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Question Details Asked By Asked On
Setting up a sportsbook curiousz 09/25/03
    If I wanted to take bets for sports events with my own money and pay them off myself, is that legal and what are the considerations for that... also what if I simply take bets for people to bet on a separate online casino not related to me, and i take a percentage for a "service" to them?

    In other words, if u are in an environment with people willing to bet, and you wanna cash in, what is the best way to do it? Thanks

      Clarification/Follow-up by curiousz on 09/28/03 8:56 pm:
      How is it that there are so many bookies and illegal sportsbooks on the streets, especially in the bigger cities, but they dont get caught? Is it bec the feds got bigger fish to fry, or what is it?

 
Summary of Answers Received Answered On Answered By Average Rating
1. Well, unless you live in Nevada, or outside of the United St...
09/25/03 stevehaddockExcellent or Above Average Answer
2. That's part of it, but another part is that bookies occas...
09/28/03 stevehaddockExcellent or Above Average Answer
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