Legal US Sports Betting News, Updates, and FAQsadmin
On May 14, 2018, the U.S. Supreme Court handed down a decision in Murphy v. NCAA that could effectively alter the sport wagering landscape forever. With a 6-3 vote, the Professional and Amateur Sports Protection Act (PASPA), which since 1992 has prohibited full-scale sports betting in every state but Nevada, was struck clean from the ledger.
The floodgates were suddenly open for states to pass their particular sports betting legislation, and they did so in spades, with no less than a half-dozen countries having either debuted sports books or put themselves to do so by the end of 2018. A select few will also offer you online sports betting.
For those looking to stay informed about the latest sports betting developments, we have got you covered, with breaking news, legislative updates, and general information on this exciting and rapidly expanding industry.
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What U.S. countries have legal sports betting?
The U.S. sports gambling business is in a constant state of flux. Hardly a week goes by without new laws being proposed, an active bill being passed, or an operator launch a live sports publication or online sports betting site.
To Discover More about the current legal status of sport betting in your state, as well as where you can bet on sports now, check out our guide below:
FULL ONLINELIVELEGAL (PENDING)BILL INTRODUCED
What’s the latest sports gambling news?
Pennsylvania has its initial online sportsbooks: PlaySugarHouse, Parx, and BetRivers. Additonal websites are expected to launch soon.
DraftKings, though allegedly trying to get SBTech, is unrelatedly nonetheless facing temporarily delays in launching its new sportsbook in West Virginia.
A New Hampshire judge has mastered the Wire Act applies only to interstate transmissions relating to sports bets.
Maine’s bill wasn’t signed by its governor, so the legislature will need to convene a special session if the state still hopes to enact sports gambling into law this year. If that’s the case, Maine would subsequently join Iowa, Indiana, Tennessee, Montana, Illinois, and Washington D.C. in recent legalizations.
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Advantages of legal sports betting Until now, bettors looking to place a wager on their favorite sports team needed two unattractive options: either open an account on a black market website, or find a corner bookie. In both scenarios, the celebration taking wagers was doing so illegally, and because illegal bookies are operating in an unregulated space, there is nothing stopping them from providing inferior lines, refusing to cover winnings, or banning players with no reputable cause.
By contrast, legal sports books are generally either controlled by a country’s gaming or lottery commission. This ensures the following:
Security of funds On account of the regulations and laws governing the market, bettors who deposit an online sportsbook or mobile sports wagering program can rest easy knowing that their funds have been held securely. Players on the market sites or those who bet through independent bookies have no such assurances.
To be able to play for big dollars in a land-based place, or at all on internet websites, sports bettors might need to show they are who they say they’re. Legal online sportsbooks, specifically, require that patrons verify their identities and banking info. Though this process may feel somewhat over-the-top and uncontrollable, it is the only real way to truly safeguard a player’s sensitive info. Black market websites have little incentive to protect a participant’s individuality, since they don’t need to answer to a governing body.
Don’t anticipate illegal online sportsbooks to act ethically. Bonus structures are usually set up so that gamers have very little prospect of withdrawing their winnings. Even worse, black marketplace sites might decide to only honor refunds from dribs and drabs, or maybe not at all. And there’s really nothing stopping them from saying the lines are actually different from what’s displayed on the site.
Players on legal sites will not be subject to ambiguous policies and on-the-fly adjustments, as the law demands that all conditions be recorded on the website and that any modifications be first approved by the state’s regulatory agency — which is, again, usually the exact same bureau that oversees all lawful lottery or casino operations in the state.
Read more: truesportrealtalk.com