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Monday, 03 December 2007 |
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More info... By Jim Pretin
Internet casinos and sportsbooks have grown immensely in popularity over the past several years. From playing cards to betting on the Super Bowl to playing roulette, you can literally have Las Vegas in the comfort of your own home. However, is it legal to gamble online?
The answer is, yes and no. Currently, the law stipulates that online gambling is illegal, but given the fact that most online casinos continue to operate unfettered, it might seem that it is in fact legal to run an online betting or casino business.
What forms of gambling are available online? Well, you can play poker and other card games, you can bet on sports, or you can play games of chance, such as roulette, craps, etc.
Betting on sports seems like a perfectly legitimate form of online betting - the computer does not control who wins a pro football game. Games of chance should probably be prohibited. A computerized roulette wheel can easily be fixed, resulting in a few winning bets, but enough losing spins to insure the house wins.
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Last Updated ( Monday, 03 December 2007 )
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Read more...
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Sunday, 02 December 2007 |
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More info... By Jim Pretin
Internet casinos and sportsbooks have grown immensely in popularity over the past several years. From playing cards to betting on the Super Bowl to playing roulette, you can literally have Las Vegas in the comfort of your own home. However, is it legal to gamble online?
The answer is, yes and no. Currently, the law stipulates that online gambling is illegal, but given the fact that most online casinos continue to operate unfettered, it might seem that it is in fact legal to run an online betting or casino business.
What forms of gambling are available online? Well, you can play poker and other card games, you can bet on sports, or you can play games of chance, such as roulette, craps, etc.
Betting on sports seems like a perfectly legitimate form of online betting - the computer does not control who wins a pro football game. Games of chance should probably be prohibited. A computerized roulette wheel can easily be fixed, resulting in a few winning bets, but enough losing spins to insure the house wins.
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Last Updated ( Sunday, 02 December 2007 )
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Read more...
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