What is Proxy Betting?

Proxy betting is a form of remote betting that allows a person to place a bet on behalf of another person. In this type of betting, a proxy agent is hired by a bettor to place a bet on their behalf. Proxy betting is usually done in countries where online gambling is illegal, or in places where players want to remain anonymous. This type of betting is especially popular in Asia, where it is known as “telephone betting” or “account betting.”

How does Proxy Betting work?

Proxy betting works by using a proxy agent, sometimes referred to as “beard“, who is usually located in a country where online gambling is legal. The bettor contacts the agent by phone or email and provides them with the details of the bet they want to place. The agent then places the bet on behalf of the bettor using their own account or through a third-party website.

Is Proxy Betting Legal?

Proxy betting is not legal in many countries, including the United States. In fact, it is considered a form of illegal gambling and is therefore not allowed in any casinos or online gambling websites. However, in some countries where online gambling is not regulated, proxy betting is still allowed.

Is Proxy Betting legal in Vegas?

Proxy betting is not legal in Las Vegas, or anywhere else in the United States. All forms of remote gambling, including proxy betting, are illegal under federal law. This includes both online and phone-based gambling, as well as any type of remote betting done through a proxy agent.

Why is Proxy Betting illegal?

Proxy betting is considered illegal for a number of reasons.

1. One of the main reasons is that it allows people to bypass the laws and regulations that are in place to protect players from problem gambling. It also makes it more difficult for casinos to track and monitor betting patterns, which can lead to increased fraud and money laundering.
2. Another reason why proxy betting is illegal is that it can lead to match-fixing and other forms of cheating. In a proxy betting arrangement, the person placing the bet on behalf of another may have inside information or may be able to manipulate the outcome of the bet in some way. This can lead to unfair advantages and can undermine the integrity of the betting system.

What are the Risks of Proxy Betting?

Proxy betting carries a number of risks for both the bettor and the proxy agent.

1. For the bettor, there is the risk of losing their money due to the actions of the proxy agent. There is also the risk of being scammed by fraudulent proxy agents who take the money and never place the bet.
2. For the proxy agent, there is the risk of being caught by authorities and facing legal repercussions. Proxy agents also run the risk of losing their own money if they place bets on behalf of bettors who cannot pay their debts.
3. In addition, proxy betting can also lead to addiction and problem gambling. Since the bettor is not physically present at the casino or sportsbook, they may be more likely to place larger bets or engage in riskier behavior.

Conclusion

Proxy betting is a controversial practice that is illegal in many countries, including the United States. While it may offer some advantages for bettors, such as anonymity and convenience, it also carries a number of risks and can lead to cheating, fraud, and problem gambling. It is always advisable to bet legally and responsibly, and to avoid using proxy betting services or agents.