These days, you will see that there are already a lot of people who are getting into sports betting online. For most people, this is a way for them to raise additional income, especially if they want to win this game of strategy and chance. So they log on to sports betting sites and check online sports betting books in order to bet and try to beat the odds set in the world of online gambling.
However, no matter how many people are already on this type of gaming, there are still a lot of them getting anxious about the legality of online sports betting. These are the people who are asking if online sports betting is legal or not. The truth is that this question is a tough question to answer, as you will need to look at the law in a much deeper sense than just a regular paper that states things that are legal and those that are not best sports betting sites philippines.
First of all, the Interstate Wire that prohibits gambling sports gambling between states through any wired device such as telephones. However, this law has two questionable sides. One is that whether the prohibition is only limited to sports gambling or will it include in some specifications the other types of gambling in the state. Keep in mind that gambling is not only limited to sporting events but other types of gambling are also being held in the country. However, an event where in a case between two online casino gamblers and a credit card company has been dismissed and thus implicating that this law is only applicable to sports gambling.
The other side of this law is that it has been passed during the time wherein sports betting or gambling in between states is possible through wired devices such as mobile phones. Therefore, placing and getting bets on this wired device will definitely give you a verdict of being guilty of gambling and violating the Wire Act. The question however, is that this law applicable to online gambling or not?
It can be stated that internet betting or gambling is not covered by this law but the Justice Department of the United States has interpreted the law to be applicable to all gambling activities being even those that are done online. However, the discussion about online sports betting’s legality does not end here.
Years after the dismissal of that case, the Internet Gambling Regulation and Enforcement Act had been proposed by Barney Frank. This act is asking for the government to legitimize internet gambling. It has sited ways on how to regulate internet gambling and how beneficial it is in bringing revenues in the country. This means that the country will receive several millions of dollars of revenue if online gambling is approved. Currently, this act is still pending for further study and approval from the government.