Sports Betting-Continued Growth - Offshore Bookies
Still the Best Option
The sports betting
industry continues to grow every single year and it grows in large numbers. The
amount of gamblers and the amount of money spent each year is staggering and
it’s a world-wide phenomenon. American players hit the jackpot this year when the
US Supreme Court ruled that sports gambling was no longer illegal and that
every state now has the discretion to authorize and regulate sports gambling.
This is a boon for the online gambling fan. Why? Before this decision, using
the offshore bookies was thought of as a gray area, one that was sort of legal
but yet sort of illegal and at the same time the US government could do nothing
to stop it. Not only could they do nothing, they never bothered to do anything.
What were they going to do, send the FBI chasing people in all 50 states for
$100 here, $500 there and so on and so forth? Come on, of course they were not
going to spend millions trying to recoup hundreds in possible IRS payouts.
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Twenty years ago offshore
gambling had just found itself and was new. It took off like gangbusters in the
Americas and Caribbean. Today, the anatomy of gambling has changed forever and
the offshore bookies set the standards in nearly every category that one can
imagine. Lines and odds are no longer
dictated by Vegas, Vegas follows the offshore guys.
Many states are in the
works to start offering sports gambling and that’s a great thing, it’s a fun
thing and who doesn’t like to get away on a Saturday and go have some fun in
the casino and sportsbook? More power to these guys that are willing to put up the
money in hope that the crowds will come beating down the door. Here is the
problem; they still can’t compete with the offshore sports books on any level. The offshore guys are willing to give
huge sign on bonuses. Where will you find this in a brick and mortar? Nowhere.
The new guys just opening up certainly can’t afford the risk of giving away
money so the client can potentially beat them. Think of a bank, any bank—Bank
of America, do they offer new clients $1000 and then tell the client, if you
can make money off this loan, then feel free to do so, you do not have to pay
us back until you have made money and if you should happen to lose the money
before seeing a profit, then that’s ok, you never have to repay us? They
absolutely do not say this and they never will. This is exactly what the
offshore bookies are telling their clients.
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The offshore bookie have
much more in the way of betting options, such as live lines and props, special
teasers, reverse action round robins, and much more. The brick and mortar
bookies offer some of these options on a limited basis but nothing like they do
online.
Having several online
bookmakers is a great idea because
that gives you even more wagering options and you can play better numbers with
one bookie and play against yourself should the need arise. You can play live
lines and make a fortune. In Vegas, this doesn’t work at all and even thought
some of the biggest sportsbook in the world have tried it, it’s a disaster.
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With the offshore guys you
can win a lot, there are no taxes and you sit back and enjoy the action from
your couch. There is no need to go somewhere and put up with rude people and
rude bettors. Even though it may be fun to hit a real live casino every now and
then; serious players will always prefer the offshore bookmakers.
