This year, the Super Bowl was full of cardboard posters that sports fans could purchase to “virtually” attend the game. Maybe you purchased your own poster or perhaps you thought the idea was a bit silly. Whatever the case is, though, it shows that live betting is changing on a fundamental level.
Throughout the 2020 playoff season and the first quarter of 2021, online sports betting sites have surged in popularity. Whether you’re into basketball, football, soccer, tennis, or boxing, you can join several different betting sites that offer an online sportsbook– a ledger where gamblers can bet on the outcomes of major sports and events.
Today, we’re about to show you exactly how sportsbook betting works and discuss the legality of online betting sites, online gambling, and how you can get started and place your first bet on an NBA, MLB, NFL, or whatever game you want.
Let’s jump in!
Can I Bet on Sports Online Legally?
In the old days, you could attend your favorite sports pub and place bets and wagers with your local “bookie.” The bookmaker would show you several different offers and bets you place based on whatever team was playing. Then, the players could sit back, have a few beers, and pray that the odds were in their favor.
Unfortunately, though, the pandemic shut down many of American’s favorite sports pubs. Instead, they had to watch their favorite games from home, and many had to forego their usual wagering activities. That is until sports betting sites came along. These online gambling platforms allow customers to bet on live sporting events and some even offer credit to their best customers.
The real question, though, is- is it legal?
Technically no– bookmaking and sportsbook gambling is not legal if you’re doing it on U.S. soil. However, the key term is “U.S. soil.” The best online gambling sites are not based in the North American continent.
Instead, they operate out of foreign countries where betting on horse racing, sports, and casino games is completely legal. Some of them even offer a convenient mobile platform to make bets easier!
What Is an Online Sportsbook?
An online sportsbook is essentially a list that shows all of the upcoming games and events that bettors would want to bet on. They typically show the track record of the teams playing, which team is the favorite, and allow gamblers to select a point spread so that they can gamble on their own terms.
As long as the conditions are met, the winning users receive their payouts instantly via Bitcoin or a cash payout into their account. Depending on which site you’re using, you’ll usually be able to select from a wide range of sporting events that are ongoing around the world. Some even offer the opportunity to engage in “live betting” during the match. Just remember that this kind of “on the fly” gambling can be a little risky. If you are going to do this sort of thing, you need to work with a good handicapper. Check out Doc’s Sports for some.
How Online Sportsbooks Work
If you’re new to it, then an online sportsbook may seem a bit complicated. However, they’re actually pretty simple once you get the hang of it. Essentially, you’re just betting on the odds that your choice of team is going to win. It’s the same as if you were to visit a Las Vegas casino and place wagers at the ticket booth.
For example, let’s just say that you’re viewing an upcoming NBA match (Team 1 vs. Team 2). The ledger will usually show you which team is the favorite and that team will have to win by a certain number of points (the spread) in order for it to be considered a win.
This means that you could potentially wager on the losing team and still win- if the favorite team didn’t win by a certain number of points. This is often how winnings are distributed when there is a tiebreaker.
Are Sports Betting Sites Legit?
You’ll probably come across a number of different sites offering an online casino and various sports betting opportunities. Most of them also offer promotions and bonus offers to first-time users (especially if you make your first account deposit using cryptocurrency). They usually offer quick payouts as well.
However, before you deposit your hard-earned money, you’ll want to ensure that the online casino is legit first. We typically recommend BetUS.com.pa as the best online sports betting site.
However, there are some others that you’ll find. In most cases, your odds of winning are the same, so it doesn’t matter too much which site you use. The top online platforms offer odds that are favorable and include some bonuses and promotions as well.
How To Find A Good Online Sports Betting Site
If you want to find a highly rated betting app, then you’ll want to sign up with a site that has a solid user base and has received good reviews in the past. Make sure that the app offers good payouts, doesn’t require an extensive credit check, and has fast loading speeds. You’ll also want to choose a site that is based out of a foreign country so that you’re not breaking the law.
As long as the platform satisfies these conditions, then you’re safe to make a deposit and start placing wagers!
