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Best Offshore Bookmakers for Americans
Offshore bookmakers have long been a viable option for placing wagers on athletic events in many regions worldwide. Despite facing significant obstacles, these platforms have overcome them and established themselves as a reliable choice for sports bettors by creating innovative solutions that enable easy access to their services.
In this article, we will focus solely on best offshore bookmakers for Americans that offer the best value and the most convenient methods for depositing and withdrawing funds. As a bettor, you are likely interested in maximizing the value of your wagers while ensuring that payouts are honored in a timely manner.
To save you the time and effort of searching for reputable online bookmakers, we have compiled a list of the top-rated offshore sports betting sites for Americans.
Let’s explain – what is offshore betting
The offshore sports betting industry is one of the largest revenue-generating markets worldwide, accounting for billions of dollars in transactions every year. In the United States, the American Gaming Association (AGA) estimates that offshore betting amounts to around $150 billion. The industry’s net worth is even higher globally, as other countries also lack adequate regulatory frameworks to cater to demand.
Offshore betting refers to sports betting conducted outside a specific region or country, such as the USA, Australia, Canada, or China. These offshore websites provide millions of bettors with viable options for sports betting, something that is often unavailable to players in their home country due to regulations such as the UIGEA act of 2006.
Despite the absence of a legal definition, offshore gambling sites maintain industry-defining standards and perform just as well as their legal counterparts. Websites licensed by authorities such as Curacao eGaming and the Kahnawake Gaming Commission and operating from countries like Panama, Costa Rica, and Antigua and Barbuda comply with essential standards of integrity. These offshore bookmakers for Americans have become a benchmark bearer of their own, capable of offering a variety of payment solutions that regular mainstream sites may not provide.
Can offshore sports betting conducted online be considered legal?
Top offshore bookmakers accept bets from US residents, despite the 2007 memo from the authorities declaring online gambling as illegal. However, it is important to check your jurisdiction as individuals are still able to place bets online. In 2011, the Obama administration reversed the interpretation of the Wire Act and allowed for online casino games and poker to become legal, provided it was offered by a government-licensed operator. Sports betting, however, still remained under the Wire Act, and offshore bookmakers and offshore betting remain a focus of law enforcement.
Betting on offshore bookmakers: safety, payment options, quick withdrawals
Offshore bookmakers have been able to differentiate themselves from the mainland competitors by meeting consumer demand and setting high standards for integrity and player safety. They have achieved this in several key areas:
- Safety: Although licensing an offshore business is as easy as registering it, the best offshore bookmakers have gone above and beyond to establish their good name. MYBOOKIE and XBET are well-known examples of offshore bookmakers that have maintained a reputation of integrity without the need for government control.
- Mainstream deposit: One criticism of the offshore industry has been the lack of sufficient payment options. However, this has changed drastically, and offshore bookmakers for Americans such as BETUS now offer 20 mainstream payment options to facilitate transactions.
- Quick withdrawals: In the past, a lack of reliable cash-out options was a major issue for offshore bookmakers. However, with the ability to withdraw within 24 hours, today’s offshore bookmakers for Americans guarantee that your money will arrive safely and quickly.
- Platforms: Offshore betting platforms have had over 20 years and billions of dollars in revenue to streamline their platforms. When choosing from reputable offshore betting sites, you can play safely knowing that you have picked a highly responsive platform that works on iOS, Android, and desktop devices.
- Bonuses: Clear bonus conditions are now the norm, with sites such as Nitrobetting displaying all their wagering requirements and deadlines. Offshore bookmaker bonuses are fantastic when judged on their own merit. For example, you can get a $50 wager just for registering from a mobile device or be granted a $25 risk-free wager if you bet on live sports.