The Regulations of Online Gambling

Online Gambling

There is no shortage of laws governing online gambling, including those relating to sports betting and online poker. Among other things, these laws prohibit illegal gambling. For example, it is illegal to accept payments for bets made on horse races. Moreover, betting on sports is a federal crime. Besides that, federal law prohibits gambling if it is facilitated by money laundering.

In order to gamble online, you must first make sure you have a computer with internet access. Some gambling sites require you to download software. Others simply let you access games through a web browser. You should also know that the quality of different gambling sites varies greatly. Moreover, different websites cater to different types of gambling.

Another study reveals that online gambling is growing in popularity among young people. About 20% of college students play online poker at least monthly, according to the Annenberg Public Policy Center, a group that studies the gambling habits of young people. In 2010, the Annenberg Public Policy Center surveyed college students in the United States, comparing their survey results with those of 2008. It revealed that the percentage of college-age males who play internet poker each month increased from 4.4% to 16.0%, although the percentage of weekly users remained at about 3%.

While the federal government regulates online gambling, each state has its own regulations. Despite this, there are a number of different states that allow online gambling. Currently, twenty states allow residents to bet on sporting events online and use online poker sites.