As NFL fans and the two football finalists geared up for Super Bowl XXXVII on Jan. 26, in San Diego, so too were online gambling sites. It’s a safe bet that a good portion of the Internet gambling industry’s 2003 revenue (about $5 billion) was at stake.
While online gambling is illegal in the United States, a simple Web search yields thousands of gambling sites. A December 2002 GAO report pegs the number of e-gaming websites at 1,800, many based in the Caribbean. These sites constantly update their offerings for the gambling public. One such update is “in-progress betting,” a way for online gamblers to place hundreds of bets during the game, and that’s hundreds more ways for fools and their money to be parted.