How to Pick the Best Offshore Sportsbooks

How to Pick the Best Offshore Sportsbooks

Selecting the best offshore sportsbooks is extremely important for sports bettors. We’re going to analyze exactly how to pick the best offshore bookies based on numerous factors.

The “best sportsbook” can vary based on the individual bettor’s preferences.

Do you only bet on a single sport or betting market? Do you want to use a specific payment option? Do you want the best betting odds? Perhaps you only care about getting paid quickly?

These are all important questions to ask yourself when choosing an online sportsbook.

The online bookies are a dime a dozen and sorting them out can be daunting. There are great ones and there are some bad ones and then there are some downright scams.

Choosing a sportsbook may seem like an easy decision but the best advice is to investigate, read a review or two and know what you are getting into before taking the plunge.

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What Are the Most Important Factors When Selecting an Offshore Bookie?

Unsure what factors are important when choosing an offshore sportsbook? We’ve compiled the most important factors we consider when joining a new betting site.

  1. Reputation of the Sportsbook Owners and Management Team

Your first step should be analyzing the reputation of the sportsbook. This is the ideal first step, as sports bettors can easily eliminate any bookies with a questionable history or management team.

A lot of unethical offshore sportsbook operators will simply close up shop and move to a new brand after ripping off players. Knowing who will handle your money is vital information.

  1. Payment Options, Fees and Timeliness of Withdrawals

The next step is to research the sportsbook’s banking features, including the deposit/withdrawal options available to players, what fees are charged and how long it takes to receive a payout.

  • Payment Options: Ensure the payment method you want to use is available. If a player wants to use Bitcoin for instance, a sportsbook without cryptocurrencies simply won’t suffice.
  • Deposit/Withdrawal Fees: Understand what fees, if any, you’ll be required to pay when making a deposit or withdrawal. Some sportsbooks charge exorbitant fees.
  • Payout Time Frames: Find out how long a payout will take to process and receive. This will vary based on the method utilized, but the goal is to eliminate slow-paying bookies.

Bonus Tip: Don’t deposit your entire bankroll when joining an offshore sportsbook. You can always deposit again, but it’s a wise decision to limit the amount of capital you allow a bookie to hold.

  1. Availability of the Sports and Betting Markets You Require

If you only bet on NFL spreads, availability won’t ever be a problem. However, if you enjoy betting on player props or other alternative betting markets, not every bookie will match your requirements.

The good news is you can analyze the betting board at every offshore sportsbook before making a deposit. This will allow you to find out whether the bets you want to make are available or not.

  • Mobile Betting: On the go a lot and need mobile betting capabilities? If this sounds like you, make sure the offshore sportsbook has a mobile-friendly website that’s easy to navigate.
  • Live Betting: Place most of your bets after the game has already started? Live betting is a fast-growing segment, but not all bookies offer extensive live betting markets.
  • Horse Racing Betting: Do you enjoy playing the ponies? If so, the best sportsbook will have an online racebook where you’ll be able to bet on dozens of international tracks.

The goal is to find the top offshore bookies based on your needs and no one else.

A bookie may be popular with the majority of sports bettors, but if they don’t feature the markets you want to bet on, what good is that? Always remember, this is about your preferences.

Bonus Tip: As you become more comfortable betting online, you’ll find that having accounts at multiple sportsbooks is ideal. Bookie #1 may have the best player props markets, but Bookie #2 features more extensive teaser betting markets. Having accounts with both is fine in this case.

  1. Sports Betting Bonuses, Promotions and Loyalty Rewards

Casual sports bettors love bonuses and promotions. While this shouldn’t be a deciding factor when picking an offshore sportsbook, it’s definitely a feature many bettors will look at.

The reason this shouldn’t be a determining factor is because unethical offshore sportsbooks will offer huge bonuses to entice players to deposit with zero intention of paying out winners.

However, if a bookie checks all of the other boxes, it’s worth analyzing the promotional schedule to determine if you can get some extra value out of your bankroll by participating in special offers.

The best offshore sportsbooks offer bonuses, contests and loyalty rewards.

There are too many unique examples to discuss all of them, but one of our favorites is “Gamblers Insurance”, which allows a bettor to get a percentage of their losses back at the end of the month.

  1. What Betting Lines Are Offered and When Are Odds Posted

Lastly, you want to analyze the betting lines offered and when they’re posted.

  • Betting Lines (Commission/Vig): The standard line for a 50:50 bet is $.20 (-110/-110), which means bettors need to wager $11 to win $10. This is known as the commission or vig.

Finding the best odds for the bet you want to place is important and discussed thoroughly on every sports betting website, but getting the best odds is only good if you know you’re getting paid.

Over the years, there have been lots of offshore bookies that entice players with low vig lines, just like they do with bonuses. However, these shops often close up without paying players.

Once you have 3-5 exceptional offshore bookies to wager at, that’s when line shopping comes into play. You can shop for the best line from the best offshore bookies that you have accounts with.

  • Betting Odds Post Time: Generally, the earlier betting lines are posted, the more exploitable they are, so it’s nice having a couple bookies that post opening lines early.

A savvy sports bettor will be able to take advantage of opening lines before the market moves them and this is why you don’t want to wait for bookies that post lines too late.

Finding the Best Sportsbook Is All About Identifying Your Needs

A bookie’s reputation and timeliness of payouts are the two most important factors when selecting a sportsbook to wager with, but after that, it’s all about your specific needs.

You may require multiple offshore sportsbook accounts to meet all of your needs, which is great, as you’ll be able to shop around to always get the best line for your wagers.

Keep in mind, you’re not forced to wager with any sportsbook. If you’re unhappy with anything, there are thousands of other offshore bookies fighting for your business.

Now that you know what to look for when picking an offshore sportsbook, we want to wish you the best of luck with your betting adventures. Remember, if it’s too good to be true, stay away.