Why Offshore Sportsbooks Are Out Performing Land-Based Betting Shops?

Back in May 2018 when the United States Supreme Court lifted the federal ban on sports betting, it was expected that it would mark a new dawn for sports betting in the United States. Well, a lot of good things came from the decision but it is safe to say that the country is yet to fully realize all of the benefits of its very large and extremely lucrative sports betting market.

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Even before the abolishment of the Professional and Amateur Sports Protection Act (PASPA) Americans were already indulging in sports betting activities. This was mainly thanks to the existence of a plethora of offshore online bookmakers that were ready and willing to accept players from the United States.

These offshore online bookmakers were making a killing before the federal ban on sports betting was lifted and even after that, they continue to outperform the country’s land-based betting shops.

But why?

The Law and Circumstances

Even though the federal ban on sports betting is no longer an issue, many states across the country have still not made the move to legalize sports betting within their borders. In many of those states, sports betting enthusiasts have no other option to turn to than the offshore sportsbooks. While many states are still pondering over the issues, most people are simply not willing to wait that long.

Even when considering the states where sports betting has been legalized, there are a few that are yet to legalize online bookmakers. Needless to say, online gambling is a huge part of modern gambling activities, and restricting people to land-based betting shops was certainly bound to be a bit of a problem.

Nothing proves this better than the ongoing pandemic that has rendered most public places including casinos and retail sportsbooks inaccessible. The only options that gamers in such places have been left with are offshore online sportsbooks most of which have been operating even during the pandemic.

Moreover, playing at offshore online sportsbooks is not explicitly banned in many states across the country. Players, therefore, do not have to worry about getting into any trouble for enjoying placing bets on their favorite sports and teams.

Soccer and Other Sports Options

Soccer, one of the most popular sports on the planet, if not the most popular one, is not quite as popular in American sportsbook as the NFL and the NBA. Even so, there seems to massive interest in the game from the American audience and hence the need to be part of the gaming action has always led bettors to offshore sites where soccer is one of the betting markets on offer.

Soccer aside, several other sports are rarely, if ever, included at the land-based sports betting venues in the United States. Since they are tailored specifically to cater to international betting markets, offshore sportsbooks have always strived to include as many betting markets as possible which is more than compelling enough to steer gamblers towards them.

The Competitive Odds

In the United States, many of the sports betting operators have to deal with the costs of local licensing fees as well as the pretty high taxes on their revenue. These costs are often passed on to the customers and this is done by featuring slightly worse odds.

Offshore sportsbooks do not have to deal with the local licensing fees and the high local taxes and are thus able to offer up very competitive odds. Now that is hard to ignore. Their odds are often crafted to entice you into playing with them so you can always expect them to be very reasonable, to say the least.

The Mind-Blowing Reward Schemes

Bonuses and promotions have grown from being just extra features offered by casinos to being vital features. Not only do they play a huge role in customer acquisition but they are also key to customer retention. As mentioned earlier, offshore sports betting sites rarely need to deal with exorbitant taxes and can therefore offer up some very generous bonuses and promotions to their customers.

It is safe to say that most, if not all, sports betting shops in the United States do not come even close to offshore sports betting sites when it comes to offering mind-numbing rewards to their customers. These juicy offerings are irresistible.

The Convenience

This goes hand in hand with the fact that retail sports betting shops can be rather hard to reach depending on different circumstances. Playing online is not only very easy but it is also incredibly convenient compared to visiting a land-based sportsbook.

The convenience that we are referring to further extends to such things as payment options as well. Unlike the case in land-based sports in the United States, offshore sportsbooks allow their customers to use a wide range of payment options including traditional ones like credit cards, debit cards, and bank transfer as well as newer or modern options like e-wallets and even digital currencies.

Knowing that you will not be barred from betting on your favorite sports activity just because the payment method you prefer is quite impressive. This is a big win for most of the offshore sportsbooks we have come across.

Are They Worth It?

Many people have been led to believe that offshore sportsbooks are not safe and cannot be trusted. Contrary to those sentiments, some offshore sportsbooks can easily be said to be the safest ones to play on. The fact that they are not certified or regulated by local gambling authorities does not mean that they are not regulated at all.

In fact, most of them have certifications from some of the most reputable third-party auditors and regulators. They also have licenses from reputable regulators which is proof that they have met all the standards as far as customer safety is concerned.

Most times, it will come down to preference. We know most people still love going to land-based betting shops to enjoy the lively atmosphere at those places. However, as it turns out, they are not as many as the people who flock to offshore gambling sites.

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