Offshore Sportsbooks are Regaining Popularity
The Professional and Amateur Sports Protection Act’s unconstitutionality allowed legal sportsbooks to launch in the United States. Before the Supreme Court’s 2018 ruling, offshore sportsbooks were how most Americans bet on sports.
Twenty states and the District of Columbia have legalized some form of sports betting. These enactments have caused many people to flock to these books. However, offshore sportsbooks are regaining popularity.
Here are some reasons why offshore sportsbooks are making a comeback in the United States.
Better Odds at Offshore Sportsbooks
Sports betting platforms can market through a variety of media platforms. When sports betting was legalized, people chose these books because of this fact.
Sports betting conglomerates like DraftKings and FanDuel advertised their products through social media. This attracted many bettors, but now people realize legal sportsbooks are not always the best option.
Legal sportsbooks need to comply with state regulations. Sportsbooks have to pay licensing fees and substantial taxes in most American states. This fact causes sports betting platforms to create odds that give themselves a better chance to win.
If sportsbooks do not profit, they will not remain in business. Therefore, they must fight state regulations through bad odds. Offshore books do not have to pay state taxes, so they can afford to set fair odds.
Bettors who take advantage of offshore odds will notice that they have an increased chance to win online.
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The Layout of Offshore Sportsbooks
Not all legal sportsbooks were created equal. New legal sportsbooks are arising every day, and they are not up to par. Offshore sportsbooks like Bovada or MyBookie have been in business for years.
Offshore sportsbooks are established and offer great layouts for bettors. Many bettors wagered on offshore platforms for years. When legal sportsbooks arose, people realized that they liked the layout of offshore books.
Legal sportsbooks will often clutter their platforms with information that makes it difficult to fill out a betting slip. When bettors wager sports, accessibility is a crucial concern.
Offshore books make it easy to lock in bets. This has caused their popularity to grow once again.
Sports Betting is Not Legal in Every State
Legal online sportsbooks are activated through a person’s location. Online books use GPS software to make sure a bettor is in a permitted area.
Sports betting is legal in 20 states and the District of Columbia. Not all of these states legalized online sports betting.
If a person lives in a legal state, they may still choose to play on an online sportsbook because of accessibility. If someone is traveling, they do not have to worry about sports betting with offshore books.
These platforms are universally available. The same is not true for legal sportsbooks. If a person does not live in a legal state, it’s an easy decision to utilize an offshore betting platform.
In many cases, offshore sportsbooks are just as good as legal sportsbooks. Offshore books have great bonuses, better odds, and VIP programs. These sportsbooks should not be looked down upon in the sports betting world.
Americans are starting to realize that “legal” does not always mean better in sports betting.
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