Whether it is the Bulldogs, Falcons, Hawks, Braves, Yellow Jackets, or any other Georgia sports team, one thing is for sure the people of the Peach state certainly adore their sports. As we know, betting adds an element of excitement to sports proceeding.
Given that Georgia has recently been approved online sports betting via betting apps or online, this is the perfect time to get in on the action and exhilaration of betting. Here we are going to discuss the ins and outs of sports betting. If you are on the lookout for an extensive guide on what Georgia betting sites have to offer, you have come to the right place.
In the first week of March, the Senate Special Judiciary Committee passed a unique piece of legislation. This bill essentially legalized online sports betting via mobile devices in Georgia. The vote stood at 5-2 and was passed primarily because Georgia is looking to bounce back from the economic downturn caused by COVID-19.
An important reason for the decision is the establishment of fresh new revenue streams in the State. Georgia was on the brink of losing almost $3.6 billion in budgetary cutdowns, so it needed additional revenue options to bridge that gap.
All you need to know regarding House Bill 93
There had been another bill proposed by Senator Burt Jones, which had been presented to the house. This bill was rejected, however, due to economic considerations caused by the COVID-19 public health crisis.
Under the new bill, which has received approval, mobile sports betting operators have to make specific considerations to function within the newly established regulations. For instance, it requires online sportsbooks to provide an application fee of $50,000 in author to be authorized to operate.
Further, a licensing fee of around $900,000 shall have to be paid to the Georgia government annually.
- The legal betting age has been set at 21 years. Nobody under this age shall be permitted to participate in betting activities. This regulation is identical to those present in other states where betting has been legalized.
- The original bill had also proposed a 20 per cent taxation on all betting organizations.
- Senator Jones believes that this legalization of betting can bring about a large revenue influx into the State, amounting to almost $60 million. This money shall be highly beneficial in supporting the HOPE scholarship fund and financing educational expenses for pre-kindergarten welfare programs.
How To Pick A GA Betting Site
Betting sites are like restaurants. Some features, such as the type of food served and how your order is delivered, are completely up to you. However, there are some basic things that every restaurant has in common – namely a menu with well-priced options on it and an ordering system built for making quick choices while saving time (no cashiers or waiters necessary).
Betting websites work similarly: not all elements will be subject to your preferences; however, you will want to make sure that you’ll have access to great odds, fantastic welcome bonuses and all the betting markets available for you to place your desired bet.
It is a common practice for betting sites to provide financial incentives in the form of free money, etc., so that people leave positive reviews on their site. This tendency has led them to create false or misleading reviews, which can be dangerous if you’re not careful about what you believe from your research beforehand!
We at inkedin have carefully studied this issue and come up with three parameters:
Payment and Banking Options
Online betting is a faced paced, exciting activity. The last thing you would want is to be stuck in a hassle while depositing and receiving your funds. To avoid this, ensure that the site you choose provides easy, user-friendly, and efficient deposit and payment options.
Customer service can make or break your betting experience. If you are a new player, ensure that you pick a platform where assistance is easy to come by. Customer service executives with a quick response time are compulsory to optimize your betting experience.
Whether you are a professional bettor or a recreational one, you must have betting flexibility. If you find that you are faced with limited wagering choices at any given time, you are at risk of losing equity or a hot tip. However, most soccer betting sites in Georgia come with adequate flexibility for domestic and international sports bettors.