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Best offshore sportsbooks for online betting?

Started by Sarah Wilson75 · · 👁 208 views · 2.8K replies

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Participants Sarah Wilson75wiredjackal91steeltiger18Andrew Rogers6driftinghawk83Joshua Garcia8Robert Thompson12Alex CookRebecca Fox4Jonathan Hill3Gregory Ramos3Jamie Jones19Larry Ward48analoggull4feralgull99Brian HillEric Fox7wearyotter36Sean Lee6Ryan Brown92Sam Diaz2Bryan Adams6Noah Ross7slycyclist35 …
silverridge3 silverridge3 Active Member
92 messages
joined Sep 2012
#1621 ·
Bryan Gray91 said:If I’m getting this right, Ladbrokes actually let them go up to 600 bucks on indoor soccer.
That means they probably opened that account ages ago. Lately, any account opened here in the States gets slapped with an automatic limit—like, maybe 50 or 100 bucks for the NBA games and stuff like that.

I just opened my account about two months back.
They’ve got me capped at $1.88. Absolute garbage of a sportsbook.
steelpilot29 steelpilot29 Member
22 messages
joined Jan 2014
#1622 ·
silverridge3 said:I just opened my account two months ago.
The limits are stuck at $2.00—what a joke of a sportsbook.

That sounds rough..

What kind of sports or leagues are you betting on, and what do your typical stakes look like?
Terry Rogers2 Terry Rogers2 Newcomer
6 messages
joined Sep 2007
#1623 ·
I heard a rumor floating around that the crackdown on online betting is supposed to kick in starting January 1st, 2015.
Eric Fox7 Eric Fox7 Regular
320 messages
joined Jul 2012
#1624 ·
steelpilot29 said:Total disaster...

So, which sports or leagues are you betting on, and what kind of roles are you playing?

I’m going to say this for the hundredth time—we aren't discussing specific betting roles here. It's strictly against the subforum rules.
steelpilot29 steelpilot29 Member
22 messages
joined Jan 2014
#1625 ·
Eric Fox7 said:I’m going to say it again: let's not get into discussions about specific stakes. It’s against the subforum rules.

My bad, I didn't realize that since I've only been following the last few pages. Though, isn't that actually pretty important for this situation? After all, that's usually what leads to account freezes.
Eric Fox7 Eric Fox7 Regular
320 messages
joined Jul 2012
#1626 ·
Then you can just upload your payment receipts and all those transaction slips, and we'll have everything squared away.

Please don't argue with the warnings—just take a second to read over the subforum rules.
Christian Hernandez11 Christian Hernandez11 Member
11 messages
joined Dec 2007
#1627 ·
I suggest you start a dedicated thread specifically for discussing betting limits—whether we're talking about the major online platforms or the local sportsbooks... that way, we can dive into the actual numbers without any interruptions.
Eric Fox7 Eric Fox7 Regular
320 messages
joined Jul 2012
#1628 ·
Not happening—I feel like I’ve already typed out the reasons why at least fifty times now.
mellowdrifter14 mellowdrifter14 Member
17 messages
joined Feb 2014
#1629 ·
silverridge3 said:I just opened my account two months ago.
They've capped me at $1.88—what an absolute joke of a sportsbook.

It’s probably because:
a) you're hunting sure bets
b) you're constantly chasing the best market odds

The majority of players in America fall into category A or B, which is why DraftKings likely slapped an automatic limit on all new accounts from the US—capping them at about 10% of what they should be. Honestly, someone put it perfectly once: they just aren't looking to bring in too many players from the States.

If you play max bets on things that aren't even sure bets—or don't necessarily hunt for the absolute highest line on the market—you can definitely bump that limit up. But let's be real, at the end of the day, it all comes down to how much of a winner you actually are...
Arthur Howard Arthur Howard Active Member
128 messages
joined Sep 2014
#1630 ·
Why on earth would anyone ever attempt to play the absolute maximum role allowed when it comes to bankroll management? Is it not far more prudent to simply aim for about 10% less than the ceiling, thereby ensuring you stay blissfully under the radar of any watchful eyes?

And if I may add one more vital piece of wisdom for those of you navigating these waters! Please, for the sake of sanity, refrain from placing bets like 23.57 or other such nonsensical amounts; instead, why not just stick to nice, clean, "round" numbers like 24? You will find yourselves facing significantly fewer headaches because those odd, fractional wagers are flagged almost instantly by systems looking for anyone attempting to manipulate surebet margins.
Jeffrey Thomas7 Jeffrey Thomas7 Newcomer
1 message
joined Feb 2014
#1631 ·
Does anyone happen to have an old account at DraftKings with high limits for live betting? Please shoot me a DM; I’m willing to offer a massive reward for the right account.
Sean Flores27 Sean Flores27 Newcomer
3 messages
joined Feb 2014
#1632 ·
steelpilot29 said:Look, I posted the exchange rate table above; it’s hardly some classified government document, and it’s sitting right there on their website. Just be careful about which options you select when using an ATM. For heaven's sake, never accept the bank's offered conversion rate—those things can balloon up to 7.0x or 7.1x.

The whole comparison between Skrill and a standard US bank account or credit card really depends on the specific bank, the transaction amounts, your Skrill tier, and so on. In my experience, the bank ends up being slightly more favorable, but I personally prefer avoiding them entirely.

The money in a betting account isn't exactly hard-earned cash, so why hand over more than necessary? And if you're heading into a branch to ask for advice, just remember: most tellers at big banks like Chase or Wells Fargo don't have a clue what they're talking about. I've learned that lesson a thousand times over.

So, if the rate is 7.61 (which is what's currently listed on their site), and they tack on that 3.99% fee (the one they use for transfers between USD, GBP, EUR, CAD, PLN, etc.), does that mean I'd actually be getting 7.31 per dollar at the ATM?
Chris Nguyen31 Chris Nguyen31 Active Member
56 messages
joined Mar 2013
#1633 ·
Sean Flores27 said:So if the rate is 7.61 (what's currently listed on their site) and they tack on a 3.99% fee (they add 3.99% for transfers between USD, GBP, EUR, CAD, PLN, and any other currency), does that mean I'd be getting $7.31 at the ATM?

Not quite.
I pulled some cash from a Chase ATM the day before yesterday. Do the math based on this rate:

(image)[/IMG]
steelpilot29 steelpilot29 Member
22 messages
joined Jan 2014
#1634 ·
@ Sean Flores27: I think what you’re talking about is just converting funds from one currency to another within the app. You can actually hold two or three different currencies in a single Skrill account, but you might want to look into the specifics of how they handle the conversion fees. Personally, I only deal in USD, so I'm not entirely sure how their multi-currency setup works in practice.

@ nextgame: Honestly, I'm impressed you were able to focus at the ATM for that long! 😉 It's a total toss-up whether you'll actually land that sweet exchange rate from JPMorgan Chase ☕
Sean Flores27 Sean Flores27 Newcomer
3 messages
joined Feb 2014
#1635 ·
Chris Nguyen31 said:Actually, I wouldn't call it that simple.
Just the other day, I pulled some cash out of a JPMorgan Chase ATM, so you can run the numbers yourselves:

(image)[/IMG]

Right, so that 3.99% rate only applies during internal transfers. Great news. 🙂 I’m with Bank of America, but I assume the difference is negligible, aside from whatever decimals they decide to shave off.
Thanks for the assist 👍
steelpilot29 steelpilot29 Member
22 messages
joined Jan 2014
#1636 ·
Sean Flores27 said:Yeah, so that 3.99 rate only applies when you're transferring between accounts. That's great news 🙂 I use JPMorgan Chase, but I assume there isn't much difference besides how they handle the decimals
Thanks for the help 👍

It doesn't really matter which bank you use; they all tend to offer pretty much the same exchange rate. Just be smart about when you withdraw—maybe try a smaller amount first to test the waters? If I recall correctly, JPMorgan Chase had certain limits $0.70 and they don't always ask which rate you want at every ATM; instead, they just automatically apply their own rate and tack on a service fee
Sean Flores27 Sean Flores27 Newcomer
3 messages
joined Feb 2014
#1637 ·
steelpilot29 said:The bank you use doesn't actually matter; they all slap you with the same exchange rate. Just be careful about when you withdraw—maybe try testing it out with a tiny amount first. If memory serves, JPMorgan Chase had a limit $0.70 and they don't even bother asking which rate you want at the ATM. They just force their own conversion on you and tuck away a hefty commission
.

Hmm. So how am I supposed to avoid an ATM that hits me with a fee if some ask and others don't? 🤷
I won't be pulling out huge amounts, but still...
Brandon Castillo4 Brandon Castillo4 Regular
277 messages
joined Nov 2003
#1638 ·
steelpilot29 said:Honestly, it doesn't matter which bank you use; they all slap you with the same terrible exchange rate. Just be smart about when you withdraw—try testing it out with a small amount first. If I recall correctly, JP Morgan Chase had a limit $0.70 and they don't even give you a choice on the ATM regarding which rate you want. They just force their own conversion on you and tack on a sneaky fee

It’s straight-up robbery. Pure arrogance, honestly—not even giving you the option to handle the conversion yourself. 🙄
brightviper173 brightviper173 Member
12 messages
joined Aug 2012
#1639 ·
Is it just me, or is BetMGM blocking new sign-ups from America? I can't even select the US in the residency field.
rapidfalcon15 rapidfalcon15 Newcomer
1 message
joined Aug 2013
#1640 ·
So, is BetMGM pulling out of the US market because they just can't make the math work?

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