Online Sports Betting

Discussion in 'Off-Topic' started by illinoiscyclone, Oct 29, 2010.

  1. illinoiscyclone

    illinoiscyclone Well-Known Member

    Jan 30, 2008
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    I have been thinking about betting online for a while now, to see how I could make out. I have a few questions.

    1. Is it legal? I couldn't find a clear cut answer in my prior search.. all I saw was a bunch of junk about the wire act. Is it illegal to own a website or to bet altogether?

    2. Is it safe? I read a while back that some website got in trouble for stealing peoples money, but I think that was a poker site.

    3. Does anyone actually make money on it? I don't really want to lose a bunch of money seeing as I don't have much in the first place.

    4. Can anyone give me some tips? I realize talking about it in an open forum might make some uncomfortable so via PM is fine.


    Thanks in advance!
     
  2. San Francisco Cy

    San Francisco Cy Well-Known Member

    Jun 12, 2008
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    My opinion is to not even get involved. I've used sportsbook.com and Full Tilt for years. Both are legit and not necessarily legal. And although you can win, the reason that these sites (not to mention Vegas) are still around and viable is because the house wins more than it loses. Especially if you don't have money, I'd say just keep your money. There's no such thing as a "sure bet"...
     
  3. yler4cy

    yler4cy Well-Known Member

    Jun 23, 2009
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    I have used sportsbetting.com as well and it seemed to be pretty secure.
     
  4. simply1

    simply1 Well-Known Member

    Jun 10, 2009
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  5. twojman

    twojman Well-Known Member

    Jun 1, 2006
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    I just started a blog about picking games.
    Bet More Win More: College football lines week 9

    I think it should be legal. I used betonusa.com and was paid in a reasonable amount of time. I have not been able to make a deposit since 2007 though. Congress is entertaining the thought of making online gaming legal. This would only be poker and such, not sports betting.
     
  6. cyfan964

    cyfan964 Well-Known Member

    Oct 22, 2006
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    Not legal, but not enforced. Millions of Americans do it and to this point I don't think anyone has had a legal issue with it.

    I've used bookmaker and intertops and both treated me well. I like intertops better because they can direct deposit into your checking account once a month at no cost to you. Most sites charge a fee to withdraw money.
     
  7. twojman

    twojman Well-Known Member

    Jun 1, 2006
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    How does the deposit work?
     
  8. cyfan964

    cyfan964 Well-Known Member

    Oct 22, 2006
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    Welcome to Intertops.com!


    Click on payments on the left and then the payout tab. It's a bank wire transfer.
     
  9. cycloneworld

    cycloneworld Facebook Knows All

    Mar 20, 2006
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    It's not legal but not enforced. As long as you are at a reputable site, its safe. These are billion dollar companies and thousands and thousands of people use them.

    Why don't you try www.centsports.com for awhile. They give you $.10 to bet with and if you lose it, they reload your account for free every time. You can also cash out if you get above $10 or $20. (If you do try this, PM me and I will refer you)
     
  10. cyfan964

    cyfan964 Well-Known Member

    Oct 22, 2006
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    Basically I would suggest trying it with "play money" if you want to get started. As someone previously stated... The reason these sites exist is because they make money. Few people win. Make sure you know what you're doing before you get involved.
     
  11. JY07

    JY07 Well-Known Member

    Aug 20, 2009
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    did you lose every single prediction you made on last week's games?
     
  12. cycloneworld

    cycloneworld Facebook Knows All

    Mar 20, 2006
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    In sports betting this is completely false. The goal of the sports book is for exactly 50% of the people to win. They want even action on both sides because they make their money with the 5-10% (typically, not always) juice they take per bet.
     
  13. GeronimusClone

    GeronimusClone Well-Known Member

    Oct 23, 2008
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    Online sports betting is like sleeping with your super hot third cousin. It's frowned upon, but nobody is going to arrest you for it.
     
  14. Klone

    Klone Member

    Jun 17, 2010
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    Sportsinteraction.com is the place to go. I've used them for a while and its legit. The only thing you have to know that its hard to get money from these people because its illegal. They will do it through channels and then you have to visit your bank but is all legit in the end. Good luck!
     
  15. I use sportsbook.com Just got a deposit in 3 days last week. Never had any problems.
     
  16. CyJack13

    CyJack13 Well-Known Member

    May 21, 2010
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    I think he's talking about winning overall, not just on one game. Obviously, there are some people winning on every bet, but if you gamble on a lot of games odds are you're going to lose money.
     
  17. twojman

    twojman Well-Known Member

    Jun 1, 2006
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    Almost, I was 2-5 to follow up my 6-1 week.
     
  18. Clones33

    Clones33 Member

    Jan 15, 2009
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  19. CloneIce

    CloneIce Well-Known Member

    Apr 11, 2006
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    There are people who do it for a living. Yes people make money on it. The problem is, it is tough to consistently make money on it, or everyone would do it and nobody would have a regular job. So if you study it a ton you may be able to make money on it.

    These spreads are made by people who do this for a living, they really do know what they are doing. The point spreads are designed to get the most action on the games, if a spread looks out of whack and like an easy win there is usually a reason for this.
     
  20. Tedcyclone

    Tedcyclone Well-Known Member

    Oct 27, 2009
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