The Great Depression in 1929 caused a decline in Nevada mines, prompting the state legislature to legalize gambling. Las Vegas quickly became the number one destination for gamblers and is still the top land based betting target.
Offshore sportsbooks started showing up in the mid-1990’s, and has grown into a multi-billion dollar industry. Offshore sportsbooks are also the result of US Government regulations that they have imposed on gambling. Their online services have attracted sport bettors from all over the world.
The online platforms have made it possible for countless bettors to place a wager on their favorite team or the “line of the week” who do not have access to Vegas’ opportunities. Most sportsbooks also offer a casino experience including poker, making them even more appealing.
Some advantages to offshore sportsbooks include the ability to place wagers on much more than typical land based operations. As well, most offshore books give the option to place straight bets, parlays, teasers, win reverse and action reverse bets. Your betting history is easily accessible as well.
Some sportsbooks will even give you the option of betting on anything from the Academy Awards to who’s going to win the Presidential election.
Another major benefit to using an offshore sportsbook is the country in which your sportsbook exist will have to be licensed and regulated by that country. These governmental regulations will guarantee you safe and secure monetary transactions. Costa Rica, Panama, Australia and Canada are some popular locations.
Internet based offshore sports betting also lets you browse lines, totals and other information on your time, in the comfort of your own home. Betting at a casino or running down to the local sports bar to meet up with your bookie can be stressful.
Putting your bet in can be as much fun as watching the game you’re betting on!
Decisions on what games you are betting on in a relaxed atmosphere should even help you, enabling you to win more by placing better bets. These points can be stressed even further as most companies have broadened their services by giving bettors the option to place wagers using mobile phone platforms and toll free numbers.