Gambling FAQ » betting http://gamblingfaq.net Basic Concepts And Rules For Online Gambling Tue, 22 May 2012 00:23:13 +0000 en hourly 1 http://wordpress.org/?v=3.1.3 Can you open an online betting or gambling site in the US and have it be legal? http://gamblingfaq.net/can-you-open-an-online-betting-or-gambling-site-in-the-us-and-have-it-be-legal/ http://gamblingfaq.net/can-you-open-an-online-betting-or-gambling-site-in-the-us-and-have-it-be-legal/#comments Mon, 30 Apr 2012 16:51:09 +0000 admin http://gamblingfaq.net/can-you-open-an-online-betting-or-gambling-site-in-the-us-and-have-it-be-legal/ Question by Marcus T: Can you open an online betting or gambling site in the US and have it be legal?
Online betting sites I found were all “offshore” in places such as Malta. Why? Could you open one in the US?

Answer by mcfoxyluver
i think but u would need authorization

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]]> http://gamblingfaq.net/can-you-open-an-online-betting-or-gambling-site-in-the-us-and-have-it-be-legal/feed/ 4 If internet sports betting is illegal, then why is it so easy to do it? http://gamblingfaq.net/if-internet-sports-betting-is-illegal-then-why-is-it-so-easy-to-do-it/ http://gamblingfaq.net/if-internet-sports-betting-is-illegal-then-why-is-it-so-easy-to-do-it/#comments Sat, 17 Mar 2012 17:51:19 +0000 admin http://gamblingfaq.net/if-internet-sports-betting-is-illegal-then-why-is-it-so-easy-to-do-it/ Question by Healthy Environment: If internet sports betting is illegal, then why is it so easy to do it?
sports betting is illegal in all but a few states.

http://en.wikipedia.org/wiki/Professional_and_Amateur_Sports_Protection_Act_of_1992

so why is it so easy to do it?

I’ve gambled on NFL games plenty of times.

You would think, if it’s illegal, there would be criminal charges filed by now.
but no. These online sports betting services continue to be utilized by the public.

I don’t get it?

Answer by Pfo
Things are not made illegal on the basis of how difficult they are to do. Stealing is real easy, and also illegal.

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]]> http://gamblingfaq.net/if-internet-sports-betting-is-illegal-then-why-is-it-so-easy-to-do-it/feed/ 1 Which is the safe and secure place for online gambling like sports betting? http://gamblingfaq.net/which-is-the-safe-and-secure-place-for-online-gambling-like-sports-betting/ http://gamblingfaq.net/which-is-the-safe-and-secure-place-for-online-gambling-like-sports-betting/#comments Thu, 09 Feb 2012 10:43:51 +0000 admin http://gamblingfaq.net/which-is-the-safe-and-secure-place-for-online-gambling-like-sports-betting/ Question by : Which is the safe and secure place for online gambling like sports betting?

Answer by Jing
Totally free and safe
NO Virus!

http://www.nowgoal.com/30.shtml

Live Score&Odds on your side

http://www.nowgoal.com/30.shtml

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]]> http://gamblingfaq.net/which-is-the-safe-and-secure-place-for-online-gambling-like-sports-betting/feed/ 1 Size of online gambling / sports betting industry? http://gamblingfaq.net/size-of-online-gambling-sports-betting-industry/ http://gamblingfaq.net/size-of-online-gambling-sports-betting-industry/#comments Mon, 12 Dec 2011 20:06:18 +0000 admin http://gamblingfaq.net/size-of-online-gambling-sports-betting-industry/ Question by ajitpardeshi: Size of online gambling / sports betting industry?
Hi, as part of a research project, i am trying to write a paper on the online gambling industry (not pure play gaming). Sites where you can wager money plus bet on sports events etc. I need the size of the industry by revenue, # of players, # of employees. Also challenges faced by the industry, the technologies they use and what services they provide to the users – what some use to differentiate from the others etc. Any help is greatly appreciated.

Answer by Ryan Mcnally
While there are many ways to gauge the size of any industry—by the number of employees, the output of products, tax receipts or customer count—the most common comparison is by gross revenues, or sales. When gross revenue is used to gauge the size of the gaming industry, it is a measure of how much consumers spend—or the operator wins—on legal gambling games. This appears to be an easy question. But the answers vary widely. For example, a Washington Post columnist claimed that “Legal gambling takes in” about 7 billion yearly.

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]]> http://gamblingfaq.net/size-of-online-gambling-sports-betting-industry/feed/ 0 Can I do online casino betting while I am in Luanda, Angola using my Philippines atm? http://gamblingfaq.net/can-i-do-online-casino-betting-while-i-am-in-luanda-angola-using-my-philippines-atm/ http://gamblingfaq.net/can-i-do-online-casino-betting-while-i-am-in-luanda-angola-using-my-philippines-atm/#comments Wed, 16 Nov 2011 04:51:54 +0000 admin http://gamblingfaq.net/can-i-do-online-casino-betting-while-i-am-in-luanda-angola-using-my-philippines-atm/ Question by Kcirred: Can I do online casino betting while I am in Luanda, Angola using my Philippines atm?
Is it safe?

Answer by GamblingMaster
I don’t see a reason why you couldn’t. But first see if its legal to play online from there.

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]]> http://gamblingfaq.net/can-i-do-online-casino-betting-while-i-am-in-luanda-angola-using-my-philippines-atm/feed/ 1 Are there any good websites for online gambling or sports betting that are free? http://gamblingfaq.net/are-there-any-good-websites-for-online-gambling-or-sports-betting-that-are-free/ http://gamblingfaq.net/are-there-any-good-websites-for-online-gambling-or-sports-betting-that-are-free/#comments Thu, 18 Aug 2011 12:05:56 +0000 admin http://gamblingfaq.net/are-there-any-good-websites-for-online-gambling-or-sports-betting-that-are-free/ Question by Jamie B200: Are there any good websites for online gambling or sports betting that are free?

Answer by TheDoverPro
Here is a start for you.

http://www.thedoverpro.com

The site provides gaming strategies and Free Football Picks, it did great last year.

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]]> http://gamblingfaq.net/are-there-any-good-websites-for-online-gambling-or-sports-betting-that-are-free/feed/ 5 how can online internet betting be improved? http://gamblingfaq.net/how-can-online-internet-betting-be-improved/ http://gamblingfaq.net/how-can-online-internet-betting-be-improved/#comments Wed, 08 Jun 2011 21:44:04 +0000 admin http://gamblingfaq.net/how-can-online-internet-betting-be-improved/ Question by quietly 6: how can online internet betting be improved?
does anybody agree that internet gambling is very flawed? how would you make it better?

Answer by ZCT
America should completely open it up to American companies, tax it, regulate it, and allow Americans to play.

Right now the problem is America is burying its head in the sand making some bits legal, some illegal, other parts a weird gray area. This doesn’t do much to help the industry, and according to the WTO what America is doing is illegal.

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]]> http://gamblingfaq.net/how-can-online-internet-betting-be-improved/feed/ 2 Is online casino betting strategy for real ? http://gamblingfaq.net/is-online-casino-betting-strategy-for-real/ http://gamblingfaq.net/is-online-casino-betting-strategy-for-real/#comments Sat, 15 Jan 2011 14:25:25 +0000 admin http://gamblingfaq.net/is-online-casino-betting-strategy-for-real/ Question by mateusz: Is online casino betting strategy for real ?
Are there strategy in winning bets in online casino. If there are, can someone please give a method??

Answer by Roger K
I would NEVER, EVER play any game for money on-line. Whoever controls the web site has complete control over the results of any deal, any draw or any spin or any anything that happens.

I don’t care how much the site swears up, down and sideways they their games are honest, how many testimonials there are from people who won oodles of cash – DO NOT BELIEVE IT.

Even if, and it is a big IF, an on-line casino is actually as straight as a real casino – the odds are always in their favor anyway. and they will take your money (Why do you think the casinos are so successful? Hint: It is not because they lose money.)

Don’t waste your money.

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]]> http://gamblingfaq.net/is-online-casino-betting-strategy-for-real/feed/ 6 The Basic Concept Of Sports Betting In The UK http://gamblingfaq.net/the-basic-concept-of-sports-betting-in-the-uk/ http://gamblingfaq.net/the-basic-concept-of-sports-betting-in-the-uk/#comments Sun, 21 Feb 2010 15:37:24 +0000 admin http://gamblingfaq.net/?p=31 Sports Betting: General

In this Act “sports betting” means making or accepting a bet on:

  • The outcome of a race, competition or other event or process
  • The likelihood of anything occurring or not occurring
  • Whether anything is or is not true

A transaction that relates to the outcome of a race, competition or other event or process may be a bet within the meaning of subsection despite the facts that:

  • The thing has already occurred or failed to occur
  • One party to the transaction knows that the thing has already occurred or failed to occur

Spread Bets:

  • For the purposes of section “bet” does not include a bet the making or accepting of which is a regulated activity within the meaning of section 22 of the Financial Services and Markets Act of Betting 2000
  • An order under section 22 of that Act which has the effect that a class of bet becomes or ceases to be a regulated activity may, in particular, include transitional provision relating to the application of this Act to that class of bet.
  • This section is subject to section.

Sports Betting: Prize Competitions

For the purposes of section 9 a person makes a bet (despite the fact that he does not deposit a stake in the normal way of betting) if:

  • He participates in an arrangement in the course of which participants are required to guess any of the matters specified in section 9
  • He is required to pay to participate
  • If his guess is accurate, or more accurate than other guesses
  • Win a prize
  • Enter a class among whom one or more prizes are to be allocated (whether or not wholly by chance).

In subsection 1 a reference to guessing includes a reference to predicting using skill or judgment.
Schedule one makes further provision about when a person is to be or not to be treated for the purposes of one subsection as being required to pay to participate in an arrangement.
In subsection 1 “prize” includes any money, articles or services:

  • Whether or not described as a prize
  • Whether or not consisting wholly or partly of money paid, or articles or services provided, by the members of the class among whom the prizes are allocated

Pool Betting:

For the purposes of this Act sports betting is pool betting if made on terms that all or part of winnings:

  • Shall be determined by reference to the aggregate of stakes paid or agreed to be paid by the persons sports betting
  • Shall be divided among the winners
  • Shall or may be something other than money.

For the purposes of this Act pool betting is horse race pool betting if it relates to horse-racing in the United Kingdom.

Betting Intermediary:

  • In this Act “sports betting intermediary” means a person who provides a service designed to facilitate the making or acceptance of bets between others.
  • For the purposes of this Act acting as a betting intermediary is providing facilities for sports betting.

Betting And Gambling Act 2005 In The UK

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]]> http://gamblingfaq.net/the-basic-concept-of-sports-betting-in-the-uk/feed/ 0 Sports Betting In The UK http://gamblingfaq.net/sports-betting-in-the-uk/ http://gamblingfaq.net/sports-betting-in-the-uk/#comments Sun, 21 Feb 2010 15:08:34 +0000 admin http://gamblingfaq.net/?p=27 Sports betting and gambling has a long history in the United Kingdom, having been controlled for many decades and more recently relaxed. The 1960 Act legalised off-course bookmakers. Pool betting on horses is a monopoly of the state owned Tote.

There is a large market in the United Kingdom for gambling and betting on competitive sports at bookmakers, particularly for horse racing, greyhound racing and association football. The latter also has an associated form of gambling known as the football pools, in which players win by correctly predicting the outcome of each weeks matches.

Sports betting is defined by the Gambling Act 2005 as the making or accepting of a bet on the outcome of a horse race, competition or other event or process. The likelihood of anything occurring or not occurring, or whether anything is or is not true.

Pool betting can be conducted remotely or no-remotely. Remote pool betting is conducted, for example, via an internet betting site run by one of the football pools operators. Non-remote pool betting in the UK is conducted in person (for example, the Tote, which accepts pool bets on tracks and in high street sports betting shops).

Sports betting intermediaries bring two or more parties together, but do not have liability for their bets. Sports betting intermediaries can be remote or non-remote. Remote sports betting intermediaries in the UK, which includes betting exchanges, generally operate through the internet. An example of a non-remote sports betting intermediary is a tic-tac, who normally works within a betting ring on a horse or greyhound racing track.

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