Legal Sports Betting in the US has arrived
Do you love watching sports and predicting the results of matches? Do you want to bet on games but are worried that you might land in hot water? Is sports betting now legal in your state, but you’re not sure if you should place bets online, at casinos, or racecourses?
While sports betting has been around for several centuries, there’s still much doubt regarding its legality in the US. If you too have doubts related to sports betting, the infographic below kindly provided by NJ Games is just for you. It takes up frequently asked questions about legal sports betting in the US, some of which are as follows.
Four Frequently Asked Questions About Legal Sports Betting In The US
1. Is Sports Betting Legal In The US?
Yes, it is now.
Since 1992, with certain restrictions, sports betting was legal in only four US states. All thanks to the Professional and Amateur Sports Protection Act (PASPA).
However, in May 2018, the US Supreme Court ruled against PASPA and legalized sports betting, including online betting.
2. So, Does That Mean I Can Legally Bet On Sports?
Although the Court has overturned PASPA, not all states have passed bills to legalize sports betting within their boundaries.
As of October 2018, seven US states have made sports betting legal after the ruling and 16 states have recently introduced bills to legalize it but have not passed them yet. Two states have decided to follow the existing legal sports betting laws without any modifications, 24 are yet to introduce a bill, and one state (Utah) has decided not to legalize it.
3. What’s The Best Way To Place Sports Bet — Racecourses, Casinos, or Online?
There is no one-size-fits-all answer to this. Some enjoy gambling at casinos, some at racecourses, and others online. It’s up to you to decide which option suits you best.
That said, there’s no denying that online sports betting is more convenient than the other two. You can place bets on your favorite team right from your living room or even while on the go using your smartphone.
Another advantage is that you can’t lose more money than you have, as online legal sports betting sites don’t give you credit, unlike local bookies.
4. Can I Make Serious Money Through Sports Betting?
A few people become rich through sports betting. However, many lose much more than they can afford to, hence the saying “there’s no such thing as a poor bookmaker”.
Unless you want to become a professional gambler, it’s best to place bets on sports for fun.