Looking at the other side, there are a few potential drawbacks to consider as well. First of all, if you place bets with an unlicensed offshore sportsbook, you may be defrauded.

This is why it is essential to look at the operator’s license before you place any bets. Furthermore, if you run into any trouble with an offshore sportsbook, you will not have the advantage of third-party mediation, which you could get with a licensed operator.

Deposit and withdrawal fees may apply with some payment methods as well, although the top offshore sportsbooks allow for smooth and affordable banking, especially if you are using crypto coins or various e-wallet options.

The truth is there are some overseas sportsbooks that are a complete scam, but as long as you bet with a fully licensed offshore bookmaker, including all sites mentioned on this page, you are in safe hands and your funds are completely safe.

Is Offshore Betting Legal?

The legality of betting with offshore betting sites is sometimes questioned, but the truth is it is legal for players to bet with them. No law prohibits citizens from placing bets with international betting operators. Same situation happens with crypto casinos.

US banks are not allowed to process offshore betting deposits and withdrawals, which is why it can be difficult to make such transactions.

Yet, from a player’s perspective, there is nothing illegal about betting with overseas sportsbooks.

For players looking to place bets with offshore betting sites, cryptocurrencies offer the best alternative method of payment.

You can easily purchase crypto coins online and use them to make deposits with overseas bookmakers without having to go through your bank or pay costly deposit and withdrawal fees.

When it comes to the legality of sports betting itself, it is worth noting that sports betting is now legal in many parts of the world.

How are Winning Taxed on Offshore Betting Sites?

When it comes to taxes, things work a bit differently with offshore online sportsbooks than they do with those regulated. By law, locally licensed sportsbooks must report any winnings higher than $600.

On the other hand, offshore sportsbooks don’t have to report any winnings, so you could technically win and the IRS would not know.

Yet, as soon as you transfer money into your banking accounts, they are fully taxable, and you must report your gambling winnings.

If you fail to report your winnings, you could get into serious trouble with the law and be fined on top of the taxes you owe, or even face more serious consequences.

If you win money betting with offshore sportsbooks it is essential that you report the winnings.

You will also be allowed to deduct any losses you incurred over the fiscal year, so make sure to report those as well, as it will help make your taxes lower.

Depending on the state you live in, you may also be asked to pay a state tax. We suggest you check out our state betting guides for more information on any state taxes you may owe on your winning bets.

Offshore Betting vs. Regulated Betting: At a Glance

If you are looking to take full advantage of what the modern sports betting market has to offer, offshore betting sites are your best option.

These bookmakers provide the best betting odds, offer more in terms of bonuses and promotions, and allow you to place big bets on hundreds of markets across different sports competitions anywhere in the world.

What’s even more, the offshore betting sites are also licensed, which means they provide a high level of security as well.

Locally regulated bookmakers have their upsides as well. Being registered., these sportsbooks offer retail locations you can visit, allow for fast deposits and cashouts directly from your banking account, and offer third-party mediation in case of any disputes.

If you are looking for security above all else, a licensed bookmaker could be the best for you.

At the end of the day, the choice is yours. If you want to take advantage of all the perks of offshore betting, just make sure you sign up with one of the licensed betting sites, such as the ones you can find on this page.

If you want peace of mind above all else, and don’t care about getting the best odds or the highest bonus value, licensed betting sites are your best bet.

How We Picked Our List of the Best Offshore Sportsbooks

You are surely wondering how we picked the sites for the list of offshore sportsbooks found here. The process included rating dozens of bookmakers for their performance in payment processing, promotional offers, betting odds, markets offered, and much more.

You can find out more information on how Cointelegraph ranks its gambling sites here.

• Deposit and Payout Methods: Having access to more payment options gives bettors more flexibility. The sportsbooks we rated the highest accept crypto payments for ultimate variety, while fiat payments via e-wallets, money orders, and credit card payments are also possible at quite a few.
• Payout Times: There is nothing worse than winning big and having to wait for your winnings to arrive. We chose only the operators who offer instant or very fast cashouts, ensuring you get full access to your winnings as quickly as possible. Crypto cashouts are possible within an hour with the top operators listed here.
• Bonuses and Promotions: A major perk of offshore betting sites is that they provide valuable bonuses and promotions. If you want maximum value, these operators will award you with huge welcome bonuses and new promotions every week.
• Customer Service: We only listed offshore bookmakers that provide around-the-clock customer service via live chat, telephone, and email. This ensures you can get help regarding your bets, payments, and anything else almost instantly.
• Depth of Markets: Another major advantage of overseas bookmakers is the availability of betting markets. Whether you want to bet on your local basketball team in the NBA or an obscure minor-division soccer team in the Czech Republic, you will find plenty of betting markets for both, including handicap betting, spread betting, prop betting, and much more.
• Quality of Sports Betting Odds: Getting the best price on every bet you make means a better bottom line. Our top-ranked offshore sportsbooks offer the best odds across the board.
• Mobile Interface: These days, we love doing everything on our phones. Our top picks offer amazing mobile apps you can use to place your bets on the go from anywhere in the world.
• Range of Sports: While all sportsbooks allow for betting on football, basketball, or soccer, our top picks also include plenty of other sports such as Formula 1, NASCAR, badminton, volleyball, handball, and even eSports.
• Safety: Ultimately, we want you to be safe when betting online. We only recommend operators who are fully licensed, independently audited, and have a history of fair dealing with their customers. By using state-of-the-art security measures, these bookmakers ensure your safety at all times.

Bonuses & Promos Offered by Overseas Bookmakers

Top rated offshore sportsbooks offer a variety of bonuses and promotions players can take advantage of, such as:

• Welcome Bonuses: Welcome bonuses match your first deposit with a new bookmaker. For example, a 100% welcome bonus would give you an extra $100 to bet with when you deposit $100 into your account balance.
• Reload Bonuses: If you have already claimed your welcome bonus with a bookmaker, there may still be opportunities for you. A reload bonus can be issued at any time, and it allows you to get a match on another deposit you make into your balance.
• No Deposit Bonuses: These bonuses are typically small in size, but they come with no strings attached. Simply sign up with a sportsbook and claim a no deposit bonus that might be worth $10 or $20 to try the platform with no risk.
• Risk Free Bets: A risk free bet allows you to place a bet on a sporting event without any risk involved. If your bet loses, the operator refunds it in full, allowing you to place another bet and try to win yet again.
• Free Bets: A free bet issued by a sportsbook allows you to bet on a market of your choice without wagering your real money balance. You get to keep any winnings from the bet, except the value of the free bet itself.
• Crypto Deposit Bonuses: Many offshore bookmakers that specialize in crypto betting offer special deposit bonuses for players depositing crypto coins into their accounts.

Comparing Sign-Up Bonuses at the Best Offshore Sportsbooks

Welcome bonuses are a big part of the allure of offshore betting sites. If you are looking to claim some valuable bonuses, the list below gives you a chance to browse through all of them and compare their terms and conditions.

The table also contains all the promo codes you may need to claim your bonuses.

Common Payment Methods Accepted at the Top Offshore Sportsbooks

One of the big questions bettors often have about offshore betting sites is how to deposit funds and cash out winnings from such sportsbooks.

This is a legitimate question, as American banks often refuse to process any deposits made toward overseas sportsbooks, which means alternatives may be required.

Some of the most popular payment methods you can use at offshore betting sites include:

• Cryptocurrencies
• E-wallets
• Credit cards
• Bank transfers

Of all the methods on offer, cryptocurrencies are the most reliable for bettors. Instant deposits can be made from your crypto wallet, while all withdrawal requests are processed in record time by the top offshore sportsbooks.

Alternative payment methods include e-wallets such as Skrill or PayPal, which can help you process payments from your bank accounts without paying the exorbitant fees associated with fiat payment processing.

Yet, not all offshore betting operators accept e-wallet payments, which means crypto banking is still your best pick.

Finally, direct deposits and withdrawals from your credit cards and bank accounts are also possible. However, withdrawals made into bank accounts can come with banking fees as high as 15%, making them an inferior option if you are betting from some countries.

Popular Sports to Bet with Offshore Sportsbooks

A great perk of the best offshore sportsbooks is that they offer so many different betting options. Whether you want to bet on traditional sporting competitions like the NBA and NFL or more obscure sports and competitions, you can do it at our recommended sportsbooks.

NBA and College Basketball

Basketball fans have their share of options at the best offshore betting sites, ranging from the most popular competitions like the NBA to NCAA games and various international leagues.

Whether you want to support the LA Lakers or Golden State Warriors in their next NBA fixture or place a bet on your favorite college team like Purdue or Alabama, plenty of betting markets are open each week.

International basketball competitions such as EuroBasket or the Olympic Tournament are all fully covered as well, giving you basketball betting options all year long.

NFL and College Football

It is no secret that football is the most popular sport, and overseas betting sites understand this. Since most players at these sites come from different parts, there are ample betting options available for NFL and college football games.

Starting from preseason and to the Super Bowl, you can place bets on every NFL game on the calendar while also supporting your favorite college football teams along the way.

Offshore bookies even offer special prop bets on events such as the Super Bowl, with various celebrity-related markets and player props open in the weeks leading up to the big game.

MLB

Whether you are an avid Yankees supporter or a hopeful fan looking for the Colorado Rockies to finally turn things around, the best offshore bookmakers have you covered.

The MLB is one of the most coveted competitions on these betting apps, fans love to bet on baseball.

Place your bets on all MLB games, predict the playoffs at the start of the season, and support your favorite teams all season long.

NHL

NHL fans from all over America get to place bets on their favorite teams at the best offshore sportsbooks.

Whether you live on the East Coast and support the Rangers or Islanders or further up north in Vancouver, Montreal, or Toronto, every NHL game on the roster will be covered with dozens of betting markets at your favorite betting site.

Simply download one of the best betting apps we recommended here and never miss placing a bet on the NHL team you believe will take home the glory in any given match.

Golf

Team sports are fun to bet on, but placing bets on individual sports like golf can be equally as thrilling. Bet on the tournament favorites and book an easy win, or look for the young and upcoming players who can beat the odds and come out on top in a stiff competition.

If you are a true golf fan, the golf betting markets offered at the top overseas sportsbooks will give you plenty to think about.

Tennis

Tennis is one of the most popular sports around the world, and the best offshore betting sites have many betting opportunities for it.

From major tournaments like the US Open to less exciting Challengers, you will find betting options for every professional match played throughout the year.

Bet on your favorites to win the tournament outright, make prop bets on individual matches, or bet live and predict the next point or game-winner in real time.

Horse Racing

Horse racing and sports betting go hand in hand, and overseas bookmakers make sure you can bet on all major meetings and daily races. When the big events such as the Kentucky Derby and Cheltenham roll into town, the betting options are almost limitless.

You will also find plenty of betting markets offered each day, as horse races never really stop. Use your expert horse racing knowledge and beat the books betting on this exotic and noble sport.

Soccer

The popularity of soccer has skyrocketed in recent decades, and even more, since Lionel Messi joined Inter Miami, and many other big names followed him into the MLS.

With the 2026 World Cup quickly approaching, soccer fever is taking over the country, and more Americans are looking to bet on soccer matches by the day.

Whether you are looking to bet on the MLS playoffs, major European leagues like the Premier League or Bundesliga, or international competitions like Copa America and the World Cup, offshore betting sites are loaded with soccer betting options across all seasons.

NASCAR

One of the fan favorites, NASCAR is a sport that gets the adrenaline pumping and keeps the fans on the edge of their seats throughout a race.

If you are a NASCAR fan, you will be happy to see that the offshore sportsbooks we recommend offer regular betting options for every NASCAR race, ranging from outright winner bets to prop bets of all sorts.

Whether you support Stenhouse, Nyron, or Jones, you can place bets on them racing at the Daytona 500, Charlotte Moter Speedway, and other tracks.

Esports

The digital age has brought many new things, including the birth of esports. While some may not consider them as real sports, the competitive nature of esports certainly puts them in that category for the millions of fans around the world.

Major tournaments in esports like DOTA 2, Counter Strike Global Offensive, Call of Duty, Valorant, and Fortnite present plenty of betting options for esports fans.

The top offshore bookmakers have dedicated esports sections where you will find all the stats, news, and information you need to make smart and educated esports bets.

What Kind of Bets Can You Make at the Best Offshore Betting Sites?

If you are new to sports betting, you will need to master the different betting types that are offered by the bookmakers. Here is a short list of some of the most popular betting markets you can pick from:

• Moneyline: A traditional sports bet where you try and predict the winner, regardless of the point spread. Positive odds indicate the favorite (+100), while negative odds indicate the underdog (-200).
• Spread Betting: Take or lay the spread and even out the odds between the favorite and the underdog. The winning margin matters in spread betting, making it a favorite among the more serious sports bettors.
• Parlays: Add multiple bets to a single parlay and boost your odds significantly. Parlays are not easy to win, but when you do get all your picks right, the returns can be massive.
• Over/Under: This betting market allows you to predict the overall number of points or goals in a game, regardless who scores them. Place an over bet and root for big action on both sides.
• Prop Bets: If you want to bet on how a particular player will perform or what odd events will happen during a game, the prop betting market gives you plenty of opportunities.
• Live Bets: The best offshore betting sites allow you to bet on games that are already being played. Place a live bet while watching the game and see if your predictions come true in real time.
• Future Bets: Future betting markets allow you to bet on things well ahead of time. Place bets on which teams will reach the Super Bowl or the NBA Playoffs and have a sweat for the entire season.

Mobile Offshore Sports Betting

The operators found on our list of offshore sportsbooks don’t offer downloadable betting apps, simply because you don’t need them.

Simply access the bookmaker’s website, and you will be able to place bets on your mobile device without any issues.

The mobile betting platforms allow you to bet quickly and smoothly on the go, without having to download any extra apps to your device.

Both Android and iOS powered devices support mobile betting through mobile browsers, so simply pick your mobile sportsbook from our list and enjoy the experience.

Here is a quick look at the potential pros and cons of betting on mobile offshore sportsbooks: