Communicated Content – Today, betting is one of the most popular forms of entertainment in the United States. The betting market is regularly gaining momentum and has already been legalized in many states, the number of which is increasing every year. Since the United States adopted a law allowing the legalization of betting activities, many bookmakers have begun to actively place their ads on various American and foreign Internet resources. Here, we will talk about the most popular betting companies used by Americans.
American sports betting market
For a long time, sports betting was banned in the US. Many supporters of the legalization of sports betting fought with the government, arguing the need for the legalization of betting, but this was unsuccessful. However, on May 14, 2018, the US Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) of 1992. According to this law, betting activity was considered legal only in the state of Nevada.
After the law was repealed, each state was able to independently determine the legal status of sports betting in its territory. According to some reports, now more than 30 states are preparing to legalize sports betting on their territory. In other states, the betting situation remains uncertain. Most often, making online sports betting legal is hindered by legislation that does not want to allow residents to legally bet and make a profit from sports gambling.
Where can Americans bet legally?
Outside of Nevada, sports betting has long been legal in Delaware, Montana, and Oregon, as well as West Virginia and Mississippi. In addition, sports betting can be done in Pennsylvania, however, in this state, the cost of a license is $ 10 million, and the income tax is 36% (4 times more than in neighboring New Jersey), so businessmen do not seek to open a betting business in the territory this state.
Also, retail sports betting is available in the states: Rhode Island, New Jersey. Atlantic City is the second (after Las Vegas) US sports betting center in the United States. Today, the betting market is steadily developing here, most of which is online betting. Interestingly, online betting is only available in the state of New Jersey. Many legal online sports betting companies offer sports betting apps, competitive odds for professional sports and different sports leagues, mobile sports betting for daily fantasy sports and college sports teams, and many other activities.
Which online sportsbooks do Americans use for betting?
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BetOnline
BetOnline is a Panamanian betting company established in 1991. It started accepting bets via the Internet in 2004 and is focused on the US market, as well as countries in North and South America. That is why a large number of Americans choose this company to bet on.
The advantages of the bookmaker include a high level of odds and a good statistics section, where players can get acquainted with the results of matches and the chances of winning. In addition, the bookmaker’s website has a good representation of popular sports in the United States, as well as horse racing. However, the company also has disadvantages – for example, the prematch line does not have a wide variety of offers. There are no live broadcasts in the Live section.
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Sportsbook
The SportsBook betting company has a long history – it was founded in 1996 and is focused mainly on players from the USA and Canada. The company typically prefers American sports – baseball and American football. There are many interesting events in the prematch line, but the odds cannot be called high: the average margin is about 6-7%. In addition, the obvious minus of the company is the Live section – there are very few events presented in it.
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5Dimes
The 5Dimes online sportsbook has been operating since 1996 and accepts bets on sports, poker, lotteries, casinos, and online games. The main focus of the prematch line is on typically American sports, which is why this company is so popular among American users. Of the popular sports in Europe, only football is well represented. A good level of odds is only available for NBA, NHL, NFL, and MLB matches. A good advantage of the company is the welcome bonus for new players. And for fans of gambling, there is a large selection of casino games.
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Sportbet
Sportbet is a sports wagering company that is part of the brands of the 5Dimes group. In addition to Sportbet, this group also includes bookmakers Vietbet, 5Dimes, Island Casino, and Chinese Bookie. Unlike many other bookmakers aimed at American users, Sportbet offers not only American sports but also those that are popular among European users. European football is presented very well on the company’s website, but, of course, more attention is paid to typical American sports – baseball, basketball, and American football. The odds here are not the highest, and the margin on outcomes is about 6%. An important advantage of the bookmaker is the welcome bonus offer for new customers.
Conclusion
There are many legal sports betting companies that provide their services to US players. In this review, we have considered only some of them. Almost all bookmakers focused on the American audience have one thing in common – they pay attention mainly to those sports that are most popular in America. Baseball, basketball, American football are best covered in the prematch line. Many bookmakers also offer betting on horse racing. In addition, a common feature of many bookmakers is the poorly designed Live section. It can be assumed that US players prefer to bet on prematch. Also, we may say that mobile betting is not very popular among sports bettors.
As for the odds, compared to European bookmakers, they are quite low. On average, the margin on the outcomes of events is about 6-7%. More information about online sports betting sites and sports betting industry in the USA you may find online.
