Offshore Betting
After a couple emails from readers who were contemplating offshore betting we
decided to write this piece. We are calling it �the complete guidebook to
betting offshore� and it has already been recognized as one of the finest pieces
of information on the topic of offshore sports betting throughout the betting
community. Most of our readers already know why you should be placing your bets
offshore, bonuses, convenience, reduced juice, etc. etc. but a lot of players
simply are confused on how to do so. After reading this piece of literature you
will be fully prepared to start offshore internet betting.
The first step is to choose a quality online sportsbook. This is the most
important piece of betting offshore. There are over 1000 internet sportsbooks
out there today, most of which are low quality books that don't deserve your
action. You always want to stick with the big boys, books that have a good
reputation, excellent customer service, and that are rock solid financially.
Lets face it after you win, you do want to get paid quickly and hassle free. If
you don't know which books are quality, well run businesses, we do have a
sportsbooks section which lists some of the superior offshore sports betting
books we personally bet at daily. All of the books listed on
GuaranteedSportsPick.com are top notch and include a sportsbook review so you
can see all their company information, bonus plan, and contact information.
If there is an offshore betting online portal you are considering playing at,
but isn't reviewed or recommended by GSP Sports, you can check out a website
called
sportsbookreview.com for a letter grade. They are one of the few honest
review sites out there that doesn't have an agenda or favoritism towards certain
books. We must warn you though; these days there are plenty of sportsbook review
sites on the Internet. Most of these websites are owned by sportsbooks or
affiliates and the advice or suggestions they provide should be deemed biased.
After you have found the book that suits your betting needs, you are going to
need to sign up for an account. This is a pretty simple process; they will ask
you for your name, address, to create a password, etc. etc. They ask you for the
pertinent information, if you have ever made a purchase online it is the same
type of deal. If you are not all that Internet savvy, most books will allow you
to call their 800 number and setup your account over the phone. But again the
online signup process is pretty straightforward.
After you have registered for an account, you are going to need to deposit
funds into the offshore betting account. Different books offer different deposit
options so you will need to see exactly which methods your book does offer. Each
book is different but normally clicking on the cashier or the deposit link will
inform you what methods they accept. The most common ways to deposit are bank
wire, western union, visa, mastercard, and money transfer through online
companies like neteller, moneybookers, and firepay.
Bank wire is pretty self explanatory; you transfer funds through your bank
account to the sportsbook to start betting.
For western union, you will need to contact the sportsbook and request the
receiver's information. You will need their name, city, country, and zip/postal
code. They will remind you to add your account number when you send the funds to
speed up the deposit process.
Visa and Mastercard deposits are a little trickier. The first problem with
credit card deposits is some banks have stopped allowing deposits to offshore
betting sites. It all depends on the website and your issuing bank if a credit
card deposit will work. Quite frankly credit card deposits are becoming a thing
of the past since they always don't go through and the maximum deposit is
usually pretty low.
As much as credit card deposits are a thing of the past, money transfer
through
neteller,
moneybookers, and
firepay are the ideal way
to deposit these days. Much like paypal, (who no longer accepts online gambling
transfers) these 3 companies allow you to send and receive money to online
merchants instantly. You transfer funds to your neteller, moneybookers, or
firepay accounts via your bank account and than use that money to deposit at the
sportsbook and start betting offshore. Signing up for either one of the accounts
is a simple task and takes just minutes to do so. You can click on any of the
links above to visit each website and see which one you are most comfortable
with. If you don't know which one to choose our personal preference is Neteller.
We have been using Neteller for a few years now and in our opinion is the
easiest and fastest way to send funds to and from a sportsbook.
Betting Offshore
Okay so now you have selected a sportsbook, signed up for an account, and
have money available to start betting, what's next? Well clearly it is time to
start placing your wagers. Each sportsbook has an easy to use wagering menu. It
should be clean and concise so placing bets can be made swiftly and with ease.
Most books will have it setup where you need to enter your password or initials
to verify your wager. This avoids any misplaced bets or mistakes you may have
made. After you have verified your wager you will be able to hit the pending
wagers or open bets link and see all open wagers you currently have.
Once the game you bet on is over, you will be able to login and see your new
account balance. The bigger books are pretty good at grading wagers within a
half hour after the sporting event has ended. Some are quicker, some slower,
just all depends on the time of year, the sport the wager was placed on, how
busy they are, and how many graders the book has working. It is recommended to
record all your offshore betting transactions in a log to track performance,
betting trends, and any information you may need to look back on someday. This
is not essential but highly suggested by GSP Sports.
Okay so you have picked a few more winners than losers and would like to
collect some of your winnings. It is time to request a payout. Most of the
offshore betting parlors offer 1 free payout a month. Again some books may give
free payouts for only certain withdrawal methods while others may offer free
payouts via all methods. This all depends on the sportsbook and you should be
able to view all their fees via the website. Please note if you deposited via
credit card, it is mandatory for the sportsbook to credit the full amount of the
deposit back onto your card before any other method can be used to receive
money. Just another reason why credit card depositing, should be a last resort
in terms of depositing. Stick with neteller or a cashiers check as again these
are the easiest and quickest ways of getting your funds.
That pretty much sums up the offshore betting process in a nutshell. We thank
you for taking the time to read our guide to betting offshore.
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