Offshore Bookmakers
Written by
AZ team
Last updated on
We’ve compiled a list of reliable offshore sportsbooks where you may deposit money with complete security. Everything has been put to the test, including the betting markets, live betting experience, bonus offers, verification procedures, deposit and withdrawal speeds, and odds quality. The most crucial factors that gamblers need to take into account before selecting an offshore betting website have been compiled by us: Numerous deposit options, a simple betting verification process, a welcome bonus with minimal rollover restrictions, a high stakes cap, and a large selection of betting markets. Any of the listed options below is a reputable and safe betting platform that we recommend.
| Offshore bookmakers with the fastest payout | BetOnline |
| Offshore bookmakers with the most promotions | Cloudbet |
| Offshore bookmakers with the highest odds | Sportsbetting.AG |
Velobet – 9.5/10 rating
⚽ Great range of betting markets
👔 Owner: Santeda International B.V.
📅 Established: 2023
🌎 GEOs: Canada, New Zealand, Finland
🏛️ License: Comoros
Banking
Min. deposit: $20
Max Monthly Withdrawal: $15,000
Withdrawal time: Instant
Advantages
- Generous sport welcome bonus
- Accepts many countries
- New bookmaker with high odds
Betonline – 8.5/10 rating
⚽ Accepts players from many countries
👔 Owner: Imion Limited Casinos, Termas del Arapay Management S.A.
📅 Established: 2004
🌎 GEOs: USA, Canada, Australia
🏛️ License: Panama
Banking
Min. deposit: $20
Max Monthly Withdrawal: No limit
Withdrawal time: Up to 24 hours
Pros
- Many cryptocurrencies available
- 24/7 live chat
- Mobile app
Cloudbet – 9.5/10 rating
⚽ Over 4000 slots
👔 Owner: Halcyon Super Holdings
📅 Established: 2013
🌎 GEOs: Argentina, New Zealand
🏛️ License: Curaçao
Banking
Min. deposit: 0.001 BTC
Max Monthly Withdrawal: No limit
Withdrawal time: Instant
Advantages
- Accepts many cryptocurrencies
- Loyalty and VIP program
- Big variety of sports betting
Sportsbetting AG – 9/10 rating
⚽ Big variety of sports betting markets
👔 Owner: Itagui Inc
📅 Established: 2003
🌎 GEOs: USA, Canada, New Zealand
🏛️ License: Antigua & Barbuda
Banking
Min. deposit: $20
Max Monthly Withdrawal: $100,000
Withdrawal time: up to 24 hours
Advantages
- Optimized for every device
- Accepts cryptocurrencies
- 24/7 live chat
MyStake – 9/10 rating
⚽ Casino and sports betting
👔 Owner: Santeda International B.V.
📅 Established: 2020
🌎 GEOs: Chile, Norway, Mexico, Brazil
🏛️ License: Comoros
Banking
Min. deposit: $10
Max Monthly Withdrawal: $15,000
Withdrawal time: up to 24 hours
Advantages
- Over 6000 slots
- Generous welcome bonus
- Accepts crypto payments
Why bookmakers choose to operate in offshore country
We must first examine the definition of an offshore company in more detail. Offshore countries that provide low taxes and anonymity to multinational corporations are also referred to as tax havens. Although Wikipedia lists over fifty offshore nations, Antigua and Barbuda, Belize, Costa Rica, Curacao, Gibraltar, Isle of Man, Union of Comoros, Malta, and Panama are the most significant for gambling sites. after learning that the low taxes make the answer easy.
In addition to paying an annual license fee and fees to each sports organization for the sports they offer, the majority of European-regulated bookmakers also pay more than 10% of their net earnings.
Because of the significant differences, it is understandable why offshore
sportsbooks have greater odds and fewer account restrictions. Offshoring online gambling helps UK bookmakers and casinos avoid more than £1 billion in taxes per year, according to an article by Independent.co.uk.
Offshore bookmakers and the United States restrictions
The harsh gambling rules in the US are another factor that offshore bookies are attempting to dodge while employing these offshore venues. Every American online gambler is aware that Betonline is a sportsbook that accept US customers. Nothing has changed despite the US government’s ongoing efforts to combat illegal online gambling, and we think this is a never-ending game of cat and mouse.
