The Best US Online Betting Sites (2024 Update)
The Best Online Betting Sites | Top Online Betting in US
Disclaimer: Check your local laws to be sure online gambling is available and legal where you live. Underage gambling is an offense, all sites are 18+ ONLY. Gambling can be addictive, please play responsibly and only bet what you can afford. Casinos listed may not be available in your region.
(Ad) If you're looking for the best online betting sites or online sports betting apps, you know that it can be a tedious process to find the right one. There are just too many options to choose from, right? And how do you know which bonus or odds are best? How do you know if the site you have chosen is a legal online sports betting platform? Well, you don’t have to guess anymore—we’ve reviewed the top gambling websites for betting online on sports.
With the immense changes to the legislative landscape that have taken place over the past few years, online sports betting has grown tremendously. This means that more state-approved online sportsbooks are available, making it much easier to find a secure and enjoyable online platform.
Here you'll discover everything you need to know about online sports betting. We've covered all of the important factors, including brand information, customer support, licensing, and game variety.
Whether you're a sports betting veteran or a novice, all of this information will assist you with making an informed decision about choosing an online sportsbook.
Check out these topics below:
- Creating a sports betting account
- How to deposit
- Bonuses: the claiming process
- Making your first bet
- Getting your money out: withdrawals
Best Betting Sites
| 1 | BetOnline | Trustworthy and Secure Banking Options | |
| 2 | SportsBetting.ag | Reliable and Secure Site | |
| 3 | Bovada | Excellent Customer Support | |
| 4 | GTbets | Wide Variety of Sports | |
| 5 | MyBookie | Best Live Betting Options | |
| 6 | Xbet | Best Sportsbook for Mobile Betting | |
| 7 | BUSR | Top-Notch Customer Support | |
| 8 | Everygame | Best Sportsbook for Special Promotions |
Top Betting Sites
BetOnline: Trustworthy and Secure Banking Options
- Great betting odds
- Betting on major sporting events
- Las Vegas style casino games
BetOnline Information
Welcome bonus offer 1: Up to $1,000 on your first deposit
Welcome bonus offer 2: Up to $1,000 on your first crypto deposit
Date established: 2004
Owned by: Privately owned, CEO: Eddie Robbins III
Licensing: Panama Gaming Control Board
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
Available in these states: All states except New Jersey
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 9/10
BetOnline is an online sportsbook that offers a wide range of sports to bet on, including football, basketball, baseball, hockey, soccer, and college sports among others. It also offers a variety of banking methods, including credit cards, debit cards, Bitcoin, and other cryptocurrencies.
BetOnline is licensed and regulated by the Panama Gaming Control Board, ensuring a legal online sports betting experience. The sportsbook also employs SSL encryption technology to protect its customers' personal and financial information.
New customers can enjoy a welcome bonus of up to $1,000 for deposits made via traditional payments as well as cryptocurrency. The site also provides customers with a range of other promotions, such as a 100% crypto bonus up to $1,000, a $25 risk-free player prop bet, and a $25 free bet for live betting.
Customers can contact BetOnline's customer support team through live chat, email, or phone 24/7. Overall, BetOnline is one of the best online betting sites when it comes to the range of sports betting markets. Get in on the betting action by joining BetOnline today.
SportsBetting.ag: Reliable and Secure Site
- 24/7 customer support
- Major sports leagues
- Regulated sports betting
SportsBetting.ag Information
Welcome bonus offer 1: 50% up to $1,000 on your first deposit
Welcome bonus offer 2: 100% up to $1,000 on your first crypto deposit
Date established: 2003
Owned by: Commission.bz
CEO: N/A
Licensing: Panama Gaming Control Board
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
Available in these states: All states
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 8.5/10
SportsBetting.ag has one of the biggest welcome bonus offers for sports bettors. The site matches your first deposit 50% up to $1,000, depending on how much you put in. SportsBetting.ag has a wide range of sports betting options, including football, basketball, baseball, soccer, and even esports.
One thing that's really important to us is licensing and security. SportsBetting.ag is licensed in Panama and uses SSL encryption to keep your information secure. Furthermore, the retail sports betting site offers one of the biggest collections of online banking methods. These include Visa, Mastercard, Bitcoin, Dogecoin, Litecoin, and many more. The site offers a whole range of withdrawal options, with some offering payouts of up to $100,000 per transaction.
If you ever have any questions about using Bitcoin, or anything casino-related, the customer support team is available 24/7 via phone, email, or live chat.
If you value security as much as we do, sign up with SportsBetting.ag.
Bovada: Excellent Customer Support
- Legal online betting
- Great betting odds
- Popular games
Bovada Information
Welcome bonus offer: Up to $250 welcome bonus
Date established: 2011
Owned by: Morris Mohawk Gaming Group
Licensing: Curacao
Legal: Yes
Betting types: Sports betting, online casino, live casino, poker
Available in these states: All states except for Nevada, New Jersey, New York, Maryland, and Delaware.
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 8.5/10
Bovada is an online sportsbook that offers all your favorite sports to bet on, including football, basketball (both college basketball and pro basketball) hockey, baseball, and soccer. They offer a variety of banking methods for deposits and withdrawals, including credit cards, debit cards, and Bitcoin.
New sign-ups are eligible for a 50% sports welcome bonus worth up to $250. The bonus and deposit have a wagering requirement of 5x each, which is very reasonable.
Bovada is licensed and secure, which means you can legally place bets online. It also has state-of-the-art SSL technology that protects players’ money and data. Customer support can be contacted through phone, email, or live chat.
All in all, Bovada is the best sportsbook if you're looking for low and doable wagering requirements. So, sign up today and take advantage of their bonus offer.
GTBets: Best Sports Betting Range
- Comparative betting odds
- Odds boosts
- Offers major sports leagues
GTBets Information
Welcome bonus offer: Up to $750 welcome bonus
Date established: 2011
Owned by: Goldrush Gaming Group
Licensing: Curacao
Legal: Yes
Betting types: Sports betting, online casino, horse racing
Available in these states: Alabama, Alaska, Arizona, California, Connecticut, Florida, Georgia, Hawaii, Idaho, Kansas, Maine, Massachusetts, Minnesota, Nebraska, North Dakota, Ohio, Oklahoma, South Carolina, South Dakota, Texas, Utah, Vermont, Wisconsin, Wyoming
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 8.5/10
GTBets is one of the top sites for betting on sports online. The GTBets welcome package consists of two bonuses, split over your first two deposits.
- Deposit 1: 100% deposit match up to $500
- Deposit 2: 50% deposit match up to $250
There are plenty of sports to choose from, including your favorite sports like baseball, basketball, American football, boxing, tennis, hockey, horse racing, and golf. This is supplemented by less common options, such as darts. The site also offers some of the biggest sporting events, such as the NBA playoffs.
Bettors who prefer to bet online while they're on the go will love the mobile site. Finally, customer support is available 24/7 via phone and email.
If you would like to place wagers on a wide variety of sports and other games, sign up at GTBets.
MyBookie: Best for Live Betting
- 24/7 support
- VIP rewards program
- Fast payouts
MyBookie Information
Welcome bonus offer 1: 50% up to $1,000 on your first deposit
Date established: 2014
Owned by: David Carruthers
Licensing: Curacao
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, racebook, online casino, esports
Available in these states: All states
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email
Rating: 8/10
MyBookie offers a host of sports to bet on, including tennis, golf, basketball, baseball, football, and NASCAR. The sportsbook is complemented by online casino games, a racebook, and live betting.
MyBookie bettors have plenty of ways to earn extra cash. One of these is the sportsbook's referral program, where you can earn up to $200 when someone signs up using your link and deposits at least $50. Referral bonuses can be redeemed infinitely, so the earning potential is endless.
The welcome bonus is a 50% deposit match on your first deposit up to $1,000. The bonus requires a minimum deposit of $50 and has a playthrough requirement of 10 times. The site also offers regular reload bonuses, free spins, weekly casino bonuses, and racebook rebates.
MyBookie also has an invitation-only VIP program, where VIPs receive dedicated support, personalized promotions, their own personal account managers, regular cashback, faster payouts, and increased betting limits.
MyBookie accepts a wide variety of payment methods, including credit cards. debit cards, and cryptocurrencies. Payouts are also processed within 48 hours. For any questions or concerns regarding payments or other casino matters, you can get in touch with customer support.
If you consider yourself a VIP and you're looking for a sportsbook to reward you for it, join MyBookie.
Xbet: Best Sportsbook for Mobile Betting
- Live sports
- Mobile betting
- 24/7 support
Xbet Information:
Welcome bonus offer: 50% up to $500 on your first deposit
Date established: 2014
Owned by: N/A
Licensing: Curacao
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
Available in these states: All states
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 7.8/10
Xbet is a reliable and secure online sportsbook. Although the site's main focus is sports betting, it also offers slots, roulette, blackjack, and horse racing.
The sportsbook offers a $50 sign-up bonus, which is accompanied by a wagering requirement of only 7 times. Compared to other sportsbook sites, this is gold. The bonus requires a deposit of at least $45. The sportsbook also offers frequent promotions, like a casino sign-up bonus, reload bonuses and cashback. So, keep an eye on the promotions page.
Payment methods accepted by the sportsbook include all major credit and debit cards, as well as a variety of cryptocurrencies. Last, the Xbet customer support team is on call 24/7 through live chat or email.
BUSR: Top-Notch Customer Support
- $2,500 welcome bonus
- Around-the-clock customer support
- All major sports
BUSR Information:
Welcome bonus offer 1: 150% up to $2,500 on your first deposit
Date established: 2014
Owned by: Duranbah N.V.
Licensing: Curacao
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, racebook, online casino, esports, poker, contests
Available in these states: All states
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email, phone
Rating: 8.2/10
BUSR is an international online sports betting site with head offices in the UK and the US. The site offers a well-rounded online gambling experience by including sports betting options, casino games, and a racebook. Popular sports include MMA, NBA, NFL, NCAAB, and NHL.
New sports bettors can receive a 150% welcome bonus of up to $2,500 when making their first deposit. Note that a minimum deposit of $100 makes you eligible for this bonus. There is no shortage of other promotions in this sportsbook. Some of the site's promotions include crypto betting bonuses, a friend referral bonus, a racebook bonus, a casino bonus, and horse racing rebates.
You can make instant deposits at the site using any Visa or Mastercard credit/debit card. Other payment methods include bank wires, Moneygram, and peer-to-peer. Payouts are processed within 24 to 4 hours, so you will never wait too long for your money.
The sportsbook has an extensive Help Center covering all casino-related questions. If the Help Center does not answer your question, you can always contact customer support via the contact form, live chat feature, or phone. Join BUSR today to claim their amazing bonus.
EveryGame: Best Sportsbook for Special Promotions
- Diverse sports collection
- Great betting odds
- 5,000+ daily wagers
Everygame Information:
Welcome bonus offer: 100% up to $250 on your first deposit
Date established: 1996
Owned by: Thinkquick Ltd
Licensing: Curacao
Legal: Yes
Betting types: Sports betting on all popular sports, live betting, online casino, esports, poker, contests
Available in these states: All states except Washington, Maryland, Louisiana, Kentucky, New Jersey, and New York
Platforms: PC, mobile
SSL secure: Yes
Support channels: Live chat, email
Rating: 8.6/10
EveryGame allows you to wager on any major sport you can think of, including, NH, NFL, NBA, college basketball, college football, and much more. The EveryGame casino is powered by real-time-gaming software and offers bettors a wide variety of blackjack, roulette, and baccarat games. The site also has over 300 slots.
The sportsbook has a $150 sign-up bonus up for grabs, which is awarded over your first three deposits at the site. This means you can get $50 for each of your first three deposits. Besides the welcome bonus, the site has a wide variety of promotions, which you can check out on the promotions page.
EveryGame provides customers with a wide range of online banking options, including credit and debit cards, cryptocurrency, and e-wallets. Furthermore, customer support is available 24/7 through live chat and email. Take advantage of all that Everygame has to offer by signing up today.
Where in the US Is Online Sports Betting Legal?
In 2018, the US Supreme Court ruled that the ban on sports betting be removed. Each US state has its own state law regarding sports betting online. For example, in some states, you can only bet on sports online, while in others you can bet both online and in person. On the other hand, there are other states where sports betting, whether online or offline, is completely illegal.
Nonetheless, quite a few US states have made the move to legalize sports betting. These include Arkansas, Arizona, Iowa, Illinois, New York, and New Jersey. If you're not sure whether online sports betting is legal in your state, check out your local gambling laws.
Top Sports for US Sports Bettors
Sports bettors in the US can wager on myriad sports, including some local favorites as well as international sports. Among the top options, you will find American football, basketball, hockey, baseball, UFC/MMA, motorsports, soccer, tennis, and golf. Some other lesser-known options include darts, snooker, cycling, handball, volleyball, surfing, and skiing, among others.
Note that not all betting sites offer all sports. While some are known for NBA and NFL, others are known for their wide range of niche sports like rugby, soccer, and cricket. You will generally find a wide range of sports at any given site. However, if you have a particular taste when it comes to sports betting, choose your sportsbook carefully.
Betting on Football
The most popular sport in America is American football, a sport that developed from soccer and rugby in England. Players are allowed to touch, toss, and transport the ball with their hands, unlike in soccer. American football differs from rugby in that each side is given the opportunity to control the ball during alternating possessions. The most popular event is the Super Bowl, which takes place at the end of the season and generates millions in revenue.
Betting on Basketball
Basketball is played on a rectangular indoor court between two squads of five players each. The game is rather frantic, and the brief sprints necessary to run down the court's length take a lot of stamina. Each team scores by dropping the ball through the opposing team's “basket.” The NBA is the most popular professional basketball league in the world and each year new champions are crowned at the end of the season.
Betting on Baseball
Baseball is played using a relatively small ball and a bat. Each player wears a sturdy leather baseball glove for catching. Two teams, each consisting of nine players, compete on a field with a total of four white bases spread out in a diamond pattern. Teams switch off in the roles of fielders and batters. When three players from the batting team are eliminated, the teams switch places. While not as popular as football and basketball, it's still considered “America's favorite pastime.”
Betting on Soccer
Soccer, or association football, is the most played sport worldwide. Two squads of 11 players each attempt to move the ball into the opposing team's goal. The squad that scores the most goals wins, and the use arms or hands on the ball is prohibited. The MLS is the most successful soccer league in America and features many of the top players from the US and South America.
Betting on Boxing
Boxing is a combat sport in which two players exchange blows for a certain period of time in a boxing ring. Gloves and other gear are typically worn by fighters and the sport features various weight classes. Boxing might not occur as frequently as other sports, but each event is generally high-profile.
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Betting Types
If you are new to online betting, you might have noticed that there is a lot of betting terminology, which can be confusing. To help you out, we have created a list of the most common bets you will come across at an online sportsbook. Check them out here.
Moneyline
A moneyline is a type of betting line that sets the odds for a specific event. It requires you to pick which team will win or if the game will end in a tie. The moneyline odds are expressed as either a positive or negative number, and they indicate the amount of money that must be wagered in order to win $100. For example, if Team A has a moneyline of +150, it means that you would need to bet $150 in order to win $100. On the other hand, if Team B has a moneyline of -200, it means that you need to wager $200 to win $100. Moneylines can also be used for other sports such as soccer and tennis. When betting on these sports, the same principles apply—the positive or negative number indicates how much needs to be wagered in order to make $100.
Parlays
Parlays involve multiple outcomes from different betting events. They can be very lucrative, as you can combine your bets and potentially win big. A parlay can consist of any number of bets, although typically they involve two to six separate bets. Each individual bet must be successful for the parlay to pay out; if one of the bets does not come in, then the entire wager is lost. Parlays are popular because they can offer larger payouts than individual bets due to their increased risk. However, while they do have the potential for bigger returns, they also have a higher risk of failure, as all outcomes must be successful to receive a payout.
Teasers
Teaser bets have the flexibility to let you adjust the point spread or total on a given game. A teaser bet is essentially a combination of two or more bets, where you can move the spread in your favor to receive better odds. This type of bet is commonly used in football and basketball betting, but can also be used in other sports such as hockey and baseball. The higher risk associated with teaser bets means they often come with higher payouts than traditional straight bets. Teasers are an exciting way to increase the chances of winning, but the increased odds could also mean increased risk.
Futures
When using futures bets, you bet on the outcome of an event that will occur in the future. This type of bet is usually placed on sports events, such as a particular team winning a championship or an individual athlete winning an award. Futures bets can involve any type of event, however, including political elections and reality television shows. The odds for futures bets are typically longer, since the outcome is uncertain and can change as time goes on. You may have to wait weeks or months to know if your bet was successful, making it vital to consider all the potential outcomes before placing a futures bet.
Props
Props bets focus on specific events or occurrences within a sports game. These are generally considered to be less risky than traditional sports betting, which takes into account the outcome of a game. Props can be made on individual players or teams, and can include things like how many points a certain player will score in a given game, the total number of three-pointers taken in a game, or even the total number of fouls committed by one team. They offer a great choice compared to traditional betting and can add an extra layer of excitement to any sporting event. With props bets, you don't have to wait until after the final whistle blows to find out if you won or lost; instead, you get instant gratification as soon as each individual prop bet is settled.
Totals (Over/Under)
Totals bets predict whether the total number of points scored by both teams in a game will be over or under the amount set by the betting site. This is one of the most popular types of bets, as it is easy to understand and does not rely on which team will win. You simply need to decide if the total score for both teams combined will be over or under the set number. There are also other variations on this type of bet, such as half-time totals, quarter totals, and so on. The sportsbook will set a line for each game and it is up to you to decide whether you think it will go over or under that line.
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How We Rate Top Online Sportsbooks
When it comes to rating online gambling websites for sports betting, there are a few key factors you should consider. Here are four things we look at when rating top websites for sports betting.
Reputation and Trustworthiness
First and foremost, we look for websites that have a solid reputation in the industry and are known for being trustworthy. You can check out online reviews and ratings to get a sense of how a website is perceived. Furthermore, you can find our top sportsbooks in any state that has legalized sports betting.
Bonuses and Promotions
Bonuses and promotions are by far the biggest attractions of online casinos and sportsbooks. We thus recommend websites that offer generous bonuses and promotions, such as free bets or deposit matches.
Payment Options
Our top websites for betting online offer a variety of payment options, including credit cards, e-wallets, and bank transfers. We also look for support in USD and check for US-friendly payment methods like PayPal and Visa.
Betting Options
Finally, you want to make sure that the online gambling website you choose offers the sports and betting options that you're interested in. Look for websites that provide a wide range of sports and betting markets, and that have competitive odds.
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Signing Up at a Betting Site
Once you have chosen the betting site that suits your needs, it is time to sign up and create an account. This process is usually straightforward and simple. Here are the steps to signing up at a betting site:
- Fill out the registration form with your personal details such as name, address, and email.
- Choose a username and password for your account. Make sure to pick something secure that you can easily remember yet is difficult for others to guess.
- Read and agree to the terms and conditions of the betting site you have chosen.
- Confirm your email address by clicking on a link sent by the betting site in an email or by entering a code sent via text message or phone call.
- Once all these steps are completed, your account should be ready for use!
How to Deposit
Completing your first deposit is the next important step when getting started betting online. The process is usually very simple on most platforms and generally follows these steps:
- Head to the cashier section of the sportsbook and select "deposit"
- Choose your preferred deposit method and the amount you'd like to deposit
- Confirm the transaction on the app of the banking method
- Wait for the transaction to be processed
- Start betting
Popular deposit methods for US players
- PayPal
- Visa
- MasterCard
- Discover
- American Express
- Diners Club
- Online Bank Transfer
- Play+
- Skrill
- eCheck
How to Claim Bonuses
Bonuses are among the best parts of online betting and there are plenty of different offers available. The good news is that the process of claiming a bonus offer is very simple and you could be on your way to enjoying a great run of free bets. All you need to do to get started is to follow the process below:
- Register an account at your preferred online sportsbook.
- Head to the cashier section.
- Choose to deposit cash and check if you'll require a promo code; if you do, enter it.
- Proceed with the deposit process and wait for the transaction to be confirmed.
- Start betting.
Always ensure that you understand the terms and conditions of the wagering requirements before you claim a bonus.
Your First Bet
For beginners, sports betting can come across as confusing. However, once you get started, you'll find the most difficult part of the process is choosing the bet itself. To place your first bet, follow the steps listed below.
- Head to the event that you'd like to bet on.
- Click on the betting cell.
- Enter the amount that you wish to bet.
- Submit your bet.
How to Withdraw
The withdrawal process is similar to the deposit process. Follow the steps that are listed below to complete a withdrawal:
- Head to the cashier section and select "withdraw".
- Choose your preferred withdrawal method and enter the amount you'd wish to withdraw.
- If needed, submit a copy of your ID and proof of address to complete the KYC (Know Your Customer) process.
- Confirm the withdrawal on the mobile app of the banking method.
- Wait for the withdrawal to be processed.
Popular withdrawal methods for US sports bettors
- PayPal
- eCheck
- Online Bank Transfer
- Play+
- Visa
The Legal Status of Sports Betting in the US
Sports betting is a controversial topic in the United States, with different states having different laws and regulations. Certain states have legalized sports betting, allowing for licensed sportsbooks to operate within their borders. However, other states have not yet made the move to legalize sports betting.
This stance has created a divide between those who are in favor of sports betting and those who are against it. Supporters argue that legalizing sports betting would provide additional revenue for state governments, while opponents argue that such activities should remain illegal as they could lead to increased crime and corruption. Ultimately, it is up to each individual state to decide which stance they want to take on the issue of sports betting.
Sportsbooks History in the States
Sportsbooks in the United States have a long and storied history. The first legal sportsbook was opened in Las Vegas in the 1930s, with horse racing being the first sport offered. In 1976, the Nevada Legislature passed a law legalizing sports betting, and since then sportsbooks have become commonplace in that state.
Over the years, other states have followed suit and legalized sports betting, with many now offering online sports betting as well. This has opened up opportunities for US players to place bets on their favorite teams from anywhere in the country. As of today, more than 20 states offer some form of legal sports betting through retail or online outlets. With more states expected to legalize it soon, it's clear that sports betting is here to stay in America.
Betting on Mobile
Mobile sports betting has grown in popularity in recent years, due to the convenience and ease of use that it offers. With mobile sports betting, you can place bets from anywhere and at any time. You don't have to be sitting at a computer or even near a bookmaker's shop. All you need is an internet connection and you can start placing your bets.
Mobile sports betting apps and sites make it easy for bettors to stay up-to-date on the latest betting odds and trends. They also provide helpful tools like live scoreboards, news updates, statistics, game previews, and other tools that enable bettors to make informed decisions about their wagers. Additionally, many mobile sports betting apps offer promotions or bonuses that can help bettors increase their winnings or recoup losses if they don't win their bets.
Responsible Gaming
Whether betting online or at a physical betting location, always keep in mind that you should consider it a form of entertainment and not a way to make money. This is why responsible gamblers set limits on how much they are willing to spend before playing.
You should also make sure you give yourself time limits when playing so that it doesn't become an addiction. If you find yourself unable to stop after reaching the predetermined limit, it may be time to seek help from a professional. Finally, never chase your losses or try and win back lost money—this can lead to further financial difficulties. Responsible gambling is all about making sure you stay in control and enjoy your experience without getting into trouble!
Sports Betting Winnings and Taxes in the US
Yes, you can get taxed for your online sports betting winnings in the US. The American IRS considers any gambling winnings to be taxable income. This means that you must report all of your winnings on your annual tax return. The amount of tax that you will owe will depend on how much money you won and what your other sources of income are. Depending on the state that you live in, there may be additional taxes owed to the state government as well. It is always wise to keep track of all of your winnings throughout the year so that when it comes time to file taxes, you have all of the necessary information available to ensure that everything is reported accurately.
US Sports Betting & Revenue Forecasts
Sports betting revenue projections in the US have been steadily increasing since its legalization. The American Gaming Association estimates that by 2024, sports betting revenue will reach 8 billion dollars. This is a significant increase from the initial predictions of $1.8 billion in 2020. The surge in revenue can be attributed to several factors, including the availability of legal sportsbooks, the convenience of mobile sports betting apps, and the general acceptance of sports betting across multiple states. With more and more states legalizing sports betting, it is likely that this trend will continue to grow over time.
As sports betting becomes more popular across America, so too does the technology that powers it. Companies are investing heavily in developing innovative products and services to make the experience more enjoyable for customers and create additional revenue opportunities for operators. This includes advanced data analytics tools and artificial intelligence algorithms that provide insights on teams, players, trends, and performance patterns and can help bettors make informed decisions when placing bets. Additionally, new payment options such as cryptocurrencies are being integrated into online platforms, allowing users to quickly deposit funds and receive payouts securely with minimal transaction fees. All these advancements are expected to contribute significantly to increased revenues for operators over time.
FAQs: Sports Betting Online
What Is Online Sports Betting?
Sports betting online enables you to place bets on sports through an online platform rather than a physical bookmaker.
Is Online Sports Betting Legal?
Whether sports betting is legal depends on your location. For example, in some countries, it is legal, and in others it is not. Furthermore, gambling laws can differ between states or provinces within a country. Therefore, it's important to check the state and federal law in your area before betting online.
How Do I Start Betting Online?
First, find a legitimate and reputable sports betting site. Then, create an account, make your first deposit, and start betting.
Can I Bet on Any Sport?
You can bet on any sport that is available at your online sportsbook. Most online sportsbooks offer a wide range of sports to bet on, including popular ones like football, basketball, and baseball, as well as less common ones like table tennis and darts. However, not all sportsbooks offer all sports.
What Types of Bets Can I Place?
Common sports bets include point spread bets, moneyline bets, over/under bets, and prop bets.
How Do I Know if a Sportsbook Is Reputable?
The first indicator of a reputable sportsbook is a valid license and positive reviews. Any bad reviews regarding slow payouts or poor customer support should be considered a red flag.
Can I Bet on My Mobile Device?
Yes, most online sportsbooks have mobile-optimized websites. Some also have dedicated mobile apps.
How Much Money Can I Win?
The size of a payout depends on the odds of the outcome and the size of your bet. Thus, some bets will pay out more than others.
Are There Any Risks to Betting Online?
Like any form of gambling, there are risks associated with betting online. It's important to gamble responsibly and only bet with money you can afford to lose.
How Do I Cash Out Winnings?
Head to the cashier section of the website and request a withdrawal. Select a withdrawal method and follow further instructions.
Top US Betting Sites: Final Thoughts
While there are many great US sportsbooks to choose from, remember that not all are created equal. It is essential to do your research and find the betting site that best fits your needs. The key is to find a reputable brand that offers great customer service, competitive odds, and a variety of betting options. With so many choices available, take the time to explore the different features and offerings of each online betting site before making a decision. Additionally, pay attention to any sports betting bonuses or promotions offered by the operator in order to maximize your potential winnings. By taking these factors into consideration when choosing a sportsbook, you can ensure that you are getting the most out of your betting experience.
DISCLAIMER: Gambling involves risk and you must not gamble with funds you can’t afford to lose. It is not a solution to any financial difficulty. Remember, the house always wins!
If you believe you’re suffering from a gambling addiction or know anyone who does, call the National Gambling Helpline at 0808-8020-133 (uk) 1-800-426-2547 (US) 1-866-332-2322 (Canada) right away. Their advisors can help make gambling safe for you.
All gambling sites and guides are 18+ only. Online casinos listed here may not be available in your region. Don’t forget to check local laws to make sure it’s legal where you’re based.