Offshore Betting Sites

Although many states are in the process of regulating local sportsbooks, many players are still playing at top-rated offshore betting sites. Whether you prefer playing NBA, golf, NFL, soccer, boxing, or any other sport, these sites will ensure that you can place the most competitive odds in safe gaming space. But why do bettors with local sports betting options still use offshore sports betting sites?

This comprehensive guide provides detailed information on why offshore bookies have gained widespread popularity. We will look at their unique features as well as the advantages and disadvantages of playing on such sites.

Offshore Betting Sites

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What is the Meaning of Offshore in Sports Betting?

The term ‘offshore’ refers to out-of-state. Thus, offshore betting refers to placing bets on sportsbooks outside the UK jurisdiction. These could be online sportsbooks in the United States, China, Asia, or Latin America. Such sites often accept players from around the world and are governed by gambling rules in their nations.

The best offshore betting sites offer a vast array of games for players to enjoy, including NHL, NBA, NFL, MLB, golf tournaments, college sports, tennis matches, NASCAR, UFC, horse races, esports, and many others. They also offer attractive bonus offers and promotions to new and existing players and convenient banking options. The top sites also have excellent customer support and intuitive gameplay.

Are Offshore Sportsbooks Safe?

The word “offshore” does not mean that an online gaming site is less trustworthy or secure than one with a local presence. It simply indicates that the bookie is headquartered abroad or outside the UK and its license is not from the UKGC. Casinos with offshore permits must abide by gaming regulations and be adequately controlled to prevent inconsistencies. The best online sports betting site is one with good customer reviews and confirms its legitimacy with the “Seal of Approval” provided at the website page’s bottom.

It is vital to note that the UK Gambling Act of 2005 prioritizes preventing crimes, tendencies toward compulsive gambling, and young people accessing gambling sites. Whether offshore or not, all online sportsbooks should adhere to these rules and regulations. Gamstop is a self-exclusion program required for most UK-based websites to safeguard users against compulsive gambling. However, a bettor may not find the rules satisfactory, so he is free to gamble at licensed offshore sportsbooks.

If you choose to bet on an offshore betting site, it is vital to ensure that the site has a valid license. Although it is not a simple task, you should aim to find the best online bookie that caters to your betting needs and provides a safe and trustworthy playing environment.

Offshore Betting Sites Categorization

Although not all offshore bookies are the same, they represent a significant segment of non-UK bookies. Although their headquarters and licenses are located outside the UK, they still operate differently. Let’s look at the four major offshore categorizations available to UK gamblers.

  • Offshore Sports Betting Sites Without a License

You might notice from our reviews that some of the offshore betting sites we examine are classified as “no license sportsbooks.”  These business owners have decided to operate autonomously because they believe no one will regulate them. Before selecting one of these bookmakers, be sure to read reviews from gambling professionals and members of the betting community because there are plenty of fraudulent sites out there.

  • Offshore Cryptocurrency Betting Sites

The category of cryptocurrency sportsbooks includes some of the best offshore bookmakers. Bitcoin, Ethereum, Dogecoin, Bitcoin Cash, Litecoin, Ripple, Monero, and other cryptocurrencies are just a few that players can use to place wagers and conduct transactions.

Players can load up their accounts at offshore bookmakers that support cryptocurrency transactions using cryptocurrency wallets and withdraw profits without going through a KYC verification process. Players can anticipate finding enormous bonuses, competitive odds, and the opportunity to place covert wagers on these sites.

  • US-Based Offshore Bookmakers

Offshore sports betting sites located in Panama and Costa Rica often cater to the needs of UK sports bettors. They also accept players across the globe, including in the US. Suppose you enjoy placing wagers on US sports. In that case, these sites are the best bookie as they will provide most US sports, competitive odds, a US-friendly interface, and various additional wagering choices, like pleasers, teasers, parlays, and if bets.

  • Curacao-licensed Offshore Betting Sites

For a more varied betting experience, gamblers can check out Curacao offshore sports betting sites. The Curacao eGaming authority governs the latter. These websites offer the option to wager abroad, a more liberal approach to the KYC verification process, and asserts no taxes on wins.

Offshore Sportsbook Rankings

With a plethora of options available on the market, finding the best offshore betting sites can be overwhelming. Luckily, you can consider various factors to help you single out the most suitable site. In addition, you can also use professional review sites like ours to find a safe and reputable sportsbook that caters to your needs. Our team of gambling experts with years of experience and expertise in the UK gambling industry thoroughly evaluated each of our recommendations.

In the section below, we will provide in-depth details about what you should look for when reviewing the newest sports betting sites. Below are the key considerations when choosing the top site.

  • Security and Reliability

We evaluated each bookmaker for prior complaints filed against them, examined their licensing and registration history, and confirmed their adherence to prompt payout schedules to protect the security of your personal information and finances.

Your hard-earned cash will be safe if you wager with any of the offshore sportsbooks listed on this page. All of the top offshore sportsbooks we suggest have a license from their native nation and safeguard player accounts with cutting-edge security encryption technology.

  • Welcome Bonus Offers

There is plenty of rivalry in the gambling market, and offshore betting sites are no exception.  By providing enticing welcome bonuses, the newest sports betting sites have a chance to compete for your patronage. Most welcome packages at these platforms are available in the form of first deposit bonuses, free bets, and no deposit bonus offers. We verified that all our recommended bookmakers provide an attractive welcome bonus that is competitive and has fair terms and conditions.

Note that most foreign bookmakers favor first-deposit bonuses above other kinds of promotions. Numerous of these perks are intended to promote crypto deposits, which offshore providers prefer due to the anonymity they offer. The total value of free bets, first deposit matches, as well as other promotional deals for new players can be very high.

  • Betting Markets

When searching for the best offshore sports betting site, we looked for those with a vast array of markets. You can find all these options on our list of recommendations from football, hockey, baseball, basketball, tennis, ice skating, horse racing, golf, or any other sport. Note that the depth and market size of betting markets vary.

Thus, we recommend our readers register with multiple of the top offshore betting sites because the more accounts you have, the more markets you may access. Most of our list of best offshore sports betting sites consist of live in-gaming markets, parlays, teasers, pleasers, and many others.

  • Betting Odds

The payout amount of your wager depends on the odds that a sportsbook gives you. Sportsbooks now use odds provided by specialized companies, most of which are situated in Las Vegas. Because of this uniformity, odds are frequently nearly the same between bookmakers, except for unusual and esoteric wagers. Therefore, we strongly advise all professional bettors to make comparisons to help gain value and increase the perceived edge.

  • Payment Options

Your preferred offshore sportsbook should offer quick and easy ways to fund your account and cash out your winnings. Most recommended sites accept crypto payments, credit/debit cards, bank transfers, and popular e-wallets. We also consider the payout times of each sportsbook. Ideal payout times are within 24 hours, and almost all of the offshore sportsbooks we suggest can complete payouts in less than 48 hours. Cryptocurrencies like Bitcoin, Dogecoin, Litecoin, Tether, and Ethereum are preferred by the majority of US-based offshore sportsbooks companies when making deposits.

The best offshore sports betting sites should also guarantee that your financial information is safe and secure from third-party access. Our experts have verified that all our recommendations feature the latest security encryption technology like those used in top banking institutions.

  • Customer Support

Was your wager not honored? You are unsure of why your bet was dropped. Has the mobile bookie app recently seemed sluggish? An attentive and experienced customer support personnel is crucial in situations like these.

The top offshore bookies provide their paying customers with email support and live chat. The personnel we interacted with were cordial and competent and went above and beyond to respond to our inquiries.

We search for offshore sportsbooks with competent customer support agents and customer care available around-the-clock. We prioritize phone support and live chat channels since they allow you to receive a prompt response to your query.

  • Mobile Usability

When recommending a top-notch offshore sportsbook for you to sign up with, we also consider if you have a great mobile gambling experience. If a mobile version is available for your device, you should have no trouble visiting the site using it. The mobile betting experience needs to be as perfect as that available on a desktop.

Offshore Sports Betting Features

The best offshore betting sites have several features that many bettors can enjoy. These features include:

  • They hold an active license from a reputable and trustworthy gambling regulatory body
  • An easy-to-use interface
  • Generous bonuses and promotions, including free bets, no deposit bonuses, and welcome packages
  • Competitive odds
  • A comprehensive list of betting markets
  • Safe and convenient banking options
  • Available and responsive customer support 24/7
  • Access to a mobile sportsbook that is compatible with Android and Apple devices

Benefits of betting on offshore bookmakers in the UK

Offshore sports betting sites are a player-favorite among UK bettors. Below are the advantages of playing on these sites.

  • Varied Betting Types

Betting through offshore bookies is wonderful because it exposes players to new wagering opportunities like parlays, futures, pleasers, teasers, and if bets. The betting experience is much more delightful when you combine those mentioned above with the wide variety of markets.

  • Convenient and Varied Forms of Payment

Due to the UKGC’s restriction, gamers from the UK have not been able to top off their betting accounts using credit cards for some time. Although there are no official restrictions on cryptocurrencies, no UK providers have provided them. However, the best online betting site offers bettors the most popular payment options, including crypto, credit/debit cards, and bank transfers.

  • New and Experienced Bettors Can Participate

Due to limitations and guidelines set by the UKGC, several player groups are excluded from betting on bookies. Whether a new or professional sports bettor, you can legally participate on offshore betting sites by placing wagers, making deposits, and cashing out winnings.

  • Competitive Odds

Most of these sites offer high odds for popular sports on their platforms. While unregulated and other offshore operators will have a 3-4% house edge on the top basketball and football leagues, US bookies will provide you a large payout of approximately 97-98% on US sports.  Additionally, those who enjoy betting on overseas races can sign up at the best offshore horse race betting websites for the best odds.

  • Simple KYC Verification Process

If you do not enjoy filling out the lengthy forms, providing the documents, or completing the credit checks at UK sports betting sites, you will be happy to play at an offshore bookie. Forget about all of the above; mailing a utility bill and your passport, ID card, or driver’s license will be sufficient to finish the verification process on these sites.

Moreover, pick a sportsbook that solely accepts cryptocurrency as payment. Since the transactions are untraceable and anonymous and the funds are transmitted directly to your cryptocurrency wallet, you will likely not need to go through a KYC.

  • Attractive Bonuses

Offshore bookmakers give the majority of UK gamblers who enjoy looking for large incentives that opportunity. Be ready to receive matching deposit bonus offers and more deals than a UK bookmaker offers, including cashback, reload offers, free bets, insurance for combo bets, as well as other interesting promos.

  • Tax-free Winnings

Gamers can collect as many wins as possible since no taxes are applied to the money you make from betting. Place your wagers without worrying that some of your earnings may be taxed, as offshore operators are located overseas and are not subject to UK legislation.

Drawbacks of using an offshore betting site

Placing bets on the best offshore betting site is not ‘all rainbows and sunshine.’ There are also several disadvantages of playing on these platforms. They include:

  • Untrustworthy

Most offshore sportsbooks lack a license or are subject to the lenient gambling laws of countries like Curacao, Panama, or Costa Rica. This gives them the freedom to do business as they see appropriate, which may lead to several injustices against bettors regarding payments, the handling of bets, and the explanation or application of the terms of service.

  • Transaction Costs

Even on the best offshore bookies for UK players, transaction fees are frequently required. For instance, the bookmaker will charge you a transaction fee if you opt to fund your account or cash out using a Moneygram, a check, or bank cards on a US sports betting site.

  • Poor Customer Support

Another major issue is finding it difficult to contact customer service when choosing an offshore betting site. The live chat support feature may also be occasionally unavailable. In addition, email responses may frequently be exceedingly delayed and problematic, according to most customer reviews.

  • Few Mobile Sports Betting Apps

The majority of offshore bookies neglect the mobile betting option. While the mobile sports betting website can be laggy and less responsive than it should be, do not anticipate finding separate apps for iOS and Android devices.

  • Delayed Payments

Many instances where bettors could not finish a transaction have been documented because the payments system was down. This is an issue that frequently occurs and will likely damage the gamers’ betting experience.

Offshore Bookies Licensing

Since its legalization in 2005, online sports betting has been safe in the UK. However, in 2014, remote gaming companies had to get proper licensing from the UK Gambling Commission to legally accommodate them to operate within its jurisdiction. Note that each gambling segment, including casino, poker, bingo, sports, or lotteries, requires its specific licensing form.

UK bettors who prefer playing on offshore sports betting sites to avoid the strict regulations provided by the UK Gambling Commission can do so legally. However, these platforms must be licensed by other reputable gambling regulatory bodies, such as the Malta Gambling Authority (MGA), Curacao eGaming Commission, Kahnawake Gambling Commission, Gibraltar Gambling Commission, and many others.

Offshore Betting Sites FAQ

Are offshore sportsbooks legal in the UK?

Yes. Although the UKGC does not license them, the best offshore sports betting sites have proper licensing from reputable gambling authorities. As a result, UK bettors can legally register and play on these platforms.

What is the max bet you can make on an offshore sportsbook?

The maximum amount of bets made on these platforms varies depending on the bookmaker