Online sports betting in the US is live in many states in 2020. Find out if your state has legal sportsbooks and mobile sports betting apps. Following years of lobbying, gaming companies finally received approval for sports betting from the U.S. The nine justices recently ruled the decades-long federal ban on sports.
You should not struggle to find the best online sports betting sites. With the incredible growth witnessed in the industry, there are many platforms where you can play online. However, there are a couple of platforms you should avoid.
To help you find the best sports betting sites, this guide lists the top three best online sports betting sites: Bovada, BetOnline, and MyBookie.
There are many factors that make the best online betting sites. These sports sites cover many sports and have the fastest payouts. They are honest, trusted and reliable.
Bovada is by far the best sports websites for bettors in the US. The company offers everything you would ever want. Bovada is easy to navigate, professional and has many offerings for bettors. Players have never complained about missing payouts. It is one of the most secure sports gambling sites.
Bovada boasts of smooth deposit options for gamblers. However, the platform does not have many deposit money deposit options although things are easy and straightforward. Deposit options include bitcoin, Amex, MasterCard and visa. Transactions are quite fast with fewer hoops. You can use the cash almost immediately.
BetOnline is yet another notable sport betting platform. They always improve infrastructure, bonuses, and promotions so that you can get incredible products. It is important to know that you are playing on a platform that keeps improving their performance.
The platform requires a minimum of $10 to play. Payment options include MoneyGram, Mastercard, western union, bitcoin, Skrill bank, discover card, diners club, American express, Ethereum. Support BTC and USD.
Customer support is extremely important when it comes to finding the best sports betting sites. BetOnline offers one of the best customer support system including email and phone. You can ask questions related to skill game, casino, and poker and you will get quick responses. Also, you can connect with the customer reps through social media networks such as Instagram, Facebook, and Twitter. Follow them on twitter to see how lines are moving and upcoming bets.
MyBookie is an incredible top online sportsbook and casino. Even though some aspects need to be improved, it still offers some incredible features that gamblers would appreciate.
There are a host of banking options that the website offers. It is easy to deposit and withdraw funds any time of the day. However, the website does not offer e-wallet options like other sports gambling sites. Players hope in the future MyBookie will introduce Neteller and Skrill.
MyBookie offers some incredible bonuses for players. There is a broad assortment of bonus across sportsbook and casino which players can use to spin, earn bonus money and so much more. In addition, the bonuses are more extensive as compared to other sports betting online websites.
MyBookie has one of the best customer support among sports betting online sites.
First and foremost, they offer customer support 24hrs, offering help to customers. Apart from that, you can easily reach them through telephone, web form, and live chat. Best slot machine to play gta online. Customers have recorded satisfaction in customer support as they are helpful and fast.
It does not matter if you are using a desktop version or mobile version of the website. Also, the quality of the user interface is commendable. The website is easy to navigate. It is never an issue to find what you want on the website, all thanks to the thoughtful and quality built.
Finding the best online betting sites that are safe and secure is not easy as there are many fake sites online. However, a good online gambling site is that which offer the best user experience, easy banking options, and great customer support.
The US sports betting market is still in its early days but has already played host to some spectacular deals since 2018.
The deal-making in the sports betting industry shows no sign of slowing down.
“Everyone is talking to everyone” said Simon French, the co-founder of advisory firm BixtethPartners. “There’s a lot of motivation to do deals, from valuation arbitrage to technology plays. There are still a lot of big guns yet to fire bullets.”
So what sort of transactions could we see in 2021?
For starters, more companies are likely to going public. Jefferies analyst David Katz said demand for sports betting opportunities among institutional investors was “unbelievable.”
“The volume of calls we get, the readership of notes, it’s been amazing,” Katz said. “There is certainly a gold rush feeling here.”
At present that demand is seemingly funneled into two high-profile sports betting stocks: Penn and DraftKings. But the markets have a way of leveling themselves, and more supply is on the way via SPACs.
It helps that SPACs involving DraftKings, Golden Nugget,Rush Street andGenius Sports have all been well received. And there are several more funded SPACs looking for targets within gaming.
Like any gold rush, there’s plenty of money available for those providing the picks and shovels. As one Wall Street source put it:
“If you provide anything to this industry and you’re not trying to take advantage of the multiples available in public markets, you’re not doing your job. If people are willing to hand out money at astronomical valuations, why wouldn’t you take advantage of it?”
SPACs are a simple solution to speed up that passage to the public markets, so expect more of the same in 2021. The impact of that glut of supply on valuations? Well, that is its own question.
Aside from the external interest in the sector, there’s plenty of appetite for deal-making within it. DraftKings is an obvious candidate to be at the heart of any wheeling and dealing. At its recentQ3 results, DK had $1.3 billion on the balance sheet, which CEO Jason Robins said could be earmarked for M&A.
The company has been linked in the past with media outlets likeBleacher Report, but could feasibly have a bigger target in mind.
“DraftKings acquiring a European operator in stock would make sense in theory,” said WillHershey, CEO of RoundHill Investments. “That would be immediately accretive to earnings.”
Such a deal would make the most of DKNG’s lofty valuation, especially if a similar multiple were applied to any European revenues it acquired.
Content is also still highly sought after, according to the banker. To that end, operators are looking at names like The Athletic, Bleacher Report, Sports Illustrated and Action Network.
Companies are also looking at daily fantasy sports. We saw two sportsbook investments in fantasy companies in one day this week, and expect more of the same.
Fantasy operators can build customer databases in not-yet legal betting states like California, and take sign-ups three years earlier than sportsbooks with a legal age of 18 years old. (Of course, DraftKings and FanDuel are already doing this as well.)
For a sportsbook, having a fantasy option in-house helps capture a higher share of a player’s wallet. At present, a William Hill customer (for example) needs to go to FanDuel/DraftKings to play fantasy, from where they might never return.
Or how about a deal focused on in-play betting? In-play is one of the fastest-growing areas of US sports betting, but the product is certainly not perfect yet. In fact, some argue it is “broken” thanks to delays, heavy vig and not enough uptime.
It’s the type of niche technology problem that could be solved by a startup rather than a legacy operator. A company like SimpleBet has made some progress on this front with a free-to-play micro-prediction game gaining tractionover at FanDuel.
In fact, B2B technology as a whole is a hot sector given the success of DraftKings/SBTech and more recentlyBally’s and Bet.Works.
“We’ve been surprised by the number of US betting operators wanting their own tech stack,” French said.
That could make privately-owned software names like FSB and Amelco attractive for US casino chains.
It’s a similar story in online casino; a relatively unloved market at present, but one with more value still to be unlocked.
French noted Playtech as an option for US operators looking to own their casino technology. Indeed, earlier this year Playtech shareholder Jason Ader argued the company would be an ideal target for DraftKings.
On that note, Ader told LSR he expected to see more US land-based giants acquiring European online operators like the Caesars/William Hill deal.
“If they don’t, they risk going out of business,” Ader said. “If you’re a retailer that didn’t move online, you don’t exist anymore. Who’s thriving against Amazon? Wal-Mart. They built an amazing online business to complement their stores. MGM, Caesars, Wynn. They have a choice to be like Wal-Mart or disappear.”
In short, there’s a palpable sense of an ongoing gold rush for US betting sites, and 2021 looks set be a year of blockbusters.