Best Offshore Sportsbooks with 20 Year Track Records
- Written By Martin Green
- Updated on May 16, 2025
Top Offshore Sportsbooks for U.S. Players
BMR experts compare the top-rated offshore sportsbooks to provide a wide range of options to sports bettors seeking a safe and reliable offshore sportsbook. Each platform we recommend has its unique strengths, meaning that no matter what you’re looking for, we’ve found an option that will cater to your needs.
BetAnySports - Great value with -105 odds
The sportsbook covers a wide range of sports, including college and international events, and keeps things simple with a clean, efficient layout. Players can also choose from multiple bonuses, though many prefer ongoing juice savings over one-time offers.
- Best reduced juice sports lines at -105
- Quick and reliable payouts
- Works like the best sports betting apps
Heritage Sports - Best for live betting and low juice
Instead of flashy sign-up bonuses, Heritage focuses on long-term value with quarterly cashback, no rollover requirements, and perks like free birthday parlays. The platform is clean, responsive, and ideal for consistent, value-driven players.
- Competitive reduced juice odds at -108
- Comprehensive live betting options
- Quarterly cash back for 149+ sports bets
Bovada - Top-notch mobile and entertainment props
Nowadays Bovada is best known for their superior mobile app and large variety of political and entertainment bets. Bovada’s bonuses and aggressive rewards program remain among the best sportsbooks in the industry.
- An intuitive, user-friendly mobile interface
- Unique props on sports and entertainment markets
- Mobile site performs as well as apps
BetOnline - Great for sharp lines and VIP service
Parlay and teaser payouts are among the best online, and the platform runs smoothly on both desktop and mobile. BetOnline also stands out for its fast, responsive customer service and VIP-style support.
- Opinionated lines on major sports
- Broad range of bonus offers
- Faster than most sportsbook apps
BookMaker - High limits and sharp-friendly
The no-frills interface and wide selection of markets also keep casual bettors engaged. The sportsbook also offers a popular loyalty rewards program where bettors earn BetPoints for continued play.
- High betting limits
- Renowned sports betting loyalty program
- Competes with the best sportsbook apps
MyBookie - Easy to use with tons of markets
With frequent promos and a generous welcome bonus, MyBookie appeals to new and seasoned bettors alike. Its clean design and focus on usability make it a reliable pick for players of all experience levels.
- Robust live betting platform
- Depth of sports markets
- Outperforms many traditional sportsbook apps
Everygame - Solid bonuses and smooth mobile play
Players earn comp points on every wager, which can be redeemed for bonuses. Crypto users get extra perks too, including a 50% Bitcoin bonus worth up to $1,000, making Everygame a strong all-in-one option.
- Variety of sports and casino promotions
- Excellent customer service department
- Smoother experience than most betting apps
Best Offshore Sportsbook Bonuses and Promos
Discover the best bonuses and promotions from top offshore sportsbooks. Whether you’re a new player or a seasoned bettor, these exclusive offers provide great opportunities to maximize your winnings. Compare welcome bonuses, free bets, and ongoing promotions to find the most rewarding deals available.
Bovada’s $250 sports welcome offer is a great incentive to join Bovada. When you sign up and make your first deposit of at least $20, you’ll receive a 50% deposit match worth up to $250.
To claim the sign-up bonus, customers must contact customer support to activate it.
Enjoy a 25% cash promo when depositing with credit card to your newly created BookMaker account.
Score a 50% Welcome Promo up to $1,000 on your first-ever Everygame deposit. Use promo code BMRCRYPTO1K and get your 50% Promo.
JustBet offers a cash sign-up bonus for new crypto users, allowing them to receive a 20% bonus worth up to $500, on their initial deposit using Bitcoin.
List of Offshore Sportsbooks
Our team reviewed hundreds of sites to find the best offshore sportsbooks.
After careful testing, we chose platforms that truly stand out for online sports betting. Check out our list to discover the offshore sportsbooks that deliver the best experience for US players:
- BetOnline Top offshore sportsbook for great promos
- Bovada Best offshore sportsbook for props betting
- Heritage Sports Best sportsbook for live betting options
- BetAnySports Best betting site for reduced juice odds
- JustBet Best for loyalty rewards
- BookMaker Best for high betting limits and early lines
- Everygame Best for unique betting markets
Offshore Sportsbook Deposit Fees & Limits
Looking to maximize your offshore sportsbook deposits and minimize fees? Compare the deposit fees and maximum limits across top sportsbooks like Bovada, BetOnline, Heritage Sports, and more. Whether you use credit cards (VISA, MasterCard, Amex) or cryptocurrencies like Bitcoin, this table provides a clear breakdown of costs and limits. Find the best sportsbook to make the most out of your deposits and avoid unnecessary fees.
Credit Card Deposit Options: Fees and Limits Comparison
| Sportsbook | Fees | Max Deposit |
|---|---|---|
| Bovada | No Fee on 1st deposit | $1,500 |
| BetOnline | 11.5% | $500 |
| Heritage Sports | 0% | $500 |
| BetAnySports | 0% | $350 |
| MyBookie | 0% | $2,500 |
| BookMaker | 0% | $2,500 |
| Everygame | 0% | $1,000 |
Crypto Deposit Options: Fees and Limits Comparison
| Sportsbook | Fees | Max Deposit |
|---|---|---|
| Bovada | 0% | $5,000 |
| BetOnline | 0% | $1,000,000 |
| Heritage Sports | 0% | $10,000 |
| BetAnySports | 0% | $10,000 |
| MyBookie | 0% | No Max |
| Bookmaker.eu | 0% | $500,000 |
| Everygame | 0% | $2,500 |
The Best Sportsbook Loyalty Programs
One of the ways offshore sportsbooks incentivize players is by offering loyalty programs that provide value for every bet placed. Players can earn rewards such as free plays, cashback on wagering activity, and prioritized payouts. Similar to the perks offered by credit card companies and airlines, these programs are designed to keep bettors engaged with their preferred betting site.
While loyalty programs share the same goal—player retention and satisfaction—there are important differences that can impact a bettor’s overall experience. To help players make informed decisions, Bookmakers Review has analyzed the loyalty programs offered by the top offshore sportsbooks. The table below highlights the core features of each program.
Heritage Sports Rewards Program
Heritage Sports offers a straightforward and generous reduced juice (-108 style) and cashback rewards program. Reduced juice translates to savings with each sports bet. Cashback is paid quarterly for all pre-game wagers at the below rate.
Straight Bets (pre-game)
500+ bets: 0.8% cashback
150-499 bets: 0.6% cashback
0-149 bets: 0.4% cashback
Bettors who enjoy placing parlays receive 2 to 4.5X the pre-game wager cashback rate based on the number of legs in their parlay. In addition to the higher cashback rate, whenever bettors have generated at least $25 from cashback through parlays, they do not have to wait until the next quarter to redeem their cash.
Parlay Cashback Rate
4 or 5 teams | 2X
6 or 7 teams | 2.5X
8 or 9 teams | 3X
10 or 11 teams | 3.5X
12 or 13 teams | 4X
14+ teams | 4.5X
Bovada Rewards Program
Bovada’s aggressive rewards program is considered among the best in the industry. Every new player is automatically enrolled in Bovada Rewards and earns points for each wager. Points can be exchanged for cash rewards and other gifts from the Bovada rewards portal.
Sportsbook Reward Points
Straight Bets: 2 reward points for every $1 wagered
Parlays: 15 reward points for every $1 wagered
Teasers: 25 reward points for every $1 wagered
Round Robins: 25 reward points for every $1 wagered
Racebook Reward Points
Straight Bets: 40 reward points for every $1 wagered
Exotics/Multiples: 60 reward points for every $1 wagered
Poker Reward Points
Cash Games: 15 reward points for every $1 in rake
Tournaments: 15 reward points for every $1 in entry fees
Jackpot Sit n Go: 1.5 reward points for every $1 buy-in
Casino Reward Points
Video Poker: 1.5 reward points for every $1 wagered
Arcade: 1.5 reward points for every $1 wagered
Table Games: 1 reward point for every $1 wagered
Slot Games: 3 reward points for every $1 wagered
Specialty Games: 15 reward points for every $1 wagered
Points are issued on the lesser of the Win or Risk amount. For example, a $110 to win $100 wager at -110 odds would return 200 reward points. Points are credited after wagers have been settled.
Higher redemption rates are unlocked as players ascend Bovada’s tiers from Rookie, Pro, All-Star, Legend, and Hall of Fame.
BookMaker Rewards Program
BookMaker is renowned for their loyalty rewards program. The program is tier based: the higher your tier level, the more cashback can be claimed and bigger bonuses awarded.
Sportsbook BetPoint Rewards
Straight Bets: 1 BetPoint earned for every $1 wagered
Parlays (2-15 teams): 2 BetPoints earned for every $1 wagered
Teasers: 1.5 BetPoints earned for every $1 wagered
Racebook Cashback Rewards
Win, Place, Show Bets: Daily 3% cash rebate
Exotics: Daily 8% cash rebate
Casino BetPoint Rewards
Blackjack: 1 BetPoint earned for every $1 wagered
Roulette: 3 BetPoints earned for every $1 wagered
Craps: 0.5 BetPoints earned for every $1 wagered
Baccarat: 0.5 BetPoints earned for every $1 wagered
Video Poker: 2.5 BetPoints earned for every $1 wagered
Slots: 3 BetPoints earned for every $1 wagered
BookMaker’s reward levels are Gold, Platinum, and Diamond Rewards.
Gold members receive a 10% cash deposit bonus (4x rollover, max bonus $500) on reloads of $50 or more.
Platinum level members receive a 15% cash deposit bonus (5x rollover, max bonus $1,500) on reloads of $50 or more. BetPoints earned by Platinum members earn 10% higher cashback rates.
Diamond level members – members who have earned 300,000 BetPoints in a 12-month period will receive a 20% cash deposit bonus (5x rollover, max bonus $2,500) for reloads of $50 or more. BetPoints are worth 10% more than the Platinum level.
BetOnline Rewards Program
BetOnline offers a comprehensive rewards program with tiers from Bronze, Silver, Gold, Platinum I-III, Diamond I-III, Elite I-III, and the coveted Black I-III level. Benefits are unlocked as bettors reach new levels for their wagering activity, win or lose.
Bronze level members receive access to the $15,000 daily cash race, birthday rewards, a monthly cash boost, plus a post-monthly cash boost.
Silver level members receive everything bronze level members are entitled to plus a weekly cash boost and a level-up bonus for reaching the status.
Gold and Platinum level members receive all silver benefits plus larger weekly cash boosts and a more lucrative level-up bonus.
Diamond, Elite, and Black level members receive a dedicated VIP team for customer service and exclusive offers plus prioritized withdrawals. Elite and Black level members receive reduced deposit fees.
Sportsbooks with the Best Live Betting Platforms
Nothing matches the excitement of being able to add to your position during a live wager or minimize your exposure as the action unfolds. The industry’s top rated offshore sportsbooks all have comprehensive live betting platforms with thousands of possible selections on a daily basis.
The table below provides an overview of the core features offered by the best offshore sportsbooks.
| Sportsbook | Daily Events | Live Streaming | Early Cashout |
|---|---|---|---|
| 4,375 | ❌ | ✅ |
| 4,350 | ❌ | ✅ |
| 4,426 | ✅ | ❌ |
| 4,289 | ❌ | Select events only |
 | 4,260 | ❌ | ❌ |
 | 4,025 | ❌ | ❌ |
 | 4,125 | ❌ | ✅ |
 | 4,004 | ❌ | ✅ |
Nothing matches the excitement of being able to add to your position during a live wager or minimize your exposure as the action unfolds. The industry’s top rated offshore sportsbooks all have comprehensive live betting platforms with thousands of possible selections on a daily basis.
The table below provides an overview of the core features offered by the best offshore sportsbooks.
| Sportsbook | Daily Events | Live Streaming | Early Cashout |
|---|---|---|---|
| Bovada | 4,375 | ❌ | ✅ |
| BookMaker | 4,350 | ❌ | ✅ |
| BetOnline | 4,426 | ✅ | ❌ |
| Heritage Sports | 4,289 | ❌ | Select events only |
| BetAnySports | 4,260 | ❌ | ❌ |
| Everygame | 4,025 | ❌ | ❌ |
| JustBet | 4,125 | ❌ | ✅ |
| MyBookie | 4,004 | ❌ | ✅ |
How We Rate Offshore Sportsbooks
Our team follows a detailed, hands-on process to review and rate offshore sportsbooks, ensuring that only the best sportsbooks make our list. We focus on factors that matter most to sports bettors, from secure banking to competitive odds. By examining each site in-depth, we give you a clear picture of what to expect from these platforms.
Banking Options
We look for offshore sportsbooks that offer secure and convenient banking methods. Whether you prefer credit cards, e-wallets or cryptocurrencies, we check each option to make sure it’s reliable. Fast payouts are a priority, so we test withdrawal speeds to confirm you can access your winnings without hassle. Only sites with trustworthy banking services are rated well by our team.
User Experience
A well-designed online sportsbook makes betting easy. We evaluate each site’s layout and ease of use, focusing on how quickly you can find games, place bets and access important information. A user-friendly platform ensures a smooth experience, so we prioritize sites that provide easy navigation and a simple interface. Sports bettors should feel comfortable exploring and placing bets without any issues.
Mobile Compatibility
With mobile betting becoming more popular, we examine each sportsbook’s mobile experience closely. Whether through an app or a mobile-optimized website, we check for responsive design, functionality and ease of navigation. A good mobile platform lets you place bets on the go with minimal effort. Our top picks ensure you can access quick odds and place bets smoothly from your smartphone or tablet.
Customer Support
Good customer support is essential for a reliable offshore sportsbook. We value sites that offer multiple support options, like live chat, email and phone assistance. Prompt responses and helpful representatives are a must. The best sportsbooks provide dependable customer service to handle any issues that may arise, so you can bet with peace of mind knowing help is available when you need it.
Competitive Odds
Offering competitive odds is a key factor for any online sportsbook. We compare the odds for major sports, such as football, basketball and baseball, across multiple sites. A site with strong odds gives sports bettors better returns and more value for their money. In addition to standard bets, we check the variety in bet types, ensuring each site covers everything from single bets to complex options like parlays.
Range of Betting Options
A diverse range of sportsbook betting options adds to the enjoyment of online wagering. We look for sportsbooks that offer various types, from moneyline bets and spreads to futures, props and totals. Offshore sportsbooks that provide options for niche sports and events beyond the major leagues are ranked higher. A wide variety gives sports bettors more choices and flexibility, allowing them to try different strategies.
Online Casino
We prioritize online sportsbooks that feature a dedicated online casino section. Platforms offering slots, table games, poker and live dealer games give players more ways to gamble beyond sports betting. We focus on sites that deliver quality casino options alongside sports, providing a complete betting and gaming experience.
Bonuses and Promotions
Bonuses and promotions add extra value for sports bettors. We assess each online sportsbook’s welcome offers, reload bonuses and ongoing promotions. We pay attention to the size of these offers, as well as any conditions that may impact their value, like wagering requirements. Fair and generous promotions make a site more appealing, so we prioritize offshore sportsbooks that deliver value through these incentives.
By focusing on these factors, we aim to guide you toward the best offshore sites offering security, convenience and a strong betting experience. Check our ratings to find the best options for your needs.
How to Place a Bet at an Offshore Sportsbook
At most offshore sportsbooks, the sign-up process is straightforward. If you’re unsure where to begin, here are the essential steps to get you started with top online sportsbooks.
-
1
Pick a Reputable Sportsbook
You can check out reviews like ours or do some research to find the best options for US players. The main goal is to pick a site that delivers a secure, enjoyable experience. -
2
Claim a Bonus
Select from available promotions and deposit match offers. It’s recommended to use crypto if available since generally speaking mobile apps offer larger bonuses if using crypto. -
3
Deposit Funds
Once your account is set up, proceed to the cashier section to deposit funds. You’ll be able to choose from various payment methods, including cryptocurrencies and credit cards. Remember, if you’re aiming for a welcome promo, ensure your deposit meets the qualifying criteria. -
4
Place a Bet
In the sportsbook section, select the bets you want to place. Add them to your bet slip, enter the amount you wish to wager and confirm your bet. The bet slip will display the potential payout based on the odds and your stake.
By following these steps, you’ll be well on your way to enjoying the exciting world of sports betting.
The State of Online Sports Betting Across the U.S.
Offshore sportsbooks operate outside the United States in regions where online gambling has existed for decades. These sites are properly licensed and regulated, and there are no federal laws in the U.S. that prohibit using them.
Since the repeal of PASPA in 2018, U.S. states regulate betting individually. In states with no regulated options, like California and Texas, many players rely on offshore sites while waiting for a resolution.
States like Missouri and Florida have limitations that make it harder to bet, so sports bettors turn to online sportsbooks for wider betting markets and better odds. Since offshore sportsbooks operate outside U.S. jurisdiction, they aren’t subject to state gambling laws but are licensed and regulated where they are based.
Offshore Betting News
Maryland Latest State to Hike Sportsbook Revenues
Maryland has raised taxes on mobile sportsbook revenues from 15% to 20%, falling short of Governor Moore’s push for 30%. Retail rates remain unchanged. Meanwhile,
Caesars Donates $200,000 to Responsible Gaming Initiative
Caesars is reinforcing its commitment to responsible gambling with a $200K donation to the ICRG and launching exclusive iGaming titles. From pioneering safer gaming practices
Missouri Poised for December 1st Sports Betting Launch Date
Missouri’s long-awaited mobile sports betting launch is officially set for December 1. While fans won’t be able to wager during football season, the licensing process
What Online Sportsbooks Offer
Find a top betting sites that cater to your needs.
There are some features to keep in mind when comparing online betting sites to make sure you have the best experience. We explore them below.
Trustworthy Reputation
A trustworthy sportsbook keeps things above board and provides peace of mind, so it’s critical for you to find an offshore sportsbook you can trust. Look for platforms that are transparent in their dealings, have been operating for a good amount of time and are licensed under respected jurisdictions.
Good Customer Satisfaction
Check online reviews, forums and community discussions to gauge customer satisfaction. An online sportsbook with happy customers is likely doing something right.
Pay attention to what the reviews say about customer support, in particular. If you run into issues with your sportsbook, you want knowledgeable representatives that you can count on.
Competitive Odds
Better odds mean more profits for you when you win. Offshore sportsbooks often offer better odds due to lower operational costs, making them a smart choice for value-conscious sports bettors. There are also more opportunities to find reduced juice and boosted odds.
Generous Welcome Bonuses
Online betting sites offer attractive promotions to new players. When you sign up, you can get free money (deposit matches), free bets and other perks. You want to find a sportsbook that strikes a balance between a generous offer and reasonable terms. A key tip is that most sites give higher offers to crypto players.
High Betting Limits
Offshore sportsbooks are more welcoming of the high rollers, offering generous betting limits that invite sharp bettors. They have more diverse limits overall, maintaining lower minimum and maximum limits to suit any strategy.
Payment Options and Payout Speed
Having a range of deposit methods allows you to fund your account in the way that suits you best. Traditional methods like credit/debit cards and bank transfers are always handy, but alternative methods like crypto or e-wallets can offer significant benefits.
Simple KYC Process
The most trustworthy sportsbooks strike a balance between comprehensive security and convenience. The KYC process should be straightforward, requesting only necessary information and the verification should be conducted in a timely manner.
Remember, a well-executed KYC procedure not only protects each online sportsbook but also assures the bettor of their security and protection.
Benefits of Offshore Betting
One of the biggest advantages of offshore betting sites is their ability to offer better odds than regular sportsbooks. They often have lower overhead costs, which means they can offer better odds, promos and other perks.
There are tons of benefits to using them, and we look at those in depth below.
- Superior Odds: They provide better value for your bets. Without the same regulatory fees, taxes and compliance costs as domestic books, they can offer more attractive odds, giving you the potential for higher returns.
- Better Promotions: Compared to locally regulated sportsbooks, these operators provide players with more generous promos, a wider variety of promos and more attractive loyalty rewards.
- Extensive Market Options: They offer a wide variety of betting markets, covering popular sports and major leagues, niche markets and even college sports.
- Global Accessibility: Unlike sites in the US and Canada, that require location-tracking software, these platforms can operate without these restrictions. This lets you place your bets from anywhere with ease.
- Esports Betting: Offshore betting sites offer a wide range of esports betting markets that you can’t find on local sites.
- Political Betting: You can also turn to offshore sites for betting on political events. US-based sportsbooks often avoid political markets due to influence concerns, whereas offshore sportsbooks allow you to turn your political predictions into cash.
- Increased Privacy: Offshore sites employ robust security protocols to protect your information. For those seeking financial privacy, many offshore sportsbooks now offer crypto deposits.
Betting on Politics: Trends, Odds, and Legality
Stunning Upsets in Political Betting
Political betting online has seen incredible upsets, creating huge payouts for savvy sports bettors on offshore betting sites. In 2016, bookmakers and online prediction markets significantly misjudged outcomes, heavily favoring “Remain” in Britain’s Brexit referendum and Hillary Clinton in the U.S. presidential race. Both underdogs won, rewarding contrarian bettors handsomely. Notably, one bettor famously placed a $5 million wager on Donald Trump’s 2020 re-election—the largest political bet ever reported.
Election Seasons Drive Betting Popularity
Every four years, the political spotlight turns into a high-stakes betting arena and the 2024 U.S. presidential election proved just how explosive that combination can be. Offshore sportsbooks saw a tidal wave of wagers as Donald Trump faced off against Kamala Harris in what became one of the most polarizing, unpredictable elections in recent memory. Platforms like Polymarket shattered records, with political betting volume topping $3.3 billion blowing past previous highs and turning political speculation into a betting frenzy.
The draw? A volatile news cycle, ever-shifting polls, and the thrill of turning political insight into profit. For many, betting on politics isn’t just a gamble it’s a way to stay engaged, voice their take on the outcome, and, hopefully, cash in while doing it. As mainstream sportsbooks in the U.S. remain off-limits for political action, offshore betting sites have become the go-to alternative for bettors seeking full access to political markets.
Is Betting On Politics at Offshore Sportsbooks Legal?
Short answer? In the U.S., no, not through regulated sportsbooks. Political betting remains off the table due to a mix of federal laws and state-level restrictions. But that hasn’t stopped the rise of political wagering. Instead, it’s pushed it offshore.
Offshore sportsbooks, or betting sites operating outside U.S. jurisdiction have stepped in to meet the demand, offering expansive political betting markets that cover everything from presidential outcomes to state-level races and international elections. These offshore sites aren’t bound by U.S. laws, which gives them the freedom to host odds and accept bets on political events that U.S.-based books simply can’t touch.
While legal experts often describe offshore betting as existing in a gray area, the reality is this: thousands of Americans use these sites regularly, drawn by their accessibility, odds variety, and real-time market movement. That said, bettors should choose offshore sportsbooks with a track record of trust, fast payouts, and secure platforms because once you’re outside the regulated system, you’re on your own.
Political Betting News
Canadian Elections: Trump Redux Up North?
The Canadian federal election has seen some twists and turns. Are the politics odds as far off as they were in the United States?
Who Will Be the Republican and Democratic Nominees?
The race for 2028 is taking shape with J.D. Vance as the GOP favorite and Gavin Newsom and Josh Shapiro leading Democratic contenders. Michelle Obama
2028 U.S. Presidential Election Betting Odds: J.D. Vance Favored by Sportsbooks
The great thing about betting on politics is there’s always another election around the corner. It took about two nanoseconds after Donald Trump’s victory in
Offshore Sportsbooks Do Not Report Winnings to the IRS
One of the biggest advantages of offshore sportsbooks is the financial privacy they provide. Unlike U.S.-regulated betting sites, these operators do not report player winnings to the IRS, allowing offshore bettors to manage their tax obligations without automatic oversight.
Federal Taxes on Gambling Winnings
The IRS classifies gambling winnings as taxable income, whether they come from a domestic sportsbook or an offshore betting site. While offshore sportsbooks do not report your winnings, it remains each bettor’s responsibility to declare gambling income when filing taxes.
- Regardless of where you place your bets, winnings from any online sportsbooks are considered taxable income and should be reported when filing your taxes.
- Offshore sportsbooks do not provide official tax forms like U.S.-regulated sites (such as Form W-2G), nor do they automatically withhold taxes on large payouts.
Why Offshore Sportsbooks Offer Greater Privacy
Regulated sportsbooks like FanDuel and DraftKings automatically report winnings over $600 to the IRS, issuing Form W-2G to players. This can create tax implications even for sports bettors who may not have withdrawn or profited significantly over the year. Offshore sportsbooks, however, do not submit tax documentation, providing an extra layer of financial discretion.
Although offshore sportsbooks do not report to the IRS, tax laws still require offshore bettors to report gambling income. Many players value the financial privacy that offshore betting provides, especially given the potential for reporting errors and tax complications with regulated sportsbooks. Privacy remains a key advantage of offshore betting, particularly when it comes to tax obligations.
Wagering Requirements for Popular Promos
Bonuses offered by the best online sportsbooks often come with a catch. To decide which promo will give you the most bang for your buck, it’s essential to take a step back and consider the terms tied to each one.
- Rollover: Requires you to bet the promo amount (and sometimes the deposit amount) a certain number of times before you can withdraw.
- Minimum Odds: Only bets with certain odds count towards fulfilling the requirements.
- Time Limit: Requirements must be met before a certain time or the promo gets forfeited.
- Type of Bet Restriction: You may only be able to use the funds on certain markets.
- Maximum Win Limit: The maximum amount you can win.
- Eligible Sports: Some bonuses at offshore sportsbooks are only applicable for certain sports.
- One at a Time: You must complete the wagering requirements for one offer before claiming another.
- Payment Method Restrictions: Some bonuses are tied to a specific payment method, like crypto.
It’s important to read the terms and conditions of each promo code carefully to understand the specific wagering requirements and other restrictions that apply. This will help you evaluate the true value and decide how best to use it.
Regulated vs. Offshore Sportsbooks
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.
| Feature | Offshore Sportsbooks | Regulated Sportsbooks |
|---|---|---|
| Welcome Bonuses | $1000 max | $500 max |
| Odds | -108 average | -110 |
| Crypto | Accepts cryptocurrencies | Does not accept cryptocurrencies |
| Dispute Resolution | Dispute mediation with BMR | State board mediation |
| Tax Reporting | No IRS reporting | Reports winnings over $600 to IRS |
| Online Casino | Live dealer games (female dealers) | Not offered |
Who regulates offshore sportsbooks?
Offshore sportsbooks are overseen by their local licensing authorities instead of US regulators. They comply with the rules set by the licensing authorities in their jurisdictions. This regulation keeps players safe and ensures secure transactions and fair games.
These offshore sportsbooks operate out of countries where online gambling is legal. The top-tier names on our list of online sportsbooks, like BetOnline and Bovada, are frequently hailed as some of the best online betting sites. These sites operate under the rules and regulations of their home jurisdictions, such as Costa Rica and Panama.
Gambling licenses are issued by established agencies like Curaçao eGaming, used by Bovada and BetUS. Many of the best offshore sportsbooks hold licenses in other countries, too, such as Malta and Antigua.
Offshore Sportsbook Banking Methods
Enjoy a hassle-free experience with a top offshore sportsbook.
Most offshore sportsbooks make it easy for you to move your money. Here’s a look at some of the payment methods you can expect to find at the top online betting sites:
- Credit and Debit Cards (Visa/Mastercard): Widely accepted and easy to use. Good for quick deposits, but may have fees for withdrawals. Keep an eye on the minimum deposit and maximum withdrawal limits. Some offshore sportsbooks also accept less popular options, like Discover and American Express.
- E-Wallets (PayPal, Google Pay, Neteller, Stripe): These are digital wallets for moving money online. They’re convenient and come with lower fees than traditional payment methods. Withdrawal times can be a bit longer, so plan accordingly.
- Cryptocurrency (Bitcoin, Ethereum, Litecoin): This is becoming a popular option at many offshore sportsbooks. Crypto transactions are fast and usually have lower fees. They also offer more privacy. Plus, many sportsbooks offer special bonuses for crypto players.
- Bank Wires: Wire transfers are typically ideal for transferring larger amounts. Bank wires typically have lower fees for deposits but might charge for withdrawals. They are slower than other methods, so it’s not the best choice if you need quick access to your funds.
For fast and easy transactions, credit/debit cards and e-wallets are great, but watch out for potential fees. Choose the method that aligns with your needs and preferences at offshore sportsbooks.
For privacy and lower fees, cryptocurrencies are the way to go. If you’re moving large sums, sticking with traditional methods like bank wires could be more efficient despite being slower.
Explore the Top Online Betting Apps
When you get into online sports betting, one of the first things you’ll notice is how popular mobile betting has become. Offshore sportsbooks can’t offer traditional mobile apps, so they optimize their sites to work just like an app on any device.
It’s easy for you to fund your sportsbook account, browse through sports markets and even play casino games. You can place and track bets with a convenient mobile bet slip, too. Using a phone or tablet, you can get the full desktop experience from anywhere.
Whether you’re using an iOS or Android device, all of the offshore sportsbooks we’ve reviewed are designed to provide a great online betting experience on all of your devices. No matter which online betting site you choose, you can enjoy the convenience of mobile betting today.
BookmakersReview FAQs
BookmakersReview (BMR) has been a trusted name in offshore sports betting since 1999. With over two decades of experience and recognition in outlets like WSJ, Reuters, and CNN, BMR has earned its reputation as a go-to source for expert betting analysis.
How do we conduct our expert sportsbook reviews?
BMR reviews are done by experienced bettors who test each sportsbook hands-on—from registration to withdrawal. Every review is based on strict standards, focusing on odds, usability, support, and overall value to ensure fairness and transparency.
Why do sports bettors trust BMR?
Bettors trust us because it consistently puts players first. The team has helped resolve disputes for over 20 years and offers free, unbiased support with no commissions or hidden incentives. Reviews are based on real testing and user feedback.
How does BookmakersReview ensure transparency in its sportsbook ratings?
BMR openly shares its rating criteria and regularly updates scores based on player feedback and verified reports. If a book underperforms or improves, the grade changes. The system is transparent, and community input plays a key role.
What tools and guides do we offer to help bettors?
BMR provides real-time odds comparisons, expert picks, betting calculators, and how-to guides covering all major sports. Whether you’re new to betting or experienced, the tools are designed to help you bet smarter and stay informed.
How does BookmakersReview assist bettors with sportsbook complaints or issues?
BMR offers a free complaint mediation service for users dealing with payout issues, account bans, or other disputes. The team has over 20 years of experience helping bettors and uses that insight to hold sportsbooks accountable.
Privacy: A Key Advantage of Betting Offshore – Tax Requirements & Obligations
Bettors should understand their obligations to the IRS if their winnings have reached a certain threshold during the previous calendar year. Tax Obligations for Bettors
Offshore Sportsbooks Are A Better Bet for Serious Players
Offshore sportsbooks have long been a cornerstone of the sports betting world. As industry pioneers, they have set the standard for what a robust online
