Sportsbetting in the US is a difficult area to cover. With 50 states that each have their own laws about sportsbetting and online gaming, Americans may not be sure if sportsbetting is allowed in their location. But for the Americans who enjoy sportsbetting and aren’t lucky enough to live near by a casino, online sportsbooks are the way to go.
Is online sports betting legal in the US?
This is a legal grey area, but betting on sports online is legal in some US states. The reason many people think sports betting is completely illegal is the Wire Act and the UIGEA.
The Wire Act bans bank wires between states for the purposes of sports betting, and the UIGEA seriously limits the banking choices available to Americans who want to gamble online. Neither of these laws ban online gaming, or online sports betting. However, they do make depositing more difficult.
If you want to be absolutely certain what is legal in your state, should check local laws. Only a few states have laws directly concerning any online gaming.
Sportsbooks accepting US players
While sports betting in the US may not be outright illegal, many sports books have simply banned US players. This makes it easy for them to service legal clientele. But if sports betting is legal in your location, how do you know which of the bookmakers is reputable? Two of the best US online sportsbooks are 5dimes and Bookmaker.
Deposit options at USA Sportsbooks
This is where the government is able to restrict transactions between online bettors and sportsbooks. They simply don’t allow these offshore bookies have bank accounts in the USA, so deposits for large amounts are far more difficult. However some leading USA betting sites like BetOnline.ag and Bovada get around this by using Visa, Neteller, bitcoins and other technology to facilitate deposits.
Withdrawals from sportsbooks can be more difficult with the best case scenario an international bank transfer, which can take up to a week. However there are alternatives like Neteller and even bitcoin (If you know what that is) that allow you to withdraw quicker. Just be aware the withdrawals can be an issue at some offshore bookies – so do your research before committing cash to the site.
Sportsbetting in America
Online sports betting can be a great way to relax, or even win some cash. Depositing into your sportsbook account can be a little more difficult and requiring a few more steps than normal. However if you take the time to use a well known and respected sportsbook, players can have fun and possibly even win big.