Sports Betting in the USA - Make It Simple

Posted on 2018-06-08 15:42:45

Sports betting in the USA may see better times now that the only hurdle ahead of it has been scrapped. With the repeal of PASPA, everyone is now preparing to see the odds churn violently and gamers enjoying freshly-minted bookmakers. However, for this to become a reality, we will have to see a lot of regulators actually doing their best and states voting in favor of the proposed changes.

Sports Betting in the USA: State by State

The truth of the matter is that sports betting in the USA will ultimately boil down to how each separate state handles their regulatory knots. For the most part, the states are separated into three, with those for, those against, and the neutral zones where both camps will try to muster up support. Without going too much into detail about the naysayers, we will focus on the places where sports betting is likely to kick off in earnest, and where people can enjoy odds very soon! In fact, as early as Friday June 6, we may see the first sports betting operations launch in New Jersey

The Sports Betting Status Quo in the USA

Presently in the United States, not everywhere you can wager on the outcome of races. With this in mind, you will certainly need to single out the best states for the purposes of betting. Nevada, New Jersey, and Delaware where Delaware has already established itself as a top betting dog. Indeed, Delaware has jumped the gun and outpaced even New Jersey in legalizing its industry. You may ask yourselves if that’s a good thing, and we will let you know right from the very beginning that it is in fact quite the achievement! New Jersey was the state to win in SCOTUS and repeal the pesky PASPA which had been interfering with the legalization of sports all across the United States. It is thanks to New Jersey’s continuous support and overly expensive legal bills that we can enjoy legal betting today. With this in mind, we will want to pay our due to New Jersey and congratulate it for the achievement. The status quo is changing because of New Jersey relentless pursuit of a goal that has been so dear to many, but only a handful have been bold enough to actually pursuit.

So Will Sports Betting Become Completely Legal?

The honest answer to this will depend on your location in the United States. The states that have endorsed it – surely enough, they are licensed and allow such matters to continue. If you are trying to bet on sports from a location where sports betting is banned – most certainly not. However, even if you are wagering on a website that takes US punters from banned states, you needn’t worry, because no regulator will go after you for placing a wager. It’s far more likely for these companies to target the bookmakers, but since most of them will be located offshore, it’s rather pesky to actually bother at all.

The Drawbacks of Wagering on Unregulated Affairs

We will be honest, you won’t suffer any legal repercussions, but you bankroll might. There many pitfall of wagering in offshore bookmakers, and that is why the best names, such as bet365, for example, will never risk to take punters as an offshore operator. Brush aside the fact that you will no longer be able to dispute a wager, if a bookmaker decides to go rogue, but anything you do there – depositing or withdrawing will in fact cost you. The nature of offshore operators will have you wager higher sums which will be pernicious for your bankroll. You won’t be able to deposit under, $50, which is already dangerously high, and withdraw sum that are smaller than amounts which regular operators wouldn’t dream of slapping you with! The truth of the matter is you need to be careful, and you will always have to pick up the slack.

So What Can I Do?

You may continue gaming on operators that take punters, but we recommend that you keep your credit card information away for the time being. You should register a new one and keep it only for the purposes of gaming. Meanwhile, if you want to wait for the US to finalize the legalization of sports betting, you may as well! The wait will be worth you while.