Online Gambling in the US
Believe it or not, online gambling “technically” is not illegal in the United States. There is no federal law that says it is illegal for any persons in the US to place a bet online, excluding sports bets. Even at that, sports bets are not illegal for you place, but it is illegal for sites to take them. However, there are State laws that should be taken into consideration before you double down: Illinois, Indiana, Louisiana, Montana, Nevada, Oregon, South Dakota, and Washington currently have very specific anti-online-gambling laws.
Why Does Everybody Think its Illegal?
When online gambling hit the scene the government wanted everybody to think it was illegal, and they “advertised” it a way that obviously worked. A vast majority of people still think it is illegal to gamble online, but most people who gamble on a regular basis figured out a long time ago that there are plenty of sites out there willing to take their money. The Federal law known as The Wire Act prohibits banks to handle online gambling transactions – things like deposits and withdrawals – but the act only makes it illegal for the banks to handle them, not for you the player to make them.
The Wire Act
For several years the Department of Justice has construed that The Wire Act would prohibit sites from taking casino and/or poker bets, but in December of 2011 the Department determined that the Wire Act does not prohibit sites from accepting placed bets, it is strictly confined to the banking issues mentioned above. So what does that mean for you? It means that the risks lies on U.S. Banks and anybody who has gambled online knows that their bank will often decline a request to fund a known gambling site. However, there are ways to bypass funding your account and don’t think that online gambling sites don’t utilize every one of them.
What Works Today may not Work Tomorrow
The laws are constantly changing and as more and more people figure out that they can gamble online, the law makers are sure to take note. Keep up-to-date on your state laws and remember that the government is not always able to track and tax the billions of dollars generated by online gambling. You know they are waiting to find a loop hole that on the surface doesn’t violate our rights, but keep in mind if they are missing out on money… things will change.