Is Online Betting Legal in New Jersey?

Online betting is any type of betting conducted via the internet. This includes online casinos, live casinos and even sports betting. The first online betting venue opened to the public, was ticket selling at the Liechtenstein International Casino in October 1994. Since that time many other countries have followed suit and now online betting is legal in virtually every country on earth.

Online gambling takes a variety of forms. High stakes virtual poker gaming, high-roller casino online gaming, and wagering on sports events and horse racing are all common types of online betting. Some people use online gaming sites as a way to make money; other people use online betting sites to supplement their income. Either way online gaming is one of the fastest growing home-based businesses today.

New Jersey residents looking to get in on the action can take advantage of a variety of online betting sites. There are many online gaming companies based out of New Jersey. Most offer hundreds of different kinds of gambling games including bingo and blackjack, and a large selection of sports betting including football, basketball, baseball, tennis and golf. There are also casino games available through many of these sites including poker, craps, roulette, blackjack and other slot machines. In addition to the exciting games available on these sites a number of different promotions are also offered, including special bonuses and prizes.

Online gambling has become a very attractive proposition because of the accessibility it offers to people all over the country. Gambling has always been a touchy subject and it is illegal in some states to conduct gambling of any type. However, the explosion of online gambling has made it perfectly acceptable for online gamblers from any corner of the country to come together and enjoy a bit of “wagering” online. In fact, the growing popularity of online betting has made it one of the fastest growing hobbies on the Internet. Of course, like any other hobby there are people out there that try to take advantage of this growing market and operate illegal gambling operations. These online gamblers need to be monitored and reported because they can easily take over a local casino. The New Jersey State Police and Internal Revenue Service do not currently have an active stance or policy with regards to online gambling in New Jersey. However, the Internal Revenue Service has placed a ban on paying money to gamblers in another state through transactions performed through credit cards or debit cards. This means that if you are going to gamble online in New Jersey, you are going to need to have an account at a casino operated in the state. The ban on online gaming was put into place due to concerns about illegal gambling taking place within the borders of New Jersey.

Gambling has become a big part of our lives and unfortunately there is a dark side that goes along with it. It is important that we understand online gaming and why it is illegal and what you can do to avoid becoming involved with online gaming of any kind. There are many resources available for helping you learn more about online gaming and the risks associated with gambling online. You can also get information about online gambling from your local library and the World Wide Web. Regardless of where you go, remember that by using electronic means to gamble you run the risk of having some unpleasant consequences. However, by staying abreast of current information you will be better prepared to know what to expect from online gaming.