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    They do exist .. in the free world of course.

    They do exist .. in the free world of course.
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    http://www.bloomberg.com/news/2014-06-01/for-world...

    http://www.bloomberg.com/news/2014-06-01/for-world-cup-betting-flows-through-banker-turned-bookie.html
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    There are funds operating in the UK and...

    There are funds operating in the UK and Australia. Are you saying a US citizen wouldn't be able to invest in them either?
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    I can't believe there would be anything stopping...

    I can't believe there would be anything stopping it.

    After all, generally speaking it's not betting which is illegal in the US. It's running a book which is against the law.
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