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Best Sports Betting Sites For US Players

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Best Sports Betting Sites For US Players

The top sports betting sites in the US are available right here and you could get in on the action. Find out what the best sportsbooks are in 2023!

Best Sports Betting Sites
Best Sports Betting Sites

Is your online sports betting experience leaving you wanting more recently? Chances are, you haven't found the perfect sports betting site for your needs and preferences. Each online sports betting platform offers something unique, whether it's bonuses or additional special features that enhance your betting experience.

Whether you value sports offerings, online sports bonuses, customer support, or various game types when looking for the best sports betting sites, you are bound to find something for you on this list. With online sports betting growing in popularity, finding platforms that suit your needs can take time and effort. This is why we've taken the liberty to provide you with the best online sportsbooks in the US.

Not only have we provided some incredible online sportsbooks, but we've also covered exciting topics such as:

  • Completing a Deposit
  • Completing a Withdrawal
  • How to Claim Multiple Bonuses
  • Creating a New Online Sports Betting Account
  • Placing Your First Bet

Top Online Gambling Sites for American Bettors

If you want to jump to the best sportsbook for you quickly, check out the main features of our top 8 sites:

  1. BetOnline : Best for US Sportsbook with Live Betting
  2. Sportsbetting.ag : Excellent Customer Support with Top-Notch Agents
  3. Bovada : Amazing Bonuses & Regular Promotions for Sports Bettors
  4. GTbets : Great Betting Odds & Fantastic Sports Betting Markets
  5. MyBookie : Great Innovative Betting Features in the US
  6. Xbet : The Most Interesting Cryptocurrency Betting
  7. BUSR : An Amazing & Massive Sign-Up Bonus
  8. Everygame : The All-Time Best Mobile Sports Betting

Best Sports Betting Sites: Our Top Picks

Let's review the top online sports betting sites and describe what they are good at in the US:

BetOnline : The Best Sports Betting Site with Amazing Live Betting

BetOnline : The Best Sports Betting Site with Amazing Live Betting
BetOnline : The Best Sports Betting Site with Amazing Live Betting

BetOnline Information:

  • Welcome Bonus Offer 1: Up to $1,000 on your first deposit
  • Welcome Bonus Offer 2: Up to $1,000 on your first crypto deposit
  • Established In: 2004
  • Owned By: Privately owned, CEO: Eddie Robbins III
  • Licensing: Panama Gaming Control Board
  • Legal: Yes
  • Betting Types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
  • Available In: All states except New Jersey
  • Platforms: PC, mobile
  • SSL Encryption: Yes
  • Support Channels: Live chat, email, phone
  • Rating: 9/10

BetOnline is an excellent online betting site that offers a wide range of sports to bet on. Some popular sports for online sports betting include:

  • Basketball
  • Football
  • Baseball
  • Golf
  • Hockey
  • Martial arts
  • Tennis
  • Soccer
  • Lacrosse

To make online betting even more exciting the site offers live betting options to make online betting even more exciting. Although sports betting is the main focus of BetOnline, the site also offers other casino and poker games.

BetOnline’s welcome bonus consists of a 50% welcome bonus for new bettors, up to $1,000. Additionally, the site also offers regular promotions and bonuses for loyal bettors.

Customer support is also top-notch at BetOnline. They offer 24/7 customer support via phone, email, or live chat.

For the best live betting odds, join Betonline.

Sportsbetting.ag : Excellent Customer Support for Some Amazing Experiences

Sportsbetting.ag : Excellent Customer Support for Some Amazing Experiences
Sportsbetting.ag : Excellent Customer Support for Some Amazing Experiences

SportsBetting.ag Information:

  • Welcome Bonus Offer: Up to $1,000 welcome bonus
  • Established In: 2011
  • Owned By: BetOnline brand
  • Licensing: Panama Gaming Control Board
  • Legal: Yes
  • Betting Types: Sports betting, live betting, racebook, online casino, esports, poker, contests
  • Available In:All states apart from New Jersey
  • Platforms: PC, mobile
  • SSL Encryption: Yes
  • Support Channels: Live chat, email, phone
  • Rating: 9/10

SportsBetting is a great online sports betting site that offers a wide range of sports to bet on. The site offers all major sports, including:

  • Football
  • Basketball
  • Baseball
  • Hockey

If you enjoy non-sporting events, the site also allows betting on entertainment, politics, and more.

Sportsbetting.ag offers new sign-ups a generous welcome bonus of up to $1,000. The sportsbook also has several other promotions and bonuses available, so be sure to check their website frequently.

SportsBetting offers 24/7 customer support via phone, email, and live chat. The support team is knowledgeable and friendly.

Finally, while Sportsbetting.ag is mainly a sports betting site, they do offer casino games like blackjack, roulette, and slots, as well as live dealer games. To enjoy this wide range of sports and casino games, join Sportsbetting.ag.

Bovada : Brutal Bonuses for All Major Leagues in the US

Bovada : Brutal Bonuses for All Major Leagues in the US
Bovada : Brutal Bonuses for All Major Leagues in the US

Bovada Information:

  • Welcome Bonus Offer: Up to $250 welcome bonus
  • Established In: 2011
  • Owned By: Morris Mohawk Gaming Group
  • Licensing: Curacao
  • Legal: Yes
  • Betting Types: Sports betting, online casino, live casino, poker
  • Available In: All states except for Nevada, New Jersey, New York, Maryland and Delaware.
  • Platforms: PC, mobile
  • SSL Encryption: Yes
  • Support Channels: Live chat, email, phone
  • Rating: 8.5/10

Bovada is a popular online betting site that offers legal online betting. The site features a wide range of sports for betting online. Some of its most popular sports are:

  • Football
  • Basketball
  • Football
  • Baseball
  • Golf
  • Racing
  • Hockey

The site also offers great odds and a variety of betting options, from straight bets to parlays and teasers. While Bovada is mainly a sports betting site, they also offer some other casino games. These include various slots, table games, and even video poker.

One of the great things about Bovada is their welcome bonus, a 50% match bonus worth up to $250. This is a nice way to get started with the site and try out some bets without risking too much of your own money. They also offer regular promotions and online sports betting bonuses to reward loyal bettors.

The online sports betting site accepts various popular payment methods, including Visa, Mastercard, and cryptocurrency. Bovada customer support is available 24/7 via live chat, email, and phone.

If you are looking for online sports betting sites that offer a great range of sports to bet on online, join Bovada.

GTbets : Great Betting Odds & Markets to Get Started Immediately

GTbets : Great Betting Odds & Markets to Get Started Immediately
GTbets : Great Betting Odds & Markets to Get Started Immediately

GTBets Information:

  • Welcome Bonus Offer: Up to $750 welcome bonus
  • Established In: 2011
  • Owned By: Goldrush Gaming Group
  • Licensing: Curacao
  • Legal: Yes
  • Betting Types: Sports betting, online casino, horse racing
  • Available In: Alabama, Alaska, Arizona, California, Connecticut, Florida, Georgia, Hawaii, Idaho, Kansas, Maine, Massachusetts, Minnesota, Nebraska, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Utah Vermont, Wisconsin, Wyoming
  • Platforms: PC, mobile
  • SSL Encryption: Yes
  • Support Channels: Live chat, email, phone
  • Rating: 8.5/10

GTbets is an online gambling platform that boasts various sports, including football, basketball, baseball, hockey, golf, table tennis and so much more. While GTbets is primarily a sports betting site, it does offer traditional casino games like slots and table games.

One of the best parts of GTbets is its generous sports betting bonus, worth up to $500. Another bonus follows with a 50% match deposit bonus of up to $250. Additionally, the site offers various promotions and bonuses throughout the year.

The site is quite limited when it comes to payment methods. However, it offers well-known options like Visa, MasterCard, and Bitcoin. Also, note that some payment methods charge up to $50 for a withdrawal.

GTbets customer support is available 24/7 via live chat, phone, and email if you have any questions or concerns.

If you are looking for the best betting sites in terms of odds, sign up with GTbets.

MyBookie : Great Betting Markets & Amazing Betting Reputation

MyBookie : Great Betting Markets & Amazing Betting Reputation
MyBookie : Great Betting Markets & Amazing Betting Reputation

MyBookie Information:

  • Welcome Bonus Offer: Up to $1,000 welcome bonus
  • Established In: 2015
  • Owned By: Privately held
  • Licensing: Curacao and Costa Rica licenses
  • Legal: Yes
  • Betting Types: Sports betting, online casino, horse racing
  • Available In: All states except for Nevada, New York, New Jersey, Pennsylvania
  • Platforms: PC, mobile
  • SSL Encryption: Yes
  • Support Channels: Live chat, email, phone
  • Rating: 8.5/10

MyBookie provides customers with a wide variety of sports betting options. Some US favorites here include baseball, basketball, football, hockey, tennis, and soccer. In addition to sports, you can play casino games like slots and a live casino. Furthermore, horse racing fans will also find some good horse racing betting options at MyBookie.

To get you started on the right foot, the sportsbook offers a 50% first deposit bonus up to $1,000. What's more is that the bonus has a 10x playthrough requirement, which is quite fair. Additional bonuses include a 25% sports reload bonus for returning customers, a 10% cash bonus up to $200, a 10% horse rebate, a 200% referral bonus, as well as weekly rebates, free spins, and casino bonuses.

The site is organized, with the main sections at the top of the screen. The site also displays all featured betting options below the main sections, and all the sports betting odds are grouped at the bottom of the screen. So, you will find everything you need on the homepage.

Topping up your account and withdrawing winnings could be a lot of work. The betting site offers the most popular banking methods, such as MasterCard, Visa, Litecoin, and Bitcoin. Payouts via cryptocurrency process in a matter of hours, so you never wait too long for your winnings.

If you have any regarding your account or anything sportsbook-related, contact customer support by leaving a message on the contact form on the site. Idk you need a quick answer, the site also has a Help Center, which covers important topics, such as payments, payouts, cryptocurrency, bonuses, and more.

For the most competitive odds, sign up with MyBookie.

Xbet : Best Sportsbook in the US for Crypto Betting

Xbet : Best Sportsbook in the US for Crypto Betting
Xbet : Best Sportsbook in the US for Crypto Betting

Xbet Information:

  • Welcome Bonus Offer: 50% up to $500 on your first deposit
  • Established In: 2014
  • Owned By: N/A
  • Licensing: Curacao
  • Legal: Yes
  • Betting Types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
  • Available In: All states
  • Platforms: PC, mobile
  • SSL Encryption: Yes
  • Support Channels: Live chat, email, phone
  • Rating: 8/10

Xbet is among the best online sportsbooks in the US, and there are many reasons why. Let's start with the most exciting one, the sign-up bonus. Xbet rewards you with a 50% first deposit match bonus of up to $500 for creating a sportsbook account. Hopefully, this won't be your last deposit, as the betting site offers a reload bonus of up to $250 every time you deposit money into your sports betting account.

You can top up your sports betting account using various online banking methods, such as credit cards, Bitcoin Cash, Bitcoin, and Litecoin. Deposits are instant, and withdrawals are processed within hours if you use cryptocurrency.

The sportsbook offers all the most popular sports in America, including baseball, basketball, hockey, tennis, boxing, NFL, and MMA. If you'd like to try your hand at something different, the site also offers cycling, darts, and even snooker. With so many options, it's impossible to get bored.

If you need assistance or have questions, customer support is available any time, day and night. There are three contact methods: email, live chat, and phone. The fastest response is via live chat, so use that for the most urgent queries.

Xbet has a decent selection of traditional casino games if you enjoy the occasional casino game. Under the casino section, you will find slots, table games, and some live dealer options. If you're looking for a sportsbook that covers it all - from sports to live dealer games - join Xbet.

BUSR : Massive Sign-Up Bonus for New Bettors in the US

BUSR : Massive Sign-Up Bonus for New Bettors in the US
BUSR : Massive Sign-Up Bonus for New Bettors in the US

BUSR Information:

  • Welcome Bonus Offer 1: 150% up to $2,500 on your first deposit
  • Established In: 2014
  • Owned By: Duranbah N.V.
  • Licensing: Curacao
  • Legal: Yes
  • Betting Types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
  • Available In: All states
  • Platforms: PC, mobile
  • SSL Encryption: Yes
  • Support Channels: Live chat, email, phone
  • Rating: 8.2/10

BUSR offers the biggest sign-up bonus on this list, a 150% first deposit match usually to $2,500. To claim, use the bonus code SPORTS100FP.

BUSR is an online sports betting site that allows online sports bettors to legally place bets on football, basketball, college football, hockey, baseball, NASCAR, golf, and soccer, as well as major sporting events like the Masters.

Making payments and withdrawals at the site is easy with convenient methods like MasterCard and Visa, bank transfers, and peer-to-peer, among others. The site also caters to cryptocurrency users by offering several cryptocurrencies, including Bitcoin.

If you have any questions on how to use cryptocurrency or any other issues, customer support is available around the clock through email, phone, or live chat.

To get started with cryptocurrency betting, join BUSR.

Everygame : A Fantastic Mobile Betting Adventure with a $750 Bonus

Everygame : A Fantastic Mobile Betting Adventure with a $750 Bonus
Everygame : A Fantastic Mobile Betting Adventure with a $750 Bonus

Everygame Information:

  • Welcome Bonus Offer: 100% up to $250 on your first deposit
  • Established In: 1996
  • Owned By: Thinkquick Ltd
  • Licensing: Curacao
  • Legal: Yes
  • Betting Types: Sports betting on all popular sports, live betting, online casino, esports, poker, contests
  • Available In: All states except Washington, Maryland, Louisiana, Kentucky, New Jersey, and New York
  • Platforms: PC, mobile
  • SSL Encryption: Yes
  • Support Channels: Live chat, email
  • Rating: 8.6/10

Everygame has a simple yet pleasing site design. There's no clutter, everything is nearly organized. On the home screen, you'll find four main sections: sportsbook, casino red, casino classic, and poker. At the top of the screen, you will also note an additional live betting tab. You'll also see the current bonus available for that section.

If you click on sportsbook, you can browse the odds for upcoming games. For an extensive list of all the sports on offer, click the menu button. In the menus, sports are grouped into two categories: top sports and alternative ones. Top sports include basketball, hockey, tennis, and golf, while more sports include baseball, football, motorsports, UFC, darts, and snooker. You will also find some non-sport betting options such as politics.

Regarding welcome bonuses, Everygame offers a rather small bonus of up to $150, awarded over your first three deposits. This means you get a 100% match up to $50 for each of your first three deposits. The additional bonuses are where this sportsbook really shines.

One of its best bonuses includes a $1,000 parlay prince bonus, where you can win $1,000 when you score the biggest win from a single parlay in any given month. What's more, is that this bonus has no wagering requirements. Other bonuses include free bets, referral bonuses, and a $500 bonus simply for finding the highest odds.

Online sports bettors can choose from a variety of online banking methods. Deposit methods include Visa, MasterCard, Paysafecard, Bank Wire, EU SEPA Bank Transfer, Money Global EcoPayz, and Bitcoin. For withdrawals, bettors can choose from Bank Draft, Bitcoin,

Bank Wire, EU SEPA Bank Transfer, EcoPayz, and Check. Some withdrawal methods process within 48 hours, while others take up to 14 days. Everygame customer support is excellent. The team can be contacted 24/7 through email, live chat, and phone.

For a great mobile wagering experience, join Everygame.

Where in the US is Sports Betting Legal?

Since the ban on sports betting authorization in states has been lifted, many states have asserted their own sports betting laws. The majority of states in the US have legalized sports betting in some shape or form, whether in-person, online sports betting, or both. States that support legal online sports betting include Arkansas, Arizona, Illinois, New York, New Jersey, Wyoming, Colorado, Pennsylvania, and so many more.

Before placing an online bet, ensure your state has legalized online sports betting. Even if your state does not currently offer sports betting, this could change as many states are planning to legalize or are in the process of legalizing sports betting. Also, not all states that have legalized sports betting have legal online sportsbooks. This means that residents might need to revert to offshore betting sites.

Some History of Sports Betting in the US

The PASPA statute of 1992 was one of the most significant events in American sports betting history. This made it obvious that sports betting was prohibited everywhere except in a few states. Except for a few states, this federal law made it unlawful for any individual or group to participate in sports betting nationwide.

The federal supreme court heard this issue in 2018, and not only decided to the benefit of New Jersey but also declared PASPA unconstitutional. Many factors contributed to this, the most significant of which was the nation's generalized softening of attitudes against gambling. State governments that legalized gaming in the past 20 years realized that there's much money to make.

Some of the Most Popular Types of Sports Bets

If you're new to sports betting, you should know that different types of bets can be made. Below you'll find our favorite bets for newcomers, which are simple and easy to understand.

Moneyline

The moneyline is the practice of supporting one team over another. In each game, the moneyline odds are indicated by a negative symbol and given to the favorite. To distinguish the underdogs, search for a plus symbol in contrast. Based on the win probability of each side, oddsmakers set up moneylines.

Parlays

Parlays combine many bets, but because every bet must succeed for the parlay to win, the risk is higher than it would be for a bet on a single game. The parlay odds, though, take this increased risk into account. Multiple-team parlays may yield tremendous profits, but selecting just one winner is difficult enough.

Totals

You must decide whether the number of points scored will be over/under the number established by the oddsmakers to place an over/under bet.

These are the simplest betting types available, and each has various benefits with a slight difference in risk levels. Regardless, the above choices are a great place to begin if you’re unsure where to begin.

Major Sports Events for US Sports Bettors

While sports bettors can bet on sports any day of the week, some major events happen only once a year, generating a lot of excitement at online betting sites. They make for exciting bets and loads of excitement. See below 5 of the biggest events in the US sports betting calendar.

Super Bowl

Naturally, the Super Bowl will top any top sports events, as football is the number one sport in America. The Super Bowl is the annual NFL playoff where football teams compete for the championship.

March Madness

College sports are extremely popular. March Madness is a men's college basketball tournament where college basketball teams compete for the National Championship. Sixty-eight teams participate in this single-elimination tournament, which takes place annually.

Rugby World Cup

Rugby might not be the most popular in the US, but it's still a major event that bettors look forward to. Some football fans may take a liking to rugby due to the physicality of the sport, but it might only be for some.

Masters

Golf is particularly popular in the US. It's expected that the Masters would be considered a major sporting event. The Masters is a golf tournament that takes place every year. The tournament is exciting as it's the first of four professional men’s golf majors.

Soccer World Cup

The World Cup is an international tournament that occurs every four years. This is the most popular sports tournament in the world due to how many people follow soccer.

The Most Popular Sports in the USA

There are plenty of sports to bet on in the US; however, some are much more popular. Below you'll find some of the most popular sports in the US and how they work.

Football (NFL)

The premier American football professional league in the country is the NFL. The NFL has emerged as the nation’s most well-liked professional sports league based on turnout and broadcast ratings. The Super Bowl, which serves as its championship, is frequently the most viewed televised event of the year.

Basketball (NBA)

The highest professional basketball organization in the US is the NBA. With several players from other nations becoming huge stars in the league, like Manu Ginobili from Argentina, Yao Ming from China, Tony Parker from France, Pau Gasol from Spain, and Dirk Nowitzki from Germany, it has also gained much worldwide popularity.

Baseball (MLB)

Major League Baseball is the highest level of baseball played in the US and Canada. For several decades, baseball and the MLB have been among the country’s most popular sports and types of entertainment. It is also known as America's "National Pastime" for this reason.

Opening an Online Sports Betting Account

You can only place bets with an account and setting one up is very easy on most online sportsbooks in the US. However, if you feel that you need help with the process, we've provided some steps below for you to follow.

  1. Register: Choose an online sportsbook and click on the "register" or "sign-up" button.
  2. Personal Information: Enter a unique username and password, these will be used as your future login credentials.
  3. Completing the Form: Complete the rest of the online form, this is usually two pages of personal data such as your contact number, full name, and address.
  4. Bonuses & Prompt Codes: If the option is available, opt in for the bonus or enter the necessary promo code.
  5. T&Cs: Read carefully and then agree to the terms and conditions of the sportsbook.
  6. Signing Up for Extras: The option to receive promotional material will also be available, and this is completely optional, so click on the box if you'd like to receive different offers.
  7. Depositing: Head to the banking section and click on "deposit,” then select your preferred deposit method.
  8. Start Betting: Choose your preferred betting market and start betting!

Completing Your First Deposit

Making a deposit is among the most crucial procedures when placing an online bet. The majority of US betting sites have a relatively straightforward method. Here are some pointers for funding your online sportsbook account for the first time:

  • Cashier: Access the cashier/banking section of the sportsbook
  • Depositing Method: Select your chosen banking method along with the amount you'd like to deposit
  • Confirm the Deposit: Confirm the banking transaction
  • Start Betting: Wait for the deposit to be processed, which should take a few minutes, and start your betting journey!

There are plenty of available deposit methods, including eCheck, Skrill, Play+, Online Bank Transfer, Diners Club, American Express, Discover, MasterCard, VISA, and PayPal.

Completing Your First Withdrawal

The procedure for withdrawals is quite identical to that for deposits and just needs a little adjustment. To accomplish a withdrawal, follow the procedure mentioned below:

  1. Cashier: Access again the payment method and click on the "withdraw" tab.
  2. Choose Your Withdrawal Method: Check which is the best for you in the withdrawal section.
  3. Amount: Enter the amount you'd like to withdraw from the sportsbook.
  4. Verification: Submit your documents for the KYC process (if needed).
  5. Confirm the Withdrawal: Now it’s just time to verify the transaction and wait until the money arrives.
  6. Enjoy: Have fun with your winnings and remember to spend them responsibly!

Some popular withdrawal methods include VISA, Play+, Online Bank Transfer, eCheck, PayPal.

Bonuses and How to Claim Them

There are various online betting offers accessible, and bonuses are one of the top factors to consider when it comes to online sports betting. The plus side is that receiving a bonus package is easy, and before you know it, you'll be enjoying a fantastic run of free bets. To get started, simply follow the steps listed below:

  1. Registering an Account: Register a sportsbook online that has the welcome bonus you'd like to receive.
  2. Access the Payment Section: After your account is ready, just go to the cashier and deposit the minimum amount to qualify for the bonus.
  3. Deposit or Bonus Code: Enter the necessary bonus code or deposit to claim a deposit bonus.
  4. Check for the Bonus: Once the transaction is confirmed, access your sportsbook account and check your bonus funds.
  5. Start Betting: Now it’s time to use your bonus to bet on the best markets at our top sports betting sites in the US.

Tips for Picking the Best Sports Betting Site

The best sports betting site for you will depend on what you value in a sportsbook above everything else. What are your non-negotiables?

When selecting an online betting site, you must consider much more than just the bonus size. This section lists and explains the most important things to look for in top betting sites. Let’s get right into it.

Licensing & Security

Security and licensing form the backbone of any good sports betting site. We thus look for betting sites licensed and regulated by a reputable authority, such as the MGA or UKGC. We also ensure that the site uses advanced encryption technology to protect user data, whether personal or financial.

Sports Range

When betting on sports online, you want to have a variety of sports betting options to choose from. Betting on the same few types of sports over and over can get boring. Hence we always look for betting sites that offer various sports and even non-sporting events.

User Experience

User experience should be noticed. However, it can make or break an online sportsbook. Our top recommendations are user-friendly, well-designed, and easy to navigate.

Customer Support

Regardless of how good a casino is, sometimes things just go wrong. For example, a player might struggle with technical issues or account issues. When this happens, the betting site should have a good customer support system to address these issues. Customer support should also be available 24/7 through various contact methods, like live chat, email, and phone.

Convenient and Speedy Payment Methods

Deposits and withdrawals are an essential part of betting online. We only recommend betting sites that offer convenient, secure, and speedy payment methods.

Bonuses and Promotions

Bonuses and promotions can help players get more value for their money. When recommending betting sites, we consider welcome bonuses, bonus terms and conditions, loyalty programs, and other promotions.

Mobile Sportsbook Websites and Apps

Mobile betting has become incredibly popular as mobile devices can do the same things as personal computers. This has made it easier for bettors to play on the move, opening the door to a new group of sports bettors – young people. Due to the ease of access, bettors can choose between using the mobile sports betting website or the mobile app, if available.

Both of these are equal in terms of what they offer; however, some apps offer more features, such as linking to banking apps and so on. Ultimately, it comes down to personal preference for which you like best.

Responsible Betting Practices in the US

Responsible betting has been preached since problem gambling became a thing. However, more online betting platforms now offer a variety of safety features to prevent bettors from spending too much time and money betting online. Below are some of the most important things to remember when betting on an online sportsbook.

  • Always keep a separate bank account for betting as this will limit the amount you spend
  • Never chase losses, you'll end up losing a lot more than you've won
  • Know when to stop
  • Use the tools that are available to you, such as self-exclusion
  • Always do research before betting, not everything should be up to chance
  • Never place bets while under the influence of alcohol

By following these simple rules, you should be perfectly able to manage your time and money when betting online.

Betting in Different US States

Owing to a Supreme Court ruling in 2018 that allowed for state-by-state legalization, sports betting has recently grown in popularity as a subset of internet gambling. While sports betting is now allowed in over 50% of all states, it is still prohibited in other states and jurisdictions nationwide.

Online sports betting is legal in the following states:

  • Arizona
  • Arkansas
  • Colorado
  • Connecticut
  • District of Columbia
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • Nevada
  • New Hampshire
  • New Jersey
  • New York
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • Tennessee
  • Virginia
  • West Virginia

Taxation on Sports Betting Profits

All gambling profits, regardless of whether they were obtained through sports betting or not, must be reported to the Internal Revenue Service (IRS). Gambling winnings must be reported as "other income" on your US tax return to be taxed at the federal level.

Even if they got a Form W-2G, and some betting wins, individuals must still include all gambling wins in their total earnings when filing their taxes. Additionally, any taxable earnings from sports betting might be offset by losses.

Profit Projections for the US Sports Betting Market

With more US states opening up to generating additional tax revenue financial projections of this particular market skyrocketed. With more US citizens looking for different means of entertainment, it's easy to see how the economy could receive a major boost.

An estimated $3 billion in tax revenue was enough to get the Supreme Court to discard PAPSA in 2018. However, gross revenue is set to reach over $20 billion within the next few years.

FAQs: Online Betting Sites for Sports

Is Online Sports Betting Legal in the US?

Yes, however, laws regarding online betting differ from state to state. If online sports betting is legal in your state but there are no legal online gambling sites, you can use offshore betting sites.

Do I Need to Be a Resident of a State Where Online Sports Betting is Legal to Use the Sites?

No, but you must be physically located within the state’s borders when placing the bet. Some sportsbooks operate with geolocation technology which will either grant or prohibit access to a particular sportsbook.

Do All Legal Sports Betting Sites Have Online Sports Betting Apps?

No. However, most sports betting sites offer some type of mobile betting option, such as a mobile-optimized website or a sports betting app. That being said, you don't need a sports betting app to enjoy mobile betting.

Can I Bet on Any Sport I Want?

Most betting sites offer a wide range of sports, including football, basketball, baseball, hockey, soccer, tennis, and more.

Are There Any Restrictions on the Types of Bets I Can Place?

Every online sportsbook has rules and restrictions, but some common bet types include point spreads, moneylines, over/under, and more.

How Do I Deposit Money into My Account?

You can deposit using various payment methods, including credit/debit cards, e-wallets, bank transfers, and more. It's always best to look at what an online sportsbook offers before signing up.

How Do I Withdraw My Winnings?

Usually, you can withdraw your winnings using the same method used to deposit funds. However, there are often more deposit methods available compared to withdrawal options.

Are There Any Fees for Depositing or Withdrawing Money?

This depends on your sportsbook as well as the payment method used. It's also good to check with your bank if certain fees come with depositing or withdrawing cash from an online sportsbook.

What Are the Minimum and Maximum Bet Amounts?

Minimum and maximum bet restrictions differ based on sport or event. Restrictions also differ depending on your sportsbook.

Can I Place Bets Using My Mobile Device?

Yes, most online sportsbooks are completely mobile-optimized or have dedicated mobile apps. There's usually no difference in betting at a mobile sportsbook website and an app, so it's all up to preference.

Is There Customer Support Available if I Have Questions or Issues?

Yes, most sportsbooks offer customer support via phone, email, or live chat. You can check this before signing up as a new bettor.

What Are Odds Boosts

Odds boosts are when gambling sites increase the odds for specific bets. Some online sportsbooks usually have special promotions that feature odds boosts around certain times of the year or as part of a tournament promotion.

How Can I Ensure the Safety and Security of My Personal and Financial Information When Using Online Sportsbooks?

Use reputable and licensed sports betting sites, and only enter your personal and financial information on secure websites. Using strong passwords and enabling two-factor authentication if available is also a good idea.

Conclusion: Best US Sports Betting Sites

There’s no shortage of options when it comes to sports betting sites in the US. However, if you're looking for the creme de la creme, check out our top sports betting sites, as this guide recommends. From user-friendly online sports betting sites to good sports coverage and top-notch betting options, these top picks offer everything you want in a sportsbook. So, check out these top US sports betting sites and let the games begin!

 

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.

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