Presidential election gambling casino western union The short answer is yes, betting political events online is legal in the US simply because there are no specific federal regulations that outlaw the act of online gambling. So, as the old adage suggests, one must laugh to keep from crying. There are no US gambling laws that prohibit you from betting on politics at licensed and regulated destinations that are located outside US borders.

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Odds-Makers Betting Big On U.S. Election Ladbrokes, a UK-based gambling company, said about 5 million pounds, or a little over $6 million, had been bet on the presidential election since its markets on the race opened four years ago. In the presidential election, it got 49 out of 50 states right. But because online gambling is illegal in the US, prediction markets that use real money exist in a hazy legal zone. But in Britain, where I live, our ultra-liberal gambling laws let us bet on pretty much anything taking place During the last presidential election in , Betfair, the world's biggest peer-to-peer betting.