Gambling Online – Where to Bet and Why?
Gambling online is any type of gambling done online, with or without a gaming table. This includes casinos, virtual poker and sports gambling. The first online gambling facility to open to the public, was online ticketing for the first ever Liechtenstein International Poker Tournament in October 1994. Since then there are online gambling facilities based all over the world, including the UK, US, Canada and some parts of Europe.
The main difference between state law and federal law when it comes to gambling online is that state law restricts gambling while the laws of the United States and the World Wide Web, do not. So the first step to be taken if you wish to place bets online is to ensure that you know the difference between state law and federal law. Once you know which laws to follow, you can go ahead and place your bets. However, bear in mind that the matter of lawfulness of the website that you are accessing and placing your bets on lies with the website provider and not with the government.
The United States federal law, which has statutory measures in place to protect online gamblers, does not regulate the amount of money that players can transfer from one gambling venue to another. The only regulation that the United States federal law does apply to is that a player must be at least 18 years of age. In contrast, the United Kingdom’s Gambling Services Regulation Act of 2021 regulates all aspects of the gambling industry, including all types of gambling online and all UK based casinos, with the exception of one which is offshore gambling. Since UK players are subject to the European Communities’ Law of 2021, there are some additional benefits as well.