Is Online Sports Betting Legal?

online betting

If you’re considering online betting, you’ll need to know the rules. You’ll want to avoid giving out your financial or personal information to the wrong people. You’ll also want to find an online sportsbook that has a good track record when it comes to protecting your information. The easiest way to do that is to sign up for a site that is legitimate and operated under the laws of your jurisdiction.

Several states have recently legalized online betting. In New York, online sports betting will be launched around the second or third week of January. Licensed sportsbooks in the state are Caesars Sportsbook and DraftKings Sportsbook. However, if you’re not from New York, you can find sports betting in the state at several other sites.

While the law does allow online betting, there are restrictions in some states. Delaware, for example, bans online sports betting but has a lottery-run market. There are currently three retail sportsbooks in the state, but their revenue numbers aren’t impressive. Delaware is a small state with a small population. It’s also limited by the proliferation of digital sports betting options in neighboring states. If Massachusetts and other states legalize online sports betting, it could affect New Hampshire’s growth.

Online sports betting was legalized in most of Europe before the U.S., but it was not until a few years ago that it became legal in the U.S. Despite the restrictions, many countries around the world have legalized the industry. Countries like Switzerland, Japan, and Australia also allow online sports betting.