They exist in an area of federal law that makes it so that although individual offshore bettors are not punished, they still commit an illegal act. There are also no consumer protections, and every bet submitted with an offshore book is a crime. There are plenty of other horse race bets and formats for users to explore and try their hand at. One of the best places for horse race betting is TwinSpires, which has a $200 sign-up offer. The safest way to ensure yourself as a legal sports bettor is to avoid using offshore sportsbooks.

What Factors Should I Consider When Reading Sportsbook Reviews?

At Sporting Post, each betting site is personally tested by our experts using real money. When choosing a regulated sports betting site, it can also help to compare certain categories. Each state makes its own rules, which means legality can change fast, and not all sportsbooks are licensed to operate everywhere. You can view our dedicated page for more information on how we test and review betting sites.

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In 2017, they became the first sportsbook to accept Ethereum and Litecoin for deposits and withdrawals, expanding their range of payment options. Alongside cryptocurrencies, users can deposit via traditional methods like MasterCard and Visa, and enjoy one free check withdrawal every 30 days. It’s also crucial to consider the legal status of sports betting, which varies across regions. In the United States, sports betting laws differ from state to state. For an up-to-date overview of state-specific regulations, check out the the Action Network’s comprehensive tracker. Similar legal nuances exist worldwide, so be sure to verify the legality of online sports betting in your location before using any of the platforms on our list.

These picks are based on our understanding of sports betting odds, the different bet types, and lots of line shopping. They are a great resource for seeing how expert sports bettors think about different wagers. Currently, Texas lacks legal sports betting following Lt. Gov. Dan Patrick’s decision to dismiss consideration of HB 1942 during the 2023 legislative session. This effectively quashed any prospects for sports betting legalization in the state in 2023. The next legislative session is scheduled for 2025, leaving uncertainty regarding the timeline for potential online sports betting in Texas. The first step to placing excellent bets is finding an excellent legal online betting site.

It also has a plethora of betting markets in all sorts of leagues and sports, especially the major ones like the NFL, NBA, and MLB. The best offshore sportsbooks for US players offer distinct advantages compared to locally-legal sportsbooks. Below is a comparison highlighting the differences between these two types of online sportsbooks. To place real money wagers at any of our top 10 online betting sites in this guide, you’ll need a valid payment method. Most major sportsbooks offer betting apps, but not all smaller operators do. Apps are essential for mobile betting convenience, so top brands like bet365, BetMGM, Caesars, and DraftKings invest heavily in mobile platforms.

Cities needed to have referenda before committing to brick-and-mortar locations, and four decided to go ahead. In-state college teams cannot be wagered on unless they are involved in a tournament. After the decision was made, the scoring system to decide on the licensed sportsbooks was made public, with financial stability, responsible gambling, and software all valued highly. Lobbyists and politicians have been battling over sports gambling for several years. A whole-hearted effort in 2023 did not make any meaningful progress, despite the backing of former Dallas Mavericks owner Mark Cuban. With a population of over 30 million and several well-supported sports teams, there is a massive upside for sports betting in the Lone Star State.

Thanks to the Western Canada Lottery Corporation’s (WCLC) Sport Select platform, single-game sports betting has found its footing in Nunavut. This shift marks a pivotal change in the territory’s wagering landscape. The Manitoba Liquor and Lotteries Corporation (MBLL) introduced legal single-event wagers on PlayNow.com on August 27, 2021. Subsequently, the WCLC’s Sport Select platform began offering retail single-game betting on November 1, 2021. The country has produced golfing legends like Mike Weir and Brooke Henderson.

Compare the best offers from the most trusted sportsbooks online in one place. E-wallets are widely accepted at U.S. betting sites, making deposits and withdrawals swift and secure. Futures bets are wagers placed on events that will be decided further down the road — anything from a few weeks to an entire season away. Sportsbooks such as BetNow and BetWhale often release these markets well in advance, with odds shaped by factors like past results, roster changes, and even media buzz. But with sports like soccer, where draws (ties) happen a lot, you’ll see options like 1-X-2, giving you three possible outcomes to choose from. If you don’t want to risk a draw, you can go with ‘draw no bet.’ It’s still a moneyline wager, but with a safety net.

Get expert picks, industry news, and the latest community updates delivered straight to your inbox. Bank wires are slower and come with fees, so they’re better suited for those rare big cashouts, not regular use. Traditional methods like Visa, Amex, and bank wire are also supported, but expect slower payouts (1–3 days). Plus, there are no deposit or withdrawal fees included, and the process is smooth without requiring any unnecessary verifications. A small operator from Sweden, Betsafe never had much of a chance in the highly competitive Colorado market. After 2 years, they pulled out of the US market after a brief sojourn.