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According to research, U.S. residents wagered around 3.45 billion U.S. dollars on different sporting events in Nevada. This happened back in 2012, and since then, the amount is only rising. As Generation Z enters their practical lives, they look for multiple ways to spend and earn money.
Does the idea of betting on a sporting event excite you? Are you also intimated by the plethora of sportsbooks available on the market? If your answer is a “yes,” you are in the right place.
Unlike other review articles, which are solely based on theoretical data, this article will be based upon real-life experiences. This will give you a chance to learn from other’s mistakes and practical knowledge of these platforms. This will help you in choosing the best online sportsbooks within minutes.
Sports betting seems like an easy way to make some quick cash from far away. However, when you enter this unpredictable world, you feel like many platforms pull you towards them. They make you offers that are very hard to refuse.
Still, you might be skeptical because your most valuable personal information and money are at stake. You can’t just hand it over to anyone, especially on the internet. This is where we come in to save you from the tough job of doing the homework to find the best online sportsbook.
Most people looking for the best online sportsbook don’t even completely understand the concept of a sportsbook. So, let’s start by clearing your concepts.
Our List Of Top Online Sportsbooks
After a thorough research process, we have come with these top 5 sportsbooks:
1. Everygame – Overall Best Online Betting Sites
2. Monkey Knife Fight – Best Prop Games Platform
3. BetOnline – Popular Site For Quick Payouts
4. Bovada – Most Trusted User Interface Online Site
5. MyBookie – Best For Online Sports Odds And Lines
Here is a detailed look at each of the sites:
#1. Everygame – Overall Best Sports Betting Sites
Everygame was established in 1983, and since then, it has catered to the gambling needs of millions around the globe. It is evident from the company’s dealings that it strives hard to provide value to its users.
If you wonder that old habits die hard and Everygame, an old company, won’t keep up with the newest trends, then hold your horses because things are the opposite in reality. Everygame is our Editor’s choice because of the versatility it has shown over the years. It boasts the title of being the first platform to accept the first online bet.
They have not only managed to keep up with the trends, but they have also offered some remarkable features. Not every platform is loyal to its users the way Everygame is. This brand has never failed to provide an impeccable sports betting experience to its users.
They have adapted the latest technologies so that their users can feel valued. The reason why users of Everygame have not chosen any other platform is pretty apparent. To beat the competition, the company has always kept itself up-to-date and has offered unparalleled options.
The following are the reasons why Everygame is at the top of today’s list:
Over 30 Years of Fair Dealing: The only way to survive in the world of gambling is by dealing fairly with your prospects. The company was established in 1983 and accepted its first online bet in 1996. To this date, thousands if not millions of people use this platform to gamble on various sports and non-sport options. The fact stated above clearly depicts that the company has valued its users at every level. This is why it is the first choice of many people across 180 countries.
Bonus: As mentioned earlier, many practices are introduced by Everygame and are adapted by others later. The irresistible bonus system of Everygame is one of these options. There are three different types of bonuses offered by Everygame at different levels. If you are from the USA or Canada, then consider yourself lucky. US and Canadian residents get their first bonus at the time of sign-up.
The second bonus that you will get will be upon referring Everygame to a friend. According to Everygame’s refer-a-friend program, you will get a 35% commission over the first deposit of your referral. This bonus can go up to $20. One thing worth noting here is that you will receive this bonus at the end of the month. The third type of bonus is called the alternative Everygame bonus. These bonuses depend upon how much you lose or win while betting on sports on Everygame.
Diverse Banking Options: Everygame aims to facilitate all kinds of wagering enthusiasts from every corner of the world. This is why you will see multiple banking options and numerous payment methods being offered at Everygame. Everygame realized that crypto is the next big thing and started accepting Bitcoin as a payment method.
• Covers all the latest football lines being a sportsbook
• You will get access to enhanced halftime odds
• The platform offers both mobile and live betting
• Withdrawal of money is not instant
#2. Monkey Knife Fights – Best Prop Games Platform
This platform is revolutionizing the sportsbook industry due to its unconventional approach. It is evident that the company has its eyes on the future because of its focus on Gen Z. Like the upcoming millionaires, the platform is funkier than its counterparts.
This is one of the very few sportsbooks that have gained exponential popularity in a small duration of three years. Yes! That’s right; the company is just three years old. The secret lies in the options offered on the platform. There are numerous ways to win and make money online with Monkey Knife Fights. Weekly payouts easily reach six figures, which attracts a lot of newcomers.
The fantasy gaming experience at Monkey Knife Fights is unparalleled. The company owner is a billionaire who strives hard to take this platform to a whole new level. Top-notch management is hired to make the impossible possible.
If you analyze the odds here, you will see that the company will soon achieve its aim, i.e., dominating the prop gaming industry.
Here are the distinguishing features of Monkey Knife Fights:
Fun To Use: When your money is at stake, the tension is always there, no matter how small or big the amount is. At Monkey Knife Fights, this tension is much lower due to their unconventional platform and options. You won’t feel bored while using the platform due to their interactive gaming space. Moreover, plenty of different options don’t let you lose interest in it.
Association With WorldPay: Those who have been in the world of sports betting for a while know the credibility of WorldPay. WorldPay, or Vantiv, is undoubtedly the most reputable gaming bank globally. The trust of millions of seasoned players speaks for its credibility. WorldPay offers more deposit and withdrawal options than any other gaming bank.
Based in the USA: The major concern of US residents is whether the company is regulated by law or not in their country. This should be because you can lose your money at any time if the company does not comply with US law.
In the case of Monkey Knife Fights, the platform is based in California. The company complies with the fantasy games law of the country completely. This ensures that your hard-earned money will be in safe hands. Because of this, you also have the right to take legal action against the brand if any mishap occurs.
Free Signing-up: This is also one of the biggest perks of playing with Monkey Knife Fights. Unlike many other platforms on the market which demand an initial deposit, signing up is free at the site. This helps you make the right decision by exploring the operations of the site without investing.
• The weekly payout usually reaches six figures
• Association with Vantiv
• Based in the US
• Highly professional operational managers
• Loads of games to play and win
• Doesn’t accept Paypal yet
#3. BetOnline – Popular Site For Quick Payouts
The third entity on our list is BetOnline which has gained popularity for being the most flexible platform in terms of deposits. It holds the record of being the first company to accept Lite Coin and Ethereum.
Many technology lovers choose BetOnline as their favorite betting platform because of this reason. BetOnline is also known for accepting most of the currencies available out there. This attracts a lot of users from all around the world.
The company has been continuously bringing improvements to its systems since 2001, when it was established. They have made their reputation as a safe and secure platform to bet online. The diversity of options available on the platform also contributes to their eccentric success.
Playing on BetOnline is a little more serious than playing on Monkey Knife Fights, but it also comes with some perks. As compared to other platforms, lines are opened way earlier at BetOnline. Similarly, the latest betting odds are also available on BetOnline before anywhere else.
Here are the features of BetOnline that make it unique:
Consistency: The consistency BetOnline has shown over the years is worth applause. BetOnline is a platform where you will see unparalleled odds every time, and the availability of lines is also worth mentioning.
Consistency adds to the credibility of a platform like nothing else. Not all platforms stay consistent like BetOnline when it comes to the availability of lines. There are plenty of companies in the industry that are highly inconsistent. This kills the charm of a sportsbook. Fortunately, things are much better at BetOnline, and you won’t have to visit any other platform due to this reason.
Plenty of Options: Although BetOnline also offers a casino, poker, racebook, and much more, their main focus is the sportsbook. It would be wrong to say that other services on the platform are not worthy, but sportsbooks are the best. You name the event, and they will most probably offer you the lines for that event. As mentioned earlier, you get access to these lines way earlier than users of other platforms in most cases.
You get access to the lines of all major sporting events, including soccer, tennis, rugby, NFL, MLB, NBA, and more. The availability of this ocean of options makes it one of the most attractive options for many users.
Safe & Secure: Another perk of using BetOnline is the peace of mind that comes with the security of your credentials. The online world is full of scams; you have to be very careful while sharing your information online. Many big names are also found guilty of sharing their users’ information with third parties. The risk is higher when real money is involved. Luckily, you can play on BetOnline without a pint of fear. The credit goes to the state-of-the-art safety features of the company.
• Early availability of the lines
• Juice is mostly low on early bets
• You can use the online betting site on mobile
• You can start betting with just $1
• The user interface is a little generic
#4. Bovada – Most Trusted User Interface Online Site
Bovada boasts the highest number of US players on any sportsbook. Undoubtedly, it is one of the best sportsbooks in the US. If you choose to play on this platform, you will get plenty of bonuses.
Americans love free stuff, and Bovada knows it. According to our analysis, this is probably why US residents don’t want to leave Bovada. Bovada offers a welcome bonus of up to 50% that could be up to $250. This bonus is determined against the value of your initial deposit.
There are also other features of this platform that keep its users hooked. You will witness well-organized, extensive betting markets upon entering the world of Bovada. Live betting platforms for the brand have also increased its credibility. Live betting is as transparent as it could be, so it automatically becomes the center of attraction.
Additionally, who doesn’t love quick payouts? Unlike other platforms where you have to wait for days to receive your prize money, Bovada offers considerably faster payouts.
Here are some of the perks of playing on Bovada:
Impeccable Mobile Website: Not all platforms in the industry give you the freedom of betting over mobile websites, but Bovada is different. Even most of those who have mobile websites don’t reach the ease that this company provides. We can’t always sit in front of our computers all day to keep track of our betting. This is where mobile websites come in. You can keep track of your previously placed bets, place new bets and keep yourself updated using this feature. Whether you are an android or an iOS user, the website works perfectly fine on both operating systems.
Covers All Sports: You will not lose interest in this sportsbook because it offers betting options for all your favorite sports. From UCF/MMA to cycling, you will find every recognized sport enlisted on Bovada to bet on. This allows you to try your luck at different levels. Who said that a person couldn’t have multiple interests? This feature also allows you to choose the sport of your interest depending upon your mood.
User-Friendly Interface: Bovada has successfully managed to overcome the challenge of providing a user-friendly interface to its players. There are multiple platforms in the world of betting which offer exceptional features, but their interface is tricky. This is one of the major turn-offs for players who are just stepping into the betting world. Even for those who have been betting for years, a complicated interface can be a source of consternation. The company itself benefits from an easy-to-use interface at the end. This improves customer satisfaction and also brings better retention rates.
• Company with the highest number of players from the USA
• Easy to understand and use interface
• Covers all major sports
• Quite appealing bonus system
• The brand provides a seamless mobile betting experience
• Lines appear a little late on Bovada as compared to other platforms
#5. MyBookie – Best For Online Sports Odds And Lines
If you want a platform with the best lines and odds, then MyBookie is a platform made for you. The features of this amazing platform do not end there. From a fantastic interface to promotions, this platform has some serious stuff to offer.
In 2014, it was launched, and since then, it has hosted millions of players around the globe. There are tons of prop bets offered on this platform, making it an ideal place for fun players. If you are a person who loves diversity when it comes to betting, then you won’t find a better platform.
Some companies were established much before MyBookie but never reached this level of engagement. It is because, from the start, MyBookie adopted a “player-oriented approach.” On this platform, you will always feel welcomed whenever you visit it. Customized promotions are often offered on the platform. This brings a feeling of personalized experience to its users.
Another reason behind the success of this platform is that the company always strives for improvement. That is why their customer support section is available 24/7 for the players. The users of MyBookie.com rate the company’s customer care as one of the best. All of these actions clearly depict the sincerity and loyalty of the company towards its users.
The following are the features of MyBookie that make it stand out from the crowd:
Competitive Future Odds: Almost every online sports betting site offers you to bet on future odds. Not all companies manage to provide value to their players through this feature. Luckily, you will witness that things are not like this at MyBookie. Competitive future odds are offered to the players of MyBookie players. These future odds have proven to be very beneficial, according to the records.
Efficient Customer Care: Professional players state that if you want to know a brand’s loyalty, then check its customer care service. The users of this platform seem to be more than satisfied with the customer care department. It is because every suggestion and complaint is taken quite seriously and is addressed in real-time. So, if anything goes wrong, you won’t feel helpless on this platform.
Regular Bonuses: Every savvy platform knows that the best practice to engage players is by offering them regular bonuses. MyBookie is clearly one of them because they offer promotional deals and bonuses to their users all year long.
Highly Safe Platform: Another crucial reason for this platform’s popularity is the security features they offer. The latest high-end security platform keeps third parties away from your personal information. This factor also increases the users’ trust as they can enjoy the platform with peace of mind.
• Offers the most competitive future odds
• The interface of the website is interactive and easy to use
• Offers state-of-the-art protection of your data and money
• Promotions and bonuses throughout the year
• It had a few complaints in the past
What is a Sportsbook?
In simple words, a sportsbook is an entity that hosts bets on different sports events and pays out the winnings. These sporting events can range from football to cycling.
Another term that is often confused with the sportsbook is racebook. Fundamentally, both of these terms are the same. You choose odds and wager money on them to win. The difference is that the racebooks are limited to horse races. Contrarily, you can select different odds from several sports to bet on.
People who enter the world of sports betting without any previous knowledge often end up losing a lot of money. The fact that you are in search of the best online sportsbook states that you are not one of them. Keep reading this article to know everything there is to know about betting and the best platforms to entertain your bets.
How We Made the List Of Sportsbook Online
Due to the tough competition, choosing the best online sportsbooks was not an easy task. To compile this list, we started by gathering names of reputable companies in the industry.
Before adding any names to the list, we did a thorough background check of these brands. We contacted professionals in this field and asked about the most crucial factors. With the help of these professionals, we came to know about the things that we should look for on a platform.
After some critical analysis and deep research, we succeeded in creating a specific criterion for these platforms. This criterion included essential yet straightforward points like the transparency of a sportsbook, options offered, and the availability of odds and lines.
We have always strived to provide the best to our readers. Therefore, we immediately eliminated any company which was not sincere with its users at any level. In the end, we were left with the top 5 best online sportsbooks, which are almost perfect from every angle.
What We Looked For:
Here are the things that we looked for in a sportsbook before adding it to our list:
• Fair Treatment: The first thing we looked for in a brand was how they treated their customers. This is one of the most unforgivable points for us, and the same should be the case with you. There are companies with considerable popularity in the industry that offer unfair odds to their players. As there is no actual existence of these odds, players end up losing their money. We removed such names from the draft without thinking twice.
• Quick Payouts: The next thing we looked for is the amount of time taken by the company to send players the money they won. We understand that the charm of winning is directly associated with payouts. If a platform takes an eternity to clear the funds, then the joy slowly fades away. To save you from this terrible situation, we have added sportsbooks with the quickest payouts history.
• Customer Care Service: We paid a lot of attention to the customer care service’s efficiency and effectiveness of the various sportsbooks. We were surprised to learn that many big names in the industry considered this factor important. So, for your convenience in the future, we have added sportsbooks with the best customer care service.
Factors to Consider Before Choosing the Best Online Sportsbook
The platforms we present you with are unbiased and are made for your convenience. For any reason, if you think that any entity from the list doesn’t suit you, feel free to choose one of your likings. However, here are some things that you should look for before investing your money.
• History Of Treating Fairly
This is a crucial factor. If you are just entering the vast and diverse world of sportsbooks, then you should mind that “All that glitters is not gold.” Many companies try to mask their unfair dealings with bonuses and promotions. However, please keep in mind that nothing is more precious than mental satisfaction, and it only comes when you know that the platform deals fairly.
Now you might be wondering if there’s a way to check whether a company is dealing fairly. This is simpler than it seems. You simply have to check real customer reviews and ask questions related to them on different sportsbooks-related forums.
• Liquidity To Cover Expenses
Making claims is easy, but fulfilling them is another thing. Before choosing a company for investing money, check whether they are eligible enough to cater to their players’ needs or not.
The best way to determine this is by going through the history of payouts for that particular sportsbook. We can all agree that all kinds of bets are unpredictable, right? The companies who are hosting these bets should also acknowledge this fact. The company you are going to choose should have enough liquidity to cover all winning bets.
• Banking Options
If you consider a company that offers minimal banking options, you are unfair to yourself. There is a long list of the best online sportsbooks that offer plenty of banking options.
By choosing a brand with few banking options, you will be limiting yourself. Therefore, it is suggested that you should always go for brands with numerous banking options. Who knows, you could be a crypto trader in the future.
• Fair Odds
This is also one of the crucial things that you should never ignore. Now you might be wondering what fair odds are. Actually, some unreliable companies offer unrealistic odds to their users. When the players choose these odds, they lose, and the company makes a profit ultimately.
Innovative brands know that this practice won’t take them anywhere. You will witness that top-rated companies work on minimum profit margin formulas. This is not because they don’t like making loads of money, but because of their futuristic approach. They earn more profit by having more significant activity on their platform than the sportsbooks who offer unfair odds.
You should never forget that scammers and hackers are always searching for loopholes in the security of a system. This is truer when it comes to sportsbooks because real money is involved. Moreover, your personal information is also at stake.
FAQs Regarding Online Sportsbook
Q1. What is the Difference Between a Sportsbook and a Racebook?
Sportsbook is a business that hosts betting on various sporting events. On the flip side, according to the definition, a racebook is confined to horse races only.
The concept of racebooks is older than the concept of sportsbooks. Due to the popularity of racebooks, these businesses are not merged into sportsbooks, although horse races are also a sport. Almost every best online sportsbook on this list includes a racebook in some form or another.
Q2. What are the Best Offshore Sportsbooks?
Some offshore companies provide exceptional value to their users. Bovada is the perfect example of the best online sportsbook that is an offshore company. Bovada is not only the best offshore company, but it is also one of the top-rated ones overall.
Such companies register in islands like Panama. The US authorities thoroughly regulate the operations of these companies. Hence, you can trust these brands by giving them a second thought.
Q3. Which Brand Offers the Quickest Payouts?
Waiting for the payouts is the most challenging part after winning a bet. Companies like Bovada and BetOnline are very efficient when it comes to payouts. At Bovada, if you choose Bitcoin as a payment method, you will receive a payment within 15 minutes of approval.
BetOnline also ensures a quick fund transfer. In most cases, winners receive their prize money within a day. In a nutshell, if quick payouts are one of your primary concerns, then you should choose BetOnline or Bovada.
Q4. Why Do Different Sportsbooks Offer Different Odds?
There are multiple answers to this question. Firstly, thinking of people who make predictions for a particular platform differs from each other. This is why two platforms offer different odds for the same event.
Some companies offer competitive odds because they want to grab the highest user engagement. The sole purpose of this act is to earn new players from other platforms. Newly entered companies often do this. The amount of money wagered on a team also plays a vital role in determining the odds.
Q5. Is Sports Betting Legal in the USA?
Four years ago, the answer to this question would have been “no.” In 2018, the government of the US abolished PASPA, and as a result, sports betting was legalized. Unfortunately, there are some states where you cannot take part in sports betting. This ban is by the government of those states, not by the government of the county.
If you are living in the following states, there is nothing to worry about: West Virginia, Washington DC, Arkansas, Colorado, Delaware, Illinois, Indiana, New Jersey, Michigan, Mississippi, New Mexico, Nevada, New Hampshire, Iowa, Montana, Oregon, New York, Pennsylvania, and Rhode Island.
Online Betting – Final Thoughts
The world of sports betting is full of sportsbooks, which could be a little intimidating for newcomers. Considering this fact, we decided to make a list to help you choose the best online sportsbook. Before starting the writing process, we did thorough research to find out the ground realities.
Additionally, before adding these platforms to the list, we explored the platforms and analyzed their operations. We were left with the top 5 sportsbooks in the end. We added this name to our list only when we were sure that they fulfilled their claims and genuinely cared about the players on the platform.
We have tried to choose companies that offer unique features so that you can decide according to your preferences. All of the companies on this list are safe to use and do not exploit the market.
Hopefully, you will find your best online sportsbook on this list.
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