Thanks to the evolution of high-speed Internet, the industry of online wagering has become increasingly popular. US punters can legally access online sportsbooks due to the location of the bookmakers being offshore.
Locations for online sportsbooks are in places like Panama and Costa Rica. This makes it possible for the betting sites to offer a safe haven for US players in a safe and secure environment.
Millions of players from all walks of life access these portals on a daily basis and any who possesses a fair amount of skill may very well walk away a winner. Betting sites are not created equally, this much should be clear. There are a handful which seem to stand out from the rest due to their size as well as their unique features.
Let us take a look at what many consider to be the best online sportsbook sites as well as some of the amenities that each will offer. We will focus on three of the main sportsbooks first.
Betonline.ag: Fast Payouts, Big Welcome Bonuses
Players within the United States can place wagers and enjoy betting at BetOnline. This is not always the case with other platforms, as their jurisdictions will vary widely. It is currently licensed out of Panama and this site has been operational since 2004. Thus, it is one of the oldest still in operation. This provides an extra sense of reliability.
US players can access a good choice of relevant sports. These include Baseball, American football, Basketball and Hockey.
Another benefit associated with BetOnline is that numerous payment options are supported through its electronic transfer system. Some of these include:
All major credit cards
It is also notable to mention that Bitcoins are accepted and this is one of the first sites to embrace this form of cryptocurrency. This is another reason why many consider BetOnline to be the biggest sportsbook in the United States.
It is actually quite interesting that Bovada can trace its history as far back as 2000 when it was associated with the domain name Bodog.com.
However, legal issues forced the company to change its online branding in 2011. This is an international site but once again, it tends to focus upon players from within the United States. It is not currently available in all states and this primarily depends upon jurisdictional laws.
For instance, Bovada cannot be accessed in Delaware, Maryland, Nevada or New York. It is still worth mentioning that besides the kaleidoscope of sports that members can encounter, there are a host of bonuses available for both new and existing customers.
Some examples here include:
A welcome bonus of 100 per cent (up to an initial deposit of $750 dollars).
Rewards for referring a friend.
Cash-back offers for those who access the site from their mobile device.
All major credit cards are accepted and rapid electronic wire transfers are available as well. Bovada does accept Bitcoins as a payment option.
Those who are looking for the best online sportsbook bonus offers are advised to examine this portal in greater detail.
Unlike the other sites that we have examined up until this point, MyBookie is rather new to the industry. It was formed in 2014 and since this time, it has begun to enjoy a solid reputation.
Although some may be turned off by portals with little history, the fact of the matter is that a wide range of options are available for those who register with MyBookie. Their sign-up bonuses are particularly generous and feature first-time matched deposits (a maximum of $1,000 dollars), 25 per cent “reload” bonuses (up to $500 dollars) and daily rebates as high as seven per cent. Those who refer a friend will also enjoy loyalty rewards.
MyBookie accepts numerous payment options for players within the United States. Some examples here will include (but may not be limited to):
Visa and MasterCard
Unfortunately, they currently do not accept E-Wallet as a payment option. The fees associated with a transfer are variable and they tend to increase as the amount of funds being sent or received rises.
In terms of the number of sports available, MyBookie certainly stands out from its competitors. Football, soccer, baseball, hockey, motor sports, horse racing and tennis are a few options to choose from.
Such a diverse platform is certainly advantageous for those who have been searching for an all-in-one portal. In the same respect, there are countless betting options to select such as straights, open wagers, reverses and round robins.
Players who are looking to hone their skills at one of the best online sportsbook sites would do well to examine this site in closer detail.
These are currently some of the biggest best online sportsbook sites in existence which accept customers from around the world. However, please keep in mind that this article is only a general overview.
It is always wise to visit each portal in question to observe the latest bonuses and rewards. By performing the proper amount of research, you will be able to select the website that best suits your unique requirements.
Best Online Sportsbook Sites Bonuses & Rollover Explained
Let's look at the bonus structure offered by the best online sportsbook sites above and explain how they work.
I'm going to use the $1000 bonus offered by BetOnline.ag as an example. The rules will provide a general benchmark for most of the other sportsbooks.
The great advantage about choosing the Betonline bonus is that it is available on EVERY future deposit not just your first one. So you gain the bonus again and again.
Terms and Conditions of the Bonus Example
A deposit of at least $55.00 is required to qualify for the bonus.
On every qualifying deposit you will receive a 25% bonus.
These are the deposit methods you need to use to qualify: Credit Cards, WesternUnion, MoneyGram, Skrill, Neteller and Bank Wires.
Deposits made from within the sportsbook, for example from the Casino section to the Sports do not qualify for the bonus.
The maximum amount of the bonus per deposit is $1,000.00.
The Rollover is 6 x (six times).
Use this Promo Code: BOL1000 in the cashier when making your deposit.
You must use any existing free plays already in your account before claiming any new free plays.
The Lifetime Bonus Guarantee is non-transferable.
The free plays you earn are for use in the sportsbook only. They can not be used in the Racebook, Casino, Poker, Live Betting or on Skill Games.
Rollover Explained – Requirements and What they Mean
I'm going to use the Bovada Rollver terms as an example to explain how it works, as Bovada and Bodog have one of the lowest this also helps. It's x 3 for the sportsbook.
The Rollover requirement means that you have to bet the total amount of your deposit including the bonus money by the amount of times stipulated in the terms. In this case it is 3 X on Sports betting.
Bonus you would get on that deposit would be $25 (25%)
Total amount you have to Rollover: $125
Rollover x 3 on Sports betting: $375
So now you have bet a total of $375 you can safely withdraw your bonus and any winnings of course.
Make sure you do this and don't withdraw before these bonus terms are met otherwise you could lose the bonus part.
That concludes are list of best sportsbooks online we hope you find the one right for you and enjoy all the great and rewarding sign up bonuses. Head over to our new betting sites page for all the latest free bets and bonuse for all UK players.