Online gambling on hurricanes is becoming quite popular. The gambling operators who offer these types of bets claim that the historical data on hurricanes make for great odds due to unpredictable weather predictions.
For example, wagers can bet on a range of hurricanes formats from the total number of hurricanes that occur to wagering on the odds of category strength status to how many storms will hit Florida residents or certain areas along the coastline.
The president of one online gambling website, based in Miami Beach, stated that the news media builds up a captivating audience for hurricanes, which leads to action betting every hour of the day as they approach.
Online gambling businesses are currently beginning to tap into this market.
According to another web-based online gambling site's chief executive officer, the public is interested in gambling on everything from TV show winners from "American Idol" to hurricane betting, and claims that hurricanes have been one of the most successful offers yet.
The Sun-Sentinel reports the United States (U.S.) Justice Department upholds that online betting is illegal; however there is no regulation for betting sites that are located offshore.
According to the AP, traditional casinos in the United States do not offer hurricane betting. In addition, the AP reports that although online gambling is illegal according to the U.S. national laws, there is a difference of opinion in this regard.















