Betting on sports has become a very popular pastime in recent years. With the advent of online sportsbooks, the options for betting have expanded significantly. However, one decision that many bettors face is whether to bet with an offshore sportsbook or an onshore sportsbook like DraftKings. Here, we will discuss the advantages of betting offshore.
Firstly, offshore sportsbooks offer higher limits and more betting options. They have a much larger market to cater to and therefore can offer more variety when it comes to betting. This means that you can bet on more sports, teams, and events with offshore sportsbooks. Moreover, offshore sportsbooks usually have higher maximum bet limits, so if you are a high roller, then this option may be more attractive to you.
Secondly, offshore sportsbooks offer more deposit methods. They usually offer a wider range of deposit methods than onshore sportsbooks, which may only accept credit cards or bank transfers. With offshore sportsbooks, you can often deposit using cryptocurrencies, e-wallets, or other alternative payment methods.
Another advantage of betting offshore is that they work with greater confidentiality when it comes to their clients’ personal information. While many people worry about the security of their information, offshore sportsbooks usually have better privacy policies that keep your information secure.
However, there is a downside to betting offshore. Some offshore sportsbooks have been known to close down and take their players’ money with them. This is a very real risk that bettors need to be aware of. Onshore sportsbooks, like DraftKings, hold the advantage of security of funds. It is unlikely that a US corporation would close and take the player’s money with them. They have certain guidelines they must follow that ensure that client funds are never misappropriated. Unfortunately, this cannot be said for the offshore industry.
It is important to note that if you do decide to go offshore, make sure it is with a reputable shop. Do your research and read reviews before depositing any money. At BookieBully.com, we always insist that our clients bet with reputable sportsbooks that have a proven track record of reliability.
In conclusion, betting offshore has many advantages, including higher limits, more betting options, and more deposit methods. However, the risk of an offshore sportsbook closing and taking your money is a real concern. If you do decide to go offshore, make sure to bet with a reputable shop. And if you have any questions, feel free to reach out to us at BookieBully.com for guidance.