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A New Loophole

The US online casino gambling market simply refuses to be crushed; the US government has passed a ban on internet gambling yet sites in the US are finding all of the loopholes to get through. The latest questionable internet gambling sites comes in the form of another “private club” setting. The club is set up so that players are still able to gamble on domestic and international sporting events – this is where the situation gets a bit sticky. The US government is fast becoming very specific about the use of the internet to facilitate online casino gambling and betting with any companies; there are only a couple of sectors of the industry that have been granted carve-outs in the US’s federal legislation.

The federal legislation targets gambling activity no matter if it’s at an online casino, betting, or poker site…even more specifically, US banks are forbidden to process payment transactions with these companies. The new sportsbetting site, BetAgainstMe.com is based out of Los Gatos, California is actually a bit unique though it its format. The previous gambling “private club” format online gambling sites have raised profit by charging the members a membership fee to join the site, then allowing the gamblers to gamble to the hearts content with play money.

This site on the other hand is a bit different; there are no membership fees and no money expenditure at all for the online gamblers – that zeros the risk for the gambler making the site presumably a hundred percent free and clear of US government obstacles. The site apparently plans to make the money for the weekly prizes through advertising and sponsorship deals.