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Online Sportsbooks Will Not Only Survive, They Will Thrive


Since the U.S. Supreme Court lifted the ban on sports betting in May, the question I have been asked the most is: “What are online offshore sportsbooks going to do now? Are they going to have to fold? My answer is simple, online sportsbooks are not only going to survive, they are going to thrive.


Offshore sportsbooks have been around since the mid 1990’s, and have grown exponentially along with the Internet in the past 20 years. Experts have estimated that 500 billion dollars will be spent online in 2018. Although it would be hard to get an exact figure, reports predict some $400 billion is spent per year gambling on sports.


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The sports betting industry is huge, as it combines two of the longest standing hobbies known to man, watching sports and gambling. The reasons why online sportsbooks will thrive are plentiful, but here are a few of the most important, some of which you may or may not have thought about.


Online Sportsbooks Spend Money Where it Counts


Because it is such a lucrative business, online sportsbooks spend money to be sure they know what they need to do in order to be successful. Software reliability is of utmost importance, with studies showing players leave a sportsbook most frequently because at one point the site was down and they couldn’t place a bet when they wanted to.


You want to bet at a sportsbook that takes pride in their gaming software, employing a large team of highly trained IT personnel. My book even has backup websites that are on different servers in case there is a problem, which are few and far between.


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I have spoken to the owner of the online sportsbook I use, and we’ve talked about his philosophy towards his IT approach. His team is not only upgrading software 24/7, but he has a separate team that is constantly developing.


Been There, Done That


Early I told you sportsbooks started operating online in the mid-1990’s, it was 1996 to be exact. My book came online in 2005, that’s 14 years to work out the bugs. In other words, they have been doing what they’re doing so long that they have it figured out.


There hasn’t been a scenario they haven’t dealt with. They’re like Farmer’s Insurance, “they know a thing or two because they’ve seen a thing or two”. Selfless plug alert: I’ve been working with a bookie with 20 years in the game to create a TV show based on some stories. Stay tuned.




I’ve talked about reliability and knowing a thing or two, but let’s be real here, 90% of us don’t give a $hit about that. The convenience factor is where betting with an online offshore sportsbook gets top marks. Topped with their betting options and real time sharp lines, you cannot beat getting everything that is offered to you by an online sportsbook, when you want it, how you want it.


With modern mobile technology, you’re one tap from a betting world like you never thought possible. The latest trend in sports betting is live betting, have you tried it? You get real-time lines on up to 50 events in a given game, you’ll even see some “yes or no” type bets. It’s killer.


I’ve heard that when sports betting becomes mainstream in the US, there will be betting ticket windows at all professional stadiums. Guys have argued, “if windows go in stadiums, offshore is done”; that’s ok, while you’re waiting in line, I’ll be placing my bet on my phone.


Safe and Easy


The safety goes along with a sportsbook being around for 10-20 years. This day and age, no operation is getting away with shady activity, and will be called out and scrutinized until they would eventually have to close shop.


Quick and easy setup, lots of banking options, well trained customer service teams and having the ability to move at your own pace is paramount in helping you become a successful sports bettor. If you’re just starting out or you’ve been betting since you turned 12, once you’ve signed up and funded your account, you log in on your computer or favorite mobile device and figure it all out on your time. There’s no one pushing you to bet, there’s no timetable for when you need to place your first bet.


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Do you remember earlier when I mentioned the U.S. Supreme Court lifted the ban on sports betting? That’s the government, so we all know they’ll be getting a chunk of the multi-billion dollar industry. Offshore sportsbooks are just that, offshore, so sometimes getting account figures can be tricky business.


There’s a good start on explaining why online offshore sports betting will thrive. I didn’t even get into the lines, and how a half point here and 2 points there can make a huge difference to your bottom line. Throw in bonuses, contests and access to a racebook and casinos, you’re probably shaking your head, wondering why you aren’t betting with an online offshore sportsbook right now.

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