US Online Sports Betting Alternatives to FanDuel and DraftKings
The entire online sports betting industry in the United States is undergoing a major shift in both the scope and range of online sportsbooks. Offshore books located in regulated gaming markets in the Caribbean and Latin America have been catering to US bettors for years. Certain federal laws concerning money wire transfers clouded the legality of US sports betting in the country. However, it has never been illegal to bet on sports at one of these online betting venues.
The entire sports betting industry underwent a dramatic change in May of 2018 when the US Supreme Court ruled in favor of individual state’s rights to control legal sports betting within their borders. New Jersey led the fight and it also led the way in opening up land-based sportsbooks in its Atlantic City casinos and its racetracks for horse betting.
Soon after these land-based books were open for business, online betting followed. Daily sports fantasy league giants FanDuel and DraftKings each struck a deal with a New Jersey casino to take legal sports betting online.
Both FanDuel and DraftKings have plans in place for expansion outside of New Jersey. However, access to their online sportsbook will still be limited to states with regulated sports betting. This is the primary difference between these two sites and the existing online sportsbooks that have been offering sports betting to US customers for years.
One online sportsbook that is at the top of the list with many review sites is Bovada. Its origins go back to when it was commonly known as Bodog. In an effort to work with existing US federal regulations, the Costa Rican company formed Bovada.lv exclusively for US sports bettors. It has grown to become one of the biggest and most popular online sportsbooks catering to US bettors.
A few of the other top online sportsbooks that offer sports betting to the US market include:
All of these books have received a high rating from some of the most trusted sports betting review sites covering the online sports betting industry. A comprehensive and unbiased review is an excellent way of finding an online sportsbook geared to a particular betting style and strategy. The best way to search online sportsbooks for US bettors is to click onto the site to perform your own due diligence.
If you happen to live in New Jersey or visiting the state, you would be able to access and use FanDuel and/or DraftKings to bet on the games.
Another phenomenon that is changing the real money online sports betting industry is the use of Bitcoin for deposits and withdrawals. As the most popular digital currency in the crypto industry, it is widely accepted by most online sportsbooks.
Cryptocurrency is not tied to any government or financial institution. Each transaction is processed in a safe, secure and anonymous fashion between two parties. This becomes the perfect way to fund an online betting account as well as request payouts. Best of all, there are no transfer fees associated with most cryptocurrency transactions.