People have been playing sports for as long as mankind has existed. And for most of history, the activity was governed by laws that generally prohibited betting. But that all changed in the 20th century when new technologies made it possible to engage in sports betting from the comfort of your home.
Although the practice of wagering on sporting events is a relatively new phenomenon, it has exploded in popularity in recent years. Thanks in part to the proliferation of online sportsbooks that offer a variety of betting options, along with a newly emerging class of legal-age online sports betting markets that allow for limited wagering. As a result, finding a place to legally bet on sports has become slightly easier.
Where Can I Bet?
The ability to bet on sports is not limited to the U.S. Thanks to the internet, offshore gambling websites that offer sportsbooks, and the development of mobile betting apps, anyone, anywhere in the world can now place bets on sporting events.
The legal status of offshore gambling is still somewhat of an enigma. Much like traditional sports betting, offshore gambling is technically illegal in most countries. But like many other online activities, the practice is widely tolerated, with mostly benevolent governments looking the other way as long as they know where you’re getting your money from.
Fortunately, in most places your identity online is still protected by a real name requirement. So as long as you’re abiding by that, you should have no problems engaging in any online activity, including betting on sports. Of course, if you’re not confident in your identity management skills, then it might be best to stay away from offshore gambling sites.
Which Sports Can I Bet On?
It’s a common misconception that all sports are playable for betting. You can bet on baseball, football, basketball, and hockey, but that’s about it. Some sports, like volleyball and motogp racing, are not particularly popular and don’t have huge betting markets. And some sports, like Formula 1, are really just a form of automotive entertainment.
You cannot bet on boxing because the rules are too complicated and there is no clarity as to who is in charge. If you’re looking for a sport that you can legally wager on, then stick to the ones listed above. The world of online betting has made it easy to find a place to bet on your favorite sports.
Can I Bet On My Favorite Team?
While it might be tempting to wager on the team you love most, that’s usually not how it works. Each sportsbook has its’ own set of rules regarding which teams you can pick to place a bet on. So make sure you know the rules of the website you’re visiting before placing any sort of wager.
For example, you might love the Boston Red Sox, but if you visit a website that does not permit wagering on American football, you can’t use them to place a wager on the Red Sox. You’ll have to find another sportsbook that does offer that particular team.
What’s The Difference Between Legal And Illegal Betting?
You might be wondering the difference between legal and illegal betting. Well, if you put in the wrong place, the wrong time, and the wrong amount of money, then yes, you could find yourself breaking some laws. But that depends on the jurisdiction.
In most places, online wagering is either legal or illegal, not both. It generally depends on whether the country you’re in specifically allows for online betting or not. And even then, it’s usually only legal for residents to place online wagers.
However, the practice of online betting can still be considered somewhat controversial. There have been several high-profile incidents in which people have gotten in trouble for online betting, like playing games for money or winning large sums of money. Because of these incidents, many countries have tried to ban online betting altogether, completely or in part.
Can I Bet On Sports That Are In Progress?
Not all sports are created equal when it comes to betting. Some sports, like football and basketball, are highly accessible, as the outcome is usually determined by a single game, where everyone who participates can be considered “bets” on the final result. So if you want to bet on these sports, then it’s usually as easy as finding information about the current matches, and placing a wager on the outcome.
Other sports, like professional golf, are incredibly competitive. It might be difficult for the average person to get a sense of whether or not their favorite golfer is going to win, or how the championship is going to play out. Because of this, it is usually best to stay away from betting on these types of sports, as the house will always win, and it’s generally not worth risking any money on the outcome of a game that is so unpredictable.
When it comes to deciding where to bet, it’s important to keep in mind the legality of the activity. However, if you’ve determined that sports betting is legal in the country you reside in, then there’s no reason not to enjoy the extra privileges that come with placing bets on your favorite teams and players.