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Why Offshore Betting Sites Will Not Be Affected By New USA Gambling Laws

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Even with the federal sports betting ban removed offshore sportsbooks and other offshore wagering services are in no imminent danger of going away.

On May 22nd, 2018, the Supreme Court of the United States (SCOTUS) ruled that the Professional and Amateur Sports Protection Act (PASPA) was unconstitutional. The PASPA act was first enacted in 1992 and was a federal law that banned domestic sports betting in 46 of 50 states. During its 26 years of existence, the PASPA act shaped how many people looked at sports betting in the United States.

Now that PASPA is out of the way, several US states have already enacted laws and launched domestic sports betting operations. Some of these operations also include online sports betting within state lines or mobile betting while on casino grounds. Below you will find several reasons offshore sportsbooks and other offshore wagering services need not to worry about the changing gambling landscape across America.

As It Stands – The Federal Wire Act

The Federal Wire Act is a federal mandate that restricts online gambling services in the USA from crossing state or country lines.Until the Federal Wire Act is repealed orrevised, states will not be allowed to offer online services across state lines. States that have enacted online gambling platforms must have location restrictions based on GPS coordinates or ISP providers.

Built On Reputation

Offshore sportsbooks and other offshore gambling services have been servicing a majority of the United States for over a decade now, and many bettors have grown accustomed to the betting service. While US gambling laws make using an offshore betting service harder, many users and account holders have found ways to make the service work for them.

Offshore Bonus Options

Offshore gambling services like to add bonus funds, perks, and other incentives for their account holders.Online bonuses are one of the best perks for playing an offshore site. Casino, sports, poker, and bingo services all use online bonus options to lure in potential account holders. These bonus incentives can be lucrative for online players and are often a deciding factor for which site to play.

The Cryptocurrency Option

Offshore gambling services are typically trendsetters when it comes to online commerce. Offshore sportsbooks, offshore casinos, and offshore poker sites are all among the first online commerce sites to accept cryptocurrencies. Not only do they accept crypto, but some offshore sites will accept multiple forms of cryptocurrency including BitCoin, LiteCoin, Dash, Ethereum, BitCoin Cash, and more.

User-friendly deposit methods, customer reputation, and sportsbook bonuses are often the tipping factors over US-based online sportsbooks. The main concern for US online bettors is the withdrawal process. The Unlawful Internet Gaming Enforcement Act (UIGEA), specifically bans banks from processing transactions received from offshore gambling services, and in some cases, this might be the deciding factor for potential account holders.

Other Stats And Predictions

The American Gaming Association estimates that Americans collectively wager about $150 billion annually in the black market and with offshore sportsbooks. That number is likely to fall over the next few years as many more states are considering the option of legal sports betting. However, while legal US sports betting might hurt some offshore profit margins, don’t expect offshore betting sites to be going anywhere anytime soon.

Some offshore operators are predicting that the legalization of sports betting and other online wagering services across the USA will increase revenue to their sportsbook, poker, or casino site. Many people believe that the legality of online gambling carries a stigma resulting from the April, 15th, 2011, Black Friday debacle. Now that new gambling legislation is passing across the United States more people will be informed of the legalities surrounding online gambling and offshore gambling sites locally and from afar.

Over the past year, the US has seven states that have launched domestic sports betting and numerous other states that have launched state-based online gambling services.

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Online Casino Perks At Popular Offshore Betting Sites

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In recent years, popular online casino games at offshore betting sites have become more accessible for Americans, and high-speed internet is now available in the most remote parts of the country. 

While most Americans have had access to offshore betting sites since the early 200s, today, there are some new features you might need to learn about depending on your experience level. Below, we will look at some key features that keep the industry thriving despite today’s turbulent times. 

Offshore Banking Options Expanded

Online banking options have expanded in recent years, and offshore casino sites have followed suit. While most players still rely on Visa or MasterCard deposits, the fastest-paying online casinos all accept and release winnings in cryptocurrency. 

Bitcoin is the most widely accepted digital asset among online casino sites, but other popular altcoins are sometimes also accepted. To make digital assets more alluring, some sites give additional rewards or bonuses to players who deposit in crypto.  

Huge Library Of Games

Roulette iconOnline casinos host a vast library of games with multiple variations to attract players to their sites. Popular games include online slots, blackjack, roulette, video poker, craps, and much more. There are also multiple gaming developers who license their games to online casinos and their domestic counterparts. 

While the games are licensed through gaming providers, the odds are entrusted to the operator and the regulation that oversees their operations. To ensure players that the games are fair, reputable gaming regulators will test the random number generators (rngs) and the security protocols to ensure they work fairly and properly. 

Since player account information is often stored on secure servers, encryption techniques are usually employed for an added layer of protection. While no site is immune to security attacks, legitimate sites with proper encryption methods are less likely to lose data. 

Bonus & Rewards Programs

To make things even sweeter, online casino sites often offer their players welcome and reload bonuses. Bonuses are great for casino players as rollover requirements are generally obtainable. 

Before accepting an online casino bonus, it is essential to read all the terms and conditions, as withdrawals can be delayed until requirements are met. If you are looking to get your feet wet, you might want to avoid casino bonuses, as the wagering requirements could pose more of an obstacle than a reward.

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Best Banking Options at Offshore Casino Sites For 2024

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In the world of online gambling, offshore casino sites have emerged as popular destinations for players seeking entertaining gaming experiences and convenience. However, one crucial aspect of offshore casinos is their deposit and withdrawal options.

Below, we will discuss the best banking options for offshore casino sites in 2024 and the benefits each method offers. So, if you are interested in starting an account, read below to find the perfect offshore gambling banking method for you.

Why Casino Banking Methods Are Important

Offshore casino banking distinguishes itself from traditional banking methods by offering a broader spectrum of financial services tailored to the needs of online gamblers. These services are designed to ensure secure and efficient transactions, adhering to the stringent regulatory standards governing offshore operations.

The Advantages of Offshore Casino Banking

  • Anonymity: Offshore banking provides players anonymity, safeguarding their financial privacy and confidentiality.
  • Global Accessibility: Players can access online banking services anywhere globally, eliminating geographical restrictions.
  • Diverse Payment Options: Offshore casinos offer various payment options, including cryptocurrencies, e-wallets, and traditional banking methods.
  • Enhanced Security: Vigorous encryption protocols and advanced security measures protect transactions against cyber threats and fraud.
  • Faster Withdrawals: Offshore banking typically offers expedited withdrawal processes, ensuring rapid access to winnings.

Cryptocurrency Deposits & Withdrawals

Bitcoin circle coin logoCryptocurrencies have revolutionized the online gambling industry, offering unparalleled anonymity and security. Popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) are widely accepted at offshore casinos. All the casinos in our fastest payout offshore betting guide accept some form of crypto.

Cryptocurrency deposits and withdrawals often avoid added processing fees that are sometimes associated with money-transfer services. Offshore Bitcoin casinos often process BTC transactions in minutes, making them one of the fastest banking options available in 2024.

E-Wallets & Prepaid Cards

E-Wallets such as PayPal, Skrill, and Neteller have become a preferred banking method for many online gamblers. The abovementioned platforms facilitate fast deposits and withdrawals, robust fraud protection mechanisms, and 24/7 customer support.

Prepaid cards like Paysafecard provide players with a convenient and secure means of funding their casino accounts. With no link to personal bank accounts or credit cards, prepaid cards offer an additional layer of anonymity and control over spending in 2024.

Mobile Payment Solutions

With the rise of mobile gaming, mobile payment solutions like Apple Pay and Google Pay have gained traction among online gamblers. These platforms offer convenience and speed, allowing players to fund their accounts with a simple smartphone tap.

Elevating Your Offshore Gaming Experience

In conclusion, the top banking options at offshore casino sites cater to the diverse needs of players worldwide, offering a blend of security, anonymity, and convenience. Whether utilizing cryptocurrencies, e-wallets, or traditional banking channels, players can enjoy seamless transactions and unparalleled gaming experiences at offshore casinos.

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Betting On The Master’s Golf Tournament With Offshore Sportsbooks 

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Masters Golf 2023 Winner

The Masters Golf Tournament is one of the most prestigious golfing tournaments in the world, and the best players come together to compete for a green jacket. 

Over the years, numerous superstars and relatively unknowns have won the tournament, etching their names in golf history. For fans, betting on the competition adds a new level of entertainment. 

Below, we will discuss how to bet on the Masters with offshore sports betting sites

Sportsbook Apps: The Power Is In Your Hands

mobile iconOne of the best features of online sportsbooks is their mobile capabilities. Today, you do not have to travel to place bets on the Masters when you can access the internet. Mobile sportsbook apps can be downloaded from any offshore gambling site if the player confirms their age by providing some personal information. 

Once you have gained access to the exciting world of mobile gambling, golf odds are at the tip of your fingers. Popular sports offered by offshore sites include football, boxing, basketball, soccer, baseball, and, of course, golf. 

Hole In One Odds For The Masters

After reviewing the odds, one of the best lines we see is the hole-in-one odds. At +700 for no hole-in-one, a $100 bet would pay out $700. Only 34 holes in one have ever been recorded in 87 editions of the Masters golf tournament. 

Below, you will see the current odds from Bovada’s online sportsbook concerning a hole-in-one. 

Odds via Bovada

Hole In One?

  • No Hole In One+700
  • 2+ Holes In One-600
  • 3+ Holes In One-350
  • 4+ Holes In One-150
  • 5+ Holes In One+130
  • 6+ Holes In One+250

Future Odds

In addition to hole-in-one odds, you will also find a large supply of future odds for the 2024 Masters tournament. Some of the betting options include who will win the 2024 Masters, the first-round top five, the first-round top ten, and much more. You will also find odds for the 2024 PGA tour, LIV golf competitions, and more. 

Below are select odds from Bovada’s online sportsbook for the 2024 Masters golf competition. 

Overall Winner

  • Scottie Scheffler +450
  • Jon Rahm +1200
  • Rory McIlroy +1200
  • Xander Schauffele +1500
  • Brooks Koepka +1800
  • Hideki Matsuyama +1800
  • Jordan Spieth +2200
  • Joaquin Niemann +2500

1st Round Leader

  • Scottie Scheffler+1000
  • Rory McIlroy+1800
  • Jon Rahm+2000
  • Brooks Koepka+2500
  • Jordan Spieth+2500

1st Round Birdies – Brooks Koepka

  • Over 4.5 +120
  • Under 4.5 -155 
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