The Advantages of Using an Offshore Sportsbook
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- Category: Gambling Industry
- Created: Monday, 16 September 2024 07:54
Sports betting is one of the most popular hobbies in the world with millions of people placing bets every day. However, not everyone has access to a betting shop which is why many of bettors use an offshore sportsbook. In this article, we go over the Advantages of Using an Offshore Sportsbook and why they are so popular amongst gamblers.
Offshore sports betting refers to placing a bet on sport with a business that is outside of your country. In the Western world, Offshore betting has been available to gamblers since the mid-1980s and done by phone.
As the internet became more prominent, the first offshore online sportsbook came about in 1996 changing the gambling industry forever.
Offshore online sportsbook frequently assert that they are capitalizing on a gray area within other country's laws. Therefore, they are able to function from abroad, beyond the reach of national regulations.
Today, the offshore gambling industry is huge with no sign of stopping.
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