How to Bet from USA at foreign Betting Sites

Online Sports Betting in USA

Sports betting is illegal in the United States. There are no betting shops in the city to go to bet, hence the only way to place a wager by using the internet. Until some time ago, there was no problem with utilising the big online bookmakers. American punters were accepted practically everywhere and their bets represented a large part of bookmaker profits. Since 2006 however, following laws enacted by the US government, betting online has become very difficult and complicated. The USA and Pakistan are the two places on earth where you have to be very experienced and careful when betting online.

Mostbet Link for USA

The online betting market in the US is potentially the largest in the world. It is impossible to calculate the exact turnover, however, because many Americans manage to gamble through offshore sites. Still, we are talk about figures well over 100 billion dollars a year! Thus, the government has literally invented restrictions to impede gamblers from making transactions to foreign bookmakers. The first measures prevented the use of Skrill, Neteller and all other online wallets to fund accounts. Then the restrictions spread to banks and credit cards, so it is very complicated to use your MasterCard or Visa on foreign betting sites. Despite this, the Americans have always found a way to deposit online, seeing as how other methods such as Western Union, virtual credit cards or Bitcoin are functioning.

Given this, to counter online punting, the government went directly to Licensing concessionaires to solve the problem at the source. Through very fruitful economic agreements, governments such as those of Malta, Gibraltar and Montenegro (to name just the most famous) and many others have pledged to fight alongside the US to not accept American bettors through bookmakers that use these licenses to operate. Simply put, the US pays an annual fee to these governments that then have to be vigilant about their bookmakers to limit access to the sites from the US. In fact, if you try to open a new account with these bookmakers, you will notice throughout the registration process that the COUNTRY field lacks the option of the United States of America!

The penalties for operators that accept American bettors are very severe. They could lose their license or go to jail if the crime is ongoing. Everyone knows about the CIA blitz in Malta by helicopter to catch the owners of the bookmakers and transfer them to the USA in order to face legal proceedings!

On which sites should you bet?

In this moment, there are few Sportsbooks that are legally authorised to accept traffic from the USA. They are usually ones with a license in Canada, Costa Rica or Panama. The most famous are Bovada, BetOnline and 5Dimes, designed for the US market. Basketball and baseball are the main sports offered and you can find great welcome bonuses to compensate for the limited betting types proposed. The quality of the odds is very limited, with odds on American sites being the lowest on the web. The winning limit is also low.

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Unfortunately, the authorisation to operate in the US costs several million dollars, so US Sportsbooks cannot manage to be competitive. They are unable to offer medium-high odds because they can only focus on the profits. This mechanism is penalizing American punters who prefer to bet with European bookmakers, being the best in the world!

American bettors and foreign sites

Our theory that Americans are currently betting on sites that should be officially rejecting them, is supported by the fact that if we analyse the web traffic of bookmaker sites such as Tipbet, Bet1128 or other sites licensed in Curacao (the only government able to supply licenses for both the American market and worldwide), we note that a large portion comes from the USA! This means that many Americans - and we are talking about tens of thousands - regularly visit these sites and have found ways to make deposits and withdrawals. Visa and MasterCard credit cards are usually accepted, but if your credit cards are rejected, you can try a prepaid credit card, which is available at gas stations or grocery stores nationwide.

Check out the payments section on your website, above all for prepaid credit cards, or write to the service desk and they will tell you which prepaid cards are compatible with their site. Another guaranteed way of making a deposit is to use a money transfer service such as Western Union. You will need to obtain the information from the betting site before physically taking the money to a branch. When you are ready to collect your winnings, the principal method is to request a written cheque. These cheques are accepted by US banks, although it will be necessary to wait for days until they arrive in the post!

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