Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Announcement – MIPL 2023 Qualification Update

    February 3, 2023

    How to Understand Techniques and How to Play Ufaball88 Online Football

    January 11, 2023

    PokerMatch India has partnered with the World’s First Professional Match Poker league

    December 15, 2022
    Facebook Twitter Instagram
    Pokerx88
    • Home
    • Betting
    • Casino
    • Gambling
    • Poker
    • Reviews
    • Slot
    Facebook Twitter Instagram
    Pokerx88
    Home»Casino»Is Sports Betting Legal?
    Casino

    Is Sports Betting Legal?

    By ThomasFebruary 25, 2022No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Recently, the news has been reporting about the loosening of restrictions on sports betting in the United States.

    This is interesting because historically the U.S. government has restricted gambling, including betting on sports.

    Nowadays, however, it seems as though the United States is lifting restrictions on sports betting to a degree that modern society has never seen.

    Despite the feeling that laws and regulations are allowing for more bettors and tipsters to operate legally, it can be challenging to understand where to legally bet on sports.

    Understanding whether sports gambling is legal in the United States can be confusing because sports gambling is regulated at the local, state, and federal levels

    Plus, sports betting is just one niche within the broader gambling category.

    To help untangle the complexity, read below to learn more about the current status of whether betting on sports is legal in the United States and where you can do it.

    Learn more about money and technology here.

    What is Sports Betting

    Sports betting is trying to predict the outcome of a sporting event with money at stake.

    If you want to learn more about how to beat the odds, the top sports betting blogs help you predict outcomes in virtually every sport.

    How it works is you find a casino or bookie who serves as the person on the other side of the bet as you.

    They give you the odds and price the bet, and then you make a prediction and pay them your wager.

    A simple example is to bet on which team will win. For instance, you could bet $50 that the KC Chiefs will win the Super Bowl for 3 to 1 odds.

    If your prediction is correct, you win the payout money plus you get your wagered money back. In the example about the Chiefs, you triple your money.

    If your prediction is wrong, you lose the money you wagered. In the example about the Chiefs, you lose $50.

    Brief History of U.S. Sports Betting Laws

    The restrictions on gambling in the U.S. has ebbed and flowed over the history of the nation.

    While originally quite permissive, the gambling laws became stricter in the late nineteenth and early twentieth centuries.

    Originally viewed as an entertaining way to spend time and enjoy a social thrill, gambling became associated with organized crime and shady dealings.

    Despite the restrictions on gambling, it seems that there always has been at least a few locations where gambling was allowed.

    With the rise in popularity of professional and collegiate sports in the mid-twentieth century combined with the growth of Las Vegas, sports betting grew more popular too.

    Gambling is legal under U.S. federal law. In 1992, the U.S. Congress passed a law that made gambling illegal at the federal level except for in a few states.

    Those wanting to bet legally on sports have mostly been restricted to doing it in Las Vegas or through underground channels.

    Despite its restricted status, in 2020 gambling was a $240 billion dollar industry that employed 1.7 million people in 40 states. This made a significant contribution to state and local tax revenue.

    Gambling is controversial though because it tends to increase political corruption, compulsive gambling problems, and higher crime.

    Sports Gambling: Current U.S. Legal Status

    In May 2018, the U.S. Supreme Court rendered the 1992 anti-gambling laws unconstitutional.

    Accordingly, each state has the power to regulate gambling, and therefore sports betting, however it wants.

    Here is a list of each state by current status:

    States Where Sports Gambling Is Legal Online

    Arizona

    Colorado

    Connecticut

    Illinois

    Indiana

    Iowa

    Michigan

    Nevada

    New Hampshire

    New Jersey

    New York

    Oregon

    Pennsylvania

    Rhode Island

    Tennessee

    Virginia

    West Virginia

    Wyoming

    Legal In-Person

    Arkansas

    Delaware

    Louisiana

    Mississippi

    Montana

    New Mexico

    North Carolina

    North Dakota

    South Dakota

    Washington

    Wisconsin

    Almost Legal

    Maryland

    Nebraska

    Ohio

    Illegal

    Alabama

    Alaska

    California

    Georgia

    Hawai’i

    Idaho

    Kansas

    Kentucky

    Maine

    Massachusetts

    Minnesota

    Missouri

    Oklahoma

    South Carolina

    Texas

    Utah

    Vermont

    Complicated

     

    Florida

    Where Sports Betting Is Going

    It is likely inevitable that sports betting will become more popular and laws more permissive over the coming 5-10 years.

    The rise in states lifting gambling restrictions has seen a rise in companies offering sports betting products and services.

    Caesars Sportsbook, DraftKings, and FanDuel are just a few of the companies participating in this now $42 billion-dollar market.

    With this kind of momentum, sports betting will surely continue to grow in the next 5 to 10 years.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Thomas
    • Website

    Related Posts

    Announcement – MIPL 2023 Qualification Update

    February 3, 2023

    PokerMatch India has partnered with the World’s First Professional Match Poker league

    December 15, 2022

    The Newbie Guide to Playing Slots at an Online Casino

    November 26, 2022

    Secret Techniques To Improve Casino Slot Game 168

    October 5, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Announcement – MIPL 2023 Qualification Update

    February 3, 2023

    How to Understand Techniques and How to Play Ufaball88 Online Football

    January 11, 2023

    PokerMatch India has partnered with the World’s First Professional Match Poker league

    December 15, 2022

    The Newbie Guide to Playing Slots at an Online Casino

    November 26, 2022
    Categories
    • All
    • Betting
    • Blind Omaha
    • Blog
    • Casino
    • Chinese Poker
    • Draw Poker
    • Gambling
    • Lowball
    • PC Games
    • Playstation
    • Poker
    • Razz Poker
    • Slot
    • Sports
    • Stud Poker
    • Triple Draw
    • Update
    • Xbox
    Vimeo
    • Home
    • Contact Us
    Pokerx88.net © Copyright 2023, All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.

    Cleantalk Pixel