Friday, May 17, 2024

Best Offshore Sportsbooks in 2024

With the best offshore sportsbooks legally available in almost every state, betting on sports has never been easier. Better yet, offshore sportsbooks provide early betting lines and the most competitive odds.

Sounds good so far, but let’s see what else these sites have to offer. And yes, there will be bonuses.

Best Offshore Sportsbooks

Top 10 Offshore Sportsbooks Compared

The best offshore sportsbooks have a lot in common, but that doesn’t mean they’re all the same. Check out the table below to see the different features at the top 10 offshore sportsbooks in the US.

Sportsbook Best For Live Streaming Accepts Crypto No. of Sports
BetOnline All-round betting experience 25+
BetWhale Streaming major sports 25+
Bovada Live betting markets 15+
Everygame Regular promos 20+
TG.Casino Crypto sports betting 30+
BetUS Picks and predictions 20+
MyBookie Prop bets 20+
BetNow Different bet types 10+
Jazz Sports Live streaming 15+
BUSR Niche betting markets 25+

5 of the Best Offshore Sportsbooks Reviewed

You’ve seen a snapshot of our take on the best offshore betting sites. Now let’s take a deeper dive into why these bookmakers are top of the pile with our offshore betting reviews.

1. BetOnline Sportsbook – The Best All-Round Offshore Sportsbook

  • Payout time: 0-2 days
  • Established: 2004
  • License: Panama Gaming Authority
  • Headquarters: Panama City, Panama
  • Restricted states: NJ

Our Verdict 9.6/10

BetOnline heads our list of top offshore online sportsbooks for several reasons. First off, it offers more markets than nearly all other offshore betting sites. It also goes well beyond the basics to cover niches like darts, handball, snooker, financials, and politics.

BetOnline has been around for a long time and has built a reputation for providing early betting lines and super competitive odds.

While we would like to see live streaming, the live betting lines are second to none. As far as banking options go, you’re well covered with card and cryptocurrencies support. The only drawback here is the credit card fees which are quite high.

Features Overview

  • Betting Options: 10/10
  • Betting Odds: 9/10
  • Promotions & Rewards: 10/10
  • User Experience: 10/10
  • Payment Methods: 9/10
  • Customer Support: 9/10

Pros

  • Over 20 markets available
  • Covers financials, lottery & politics
  • Multiple welcome bonus options
  • Features several promotions
  • Operating successfully since 2004

Cons

  • No live streaming
  • 9.75% charges on Visa & Mastercard deposits

2. Bovada Sportsbook – The Leader in Live Betting Markets

  • Payout time: 0-2 days
  • Established: 2011
  • License: Curacao
  • Headquarters: Costa Rica
  • Restricted states: DE, MD, NV, NJ, NY

Our Verdict 9.4/10

When it comes to the best offshore sportsbooks, Bovada is perhaps the most recognizable brand. It’s a massively popular sportsbook with competitive odds and top coverage of sports including niche markets.

Bovada has the best live betting lines in the industry with all odds and scores updated in real-time and a massive range of markets for each event.

Bovada’s prop builder is another highlight that makes bet suggestion for your bet slip. There are very few ongoing promos, but there’s a great loyalty program that makes up for this. There’s a good range of banking options and a boosted welcome pack for signing up with crypto.

Features Overview

  • Betting Options: 10/10
  • Betting Odds: 9/10
  • Promotions & Rewards: 7/10
  • User Experience: 10/10
  • Payment Methods: 7/10
  • Customer Support: 10/10

Pros

  • Over 25 markets available
  • Helpful Props Builder tool
  • Good loyalty program
  • Nice desktop & mobile experience
  • Highly trusted operator

Cons

  • Credit card fees up to 15.9%
  • Not many promotions

3. BetWhale Sportsbook – Best for Live Streaming

  • Payout time: 0-3 days
  • Established: 2023
  • License: Curaçao eGaming
  • Headquarters: Curaçao
  • Restricted states: None

Our Verdict 9.1/10

BetWhale is one of the new kids on the block and offers big rewards for crypto users. In fact, there’s an unlimited crypto welcome bonus which is pretty amazing.

One of the standout features at this offshore sportsbook is the live betting and live streaming features that work together seamlessly. You won’t get stream of all sports but there’s certainly enough to keep you going.

As for payments, we;;, it stands to reason that there’s lots of support for crypto but you can also make card payments. Payouts here are super fast and can be processed in as little as a few minutes when using crypto.

Features Overview

  • Betting Options: 10/10
  • Betting Odds: 9/10
  • Promotions & Rewards: 10/10
  • User Experience: 9/10
  • Payment Methods: 10/10
  • Customer Support: 10/10

Pros

  • Available in all 50 states
  • Constant promotions, including 50% Daily Boosts
  • Generous bonuses, especially for crypto users
  • Instant withdrawals
  • Simple registration process

Cons

  • No loyalty program

4. Everygame Sportsbook – Lots of Ongoing Promos

  • Payout time: 1-2 days
  • Established: 1996 (as Intertops)
  • License: Curacao
  • Headquarters: Antigua
  • Restricted states: KY, LA, MD, MO, NJ, NY, WA

Our Verdict 9/10

Everygame took its first bet in 1996 as Intertops. It’s one of the longest-running offshore sportsbooks in the world. And in that time this bookie has perfected its sports betting platform in every way imaginable.

Everygame runs some great ongoing promos such as the weekly draws where you can pick up some free bets. These draws are for anyone that makes in-play parlay wagers.

The selection of prop bets could improve while we’d also like to see live streaming. But the range of futures and other bets makes this a minor flaw in an otherwise perfect sportsbook.

Features Overview

  • Betting Options: 8/10
  • Betting Odds: 8/10
  • Promotions & Rewards: 10/10
  • User Experience: 9/10
  • Payment Methods: 10/10
  • Customer Support: 10/10

Pros

  • Low wagering requirements on bonus
  • Great sports coverage
  • Lots of futures markets
  • No fees on credit card deposits

Cons

  • Needs more prop bets
  • No loyalty program

5. TG.Casino Sportsbook – Best Crypto Offshore Sportsbook

  • Payout time: Instant – 2 days
  • Established: 2023
  • License: Curacao
  • Headquarters: Curacao
  • Restricted states: None

Our Verdict 8.9/10

TG.Casino Sportsbook is unique among the best offshore sportsbooks for its long list of sports betting markets. For an offshore betting site that started out as a casino, this is one seriously impressive site.

One of the unique features of TG.Casino is the markets if offers on esports leagues and tournaments. You’ll struggle to find another sportsbook that covers the likes of Rocket League and Call of Duty.

On the banking side of things, this is a crypto offshore sportsbook, but you can buy crypto through the site using your card. There’s even a native coin $TGC that you can invest in and use to when betting.

Features Overview

  • Betting Options: 10/10
  • Betting Odds: 9/10
  • Promotions & Rewards: 3/10
  • User Experience: 8/10
  • Payment Methods: 7/10
  • Customer Support: 10/10

Pros

  • Most markets among top offshore sportsbooks
  • Really fast withdrawals
  • Section for esports betting
  • Good for crypto users

Cons

  • No sportsbook welcome bonus

Bonuses Available at Offshore Sports Betting Sites

One of the best things about offshore online sports betting sites is that you get access to the  best sportsbook bonuses in the industry. In fact, these offers are usually much higher in value that any you’ll find at state-licensed sportsbooks.

Here are a few of the most common bonuses to look out for.

Welcome Bonuses

If you sign up for a new account you’ll get a nice big welcome bonus. This is usually a deposit match bonus but may also include a free bet or bonus bet. These bonuses can only be used once when you sign up and are often high in value.

Deposit Match Bonuses

This bonus matches your deposit by a certain percentage up to a max amount like 100% up to $500. It’s a very simple bonus that just rewards you for putting more money in your account.

No Deposit Bonuses

This is like the triple-double of sports betting bonuses in that it’s super rare. The no deposit bonus gives you free credit to use at the offshore sportsbook. It’s usually low in value, but hey, it’s free.

Bonus Bets

These are free wagers that are sometimes part of a welcome package or thrown in with deposit match bonuses. Any winnings from a bonus bet are yours to keep minus the stake. So a $25 bonus bet that returns $75 will see you pocket $50.

Ongoing Promotions

These are offers that are available to you as a regular customer. They can be bonuses for making deposits, bonus bets, special bets on certain events or parlay offers. One of the most popular ongoing promos is the odds boosts… which brings us to our next bonus.

Odds Boosts

This offer will enhance or ‘boost’ the odds for a particular wager which means more potential profits for you. These are almost always offered on a specific event or wager type for an event or sport.

Parlay Insurance

A parlay bet is made up of legs and this promos insures your overall wager if you lose by one leg. You won’t get your winnings, but you will get your stake or part of your stake back.

Loyalty Bonuses

These are offers that are only available through a sportsbook loyalty program. These can be any of the bonuses listed above or even real world prizes like tickets to a game.

Payment Methods

Available payment methods at top offshore sportsbooks generally fall into two main categories: crypto and traditional. Below, you can read more on these banking options and find out if there are any offshore sportsbooks that accept PayPal.

Cryptocurrencies

Crypto like Bitcoin, Ethereum, and Litecoin allow for fast deposits and withdrawals with no fees (outside of small mining charges). You also don’t have to worry about dealing with third parties like banks or credit card companies.

Traditional Payment Methods

Credit cards and debit cards are easy to use, but they may come with fees and aren’t available for withdrawals. Some sportsbooks let you use bank wire, but you’re potentially looking at high fees here too.

eWallets

At the time of writing, there are no offshore sportsbooks that accept PayPal, or other popular eWallets like Neteller and Skrill. This is unfortunate on one hand because eWallets deliver fast withdrawals. But on the other hand, they charge up to 3% fees on sportsbook cashouts.

Types of Bets at Offshore Sportsbooks

The best offshore sports betting sites feature a wide range of bet types. Here’s what to expect regarding different kinds of wagers:

  • Moneyline: A simple bet on the game winner, but the favorite and underdog have different odds.
  • Point Spread: You wager on if the favorite or underdog will cover their respective spread.
  • Totals: Betting on whether two teams will combine to score more or less than the totals line.
  • Player Props: A wager on an individual player’s statistical performance (e.g., Steph Curry to score 30+ points: yes/no).
  • Team Props: A bet on a team that doesn’t revolve around them winning or losing (e.g., Bills to score 4+ touchdowns: yes/no).
  • Parlays: Includes two or more outcomes, and all outcomes must win for a successful wager.
  • Same Game Parlays: Same as above, except all outcomes come from the same game rather than different matches.
  • Live Betting: Provides new bets in the middle of games, as opposed to pre-game moneylines, spreads, totals, etc.
  • Futures: Wagers that usually take weeks or months to settle (e.g., Who will win the championship?).

Popular Sports at the Best Offshore Sportsbooks

Most of the top offshore betting sites feature 20 sports or more. That means you’ll have no shortage of markets to wager on at these sportsbooks.

Here are some of the most popular sports that boast the most markets at US offshore sportsbooks.

NFL

The NFL is the premier US sport in terms of fanfare and betting. Sportsbooks go crazy every fall with many NFL prop bets, live wagering options, spreads, and moneylines. Just about any offshore sportsbook will have an impressive selection.

But if you’re looking for the absolute best NFL sportsbook, then you should head to BetOnline. This bookmaker covers pro football better than any other.

NBA

The NBA offers many wagering opportunities thanks to its 82-game season and lengthy postseason. Totals bets and player props are especially popular due to the NBA’s high-scoring nature. It’s always fun wagering on how many points a certain player will score.

As for where you should bet on NBA games, Everygame stands out due to its consistent basketball coverage throughout the entire season.

MLB

Pro baseball takes the prize for the longest season at 162 games per team. MLB player props and same game parlays are quite popular among baseball bettors. You’ll commonly see props involving pitchers and home runs.

This is especially true at Bovada, which has a loaded MLB betting section.

NHL

NHL betting is quite popular in northern states, or any metropolitan area with a good hockey team. It provides the chance to make unique bets like puck lines and period wagers. Of course, you can place common wagers on hockey too like moneylines, parlays, and live bets.

And where is best to place these wagers? BetNow is a leading NHL sportsbook thanks to its massive range of hockey bets.

NCAA Football & Basketball

No restrictions exist on college sports betting at offshore sportsbook sites. Contrast this to some regulated markets, where you can’t bet on in-state teams or any college teams at all in some cases.

NCAA football is extremely popular at offshore sports betting sites during fall while March Madness is the big draw for college basketball.

BetUS is a good site for both college football and basketball wagering as it has lots of picks and predictions on its BetUS TV shows. 

Golf

While golf may not featuring exciting dunks or home runs, it still pulls in a lot of action at sportsbooks. You’ll find lots of props, live wagers, and futures when the four Majors roll around. That said, mark your calendar for the PGA Championship, Masters, US Open, and British Open.

You might also want to open a Bovada account because we’ve found it to be the top golf sportsbooks.

Horse Racing

Horse racing may feel like it’s past its glory days, but it still pulls in the crowds at sportsbooks. Major races for betting purposes include the Kentucky Derby, Belmont Stakes, Preakness, Breeders’ Cup, and Grand National.

If you like horse racing betting, keep in mind that MyBookie provides an 8% rebate for horse bettors.

Esports

Esports betting gains more and more popularity with each passing year. It offers well over a dozen markets, with examples being LoL, CS:GO, Dota 2,  Fortnite, and Rocket League. There are even live betting markets now for tournaments.

As for where to bet, we like the esports market selection at TG.Casino.

Other Sports

Some other popular sports among American bettors include boxing, MMA, soccer, and tennis. These sports each have major events and fights (boxing/MMA) throughout the year. They’re also popular among international crowds and draw bettors from around the globe.

Jazz Sportsbook is a nice sportsbook for these popular secondary markets because it caters so well to international bettors.

What is an Offshore Sportsbook?

Offshore sportsbooks are betting sites that are licensed by regulators outside the US such as Costa Rica, Curacao, or Panama. These licenses typically allow operators to serve multiple countries including the US.

This means that offshore betting sites are not regulated at state level but they are regulated by those offshore gaming authorities.

The best offshore sportsbooks offer the same betting products, odds, and services as their state-licensed counterparts. We’d even say they offer better in many cases, but more on that later.

Are Offshore Sportsbooks Safe?

That’s the big question, right? And the simple answer is a resounding yes.

Top offshore sportsbooks are all fully licensed by respected gaming authorities. This means that they need to prove to the regulator that they are above board and have the right security measures in place to protect you and your money.

This means that they are perfectly safe to use in the USA. The same also applies in other countries, such as the UK, where you can bet at betting sites that are not on Gamstop. These sites are not regulated by the UK Gambling Commission, but they are still safe and legal to use.

Why Bet at Offshore Sportsbooks?

Offshore betting sites have been hugely successful for a long time now, so why is it that bettors keep using them? Well, here are a few of the major benefits to using offshore sportsbooks.

  • Bigger bonuses: Offshore sportsbook bonuses are usually much bigger than those at state-licensed sites. They can be worth thousands of dollars especially if using crypto.
  • Regular promos: You rarely need to wait for offshore online sports betting promos. Most offshore sportsbooks will have multiple offers running each month.
  • Crypto support: Offshore bookmakers always offer crypto as a banking option. You can expect fast deposits and withdrawals when using crypto and in some cases, instant payouts.
  • Available in most states: You don’t have to worry about geolocation software with offshore sportsbooks. The average offshore sportsbook serves most states in the US.
  • No taxes withheld: Federal laws require a gambling operator to report winnings over a certain amount or withhold taxes. But offshore online sportsbooks don’t report these winnings to the IRS leaving it up to you.
  • Better odds: Offshore sportsbooks have lower running costs as they do not pay state taxes. They can then pass these savings on to you in the form of better odds.

Is Sports Betting Legal in the US?

Sports betting is legal in the US. The Professional and Amateur Sports Protection Act (PASPA) used to prevent sportsbooks on the internet from operating directly on American soil. But the 2018 repeal of PASPA gave states the right to regulate sports gambling. Many states have taken advantage of this opportunity since 2018.

No federal laws ban offshore sports betting. As a result, some offshore sportsbooks have been legally serving Americans for decades. BetUS, for example, has been in the offshore betting industry since 1994.

You can deposit and place wagers at the best offshore sportsbooks without any worries. This is because no US citizen has ever been prosecuted for offshore online betting.

Offshore Sports Betting on Mobile

You won’t find offshore sportsbook apps at any of our recommended bookmakers. But you can still wager through a smartphone or tablet at any of the best offshore sportsbooks. Our top 10 recommended operators offer mobile betting through their websites.

You just need to visit your the site on your mobile device. From there, you can sign up, deposit, and start placing wagers. You’ll find that offshore mobile sportsbooks are every bit as good as dedicated apps.

Pros & Cons of Mobile Offshore Sportsbooks vs Desktop

While offshore sports betting apps are few and far between, you can still bet through offshore mobile sportsbook sites. But how do they compare to desktop sites?

Pros

  • Perfect for betting on the go with no need for sitting
  • Stay on top of news and markets anywhere
  • Great for placing bets on vacation or other trips
  • Make bets in a stadium while watching games live
  • Mobile sportsbook screens usually load faster

Cons

  • Smaller screen versus desktop betting
  • Harder to see live streams
  • Convenience may lead to placing too many bets

Do You Have to Pay Taxes on Offshore Sportsbooks?

The IRS requires you to report any type of income, including winnings at gambling sites. State-licensed betting sites stick to this rule, reporting your winnings to the IRS if you make of over $600 in the year.

By contrast, offshore sportsbooks don’t report anything to American tax authorities. We still recommend that you pay taxes on sports betting winnings for legal purposes and it is best to speak to a tax professional.

Responsible Gambling

The best offshore sports betting sites make a commitment to responsible gambling. This includes tools that promote responsible betting such as:

  • Deposit limits
  • Spending/loss limits
  • Time limits
  • Self exclusion/account pauses

They will also feature dedicated pages on responsible gambling with resource links to organizations like the National Council on Problem Gambling.


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