So, you want to start betting online, but you have no idea where to start. Don’t worry. We’re here to help.
Sports betting has changed a lot throughout the years. While in the past, you had to attend a casino or any other location where the service was offered, now it is possible to gamble from the comfort of your home.
Some countries have their own regulations when it comes to online betting. However, offshore sportsbooks are a convenient and entertaining way to bet online safely. Not all offshore sportsbooks are trustworthy, though. That’s why, today, we will tell you how you can find the right offshore sportsbook where you know that your money will be safe.
How To Find An Offshore Sportsbook
Here we describe some of the factors that all gamblers should take into account while looking for an offshore sportsbook where they can gamble without risks.
Offshore Sportsbook Reputation
Some offshore sportsbooks have been operating for several years, which means that they have accumulated a great number of clients that can confirm their legitimacy. For instance, websites like BetOnline and Bovada have been around for several decades, offering reliable, fast, and diverse gambling services throughout the years.
Hence, it is important to consider how popular the website is. While popularity doesn’t equal quality, a well-known website is likely to be more trustworthy than one that started operating recently.
Offshore Sportsbook Reviews
Another good aspect you can take into account is online reviews. Now, there are websites like Trustpilot where you can see other people’s opinions regarding a particular website. Some people dedicate to writing about offshore sportsbooks too, which can give you an even clearer insight into how it is like to gamble on the website you’ve chosen.
Either way, make sure that the reviews you read are coherent and objective. It’s possible for some reviews to be outdated, while others only describe the “highlights” or “positive aspects” of the website and omit vital information.
Offshore Sportsbook Payment Methods
This is a subjective factor, but it’s an important one. We recommend considering the payment methods and how fast they are, as you can make sure of where your money will go. Some websites only accept credit or debit cards, while others have diversified their payment methods and allow you to use crypto or even e-wallets, like PayPal.
So, we advise you to consider the payment methods the website has made available for you to make sure that you will be able to handle transactions smoothly without any problems.
Offshore Sportsbook Bonuses
Bonuses are utilized as an “incentive” to make people stay on the website. These rewards may look different depending on the website where you’ve landed, but most of the time, they are positive aspects.
Some websites offer generous bonuses to first-timers and loyal customers. However, we highly recommend analyzing the bonus and comparing it to what other websites offer. Some prizes are “too good to be true,” which can be dangerous as your payment information may end up in the wrong hands.
Therefore, it’s important to examine what the website is offering to you and see whether the offer is comprehensible or if there is a possible “issue” that could put you at risk.
Offshore Sportsbook Limits
Luckily, offshore sportsbooks operate with few limits. However, the limits may look different from one sportsbook to another. For instance, some offshore sportsbooks have a limit of around $500 for smaller markets.
This information is typically well-described on the websites. You should be able to read about the limits and other transaction-related data while you’re navigating through it. This way, you can have an overall idea of how much you’ll be able to gamble during a determined time frame.
Offshore sportsbooks are available for people worldwide. These websites allow you to bet regardless of where you are, as most of them operate on international grounds and welcome players from all around the world. At the same time, they’re regulated by authorities within their country of origin.
Another advantage these sportsbooks have is that they offer more payment methods. So, if you don’t want to use your credit or debit card, there are options where you can use e-wallets or even cryptocurrency, like Bitcoin or UDST.
Is offshore betting safe?
Offshore betting can be safe. It all depends on the website you’ve chosen to bet on. Some offshore sportsbooks are trustworthy, while others are not. It is important to evaluate the website thoroughly before submitting any payment information.
Is offshore betting legal?
Offshore betting is legal because offshore sportsbooks operate outside the United States jurisdiction. Therefore, they are regulated by the laws of a different country. Still, please note that all the income you generate by gambling is taxable, and not reporting it can cause you a few headaches.