- Offshore Sportsbook Review
- Offshore Sportsbook Reddit
- Offshore Sportsbooks Ratings
- Offshore Sportsbooks Legal
Offshore Sportsbooks The world of sports betting has changed quite a bit throughout time. From some of the first bets placed at the Roman Coliseum, to the innumerable amount of top rated offshore sportsbooks that exist today, bookmakers have changed drastically. But the change isn’t necessarily a bad thing.
- Offshore Sportsbooks The world of sports betting has changed quite a bit throughout time. From some of the first bets placed at the Roman Coliseum, to the innumerable amount of top rated offshore sportsbooks that exist today, bookmakers have changed drastically. But the change isn’t necessarily a bad thing.
- Any sportsbook that is located in an offshore location (Gibraltar, Panama, Macau, etc.) can be called an “offshore bookmaker”. When compared to other bookmakers, they have no special difference that concerns the end-user in terms of the services they offer.
- Bookmaker is the largest outfit based in Costa Rica. They have 25+ years in the business and were one of the first companies offshore. Bookmaker has a huge betting menu, offers racebooks rebates.
For sports betting fans around the world, finding a reliable online sportsbook can either be very easy or very costly or sometimes both! Making the wrong decision on which online sportsbook to invest your money with can not only cost you a ton of money, it can cause you major headaches! I think we can all agree that winning large bets and never getting paid, is neither fun or exciting!
This is why we have made this article to explain to you what to look for, online sportsbooks that we feel are reliable and those that have their issues.
Sportsbook Review List
Choose the Right Online Sportsbook
Before you sign up for an online sportsbook, you need to ask yourself a few simple questions. What will you be wagering on and does the sportsbook I am considering, have this type of wager. If you are a football player in the fall/winter and enjoy playing the prop plays, find out if your online sportsbook has that type of wagers.
Don’t just assume that the sportsbook will have those types of wagers because the reality is that not all sportsbooks hold that type of wager. Therefore you want to make certain that you do your due diligence and find those sportsbook that take the type of wagers that fit your betting style.
How Long Has the Online Sportsbook Been in Business?
One of the first questions you should want answered when picking an online sportsbook is “How long has the online sportsbook been in business”? Mostly all online sportsbooks will list their information in the ‘About’ section of their website. Some will say it in the ‘About’ section and other websites will say it on the front page footer of the website.
Now, one thing to watch for is online sportsbooks that stretch the truth. Many online sportsbooks will want to embellish the date to make it appear that they have been around longer than they truly have. Some terms to look for are, “We’ve been in the business”, “Our staff has been in the business since” and “we have over 20 years of experience in the business”.
When companies say these type of statements, that doesn’t mean that the actual company has been in business, it simply means that some people that work for that company have been in the business for that amount of time. Use caution with those types of companies and don’t get suckered into believing they are more experienced than they truly are.
What Is Their Reputation in the Online Sportsbook Industry?
All though you shouldn’t rest your head on this, finding out an online sportsbooks reputation in the industry is fairly important. The old saying, “Where there’s smoke, there’s usually fire” is true somewhat in online sports betting. If you do a easy Google search on a company and see complaint after complaint and a majority of the complaints are on the same topic, you should walk the other way…scratch that, you should run the other way!
If you are seeing article after article and they all say the same thing, then chances are the company has issues and should not be trusted. There are a ton of options out there, why risk it with a company that has constant complaints?
Does Your Online Sportsbook Have a Mobile Platform?
This was not as important in year’s past but nowadays, we all like to wager on our mobile devices. Therefore, you want to make certain that your online sportsbook has a mobile platform that will allow you to wager anywhere, at anytime!
Does Your Online Sportsbook Have a Live Betting Option?
Once again, this is something that is rather new as Live betting hasn’t been around very long but it is a great option to have in your betting toolbox. If your online sportsbook doesn’t have a Live Betting option, chances are they are behind the times and I would suggest you avoid them.
Are You Able to Contact Customer Service?
Any reliable company will have the ability to contact Customer Service. It doesn’t matter if it is a simple email or a telephone number, you want to look for companies that make their Customer Service available 24 hours a day, 7 days a week so that when those difficult issues arise, you can get on the phone or a chat window or email and have someone readily respond to your concerns.
What Deposit Options Are Available?
When you are looking for an online sportsbook to sign up with, one of the most important items to consider is how you will make a deposit? You want to make sure you check to make sure that you are able to make a deposit.
First off, if you do not already have Bitcoin, you should seriously consider starting to purchase Bitcoin. Bitcoin is truly the future of sports wagering as it is a digital currency that is accepted around the world and many of the online sportsbooks. Bitcoin affords you the opportunity to make deposits, as well as get paid from, various online sportsbooks in a complete anonymous manner that is safe, secure and discreet.
Now, if you choose that you don’t want to use Bitcoin, and want to use a major credit card, there are a few things to consider. First, many local banks will not allow international charges as a safety measure on your bank account. That means you will not be able to use those debit card Visa and Mastercards.
That does not mean you can’t use a credit card, it simply means you need to double check with the bank to determine if they will allow international and charges that are not native to the United States. If you find that you can’t use any of your credit cards, one other option that you can use is by purchasing a prepaid credit card at your local grocery store like Walmart, Target, etc. Using a prepaid credit card will be a little more expensive and is truly not recommended but it is a last ditch option if all else fails. Please keep in mind that if you do choose this route, you will need to keep that credit card because if you win, most online sportsbooks will prefer to refund the initial amount onto the original credit card that was used.
Offshore Sportsbook Review
There are also other options that should be available to you such as person-to-person money transfers, checks, and money order deposits.
Offshore Sportsbook Reddit
Do You Get a Bonus for Signing Up?
No matter if you’ve been in the sports betting industry for a month, a year or 10 years, we all like getting free money so when you are signing up for a new online sportsbook, you should definitely look for the best options available for bonuses.
Offshore Sportsbooks Ratings
A majority of online sportsbooks will offer you some sort of bonus structure as they are trying to earn your business! They all know that they are in a tough, competitive market that relies heavily on giving out bonus money to build their clientele. Don’t leave that extra money on the table. Look around and find what is best for your pocket and get your best bonus.
How Long Does It Take to Get a Withdraw?
One of the best feelings in the world is cashing that big play and double or tripling your money. But with that being said, one of the worst feelings in the world is finding out that it can take you 3 weeks to get your money that you have just won!
Before you join with any online sportsbook, find out exactly how long it will take to get your money! If you have to wait several weeks to get your money, look elsewhere. It shouldn’t take you a month of Sunday’s to get you winnings.
After a couple emails from readers who were contemplating offshore betting we decided to write this piece. We are calling it “the complete guidebook to betting offshore” and it has already been recognized as one of the finest pieces of information on the topic of offshore sports betting throughout the betting community. Most of our readers already know why you should be placing your bets offshore, bonuses, convenience, reduced juice, etc. etc. but a lot of players simply are confused on how to do so. After reading this piece of literature you will be fully prepared to start offshore internet betting.
The first step is to choose a quality online sportsbook. This is the most important piece of betting offshore. There are over 1000 internet sportsbooks out there today, most of which are low quality books that don't deserve your action. You always want to stick with the big boys, books that have a good reputation, excellent customer service, and that are rock solid financially. Lets face it after you win, you do want to get paid quickly and hassle free. If you don't know which books are quality, well run businesses, we do have a sportsbooks section which lists some of the superior offshore sports betting books we personally bet at daily. All of the books listed on madduxsports.com are top notch and include a sportsbook review so you can see all their company information, bonus plan, and contact information.
If there is an offshore betting online portal you are considering playing at, but isn't reviewed or recommended by Maddux Sports, you can check out a website called sportsbookreview.com for a letter grade. They are one of the few honest review sites out there that doesn't have an agenda or favoritism towards certain books. We must warn you though; these days there are plenty of sportsbook review sites on the Internet. Most of these websites are owned by sportsbooks or affiliates and the advice or suggestions they provide should be deemed biased.
After you have found the book that suits your betting needs, you are going to need to sign up for an account. This is a pretty simple process; they will ask you for your name, address, to create a password, etc. etc. They ask you for the pertinent information, if you have ever made a purchase online it is the same type of deal. If you are not all that Internet savvy, most books will allow you to call their 800 number and setup your account over the phone. But again the online signup process is pretty straightforward.
After you have registered for an account, you are going to need to deposit funds into the offshore betting account. Different books offer different deposit options so you will need to see exactly which methods your book does offer. Each book is different but normally clicking on the cashier or the deposit link will inform you what methods they accept. The most common ways to deposit are bank wire, western union, visa, mastercard, and money transfer through online companies like neteller, and moneybookers.
Bank wire is pretty self explanatory; you transfer funds through your bank account to the sportsbook to start betting.
Offshore Sportsbooks Legal
For western union, you will need to contact the sportsbook and request the receiver's information. You will need their name, city, country, and zip/postal code. They will remind you to add your account number when you send the funds to speed up the deposit process.
Visa and Mastercard deposits are a little trickier. The first problem with credit card deposits is some banks have stopped allowing deposits to offshore betting sites. It all depends on the website and your issuing bank if a credit card deposit will work. Quite frankly credit card deposits are becoming a thing of the past since they always don't go through and the maximum deposit is usually pretty low.
As much as credit card deposits are a thing of the past, money transfer through neteller, and moneybookers are the ideal way to deposit these days. Much like paypal, (who no longer accepts online gambling transfers) these 3 companies allow you to send and receive money to online merchants instantly. You transfer funds to your neteller, moneybookers, or firepay accounts via your bank account and than use that money to deposit at the sportsbook and start betting offshore. Signing up for either one of the accounts is a simple task and takes just minutes to do so. You can click on any of the links above to visit each website and see which one you are most comfortable with. If you don't know which one to choose our personal preference is Neteller. We have been using Neteller for a few years now and in our opinion is the easiest and fastest way to send funds to and from a sportsbook.
Betting Offshore
Okay so now you have selected a sportsbook, signed up for an account, and have money available to start betting, what's next? Well clearly it is time to start placing your wagers. Each sportsbook has an easy to use wagering menu. It should be clean and concise so placing bets can be made swiftly and with ease. Most books will have it setup where you need to enter your password or initials to verify your wager. This avoids any misplaced bets or mistakes you may have made. After you have verified your wager you will be able to hit the pending wagers or open bets link and see all open wagers you currently have.
Once the game you bet on is over, you will be able to login and see your new account balance. The bigger books are pretty good at grading wagers within a half hour after the sporting event has ended. Some are quicker, some slower, just all depends on the time of year, the sport the wager was placed on, how busy they are, and how many graders the book has working. It is recommended to record all your offshore betting transactions in a log to track performance, betting trends, and any information you may need to look back on someday. This is not essential but highly suggested by Maddux Sports.
Okay so you have picked a few more winners than losers and would like to collect some of your winnings. It is time to request a payout. Most of the offshore betting parlors offer 1 free payout a month. Again some books may give free payouts for only certain withdrawal methods while others may offer free payouts via all methods. This all depends on the sportsbook and you should be able to view all their fees via the website. Please note if you deposited via credit card, it is mandatory for the sportsbook to credit the full amount of the deposit back onto your card before any other method can be used to receive money. Just another reason why credit card depositing, should be a last resort in terms of depositing. Stick with neteller or a cashiers check as again these are the easiest and quickest ways of getting your funds.
That pretty much sums up the offshore betting process in a nutshell. We thank you for taking the time to read our guide to betting offshore. If you still have any questions feel free to shoot us an email and we can help you through the process the best we can.