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| Frequently
Asked Questions |
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| Is gambling
legal over the Internet ? |
| If I am in the
United States, what legal ramifications are there ? |
| How do I open
an account ? |
| How can I be
sure I will get paid when I win ? |
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| How do I make
a deposit ? |
| How do I open
an account ? |
| Does VIPsports
work with AOL, Prodigy or CompuServe ? |
| How do I use
VIPsports with AOL under Windows 95 ? |
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| What
Types of Wagers Does VIPsports Offer? (Betting Help) |
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| Access our Wagering
Guide for Questions Like: |
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| What is a side
bet/straight bet? |
| What is a total
bet or over/under bet? |
| What is a parlay
bet? |
| What is a teaser
bet? |
| What is a money
line? |
| What is a proposition/future
bet? |
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| Is gambling
legal over the Internet ? |
| It is widely recognized
that Internet gaming is an international issue. Some experts
agree that even if anti-gaming nations pass laws against Internet
gaming, the international character of the Internet makes it
impossible to police on a global scale. Currently, users in
the US, for example, may be deterred from wagering due to potential
violations of 18 US Code 1084. It is best to contact your local
or federal authorities regarding legality in specific jurisdictions.
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| If
I am in the United States, what, if any, legal ramifications
are there ? |
| One federal law having
possible impact is 18 US Code 1084. It was enacted to discourage
sports books from conducting business in the US, not to prosecute
the consumer. This fact was recognized in one case, in which
the government prosecuted a person placing bets with a sports
book. The judge took the purpose of the law into account and
held against the prosecutor because the bettor was not involved
in the "sale of a product or service for a fee involving
third parties," i.e., customers and clients. |
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| How
can I be sure I will get paid when I win ? |
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| VIPsports is
a fully licensed sportsbook on the island of Curacao.
The Parliament of Curacao has passed laws which regulate
and tax Internet gaming operations. In VIPsports’s
licensing agreement, VIPsports is required, by law, to
maintain an escrow account with funds on deposit that
exceed the amount of all active wagers. You can rest assured
that your winnings will always be paid. |
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| What
is "the spread" ? |
| Odds makers
need a way of making even bets possible. They assign a
point advantage to a weaker team that is expected to lose
by a certain number of points. If you bet on the stronger
team, they need to win by more than the point advantage
(covering the spread) in order for you to win. Half-point
spreads are also possible and available for purchase.
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| What
is "juice" ? |
| This is a slang
term meaning the commission that you must pay if you bet
against the spread. You must have a winning average of
over 52.38% in order to come out ahead. |
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| How
do I open an account ? |
| 1. |
Press
the "Open an Account" button
or the "Signup" button.
Fill in the online registration form with your information |
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| 2. |
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| How
do I make a deposit? |
| 1. |
Press the
Account Management button in the left frame of the screen
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| 2. |
Enter your
account ID and password |
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Press the
Deposit button |
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From the
drop-down list, select the amount you wish to deposit
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| 5. |
From the
second drop-down list select the method by which you would
like to send your deposit.
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[
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Top ] |
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| Using
the Site |
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| Does VIPsports
work with AOL, Prodigy or CompuServe? |
Yes, any Internet
service provider that uses a 100% compatible TCP/IP stack
will work.
Requirements: The newest version of your ISP's dialer
software. For AOL this is currently version 9.0 |
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| How
do I use VIPsports with AOL under Windows 95? |
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| If
you use Windows 95 and the latest version of AOL, then
VIPsports will operate reliably. To ensure you have the
latest version of AOL software: |
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Connect to
AOL |
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Select "Help"
from the menu |
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Select "About
AOL" |
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The latest
version of AOL is "AOL 9.0" |
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To check
the release, hit CTRL-R (hold the CTRL key down and press
R) |
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To upgrade
AOL: |
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Connect to
AOL |
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Select "Keyword"
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Type "Upgrade"
and press Enter |
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Select "Upgrade
Now", there is no charge to upgrade. |
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[ Back
to Top ] |
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