Betting on sports is easy. You can access online sportsbooks from anywhere you live in the United States. Plus, they accept various deposit and withdrawal options. Best of all, most offer bonuses on your first deposit and have other gambling options, such as online casinos and racebooks, all from the same account.
The process for sports betting online is simple and straightforward. You make an account, deposit, and begin placing wagers on sports and other events, such as politics or award shows.
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Online Sports Betting
Everything You Need to Get Started
What Is A Sportsbook?
Online sportsbooks are gaming websites where you can bet on various events, mostly sports matches. The vast majority of sports betting sites are “post-up sportsbooks,” meaning you must deposit funds before placing wagers.
How Does Online Sports Betting Work?
Online sportsbooks and bookmakers offer odds on events that you can wager on. Then you place longer-term bets (futures) or shorter-term game day plays. Live betting even lets you wager on an event while it is happening.
Sportsbooks charge a small commission on their bets. The standard “vigorish,” or wagering fee, is around -110, meaning bettors need to wager $110 to win $100 or $11 to win $10, and so on.
The sportsbooks grade your wagers after the event. You either win, lose, or push and get a ‘no-action’ grade where the funds return to your account.
The Best Sports Betting Sites for US Players
Our experts know the online sports betting industry inside and out. Play at the following quality sportsbooks to avoid scams and ensure an amazing experience.
| RANK | ONLINE CASINO | BONUS | START |
|---|---|---|---|
| 1 | BetOnline Casino | BONUS100% up to $3,000 | |
| 2 | MyBookie Casino | BONUS150% up to $750 | |
| 3 | Sportsbetting.ag | BONUS100% up to $3,000 | |
| 4 | Bovada Casino | BONUS100% up to $3,000 |
A Closer Look at the Top Online Sportsbooks
Below are our top recommended online sportsbooks. Let’s take a look at why the USA bettors love these sites.
Over the past few years, BetOnline has become an elite sportsbook. Some say they are the best sportsbook online, and they certainly have the resume.
The betting limits, software, and payout speeds are all top-rate. Many users have reported cryptocurrency payouts in a matter of minutes.
New members can take advantage of a 50% Welcome Bonus up to $1,000 and a 100% 1st Time Crypto Match Bonus when betting on sports. Customers will also be eligible for a 25% lifetime reload bonuses.
MyBookie has exploded in recent years when it comes to online sports betting. Plus, they just upgraded their site before the 2020 NFL season.
This sportsbook has a massive amount of markets for major US sports, but it is also truly the place where you can “bet on anything.”
They feature fast and free payouts with cryptocurrencies and a variety of other methods. New bettors choose from a 100% Sports Welcome Bonus or a 10% Cash Bonus up to $100. Reload bonuses are also available.
SportsBetting.ag is the sister sportsbook of BetOnline. They have most of the same promotions and odds, and the same support staff.
It shouldn’t be surprising that they are also an elite option for placing online sports bets. Their variety of markets is right up there with the best sites online. They have a massive assortment of contests and promotions for NFL football.
Get a 100% up to $1,000 crypto offer and a 50% Welcome Bonus on your first deposit using any other method. All users are eligible for a 25% Lifetime Reload Bonus up to $500 for life. Plus, their payouts are lightning quick.
The sportsbook with the most extended history on our list is Bovada. They have been in the offshore betting industry for nearly 20 years.
The sister site to Bodog is exclusive to American residents. They are well-known for their fantastic software, great odds, and quick payouts.
You’ll enjoy their sports betting welcome offer for 50% up to $250. Crypto users get a Bitcoin Sports Bonus for a 75% Match Bonus up to $750. Both bonuses come with only a 5x rollover, which is far below the industry standard of 10x.
Benefits of Online Sportsbooks
There are many benefits to using online sportsbooks. As online sports betting becomes more advanced, there are more wagering options and bonuses available. You have many sites to choose from, and some are far better and more trustworthy than others.
These are the main things we consider when recommending an online sportsbook.
Bonuses and promotions are something you won’t get from local bookies. There are many offers available when betting on sports online.
These excellent bankroll builders are great for new players. You can easily receive thousands of dollars in free play bonuses from multiple online betting sites.
American sports have tons of options, but why not wager on Swedish soccer, Russian ping pong, or who will win Dancing of the Stars?
You also have access to sides, parlays, and other exotic bets. Live betting and in-play wagering for just about every sport also add to the excitement of betting online.
Online sports betting is as good as it gets in terms of convenience. While betting apps are not available, you can do everything from your phone’s browser.
Place bets while watching sports at the bar and even deposit and withdraw using your phone or tablet.
Sportsbook sites offer the same privacy and security as online merchants. Servers are secure, and all your data is encrypted.
Placing bets with the top online sportsbook operators is safe and secure. Feel confident placing wagers and requesting a withdrawal.
Sportsbook Review | How to Pick the Best Site
It’s vital that those interested in sports betting to sign up and deposit at a reputable and legit online sportsbook. Below are the main aspects players should consider when finding a site to wager on sports.
Payout Speed & Methods
Payout speeds are vital to the evaluation of an online sportsbook. Always be sure to check out the payout options at each sportsbook. Look for faster withdrawals with minimal fees to maximize your bottom line. Most sportsbooks offer free deposits and withdrawals with cryptocurrencies.
Bonuses & Promotions
Bonuses and promotions offer a ton of extra value for bettors. In addition to classic welcome offers, crypto promos, and reload matches, you’ll see other promotions like mobile free bets, odds boosts, and VIP programs. It’s crucial to check wagering and rollover requirements and read the fine print.
Betting Markets & Options
There are many variations between sportsbooks regarding features, software, betting limits, and betting markets. Some sites have extra player props, dime lines, and more extensive live betting options. Betting limits, especially for smaller markets, vary widely between sportsbook sites.
Popular Sports Betting Games
Sportsbooks with a large client base of Americans tend to focus on the NFL, NBA, and other major US sports. They will have the highest wagering limits, most betting options, and more available markets.
American Football
NFL and NCAA football are the crown jewels of the sports betting industry. They offer the most markets and highest betting limits for online sports betting.
The Super Bowl is easily the most wagered game on the sports betting calendar.
Basketball
The NBA and college matches are second in popularity. Basketball betting options have expanded in recent years with the increase in TV ratings.
Look for the NBA Finals and March Madness, where the champions get crowned.
Baseball
America’s pastime is a mainstay at every online sportsbook. Betting limits are low for MLB, but there’s a massive list of global markets and prop bets.
The World Series, where they find an MLB champ, is the most wagered event in the baseball world.
NHL Hockey
Hockey offers a host of different bets, including puck lines and lots of other betting options. Betting limits are relatively low for hockey.
The NHL Playoffs and Stanley Cup Finals feature some of the most exciting sports moments.
MMA / Boxing
Fight night is a great time to place your bets. Wager on fun props like “first to bleed” and “first to fall,” in addition to the matches outcomes.
There are many championship fights throughout the year for the varying weight classes.
E-Sports
Competitive gaming has found a place in many online sportsbooks. Wager on League of Legends champs selections or CS GO tournament winners.
Each game’s season runs at different times. Check the site often for available bets and specials.
Enjoy Legal Online Sports Betting in the USA
An excellent online sportsbook enhances your online betting experience. Best of all, all our recommended gambling sites also feature online casinos with all the bells and whistles that players want.
BetOnline is the way to go for new online sports bettors. You can wager on anything under the sun, and their software is top-notch. Sign up today, use a bonus, pick your lines, and place your bets.
Sportsbook FAQs
Below are some of the most common questions we get regarding online sportsbooks.
Legality depends on your location, but wagering on sports as an individual is not illegal under US federal law. The legal landscape can be grey in some areas, but individual bettors are never targets of law enforcement. You should have no legal fears about placing bets online.
Yes, the vast majority of online sportsbooks treat customers fairly and pay winners quickly. There are bad apples in every industry. Do your research and stick to highly recommended sportsbooks, and your online betting experience will go off without a hitch.
Online Casino And Sports Betting Gambling
Our pick for the top online sportsbook is BetOnline. There are many excellent sites, but all have their pros and cons. Bettors should always use multiple sportsbooks to line shop, get the best prices, receive multiple bonuses, and access a larger selection of betting markets.
Online sportsbooks take bets from individuals on sporting events and charge a vig, or betting fee, for this service. Their primary goal is to have their odds sharpest as possible with the second goal of balancing action and not being overexposed on one side.
Online Casino And Sports Betting No Deposit
The COVID-19 pandemic has turned our lives upside down and sideways. The sports betting industry has been able to pivot in ways that few expected and companies are taking notice. In the future, we will look back at the COVID-19 pandemic as a major turning point for the sports betting industry.
With things constantly in flux, we summarize the items covered over the past several months. The industry which had almost zero regulation prior to 2018, is now heavily regulated in many states… with many more to come.
Mobile Sports Betting Is The Most Important Asset To Gambling Companies
Gambling companies have struggled since COVID-19 swept the world in March. Major gambling companies stock hit sudden and scary drops that put many on notice. For instance, we saw Penn National Gaming’s stock plummet from $33 per share to $5 per share in March.
Since then, the retail casino outlook is not getting much brighter, with Wynn’s Encore Casino in Boston being forced to close earlier this week due to the pandemic. This could very well continue too with COVID-19 cases spiking across the world.
This all leads to major gambling companies pivoting their priorities to mobile betting. We saw Caesars Entertainment make a $3.7 billion purchase of William Hill, one of the largest sports betting companies in the country. In 2019, William Hill reported that three million customers gambled online. This will increase now that many states are introducing legal online sports betting during the COVID-19 pandemic.
Gambling companies have rebounded since the COVID-19 pandemic swept the industry but that is in large part due to mobile sports betting. Companies that are prepared for mobilization are able to pivot to that platform.
Penn National Gaming has rebounded from $5 per share to well above $50 per share at close on Tuesday. Their mobile platforms are undoubtedly leading to this optimism that has seen them become one of the largest casino companies in the country. Other companies will need to replicate this model if they have any hope of competing in this market.
State Governments Are Making Mobile Sports Betting A Priority
Mobile sports betting is only going to go as far as states allow it to go. The most sought after benefit from legal sports betting is tax revenue. We have seen huge numbers in wagers from states like New Jersey, Nevada, and Pennsylvania. Furthermore, Colorado, Tennessee, and Illinois have adopted mobile sports betting in their states in 2020.
With many more states pushing for legal sports betting, expect legislation to rapidly increase. For instance, Michigan legalized live in-person wagering on sports in April of 2020. This is nearly impossible for fans to use because most casinos have severely decreased capacities or totally closed. Moreover, casinos were closed for several weeks from March-May to attempt to stop the spread of COVID-19.
There has been plenty of traction for Michigan to officially launch mobile sports betting in their state. Expect that this could happen in late 2020 or early 2021. This will be a theme in 2021 as well with states like New York, California, and Florida potentially bringing in huge amounts of sports bettors.
The potential for tax revenue will be massive in states with that kind of population.
Esports Will Be A Major Betting Attraction As It Gains Popularity
In March, sports leagues like the NBA, NFL, and NHL were forced to come to a halt. With no sports eligible to be bet on, Esports burst onto the scene. Sportsbooks quickly jumped in on the continuously growing market.
The market exploded during the 2020 pandemic where we saw players across the country for competition. Sportsbooks such as DraftKings Sportsbook, William Hill, and FanDuel having extensive offerings for Esports.
Major corporations that are outside of the gambling industry are interested in Esports as well. Recently, Amazon purchased the streaming company Twitch for $1 billion. Throughout the country, we are seeing gamers make millions of dollars through streaming platforms, Twitch, Discord, and other streaming platforms. Players have the option to sell different types of gear on Twitch, as well as gain ad revenue from their videos.
The money that has been pushed into Esports was a huge development during the COVID-19 pandemic. The New York Times reported that the Esports betting industry is now worth $160 billion. Sports betting director Marco Blume is excited for Esports exclaiming, “Esports is king now.”
Marco explained that every major sportsbook will be offering Esports betting because of the COVID-19 pandemic.
Esports may have burst onto the scene during COVID-19 but it is here to stay.
Major Gambling Companies Want A Big Piece Of The Pie: Mergers and Acquisitions
We have talked about casinos working hard to pivot out of their retail operations, with major gambling companies like Caesars Entertainment and Sands Las Vegas moving away from their retail casinos. Caesars recently sold their Bally’s Atlantic City location to Twin River Holdings. They also sold Tropicana Evansville and are expected to continue to sell underperforming retail locations. However, they did buy William Hill for $3.7 billion in September where they expect to ramp up the online sportsbook.
Sands Las Vegas (NSDQ: LVS) is one of the largest gambling companies in the country with nearly a $40 billion market cap. They have recently looked to sell a few of their retail casinos in Las Vegas. An extremely frustrating set of circumstances for the massive corporation might see them sell-off some of the best resorts in their company.
Perhaps Las Vegas Sands is looking to get into mobile sports betting in response to the COVID-19 pandemic. Pivoting in this industry is crucial to the sustained success of these companies. Penn National Gaming recently launched the Barstool Mobile Sportsbook which helped their Quarter 3 earnings beat projections across the board.
Online Poker Increases In Popularity
When sports were forced to cease operation, online poker took a piece of the action. During the COVID-19 pandemic, only four states had legal online poker playing. These states include New Jersey, Delaware, Nevada, and Pennsylvania.
Each of these four states reported record-high online poker revenues. Furthermore, Nevada reported a 90% increase for March of 2020 compared to March of 2019.
The online poker market was valued at around $45.8 billion in 2017. By 2024, experts expect that the market will be worth nearly $95 billion with the expectation that it will increase by 11.5 annually until 2027.
The most frustrating part of the industry is the legalization obstacles that companies face. The Wire Act of 1961 has forced online poker to be illegal in many states. The Wire Act forbids the use of communication via gambling that does relate to a sporting event or contest.
Odds Online
Online Poker has an uphill battle to gain legalization from the rest of the states throughout the country. It will require significant changes by lawmakers who interpret the law in specific ways.