Is e-Sports online betting legal
by Travis Johnson Digital Marketing ExpertOnline Esports
betting is the idea of betting on professional gaming. This field has been in
the industry for a while. However, it is only recently it grew in popularity.
It's legal in Australia and many other countries like the UK, Italy, and
Bulgaria. As a result, it is now part of online sportsbooks in various online
sports betting websites.
Esports betting
covers the world of video games. It covers various multiplayer games currently
available. Players need to look for a sportsbook offering a wide variety of
esports for better odds.
The
Legality of Esports Betting
Esports is a
multimillion-dollar industry whose popularity is increasing worldwide. Various
companies offer players several ways to place wagers on their sites for these
games.
In a country
like Australia for example the interactive Gambling Act governs gambling and
allows online sports betting. Players can place bets on any licensed bookmaker
in Australia for their preferred esports.
However, live
esports betting is not allowed. It means players can't bet on an esports that
has already started. Gamblers need to place a bet before the games begin.
However, in
countries such as the US, esports betting legality depends on various things.
Such include the state one is in. Regions such as Nevada and Colorado have
legalized online sports betting. That said, there are no existing laws that
explicitly prevent gamblers from betting on esports sites hosted overseas
unless you are in Washington states.
Players can
place any pre-match bets on any esports game, such as League of Legends to
Counter-Strike: Global Offensive. It's advisable to do so from a fully licensed
eSports betting website with fair odds like Bet365.
How
to stay safe when gambling online
Safety is a
significant concern for gamblers playing online. A slight mistake can
compromise their accounts and put their money on the line. Having an account
wiped clean by scammers can be devastating for a player. For this reason,
players need to know what to do when engaging in online sports betting to keep
their accounts safe.
First, players
should only do business with licensed sites. Before signing up and giving them
personal information, players should research the site to ensure it has the
necessary licenses.
An online
betting site should also have encrypted logins to secure gamblers' information.
Some sites store information in raw data, which can compromise the data.
Reading the terms and conditions of an online site also keeps a player safe.
Many sites differ in these terms, which can affect a player gravely.
A player also
needs to use secure payment methods. Trusted payment methods such as Visa,
Mastercard, and bank transfers have a track record of keeping a player's
information safe and secure. They can also use e-wallets like Neteller and
Skrill. There are also anonymous methods of payment like crypto to keep banking
information secure. A player should use sites that ask them to identify
themselves before placing bets.
Conclusion
Esports betting
is legal and quickly rising in popularity. Bookmakers ensure they improve a
player's experience in this form of betting. Players have access to easy
payment methods increasing the fun of the game.
It is advisable
for players to only deal with licensed sites to keep their information. These
sites also offer fair and competitive odds.
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Created on Mar 21st 2022 23:54. Viewed 148 times.