Online betting is any form of betting conducted via the internet. This includes casinos, online poker and sports betting among others. The very first online betting venue open to the public, was ticketing to the infamous Liechtenstein International Poker Tournament in October 1994. Betting exchange rates and the rules of play kept the participants engaged and encouraged competitive spirit throughout. Today, online betting is legalized and regulated by several bodies including the World Trade Organization. All countries that have laws against online gambling have either banned it altogether or have put some form of restriction on how and where to wager online.
There are many similarities between the online gaming and wagering both in the US and abroad. In the US, both online gambling and wagering are not subject to theuster rule that keeps non-residents from legally gambling. This allows residents of the US to legally participate in online gaming and wagering.
The legal aspects of online betting are not the only differences between online gambling and wagering though. New Jersey legalized online betting in 2021 and has since become one of the most welcoming states to sports betting in the nation. New Jersey also legalized sports betting online in June 2021. As a result, if you are looking for a new betting destination for your favorite teams and/or sports events, then you should consider placing your wagers on the New Jersey area. You will not be disappointed.