Legal Sports Betting for US Residents
The US sports betting industry suffered a lot back in the year 2006 when the UIGEA legislation was passed and many of the world’s largest bookmakers stopped offering their services to US bettors. While there were many that stopped, fortunately there are still a few good options available with offshore sports betting websites that are offering their services without any more problems.
In order to make sure that you have a worry free online sports betting experience even if you are located in the US, your mission is to make sure that you are signing up only for some of the best and most popular sites out there. The small and unknown sites will have a greater risk of causing you problems regarding the bonuses, or with the payouts that take a lot of time.
One of the sites that can be trusted and that has been around for long enough to prove that they are reliable is Bovada, which is owned and operated by Bodog, a brand that offered sports betting services to US bettors since 1994.
US sports betting deposit options
The payment methods that you have available at US betting websites is right now most of the time rather limited, especially if you compare it to the number of payment methods that are available for the UK members or the rest of the Europe. However there are still a few of them available.
It all starts with trying out to make a deposit with your credit cards. If they work, you can start wagering in only a matter of a few minutes. Most of the time you shouldn’t experience any problems, but in case your credit card gets declined, then you should move on to the next types of payment methods available.
The e-wallet payment methods are just as popular as your credit card and they will act as a 3rd party between you and the online sports betting site. This way you will no longer have to share your sensitive information with any gambling site online. They will ask a small fee for the service but all the transactions are done instantly and you don’t have to worry about security issues.
Is it legal for US residents to place bets on sports on the internet?
This questions has a lot of answers from different online gambling experts. Some say that the legality of online gambling and sports betting is a problem only for the websites that are offering this service and not for the bettors. In fact so far since 2006 the only ones that were prosecuted and some of the sites that were scams. At the same time there were never taken any legal actions against the bettors. This means that you shouldn’t worry about placing sports bets on the internet even if you are located in United States.
How to choose the best US sports betting sites
In order to make sure that you are signing up only for the best US sports betting websites, you need to make sure that you take into consideration the different factors that are able to make a difference between the various sites that are available out there. Here is a short list with the factors that US bettors should take into account:
Bonuses – The bonuses are very important for the new bettors. Especially if you are a beginner, you definitely want to have a good bankroll boost when you sign up for the first time. There are many sites out there and along with the size of the bet and the percentage of the deposit, you also have to take into account the wagering requirements that are imposed to that bonus.
Reputation – The reputation of an US friendly sports betting site is a very important thing you need to verify. Most of the time it’s going to take just a couple of minutes to check out the reputation of an online sports betting website, but this thing is able to save you a lot of time and money, since you will no longer have to deal with betting websites that are using shady practices.
Deposit Methods – Since the US sports betting websites are now going through a difficult time, the number of payment methods that are available to bettors is going to be rather small. And before you actually sign up for a site, you must make sure that you have enough payment methods available for both the deposits and the withdrawals.