No matter what part of the world you call home, you are likely surrounded by sports. Most countries around the world play sports at a professional level with extreme regularity, which gives bettors endless opportunities to capitalize on their knowledge of the games, sports, leagues, and players. Sports betting has long been in existence, but with the advance of the internet and mobile technology, it has never been easier to place wagers on sporting events.
If you are new to sports betting, this page is aimed at giving you a better understanding of how things work. Placing wagers on sports is a fun way to make watching a match or game exciting, but without the proper caution is something that can also land you in a good bit of hot water.
It may seem that there are no safe online sports books that still accept Americans. That is far from the truth. There are many quality sports betting sites in the U.S. market. These sites accept a wide array of sports bets, from straight wagers to parlays, teasers, live betting, and entertainment props.
Each of the sites described below has at least one method of payment that arrives in less than a week after a cashout is requested.
Bovada might be the best known and safest U.S. sports betting site. Its root go back to its sister site, Bodog. The company was founded by Calvin Ayre. In addition to being a heavyweight in the sports betting world, the company spreads the largest U.S.-facing online poker network.
Bovada offers several convenient deposit options. While Mastercard and Visa deposits are accepted, the best way to get funds onto Bovada may be cash transfer. Western Union and MoneyGram are companies that handle these types of transactions. Bovada will pay the fees on deposits of $300 or higher made via cash transfer. These fees will appear in the bettor’s account at the sports betting, casino, or poker site, when received by the company.
Depositing is easy at Bovada, but withdrawals are probably easier. Players receive one free check each month in amounts up to $3,000. Additional checks have a $50 fee. These arrive in less than one week.
Western Union and MoneyGram transactions have a fee of 10% for large transactions and 20% for smaller ones. These are processed in just a day or two. Bovada also offers credit card refunds. The fees are about the same and the transactions are processed just as fast.
5Dimes is another trusted U.S. sports book. Tony may be the best known sports book manager in the world. He offers payouts through a variety of methods that include cash transfers and check via FedEx. Deposits are available by credit card and cash transfer. Live betting and competitive lines are also spread through 5Dimes.
Bookmaker is the U.S. arm of Betcris. Great lines and live betting are offered by Bookmaker. There may not be a stronger sports book that still accepts bets from Americans. Deposits are available by Visa, Mastercard, and Western Union. When you win, withdrawals are paid by a house debit card that may be used in any ATM machine or store that accepts Visa. Players can receive a free check up to $2,995 one time per month. These arrive in one or two weeks. Players that want to receive more than $2,995 per week can pay $65 to receive a check by FedEx. Another option is Western Union, which has a 15% fee. These arrive in 1-3 days.
Intertops took the first online sportsbook ever on January 17, 1996. A savvy gambler laid $50 to win $2 on a huge soccer favorite. Intertops proved its technology worked and paid the bet when it hit. It has been a driving force in the U.S. sports betting market ever since.
Intertops now accepts new U.S. players from 43 states. This was a change of policy as it stopped accepting Americans for nearly four years, while at the same time allowing its existing customers and invited players to join the action. Intertops offers an exclusive online poker room, casino, and sports bets that range from straight wagers, parlays, as well as live betting.
Intertops pays Western Union withdrawals in a day or two for a fee of about 15%. Checks are delivered in about a week in amounts up to $3,000. The fee is $50. Bank wires have the same fee, but the max cashout is $2,500 by this method.
Now that you know just a little bit more about the global sports betting landscape, it is only right that we discuss how you can go about selecting a site at which to play. Most often, choosing the site at which you would like to begin placing wagers is up to personal preference more than anything else. If you are an avid soccer fan who only likes to bet on the hottest football matches, then you should choose a site that is more geared towards soccer—which many are. On the contrary, if you are someone who generally bets on a lot of different sporting events, like the NHL or even NASCAR, you will want to choose a site that is geared towards a wide variety of sports. By simply browsing a specific site or by reading reviews, you can gain a fairly immediate idea of whether the site in question is up to your personal standards or not.
No matter what the site is, you should always be reading reviews and customer testimonials. People are often so excited to sign up, deposit, and begin betting that they do not find out about a particular site’s deficiencies until it is far too late. Reviews exist to help you weed through the hundreds of sites without having to visit each one individually.
Another factor that plays into the process of selecting a sportsbook for some people is the promotions offered to new players and recurring players. Promotions are aimed at helping you dtretch your money further, and a lot of bettors love taking advantage of these. While most sites do offer attractive bonuses (especially for new players), these bonuses are not at all created equal, which is why you must put in a little time doing some research.
These are just a few of the ways by which you can choose a sports betting site, but its really all dependent on your personal preferences. By putting in a little bit of time doing research, you will be able to pick a site that is best geared towards your specific style of betting.
We touched on this in the previous section, but it is worth talking about in a bit greater detail. For anyone who is new to a particular sportsbook, you, before signing up, will be presented with countless bonus offerings claiming that they can double, triple, or otherwise boost your initial deposit. In some cases, the bonus structure of a site might give you bonus monies before you ever make a deposit.
Bonuses and promotions come in many shapes and sizes and are all different. While one site will offer you a first-deposit bonus that will double your initial deposit, another may offer a bonus that gives you the ability to place free bets. As if it hasn’t been made clear already, bonuses, like the sites they are offered by, are never the same. You need to make sure you read all the terms, conditions, and wager requirements before signing up for a bonus. While most bonuses are aimed at boosting your player balance, those that are handled incorrectly may come back to hurt you. For example, in some cases, if a wagering requirement is left unfulfilled, the player in question will lose any and all bonus monies that they have worked to accrue. This is just one example, but by trying to use a bonus in a way that is not approved you are really running the risk of losing that bonus altogether.
Just as it is with any other aspect of online sports betting, choosing a bonus is something that should only be done after extensive research. By putting in the time you will ensure yourself that the bonus you choose is not only the best one for you, but one that can actually help give your bankroll a boost.
While betting on sports is fun, anyone who partakes in such an activity always has the end goal of being paid. At a casino, getting paid for a winning bet is as simple as walking to the cage and walking away with your money. Online, however, receiving your winnings is a bit more of a process, although most often a simple one.
For anyone who is looking to be paid for winning bets, you must first consult the site at which you are playing. Every site has different methods of paying their players, so it is best that you familiarize yourself with these methods before attempting to make a deposit. Really, you should be taking note of payout rules and regulations before you ever sign up and place a bet, though few people do this.
Most often, players are able to receive their winnings by a mailed check. Having a check mailed to your home is often the easiest, most straightforward way of getting paid, but also tends to take the longest. In addition to having a check mailed to your residence, you are also able to be paid by way of wire transfer directly to your bank account. This is an easy way of being paid, but the fees associated with this method are often enough to drive most people away. Other sites, most of which do not cater to a US-based betting audience, utilize e-wallets such as PayPal, Moneybookers, or Neteller as a means of paying bettors. This is by far the easiest, fastest way of being paid, but is not relevant to most US bettors.
Once again, researching all payout options and associated fees is something you should do before ever signing up and depositing at a particular site. As has been a recurring theme, no two sites are ever exactly the same with regard to how they handle paying out winnings.