Global Sports Betting – Advantage Play Strategies
Global betting is exploring both domestic & international online sportsbooks + betting exchanges, which you can legitimately access from your jurisdiction.
Our edge is to make the best use of advantage gambling/play to make money reliably from global sports betting.
Global Advantage Play
Firstly, many people automatically think of Betting = Gambling. Big Misconception. We do betting but don’t count on luck or chance. Instead, we do 6 Advantage Plays based on mathematical edge to beat the bookies, casinos & bingo.
When it comes to Sports Betting, we use Matched Betting / Sports Arbitrage / Value Bets On Proven Tipsters to lock in a profit or consistently earn extra income for the long term.
As our name Global Extra Money (GEM) implies, we would like our readers to exploit such reliable money-making opportunities worldwide.
Since we do online betting, you can access legitimate betting sites from your PC as well as betting apps globally.
I summarized comprehensive tables showing you Which Countries can do Which Advantage Plays & How, in the “Conclusion” section for your convenience.
3 Sports Advantage Plays Progression Tactics
We draw scenarios of global betting assuming the players would pursue the 3 advantage plays of sports betting. We suggest people take progressive move as;
- Starting from Matched Betting (see Dummies Guide) / Sports Arbitrage (see Cheat-sheet for Dummies). Because these are basically risk-free and you can lock in profit from almost every bet. This means you can start safely, which will help change your mindset toward betting activities/gambling.
- Comparing matched betting & sports arbitrage, many people feel more comfortable starting matched betting first because you can do it easier with a smaller bank.
- However, these 2 methods could be more short-lived down the road due to the ever-tightening soft bookies’ account restriction (arbitrage is shorter-lived than matched betting). See the rationale in Know Bookies’ Business Model. Besides, these methods are all about scalping small margins. Therefore, people often feel frustrated with the limited profit scale in each bet comes of the risk-hedging nature.
- Thus, evolving into Value Betting On Proven Systems / Tipsters which with more scale & better efficiency for the long term, is a natural move as an ultimate betting activity.
Allow me to emphasize that the above progression tactics are logical and the safest approach for newbies. Please see the whole picture in 3 Advantage Gambling in Sports Betting – Guide For Ordinary People To Beat Bookies.
So, wherever you reside, if you’re new to Betting, suggest firstly seeking if you can start up with matched betting. Once you exploit these opportunities, you can move to value betting.
We will show you what you would need & how you can possibly pursue each advantage play successfully in the following sections.
Worldwide Online Gambling Law, Tax & Security
Law-Related To Legitimate Global Online Sports Betting
- All countries around the world have their own laws and legislation regarding gambling of all kinds. According to Simon’s Guide To Online Gambling Legal Status and Laws,
except for 8 countries in the world (Cyprus, Poland, North Korea, United Arab Emirates, Singapore, Brunei, and Cambodia), players gambling online have little to worry about.
Who Faces What Risk
- The blog continues that as a rule of thumb, governments mostly penalize illegally operating gambling firms and rogue online gambling websites but not the players. If you are playing online in the privacy of your own home, being prosecuted is extremely unlikely except in the above 8 countries.
- To check the detail of your own jurisdiction status, go interactive map (the below image) of the above blog;
- In short, unless you plan to start betting related business, realistically most of you are likely to bet online without any penalty. The issue is how you are able to open an account of the best sports betting sites you need for advantage plays.
Global Sports Betting Tax
The tax we refer to is only Winnings From Betting of individual punters and not the activities related to gambling provider/business. Simply put, there are only 2 options of gambling tax;
- No Tax – 100% exempted, typical case is the UK. It applies not only to casual punters but also to professional punters (those who use gambling income for a living). Because HMRC (UK tax office) does not recognize professional gambling as a taxable trade. See BIM22017 No single report is required.
- Levy On Net Winnings, the typical case in the USA. Only net winnings (total winnings – total loss) are levied. You basically can’t claim net loss aiming at any kind of tax refund, see IRS Explanation.
If your country is not listed then it’s likely gambling is not strictly legal and there are, therefore, no taxation laws.
As seen from the list, there are a variety of different attitudes towards taxation on winnings from different types of gambling. Looks like there are more no-taxation countries than taxation countries.
When it comes to specifically sports betting, taxation countries are the minority. So, for those who reside in the jurisdiction of No Tax but not have had a chance to do sports betting, it’s a good opportunity to make the best use of your government’s generous tax system.
Note
We are not in a position to make any tax advice to any of the readers, so please ensure you consult your qualified tax specialist before you take any decision on the tax.
Security & Caution
Each online bookmaker has its own policy regarding restricted countries, which may be different from the law. If you encounter the page below, your location is Geographically Restricted by the bookmaker a.k.a. Geo-Blocking;
You may want to use the Bookmakers Restricted Countries List, where you can check if you can access the specific bookmaker you intend from the jurisdiction you reside;
VPN (Virtual Private Network)
Some betting advice sites suggest VPN access to sign up for offshore bookies. Yes, you may be able to physically access, register & bet.
However, the bookmaker’s KYC (Know Your Customer) policy will force you to verify your account with ID (Passport / Driving license, etc), Address Proof (Utility Bill, Bank Statement, etc) & possibly Deposit Method Proof (Credit / Debit card Both Side).
Some bookies ask for it right after registration, some may not ask until you start withdrawal. In case you fail to verify, your account will be suspended & your winnings could be confiscated, which is a disaster.
So, don’t believe the rogue site’s unfounded story lightly. Unless you have a reliable person who allows you to use the above personal information willingly (probably only immediate family or extremely close friends), you’d better forget about this approach.
If you have such a reliable source then you need a reliable VPN. Based on our members’ feedback, this VPN is supposed to be the best from the viewpoints of the strongest security, high speed, versatility (accessible countries) & cost, for further details, see Best VPN For Betting – Why Sharp Needs Privacy.
Now, let’s move to the specific tactics on each advantage play.
Global Sports Betting – Matched Betting
What You Need for Global Sports Betting Matched Betting
In order to make money from matched betting, you need Soft Bookies, Betting Exchange & Basic Tools;
Soft & Sharp Bookmakers
Broadly speaking, there are 2 types of bookies of Soft & Sharp bookies, for details, take a look at Beat The Bookies By Knowing How Your Enemy Makes Money – Secret Of Odds. But very quickly, we can characterize each bookie as;
- Soft bookies: Targeting Casual Punters – Run a lot of promotion / Odds adjustment is relatively slow / Impose account restriction (gubbing)
- Sharp bookies: Targeting Professional Punters – Highly competitive odds / High staking limit / Never impose account restriction
We Need Soft Bookies For Matched Betting
- The profit source of Matched Betting is bookies’ bonus / free bet, namely welcome offers to new players & recurring offers to existing players.
- Besides, bookies’ slow odds adjustment enables you to improve profit. Therefore, you need to access Soft Bookies based on Promotion Driven Business Model.
- In fact, the majority of online bookies are such Soft Bookies.
- On top of the above Bookmaker’s Restricted Countries List, you may use Bookmakers By Each Country, which lists nearly 150 countries. It shows the most popular bookies in each jurisdiction although it is not necessarily available as seen from the below screenshot. Nevertheless, it’s a good source.
Betting Exchange
- The established betting exchanges are Betfair, Betdaq, Smarkets & Matchbook. (see their latest offers). In short, you need a betting exchange to cover all the outcomes efficiently for a risk-free transaction.
Basic Tools
- Although you can do matched betting manually, basic Tools, such as Odds Matcher & Matched Betting Calculator will save you time a lot. You can search the matched betting opportunity and calculate lay stake & predicted profit very easily. There are free tools as well as paid advanced tools.
Process, Available Alternative Site Options & Software Tools
Prerequisite
Firstly, check your accessibility to the soft bookies. If none, then forget about this opportunity (honestly, except for the 8 countries that ban online betting, I believe everybody can do matched betting by using this approach).
Anyhow, as said at the beginning, we would never suggest VPN tactics (except Bitcoin Betting Sites). Although there is very little chance of being prosecuted, the risk of financial loss (the confiscation of your fund or forfeiture of your winnings, etc) is too big.
If you have a decent number of accessible soft bookies, go next step. Well, you may ask, how many are a decent number? Theoretically, you can do it when you can access even only 1 – 2 soft bookie(s). For example,
Both BetOnline & Sports Betting (BetOnline Group) have just a few restricted countries and accept many players including the US. These Caribbean bookmakers (Panama) provide a lot of juicy offers, especially for US players and hardly gubb your account. High-quality oddsmatcher such as Oddsmonkey (see our review) cover Betonline and always captures a lot of good opportunities as below;
You can check the available offers from the best sports betting sites, go & check 19 World Best Offshore Betting Sites Offers.
Anyhow, as long as the bookmaker offers you a welcome bonus, you can construct the matched betting Without Any Cost as being explained later. It is just a matter of how you value the return on your time.
For the method which will apply to the wider geographical area, Bitcoin Matched Betting will give you a solution.
Betting Exchange Access 1 – Bet Broker Service
If you can’t access a betting exchange, consider using a bet broker. A bet broker is a middleman between you & the offshore bookies & betting exchanges which you can’t usually access due to geographical location.
It’s a convenient service but you’re not depositing money to established bookmakers & betting exchanges, so you need careful risk management. Therefore, before opening any accounts, strongly suggest seeing our Honest Opinion About Bet Brokers & How To Use Them Safely & Smartly.
As long as we see, the following 2 betting brokers are the proper candidates because they cover at least 1 betting exchange;
They run Get 20% on your 1st deposit up to €400 offer, check a promotion code.
They provide exclusive bonuses to GEM readers Get Permanent Cashback or 1st Deposit Bonus (click each to confirm promotion code).Betting Exchange Access 2 – Betfair White Label
As briefly noted, the above 2 bet brokers enable you to access Betfair which is the world-leading betting exchange providing the largest market coverage & highest liquidity.
Although Betfair restricts many countries, they started actively exploring missing profit opportunities in those restricted countries by providing a White Label solution. This means people can enjoy exactly identical Betfair platforms under the re-branded site.
It’s typically described as “Powered By Betfair” on the site where Betfair white label approach is used. We have separately issued the report of Betfair Alternatives – Select The Best Option To Suit Your Unique Needs, which introduces the below bet broker on top of the 2 brokers already mentioned;
Bet-Football (they are a bet broker that offer also Betdaq, Matchbook exchanges as well as various sharp bookies) – UK, France, Turkey & USA Not allowed 
Betting Exchange Access 3 – Pinnacle
If you can access Pinnacle, the world’s best sportsbook for professional punters – see full details of this excellent bookie in our Full Review. You can use it as an alternative to the betting exchange. How? Take a look at Pinnacle Arbitrage – Alternative to Laying on Exchanges.
Even if you can’t access it directly, all the betting brokers provide you with a Pinnacle account. In any case, using Pinnacle as an alternative to bet exchange will definitely expand your matched betting options.
Betting Exchange Access 4 (Last Resort) – Bitcoin Betting Exchange Sites
For those who can’t access Betting Exchange by any means of the above methods, the last resort is to use Bitcoin Betting Exchanges, there is a following established Bitcoin Betting Exchange (for full details, check Bitcoin Betting Guide) ;
FairLay
- License: San Jose Costa Rica, and founded in 2013 (originally in London)
- Trustworthy Operation receiving regular independent audit on a full reserve of the customer fund – see Proof Of Reserves
- Commission on winning: 0.25%
- Market Coverage is quite good including horse racing (see the below screenshot)
- Obviously the highest liquidity
- Only e-mail (on top of setting up User Name & PW) is required as personal information to open an account
- Restricted Regions: UK (Only Binary Market), USA, Costa Rica, Iran & North Korea
- Start: Register
- License: San Jose Costa Rica, and founded in 2013 (originally in London)
- Trustworthy Operation receiving regular independent audit on a full reserve of the customer fund – see Proof Of Reserves
- Commission on winning: 0.25%
- Market Coverage is quite good including horse racing (see the below screenshot)
- Obviously the highest liquidity
- Only e-mail (on top of setting up User Name & PW) is required as personal information to open an account
- Restricted Regions: UK (Only Binary Market), USA, Costa Rica, Iran & North Korea
- Start: Register
Matched Betting Basic Tool – No-Cost Tactics
If you can access both Soft Bookies & Betting Exchange, you can start matched betting immediately. For the basic tools, use Free Matched Calculator & Free Oddsmatcher. This free oddsmatcher covers around 80 bookies, If your bookmaker is not a part of it, you need to seek the opportunity manually.
BTW, for those who are not familiar with matched betting, you can learn from Matched Betting Guide & Quick List of Matched Betting Instructions.
For beginners to intermediate level, access to our Free Program of GEM Extra Money Program £/€/$ 50,000 Conquest. It’s a well-designed practical course for any of you to make a profit from all the 6 advantage plays as long as you follow the instruction.
Matched Betting Basic Tool – Advanced Tactics with Paid Premium Service
If you’re seeking premium matched betting service including sophisticated ACCA software, the below 3 are the current best choices (one of the benefits to using them is 0% Betting Exchange Commission thanks to their partnership with Smarkets, Matchbook & Betdaq. Only with this, you can cover years of their subscription fee.);
- Oddsmonkey – Full Review “Full Inside Analysis Through The Founder Interview“
- Profit Accumulator – Full Review “Should We Believe 20,000 Members’ Earning Claim? “
- Profit Maximiser – Full Review “The Engineer Of Matched Betting Success, Still Good?”
- And – Comparison among 3 premium services
If you live outside the UK/Ireland, check;
- 1) Australia – see Matched Betting in Australia – Why Bonusbank?
- 2) DACH (Germany, Austria & Switzerland) Region – Matched Betting in Germany – Use DoppelWetten
- 3) Rest of the world including the USA & Canada – Matched Betting Anyone in the World incl. USA
Matched Betting Alternative Method
We have discussed the process between soft bookmakers & betting exchanges. However, you can make it between bookmakers without involving a betting exchange, which is called Dutching Betting.
The above 3) software uses mainly ditching, that’s one of the reasons why it enables almost all players in the world to enjoy matched betting.
Global Sports Betting – Sports Arbitrage
What You Need For Global Sports Betting Sports Arbitrage
In order to make money from arbitrage betting, you need Both Soft & Sharp Bookies and High-Quality Tools;
- Soft Bookies: Same as what we explained in the matched betting.
- Sharp Bookies: Represented by Pinnacle officially promote Sports Arbitrage on their own website & Asian Giants including SBOBet, and MaxBet (former IBCBet) – a few of them are included in our List Of Best Sharp Online Bookies In The World (in this guide, we share the best option which is actually not a bookmaker but a bet broker, it’s a Must See for arb players / sharp punters).
- Arb Finding Software: The flash odds changes do prevent you from making a decent profit if you search arb opportunities manually or with free software that gives you only obsolete information. Therefore, investing in quality software is essential. What you need is arb specialized software or oddsmatcher (see Sports Arbitrage Option section)
Process, Available Site Options & Software Tools
Prerequisite
Same as matched betting, you need soft bookies. But this time we don’t need their promotional offer but use their slow odds adjustment. This is because the profit source of Sports Arbitrage comes from Market Inefficiencies that creates under-round condition when we cover all the outcomes of a sports event.
This means we locate an arbitrage opportunity when bookmakers present different but sufficiently high odds on each side of an event. That often happens between a soft and a sharp bookmaker. It is difficult to place arbs among only sharp bookies because they are very fast at adjusting odds. Therefore, we need both soft & sharp bookies.
So, again if you’re not able to access soft bookies, it’s better to skip this advantage play. Because keep chasing arb opportunities among sharp bookies or with just a few soft bookies most probably just waste your time.
Considering the cost of a high-quality software subscription, we would say you need at least 10 soft bookies to make a decent profit.
Sharp Bookies Access – Direct Sign-Up or Bet Broker Service
As briefly said, the sharp bookies are from Asian & Caribbean Regions. Let me list up the names;
Click each bookie’s name, and if the “Rejected” message like below doesn’t come out;
then, you may possibly (not guaranteed) be able to register directly;
- Asian Region – MaxBet (Former IBC Bet) / SBOBet (Philippines) / Bet ISN (Philippines)
- Caribbean Region – Pinnacle (Curacao) / Bookmaker EU (Costa Rica) / BetAnySports (Costa Rica)
When it comes to Asian Bookies & Pinnacle, even if you can open an account directly, you may consider using Bet Brokers. You can place a bet at multiple sharp bookies via a bet broker’s single account, which is very efficient.
Their platform automatically selects the best odds among the sharp bookies for you. See the list of Bookies each bet broker covers as follows;
- Asianconnect – Pinnacle / SBOBet / MaxBet / GA288 / Bet ISN / Sing Bet
- Sportmarket – Pinnacle / SBOBet / MaxBet / GA288 / Bet ISN / Sing Bet / MMMBet / CMDBet
However, again, before opening an account with any bet broker, take a look at Honest Opinion About Bet Brokers & How To Use Them Safely & Smartly.
Arbitrage Finder – Software
First & foremost, the ideal tool is the software specialized for arb findings. The best and the most widely used (over 100,000 users worldwide including Antarctica, not kidding) is RebelBetting. See our full review of; RebelBetting Review – Truth About World Best Sports Arbitrage Software.
Sports Arbitrage Instruction
If you can access both soft & sharp bookies, you are ready to start sports arbitrage. Just in case you are completely new to the arbing, suggest you take a look at Is Sports Arbitrage 100% Risk-Free Surebet?.
If you know the basics, just follow Sports Arbitrage – Cheat Sheet For Dummies To Be Seasoned Arber Overnight.
Arb Alternative Method
Use Betting Exchange
We have suggested that, among the 3 advantage plays, people should start matched betting first if possible because of the easier process with a lesser chance to make mistakes.
Then, for those who already do Matched Betting, you can use a betting exchange for sports arbitrage. High-quality oddsmatcher like Oddsmonkey can always capture arb opportunities (simply put, it is the condition of higher backing odds at a bookmaker than laying odds at a betting exchange).
For further details, take a look at Arbitrage Betting – Use Exchange & Extend Matched Betting Profits
These sports arbitrage tactics will expand your matched betting profit.
Use Pinnacle
If you can use Pinnacle Bet (see our review of Is Pinnacle Bet Really Best for Sharp Punters?), see Pinnacle Arbitrage – Alternative to Laying on Betting Exchange.
In case you can’t access Pinnacle, use the above Betting Brokers that offer Pinnacle Whitelabel.
Global Sports Betting – Value Betting Without Hedge
Actually, the advantage play is pursuing a positive EV (Expected Value) opportunity that is a Value Bet. Both Matched Betting & Sports Arbitrage are based on value betting, and since we use hedge namely betting all the outcomes, thus we can secure profits without risk.
On the other hand, Value Betting Without a Hedge is not risk-free, we have to prepare for Variance but as long as you take only Value Bet (+EV), you will not lose but surely be profitable in long term.
Unlike matched betting & sports arbitrage which scalp a lot of small earnings, Value Bet’s ROI is much bigger without a hedge and thus much more efficient.
For this particular rationale, take a look at Value Bets Finder – List Of The Best Value Odds Software.
What You Need – Value Bet Without Hedge
In order to make money from Value Betting, you need Sharp Bookies or Bet Exchange & Proven Software / Tipsters / System.
Sharp Bookmakers
- We don’t need to repeat this, you can check the current availability in your country and how to access them if they are not available from the matched betting & sports arbitrage sections above.
- Or, go to List of Sharp Sportsbooks for Professional Punters for your convenience.
- Besides, you can use Reduced Juice sportsbooks, check Best 7 Reduced Juice Sportsbooks for full details.
Betting Exchange
Allow me to emphasize the below point I said in 4 Best Betting Exchange Sign-Up Offers with Cash Extraction Process, that the back odds at the exchange are theoretically (practically almost without exception) higher than conventional bookmakers because;
- Generally speaking, punters at betting exchange work at a low margin because they compete with each other, especially on the lay bet side. You can observe it in the overround % displayed at each back & lay odds in each market. On the lay side, it’s often less than 100% that is under-round. Considering the fact that bookmakers’ over-round of 10% < is not unusual, the odds at an exchange are much better than the bookmakers even deducting 2 – 5% exchange commission.
- In bet exchange, back & lay adds are determined by market demand, and these 2 odds are displayed side by side. Needless to say, back odds are always lower than lay odds. It is not necessarily the gap between these 2 odds that is very narrow but reasonably close. Then, when the bookmaker’s odds become higher than the betting exchange back odds, arbitrage conditions can possibly be created. Therefore, betting exchange back odds can’t be lower than the bookmaker’s odds.
- See the below snapshot of horse racing at the odds checker table. The best odds are dominated by the bet exchanges of 3 columns at the right end;
The bottom line here is for those who bet on top-rated tipsters/systems, may find even better odds at exchange than the tipster’s suggested price of conventional bookmakers.
Proven Tipsters (Handicapper) / System
There are hundreds of Self-Claim Excellent “Tipsters” or Tipster Ranking Sites ratings based on ROI. However, it’s said that the majority of such top tipsters give you disappointing results. Why? For a few simple reasons, they cheat the records or manipulate the record, or we don’t know how to correctly read/interpret the records.
The bottom line is that many people fail to identify the true ability of each tipster. We summarized 3 Methods To Eliminate Fake Tipsters & Select Genuine Best, where you will find;
- Betting Tipster Survivorship Bias
- 2 Basic Misleading Elements – Length of Records & Long or Short Odds
- 2 Ways To Check Credibility – Closing Price & Randomness
If you want to conduct detailed DD (Due Diligence) on individual tipsters, a full checklist is available in Value Bet By Proven Best Tipsters Guide.
World top-notch Software, Tipster & System
Prerequisite
Unlike matched betting & sports arbitrage, you don’t need tens of bookmakers. You can sign up at least a few sharp bookies, which everybody in the world can do either directly or via bet brokers as already explained.
The most important & hardest task is finding a truly excellent value bet finder/tipster (handicapper) / betting system. You can look for the one through your own research using the above methods & checklist.
But, we will provide you with the below 4 systems based on our years of research & experience, which may save you time. The first 2 are Value Betting Finding Software (you can use Soft Bookies as well), then followed by a Human Tipster rating service, and finally Human & Machine Integrated System;
Trademate Sports Value Bet Finder Software – For Worldwide Players
Trademate is a Value Bet Finding Software, founded in Noway in 2014. Many of our members reported “Consistent Earnings Without Any Single Losing Month”. We examined Trademate Core by ourselves and we now feel it’s a Genuine Long-Term Solution for everyone seeking solid monthly extra income. Check our review and their site
Especially for US Players
We strongly urge all US bettors to check Value Betting USA – Trademate US Sports Software Assessment which shows how we achieved over $12,000 in pure profits with a $3,600 starting bank after placing 5,000 Bets based on LLN theory.
RebelBetting Value Bet Finder Software – For Worldwide Players
As already introduced in the Sports Arbitrage section, RebelBetting is famous for the Best Sports Arbitrage Software and they extended their expertise into Value Bets Finder. Needless to say, their proven technology has been well integrated into this Value Betting Software. See our review and check their site
SBC (Smart Betting Club) Human Tipster – For The Players in UK / Europe
SBC is not a tipster but a tipster proofing & rating institution and probably the most reputable rating service supported by a frequent quotes by media in this industry. Their primary region is UK & Europe. Please take a look at our Secret Betting Club Review – Inside Analysis Of Ultimate Sports Betting Method
- Their Hall Of Fame Tipsters (top 22+ tipsters) are the results of SBC’s over decade’s proofing & rating work, of which rating criteria are very strict. Therefore, their top-rated tipsters have a large chance to be sustainable in the long term.
- Many members report over £10,000 in profit last year from SBC service, strongly suggest reading the above review for full details.
ZCode System Human & Machine System – For The Players Anywhere In The World
ZCode is probably one of the most successful sports investing systems in the world with global betting tips. Their priority area is US’s 4 Major sports (also cover soccer & horse racing) that are being used by punters worldwide. ZCode system comprises Computer Automated Tips based on a huge database & Human Expert Tips. Please take a look at; ZCode Review – Full Inside Analysis / Founder Interview / Secret Of Winners Worldwide.
- All of their tips are publicized on the private site & forum, thus being verified by thousands of members.
- Actually, their records are verified publicly all the way back to 1999 by back-testing and also forward testing, of which significantly large databases prove authentic & reliable numbers.
- The tips are produced based on the analysis of over 800 parameters and their rating on all different strategies enables the members to choose the best-fit tactics from 120+ available systems.
- All of their quoting prices is Pinnacle, which gives a good base for better profit in the long term.
Global Betting – Conclusion
US Betting Regulation Updates
Allow me to share the latest USA sports betting legality for US citizens. There are 3 laws related to US online sports betting as follows;
- (1) Interstate Wire Act a.k.a. the Federal Wire Act, prohibits sports betting operators to offer interstate gambling within the USA.
- (2) PASPA (Professional and Amateur Sports Protection Act in 1992), prevented states from offering legal sports betting.
- (3) UIGEA (Unlawful Internet Gambling Act), prohibits financial institutions from knowingly accepting or processing payments for wagers deemed to be illegal according to federal or state law.
For (1), it targets betting businesses providing betting services in the USA, not an individual who places a bet on sports.
For (2), despite the fact that US Major Professional & Amateur Sports Leagues including NFL, NHL, MLB, NBA, and NCAA have strongly opposed sports betting legalization except for NBA Commissioner Adam Silver who publicly wants sports gambling legalized, the Supreme Court struck down PASPA in the federal level on 14 May 2018, so now the legality depends on each state. Check here for the latest legal status of each state.
For (3), UIGEA restricts offshore bookmakers to accept credit cards/cheques from Americans, but cryptocurrency like BTC is a loophole (see Bitcoin Betting).
Most importantly, there is no single federal law that specifically makes it illegal for US Citizens to bet online offshore. Therefore, tens of millions of Americans bet over $150 billion through offshore sportsbooks every year.
The bottom line, check the status of online sports betting in your state and if it’s legalized you may want to use the sportsbooks that are already regulated, or/and you can keep using offshore sportsbooks without any problems.
But make sure, you use offshore sites that have based in a jurisdiction where online betting is legal and regulated like the sites we list in this offshore best sportsbook guide.
Cryptocurrency Betting for Global Players
As briefly said before, cryptocurrency betting will pave the way for many restricted countries with successful advantage plays, suggest you go through;
Esports
Besides, if you’re an Esports lover,
- Free Download Esport Investing Bible – “What You Ought To Know To Make Serious Money By Betting Esports”
- World’s 10 Best Esports Betting Sites to locate the sportsbook that satisfies your unique demand – all the sportsbooks we list in the guide accept Bitcoin.
Global Betting Final Summary
Finally, let me summarize;
- Except for 8 Countries where online gambling is banned, you can do global sports betting advantage plays.
- Matched Betting – Every punter can do it & if it’s worth doing or not depends on how you value the return on your time, namely productivity.
- Sports Arbitrage – Every punter can do if it’s worth doing or not depending on the expected net profit (profit – software subscription cost) & profit is subject to the number of accessible bookmakers (need at least 10+ soft bookies & 2-3 sharp bookies or betting exchanges). USA punters may want to take an opportunistic approach without paid software to secure profit.
- Value Bet (Software / Tipsters) – Every punter can do and this is the category US bettors should take up & take advantage of the global advantage play.
The below tables give you a quick picture of the above;
Global Sports Betting Table 1
| Method | Restricted Countries | |||||||
| Soft Bookies | Use All Accessible Bookmakers | Online Gambling Banned 8 Countries (Cyprus, Poland, North Korea, the United Arab Emirates, Singapore, Brunei, and Cambodia) | ||||||
| Sharp Bookies |
|
| ||||||
| Betting Exchanges |
|
| ||||||
| Software / Systems | Matched Betting Package Service / Arb Software / Value Bet System, Software & Tipster (Handicapper) | None |
Global Sports Betting Table 2
| Matched Betting | Sports Arbitrage | Value Bet on Tipsters | |||||
| 8 Banned Countries | – | – | – | ||||
| USA | Use RebelBetting Software | Use Caribbean Bookies & Bitcoin Betting Sites for Both Soft & Sharp Bookies Without Paid Software | Use Zcode / Trademate Software + Caribbean Sharp Bookies | ||||
All Other Countries
| Software Optional
| Quality Software is Must Use Asian & Caribbean Sharp Bookies as many as possible either directly or via Bet Brokers
| Select Quality System Use ZCode for every punter in the world & Asianconnect Piwi247 package Use Trademate Finder Software for every punter in the world Use SBC for UK & European Punters |
If you need any assistance from us, please contact us anytime, we will get back to you as quickly as possible, usually within less than 24 hours;
Hope this report will help you Create More Extra Income.
Good Luck!!
Joshua Walker (bio)
Editor – Global Extra Money (GEM)
Comment