Best Offshore Sportsbooks in October 2024

The best offshore sportsbooks offer competitive betting odds and dozens of markets. You can access them in most states through your phone and quickly deposit with credit cards or crypto.

Seems like an easy way to bet, but where do you start? In this guide we take a look at what the top offshore sportsbooks offer. And that includes some high-value bonuses worth $1,000 or even more.

$250 in Free Bets and 100 Free Spins Code: FREE250

$250 in Free Bets and 100 Free Spins Code: FREE250

  • Bet live on all major sports
  • Excellent tips and tutorials for bettors
  • Boosted odds available every day
9.9
5 Stars BetOnline
Play Now

Welcome Bonus of 125% up to $1,250

Welcome Bonus of 125% up to $1,250

  • Live streaming available for in-play betting
  • Speedy payouts without fees
  • 24/7 live chat customer support
9.8
5 Stars BetWhale
Play Now

50% Match Bonus up to $250 on Your First Deposit

50% Match Bonus up to $250 on Your First Deposit

  • Extensive and in depth offering for all markets - from e-sports to entertainment
  • Redeem points for cash through loyalty program
  • Sportsbook and racebook covers most major events on the calendar
9.8
5 Stars Bovada
Play Now

150% Welcome Bonus up to $225 CODE: BN150

150% Welcome Bonus up to $225 CODE: BN150

  • Weekly rebate on losses for all sports wagers
  • Well stocked on horse racing news, odds and tips
  • Extensive range of ongoing promotions
9.7
5 Stars BetNow
Play Now

100% up to $500 Sports Sign up Bonus CODE: WELCOME500

100% up to $500 Sports Sign up Bonus CODE: WELCOME500

  • Special promos every week including free bets and more
  • Exclusive halftime betting options for most events
  • Niche betting markets including politics and stocks
Everygame
Play Now

New Sportsbook with Top Football Live Betting Action

New Sportsbook with Top Football Live Betting Action

  • Easily accessed in-play betting
  • Top coverage for football markets
  • Good for finding futures markets in several sports
9.7
5 Stars Coinpoker Sports
Play Now

200% Welcome Bonus up to 10 ETH

200% Welcome Bonus up to 10 ETH

  • World’s first licensed telegram sportsbook – fully anonymous
  • Generous 10 ETH bonus and high roller NFTs
  • Trusted by Web3 influencers and powered by $TGC token
9.6
5 Stars TG.Casino
Play Now

125% Sign-Up Bonus up to $2,000 on Sport BONUS CODE: JOIN125

125% Sign-Up Bonus up to $2,000 on Sport BONUS CODE: JOIN125

  • Features BetUS TV with experts tips and picks
  • Receive your earnings quickly, often within 24 hours
  • Same day withdrawal service for fast payouts
9.6
5 Stars BetUS
Play Now

100% up to $1,000 + $10 Casino Chip

100% up to $1,000 + $10 Casino Chip

  • Expert views and predictions in the news section
  • Early cashout option available on most bets
  • Reload bonuses available for all deposits
9.5
5 Stars MyBookie
Play Now

100% Welcome Bonus up to $500 x 2

100% Welcome Bonus up to $500 x 2

  • Handy multi-view feature for live betting
  • Best sportsbook for sharp odds on props
  • Weekly betting competitions and pick'em contests
9.4
5 Stars SportsBetting.ag
Play Now

100% Welcome Bonus up to $2,500 CODE: SPORTS100FP

100% Welcome Bonus up to $2,500 CODE: SPORTS100FP

  • All crypto payouts are processed within 24 hours
  • Early cash out option available on most wagers
  • Covers all US and international racing
9.4
5 Stars BUSR
Play Now

200% welcome bonus up to $25,000

200% welcome bonus up to $25,000

  • High max bets and instant withdrawals with no limits
  • VIP welcome bonus and loyalty points system
  • Deposit with 20+ cryptos and Wallet Connect
9.2
5 Stars Lucky Block
Play Now

200% Deposit Bonus up to $25,000 + 10 Free Bets

200% Deposit Bonus up to $25,000 + 10 Free Bets

  • Live and in-play betting on thousands of games, from football to e-sports
  • Up to 25% weekly cashback
  • Deposit with Pepe, Dogecoin, Shiba Inu & Bonk meme coins
9.1
5 Stars WSM Sports
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Top 10 Offshore Betting Sites Compared

We’ve put in the hard yards to find the best offshore sportsbooks for US players. Check out how these betting sites compare and which one suits you best.

BrandNo. of SportseSportsPolitics BettingLive StreamingPayout Speed
BetOnline25+0-24 hours
BetWhale15+24-72 hours
Bovada30+24-48 hours
BetNow10+24-72 hours
Everygame20+24-72 hours
CoinPoker20+0-12 hours
TG.Casino45+0-12 hours
BetUS30+24-48 hours
MyBookie20+24-72 hours
Sportsbetting.ag25+0-24 hours

3 of the Best Offshore Sportsbooks in the US Reviewed

While we recommend any of the top offshore sportsbooks listed above, let’s take a closer look at three of our favorites. See the highs and lows of BetOnline, BetWhale, and TG.Casino based on our research and betting experiences with each.

1. BetOnline – The Best All-Around Offshore Sportsbook in the US

🚀 Founded: 2004

📃 License: Panama Gaming Commission

💵 Fiat Deposit methods: Visa, MasterCard, American Express, Discover, Person2Person, Money Orders, Bank Wire Transfer, Cashiers Check

💵 Crypto Deposit methods: BTC, BHC, ADA, DOGE, ETH, LTC, MATIC, SHIB, SOL, TRX, USDT, USDC, XRP, XLM

⏱Deposit speed: Instant

💰 Fiat Withdrawal Methods: Person2Person, Bank Wire Transfer, Money Orders, Cashiers Check

💰 Crypto Withdrawal Methods: BTC, BHC, ADA, DOGE, ETH, LTC, MATIC, SHIB, SOL, TRX, USDT, USDC, XRP, XLM

⏱ Withdrawal Timeframe: Instant – 2 days

💬 Live Chat: 24/7

📞 Telephone: +1-888-426-3661

📧 Email: [email protected]

best offshore sportsbooks

  • Odds: One of BetOnline’s greatest strengths is releasing odds earlier than most competitors. It follows up this unique advantage with competitive odds in most markets, particularly the NFL, NBA, NHL, and soccer.
  • Sports coverage: This offshore bookmaker covers more than 25 sports, such as Aussie rules, baseball, basketball, football, hockey, horse racing, and tennis. It’s even got entertainment, political, and financial markets.
  • Features: BetOnline has plenty of features including a props builder, live betting, and contests. We’re especially impressed by the Mega Parlays, which provide a chance to win enormous payouts (e.g., +12,000).
  • Promotions: For all its benefits, BetOnline might shine the most in the promos department. It currently boasts over a dozen promotions, which is more than any other top offshore sportsbook. Examples of these offers include cash races, risk-free bets, odds boosts, reduced juice, and MLB dime lines.
  • Banking: Like most US-friendly international sports betting sites, BetOnline accepts cryptocurrencies and credit cards. It goes further, though, by offering bank wire and MoneyGram—the latter being pretty rare in this industry.
  • Site Design: The desktop site feels cluttered at times, but nothing we didn’t quickly overcome. The mobile version has a cleaner design since it hides some options in an expanding menu.

Pros

  • Over a dozen promotions
  • Releases the earliest odds
  • Variety of banking methods including Moneygram
  • Unique features like Mega Parlays
  • Good coverage of esports & politics

Cons

  • High fees on credit cards
  • Desktop site feels busy

Our Verdict

BetOnline tops our list of the best offshore sportsbooks for the all-around sports betting experience it offers. It has more promos than other elite offshore betting sites, provides early lines, has great features, and offers plenty of banking methods. This bookmaker also has a long history of success over two decades and boasts one of the better customer service departments.

We’d like to see BetOnline reduce or eliminate its credit card fees, which are almost 10%. This minor drawback aside, you won’t find a better offshore sportsbook.

  • Bet live on all major sports
  • Excellent tips and tutorials for bettors
  • Boosted odds available every day
9.9
5 Stars

2. Bovada – Best Offshore Sportsbook for Live Bets

🚀 Founded: 2011

📃 License: Anjouan

💵 Fiat Deposit methods: Visa, MasterCard, American Express

💵 Crypto Deposit methods: BTC, BCH, BSV, ETH, LTC, USDT

⏱Deposit speed: Instant

💰 Fiat Withdrawal Methods: Bank Wire Transfer, Check by Courier, Vouchers

💰 Crypto Withdrawal Methods: BTC, BCH, BSV, ETH, LTC, USDT

⏱ Withdrawal Timeframe: Instant – 2 days

💬 Live Chat: 24/7

📧 Email: [email protected]

Best offshore sportsbooks

 

  • Odds: For most sports, the odds are pretty competitive. MLB games, for instance, pay around 96.5%. NFL games aren’t far behind at a little under 96%, while Premier League soccer fixtures come in at roughly 94%.
  • Sports coverage: Bovada is one of the most in-depth offshore sportsbooks with over 30 sports on offer. The live betting console is always full of games, plus there’s a comprehensive esports offering and a racebook.
  • Features: One nice touch is the ability to request special bets from the trading team. It’s also good to see prop builder and early cashout features. In truth, though, there’s nothing especially revolutionary at Bovada.
  • Promotions: The standard welcome bonus is good value bit not amazing. However, you can get a much better deal just by using crypto. On top of that, the Bovada Rewards program is pretty good, plus the site offers selected parlay boosts.
  • Banking: There are only nine payment methods, including traditional options like Visa and Mastercard. Withdrawals take up to 48 hours to complete, but it’s possible to use cryptocurrencies like BTC to facilitate near instant payouts.
  • Site Design: The light color scheme feels crisp and uncluttered. A simple, mobile-first design makes it easy to navigate, even on a desktop. The site features one of the better betslips around, and the search facility works well.

Pros

  • More sports offered than most
  • Competitive odds on most sports
  • Excellent live betting console
  • Clean and intuitive site design

Cons

  • Slow to post certain lines
  • Fees apply to some deposit methods

Our Verdict

Next up is Bovada, which offers more sports than many other leading sites. We’d like to see them put their lines up a little quicker – except for soccer, where the site is usually among the first. That said, the odds are pretty good, running BetOnline close in most sports.

Bovada has been around since 2011 and has a solid reputation. It’s also one of several Nevada online sports betting sites that offers cryptocurrency withdrawals in under 24 hours.

  • Extensive and in depth offering for all markets - from e-sports to entertainment
  • Redeem points for cash through loyalty program
  • Sportsbook and racebook covers most major events on the calendar
9.8
5 Stars

3. TG.Casino – Best Offshore Sportsbook for Crypto Sports Betting

🚀 Founded: 2023

📃 License: Curaçao

💵 Fiat Deposit methods: N/A

💵 Crypto Deposit methods: ADA, BTC, BHC, BNB, BUSD, BONK, DOGE, ETH, FLOK, LTC, MATIC, PEPE, SHIB, SOL, TAMA, TGC, TRX, USDT, XRP

⏱Deposit speed: Instant

💰 Fiat Withdrawal Methods: N/A

💰 Crypto Withdrawal Methods: ADA, BTC, BHC, BNB, BUSD, BONK, DOGE, ETH, FLOK, LTC, MATIC, PEPE, SHIB, SOL, TAMA, TGC, TRX, USDT, XRP

⏱ Withdrawal Timeframe: Instant – 2 days

💬 Live Chat: 24/7

📧 Email: [email protected]

 

  • Odds: The TG.Casino odds are competitive and stand up well against most offshore betting sites. The best value can be found in its markets for soccer, NFL, and NBA games.
  • Sports coverage: TG.Casino covers 40+ sports including everything from major sports like the NFL and European soccer through to niche sports like lacrosse or even chess. Its live wagering section is massive, fielding thousands of bets every day. In fact, we reckon TG.Casino is one of the best offshore sportsbooks for live betting.
  • Features: This offshore betting site also has a rarely-seen Telegram-based betting platform. Other features include a Telegram community, native crypto token ($TGC), and an AC Milan partnership deal that sees unique promos for the team.
  • Promotions: The most notable TG.Casino sports promotions are the tournaments, such as a $125,000 soccer tourney. This operator also offers parlay boosts and, as we already mentioned, those promos revolving around AC Milan.
  • Banking: You’d better like crypto when wagering here because it’s the only banking category. There’s support for more than 20 cryptocurrencies with super quick cashouts available through all. You can also use an onsite service to buy crypto using a credit card.
  • Site Design: The TG.Casino homepage has a lot going on with its banners, offshore sportsbook link, and featured casino games. Navigation was smooth sailing once we got off the homepage.

Pros

  • Thousands of live bets daily
  • Telegram platform available
  • 20+ crypto banking options
  • Large betting tournament prize pools
  • Nice variety of esports markets

Cons

  • No sportsbook bonus
  • Limited promotions

Our Verdict

TG.Casino launched in 2023 under the banner of being the world’s first Telegram gambling site. It has since become known for more than just this thanks to a stellar live betting section, large tournaments, and all-crypto banking.

The welcome bonus worth up is massive—but unfortunately, it’s only for the casino. But even so, we still think that the ability to cash out fast and that incredible sports coverage makes this one of the top overseas sportsbooks in the business.

  • World’s first licensed telegram sportsbook – fully anonymous
  • Generous 10 ETH bonus and high roller NFTs
  • Trusted by Web3 influencers and powered by $TGC token
9.6
5 Stars

What are Offshore Sportsbooks

Offshore sports betting sites operate outside of the states and countries they serve. They’re regulated by gaming authorities in jurisdictions like Panama and Costa Rica, which license offshore sports betting sites for international markets including both the United States and Canada.

Some people wrongly call offshore sportsbooks unregulated, when, in fact, all the best offshore betting sites hold licensing in one or more jurisdictions.

For example, Gaming Control Anjouan (Comoros Union) is emerging as a popular licensing destination for offshore operators. Sportsbooks in Anjouan or the likes of Curacao and Panama are fully regulated and must operate according to the licensing jurisdiction’s rules and laws.

Are Offshore Sportsbooks Legal?

In 2018, the Professional and Amateur Sports Protection Act of 1992 (PASPA) was overturned. This effectively removed the federal ban on sports betting or offshore sports betting.

But yes, individual states can make their own regulations on offshore sports betting. This is why you’ll see overseas sportsbooks restrict certain states. New Jersey, Michigan, and Washington are common examples of excluded states in the offshore betting industry.

Fortunately, as a bettor, you don’t need to worry about this at all. No state has ever targeted a gambler for wagering at an offshore sportsbook.

Tips for Picking an Offshore Sportsbook

You’ve seen our recommendations on the best offshore sportsbooks for US players—but how do you find your own picks? The following tips will help when you’re doing research.

Make Sure that your Favorite Markets are Covered

If you love baseball, for example, you’ll want to make sure that it’s covered. Are there lots of props, live wagers, and run lines available? Ask yourself questions like these before signing up.

Look for Fair Bonus Terms and Conditions

A large range of sportsbook promos is great, but what about the terms and your chances of actually winning bonus funds? The wagering requirement (rollover) is how much you need to bet before cashing out the bonus so this needs to be an achievable figure.

For example a rollover of 20x on bonus funds of $10 means you need to bet 20 x $10 ($200) before you can cash out your bonus funds.

Test Customer Support

This step might seem tedious and maybe even a little obvious, but it’s worth doing in case you ever hit a snag with payouts. Hit the live chat button, ask the customer rep a basic question (e.g., are there deposit fees?). Make sure you’re happy with their response time, friendliness, and their ability to answer the question.

Browse the Site

Don’t let a big bonus or the promise of favorable odds convince you to sign up blindly. Spend time using an offshore sportsbook and make sure that it’s user-friendly with easy access to all features.

Check the Withdrawal Options

Picking a deposit method at a new offshore sportsbook is simple because you need to fund your account anyways. But have you found the right withdrawal option? Believe it or not, some deposit methods like card payments are always available for cashouts.

Check Customer Reviews

This tip is obvious, but we want to stress it anyway. Research an operator’s past and ensure they deliver timely payments, have good customer support, or don’t demand a ridiculous number of documents during account verification.

Bonuses at Offshore Sportsbooks

All of the best online sportsbooks do a great job at providing bonuses and promotions. Here’s a quick look at what to expect.

  • Welcome bonus – A sign-up bonus welcomes you to a new sportsbook. It’s often the biggest offer at an offshore betting siters and can be worth up to $1,000 or more.
  • Match bonus – Your deposit is a matched by a percentage up to a maximum amount. For example a 100% match up to $50 would see you get an extra $50 for making a deposit of $50.
  • Free bet – You place a free wager and collect winnings minus the free bet amount when successful. For example, a $10 wager at -110 odds would see a $19.09 return but you only collect the $9.09 profit.
  • Risk-free bet – You get the stake back if you lose one of these bets. The catch is that the stake is refunded in site credit so you can bet again but must hit any rollover requirement before cashing out.
  • Reduced Juice – The sportsbook lowers its commission (also know as vig) on a bet. This would mean that -110 odds could become -105 meaning that you get a higher payout.
  • Profit boost – An offshore sportsbook boosts the odds on a certain event.  So +150 odds could become +200. This would see a $10 bet’s profits jump from $15 to $20 – a pretty good deal.
  • Contests – These promos can vary, but they usually involve trying to make more correct sports predictions than anyone else in the contest. If you get the most predictions right, you take home a grand prize or share a prize pool.
  • Parlay insurance – You get your bet back if a parlay loses by one leg. The parlay usually needs to include 4+ legs at certain minimum odds such as -150 or greater.

Offshore Betting Bonus Terms and Conditions

Every sports betting bonus comes with terms and conditions. It’s important that you understand these terms and don’t break any rules—otherwise, you could lose your winnings.

Here are key terms to look for when pursuing offshore sportsbook bonuses.

  • Rollover – Bonuses require wagering a multiple of the bonus or bonus plus deposit before cashing out. For example, for a 10x rollover on a $10 bonus, you’d need to wagering $100 before cashing out.
  • Time limit – You may only have so long to meet wagering requirements. This could be anywhere from 24 hours up to 30 days or more.
  • Minimum odds – You must keep bets above designated minimum odds (e.g., -200 or greater) when meeting your rollover requirement or using the bonus.
  • Deposit method – Some offshore sportsbook bonuses are only for crypto or credit card deposits—not both.
  • Bet type – Many offers are available for all bet types, while others may be restricted to a certain wager (e.g., parlays).
  • Promo code – You might need to use a bonus code to qualify for some promotions.

Bet Types at Offshore Sportsbooks

With the average offshore sportsbook offering 7-8 types of wagers, you’re bound to find some bets that interest you. Let’s take a look at common bet types and go over some examples of each.

Moneyline

A moneyline is the backbone of sports betting, forming the basis of many wagers. It seems simple because you merely need to pick the winning outcome. The twist is that each side has different odds and payout potential. Here’s an example:

  • Chicago Bears +200 (you wager $100 for every $200 in potential winnings on the underdog Bears)
  • Minnesota Vikings -250 (you risk $250 for every $100 in possible profits on the favored Vikings).

Point Spread

This bet takes points from the favorite and gives them to the underdog. You decide which side will cover its respective spread, like in the following example:

  • New York Knicks +5.5 (-110)
  • Boston Celtics -5.5 (-110)

The Celtics are favored and must win by six points or more to cover their spread. New York can lose by five points or less and still deliver a winner. The payout for either side is $100 for every $110 risked.

Totals

You wager on whether two teams will go above or under the given point total, as seen in this example:

  • Atlanta Falcons o45.5 (-100)
  • New Orleans Saints u45.5 (-110)

An over bet requires the Falcons and Saints to combine for 46 points or more. Taking the under banks on these teams scoring 45 or fewer points.

Player & Team Props

A prop bet involves outcomes besides which team wins or loses the game. It comes in two forms, including a player or team prop. Here are examples of each:

  • Will Shohei Ohtani hit a home run?
  • Which team will score the first touchdown?
  • Will Steph Curry make seven three-pointers?
  • Will either team rush for over 200 yards?

Parlays & Same Game Parlays

A parlay requires you to put two or more outcomes on a single wager. You must pick every outcome successfully or lose the bet.

The reward for this risk is potentially winning larger payouts than with single bets. For example, a 3-leg parlay with -110 odds on all outcomes would pay $596 for every $100 wagered.

Same game parlays (SPGs) work in the same way. The difference is that all your selections must come from the same match.

Futures

Do you have a prediction on which team will win the Super Bowl? Or maybe the Stanley Cup winner? Futures let you make these predictions by choosing one team out of the field. Check out typical odds for a futures market to see just how much the odds can vary.

College Football Playoff Winner

  • Georgia +330
  • Ohio State +345
  • Texas +490
  • Oregon +750
  • Alabama +1000
  • Tennessee +1200
  • Miami +1200
  • Ole Miss +1700

Live Betting

Live wagering offers you betting opportunities after a game starts. You can use in-match observations to predict where the momentum is going and make bets based on in-game stats or just your gut feeling.

Examples of live bets include updated odds on the game winner, the next team to score a touchdown, or the next team to hit a homer.

Offshore Sports Betting Tips

We can’t instantly transform you into a winning bettor, but we can give you a few tips about wagering with offshore sportsbooks that may just improve your chances.

Find your Bet Type

Offshore betting sites feature plenty of wager types, but you don’t need to worry about them all. Specialize in 2-3 bets so you master them rather than jumping all around.

Learn to Use Crypto

Nobody wants to give winnings back to the sportsbook through withdrawal fees on checks and bank wires. If you don’t know how to use crypto, learn so you can cash out and avoid paying extra charges.

Look for Reduced Juice & Profit Boosts

The best offshore sportsbooks are really good about offering boosts and reduced juice. Pay attention to these opportunities and get more value from your bets.

Don’t Fall in Love with Arbing

Arbing is when you place bets on all possible outcomes of an event. Software programs and apps can help you spot arbitrage opportunities and make guaranteed profits.  But offshore bookmakers are really good at catching repeated arb patterns and will limit or ban you.

Join Multiple Top Offshore Sportsbooks

You can shop for odds and take advantage of multiple welcome bonuses by signing up with several of the best offshore sportsbooks.

Sports to Bet on at Offshore Betting Sites

The best offshore sportsbooks tend to focus on US bettors, dedicating many lines to American favorites like the NFL, NBA, and MLB.

Of course, these are still international sports betting sites that serve other countries. So let’s look at popular US major leagues and international sports found at the best offshore betting sites.

  • Baseball – With its 162-game schedule, the MLB offers more betting opportunities than any other league.
  • Basketball – The NBA and college basketball are always big draws. Bettors especially get fanatical during March Madness, where the top 68 college teams vie for the Naismith Trophy.
  • Esports – Esports have emerged as popular markets in the US and abroad. Some notable games in this category include Dota 2, League of Legends (LoL), Rocket League, and Valorant.
  • Football – The NFL is easily the most profitable market for offshore sportsbooks. College football is also highly popular, especially during conference championships and the CFP.
  • Golf – PGA Tour grand slams like the British Open and US Open attract plenty of wagers.
  • Hockey – Hockey serves as a nice compliment to basketball during the winter and spring.
  • Soccer – The world’s most popular sport gets plenty of love at offshore sportsbooks, with the MLS, Premier League, and Spanish LaLiga drawing action.
  • Tennis – Much like golf, tennis grand slams (e.g., Wimbledon, French Open) are significant betting events.

Banking Methods at Offshore Sportsbooks

best offshore sportsbooks

The best offshore betting sites offer different banking options—some good and some not so good. Here are common banking methods at offshore bookmakers and our thoughts on each:

Bank Wire

Commonly available as a withdrawal method, bank wire sends funds from a sportsbook’s bank account to yours (or vice versa for deposits). The problem with wires is that they’re slow (5-15 days) and often come with $35 fees or higher.

Credit/debit Cards

Credit cards are highly popular ways to make deposits. They provide instant funding and are easy to use. Drawbacks include potential fees (depending on the sportsbook) and a high rejection rate by issuing banks.

Cryptocurrencies

Crypto, like Bitcoin, Dogecoin, and Ethereum, works for deposits and withdrawals at sportsbooks. It operates through blockchain tech, which cuts out banks and lets you interact directly with bookmakers—meaning no chance of rejected deposits.

eWallets

Some offshore sports betting sites accept eWallet deposits via services like Neteller and PayPal. The catch, though, is that only non-US bettors can use them.

Best Offshore Betting Method for Payouts

We recommend cryptocurrency as the best way to withdraw funds from offshore betting sites. Most offshore sportsbooks don’t charge fees on crypto payments like they do with bank wires.

It ‘s worth pointing out too that the fastest payout sportsbooks all list crypto methods are their quickest withdrawal options.

Taxes for Offshore Sports Betting

Offshore betting sites don’t report winnings to the IRS or international tax agencies. This means you won’t be getting a W-2G after a successful year.

Federal laws still require you to pay taxes on gambling wins—even if they come through offshore betting. But your state may or may not tax sports wagering profits. We suggest looking into your jurisdiction’s tax laws on sports betting and possibly speaking to an accountant.

Offshore Sportsbooks vs. State-Licensed

Betting sites that serve Americans fall into two main categories: offshore sports betting sites and state-licensed sportsbooks.

Offshore means it’s regulated by an international gaming authority and available in most states.

State-licensed simply means it’s regulated by state authorities and available in a specific state.

Offshore Betting Sites

Pros

  • Available in most states
  • Huge welcome bonuses
  • Many promos for existing bettors
  • Accept crypto, among other banking methods
  • Competitive odds with many sports
  • Offer lines on politics and award shows
  • Esports betting is common

Cons

  • No mainstream advertising
  • Regulators located offshore
  • Some bookmakers don’t have responsible gambling tools

State-Licensed Sportsbooks

Pros

  • Backed by well-known brands
  • Mainstream advertising
  • Unique promos involving sports teams
  • eWallets like PayPal & Skrill available

Cons

  • No crypto deposits in most states
  • Smaller welcome bonuses
  • Confine bettors within state boundaries
  • Report winnings to the IRS
  • No politics betting
  • Some states don’t allow esports betting

Best Offshore Sportsbooks Recap

The offshore betting industry features plenty of worthy bookmakers that are licensed, safe, and reputable. We had a hard time whittling down the candidates to the best offshore betting sites—but we did it. BetOnline is our top pick, while BetWhale, TG.Casino, BetNow, Bovada, and BetUS are among our favorites.

You can take our advice or do your own research. Just remember that if you’re doing your own homework, focus on reputation, fair bonus terms, website usability, data collection, markets, and banking methods.

It’s all plain sailing once you find a good offshore betting site. You’ll get great service, regular promos, reasonable bonus terms, and plenty of bet types at top offshore sportsbooks. Most importantly, you’ll get the best odds in the industry – after all, that’s what it’s all about, right?

Offshore Sportsbooks FAQs

Are offshore sportsbooks legal?

Who regulates offshore sportsbooks?

Is offshore sports betting legal?

Which offshore sportsbooks accept US bettors?

What is the best offshore sportsbook?

References

https://www.supremecourt.gov/opinions/17pdf/16-476_dbfi.pdf