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off shore sports betting:
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п»їOffshore Betting 2021.
Offshore betting is quite popular in the US as it is no secret that people in the States love wagering on sports. However, due to the peculiar situation in the country (which is finally starting to change for the better), a majority of those wanting to bet on sports couldn’t do so on legal and licensed sites. Thus, they’d turn to offshore betting sites as their only gambling alternative, despite the fact these sites are essentially illegal.
There are no legal offshore betting sites in the US It is impossible to set up an offshore betting legal operation at this time Betting with offshore sites can lead to a variety of issues Many states now offer legal and licensed sportsbook for US bettors.
Why are offshore betting sites illegal in the States? Dangers of gambling with offshore betting firms What do offshore betting websites offer to US players? Is it really worth it? Bet it safe: Play with legal US sportsbooks Conclusion.
Why are offshore betting sites illegal in the States?
Americans love betting on sports, be it with legal sportsbooks or illegal bookies taking bets via phones or word of mouth. So, in a way, it is quite strange that betting sports is, in fact, illegal in a majority of US states. In fact, up until a couple of years ago, any form of sports betting was legal just in a couple of states.
The biggest issues with offshore betting websites resides with the infamous Wire Act and PASPA . The first is an old bill that prohibited accepting bets using the telephone. The second has to do with the protection of sports and making sure their integrity is kept.
Because of these documents, until very recently, it was impossible for any legal entity in the US to set up a betting site. The recent decision by the Supreme Court which overturned PASPA has now created a fresh situation where states have finally been given a green light to regulate betting within their own jurisdictions.
Going back to offshore betting operators, these are sites that don’t have any kind of legal authorization from any entity in the States to accept sports bets. They have continued to operate despite all these laws prohibiting betting, providing US bettors and gamblers with betting odds, lines, and casino games. Even today, although PASPA has been overturned, there is no sportsbook that can operate legally on the federal level as there is no federal law regulating this area.
So, if you’ve been wondering is offshore betting illegal, that’s your answer. Offshore betting and casino operators and sportsbooks have no legal grounds to offer their betting services in the US. They operate outside of the scope of the laws and some of them have been successful flying under the radar for a while now, which is what creates confusion with some bettors.
More: Offshore Review.
Dangers of gambling with offshore betting firms.
While sports betting may be illegal on paper, bettors from the States still decide to take up on of these offshore sites and place sports bets with them. There are a couple of main reasons that lead players to believe that gambling with these offshore betting firms might be safe:
Some of these operators do treat their players well Bettors have never been targeted by the government Offshore sportsbooks offer odds and bets for NHL, NFL, NBA, and other popular leagues & competitions.
So, on the surface and to someone not very familiar with the topic of betting online, it may feel like there is no big danger in creating an account, depositing some money, and placing some bets on a few games here and there. However, when looking at a bigger picture , there are quite a few reasons to steer clear of these sites and stick to legal and licensed sportsbook sites instead.
First and foremost, the fact that these sites aren’t really licensed by any relevant or credible authority means that there could be all sorts of shady things happening behind the scenes. Unlike licensed US sportsbooks that are handled by the likes of New Jersey Division of Gambling or other gambling divisions, these offshore sites don’t undergo any regular checks or controls.
Furthermore, any illegal bet or gambling operator that accepts US bettors is on very shaky ground. These operators, new and well-established ones alike, could easily go out of business at any time in face of a serious operation from the US government. We’ve witnessed these things in the past and there is no reason to think something like this won’t happen again. In a case of such an event, many players would be left with their gambling bankrolls in a limbo, only being able to hope their money would be repaid at some point.
In this context, it is also important to mention UIGEA, which addresses the flow of money from and to gambling operators of any sorts, be it poker, casino, or betting sports. Namely, UIGEA strictly prohibits all financial institutions in the US from willingly and knowingly processing such transactions. For this reason, offshore betting sites often try to mask the source of money .
However, should the fact be discovered, you’re running a risk of your bank account being closed, which is very inconvenient, to say the least. Banks aren’t thrilled to participate in these illegal betting and gambling activities and they most certainly don’t want to be on the line for hefty fines for the behavior of their clients. So, this is another reason to be very careful about gambling with offshore betting sites.
Disclaimer: Don't play here.
What do offshore betting websites offer to US players?
Despite all of these dangers and risks, many bettors still get involved with these betting companies. They are often lured in by promises of a big betting online bonus, great betting lines and odds, and very good coverage of popular competitions they can bet on like NFL, NBA, NHL , and other various popular betting options and markets within these options.
Some review sites give very good marks for some of the best offshore betting sites as well, which is another reason why bettors may feel safe depositing and playing here. With a good bonus offer, a variety of NFL, NBA, and other betting possibilities, and fairly fast withdrawals (for US standards, at least), these sites may feel like a decent option for those looking to place a bet or two on their favorite sports.
Some gambling operators catering to the US have also turned to bitcoin as a deposit and withdrawal alternative and many players from the States see this as an excellent solution for all of the money transfer-related problems. Bypassing banks and allowing quick withdrawals and instant deposits, bitcoin does seem like a very good alternative for those keen on gambling with offshore sites.
Is it really worth it?
Good offshore betting odds and convenient offshore betting apps certainly have its appeal, especially with the more passionate fans of sports betting. If a sportsbook offers a good package overall , with regards to a bonus, betting selection, and mobile solution, many players are willing to look the other side to the fact they aren’t exactly licensed to legally provide their services in the US.
In the long run, though, getting involved with these offshore betting sites isn’t really worth the trouble . While there are some gamblers who play and win and do get their money, there are many more stories about bettors who were refused the payout or had to go through a variety of complications to get their money.
Going through all this just to bet on a site that might go under at any point doesn’t really make much sense at all. Since you already have to deal with offshore betting lines that may be decent but are still in favor of the sportsbook, the added risk of losing your money in one clean swoop due to unforeseen circumstances and the sportsbook going under makes this proposition not very profitable at all.
While there are some options in the cards that could make offshore sports betting legal at some point in the future, this is certainly not going to happen in the near future. The first thing that needs to happen is a gambling law on the federal level , then the issue of offshore betting companies needs to be addressed, and only then, maybe, some of them will be given the green light to start offering their casino, sports betting, and poker services in the US.
Bet it safe: Play with legal US sportsbooks.
With the recent legal movements, there is a growing number of states in the US that have recognized benefits of sports betting. Thanks to these changes, there are more and legal and licensed sportsbook operations sprouting all over the country. You can find more information about these in our comparison section sports betting where you can also easily find sportsbooks according to your particular state. So, stay away from illegal and unsafe offshore operators and bet with licensed and safe sites instead!
The Biggest Offshore Sportsbook in Costa Rica in 2021.
The biggest offshore sportsbook in Costa Rica right now in 2021 is MyBookie.ag.
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For most people, the first thing that comes to mind when someone mentions Costa Rica is their beautiful beaches and resorts. Known for being a popular tourist destination, Costa Rica has over the past few years developed a reputation in the offshore sports betting industry.
Today, Costa Rica is home to more than 300 sportsbooks, ranging from small scale credit shops to some of the largest and most impressive online sportsbooks in the world.
Naturally, any smart bettor knows the importance of research, and would never engage with any of the Costa Rica based sportsbooks without understanding the state of the market and knowing what their best options would be.
The Biggest Offshore Sportsbook in Costa Rica.
Rather than go through hours of research, opening betting and review sites, here is a quick guide to the offshore sports betting landscape in Costa Rica.
MyBookie.
MyBookie is by far the biggest online sports betting company based in Costa Rica. Any sports betting fan will tell you the value of the following differentiating factors. First, the staff is chosen meticulously from the most experienced and highly skilled online gaming industry professionals.
It is a company whose mission and vision is to look beyond Costa Rica and become the best online sports betting company in the world.
MyBookie has been in operation since 2014 but has over the years built a strong reputation both locally and internationally.
In terms of service delivery, what is impressive about MyBookie is that it does the simple things really well. For instance, it has one of the most varied sportsbooks offering bets from some of the major leagues and competitions in the US, Canada and the rest of the world.
They accept bets on NBA games, the NFL, NASCAR, golf, tennis as well as a wide range of college sports. Apart from this, one can bet on pretty much any current event, from politics to their signature hotdog eating contests.
The payment options available are pretty much like any other betting site, with Mastercard, Visa, Bitcoin, Bank Wire and Check by Mail available for consumers. They also offer some of the fastest payouts through bitcoin. Further, one can bet live on games in hockey, soccer and tennis.
Given the international appeal, MyBookie offers different types of odds formats, from American to the fractional and decimal type bets.
Clients can also choose from any one of the 4 timezone options, eastern time, central time, mountain time and pacific time, so they do not.
For the first-timers, MyBookie does not disappoint. It has bonuses of up to $1000 for the first deposit, as well as a wide range of other bonuses on sports betting.
Bettors get up to 25% on sports reloads of up to $500 and a 200% referral bonus. They also have a VIP loyalty program, where one receives bookie points when they place bets. The more points one receives, the more advanced they get. They then will be eligible for prizes and on some levels can even go as far as redeeming these points directly for cash.
Biggest Offshore Sportsbooks based in Costa Rica.
Bovada.
Bovada has been in the industry almost twice as long as MyBookie, having taken the first bet in December 2011.
Bovada has become a trusted and legit company, a well-known and trusted brand. In terms of sports, their sportsbook is not as varied as MyBookie’s but is still relatively impressive.
One can bet on games in the NBA, NHL, NCAA basketball games and soccer leagues like the premier league in England, the champions league, Copa Sudamericana and the Europa League.
One can also bet on special sports events, the biggest boxing matches like the second Wilder v Fury game and various live tennis events in Dubai. Bovada also offers bets on esports and winter sports, including the winter Olympics.
Bovada focuses a lot on the quality of their customer service, and one will hardly ever find complaints about their services. The support they provide is fast and friendly, meaning one can get help even without necessarily resorting to the chat option.
Their site is also relatively easy to navigate, perhaps because they work with a few software companies to maintain their sites. Further, their sites are available on both PC and mobile, and one can seamlessly switch between the two without feeling like they are losing any functionality points.
Bovada, however, has a few negatives.
Their limits mean that they operate under the dual pricing models. They offer different pricing models for professionals or those deemed by their algorithms to be professional bettors and different rates for recreational players.
Also, the offshore sports betting services offered by Bovada are not available in every country, so one has to be careful when betting on holiday.
They, however, accept players from the US, except in the states of New York, Delaware, Maryland, Nevada and New Jersey.
Bodog.
Bodog is one of the oldest offshore gambling sites based primarily out of Costa Rica. They have been in operation since 1994, but with over 20 years of experience, they still have significant restrictions on their operations.
Bodog, for instance only allows players from Canada on their site.
They are however licensed in Antigua, meaning they are regulated under the gambling laws of Antigua. Still, their over 20 years of experience affords them some notable advantages.
Their website is also well-organized and easy to navigate. One can easily tell what is going on even on the first day. They also offer different options that might be useful for their users. They have up to three different language options, English, Spanish and Portuguese, as well as three types of odds display options, the American, decimal and fractional.
Users can also change their time zones, ensuring that they do not miss the game start times.
Their sportsbook is varied, with up to 24 different categories of sports one can bet on. The options vary from the typical hockey, football, soccer, tennis and golf, to motorsports, boxing, futsal, Aussie rules and the Gaelic games.
Xbet.
Xbet differentiate themselves as the progressive online site. It is a site run by some of the smartest and most experienced industry professionals.
The site was started by former bettors and gamers, so they have experience both on the client and server-side. They also have a wide range of deposit and payment options, from the typical Visa, Mastercard and bitcoin, to various wire and money transfer options, including person to person and phone transfer.
Their target market is mainly Americans, but they offer a wide range of sports. They also offer live odds on sports like tennis, hockey and soccer.
Xbet also offers a sign-up bonus for new users of up to $300 and a reload bonus of up to $250 for existing customers.
Their staff is hand-picked, their philosophy is strong and their mission is targeted, and this gets them into the list of top players in the offshore sports betting industry.
Wagerweb.
Wagerweb is another one of the older sites in the industry, having also started operations in 1994. The over 25 years of experience means they know a thing or two about the offshore betting industry.
Wagerweb’s strength is in the range of offers and bonuses they offer, especially to the new users.
For instance, they offer a bonus of up to 50% for new users, up to $1000. They have up to three welcome offer bonus options, the high roller option, the elite welcome bonus, and the high bonus welcome special.
Wagerweb also offers a free play when one refers a friend to the site.
Away from the bonuses and welcome offers, wagerweb also has a wide range of sports betting options, accepting bets on up to 16 different sports, including e-sports.
E-sports is one of the most popular trends in offshore sports betting today, and wagerweb’s incorporation here makes them one of the edgier sites operating primarily out of Costa Rica.
Their user interface is somewhat crowded, but they have a unique way of doing things. Before betting, players have to select the type of bet they would like to place, unlike other sites where users generally have to choose the sports first.
In terms of options, wagerweb offers users a choice of up to 9 different languages, with an easy change process.
Costa Rica, with its lax betting laws and the allowance for tax-free earnings, has quickly become a base of operations for hundreds of online offshore betting companies.
While this environment provides the ease of business that any company would crave, the atmosphere also encourages poorly run sportsbooks, many of which might not necessarily be legit.
It is therefore important to conduct some due diligence before committing one’s money with any site.
The sites on this list are not exactly perfect, but they represent the best and most legit sites a bettor might want to commit to come out of Costa Rica.
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The 9 Best Offshore Gambling Sites of 2021.
You should avoid offshore gambling sites if you can bet with a legal United States gambling site instead.
Offshore bingo, casino, poker, and sports betting sites are legal in their country of origin, but the United States has a different opinion.
That said, the probability that you’ll face any kind of legal issues when betting at offshore gambling sites is minimal.
You should be more worried about having trouble depositing and withdrawing money from these offshore sportsbooks.
Below, I offer some recommendations about which offshore sportsbooks might best suit your needs. But I remind you to take everything you read online with a grain of salt, including this.
My List of the 9 Best Offshore Gambling Sites for 2021.
Here’s my list of the 9 best offshore gambling sites for 2021, in alphabetical order. I don’t recommend any one site over any other, necessarily. Further on in this post, I’ll share some thoughts on which sites are better or worse than others for specific types of gamblers.
Betonline Bookmaker Bovada GT Bets Intertops Mybookie BetDSI YouWager.
I provide detailed reviews below, but first, I should discuss the legalities involved with gambling at offshore sportsbooks.
Categorizing Online Sportsbooks and Offshore Gambling Sites.
You could categorize online sportsbooks in multiple ways, but the broadest categories I can think of are 2:
Legal, regulated online sportsbooks Offshare, unregulated online sportsbooks.
If you live in a state where you can bet on sports online, you should always choose one of the many reputable sportsbooks operating in the United States.
In many states, though, if you want to bet on sports online, you must do business with a neighborhood bookie or an online gambling site.
I recommend trying a local bookie if you can, but those are guys are operating on the outskirts of the law, too.
If you’re determined to gamble at an offshore sportsbook, stick with the ones recommended in this post.
You’re unlikely to face legal trouble betting at an offshore book, but it’s not impossible. I’m not a lawyer.
I do have dozens of friends who have bet on various sporting events at different offshore sites, and many of them have been happy with the experience.
5Dimes.
If you’re looking for the best odds and the lowest vig, 5Dimes is your best option.
They also offer multiple deposit options, the best of which might be bitcoin. You can also use a credit card — if you can get the charge to go through.
Their minimum deposit is $50, and their maximum deposit is $500.
You can use any of these deposit methods, too:
Bank wires Cashier checks Money orders.
If you’re using bitcoin, you have more flexible minimums and maximums. You can deposit as little as $25 or as much as $10k.
The best way to withdraw your money is via bitcoin. Other withdrawal methods at 5Dimes involve fees.
Betonline.
If you’re looking for the widest variety of available bets, try Betonline. They offer bets on more sports than anyone else in the business.
They also have some of the biggest deposit maximums on the internet. You can deposit up to $100k with multiple different cryptocurrencies, including bitcoin and ethereum.
Their signup bonus offers are better than you’ll find at many of these sites.
Bookmaker.
If you’re looking for the highest betting limits online, try Bookmaker. You can bet up to $50k on the internet. You can also bet up to $100k if you call in your bet over the phone.
Bookmaker has flexible minimum and maximum deposits that vary based on which deposit method you’re using. With many methods, the minimum deposit is only $10.
You can deposit up to $500,000 with bitcoin, too.
Bovada.
If you’re a beginner to sports betting online, try Bovada. They have the friendliest user interface and the most deposit/withdrawal options.
Be sure to consider betting with bitcoin at Bovada, because they’re very friendly to bitcoin betters.
They also offer casino games and poker. If you’re looking for that kind of action, you can find it at other online bookmakers, but Bovada offers a much more robust set of games.
They also might have the best overall reputation of any of the sites listed here.
GT Bets.
If you’re looking for the best turnaround times for withdrawals, try GT Bets. They’re well-known for their fast turnaround time on customer withdrawals.
This is one of the newest sites on the list, having launched in 2011.
They do have low betting limits, though, so if you’re a high roller, you might want to pass on GT Bets and consider one of the other properties listed here.
Intertops.
If you’re looking for the sportsbook with the best reputation for honoring withdrawal requests and not having outstanding customer service issues, try Intertops.
Intertops is one of the oldest offshore gambling sites in the business. They were founded in 1998.
They also offer some of the best casino and poker games of any of the sites on the list. Bovada is probably the only comparable site in that respect.
Mybookie.
If you’re interested mostly in live betting and/or prop bets, try Mybookie.
They’re one of the newer books listed here, and they have a relatively high rollover requirement on their deposit bonuses.
MyBookie is probably better for low rollers because the biggest deposit you can make there is $25,000 — but that’s only for Bitcoin users.
If you’re using MasterCard or Visa, your maximum deposit is $1000.
BetDSI.
If you’re looking for a site that will accept a large deposit from a new gambler, try BetDSI. If you use Bitcoin, you can deposit between $25k and $50k. Check with customer service there for details.
The odds aren’t as good at BetDSI as at some other sites, and here’s something else you might have to deal with there:
If you’re winning consistently, you might become ineligible for their ongoing bonuses and promotions.
YouWager.
If you’re looking for great perks and promotions, try YouWager. They’re one of the best offshore betting sites for bonuses and ongoing rewards.
They also have a great mobile interface. The company is based in San Jose, Costa Rica.
They cater to a mostly US audience.
How to Choose an Offshore Gambling Site.
You should put some effort into choosing an offshore gambling site. Read some reviews, check out some player forums, and think about what your goals are at the site you’re thinking about signing up with.
Don’t forget that you’re looking for a trustworthy site.
In this industry, that’s relative, but some sites are better than others.
Every betting site on this list is different from every other betting site on this list. They almost all offer different bonuses and set different odds for various bets.
They also usually have differences in terms of which banking methods are available.
Some of them just offer sports bets, while others also offer casino games and/or poker.
Things to Consider When Making Your Decision.
Here are some things to look at and think about when deciding where to sign up:
Which sports can you bet on? What kind of customer service do they have? How can you deposit and withdraw funds? What are other bettors on the internet saying about them? What kinds of bonuses do they offer?
In some respects, offshore gambling sites are often similar, but they have major differences as they relate to all of the above factors.
You should make sure you understand which of those criteria are important to you and decide accordingly.
What Are Your Goals?
Do you just want to bet on football games each week?
How about getting the best odds on multiple sporting events? Is that important to you?
Do you want to make exotic bets and parlays?
These are just a few of the questions to ask yourself before making your decision.
If you go into the decision-making process blindly, without any thought to what you’re hoping to experience, you’re going to make a mistake when choosing from the offshore gambling sites above.
Finally, have an idea of what your risk tolerance is like.
Finally – What You Really Need to Understand about Offshore Gambling Sites.
I want to suggest again that if you can play at a licensed online sportsbook headquartered in the United States, never sign up for any of the offshore gambling sites available to you.
Use caution with any offshore sportsbooks you do business with, too. Make sure that you’re not betting money you can’t afford to lose.
And spend a little time investigating the reputations of the sites you’re considering before making that first deposit.
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https://www.wulfbecker.de/fx602p-sim/?error_checker=captcha&author_spam=WonEndarce&email_spam=db0738473%40gmail.com&url_spam=https%3A%2F%2Fsure-fixedmatch.com&comment_spam=%3Ca+href%3Dhttps%3A%2F%2Fcutt.ly%2FtgUsZ9U%3E%3Cimg+src%3D%5C%22https%3A%2F%2Fi.ibb.co%2FrbgFnyV%2Ffixed-matches.jpg%5C%22%3E%3C%2Fa%3E++%3Ca+href%3Dhttps%3A%2F%2Fbit.ly%2F3dWKdMz%3E%3Cimg+src%3D%5C%22https%3A%2F%2Fi.ibb.co%2FqxX6sQj%2Folujak69.png%5C%22%3E%3C%2Fa%3E+++%D0%BF%C2%BB%D1%97How+to+Calculate+Odds.The+bet+calculator+allows+you+to+input+your+stake+%26+odds+in+American+formats+to+quickly+calculate+the+payout+for+your+bets.Choose+the+amount+of+money+you+want+to+bet.Choose+the+odds+you+have+been+given+or+would+like+to+test.Payout.Your+total+payout+with+the+current+odds+and+stake.%24190.91.Profit.Decimal.Implied+Probability.Fractional+%2F+UK.How+to+Calculate+Parlay+Bet+Odds.A+parlay+bet+is+a+single+wager+that+requires+two+or+more+outcomes+to+all+win.+The+parlay+calculator+allows+you+to+input+your+stake+%26+odds+in+American+formats+to+quickly+calculate+the+payout+for+your+bets.Choose+the+amount+of+money+you+want+to+bet.Type+the+odds+you+want+to+add+and+press+enter+or+tab.Payout.Your+total+payout+with+the+current+odds+and+stake.Betting+Odds+Calculator.The+betting+odds+calculator+allows+you+to+input+your+stake+%26+odds+in+American%2C+Decimal%2C+or+Fractional+formats+to+quickly+calculate+the+payout+for+your+bets.Top+Offers.American+Odds+are+the+default+odds+at+American+sportsbooks.+These+odds+are+based+on+winning+%24100+for+a+given+bet.Betting+a+Favorite%3A+The+odds+for+favorites+will+have+a+minus+%28-%29+sign+%2C+and+represent+the+money+you+need+to+risk+to+win+%24100+.So+if+you%5C%27re+betting+on+the+Packers+at+-140+against+the+Vikings%2C+that+means+Green+Bay+is+a+slight+favorite.+You+need+to+risk+%24140+to+win+%24100+on+the+Packers.+If+they+win%2C+you+profit+%24100+and+get+your+original+%24140+back.The+rest+of+the+world+uses+Decimal+Odds+%2C+in+part+because+it%D0%B2%D0%82%E2%84%A2s+easier+to+convert+them+to+implied+probabilities+than+American+Odds.+Decimal+odds+represent+the+amount+a+bettor+wins+for+every+%241+wagered+.+And+the+number+represents+the+total+return+%2C+not+just+the+profit+like+American+and+fractional+odds.The+Packers+would+be+1.714+in+decimal+odds+as+a+-140+favorite+in+American+odds.+For+every+%241+risked%2C+you%D0%B2%D0%82%E2%84%A2re+profiting+71.4+cents%2C+plus+your+%241+back.Fractional+Odds+are+used+primarily+in+the+UK+and+Ireland.+Few+bettors+use+fractional+odds+for+betting+sports+%28other+than+horse+racing%29%2C+because+the+conversions+to+understand+return+are+difficult.To+calculate+winnings+on+fractional+odds%2C+multiply+your+bet+by+the+top+number+%28numerator%29%2C+then+divide+the+result+by+the+bottom+%28denominator%29.+So+a+%2410+bet+at+5%2F2+odds+is+%2810+%2A+5%29+%2F+2%2C+which+equals+%2425.+A+%2410+bet+at+2%2F5+odds+is+%2810+%2A+2%29+%2F+5%2C+which+is+%244.Did+you+notice+those+percentages+add+up+to+more+than+100%25%3F+That%D0%B2%D0%82%E2%84%A2s+because+of+the+vig%2C+which+is+a+sportsbook%D0%B2%D0%82%E2%84%A2s+cut+for+facilitating+your+bet.+To+calculate+implied+probability%2C+use+the+following+formulas%3AFor+negative+numbers+%28favorites%29%2C+drop+the+minus+sign%2C+then+do%3AFor+positive+numbers+%28underdogs%29+%3AThe+bet+amount+is+how+much+you%D0%B2%D0%82%E2%84%A2re+risking+on+a+given+bet.+As+a+responsible+bettor%2C+it+is+important+to+understand+proper+bankroll+management.Sports+Betting+Odds.NFL+Odds+%26+Betting+Lines+NBA+Odds+%26+Betting+Lines+College+Football+Odds+%26+Betting+Lines+College+Basketball+Odds+%26+Betting+Lines+MLB+Odds+%26+Betting+Lines+NHL+Odds+%26+Betting+Lines.Expert+Picks.NFL+Picks+%26+Analysis+NBA+Picks+%26+Analysis+College+Football+Picks+%26+Analysis+College+Basketball+Picks+%26+Analysis+MLB+Picks+%26+Analysis+NHL+Picks+%26+Analysis.Online+Sports+Betting+News+%26+Offers.State+Legalization+Tracker+Colorado+New+Jersey+Pennsylvania+Indiana+West+Virginia+Tennessee+Illinois+Michigan+Virginia+Iowa.Best+Online+Sportsbooks+%26+Reviews.DraftKings+PointsBet+BetMGM+William+Hill+FanDuel+Parx+FOX+Bet.The+Action+Network.DOWNLOAD+MOBILE+APPS.Copyright+2021+%D0%92%C2%A9+Action+Network+Inc%2C+All+Rights+Reserved.+%7C+%7CDISCLAIMER%3A+This+site+is+100%25+for+entertainment+purposes+only+and+does+not+involve+real+money+betting.If+you+or+someone+you+know+has+a+gambling+problem+and+wants+help%2C+call+1-800+GAMBLER.+This+service+is+intended+for+adult+users+only.Betting+Odds+Calculator.Bet+Calculator.Wager.Return.The+money+you+get+back+if+you+win.To+Win.The+profit+you+make+if+you+win.Super+Bowl+Special+Offer.A+big+offer+for+the+Big+Game%21Players+can+get+a+Risk+Free+First+Bet+up+to+%24600+and%2C+in+addition%2C+all+users+will+receive+%2450+of+Parlay+Insurance.New+customers+only.+21%2B.+NJ%2C+CO%2C+IN%2C+TN%2C+IN%2C+MI%2C+IA%2C+VA+and+WV+only.Calculate+how+much+money+you+stand+to+win+per+wager+with+our+betting+odds+calculator.+It+definitely+comes+in+handy+when+placing+bets+on+Monday+Night+Football%21A+bet+calculator+is+an+absolute+necessity+in+the+arsenal+of+any+serious+bettor.+The+sports+betting+calculator+allows+users+to+simplify+some+of+the+more+complicated+math+and+get+quick+and+precise+calculations+of+odds+and+potential+winnings.To+learn+more+about+how+to+use+a+betting+calculator+and+the+different+odds+formats+available+for+sports+betting+read+below.How+To+Use+A+Betting+Odds+Calculator.A+betting+odds+calculator+takes+the+odds+and+stake+of+a+particular+bet+and+figures+out+the+payout+automatically.+Thus%2C+in+order+to+understand+how+to+use+a+betting+odds+calculator%2C+we+must+first+understand+the+different+types+of+betting+odds.There+are+three+popular+methods+of+displaying+odds+at+sports+betting+sites%3A+American%2C+Decimal+and+Fractional.+Each+type+of+odds+requires+different+calculating+methods+when+using+a+sports+betting+odds+calculator.You+can+also+have+a+look+at+our+odds+converter%21American+Odds.Profit+%3D+%28Stake+%2A+Odds%29+%2F+100.Taking+the+example+above%2C+if+we+added+a+stake+of+%2450+we+can+calculate+the+potential+winnings+from+the+bet+using+an+odds+calculator%3AProfit+%3D+%2850+%2A+275%29%2F100+Profit+%3D+13750%2F100+Profit+%3D+%24137.50.When+calculating+American+odds+for+minus+odds+wagers%2C+you+are+calculating+the+odds+for+favorites%2C+which+returns+less+than+even+money+in+profits.+So+if+we+took+the+same+example+and+gave+the+Boston+Red+Sox+odds+of+-140%2C+it+would+represent+the+fact+you+would+have+to+wager+%24140+to+make+a+profit+of+%24100.+To+calculate+the+profit+for+an+American+minus+odds+you+may+use+the+formula%3AProfit+%3D+%28Stake+%2F+Odds%29+%2A+100.So+if+the+Red+Sox+were+getting+-140+odds+and+you+were+going+to+wager+%2450+on+them+the+betting+calculator+calculation+would+go+like+this%3AProfit+%3D+%2850+%2F+140%29+%2A+100+Profit+%3D+%280.357%29+%2A+100+Profit+%3D+%2435.7.When+using+an+American+odds+bet+calculator%2C+you+will+only+be+required+to+know+your+stake+and+odds%2C+the+calculator+will+do+the+rest.Decimal+Odds.Decimal+odds+are+very+popular+across+the+globe+with+most+online+sportsbooks+using+decimal+odds+as+their+default.+With+decimal+odds%2C+you+get+the+sum+of+the+amount+you+would+get+in+return+for+a+%241+bet.At+most+online+sportsbooks+like+BetRivers+or+bet365%2C+you+can+switch+to+this+format+if+you+prefer.For+example%2C+let%D0%B2%D0%82%E2%84%A2s+take+a+basketball+game+between+the+Los+Angeles+Lakers+and+Boston+Celtics.+If+the+Lakers+were+getting+2.50+odds+for+the+game%2C+it+would+mean+that+for+every+%241+you+bet+on+the+team+you+would+get+%242.50.+To+break+it+down%2C+you+would+receive+your+stake+back+as+%241+and+another+%241.50+in+profits.Calculating+the+potential+earnings+for+decimal+odds+is+very+simple.+You+simply+multiply+your+stake+by+the+odds+and+then+subtract+your+stake.Profit+%3D+%28Stake+%2A+Odds%29+%D0%B2%D0%82%E2%80%9C+Stake.Let%D0%B2%D0%82%E2%84%A2s+take+a+look+at+the+above+example+with+a+stake+of+%2450.Profit+%3D+%2850+%2A+2.50%29+%D0%B2%D0%82%E2%80%9C+50+Profit+%3D+%28125%29+%D0%B2%D0%82%E2%80%9C+50+Profit+%3D+%2475.While+the+calculations+for+decimal+odds+may+seem+very+easy+when+the+profits+for+accumulator+bets+are+being+calculated+it%D0%B2%D0%82%E2%84%A2s+best+to+use+a+betting+odds+&lang=en
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