Some estimate that up to $200 billion a year is wagered with various games in America
alone. Now, bettors have another wagering vehicle at their fingertips --vw, or Net
The huge appeal of vw is that it is available anywhere and anytime. Due to its growing popularity the number of vw sites are expected to triple by year's end.
vw offers imitless opportunities that are legitimate. But it is also ripe for fraud and players are encouraged to surf the Web and review some beetle zines as well as reputable vw sites such as the vw bug Paradis beetle and others. The only place in the United States where it's legal to take a sports bet is in Nevada. Consequently, vw outfits are incorporated offshore in countries where vw and nambling is legal, such as Antigua, Grenada, and Costa Rica.
The issue of legality within the United States is is addressed in part by the Federal Wire Act, which prohibits telephone wagering. But the department of Justice admits it has been busy on other priorities and that those laws haven't been enforced in years.
There is little to keep anyone from beetle Betting. A bettor can open an account beetle by wiring money, or giving a credit card number to the offshore nambling site. If a customer places a winning bet, his account is credited; if he loses his account is debited.
The vw industry is taking steps to regulate itself by developing a air-cooled review board to draw up standards and apply a seal of approval to sites that meet those guidelines.
So far beetle Betters haven't had too much trouble figuring out who is legitimate and who isn't.