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US Sports Betting Market Looking At Expansion

Published

6 years ago

June 5, 2017

Sports betting legalization in the US could be possible through a new Congressional bill. The Gaming Accountability and Modernization Enhancement Act, or GAME Act, made its Congressional debut through the Energy and Commerce Committee. The bill calls for the repeal of PASPA, or the Professional and Amateur Sports Protection Act, the federal ban on sports betting that has been standing for 25 years.

PASPA bans sports betting in 46 states, with Oregon, Delaware, Montana, and Nevada the only exceptions. Out of these four, Nevada is the only state to offer single-game betting through licensed and regulated brick-and-mortar and online sportsbooks. The GAME Act, if passed, would effectively repeal PASPA and allow for a legal and regulated framework to be set up for casinos, poker rooms, and sportsbooks nationwide.

All authoritative oversight would fall to the Federal Trade Commission which would also be responsible for establishing consumer protections each state must adhere to before being able to offer sports betting. Sports betting would need to be legalized via voter referendum per state and the individual states would handle their own regulation.

This expansive ambition is the product of Representative Frank Pallone, the head of the Energy and Commerce Committee and fierce sports betting advocate. Pallone has authored previous bills that called for sports betting in his home state of New Jersey, but those pale in comparison to the scale of the GAME Act.

His state also recently lost out on its initial sports betting case thanks to the Solicitor General. That case was the preliminary effort against PASPA, though it tried to work around the ban instead of calling for it to be repealed.

Legal sports betting is not impossible for US residents. Bettors can make the trip to Nevada and walk into one of the physical sports betting locations, or they can try their hand at one of the Nevada Gaming Commission’s regulated online sportsbooks. There are also other options in offshore sportsbooks. US federal law permits US residents to place bets with legally sanctioned and regulated offshore sportsbooks providers.

The top reputable offshore sportsbooks that accept US residents emulate the Las Vegas brick-and-mortar sports betting experience but with more perks. These perks include a wider selection of betting lines and wagering types, 24/7 live chat support, and exclusive bonuses and promotions that give players more money to bet with at no additional cost to bettors.

Pallone’s GAME Act could potentially reimagine the US sports betting landscape. US-based online gambling initiatives have not been able to compete with offshore providers in terms of selection or services rendered. This has led to a vast migration of American bettors over to these sites. Pallone even cited the $400 billion sports betting industry that is being missed out on because of PASPA in the GAME Act’s introductory session. He also admitted that the bill does need some revisions if it is to pass through the legislative process.

However, if the GAME Act passes and there is a nationwide sports betting framework created, the US might start to see some of the traffic divert away from offshore betting sites and instead opt for US-based online sportsbooks. In fact, US-based sportsbooks may even try to offer a similar bonus incentive structure with more betting lines and wagering types so they can become more competitive within the industry.

All of this rides on the GAME Act successfully passing, which will likely be a drawn-out process. Sports betting advocates have been lobbying for this type of legislature, and the GAME Act may very well be the answer they have been looking for.

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New Summer Slot Titles At Bovada’s Online Casino

Published

1 week ago

May 22, 2023

Offshorebettingsites.net

As the summer rolls in, so do new online slot titles at Bovada’s online casino. Bovada is known as one of the most trusted offshore casino sites available to USA players, and while they have built an excellent reputation among players since their launch in 2011, today, they are one of the most secure and entertaining online casinos operating from offshore.

Betting on slots is the backbone of domestic and online casinos, as they offer hours of entertainment with multiple ways to win. Most players who play slots have their favorite titles they have grown accustomed to but should not sleep on the new titles as they offer up-to-date technology and encompasses everything learned from player habits and previous releases.

New Slot Titles Available At Bovada

Occasionally, Bovada is known to release additional slot titles. When new titles are added, older titles are typically replaced since there are already tons of titles, and the casino wants to offer its best games and reduce clutter for new users. Some new slot titles are themed as Christmas-related, St. Patrick’s Day-related, or Easter related.

In addition to the tons of slot titles already offered at Bovada’s online casino, they have just released a few more in time for summer 2023.

Oasis Dreams
Golden Savanah
Thunderbird Spirit
Temple of Athena
Galapagos Islands
Vikings
Year of the Rabbit

Hot Drop Jackpot Slots

Hot Drop Jackpots are a new promotion Bovada, and its sister sites use to entice players to play select titles. In addition to the already embedded jackpots and win lines, Bovada is giving additional “Hot Drop Jackpots” that are timed and released every day or once a week. The three jackpots include: Hourly Jackpot, Dailey Jackpot, and Super Jackpot (drops before $300k is reached)

Other Casino Games Available at Bovada

In addition to slot titles, users can play many other online casino games with a single account. The following is just a touch of all the online casino games available at Bovada’s online casino.

Blackjack
Roulette
Video Poker
Craps
Baccarat
Keno
Live Dealer Games

Each of the games available online at Bovada is tested for fairness by a trusted offshore gambling regulator that issues compliance records so that players can ensure they are not being cheated. Our industry professionals have been playing online with Bovada for years and love the crypto banking options, friendly customer support, and bonus options that are available online.

If you are looking for a new online casino, we suggest you see our online Bovada casino review to see what the site offers new players and why we rate them so high compared to their competitors.

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Semifinal Odds Favor Boston Celtics To Win their 17th NBA Championship

Published

2 weeks ago

May 16, 2023

Offshorebettingsites.net

Online sports betting sites are unanimously favoring the Boston Celtics to win the 2023 NBA Finals based on the future odds offered at this time. After a dominant playoff run, the Celtics are poised to have a great season no matter what happens in the later rounds, but fans are laying down cash on Boston to win their 17th NBA Championship.

The NBA Semifinals start Tuesday, May 16th, when the Los Angeles Lakers take the court against the Denver Nuggets for game one of the Western Conference Finals. On May 17th, the Miami Heat will take on the Boston Celtics for game one of the Eastern Conference Finals. The winner of the two series will face off in the 2023 NBA Finals.

Future Odds To Win The NBA Finals

Boston Celtics EVEN
Denver Nuggets +250
Los Angeles Lakers +290
Miami Heat +1400

Lakers vs. Nuggets – Western Conference Finals

According to most NBA betting sites, the Los Angeles Lakers are a slight underdog, but the odds are close. Nikola Jokic has been lighting it up in the postseason, but he must lead his team against a young Los Angeles Lakers team led by NBA superstar Lebron James.

Lebron James is near the end of his professional basketball career, and he is playing with a mission this season, but he might have met his match with Nikola Jokic. Jokic is almost ten years younger than Lebron and only getting better as time passes. Below are the game lines for game one of the Western Conference Finals.

Los Angeles Lakers vs. Denver Nuggets

Spread: +6.0 (-110), -6.0 (-110)
Win: +200, -240
Total: O223.0 (-110), U223.0 (-110)

Heat vs. Celtics – Eastern Conference Finals

The Miami Heat are considered long shots in this NBA matchup, as they had to win a play-in contest to advance to the first round of the NBA playoffs. However, the Heat has been more determined than ever after almost going out against the Atlanta Hawks earlier in the play-in games.

The Boston Celtics seem unstoppable with Jason Tatum’s hot hand going into the Eastern Conference finals, but the Heat will likely do all they can to slow him down. Odds boards have the Celtics as heavy favorites in the game lines and future odds section, but anything can happen in the paint.

Miami Heat vs. Boston Celtics

Spread: +8.0 (-110), -8.0 (-110)
Win: +285, -370
Total: O210.5 (-110), U210.5 (-110)

Where To Bet On The 2023 NBA Playoffs & Finals

The most trusted offshore betting sites are a good place to start when laying down some action on NBA games. Of course, there are always domestic sports betting locations, but they do not typically offer the conveniences that online sportsbooks offer.

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Cryptocurrency Bonus Rewards At Offshore Sports Betting Sites

Published

3 weeks ago

May 8, 2023

Offshorebettingsites.net

Are you a fan of online gambling and cryptocurrencies? If yes, then you’re in for a treat! Offshore betting sites have provided a new and exciting way for gambling enthusiasts to earn bonus rewards through cryptocurrencies.

Below we will discuss how offshore betting sites use cryptocurrencies to offer bonus rewards and why you should consider taking advantage of them if you frequently wager online.

What are Cryptocurrencies?

Cryptocurrencies are digital currencies (money) that operate independently of banks and governmental oversight. They typically use blockchain technology to secure and verify transactions and control the creation of new units.

One of the selling features of cryptocurrencies is that they are decentralized, which means they operate on a peer-to-peer network. Decentralization eliminates the need for intermediaries such as banks or currency exchanges, resulting in lower transaction fees and faster processing times.

Cryptocurrency Bonus Rewards

Offshore betting sites we review, such as Bovada and Café Casino, have started to embrace cryptocurrencies and offer bonus rewards to their customers that deposit with an accepted digital currency. Crypto rewards are given as additional funds in your betting account.

The bonus reward amount can vary depending on the betting site and the type of cryptocurrency used. However, these rewards are not uncommon to be equivalent to a percentage of your deposit. For example, if you deposit $100 in Bitcoin, you may receive an additional 75% bonus reward in the form of Bitcoin.

Why You Should Consider Cryptocurrency Bonus Rewards

There are several reasons you should consider taking advantage of cryptocurrency bonus rewards for several reasons. Firstly, they offer an additional way to earn money while betting on your favorite sports, casino games, or online poker tournaments.

Secondly, using cryptocurrencies can provide you with greater privacy and security when betting online. Since these currencies operate independently of banks and governments, they offer additional protection against fraud and identity theft.

Thirdly, using cryptocurrencies can also result in faster processing times for deposits and withdrawals. Faster deposits and withdrawals can be especially beneficial if you want a more seamless betting experience.

How to Buy Crypto Online And Fund An Online

To buy cryptocurrency online, you must sign up at a popular exchange where you purchase bitcoin or other altcoins. Some crypto exchanges also act as digital wallet where you can store your digital funds, but we recommend utilizing a different digital wallet that provides additional securities.

Once you have an address for your digital wallet, you can send purchased digital currencies to your address. The process is also similar when funding your online betting account. Once you sign up and verify your identity, you can fund your offshore betting site with traditional banking methods or use digital currencies to get more bonus perks. Once you have your digital wallet address and crypto in the bank, you can send as much as you like to the offshore betting site by scanning the QR code provided or entering your digital wallet address.