The United States is considered to be one of the most important countries when it comes to sports betting. Thanks to the large population, there is always a large demand for sports betting options, and the industry is growing rapidly.
However, currently, the only legal sports betting website available in the country is the one operated by the United States government. Moreover, although all states allow sports betting in principle, in practice it is still not possible to legally engage in sports betting outside of the state of Nevada, which is where the USA’s largest casino industry is based.
This may soon change, however, as a number of entrepreneurs in the United States are looking to capitalise on the lucrative market. If successful, these sports betting websites could become the country’s biggest names, comparable to Match.com or Bet365 in the United Kingdom.
Why Is The U.S. Government’s Only Legal Sports Betting Website So Popular?
The United States’ only legal sports betting website, OnlineBet.ag, has been around for almost two decades. Established in 1994, the site is owned and operated by the Unites States Government, which means that it is regulated and has to adhere to the country’s gambling laws. This has made it a popular choice for American sports fans who want to place bets on their favorite teams and competitions.
The USA’s only legal sports betting website currently accepts sports betting bets from all 50 states as well as Washington, D.C. Due to its popularity amongst American sports fans, the site has won a number of awards, including the prestigious Best Sportsbook award from the European Gaming Awards.
Moreover, just like any other legal sports betting website in the country, the USA’s only legal site also operates under a ‘gambleaware’ license. This means that the company must adhere to the principles of responsible gaming and can advertise only certain sports and events, as well as those with a US state treasury backing.
How Is The USA’s Only Legal Sports Betting Website Different From The Rest?
Although there is only one legal sports betting website in the country, the USA’s gambling laws allow for different types of legal ‘gray areas’, which means that a number of unregulated sites may soon enter the market. These sites, often referred to as ‘pirate sites’, are not backed by the USA state, which means that they do not have to adhere to the same stringent laws and can accept wagers from anywhere in America.
The unregulated sites are popular because they allow for more variety in terms of the sports and events that can be bet on, and due to the fact that there is no governing body in place to ensure fair play or honest betting practices.
It is likely, therefore, that the USA’s only legal sports betting website will be more popular than ever before, as the doors to the ‘underground’ sports betting market are about to be opened, due to the country’s ever-changing legal environment.
Moreover, American sports fans may soon have the opportunity to place bets on their favorite teams and players at the same time as the matches take place, thanks to the introduction of new sports betting websites that offer ‘in-play’ betting. This means that bets can be placed on the outcome of a game, as it is happening, rather than needing to be settled at the end of the regular allotted time. In-play betting allows for more opportunities for American sports fans, as the outcome of a game can change and even after regular time has expired, the game can still be won or lost.