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Bitcoin Means Smooth Sailing For Offshore Sports Betting Sites

Published

6 years ago

on

bitcoin offshore sports betting

Local sports betting venues and kiosks are commonplace in much of the world, with several international regions also coming onboard in embracing the pastime.

That said, no sports wagering market is growing more quickly than that in the US, as nearly 20 states have legalized the activity since the Supreme Court overturn of the Professional and Amateur Sports Protection Act (PASPA, 1992) in mid-2018.

In fact, according to CNBC, more than half of Americans live in states that will offer regulated sports betting within the next year or two.

However, even as locally regulated betting shops and domestically operated Internet sportsbooks come online, the options provided for by offshore betting sites remain superior for most bettors in most areas.

The reason for this is simple: Bitcoin support.

No domestic sportsbook in the US or any other country currently accepts Bitcoin (BTC) as a banking option, meaning that you cannot deposit or withdraw with the popular cryptocurrency at these venues.

For many bettors and punters, that’s a deal breaker, as Bitcoin is fast becoming a major industry unto itself, threatening to eclipse many online payment platforms the world over.

To be certain, Bitcoin and other cryptocurrency (aka altcoin) support is not the only reason to use offshore betting sites instead of local domestic options. However, it’s arguably the most compelling reason, and it remains so for both the US and international markets.

Benefits of Bitcoin

There are several overarching reasons to use Bitcoin when patronizing an offshore sports betting service, which is why so many people are turning to the revolutionary non-fiat currency alternative.

While some of BTC’s selling points may not appeal to or seem mission critical for all users, the aggregate of features on offer demonstrate how Bitcoin remains in a class of its own re electronic financial transactions.

  • No transaction fees – When you use BTC to deposit or withdraw at offshore betting sites, there are no added transaction fees. The only transfer surcharges you will ever pay with Bitcoin are those natively assigned by the cryptocurrency itself, and these usually amount to pennies at most.
  • Next-level security – Bitcoin offers the best data security measures of any financial product – or any electronic product – in the world. Bitcoin is said to be quantum hacking resistant, and the open ledger blockchain technology originated by BTC is the gold standard in encryption and fraud prevention.
  • Greater anonymity – Bitcoin is not fully anonymous, but it offers greater anonymity than any banking product on the market. Bitcoin uses numerical wallet addresses – not identities – to send and receive money, and online gamblers value their privacy to a high degree. The old saying is “The Internet is forever.” With BTC, privacy is paramount.
  • Accepted worldwide – Bitcoin is accepted worldwide, and it can be sent person-to-person, person-to-business, business-to-person, or business-to-business quickly and easily. There are no banks to hold up your transfers and make you wait days when you want to bet on tonight’s game or match, and there are no watchdogs sniffing around to delay or intercept your private BTC transfers.
  • Larger deposit bonuses (US, CAN only) – For US and Canadian sports bettors, Bitcoin deposits come with the online betting industry’s biggest promotions. While those in other countries cannot take advantage of these at this time, they’re still a huge bonus (literally!) for eligible bettors.
  • Same-day withdrawals – Bitcoin is the only way to receive same-day withdrawals from major online betting sites. Other payouts, regardless of the type (bank wire, money order, courier check, etc.) will all take at least 3-5 days, but Bitcoin withdrawals will typically show up in your wallet within an hour or two.

Despite its efficacy for online gambling and sports betting, Bitcoin isn’t going to be right for everyone, and many bettors who are used to dealing with fiat money or traditional credit/debit banking are trepidatious to get into a new form of technical currency.

That said, the main issue holding bettors back from embracing BTC is the initial buy-in process. In most markets, including the US, new Bitcoin users have to go through a lengthy acquisition process that can take up to 10 days.

Fortunately, there is a workaround for this.

In the US, new users can get Bitcoin in just a few minutes by using the Zelle-to-Bitcoin process. Zelle is a product of the US banking industry, and most bank account holders already have access to Zelle. Via this instant transfer system, would-be crypto bettors can use Zelle to purchase BTC at a private exchange called LocalBitcoins.com.

This reduces the initial buy-in from days to minutes, and LocalBitcoins does business in more than 200 countries around the world. This gives international punters the same fast way to get their hands on BTC and transfer it to their betting sites of choice.

How To Buy Bitcoin At LocalBitcoins

The steps to purchase BTC quickly and easily at LocalBitcoins follow, showing the process for American bettors. However, regardless of the country you’re in, the main procedure will be largely the same. (Some US-centric books will walk their customers through the Zelle-to-BTC process from their cashier/deposit pages.)

  1. Create a free account at a reputable offshore sportsbook.
  2. Create a free account at LocalBitcoins.com.
  3. Use Zelle (US bettors) or another instant transfer product (International bettors) to purchase BTC from a private seller on LocalBitcoins.
  4. Use the Bitcoin to deposit into your sports betting account.
  5. Place your bets!

Note: LocalBitcoins, though powered by private buyers and sellers, is very safe to use. The site uses an escrow system to hold any BTC after a sale is agreed to, giving the seller zero opportunity to abscond with your funds.

When regulated, US-based sports betting first became a wide-scale reality in 2018, there was much talk of offshore sportsbooks eventually being hampered by the legislation and the move toward domestic bookmakers.

But this hasn’t been the case, and membership is up across the board at offshore books in the roughly 18 months since PASPA was eliminated. Even in countries that have had domestic books in operation for years, offshore sites thrive.

And Bitcoin remains the biggest reason why.

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Anthony Joshua Favored To Knock Out Jake Paul On Netflix

Published

3 weeks ago

on

December 16, 2025

By

Paul vs. Joshua Netflix

This Friday night, Jake Paul will face Anthony Joshua. Paul is a well-known YouTuber who became a boxer. Joshua is a two-time heavyweight world champion and 2012 Olympic gold medalist. You can watch the fight live on Netflix on December 19th. There are also several other exciting matchups that night.

The money line, which is a bet on which fighter will win, shows Joshua as the clear favorite, and the prop bets (bets on specific events within the fight) suggest he could win convincingly.

Jake Paul vs. Anthony Joshua (Bovada)

  • Paul +650, Joshua -1050

Proposition bets, also called ‘props,’ are bets on specific events within the fight, such as how the fight will end, whether there will be knockdowns, or which round the fight might stop. You can find these options by clicking the money line bet at Bovada’s online sportsbook.

Proposition Bets For Paul vs. Joshua

Offshore sports betting sites offer many types of boxing odds. You can find odds for the Paul vs. Joshua fight and for matches around the world. Bettors can combine several prop bets into parlays (single bets that require all selections to win) or use live betting (placing bets during the fight) as the fight happens.

Here are a few prop bets we think offer good value for you.

Will Jake Paul Score a Knockdown?

  • Yes +500
  • No -900

Will Anthony Joshua Score a Knockdown?

  • Yes -600
  • No +375

Will The Fight Go The Distance?

  • Yes +340
  • No -52

Looking at the odds above, I like betting ‘No’ on Joshua scoring a knockdown. Jake Paul has never been knocked down in the ring, and whether you like him or not, he can take a punch. Still, he was knocked out once outside the ring, which broke his nose.

Judgment Day Is Coming

The fight is called Judgment Day. Joshua is about 5 inches taller than Paul. He also has a 6-inch reach advantage. Paul thinks a win will prove he belongs in the sport.

Since his first fight in 2018, Paul has faced criticism for choosing opponents past their prime. He now has a 12-1 record. His only loss came from Tommy Fury, who is Tyson Fury’s half-brother. Paul knocked Fury down in the final round, but the judges still gave Fury the win. This was Paul’s first professional loss.

Anthony Joshua recently beat Jermaine Franklin, Robert Helenius, Otto Wallin, and Francis Ngannou. In his last fight, Daniel Dubois knocked him out in September 2024.

Who Will Win The Jake Paul vs. Anthony Joshua Fight?

All the online sportsbooks we review list Joshua as the favorite, but Jake Paul has shown an ability to surprise observers. The conventional pick is Joshua, but some bettors might consider Paul for an upset due to the potential payout. Prop bets may also offer opportunities during the fight, especially if circumstances change.

Paul vs Joshua fight card

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Live! Casino Announces Temporary Petersburg Casino Opening

Published

1 month ago

on

November 25, 2025

By

Live casino rendering

Live casino logoA temporary gaming facility is set to debut in Petersburg, Virginia, on January 22, 2026, marking the first phase of the larger Live! Casino & Hotel Virginia project. The interim casino will be located on the same 100-acre property off Interstate 95 where the permanent resort is currently under construction.

When completed, the full-scale venue will span 445,000 square feet and offer a mix of gaming, dining, and hotel accommodations.

Plans include:

  • 70,000+ square feet dedicated to meetings, conventions, and entertainment.
  • A 200-room luxury hotel with 25 suites, a resort-style pool, and a fitness center.
  • 1,600 slot machines, more than 60 table games, a 22-table poker room, high-limit areas, and a sportsbook.
  • Nearly 20 restaurants, bars, and entertainment options, many featuring local partnerships.
  • Complimentary parking for guests.

Casino officials emphasized that hiring is underway for hundreds of positions, including dealers, guest services, and security staff.

Penny Parayo, Senior Vice President and General Manager of Live! Casino Virginia told the media: “We are thrilled to announce the opening date. Our team has been working hard day and night to welcome guests through our doors for the first time in January.”

Other VA Casinos

There are currently only three licensed casinos in Virginia:

  • Hard Rock Hotel & Casino Bristol
  • Rivers Casino Portsmouth
  • Caesars Virginia in Danville

You can also find numerous historical horse racing (HHR) machines that operate in smaller venues across the state. While technically not slots, HHR machines often mimic slot machines with pull levers and numerous gameplay titles.

All of the domestic Virginia casinos offer Class III gaming, including table games, slots, poker, and sports betting. Sports betting is the only option currently allowed to operate online within the state’s borders.

Are Online Casinos Legal In Virginia?

Current Virginia law does not permit domestic casinos to operate online; however, no state or federal laws prohibit offshore casinos from accepting VA players.

Offshore betting sites have been servicing the United States since the early 2000s and have become one of the most popular ways to wager online. With real-money payouts, welcome bonuses, reward packages, and other player perks, online betting has far surpassed its domestic counterparts in many areas of the US.

There are only seven states (Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, Rhode Island, and West Virginia) that license online casinos to operate. However, these casino sites are geofenced and only offered to players of age who are physically located within the state’s borders.

States that allow offshore betting sites are plentiful due to the lack of federal legislation. However, some states have blocked popular sites to boost their local casino and online sportsbook revenue.

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NBA Changes All-Star Format To Include International Team

Published

2 months ago

on

November 12, 2025

By

NBA Allstar Game 2026

The NBA has unveiled a significant shake-up for the 2026 All-Star Game, introducing a U.S. vs. World format with a round-robin tournament.

The event will take place on February 15, 2026, at Intuit Dome in Inglewood, California, marking the first time the showcase will feature this international competition style.


2026 NBA All-Star Game Adopts U.S. vs. World Format

The NBA and NBPA confirmed that the 2026 All-Star Game will break from tradition, replacing the East vs. West setup with two U.S. squads and one international team. Each roster will include at least eight players, competing in a four-game round-robin tournament with 12-minute matchups.

Game Structure:
Game 1: U.S. Team A vs. U.S. Team B
Game 2: Winner of Game 1 vs. World Team
Game 3: Loser of Game 1 vs. World Team
Game 4: Championship between the top two teams

If all three teams finish with a 1–1 record, point differential will decide who advances to the final.

All-Star Selection Process

The 24 All-Stars will still be chosen through the familiar voting system:

  • Starters: Fans (50%), players (25%), and media (25%)
  • Reserves: Selected by NBA head coaches

Unlike past years, positions will not factor into selections, allowing for more flexibility in roster construction. If voting doesn’t yield the required 16 U.S. players and eight international players, Commissioner Adam Silver will appoint additional All-Stars to balance the teams.

Betting On The 2026 NBA All-Star Game

Online sports betting sites have not released odds for the upcoming NBA All-Star Weekend, as the competition is still months away. So, for now, bettors are turning their attention to the futures market, which remains active with lines available for the NBA In-Season Tournament winner, conference champions, and divisional winners.

Offshore sportsbooks, meanwhile, are known for offering a broader range of betting options compared to their regulated domestic counterparts. These platforms often emphasize game lines, player props, and specialty markets, giving bettors more variety and flexibility.

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