No, it's not. Although more than 30 states have now legalized online sports betting or casino games in some form, all types of online gambling are illegal in California. As things stand, you cannot legally place an online bet on a sports event, and you cannot play casino games on your desktop or your mobile device.

You will find some social casinos on the App Store or Google Play Store that won't pay real money, but you can win real money on slot apps that we have recommended.

Also known as betting or wagering, it means risking money on an event that has an uncertain outcome and heavily involves chance. Like investors, gamblers must carefully weigh the amount of capital they want to put into play.

BetTrader is a browser-based Betfair sports trading software application that displays live-updating Betfair markets in your internet browser, allowing you to place bets faster and more effectively than is possible with the Betfair website.