Governments, the biggest supporters and proliferators of gambling, long ago worked the pastime into mainstream society, introducing lotteries, horse betting, and land-based casinos. However, Las Vegas-style sports betting had not caught on in other parts of the country, until recently, allowing billions of dollars in potential tax revenue to leave the country and instead benefitting offshore sportsbook operations.
It looks like this will soon be changing as a result of the growing movement of supporters lobbying to legalize Internet gambling. This would result the ability of governments to tax proceeds won by online gamblers, generating billions of dollars in additional government revenues. It appears, however, that while governments are making moves to legalize Internet gambling and sportsbooks, they will still be behind the curve by the time it does become legal.
One of the newest additions to the online betting world, Northbet.com, is providing its members with instant payouts by way of players’ own debit cards.
Traditionally, the process of receiving a payout from an offshore sportsbook has been difficult and lengthy; Northbet.com’s new debit card process will change this. The website will give winners almost instant access to their winnings and will certainly give the site a leg up on its competition.
The main goal of Northbet.com is to create an online gambling community in which members have faith that they will receive their winnings quickly and accurately, changing the stigma of traditional online casinos that collect losses instantly yet take much longer to pay a member his or her proceeds. Payouts at Northbet.com are paid out to players’ debit cards in as little as 120 minutes. Northbet.com may become so popular with the online gambling community as to reduce the need many gamblers feel to visit Las Vegas, as they can still experience the thrill of sportsbook operations and receive their money in a timely and convenient fashion.
