Antigua and Barbuda passed the Free Trade and Processing Zone Act in 1994, which allowed offshore licenses for online betting operators and gave birth to online sports betting. Today online sports betting is hugely popular around the world, particularly in Europe and Asia, where the convenience of betting from home or from mobile devices is increasingly commonplace. The great thing about using an online sports betting service is that, in addition to the convenience of being able to bet almost anywhere and at anytime, you get a far wider range of bets available than you would at a bricks & mortar sportsbook.
Online Sports Betting in US
The UIGEA (Unlawful Internet Gambling Enforcement Act) was passed by the US government in 2006, which made it illegal for banks and credit companies to process financial transactions for online betting sites, leading to the vast majority of them opting to leave the US market. Fast forward to May 2018 and the US Supreme Court paved the way for sports betting to be permitted by striking out the 1992 ‘Professional and Amateur Sports Protection Act’. Over the coming months and years, we should see sports betting gradually returning to the US on a state by state basis as a consequence. As things stand, Nevada is still the only state in the US with legalized betting on different sports, although Delaware was the first state to authorize sports betting after the 2018 Supreme Court decision striking down PASPA and does now allow parlay-style wagering on the NFL.
How we choose the Best Betting Sites
When it comes to choosing the best betting sites, here at PokerUpdate.com we seek out only the safest, well-established and most reputable bookmakers for our readers. All our betting sites reviews are written from a neutral viewpoint and will be honestly compiled, enabling you to make your own choices as to which online sports betting sites to use. There are a wide variety of factors we look for are when choosing the best online sports betting sites, such as:
- Ease of opening a new account
- Good banking options for deposits and withdrawals
- Competitive betting odds (whether your preference is for NBA Picks, MLB Picks or NHL Picks, etc.)
- A good selection of sports and markets on which to bet
- Live betting options
- Live streaming of events
- Free Bets and bonuses available
- Great customer service We’ll be here to help you select the very best betting sites and help ensure that you avoid the rogue sites.
How to Bet
There’s plenty of homework to be done before placing a bet if you’ve never done so previously. Understanding the different markets and odds is of paramount importance before parting with any cash, as is at least a basic understanding of risk and value if you want to bet seriously. The actual placing of an online bet is generally a very straightforward process and can be completed within just a few minutes at most once you’ve opened an account with your chosen online sports book. The process of placing a bet usually just requires selecting your sport, the competition in question, then the game and market of your choosing and finally submitting your stake and confirming your bet. Any decent sports book will have clear instructions to walk you through their individual process for placing a bet.