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ON-LINE GAMBLING GUIDE
Things to know BEFORE you bet on Sports!
With computers now located in more
than half of all households in the United States, on-line sports’ betting is
more popular than ever before. Current technology allows you to open an on-line
gaming account with an on-line casino/sports books by making a deposit
(typically using a credit card, Pay Pal, or wire transfer).But before you sign
on to an on-line sports book, here are a few important suggestions:
#1. Selecting an “Acceptable”
On-line Gaming Services Provider
Check with prospective On-line
Gaming Services Providers to make certain that you are not in violation of any
federal, state, provincial or local laws. If applicable, make certain that the
On-line Gaming Services Provider is licensed or approved to provide
you their gaming services. This
information can typically be derived from the On-line Gaming Services
Provider’s website, or by contacting the On-line
Gaming Services Provider via email, phone, or fax with any questions that you
may have.
#2. Opening an Account
When choosing a Sports book, try to use one that accepts Pay Pal. When you use
a credit card to make a deposit into your account, the sports book will only
credit your card back up to the amount you initially deposited. The rest of
your withdrawal will be sent via the mail, which may take up to 6 weeks.
For example…
You make a credit card deposit of $200.
Let’s say you win and want to make a withdrawal of $500…$200 will be credited
to your credit card, while the other $300 will be sent via a check (less fees).
#3. Getting your Money
Although you can put in for a withdrawal at any time, most sports books process
withdrawals 1 day a week. Usually on Mondays.
For example, say you put in for a withdrawal on Tuesday…the money will sit in
your account until the next Monday. In the meantime, it will be available for
you to bet with.
#4. Telephone Wagers
Most sports books will accept bets via the telephone. This is great if you
don’t want to have to be in front of a computer every time you want to make a
play. Just remember your account # and password.
#5. Keep track of you plays!
Sports books will accompany your play with a receipt #. Write this # down in
case you have a dispute with a wager you made. But remember, once you make a
wager, it cannot be changed. So verify you bet BEFORE you click the accept
button.
#6. Have Fun!
As with any gambling, use you head. Money management is key. Don’t play more
than you can afford to lose. A common
trap people fall into on-line is they rack up their credit cards with deposits.
Keep track of you deposits so you won’t be caught unaware when you receive your
statement.
#7. Gamble Responsibly.
Remember that gambling should only
be considered as a form of entertainment.
As important as the information that you utilize to make your gambling
decisions or selections is money management.
So manage your money carefully.
If you suspect that you have a gambling problem, we highly recommend
that you seek help. One such on-line
source is www.lostbet.com or call
1-800-LOST-BET.
Good
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