If you want to bet on sports online, you have to be aware of the laws. Many states have laws that make this activity illegal. The most prominent example is the Interstate Wire Act (IWA). The IWA was passed in 1961 and made it illegal to bet on sports via wire communication, which included the telephone and internet.
While there are some exceptions, it is safest to bet on sports online through a legal sportsbook. These sites will verify your identity before allowing you to place your bet. They will also ask you to verify your bank account information. The purpose of this is to protect sensitive player information. In contrast, black market sites have little incentive to protect the identity of their patrons and do not answer to a governing body.
The Wire Act affects both bookmakers and individuals who place wagers on sports. However, it does not affect those who place sports wagers online for recreational purposes. However, the DOJ has long argued that sports gambling is illegal. It is not clear if the new law will affect sports wagering.
In addition, the U.S. Supreme Court recently ruled that PASPA is unconstitutional. As of now, 31 states have legalized sports betting. However, the dominoes are still falling. While Illinois became the 15th state to legalize sports betting, it has yet to launch its mobile product. Mississippi, on the other hand, legalized sports betting in August, but only on land-based casinos. However, the state is unlikely to offer mobile sports betting anytime soon.