Low Limit Sports Betting
Betting on your favorite sports over the internet doesn’t require you to make a huge investment – in fact, most of the US-facing sports books tend to focus on recreational bettors and casual sports enthusiasts. The minimum size of an online bet is usually set at $1, which is significantly lower than the minimum of $25, which is fairly standard for many bet-by-phone services.
Consequently, making a small deposit of $50 or $100 is going to give you access to the full spectrum of pre-match and live in-play betting opportunities, which means that you’ll be able to wager on some of the hottest American leagues, including the MLB, NBA, NHL, NFL and even NCAA college sports. Even better, most US-friendly sports books provide you with a full coverage of important international soccer or tennis events, including the World Cup or the Wimbledon.
Other popular sports covered by offshore sportsbooks include horse racing, mixed martial arts, volleyball and boxing, just to name a few. In addition, it is worth pointing out that casual bettors are able to take advantage of all the available bet types, which includes totals, over/under wagers, props, parlays and futures.
Getting the Most Bang for Your Buck
One of the best ways to maximize your online sports betting profits is to wager exclusively on the sports that you’re familiar with, especially when it comes to putting your money on the underdog. Even $1 bets have a slight impact on your bankroll, which means that you should avoid making impulsive decisions and you should always try analyzing the contestants before putting your hard earned money on the line.
In addition, it is worth remembering that some of the popular wager types are inherently more risky than the other. For example, betting the money line and picking the favorite is considered to be relatively safe in some sports, while placing complex parlay bets is often perceived as testing your luck.
As briefly touched on above, making a small deposit to an offshore sports betting site shouldn’t be much of an issue as long as you have a Visa/MasterCard credit card at your disposal. Credit card deposits are completely free of charge, but many bettors have reported some reliability issues over the past few months. In some cases, the transactions get blocked by payment processors – and while having this happen to you won’t cost you any money or require you to face legal problems, there’s no denying the fact that being forced to go through several cards before finding the one that works can get rather frustrating.If you’d like the avoid assuming this kind of trial and error approach, you could always deposit to a site that supports Western Union or MoneyGram payments. However, you should keep in mind that choosing this alternative method might require you to cover the additional transaction fees.
If you’ve made a credit card deposit, the quickest and cheapest way to withdraw your winnings is to request a standard bank wire transfer. Cashing out using this method shouldn’t take more than two weeks and requires you to pay a small transaction fee, which isn’t likely to have a massive impact on your long-term profitability. Recreational bettors should avoid withdrawing via a check by courier, as this method is very expensive and should be used exclusively for people who have to withdraw massive amounts of money.
Finally, it is worth pointing out that customers who made a deposit via Western Union or MoneyGram are often allowed to cash out using this method – in fact, even if the option isn’t listed on the site, you might be allowed to request a money order upon contacting support.
Most of the welcome bonuses offered by online sportsbooks are rather small when compared with online casino or poker promotions, but that doesn’t change the fact that they can be quite useful for casual bettors. Most sports betting sites allow you to grab up to $200 with a 25% or 50% match on your payment, which means that you’ll receive about $25 or $50 for free if you deposit $100.
In addition, some of the US-facing sportbooks offer reduced juice promotions, which allow you to take advantage of better words for a wide range of sporting events. Reduced juice promotions improve your long-term profitability, so you should always choose them over free bets unless you aren’t planning on sticking with the site.