- What is Offshore Betting Site?
- List of World Best Offshore Sportsbooks
- BetOnline (Panama) – Best Welcome & Reload Bonuses
- Sports Betting (Panama) – Best Welcome & Reload Bonuses
- Bookmaker EU (Costa Rica) – Welcome Professional & All Line Starts Here
- 5Dimes (Costa Rica) – Best Sports Market Coverage & Reduced Juice
- Intertops (Antigua & Barbuda) – Longest History & Mobile Friendly
- Betcris (Costa Rica) – Best For Latin American Players
- Bodog (Antigua and Barbuda) – Most Popular in Canadian Market
- Bovada (Kahnawake Quebec Canada) – Most Popular in USA Market
- WagerWeb (Costa Rica) – Great Customer Service & Live Betting
- Pinnacle (Netherlands Antilles) – Welcome Any Sharps including Arbitrage Players
- SBO Bet (Philippines / Isle Of Man) – Best Asian Handicap
- MyBookie (Curacao) – Not for Professional & Too Many Restricted Countries
- Top Offshore Betting Sites Welcome Offers – How To Extract Cash From Them
What is Offshore Betting Site?
You may have never thought of using Offshore Betting Sites so far. If so, you have missed a lot of opportunities to earn an extra income consistently Even Risk-Free.
Why & How? We show you the list of Best Legitimate Offshore Betting Sites lucrative offers together with the abundant resources to explain “advantage play”.
Is Offshore Sportsbook Safe?
Offshore sportsbook provides you with various online gambling such as sports betting, casino & poker. The safety of offshore sportsbooks should be assured by both legality and financial health.
All the bookmakers we list here are not only licensed & regulated (mainly in Caribbean jurisdictions such as Curacao, Antigua, Panama & Costa Rica etc.) but also rated A+ in many reputable review sites.
One of the key aspects that have led to their success over the decades (many of them were founded in ’80 & ’90) is their financial standing.
So, when it comes to your any concerns related to the offshore business, the bookies listed here are the least ones you need to worry about, in short, the payout from these bookies are basically ultra-speedy & flawless.
How to Start an Offshore Gambling Site?
The process to open an offshore betting account is basically more or less the same as any other online registration though, the followings are the general process & points you may want to pay attention;
- Firstly, check if your residential jurisdiction is accepted by each sportsbook. If not, don’t register using VPN suggested by the irresponsible sites, because you need to go through the KYC process at some stage.
- Secondary, don’t overlook welcome bonus and check T&C carefully. Each site requires different conditions & possibly unique code as seen from the below list (if not shown, then not required), I know it’s boring but Must Do it.
- Thirdly, choose the deposit & withdrawal methods which best suit you (most of the offshore sportsbooks’ primary currency is USD). Given the convenience & cost-effectiveness, you may consider Bitcoin betting (deposit BTC, Play in USD & Cashout in BTC). All the sportsbook listed here accept BTC.
List of World Best Offshore Sportsbooks
Let me start up with the list of “Generous Promotional Offers Without Account Restriction”. Such offshore sportsbooks are suitable for Matched Betting & Sports Arbitrage & Value Bet On Proven Software / Tipsters (Handicappers) / Systems.
BetOnline (Panama) – Best Welcome & Reload Bonuses
- BetOnline was founded in ‘91 (online from 2001), fast-growing in the US and accept almost all countries in the world with the business principle of “1st priority Service over Sales”.
- Never Heard Any Account Restriction, relatively high wagering limit – worth noting that they allow re-bet on the same game which effectively allows you to circumvent limits.
- Excellent promotion especially permanent offers called “lifetime reload bonus”, yes you read it right “Lifetime” for both Fiat Currency & Cryptocurrency deposit.
- On top of the Crypto deposit shown in the right, for those who prefer Fiat Currency ($), enjoy 50% Welcome Bonus (code BOL1000) and 25% Reload Bonus (code LIFEBONUS)
- Restricted Countries: Australia, France & Panama
- With BetOnline, use this approach for US citizens to make decent profits from risk-free matched betting.
- Casino: Welcome Offer – 100% Deposit Bonus up to $3,000 (1st 3 deposits up to $1,000 each) Use code “BOLCASINO“.
Sports Betting (Panama) – Best Welcome & Reload Bonuses
- Sports Betting belongs to BetOnline Group and basically follow all BetOnline principles by accepting almost all countries in the world.
- Various promotional offers available, including the same Lifetime Bonus as BetOnline. However, limits could be lowered for obvious professional players.
- Most of the customers are said to come from the USA.
- One of the fastest paying offshore betting sites, same as BetOnline.
- In fact, everything is identical to Betonlie (can even describe Betonline Clone site), so if you’re satisfied with Betonline, strongly suggest you register Sports Betting as well to double all the promotional benefits.
- Restricted Countries: Australia, France & Panama
- For the offer, on top of the Crypto deposit shown in the right, for those who prefer Fiat Currency ($), enjoy 50% Welcome Bonus (code SB1000) and 25% Reload Bonus (code FORLIFE) See Promotion Page
- Casino: Welcome Offer – 100% Deposit Bonus up to $3,000 (1st 3 deposits up to $1,000 each) Use code “SBCASINO“.
Bookmaker EU (Costa Rica) – Welcome Professional & All Line Starts Here
- Bookmaker EU was founded in ‘85 (online from 2000), the biggest offshore betting site (especially the one for US market) providing Very Competitive odds with the slogan of “All line starts here”.
- Officially declares “cater to professional & recreational gambler alike”, the manager I spoke said, “We never fear professional”.
- Bookmaker EU payout is extremely fast.
- Various promotional offers are available including welcome bonuses 25 – 100% & reload bonuses 10 – 25%, depending on either cash or crypto and level of rollover requirements.
- Restricted Countries: France & Costa Rica.
5Dimes (Costa Rica) – Best Sports Market Coverage & Reduced Juice
- 5Dimes was founded in ‘96 (Online from 2000), run by one of the sharpest bookmakers the industry has ever known, many bookmaker review sites rank 5Dimes within top 3 constantly.
- Welcome high rollers & low juice up to 102.
- Probably the most extensive sports market coverage & wager type offered in the industry – you will find any sports event market all over the world / beware that their restriction policy on price trader seems to be tighter lately although we have never heard any real restriction so far.
- For the offers, several reward plans are available but you can choose only 1 reward. Reduced Juice Reward is a default setting for a new account and if you chose any other reward such as Free Play, you need to request it to the customer service (via Live Chat or Tel) within 24 hours after the deposit.
- Restricted Countries: UK, USA, France, Portugal, Hungary, Ukraine & Costa Rica
- 5Dimes is chosen as one of the suggested bookmakers for this betting system which is said to be most successful sports investment tool.
Intertops (Antigua & Barbuda) – Longest History & Mobile Friendly
- Intertops is one of the oldest sportsbook (back to 1983) officially founded in ’98 and known as one of the most mobile friendly online bookmaker sites.
- Various promotional offers are available including welcome bonus and regular parley free bet offer which you can lock-in profits via special methods (+ currently simple sign-up $20 free bet can also optionally be chosen).
- Restricted Countries: UK, France, Austria & Australia.
- Casino 25th Anniversary Special Offer – Bonus 1) 250% up to $2,500 use Code: “25THSB1” Bonus 2) $100 Freebie Code: “5THSB2” Valid until February 28th, 2021
Betcris (Costa Rica) – Best For Latin American Players
- Betcris was founded in ’85 (Online from 2000), Betcris’s “CRIS” stands for “Costa Rica International Sports”.
- Known for never showing professional players the door and welcomes sharp action.
- Offers among the largest payout limits in the business, the same level as Bookmaker.EU & even Pinnacle.
- Loyalty Offers with each level gain access to better odds with higher payouts
- Restricted Countries: Many (see the list), Betcris is suitable for Latin American (Central & South America) Players.
Bodog (Antigua and Barbuda) – Most Popular in Canadian Market
- Bodog was established by Calvin Edward Ayre in 1994 who has licensed brand to various companies including Mohawk Morris Gaming Group (but terminated in 2011) that operates Bovada which is exclusive for US citizens (probably the most popular online betting site in the US market – see details at the bottom of this report).
- Bodog is said to limit the professional punters but actually never heard of real limitation.
- Bodog is a soft bookie, slow odds adjustment good for matched betting or arbitrage.
- Restricted Countries: Bodog originally focused on the Canadian market but have gradually expanded into Europe & Latin America based on the brand-licensing model and difficult to catch up the latest status. So click Bodog and if you’re not blocked then assume you are allowed to open an account (Asian players may be navigated to bodog88 & for US Citizen who seek Bodog Casino, Ignition can be a solution).
When it comes to the list of “US Customer Exclusive”, which can be used for Matched Betting / Sports Arbitrage. However, the account restriction risk is high, thus see the 2 guides of How To Avoid Restriction & What To Do After Restriction at the end of this document.
Bovada (Kahnawake Quebec Canada) – Most Popular in USA Market
- Owned by Mohawk Morris Gaming Group (MMGG) that rebranded Bodog as Bovada in US Operation in 2011, and has become one of the most respected online betting brands in the US.
- Bovada is probably the most & best online sportsbook for US players (they currently don’t accept new registration from Delaware, Maryland, Nevada, New Jersey, New York, Utah and Washington State).
- Bovada is a soft bookie, slow odds adjustment good for matched betting or arbitrage, but their line is later than most of the other sites, so not suitable for value bettor who seeks the best price at an early stage.
- Their 4.9-6.9% fee for credit card deposit is a heavy burden, so bitcoin will be a solution.
- If the right box will not navigate to Bovada page, Click HERE
- Casino: Welcome Offer – 100% BTC Deposit Bonus up to $3,000.
WagerWeb (Costa Rica) – Great Customer Service & Live Betting
- WagerWeb was established in 1994 (Online from 1999), famous for its great customer service & excellent live betting offers.
- Accept US, Canada & a few South American countries.
- A bitcoin transaction is very smooth (deposits are credited before network confirmation) and the payout is always Free.
- Various promotional offers including Sports Weekly Cashback and 100% Bitcoin Bonus on Deposit Up to $500 as welcome bonus on top of the cash bonus explained in the right.
- Unique promotion feature is that you can choose your percentage, rollover terms & maximum bonus based on your betting priorities.
US Players Online Sports Betting Latest Status
Americans common questions are “Is online gambling legal in the USA?” & “Is it illegal to gamble online offshore?”
There are following 3 laws related to US online sports betting;
- (1) Interstate Wire Act called the Federal Wire Act, prohibits sports betting operator to offer interstate gambling within the USA.
- (2) PASPA (Professional and Amateur Sports Protection Act in 1992), which prevented states from offering legal sports betting.
- (3) UIGEA (Unlawful Internet Gambling Act) that 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 sites providing betting services in the USA means business, not an individual who places a bet on sports.
For (2), despite the facts that US Major Professional & Amateur Sports Leagues including NFL, NHL, MLB, NBA and NCAA have strongly opposed to sports betting legalization (BTW, NBA Commissioner Adam Silver publicly wants sports gambling legalized), on 14 May 2018, the Supreme Court struck down PASPA in the federal level, 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 card/cheque 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 American bet over $150 billion through offshore sportsbooks every year and we never heard a single case where an individual has been prosecuted for placing a sports wager offshore.
In summary, 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 you can keep using offshore sportsbooks without any problems.
But make sure, you use the offshore sites that have based in a jurisdiction where online betting is legal and regulated like the sites we list in this guide.
Now, let’s move to the list of “Provide Everything Professional Punters Need Without or With Limited Promotional Offers”. Such offshore betting sites are Suitable For Sports Arbitrage & Value Bet On Proven Software / Tipsters (Handicappers) / Systems.
Pinnacle (Netherlands Antilles) – Welcome Any Sharps including Arbitrage Players
- Started 1998, probably the world best bookmaker for professional punters
- Officially welcome educated professional – See this page where you find “Welcome Professional” policies, Encourage arb trading in their site.
- Famous for low juice operator in the industry means the most competitive offer to achieve high volume with low margin business model.
- Probably the highest wagering limit in the industry.
- Restricted Countries: US / UK / Ireland / France / Spain / Germany / Netherlands / Denmark / Poland / Slovenia / Chech Republic / Syria / Sudan / Turkey / Singapore / Korea / Philippines etc (see the full list in Pinnacle T&C 1.1.3)
- *Since this is Must Have for all Sharps, if you reside in the restricted countries, suggest you take a look at Our Solutions – you can use Pinnacle White Labels (means you in effect access to Pinnacle odds) supported by Pinnacle Solution.
If you wonder why we say Must Have for the Sharp, see our Pinnacle Full Review
SBO Bet (Philippines / Isle Of Man) – Best Asian Handicap
- Founded in 2004, said to be the punter’s dream same as Pinnacles mainly because high stake limit
- Welcome professional punters and allows arbitrage (bet one side only per match)
- Very competitive odds especially for Asian Handicapping
- Basically no promotional offers except welcome bonus which renew regularly
- However, if you reside in China, Indonesia, Malaysia, South Korea, Thailand & Vietnam, you will enjoy regular loyalty programs as well as 100% initial deposit bonus.
- Restricted Countries: US / UK / Ireland / France & Territories / Spain / Germany / Netherlands / Belgium / Denmark / Greece / Poland / Slovenia / Chech Republic / Syria / Sudan / Somalia / Libya / Ivory Coast / Nigeria / Turkey / Iran / Iraq / Afghanistan / Singapore / North Korea / Taiwan / Hong Kong / Philippines / American Samoa etc – Since SBOBet is a Geo-Blocking site, so if you can’t access to SBOBet Home, means your jurisdiction is not allowed.
- Better To Have for all sharps, and for those who can’t access due to the country restriction, consider Our Solutions.
Many of our members asked why we don’t list Mybookie, please find the reasons here.
MyBookie (Curacao) – Not for Professional & Too Many Restricted Countries
We exclude mybookie from our list due to the following key reason;
MyBookie explicitly reject Sharp punters by saying;
MyBookie is a world class sportsbook that caters specifically to recreational gamblers. We do not accept wagers from professional bettors, sharp side movers, syndicate or propositional players. MYB reserves the right to deny action or payments at any time. If any of these activities occur, then all plays will be void and the original funds will be sent back to the player.
People also often ask us “Which is better MyBookie or bovada? From our perspective, Bovad is obviously much better.
Top Offshore Betting Sites Welcome Offers – How To Extract Cash From Them
Now, let’s talk about how to turn the above offers of online betting sites into real cash.
Firstly, Betting is Not Necessarily Gambling, we do bet but Don’t Rely On Luck / Chance. We do 6 Advantage Plays based on Mathematical Edge to Beat the bookies, casino & bingo sites.
When it comes to the Sports Betting, we use Matched Betting, Sports Arbitrage & Value Bet On Proven Software / Tipster (Handicapper) / System as the underlying methods to extract profits Reliably with Completely Risk-Free or Limited Risk.
With that said, one of our policies is “Betting On Luck Is For Losers, Stop Gamble Betting But Bet on Only +EV (Expected Value)To Win Reliably. It is effectively our way to promote Responsible Gambling.
Our name of GEM (Global Extra Money) implies we want our readers to exploit extra money opportunities which are a risk-free or sure win in long-term All Over The World as you see in the next section.
Allow me to repeat that in case you haven’t, suggest go through :
I have to stress that especially the above Bitcoin Betting will pave the way for all US citizens and those who have limited access to online bookmakers to make thousands of extra income risk-free, Very useful, worth your time to check.
In Short, except 8 Countries (Cyprus, Poland, North Korea, United Arab Emirates, Singapore, Brunei, Cambodia) where on-line gamble is legally prohibited, all of you can make a profit from matched betting, see the above report for full details.
Full List of World Best & Worst Online Betting Sites
The offshore sportsbooks we have introduced in this document comes from the following 2 full lists (the bookies here are of course from best bookies list). These lists are important for advantage players, so whenever you have time, go through;
List Of Betting Exchanges & Alternatives For Those Who Can’t Access
And, in case you are not familiar with the betting exchanges, the below 2 documents will be of good help;
For those who can’t access to the 4 key betting exchanges, don’t worry, you can use “Bet Brokers”, which is practically a bookmaker alternate website. But you need to take a cautious approach given their small business operation, and there is No UK licensed bet broker which we are often asked. The following 2 documents will help you select the right one(s);
Account Restriction Strategies
Although the bookies we list in this document hardly restrict your account, their policy could change. If you keep exploiting too much value from the bookmakers, you may be gubbed, means your betting account will be restricted.
Actually, it’s just a matter of time before most of the soft bookies limit your account if you do matched betting without any precautionary actions. So, we have prepared the following 2 guides – One is Before Restriction, The Other One is After Restriction;
We believe the above 2 guides will help you keep exploiting unfair bookies, means will enable you to make money on the side reliably for long-term.
Finally, you may also want to explore the following 3 lists of the best gambling sites which can satisfy each player’s unique needs;
If you need any assistance from us, don’t hesitate to Contact Us.
Joshua Walker (bio)
Editor – Global Extra Money (GEM)