If you’re looking for an online sportsbook, you’ve probably been wondering about the legalities of sports betting. Many offshore sportsbooks operate online, accept U.S. residents, and even offer bonus money and parlays. But what are these offshore sportsbooks and how do you find the best one? Below you’ll find some important tips. Enjoy! Here’s a quick guide to off-shore sportsbooks:
Offshore sportsbooks operate online
Offshore sportsbooks offer more than just US-based sports. Unlike US-based sportsbooks, offshore betting sites offer bets on international leagues and events. Additionally, these sites operate in a global market, where competition for players drives down vig and limits. Offshore sportsbooks have a significant advantage over their US counterparts: a huge range of markets and lower prices. For example, Bovada allows bets on 22 different sports markets, compared to just three in the US.
They offer bonuses
There are several reasons to bet at an online sportsbook, and one of the most important is the bonus program. The welcome bonus program adds money to your first deposit, which can range from fifty to hundred percent. You can also find sportsbooks that encourage cryptocurrency deposits. These sportsbooks often offer a 100% deposit bonus, which you can use only once. The other type of sportsbook bonus is called a reload bonus. These are meant for existing members of the sportsbook.
They offer futures bets
If you’re into betting on a particular team, event, or team player, chances are you’ve come across a Sportsbook that offers futures bets. These wagers focus on a large number of games in a long period of time and are often more accurate than regular bets. The longer-term nature of futures bets also allows sportsbooks to offer higher payouts.