US sports betting is a big business these days. With a huge variety of high quality online betting sites to select from, it sometimes opens the mind to even more questions. At the top of that list is an easy one: What’s the best online betting site to use? Of course, this answer varies based on each person’s personal preferences. However, there are some things you should consider when trying to decide which site and which games you will be investing your time and money in.
The first thing you need to look for is whether or not the US sportsbooks you are looking at are legalized. Just because an online betting site has come from another country doesn’t mean that it is going to be allowed in all US states. While most US states have legalized gambling, there are a few that do not, including Alaska, Nevada, and Oregon. This means that if you want to place wagers on NCAA or professional sports, you may not be able to legally wager on those games.
If you want to be even more thorough about it, you can get a list of all the legal gambling games that are played in each US state. Once you do that, you can easily see which games are licensed and which ones aren’t. In many cases, the laws change slightly from year to year, so it’s important to keep up with them. Otherwise, you could find yourself getting into some serious legal trouble!
Now that you know which games you can bet on legally in the US, you should learn about how US states determine how much each bet should cost. Betting on sports in the US comes down to determining the “loser’s burden of proof.” This is basically the standard used to determine who has to pay for a bet. It’s referred to as this because it requires individual states to show that someone else was at least partially responsible for losing a bet. It’s a lot harder to prove this in person than it is online. The laws vary from state to state, so you’ll need to check them out when you’re looking around for good online sports books.
Online sports books don’t have to abide by the same standards as the actual bookmakers do. For example, it’s illegal for an online book to offer odds on something like football while letting customers place bets on something like horse racing. So what kind of app would it take to qualify as a legal stateside betting app? Most apps would offer some sort of odds on a variety of sports and events, but they wouldn’t be the officially licensed products that the real bookmakers offer. If you want an official app, then you’re going to need to check out the official NFL stores, the official NBA stores, the official UFC stores, the official NHL stores, and the official soccer stores.
Many individuals wonder why there aren’t more states attempting to regulate sports betting. Well, the truth is that many individual states simply have a hard time getting themselves organized and funded to do anything. The creation of a standard betting regulation has always been problematic because there’s not enough support among individual states to make it worthwhile. So the only way that things ever change is if each individual state gets a whole new legislature and passes a law that says that all games must be regulated via the same guidelines.
Regulating a state-regulated sportsbook could come in the form of restricting the kinds of bonuses that can be offered to new customers and guaranteeing refunds if these new customers lose money. Also, new customers can’t be given any special “teaser” bonuses or the like. This might sound like a stupid way to regulate a sportsbook, but it’s actually necessary because it can prevent shady activities on the part of some sportsbooks. For instance, if a sportsbook offers a 100 percent money back guarantee on a sportsbook service, and a customer takes advantage of this guarantee and bets on several games, then the sportsbook has to turn around and issue a refund because the customer was using illegal sportsbook gambling methods. This is called the “sportsbook blackout rule” and it’s the reason why most states have never attempted to pass any legislation that would regulate sports books on the whole.
Hopefully, over the next few months we will see more progress made towards the legalization of wagering on games including soccer, baseball, basketball, football, and maybe even cricket. If successful, it will be exciting to see how all of this would affect online betting on these sports. Who knows, maybe someday, US casinos will be able to offer free bets and cash lines on any US sports game. That would be an exciting time to be a sports bettor in the USA.