Best Online Betting Sites

The list of the best and highest rated online sports betting sites is regularly updated

Key factors in how we choose these betting sites

Good Odds

We trust them

They’ll pay you if you win

Bet with Bitcoins

Betting in the USA

Betting on Esports

Other Best Bookmakers

Bet with Bitcoins
Betting in the USA
Betting on Esports
Other Best Bookmakers

BEST SPORTS BETTING SITES THAT ACCEPT BITCOIN

Discover the leading sports betting platforms that welcome Bitcoin and various cryptocurrencies. Choose from trustworthy sites with competitive odds, outstanding bonuses, and exciting promotions.

BEST ONLINE SPORTSBOOKS FOR US PLAYERS

Find here the best online sports betting sites for US players.

BEST ESPORTS BETTING SITES

Where to bet on esports? Find here the best esports-focused betting sites.

OTHER BEST BETTING SITES IN THE WORLD

Find here the best sports betting sites in the World, from sportsbooks, sharpest bookmakers, bet brokers to betting exchanges.
mybookie logo

MYBOOKIE is one of the most popular and safest online sportsbooks sites. They always have great bonuses, competitive odds and are mobile-friendly. Highly recommended for novice and also experienced gamblers looking to bet on sports online. Read also – Mybookie app review

BETTORS RATING

SIGN UP BONUS

100% up to

$1,000

Welcome Bonuses

KEY FEATURES

Excellent Sportsbook
Legit and Safe
Great 24/7 support

BOVADA is a leading US Friendly sportsbook, racebook, poker room, and online casino for more than 20 years. Good odds, a great reputation, and quick payouts make this online betting site a must-have. Bovada offers players Visa, Mastercard, American Express, Ethereum, Bitcoin SV, Bitcoin Cash, Litecoin, and Bitcoin as deposit methods.

Read also:

BETTORS RATING

SIGN UP BONUS

Up to

$3,750

in Bonuses

KEY FEATURES

Low Rollover
Fastest Payouts
Top-Rated Sportsbook

Betnow is a good and legit sportsbook with a variety of bonuses and good odds. Excellent gaming experience and online casino attracts bettors from all around the world, including those who come from the USA. Read BetNow.eu Sportsbook: An Honest Review

BETTORS RATING

SIGN UP BONUS

150% up to

$500

Welcome Bonuses

KEY FEATURES

Low Rollover
Excellent Props
Daily Contests
clodbet sportsbook logo

CLOUDBET was founded in October 2013 and it was the first major site that enabled players to bet on sports with cryptocurrencies.  Since then, they are constantly improving and made players’ experience a pure pleasure. Cloudbet is one of the world’s trusted and most reliable bitcoin betting operators. An *amazing 5 BTC bonus* is offered to new players. Huge selection of sports, leagues, and bet types.  Read also – Cloudbet Review

BETTORS RATING

SIGN UP BONUS

Up to

5 BTC

Welcome bonus

KEY FEATURES

Funds in Cold Storage
Great Website
Good Customer Support

NITROBETTING is a sister site of Nitrogen Sports (review here). It was created with the intention to offer players an even better sportsbook platform and bigger promos. Ultra-secure, 100% anonymous accounts, accepting US players, fast lightning transactions, and competitive odds are just some of the reasons why bettors love it.

BETTORS RATING

SIGN UP BONUS

Up to

25 mBTC

Bonus + Free Spins

KEY FEATURES

100% Anonymous
Ultra Secure
Lightning Fast Transactions
betonline logo

BetOnline is a top sportsbook and an online casino with extraordinary Welcome bonuses, great promotions, and best odds. The privately held company was founded in 2001 and initially started as a sportsbook, which is still one of their strongest points. They have a good reputation among online gamblers for more than 20 years. Read also:

BETTORS RATING

SIGN UP BONUS

50% up to

$1,000

Welcome Bonuses

KEY FEATURES

Best Odds
Generous Promos
Trusted and Reliable
betus logo

BETUS is one of the world’s oldest online sports betting sites, founded in 1994. Their strengths are best bonuses, reward programs, and very user-friendly for players – both mobile and desktop. The only downside is high rollovers for bonuses and daily payouts limits of $5,000.

Read – Detailed BetUs Sportsbook Review

BETTORS RATING

SIGN UP BONUS

125% up to

$3,125

Welcome Bonuses

KEY FEATURES

Highest Bonuses
User Friendly
Rewards Program
bookmaker eu simple logo

BOOKMAKER is in the industry since 1996, which makes this site one of the most trustworthy for online sports bettors. Their sportsbooks are great because they offer early odds and no matter if you are an experienced bettor, recreational bettor, this site fits well with anyone, who wants to bet on sports. Read also: Pros and Cons of Bookmaker.eu

BETTORS RATING

SIGN UP BONUS

15% up to

$600

Welcome Bonuses

KEY FEATURES

Early Odds
Big Betting Limits
Rewards Program

XBet is a user-friendly and safe Sportsbook, Casino and Racebook. They are part of the Mybookie group, which is one of the most popular online sportsbooks. XBet accepts international players, including US players. Read also – XBet Sportsbook Review

BETTORS RATING

SIGN UP BONUS

Up to

$500

Welcome Bonus

KEY FEATURES

Good Live Betting
Easy Registration
Sportsbook, Casino, Racebook

Sportsbetting.ag is an all-in-one gambling site, where you can bet on sports, play poker, online casino, or even bingo or financial betting. They are one of the few, that accept US players from all 50 states. Read also: The Ultimate Sportsbetting.ag Review

BETTORS RATING

SIGN UP BONUS

Up to

$1,000

Welcome Bonus

KEY FEATURES

All-In-One Site
Accept US players from all 50 states
Good Bonuses and Promos

Bodog is one of the most recognizable brands in online gambling, founded in 1994. One of their strongest points is the focus on betting in Canada. They offer competitive odds and various promotions for players. Bodog is absolutely trustworthy online betting site, which gives an extremely good both mobile and desktop betting experience. Read also – Bodog Sportsbook Review

BETTORS RATING

SIGN UP BONUS

Welcome Bonus

$400

+50 Free Spins

KEY FEATURES

Trusted brand
Excellent mobile betting
Good Bonus
sportsbet io logo

SPOSRTSBET is a trusted crypto betting site with diverse payment methods. Price boosts, weekly promotions, good odds and huge selections for both pre-game and live betting put this site at the top of the most popular crypto sportsbooks. Read also – Sportsbet.io review

BETTORS RATING

SIGN UP BONUS

No bonus, but up to

$100,000

Weekly promotions

KEY FEATURES

Various Promos
Excellent Live Betting
Trusted Operator

STAKE is a relatively new online crypto casino and a sportsbook. Founded in 2017, but has already managed to build great reputation and extremely good players satisfaction. They offer various free bets and weekly giveaways for both – new and existing customers  – Read Review: Stake Casino and Sportsbook

BETTORS RATING

SIGN UP BONUS

200% up to

$1000

Welcome bonus

KEY FEATURES

High reputation
Free bets and giveaways
Various cryptocurrencies
1xbit logo

1xBIT is a crypto betting site, with an amazing welcome bonus of up to 7 BTC. Variety of different sports, casino games and live betting attract sports bettors from all over the World. Read also – 1xbit review

BETTORS RATING

SIGN UP BONUS

Up to

7 BTC

Welcome bonus

KEY FEATURES

Generous bonuses
Quick and free transactions
Wide crypto options

Bitsler was founded in 2015 and has very good reviews from Trustpilot (more than 4.5 ratings) and players all around the world are more than satisfied with this crypto betting site. Good customer support and promotions all the time. The only downside is that the odds could be better. Read also – 10 tips for using Bitsler.

BETTORS RATING

SIGN UP BONUS

Multiple

Promotions

Replace bonus

KEY FEATURES

Licensed (CGA)
Very good support
Varios Crypto Options

Betadda is a crypto sports betting platform and international betting exchange that offers sports betting, online casinos, virtual sports, good deposit bonuses, cashback promotions, and many other excellent deals.

BETTORS RATING

SIGN UP BONUS

Up to

200%

Welcome Bonus

KEY FEATURES

Daily Bonuses and promotions
Betting Exchange
Quick Support

BETFLIP was founded in 2019 and it is another option for players who want to bet with crypto. This is a pretty new site and should be taken with caution. Players are complaining about bonus requirements, so it is recommended to read their terms and conditions.

BETTORS RATING

SIGN UP BONUS

111% up to

1500 EUR

Welcome bonus

KEY FEATURES

Provably fair
Good Bonuses
Secure Website

Youwager is a betting platform that focuses mostly on American players and has been on the scene for more than 20 years. Founded in 1998 (known as First Fidelity back then). Since then, it has become of the top betting platforms for online sports bettors.

BETTORS RATING

SIGN UP BONUS

200% up to

$300

Crypto Bonus

KEY FEATURES

Good Reputation
Excellent Bonuses
Quick Payouts
nitrogen sports betting logo

NITROGEN SPORTS offer anonymous accounts; you don’t need to give them any personal information. Amazing odds on various sports and leagues, ultra-secure site, fast transactions, and superior support.

The site will be closed soon and they are moving to a new website – Nitrobettting (Read Review Here)

BETTORS RATING

SIGN UP BONUS

No bonus

Rewards

Replace bonus

KEY FEATURES

Ultra Fast Transactions
Anonymous Bitcoin Betting
Sports, Casino, Poker

WAGERWEB has a long history of involvement in the gambling industry, dating back to 1994. Sportsbook, casino, racebook, lots of attractive promotions, crypto payment options, excellent live betting, and much more makes this sportsbook a very good option for any US sports gambler. Read A Detailed WagerWeb Sportsbook Review

BETTORS RATING

SIGN UP BONUS

100% up to

$100

Free Play Bonuses

KEY FEATURES

Excellent Live Betting
Trusted Bookie Since 1994
Attractive Bonuses
mybookie logo

MYBOOKIE is one of the most popular and safest online sportsbooks sites. They always have great bonuses, competitive odds and are mobile-friendly. Highly recommended for novice and also experienced gamblers looking to bet on sports online. Read also – Mybookie app review

BETTORS RATING

SIGN UP BONUS

100% up to

$1,000

Welcome Bonuses

KEY FEATURES

Excellent Sportsbook
Legit and Safe
Great 24/7 support

BOVADA is a leading US Friendly sportsbook, racebook, poker room, and online casino for more than 20 years. Good odds, a great reputation, and quick payouts make this online betting site a must-have. Bovada offers players Visa, Mastercard, American Express, Ethereum, Bitcoin SV, Bitcoin Cash, Litecoin, and Bitcoin as deposit methods.

Read also:

BETTORS RATING

SIGN UP BONUS

Up to

$3,750

in Bonuses

KEY FEATURES

Low Rollover
Fastest Payouts
Top-Rated Sportsbook

Betnow is a good and legit sportsbook with a variety of bonuses and good odds. Excellent gaming experience and online casino attracts bettors from all around the world, including those who come from the USA. Read BetNow.eu Sportsbook: An Honest Review

BETTORS RATING

SIGN UP BONUS

150% up to

$500

Welcome Bonuses

KEY FEATURES

Low Rollover
Excellent Props
Daily Contests
betonline logo

BetOnline is a top sportsbook and an online casino with extraordinary Welcome bonuses, great promotions, and best odds. The privately held company was founded in 2001 and initially started as a sportsbook, which is still one of their strongest points. They have a good reputation among online gamblers for more than 20 years. Read also:

BETTORS RATING

SIGN UP BONUS

50% up to

$1,000

Welcome Bonuses

KEY FEATURES

Best Odds
Generous Promos
Trusted and Reliable
betus logo

BETUS is one of the world’s oldest online sports betting sites, founded in 1994. Their strengths are best bonuses, reward programs, and very user-friendly for players – both mobile and desktop. The only downside is high rollovers for bonuses and daily payouts limits of $5,000.

Read – Detailed BetUs Sportsbook Review

BETTORS RATING

SIGN UP BONUS

125% up to

$3,125

Welcome Bonuses

KEY FEATURES

Highest Bonuses
User Friendly
Rewards Program
bookmaker eu simple logo

BOOKMAKER is in the industry since 1996, which makes this site one of the most trustworthy for online sports bettors. Their sportsbooks are great because they offer early odds and no matter if you are an experienced bettor, recreational bettor, this site fits well with anyone, who wants to bet on sports. Read also: Pros and Cons of Bookmaker.eu

BETTORS RATING

SIGN UP BONUS

15% up to

$600

Welcome Bonuses

KEY FEATURES

Early Odds
Big Betting Limits
Rewards Program

XBet is a user-friendly and safe Sportsbook, Casino and Racebook. They are part of the Mybookie group, which is one of the most popular online sportsbooks. XBet accepts international players, including US players. Read also – XBet Sportsbook Review

BETTORS RATING

SIGN UP BONUS

Up to

$500

Welcome Bonus

KEY FEATURES

Good Live Betting
Easy Registration
Sportsbook, Casino, Racebook

Sportsbetting.ag is an all-in-one gambling site, where you can bet on sports, play poker, online casino, or even bingo or financial betting. They are one of the few, that accept US players from all 50 states. Read also: The Ultimate Sportsbetting.ag Review

BETTORS RATING

SIGN UP BONUS

Up to

$1,000

Welcome Bonus

KEY FEATURES

All-In-One Site
Accept US players from all 50 states
Good Bonuses and Promos

Youwager is a betting platform that focuses mostly on American players and has been on the scene for more than 20 years. Founded in 1998 (known as First Fidelity back then). Since then, it has become of the top betting platforms for online sports bettors.

BETTORS RATING

SIGN UP BONUS

200% up to

$300

Crypto Bonus

KEY FEATURES

Good Reputation
Excellent Bonuses
Quick Payouts

Everygame is former Intertops and it is an old-fashioned pioneer since the early ’80s and it is in the online betting industry since 1996. Definitely a legit and trustworthy site. They have a huge list of deposit options and a very friendly website for any sports bettor. Read also – Everygame sportsbook and casino review

BETTORS RATING

SIGN UP BONUS

Up to

150 EUR

Welcome Bonus

KEY FEATURES

Lot of Sports Markets
Reload Bonus
Fast Payouts

WAGERWEB has a long history of involvement in the gambling industry, dating back to 1994. Sportsbook, casino, racebook, lots of attractive promotions, crypto payment options, excellent live betting, and much more makes this sportsbook a very good option for any US sports gambler. Read A Detailed WagerWeb Sportsbook Review

BETTORS RATING

SIGN UP BONUS

100% up to

$100

Free Play Bonuses

KEY FEATURES

Excellent Live Betting
Trusted Bookie Since 1994
Attractive Bonuses

LOOT.BET is an online esports betting site dedicated exclusively to gamers. Cyprus-based esports betting site is operating since 2016 and is a sponsor of esports tournaments too. They offer some exclusive esports markets, you wouldn’t find on other sportsbooks. Read also – Loot.Bet Review

BETTORS RATING

SIGN UP BONUS

Up to

€100

Welcome Bonus

KEY FEATURES

Multi-Language
Free Spins
Free Live Streams

THUNDERPICK is an all-in-one online gambling site with a sportsbook and an online casino, but its main focus is esports. They care for new and existing players with VIP club, which players get extraordinary rewards and treatment. An excellent betting app, both for mobile and desktop users. Read also – Thunderpick Crypto Betting Site Review

BETTORS RATING

SIGN UP BONUS

Up to

€500

Welcome Bonus

KEY FEATURES

All-In-One Site
Rewards
VIP Club

GGBet was established in 2016 and is heavily focused on esports betting, where they offer extraordinary service for bettors who bet on games like Counter-Strike: Global Offensive, League of Legends, Dota 2, Starcraft 2, and other popular leagues. GGBet is fully licensed by the Malta Gaming Authority, they offer multiple payment options and mobile friendly games.

Read also: In-Depth GGBet Review

BETTORS RATING

SIGN UP BONUS

Up to

$400

Welcome Bonus

KEY FEATURES

Good bonuses
Live Streaming for esports
Fully Licensed

Casino500 is a crypto online betting site, previously known as CSGO500. Started operating in 2016 and is fully licensed. This is still one of the best CSGO skin gambling websites, but with much more options now for Casino players and sports bettors.

BETTORS RATING

SIGN UP BONUS

Up to

$1,000

Bonus + Free Spins

KEY FEATURES

Daily Bonuses
User Friendly
Brilliant payment methods

CYBERBET is an esports betting site, that signed up with  Esports Integrity Commission (ESIC) which is the largest regulatory body in the esports industry. They are committed to ensuring esports tournaments remain fair. CyberBet offers a good welcome bonus and takes care of existing players as well with promotions. Read also – Cyber.Bet Review

BETTORS RATING

SIGN UP BONUS

100% up to

€250

Welcome Bonus

KEY FEATURES

Fair and Safe
Live Betting
Good Starting Bonus

PINNACLE is at the top of the best online betting sites for professional gamblers. They offer the best odds and highest limits in the sports betting industry. Professionalism at the highest level with the fastest payouts. At the pinnacle, you can bet on all kinds of leagues and sports and they are also known for their presence in esports. Read also: Pinnacle Sportsbook Pros and Cons

BETTORS RATING

SIGN UP BONUS

No Bonus

Best Odds

Replace Bonus

KEY FEATURES

Doesn’t limit sharps
Very good odds
High Limits
5dimes sportsbook logo

5DIMES is an incredible choice for sports bettors because they offer great early odds, low juice, and an amazing list of sports markets. Despite they also have a great online casino and poker room, their sportsbook is an extra class. The only downside is that they do not accept US players anymore. Read also – Everything you need to know about 5Dimes betting

BETTORS RATING

SIGN UP BONUS

Up to

$520

Welcome Bonus

KEY FEATURES

International License
Attractive Promotions
Good Early Odds

Bodog is one of the most recognizable brands in online gambling, founded in 1994. One of their strongest points is the focus on betting in Canada. They offer competitive odds and various promotions for players. Bodog is absolutely trustworthy online betting site, which gives an extremely good both mobile and desktop betting experience. Read also – Bodog Sportsbook Review

BETTORS RATING

SIGN UP BONUS

Welcome Bonus

$400

+50 Free Spins

KEY FEATURES

Trusted brand
Excellent mobile betting
Good Bonus

MATCHBOOK is an amazing betting exchange with low commissions and lots of actions. Their website and user experience are superb. Matchbook betting exchange has been online since 2005 and is one of the most popular and trusted online betting exchanges. The only downside is that they do not accept US players.

BETTORS RATING

SIGN UP BONUS

Various

Offers

Replace Bonus

KEY FEATURES

Old and Trusted Exchange
Fully licensed in UK
Lots of action

11 Key Factors That Make A Gambling Site Trustworthy

What makes a gambling site trustworthy?

Because, every online sports gambler needs a trusted betting site, where he can safely place bets. But choosing the right gambling site is sometimes not easy. There are a few different things to look for when choosing a sportsbook.

By following these guidelines and important factors, you can be sure that you are choosing a safe and reputable sportsbook.

1. Licensing and regulation

When it comes to sports betting, it is important to choose a sportsbook that is licensed and regulated by some reputable authority. This will ensure that the sportsbook is operating fairly and that your money is safe.

What about offshore?

While sports betting is often associated with illegal activity, there are many legal and regulated sportsbooks that operate offshore. These sportsbooks are subject to the same laws and regulations as any other business, ensuring that your money is safe and secure.

Offshore bookies are usually licensed by Curacao or another offshore jurisdiction. This allows them to operate in the USA, even though they are not subject to US laws and regulations. While offshore betting is technically illegal in the USA, there is no federal law that prohibits it. As a result, many Americans choose to place their bets with offshore bookies and they have very good reasons to bet offshore.

2. Hassle-Free Payouts

Before we start betting or gambling on sports we must be sure that online gambling sites will pay out our winnings if we win. If they do not pay, all other factors are not important.

The majority of online gambling sites will pay their customers, but the best will do it without a hassle. Withdrawals should be as easy and fast as deposits.

Online gambling sites make money from the loss of their customers and when it comes to big betting sites, they usually have more resources to pay out big wins.

3. Check maximum bet limit

When you bet against a bookmaker you are betting a certain amount of money. They do not have an unlimited amount of resources and because of that, they must set maximum bet limits to protect their business.

For a sports gambler who wants to bet a bigger amount of money, it is important to check maximum bet limits, because this is the money that he can gamble on a single event.

At the same time, it is important to check how fast they will limit you if you start winning. Some gambling sites have bigger tolerance and some have smaller tolerance when it comes to limiting players. You want to bet with an online gambling site, that has a bigger bet limit and will not limit you if you start winning.

4. The Odds and Margins

After you find a gambling site, which will pay you and will allow you to wager your desired amounts, you should start checking the odds and the margins.

Bookmakers’ margins are their fees and this is what we pay. The bigger their margins (vig, juice), the bigger their advantage.

How to understand gambling margins?

The easiest way to understand margins is on two teams example or flip coin experiment: We have two teams and let’s say, that there are only 2 possible outcomes (win-loss).

Both teams have a 50% of chance and the fair odds would be 2.00 vs 2.00. In American odds are +100 vs +100.

But gambling sites will not offer fair odds, because they exist because of the margins. Instead of 2.00 vs 2.00 (+100 vs +100), they will offer something like 1.95 vs 1.95 (-105 vs -105).

And this difference (5 cents) are margins, vig or juice. This is what you must pay extra and this is where online gambling sites take a commission. We simply must check their available odds and calculate margins to see what is our disadvantage. Lower the margins, better for us.

5. Costumer Service

Good customer service can be a difference between an average gambling site and a good one. It is especially important when we face payouts, transactions, or even grading bets.

They must be quick and always look to find a good solution for their players. A the end of the day, you will trust your money to someone and many gamblers rather play with online gambling sites, that take care of their customers, even if they don’t have the best odds.

6. Website and user experience

Poor user experience will massively take away gamblers and the reputation of gambling sites will be at stake. The gambling sites must load quickly and mobile betting is on the rise.

Another thing is the time. Betting one minute too late can make a difference and because of that professional gamblers are looking for gambling sites that have a good user experience and very good functionality.

These factors will make an online gambling site safe. Check our recommended online gambling sites.

7. The security of the site and your personal information

When choosing a sportsbook, be sure to read the fine print before creating an account or making any bets. This will help you understand the site’s security measures and what you can do to protect your personal information. By taking these precautions, you can help ensure that your experience betting on sports is safe and secure.

Some bookmakers offer 100% anonymous betting with ultra secure payment options, if you want to bet completely incognito.

8. The variety of games offered

You want to make sure that the sportsbook offers a variety of games, so you can find the one that best suits your needs. Successful betting is not about betting on every single game in the same league, but being selective and finding the best bets among all options. And the more games and bet types sportsbook offers, the more opportunities we have.

9. The bonuses and promotions available

Sportsbook bonuses are a great way to build to make extra money. Some sports bettors are constantly taking the advantage of bonuses and promotions and this is their main strategy.

Different free, bets, welcome bonuses, odds boosts can give you a chance to make +EV bets or even make sure bets in some cases if you have multiple accounts. Not all bonuses are the same and not all are easy to win, but an online gambling site with good bonuses can be very attractive for a smart sports bettor, who knows how to turn them into the cash. You should definitely check what kind of bonuses your online betting site offers.

10. Variety of banking options

There are many reasons why it is beneficial to have a variety of banking options when sports betting. For one, it gives bettors more flexibility in how they manage their money. They can choose to use multiple methods to deposit and withdraw funds, which can make it easier to stay within their budget.

Additionally, having multiple banking options can help to diversify risk. If one sportsbook or payment method experiences problems, bettors can still access their funds through another avenue. Finally, having multiple banking options simply provides more choices for customers, which can lead to a better overall experience.

11. Positive reviews from other bettors

Other bettors can give you an idea of what to expect from a sportsbook, and can help you choose one that is right for you. They can also offer insights into which sportsbooks offer the best odds, the best bonuses, and the most user-friendly platforms.

If you’re looking for a sportsbook that will give you the best chance of winning, then positive reviews from other bettors should be one of the factors you consider.

Popular types of online betting sites

When we make a bet, we must find someone on the other side who is willing to accept our bet. In other words, this means, that they are willing to bet against us.

The simplest agreement is a bet against a friend or between two people. But because the betting market is much more than just betting against friends, we have different types of online betting sites, that are willing to accept our bets. They have different strategies on how they make money.

Online Sportsbook and Bookmaker

Online sportsbooks and bookmakers are now basically the same thing. Both are widely recognized as online betting sites, that accept wagers. But in the core there is a difference between a bookmaker and a sportsbook.

Bookmaker

Bookmakers (or short Bookies) accept bets on sporting events. A bookmaker is a person who determines the actual odds before accepting any stakes.

Sportbook

Online sportsbook is a company that takes bets on a larger scale. They offer various betting odds on sporting events. Trusted and legitimate sportsbooks are the most popular places to bet on sports.

Betting Exchange

Betting exchanges are online betting sites that allow bettors to bet directly against each other and set odds by themselves. In other words, these services connect bettors to bet against each other, and then they take small commissions.

Betting broker

Also known as bet broker, bet brokerage, bet agent, or sports broker provides you with a single account that gives you access to multiple bookmakers at the same time. A betting broker is a middleman between you and different bookmakers, where the main idea is to provide you with the best odds available on the market.

Crypto betting sites

Crypto betting sites are the same as traditional bookmakers and sportsbooks, but the difference is that your account balance is held in cryptocurrencies. The most popular are bitcoins.

Blockchain betting sites

The main idea is online betting on a decentralized betting exchange on a blockchain, where payouts are instant and nobody can limit bets. The best odds, full anonymity, and smart contracts are the dream of every sports bettor. The idea is still very young and it will take some time before it becomes popular. Wagerr is one of the first such sites.

How do online sports betting sites make money?

Sportsbooks make money by accepting bets on the marketplace and pricing it in such a way that it doesn’t represent the true probability of the total outcome. This margin between the bets gives bookies an edge over the bettors. They set lines to ensure profit.

What is a betting exchange and how does it work?

A betting exchange is a site or service, where you can bet against other players. You are not betting against a bookmaker or against a sportsbook, but against another player. The betting exchange takes a small commission from this bet.

Lay and Back

Instead of backing a bet (same as a traditional bet on Red Sox on a sportsbook as an example), you are able to lay a bet on Yankees not to win. This single bet is matched with another bettor on the betting exchange.

They are a great alternative to traditional online sportsbooks and they are gaining in popularity. That’s because their market is a free market and their odds are controlled by the punters. This allows us to find better value and is a big reason why betting exchanges are so popular.

The first problem with betting exchanges is that they are still complex for an average bettor.
Another problem sports bettors face is liquidity, especially for smaller markets. Because if there is no one on the other side who is willing to bet against you (plus the amount you want), the bet will not happen. This is not the case with traditional sportsbooks.

What are sportsbook bonuses and promo codes?

Sign-Up Bonuses are also known as Sportsbook’s Welcome Bonuses or Deposit Bonuses. They will award you if you deposit money, start betting, and usually, it comes with a roll-over requirement. The bigger the deposit, the bigger the award for you.

Promo codes are special codes, that you need to use in order to get a specific bonus.

So what is the business model from sportsbooks?

Invite as many as possible players to bet on sports and then offer unfair odds. Most sports bettors don’t have sports betting skills to beat their margins and this is simply their winning position. The question now is how to attract more and more players, because the competition is big among sportsbooks too.

With bonuses, promo codes, or other sportsbook promotions.

Are sportsbook bonuses worth it?

Sports betting bonuses are an excellent way to increase your bankroll. But they always come with roll-over requirements and they are set so, that you must beat their margins too if you want to win the bonus. This is why many novice bettors without any sports betting skills usually don’t win these bonuses. Most of them don’t read the T&C and rules on how to win these bonuses.

What’s a risk-free bet?

Many online betting sites offer risk-free bets as a Welcome Bonus or promotion to attract new players. A risk-free bet means that Sportsbook will refund the money (up to a certain amount) if you lose the first bet you place.

What is an offshore sportsbook?

Offshore sportsbook is an online betting site located outside of US borders. Offshore sites do not hold licenses to operate in the USA and because of that, some are not secure or do not have player protection measures. But there are some of the best sportsbooks with the best bonuses, best odds, happy players, and are trustworthy for many years. Bovada and Betonline are some of them.

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Selecting a good online betting site can be a difficult task, especially for novice bettors. Hope this guide will help you understand the most common types of online betting sites. We made in-depth reviews for many of these sites and you can find them here:

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Why should you have multiple sportsbook accounts?

There are plenty of reasons to have multiple sportsbook accounts. For one, it gives you more options when it comes to placing bets. You can shop around for the best lines and odds, and you can also take advantage of different promotions and bonuses that may be offered by different sportsbooks.

Another reason to have multiple sportsbook accounts is for convenience. If you have multiple accounts, you can easily place bets on multiple games or events at the same time. This can save you a lot of time and hassle, especially if you’re betting on a busy day or during a big sporting event.

Having multiple sportsbook accounts can also help you stay under the radar. If you only have one account, it’s easier for sportsbooks to track your betting activity and patterns. But if you have multiple accounts, it’s more difficult for them to do so. This can be helpful if you’re trying to avoid bans or limits.

So if you’re looking to get the most out of your sports betting experience, make sure you have multiple sportsbook accounts. It can really pay off in the long run!