USGamblers – A unique gambling guide

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Online casino in USA

Online casino is fun, and with the right knowledge, you can land big wins on your favorite slot. This guide will help you understand the basics of gambling online in USA, how online casino sites work, and so on.

Is online gambling legal in the US?

In the US, online gambling is legal in regulated states at the federal level, with unprecedented growth being observed even in 2023. However, the online gambling laws differ across states, making it challenging for gamblers to navigate.

Some states such as New Jersey, Pennsylvania, and Michigan have more progressive online gambling laws and offer a full range of options for online sports betting, online casino gambling and poker. Others like New York, Connecticut, and Illinois have approved fully-operational online sports betting sites, with real money online casinos expected to follow suit soon.

Although some states like Colorado and Tennessee have expanded from land-based to online betting, they are unlikely to broaden their online gambling offerings anytime soon. The US Supreme Court has paved the way for mobile and online betting sites to go live in more states, and this trend is growing. However, it is not yet widespread as it could be since only states that allow it can have upwards of 80% of all sports wagers placed online. We can assist in navigating the complexities of online gambling laws across states.

Important rulings

Online betting in the USA received a boost in 2018, when the Supreme Court canceled an important federal act. This act, the Professional and Amateur Sports Protection Act (PASPA) of 1992, banned all forms of gambling. However, the Department of Justice has concluded the Wire Act of 1961 is still valid. This act mandates that states can offer legal online betting only to their residents.

Regulation of gambling in US

Today, gambling is legal in the US. under the federal law. Every state is free to make its own laws regarding online casinos as well as mobile betting sites. This freedom percolates down to the city and county levels.

Do I have to pay taxes on sports betting

According to the Internal Revenue Service (IRS), all gambling winnings are taxable, and you must report all your earnings to the authorities.

This income includes earnings from horse races, lotteries, casinos, raffles and so forth.

Top online betting sites in US

With so many states allowing online betting, there is a vast number of betting sites in the United States. This makes it difficult for inexperienced players to distinguish between genuine sites and scammers.

Good and trustworthy gambling sites have the following qualities:

• They have several games and tournaments for new and experienced gamblers.
• You can place various kinds of bets on these platforms.
• The best online betting sites in the US also allow their players to place live bets.
• Gamblers get a range of bonuses and rewards from these betting platforms.
• You can also make use of the several betting markets on these gambling platforms.

Bet types

Gamblers can place a myriad of bets on their favorite sports, tournaments, and leagues. These include:

Parlays

In a parlay, a punter wagers on two or more teams and combines bets for a greater payout. Since every parlay is one big bet, every game within the parlay must win to get the payout.

Teasers

In a teaser bet, you change the totals or spreads for improving your chances of winning. Teaser bets are limited to sports like basketball and football. Please note many sportsbooks don’t allow these bets, so take care while selecting your betting site.

Over/under

This bet — also called Total — is a primary bet and predicts the total points scored by both teams regarding a benchmark. Let’s take an example.

There will be a number, say 8 for an NFL match. An over means bettors are expecting both teams to score points exceeding 8. Under bet is the converse of Over.

Moneylines

A moneyline bet is the easiest bet for all new gamblers. In simple words, here you are wagering on one of the two teams to win. Consider this example.

LA Rams -190 versus Bengals +160

Here, Rams are the favorites, hence the negative sign. In this case, the bettor must wager $100 to get $160 if Bengals wins the match.

Alternatively, you must wager $190 to get back $100 for Rams to win this game.

Overall, in Moneyline bets, gamblers prefer wagering on the underdogs for greater payouts.

Gambling Bonuses

All the top online gambling sites in the US offer several bonuses and rewards to their players. These offers target newbies as well as the loyal customers of the gambling site.

Welcome bonus

Most betting sites attract new customers with a welcome bonus. To claim this bonus, all that the customers must do is create an account and make a deposit. This bonus can either match the deposit 100% or is a fraction of that amount.

Free bets

Players can also receive free bets from their online betting sites. Bonus bets can come standalone or as part of a welcome bonus. However, all free bets are tied to several rules. Many online betting sites allow these bets on games with specific odds.

Refunded bets

One of the most common bets from US betting sites is the Refunded Bet. These bets are straightforward: if you win your stake, you can keep your earnings. Otherwise, the casino will return your lost bet.

Place these bets on your favorite game or tournament, and land big wins.

Sports on betting sites US

Bettors can wager on their favorite matches, sports, or tournaments on many betting sites. These games include:

• Baseball
• Basketball
• Tennis
• Horse Racing
• Ice Hockey
• Volleyball

Players also have the option to bet on major sporting leagues, such as:

• Wimbledon
• French Open
• English Premier League
• Bundesliga

Betting markets

Bettors need not gamble only on winning and losing teams. They can also wager on the various outcomes of sporting events. These outcomes and their associated are also called betting markets.

Betting markets allow punters to focus on one or more elements of a match they are confident about. For example, while you may be uncertain about the outcome of an NBA match, you can confidently bet on Player A scoring X number of points in that match.

Conclusion

Thanks to a Supreme Court judgment, forms of betting are allowed in the US. However, according to the Wire Act, only residents of a said state can participate in legal, online betting. With that said, bettors must declare all their earnings to the IRS as these earnings are taxable. Online betting sites offer a range of sports, leagues, and betting markets to their players. The top sites also offer several kinds of betting odds to punters. Therefore, if you are a first time gambler, look for sites that offer multiple bonuses and bets.