if not extremely safe, to make a wager online. These websites have gained a reputation for being legit and it's not something they're willing to compromise to increase their bottom line.

Our staff has active accounts at these bookmakers and routinely risk their own money when making picks. One of the best places that USA players can go for legal online sports betting is at Bovada Sportsbook.

This betting site truly epitomizes exactly what a sportsbook should be. They have betting odds that cover all of the most popular sports in the U.

Bovada allows bettors from every state but five to create an account - Maryland, New York, Nevada, New Jersey and Delaware cannot create accounts. Those states which are allowed will be able to participate in legal online sports betting at on the top-rated spot around. BetOnline has some great features for bettors to check out. Along with being a legal sports betting outlet for American players, account holder and prospective bettors are able to access the site from just about anywhere now.

Through the use of mobile betting, BetOnline has expanded its operation into the realm of mobile devices. Recently, Nevada has taken steps to position itself for such a scenario. The majority of the state's books offer mobile sports betting in Nevada.

In , the state passed a bill clarifying that the state's licensed operators could manage sports pools in other legal jurisdictions, and Nevada also has set up a scheme where out-of-state bettors can invest into sports betting entities -- similar to mutual funds -- that are managed from within the state.

They appear willing to surrender the monopoly Nevada has enjoyed in exchange for the ability to expand into other jurisdictions and offer one of the rare forms of gambling that is growing: While business is booming, Nevada remains a small portion of the enormous American sports betting pie. Experts estimate more than 90 percent of all sports betting in the U. That behavior must change if the U. For the most part, the offshore industry has evaded U. People, given the choice, prefer to be in the legal, regulated market.

It's going to take more than just offering competitive odds for a new regulated market to take a bite out of the established offshore market, one longtime offshore bookmaker told ESPN.

Marisa Lankester, author of "Dangerous Odds: My Life Inside an Illegal Billion Dollar Sports Betting Operation," believes offshore operators will continue to use cutting-edge technology to stay ahead of the game, even if the U. Sources said operators desiring secure phone lines have considered purchasing an entire telecommunications company on an island, and some bookmakers are already moving operations onto yachts in international waters.

A commercial satellite engineer told ESPN that such technology "already exists. There's also a platform being designed that would take the bookmaker completely out of the equation. Every stock exchange -- and its sports betting cousins Betfair, Matchbook and Smarkets -- is centralized, meaning each bet starts and ends in the same place. Augur, which recently entered beta, is a decentralized prediction market fueled by virtual currency.

Users are free to offer or match a plethora of sports-related options. The Augur platform will be available to anyone willing to deal in e-money. Jerry Brito, the executive director for Coin Center, a nonprofit research advocacy center focused on cryptocurrency and computing technologies like Bitcoin and Ethereum, believes a decentralized sports betting exchange market is the future.

And because it's potentially global, it could be a really big book with a lot of bets. That's going to be very interesting to watch. Sophisticated sports bettors in the future may be able to place their bets on U.

The process for regulatory approval of such betting platforms has already started at the federal level and in Nevada, multiple experts said. The CFTC, which regulates futures and options markets, is currently considering the legality of an exchange-type platform that could include sports, two sources told ESPN. A CFTC spokesman declined to comment on any pending case that was not yet in the public record. A betting exchange is the functional equivalent of a stock exchange for sports, where bettors can offer or take positions on sports events.

In such an exchange, every bettor becomes a miniature bookie, proposing potential wagers and waiting for one or more others to bite. It's a peer-to-peer model, with the platform charging a commission fee.

In , Betfair, the mammoth London-based betting exchange that revolutionized sports gambling in Europe a decade ago, was granted an American patent titled "Betting Exchange System. Betfair began operating a horse racing exchange betting platform in New Jersey earlier this year after several years of legal wrangling. Smarkets, a smaller betting exchange operator based in Europe, recently announced plans to open an office in the U.

The exchange model would seemingly give the sports leagues an opportunity to directly monetize sports betting, something experts said may be all that's stopping them from reversing their decades-long opposition to legalization. In the exchange model, the leagues wouldn't have a stake in the outcome, like a traditional bookmaker.

Instead, they could profit off of how much is wagered through a trading commission, tacking on a data surcharge or a "right to offer bets" type of licensing fee as is found in other countries. Not everyone believes the exchange model will be the dominant platform in a future regulated market, though.

S, said the exchange is the niche product. The NBA's Spillane, while familiar with the exchange model, says the league hasn't determined whether a certain betting platform is better than the rest. And backing or selecting one particular form of betting to the exclusion of others, I'm not sure that's going to accomplish that goal.

Clement described it as a "friends and family" plan. In a court decision in September, a panel of judges endorsed Clement's position as illustrative of measures states could take that wouldn't run afoul of the federal ban.

Gaming regulators in Nevada also are considering sports wagering exchanges. Quinton Singleton, a vice president for sports betting technology provider NYX Gaming Group, has been writing regulations for a potential Nevada sports exchange and expects movement in In addition, the Silver State Sports Exchange is working to get approval for a phone app that would allow anyone located in Nevada to offer bets, but only gaming license holders, like the state's sportsbooks, could accept wagers posted on the exchange.

In a deposition, former baseball commissioner Bud Selig described sports gambling as "evil" and "the deadliest of all things that can happen" to sports. Four years later, a more pragmatic approach is now emerging among sports league brass, government policymakers and law enforcement, signaling a future with expanded legal sports betting in the U.

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