Rules and Guidelines of Bookmaking

You’re not going to find a book listing out rules of bookmaking. There are some rules you should be aware of, which we’ll touch on, and we’ll also list some bookmaking guidelines.

First off, we’re not here to give anyone legal advice and frankly we couldn’t as our readers reside in countries around the world and the laws vary by jurisdiction. We’ll leave it up to you to learn your local laws to find out the rules about booking real money wagers.

There are countries where you can set-up an offshore sportsbook without consequence, but there are also countries where it isn’t legal. You’ll have to decide how much risk you’re willing to accept in operating your business. Many local bookies operate under the radar for decades.

There are some…