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Online Paypal Sports Betting information

Posted by betlover on Dec 18, 2011 in online gambling

In case you are a sports enthusiast you definitely probably already noticed the fact that there are many online bookies available on the internet. The number of online sports betting websites has significantly increased during the last couple of years thanks to the fact that we are dealing with a fast expanding market, since more and more people start to notice that by placing sport bets over the internet they get to save both time and money. Time because you will no longer have to drive over to the local bet shop and money because the odds offered by online sports betting websites are a lot better compared to what the local shop can offer you.

The moment you want to start placing a bet over the internet you definitely want to use only the most reliable online sports betting websites. This way you can be sure that your money is safe and at the same time you will get paid in case you manage to win a few bets. One of the easiest ways to tell whether an online sportsbook can be trusted or not, is by looking at the payment methods that you can use to make deposits. Those online sports betting websites that accept Paypal as a payment method have been carefully selected and went through some rigorous tests before being accepted. And this way you can be sure that your money is going to be safe while placing online bets.

Paypal is right now the world’s most popular online payment processor. The reason why this is happening is because it’s very simple to use and at the same time your money is going to be protected all the time against fraud thanks to a great security system. With the help of paypal not only you can make deposits at some of the world’s largest online betting websites but you can use this payment method also to cash out your winnings.

Along with all the online sports betting websites that are accepting paypal you will also get the chance to use paypal for thousands of other merchants on the internet. Paypal is currently known to be one of the most universally accepted online payment method.

Here you can find the complete list with all the online sportsbooks out there that are accepting Paypal as a payment method: PartyBets, 888 Sports, Bet365 Betting, Ladbrokes Betting, Paddy Betting, BWIN SportsBook and BetFred. You can select any of those internet gambling websites and you will be able to make a deposit or to cash out your winnings with the help of Paypal.

Even if there are many online sportsbooks right now that accept paypal as a payment method the US players are not going to be allowed to use paypal as a payment method. This means that in case you are located in the US, you will have to look for another payment method. But the Europeans have absolutely no interdiction regarding this.

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Sportingbet settles

Posted by betlover on Oct 4, 2010 in online gambling

In 2006 the online gambling world was shocked when a last minute change to the SAFE port act introduced the UIGEA which would make the transfer of funds to online gambling sites illegal.

Sports betting, casino, horse-racing, poker, and many forms of online gambling would be shut up because of the UIGEA. Any company that offered their services to American players got themselves into legal troubles in America. Sportingbet a sports betting site was one of the companies which found themselves in a big legal mess.

In 2006 following the UIGEA the sports betting site Sportingbet’s CEO was apprehended in New York. The arrest was a sign that Sportingbet got themselves into legal troubles in America because of the new bill for offering sports betting online to American players and accepting their funds transfers. Recently the sports betting company reached a settlement with the Department of Justice to the tune of 33,000,000 dollars. The sports betting companies’ settlement could help pave the way for others to attain a clean slate in America.

The sports betting company Sportingbet isn’t the only company working on clearing their name in America. Last year Party Gaming reached a much larger settlement which helped clear their name and wipe away all of their legal problems in the United States.

Sportingbet and Party Gaming aren’t the only companies in legal trouble within the United States. If sports betting, poker, and other gambling sites attempt to clear their names in America, there might be hope for those Americans who are waiting for a change with the UIGEA. One day Americans might be able to return to their favorite online sports betting and gambling sites.

This is a step in the right direction for the unclear legal landscape with respect to online gambling, let’s hope more will follow.

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