Sports betting, probably the most popular form of gambling around the world, could be a challenging hobby but for thousands of sports fans, it is also very rewarding. In order to be successful, however, they need to have basic knowledge of the sport they are interested in and of how sportsbooks work. This is especially important when betting online as there are dozens of things to consider from online security to betting options and payment options.
And this is where 100BettingSites can provide assistance and advice to all those who want to transform their passion for sports into an entertaining and profitable hobby. This website offers honest reviews of some of the largest online sports betting sites and looks at their reliability, attitude towards their customers, and their bonus policy. It also focuses on providing sports fans with detailed information about the types of bets on offer, the special features of every online sportsbook and the best ways to make deposits and collect their winnings.
Online Sports Betting
A favourite pastime for thousands of people around the world, sports betting is widely enjoyed for combining our love for athletic achievements with the chance of winning on the outcome of the game. The origins of this form of gambling are deeply hidden in the distant past but some of the first written records are from Ancient Greece when people loved to bet on the Olympic games.
Betting on sporting events and games have apparently remained extremely popular even today when it has evolved into a billion-dollar business. In fact, thanks to technology, various inventions and, of course, the Internet, in the past 20 years, sports betting has experienced more changes than in the past two millennia. Today, sports fans invest not only passion and love in their favourite games and teams. Nowadays, they invest in the success of the teams they support and the results of major games and leagues.
There is no longer need to attend the sporting events in order to bet on them and there is certainly no need to visit a local sportsbook to place your wagers. With online sports betting, sports fans can choose from a wide variety of reliable sportsbooks that offer wagering on live events and live streaming, betting on multiple events at once, as well as the best odds available. Moreover, with mobile betting, punters can keep track of their favourite sports and place their wagers from anywhere and on any device.
Sports Betting Legislation around the World
The legal status of sports wagering in the country they reside in is the first thing punters need to be aware of before they can start betting safely and without risk of being persecuted. Each country has its own legislation when it comes to this type of gambling – some countries have extremely liberal laws that govern sports wagers and bookies, whereas others place various restrictions in order to control and regulate better this business. Other nations, on the other hand, do not permit placing bets on sports and have a complete ban on gambling.
Just like most forms of gambling, sports betting is legal in the United Kingdom and it is available in thousands of betting shops and online. The industry is very well regulated under the Gambling Act of 2005, while the main governmental instrument for overseeing and enforcing the legislation is the UK Gambling Commission (UKGC). All sports betting operators, online or not, are required to obtain a licence from the UKGC and to fully comply with the Gambling Act of 2005.
Failing to do so results in harsh penalties and even their licences being revoked. Although the UKGC regulates the business of sportsbooks, it rarely focuses on controlling gambling on the individual level. However, the authorities and governmental agencies, including the UKGC, persecute people who are involved in illegal gambling activities. There are not many restrictions targeting punters who use the services of perfectly legal and licensed sports betting sites – the only requirement is that they are not under the age of 18.
Until recently, the Professional and Amateur Sports Protection Act of 1992 (PASPA) placed a federal ban on state-authorized gambling in every state. According to this piece of legislation, only four states were exempt from the ban, namely Nevada, Oregon, Delaware and Montana. However, Nevada was the only state that offered single-game wagering, whereas the others only had limited types of parlay bets, which means wagering on multiple events at once.
But May 14, 2018, became a historic date for the gambling and sports betting industry in the United States when the Supreme Court decided that PASPA infringes states’ constitutional right to control and regulate sports betting. In other words, the Supreme Court of the United States lifted the state-wide ban on sports wagering and several states have already stepped up to take advantage of the improved circumstances. These are Delaware, New Jersey and Mississippi, but more than ten other states are expected to pass sports betting legislation. Of course, Nevada continues to be a leader in this industry, offering punters betting both in venues and online.
Canada has one of the most complicated sports betting laws and the Criminal Code makes it illegal to gamble or provide gambling and sports betting services within the country. There are several exceptions, however, and Canadian punters are actually permitted to bet on the outcome of multiple matches or athletic contests such as the National Hockey League (NHL), which is incredibly popular in the country. These types of bets are called parlay bets while betting on single sports events is actually against the law.
Another thing punters in Canada should remember is that sports betting, just like other forms of gambling, is regulated at a provincial level. Moreover, online sports betting services are offered only by provincially owned corporations (known as Crown corporations) such as the Western Canada Lottery Corporation which conducts such operations on the territory of Manitoba, Alberta, Saskatchewan, as well as in the Yukon Territory, Northwest Territories and Nunavut. The Ontario Lottery and Gaming Corporation and the British Columbia Lottery Corporation are authorized to offer sports betting within their territories, but of course, only parlay bets (at least double) are permitted.
The laws governing sports betting in Australia are just as unique as in Canada. Generally, online sports betting is legal in the country where various state-licensed sportsbooks offer their services to Australian punters. The government, however, has introduced some restrictions on the industry, most notably with the Interactive Gambling Act of 2001, which prohibits gambling operators from offering “interactive” gaming and betting services to Australian residents.
Punters in the country can place bets on their favourite sports online as long as these are not live events. Wagering on live matches, also known as in-play betting, falls under the definition of “interactive” gambling, which makes it illegal. However, the Interactive Gambling Act of 2001 targets only operators and not customers, so sports betting enthusiasts across Australia can still place bets on live events on offshore websites.
The situation in Germany is similar – sports betting is regulated on the state level and each of the 16 German states has their own rules regarding gambling and wagering on sports. For years, gambling has been a controversial topic in the country because it is extremely popular (around all sports bettors around the world are estimated to be German), while at the same time, the government focuses on the risks associated with it such as gambling addiction. As a result, plenty of restrictions and requirements for licensing have been introduced, especially under the Interstate Treaty, which was amended several times.
Currently, German punters can place wagers on sports events with parlay and single-event betting available. When it comes to in-play or live betting, things are a bit unclear, as the Interstate Treaty forbids some types of betting on live events without providing a clear definition of what is illegal. Wagering on fantasy sports is permitted, while other types of betting often found in online sportsbooks are prohibited – social and financial betting, and others.
How to Choose a Sports Betting Site
There are dozens of licensed and fully regulated sports betting sites that provide a large variety of sports to bet on, plenty of bet types, and a safe, fair environment. The first factor to take into account when choosing an online sportsbook is your country of residence as many websites would not accept customers from restricted countries. Depending on whether you live in Europe and the UK, the United States or in Australia, for instance, you should look for a sportsbook that is licensed to offer betting services where you reside.
But there are many other sportsbook features and characteristics punters should take a look at before opening an account and betting away their money.
Mobile Sports Betting
There are various ways to access an online sportsbook but in recent years, mobile betting emerged as a preferred choice over traditional methods such as going online via desktop or laptop computers. With the popularity of mobile devices, software developers have focused on perfecting the user experience and providing customers with as many features as possible. Nowadays, all good sportsbooks are fully mobile compatible and allow punters to keep track of various events and scores, place bets, deposit and withdraw their winnings.
Of course, live streaming of different events is also available on the go even in HD quality in many cases. Many sports betting sites can be opened directly in the browser of your mobile device, be it an iOS or Android-powered one. Modern sites built in HTML5 guarantee smartphone users smooth, effortless betting experience, user-friendly and convenient design. Usually, the only thing you need to bet from your mobile device is a reliable Internet connection, whether that would be Wi-Fi, 3G or 4G.
Some sports betting sites also have native iOS and Android apps, which need to be downloaded and installed on the device. While there are many applications available for free at Apple’s App Store, Android users will need to download the app, if available, from the sportsbook site.