Betting online has become the preferred option among most bettors around the web. Most people prefer offshore sportsbooks due to their convenience, as they can place bets and keep up with their favorite teams without necessarily leaving their homes or on important occasions.
What is offshore betting?
Offshore betting refers to placing bets with sportsbooks or bookmakers that are located outside of the bettor’s home country. This can include online sportsbooks or bookmakers that are based in other countries, as well as brick-and-mortar sportsbooks that are located in other jurisdictions.
Offshore betting is often used by sports bettors who are looking for better odds, more betting options, or access to sports or events that are not available in their home country. However, it is important to note that offshore betting can be risky, as these sportsbooks may not be regulated or licensed in the bettor’s home country.
To mitigate these risks, it is important to do your research and choose a reputable offshore sportsbook that is licensed and regulated in a reputable jurisdiction. Some of the best offshore betting sites include Bovada, BetOnline, and MyBookie, all of which offer a range of sports betting options, competitive odds, and attractive bonuses and promotions.
Now let’s explore some of the most popular and best offshore sportsbook sites:
BetOnline
BetOnline is one of the most remarkable offshore betting sites on the internet. This website is located in Panama and is regulated by the respective authorities in that territory. It is one of the most visited and safest sites on the web.
This offshore sportsbook has most of the popular sports, covering the preferences of most bettors. You will find baseball, basketball, football, and even golf. Of course, horse racing is on the list, and it is one of the few sportsbooks that offer martial arts. You will also find eSports within its categories!
BetOnline offers diverse promotions and welcome offers and prizes to their clients. Perhaps the main drawback is the slow load time the website has.
Bovada
Bovada is one of the most popular gambling sites in the US. It is primarily used for basketball betting, although it has over 20 sports available within its lists. It also includes wrestling – something that not’s available in most sports.
You will also find eSports, including games like League of Legends or CS:GO. US bettors have an excellent welcome offer, where you can get a one-hundred percent match bonus that can have a value of up to $1000.
Bovada is quite intuitive, has a smooth and clean interface, and offers quick payouts. Perhaps the main drawback of the website is that some lines take time to be updated or to appear.
Sportsbetting.ag
While Bovada caters to the needs of basketball fans, Sportsbetting.ag leans toward the soccer side. Of course, it still offers several other sports for both casual and professional bettors. Perhaps one of the biggest advantages of gambling on this website is the early odds.
Another good aspect of this website is the fact that it offers diverse payment options. It includes cryptocurrency and is compatible with diverse credit cards, no matter where they come from.
Additionally, Amex & Chase is also accepted on this website, something that’s quite challenging to find within the sports betting community.
How to know an offshore sportsbook is trustworthy
We’ve mentioned three of the most reliable sportsbooks on the web, but that doesn’t mean that every website you find is trustworthy. Therefore, it is important for you to take into account diverse factors and make your research before you start gambling on a new website.
For instance, try to find comments about people who have already gambled on that sportsbook and read their experience. You can also try to find such information on their website, or whether it is included on blog posts around the web – like this one.
It can be complicated to find a reliable offshore sportsbook. However, some of the best ones were established several years ago and have built a reputation that precedes them. They have a relatively high flow of customers now and then, and their payment methods have been diversified.
Is offshore sports betting legal in the United States?
Many people within the US territory engage in gambling activities on a daily basis, and some states started to regulate gambling sites a while ago. Still, please note that even though sportsbooks are not permitted in most states, offshore gaming operators offer their services outside this jurisdiction.
Do you have to pay taxes on offshore sports betting?
While offshore sportsbooks are not within the US jurisdiction, please note that you’re still in the territory. Therefore, you must declare anything you win via gambling on your taxes because all income is taxable. This statement includes any money you’ve earned via online sportsbooks.
Which online sportsbooks pay the fastest?
Many online sportsbooks offer fast payouts. We’ve mentioned some of them in this article. Some of the most notable options include DraftKings, Bovada, and BetOnline.
How to find an offshore sportsbook
If you are looking for an offshore sportsbook, there are several ways to find one that meets your needs. Some of the most effective methods include:
1. Research online: One of the easiest ways to find an offshore sportsbook is to search online. You can use search engines to find a list of offshore sportsbooks, or you can search for reviews and rankings of the top offshore betting sites.
2. Ask for recommendations: If you have friends or acquaintances who bet on sports, you can ask them for recommendations for the best online offshore sportsbooks. They may be able to provide valuable insights and advice based on their own experiences.
3. Check industry publications: Many industry publications, such as Sportsbook Review, publish rankings and reviews of the best offshore sportsbooks. These publications can be a valuable resource for finding reputable and trustworthy sportsbooks.
4. Look for licensing and regulation: When evaluating offshore sportsbooks, it is important to look for those that are licensed and regulated in reputable jurisdictions. This can help ensure that the sportsbook is operating legally and ethically.
Overall, finding an offshore sportsbook requires some research and due diligence, but with the right approach, you can find a reputable and trustworthy sportsbook that meets your needs.
