Sportsbook Rating User rating Avg. Payout Payout speed Apps support Cashout Live stream Bet builder Bonus T&C More information
#1 Rated sportsbook
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Expert rating 5.0 / 5 User rating No reviews Payout speed $ 1-5 days

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As sports betting continues to gain legal status in numerous states across the U.S., bettors now have an extensive range of options at their disposal. Legal betting is now accessible in over 30 states, featuring a selection of more than 20 betting websites. Compiling a list of the best sportsbooks in the U.S. presented a considerable challenge, involving nearly 50 hours of in-depth personal research, collaboration with bettors for their insights, and a comprehensive analysis of data provided by Oddspedia on legal betting platforms.

The evaluation prioritized trust and security, ensuring that every sportsbook featured in this list guarantees a secure betting environment. Additionally, a comprehensive assessment was conducted on the user experience across both app and desktop platforms, the quality of odds, available bonuses and promotions, the diversity of betting markets, as well as the efficiency of deposit and withdrawal processes. With a comprehensive coverage of these factors, read on to explore the online sportsbooks that have secured a position at the top.

It's crucial to confirm your eligibility to place bets with a sportsbook before proceeding to register and wager. Sports betting operators must undergo thorough evaluations to obtain licenses within particular states. The process can differ across states, including the financial benefits for sportsbooks influenced by state-level tax laws. As a result, the best sportsbooks in the United States may vary depending on the region where you intend to place your bets.

You will find the likes of FanDuel, DraftKings, BetMGM and Caesars Sportsbook tend to be available in most states. While other like bet365, BetRivers or BetParx might be available in slightly fewer. This makes it difficult to conclusive determine which is among the best legal U.S. sportsbooks. However, Oddspedia has been able to pull the numbers together on a state-by-state basis and provide this information, so it’s relevant to where you are.

State  OnlineRetail
Arizona sportsbooksYesYes
Arkansas sportsbooksNoYes
Colorado sportsbooksYesYes
Connecticut sportsbooksYesYes
Delaware sportsbooksNoYes
Florida sportsbooksNoNo
Illinois sportsbooksYesYes
Indiana sportsbooksYesYes
Iowa sportsbooksYesYes
Kansas sportsbooksYesYes
Kentucky sportsbooksYesYes
Louisiana sportsbooksYesYes
Maryland sportsbooksYesYes
Massachusetts sportsbooksYesYes
Michigan sportsbooksYesYes
Mississippi sportsbooksNoYes
Montana sportsbooksOn-premises onlyYes
Nebraska sportsbooksNoNo
Nevada sportsbooksYesYes
New Hampshire sportsbooksYesYes
New Jersey sportsbooksYesYes
New Mexico sportsbooksNoYes
New York sportsbooksYesYes
North Carolina sportsbooksYesYes
Ohio sportsbooksYesYes
Pennsylvania sportsbooksYesYes
Rhode Island sportsbooksYesYes
Tennessee sportsbooksYesNo
Texas sportsbooksYesYes
Vermont sportsbooksYesYes
West Virginia sportsbooksYesYes
Washington, DC sportsbooksYesYes
Wisconsin sportsbooksNoNo
Wyoming sportsbooksYesNo

Top 5 trusted betting sites

🏆 FanDuelBest for all-around experience
🚀 DraftKingsBest for odds value and boosts
📱 BetMGMBest for user experience
🤑 Caesars SportsbookBest for welcome bonus
💰 BetRiversBest for regular promotions
🗓 Last VerifiedMay 2024

If you've delved into the realm of sports betting, you've probably noticed that the leading betting platforms are often the biggest names in the industry. It's noteworthy to emphasize that these sportsbooks have rightfully secured their positions through consistent displays of excellence. They've tackled and overcome every hurdle they faced.

To ensure transparency and impartiality, I have outlined detailed justifications for the top rankings of these betting sites. Additionally, I have pointed out areas for improvement and potential drawbacks for each sportsbook. While they may stand out as the clear frontrunners, it is important to recognize that none of them are without flaws. Nevertheless, they excel in all the aforementioned criteria. Furthermore, I have provided thorough insights into the exceptional strengths displayed by each of them in specific domains.


Bet $5, Win $150 in Bonus Bets
New customers only. 21+. Wager your first $5+ and you'll be awarded $150 in bonus bets ($300 in MA, OH) if you win. Gambling Problem? Call 1-800-GAMBLER. FanDuel Sportsbook available in AZ, CT, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, NC, PA, OH, TN, VA, VT, WV, WY only. Full T&Cs apply.
USA USA players are accepted
No code required Claim bonus

FanDuel has to top the list of the best U.S. sportsbooks for its all-round experience. It is hard to pick a fault with this betting site and there is a clear reason it’s one of the most popular choices for bettors in the U.S. A fantastic bet $5, win $150 in bonus bets welcome offer — with no need for a FanDuel promo code — is a terrific way to get going and find out what FanDuel has to offer. Incredibly competitive odds, one of the biggest selections of markets across all sports, fantastic user experience across the website and app, first-class live betting, a wide range of streaming options, plenty of customer service options. FanDuel really ticks all the boxes.

Although I would strongly recommend FanDuel to anyone who hasn't signed up yet, it's not to say that you cannot get more by looking elsewhere. For starters, there is a bucket load of other new customer offers to take advantage of. Once you've signed up to these other sportsbooks, you can also take advantage of the better value odds when FanDuel isn't quite on it with its pricing.

For more on the top online sportsbook, read our FanDuel review.

  • Avg. Payout: 94.41%
  • Payout speed: 1-5 days
  • Sign Up Bonus: Bet $5, Win $150 in Bonus Bets
Pros ✅Cons ❌
Innovative sports betting featuresBetter lines on major sports sometimes available elsewhere
Low initial wager for welcome bonusWelcome bonus not as high as others
Easy to use platformCustomer service can sometimes be a bit slow

DraftKings Sportsbook

$1,500 No Sweat Bet + No Sweat NBA SGP
If you lose your first bet, DraftKings will give you one bonus bet token equal to the amount of your losing wager, up to $1,500. If you win your first bet, you keep the winnings and do not receive a bonus. Must be 21+ years of age or older and physically located in the U.S(AZ, CO, CT, IA, IL, IN, KS, KY, LA (select parishes), MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WY or WV). New customers only. T&Cs apply.
USA USA players are accepted
No code required Claim bonus

DraftKings, like FanDuel, is one of the biggest names in the industry that is rooted in DFS. The company itself was founded in 2011 with DraftKings Sportsbook launching in 2019. Since then, it has been leading the way with legalized sports betting in the U.S. You will now find a sportsbook that offers a huge number of sports and markets to its customers, regular promotions that add to its fantastic welcome offer, lightning-fast live betting, and a well-designed and reliable app.

DraftKings has always been great with helping its customers and the sportsbook is no different. The response times are great, the support team is deeply knowledgeable and polite, and issues always seem to be resolved with minimal fuss. Like FanDuel, it's hard to find a reason for why you wouldn't sign up to DraftKings. The DraftKings promo code offer is currently a $1,500 No Sweat Bet reward. As always though, it pays to keep your options open and take advantage of the offers and services of its competitors as well.

Discover more about the platform via our in-depth DraftKings review.

  • Avg. Payout: 94.4%
  • Payout speed: 1-5 days
  • Sign Up Bonus: $1,500 No Sweat Bet + No Sweat NBA SGP
Pros ✅Cons ❌
Clear welcome offer that is easy to claimBetter prices sometimes available elsewhere
Fantastic customer support team and response timeNot as many existing customer offers as other sportsbook
Huge selection of sports and marketsWelcome bonus not as high as others


Up to $1,500 back in Bonus Bets
Place your first wager and receive up to $1,500 back in Bonus Bets if the bet loses. If the bet does lose, your Bonus Bets will be available once your initial wager is settled. Must be 21+ and located in the U.S. T&Cs apply. Please Gamble Responsibly!
USA USA players are accepted
Claim bonus

BetMGM offers competitive odds across many U.S. states and an extensive selection of sporting markets. With over 21 major sports, they offer pre-match and live betting, across hundreds of betting options. Customers can access an efficient and simple live betting feature for popular sports like American football, soccer, and basketball. BetMGM's customer support is available via phone, email, or live chat. Overall, BetMGM is a great option for sports betting.

BetMGM is a certainly one of the best online sportsbooks in the industry. It also has an extensive casino offering, including live dealers, as well as virtual betting. Registration is quick, easy, and new users can start betting with generous welcome bonuses. There is currently a fantastic $1,500 back in bonus bets promo available for new users who enter BetMGM bonus code ODDSBONUS during registration. This code can be used for the first deposit for both the casino and the sportsbook. Users on both Android and iOS can download the app and access promotions, bonuses, and many betting options.

For more expert insight, dig into our BetMGM review.

  • Avg. Payout: 93.59%
  • Payout speed: 1-5 days
  • Sign Up Bonus: Up to $1,500 back in Bonus Bets
Pros ✅Cons ❌
Competitive odds and lines in a variety of sportsFewer deposit and withdrawal methods than some other sportsbooks
Great live betting optionsApp can occasionally suffer from technical issues
Weekly promotions and bonusesCustomer service response times could be improved

Caesars Sportsbook

$1,000 First Bet on Caesars
If your wager is unsuccessful, Caesars Sportsbook will refund the full amount of your initial wager, up to a maximum of $1,000, back as one bonus bet. If your first wager wins, the offer is void. Must be 21+ years of age and physically present in the U.S. T&Cs apply.
USA USA players are accepted
Claim bonus

Caesars Sportsbook is synonymous with the world of betting in the United States. The well-established brand has used its experience and extensive customer base to refine and develop a top-quality sportsbook product. The Caesars Sportsbook promo code of OPBONUS1000 will unlock a fantastic $1,000 first bet offer. While the new customer offer will change from time to time, one thing that Caesars Sportsbook will guarantee is that its offer is hard to beat. 

As you'd expect, Caesars Sportsbook doesn't let its customer down with the quality of its product. Using the app is seamless, it's always easy to find what you're looking for. There is great odds value available across all the top betting markets, and there is a long list of options available for live streaming.

Scour our thorough Caesars review for more actionable intel.

  • Avg. Payout: 94.39%
  • Payout speed: 1-5 days
  • Sign Up Bonus: $1,000 First Bet on Caesars
Pros ✅Cons ❌
The best bet and get welcome offer aroundLive betting markets not as quick as some others
Large selection of sports and markets availableNot as many payment methods as other sportsbooks
Easy to use app with sleek designOdds value not as good on futures markets


Up to a $500 Second-chance Bet
Payout on Free Bet wagers includes profits only(stake not returned). Must be 21+ and physically present in U.S. T&Cs apply.
USA USA players are accepted
Claim bonus

BetRivers is a premier player in the world of online sports wagering and casinos, having earned its stripes among the other big brands through hefty investment in recent years to elevate the quality of its offering. The sportsbook offers fans a wide variety of options, ranging from traditional pre-match bets to the ever-popular live betting. If you're a fan of live betting, then you’re in for a treat as BetRivers offers plenty of games across the board and you can even refine your wager to better coincide with their updated odds.

New customers can currently take advantage of a generous $500 second-chance bet offer with the BetRivers bonus code ODDSPEDIA. That's only just the beginning though. BetRivers truly stands out for the way it looks after existing customers as well. Once you have signed up and made a deposit, you will automatically qualify for iRR rewards points to get additional offers, a $100 refer-a-friend program, and fantastic games like the $10,000 BetRivers Squares.

Get more top-tier analysis on the betting site via our BetRivers review.

  • Avg. Payout: 94.36%
  • Payout speed: 1-5 days
  • Sign Up Bonus: Up to a $500 Second-chance Bet
Pros ✅Cons ❌
Unrivalled for existing customer promotionsLack of live chat or phone support
Top notch security measuresNot as many payment methods as other sportsbooks
A user-friendly platform with a great designDoes not offer the same level of variety in terms of betting markets

Best new online sportsbooks

If you are on the look to try a new sportsbook out, then Oddspedia has the perfect list for you. Look below to find some of the best fresh bookies on the market.

Sportsbook Rating User rating Avg. Payout Payout speed Apps support Cashout Live stream Bet builder Bonus T&C More information
#1 Rated sportsbook
Bonus Offer Bet $100, Get $100 in Bonus Bets Every Day for 10 Days! T&Cs apply
Expert rating 4.7 / 5 User rating No reviews Payout speed $ 1-5 days

No code required

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Bonus Offer Up to $1,500 in Bonuses T&Cs apply
Expert rating 4.6 / 5 User rating No reviews Payout speed $ 3-7 days

No code required

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Live now: North Carolina sports betting

The North Carolina Lottery Commission reached a consensus, and legal online sports betting went live in the state on March 11, 2024 — just in time for the iconic March Madness NCAA tournament.

Up to 12 North Carolina sportsbooks can be granted licenses to operate in the Tar Heel State. Eight have received approval thus far and are now taking wagers: bet365, BetMGM, Caesars Sportsbook, DraftKings, ESPN BET, Fanatics, FanDuel, and Underdog Sports. 

With the post-launch period in full swing, each operator has unveiled limited-time North Carolina sportsbook promos for eager bettors. The top options currently available come from DraftKings and FanDuel — two of the most anticipated North Carolina betting apps.

How to choose a reputable betting site

Trust and security: Is the sportsbook safe?

When choosing a betting site in the United States, trust and security play a critical role. As an experienced bettor, I have witnessed firsthand how a compromised platform can devastate the enjoyment of betting. It is crucial to select a site that implements strong encryption measures and complies with regulatory requirements, as this not only safeguards your funds but also protects your personal information.

You can be confident that any betting site mentioned in this group of the top U.S. sportsbooks, as well as any other article on Oddspedia, has met the top standards in terms of trust and security, assuring you a safe and dependable betting experience.

Mobile app: Is it reliable and easy to use?

As is the case with many parts of life nowadays, having a service delivered through an app makes things a lot more convenient as a customer. This is the case with betting as the ability to place bets, monitor odds, and make deposits or withdrawals on-the-go is such a game changer. I would never bet with a sportsbook that didn't have a user-friendly and responsive app. Navigation, reliability, speed, and a product that mirrors the desktop offering. These are all crucial factors that I look for in a good app.

What I find is the best way to know if a sportsbook's app works for you is to download it and try it for yourself, Oddspedia's article on the best sports betting apps does have plenty of great analysis that will give you the information you need.

Odds: Are you getting value from your wagers?

The importance of odds cannot be overstated when selecting a sportsbook in the U.S. Seasoned bettors recognize that superior odds lead to greater returns in the long run. While slight variations may appear insignificant for individual bets, they accumulate over numerous wagers, resulting in a notable difference. You can measure this by looking at the margin a bookmaker applies to its odds, which is sometimes called the "vig" or "juice."

The sportsbook's margin is the cut taken by the sportsbook by providing odds that are greater than 100% in implied probability. Anything above 100% is the margin. A lower margin means better odds for bettors. Therefore, by selecting a sportsbook with competitive odds and lower margin, you increase your chance of making a long-term profit.

The easiest way to think of this is with betting on a coin toss. The fairest odds you could get with this bet is 50% (+100) for heads and 50% (+100) for tails. However, eventually that would always work out to an even payout and no profit for the sportsbook offering the odds. That's why you are more likely to see odds of -120 for heads (54.5%) and -120 for tails (54.5%). This gives a total of 109% which is a 9% margin for the sportsbook.

Fortunately, Oddspedia does all this work for you with its Odds Fairness Rating to give average payouts for each bookmaker. You can view this for overall odds value, but also for specific sports so you know which sportsbook has the best NFL odds, NBA odds, MLB odds, and much more.

Market coverage: Are there a lot of options to choose from?

It doesn't matter if you're betting for fun or looking for an edge to try and make consistent profits from sports betting, having access to a diverse betting market is crucial when choosing a U.S. sportsbook. If you're a complete novice, having the freedom to choose what you want to bet on to add a bit more excitement to the games you are watching is vital.

Experienced bettors will place more value on the flexibility and variety offered by a vast array of markets, as it allows them to leverage their knowledge across different sports and bet types. A wider selection ensures opportunities to find value bets, exploit niche markets, or diversify betting strategies.

I think a sportsbook that clearly shows it can cater to all tastes and offer a wide range of markets deserves a lot of credit. It can be hard to manage all these markets and odds across so many different sports, and some of them won't make the sportsbook a great deal of money.

Banking: How easy is it to get money in and our of your account?

I can tell you firsthand that having an efficient means to get money in and out of your betting account is so valuable. It may seem strange in such a modern age, but some sportsbooks are still lacking when it comes to the number of banking methods they provide, and how quickly deposits and withdrawals are processed.

At the very minimum, I look for sportsbooks that offer the most popular banking methods. Visa, MasterCard, PayPal, Venmo, PayNearMe, Skrill. These are just the basics. Depending on how much and how often you bet, it's also worth looking at the limits that sportsbooks apply to payment methods. The minimums are fairly low for most bettors who only want to wager $5 or $10. However, if you're looking to bet with $1000s, then it's worth looking in more detail at your options at each sportsbook before signing up.

Bonuses: Does the sportsbook look after its customers?

For me, and I'm sure many others, bonuses play a massive part in choosing from the list of best U.S. betting sites. New customer bonuses provide immediate value, as it gives you insurance or bonus bets to add to your bankroll right from the start. Meanwhile, bonuses for existing customers incentivize loyalty by offering you continuous value. This could be through odds boosts, additional bonus bets and insurance bets, a sportsbook referral bonus, or free games to win prizes.

These rewards not only offer potential financial advantages but also create opportunities for you to explore new markets or place wagers that you might have otherwise overlooked. I'm not a huge baseball bettor for example, but I've found myself really enjoying FanDuel's Dinger Tuesday promotion and watching games hoping for home runs. You can read more from Oddspedia to learn more about the other promotions the FanDuel promo code will unlock or find out who offers the best sportsbook promos.

Live betting: What if you want to bet after a game has started?

Live betting has become increasingly popular in recent years, thanks in part to the work sportsbooks have put in to develop the live betting product. As such, it’s a key factor in evaluating how good a sportsbook's overall offering is. Although most sportsbooks have live betting, only the top sports betting sites deliver a quality experience.

From my perspective, it comes down to two key components of the app: functionality and user experience. For both novice and experienced bettors, speed and responsiveness are paramount; lag or glitches can result in missed opportunities, and just general frustrations with time sensitive wagers. An intuitive interface is crucial, it makes it easier to navigate and place bets.

The depth of betting options and the variety of available sports events elevate a live betting platform, while real-time statistics and visual aids, such as live streaming, will also add even more to the live betting experience. If you look at some of the best betting apps in the U.S., you will notice the common theme that all of them have a remarkably similar offering, design, and levels performance compared to the desktop version.

How we rate online sportsbooks

Oddspedia can provide valuable insights on the best betting sites thanks to the wealth of data at its disposal, and its experience within the industry. Every sports betting site featured on Oddspedia has gone through rigorous analysis, including expert reviews, and real customer feedback.

In addition to all the factors mentioned in this article, the team at Oddspedia will continuously monitor sportsbooks for any changes in its promotions, odds, market offering, and much more. The key to being a trusted source for the best sports betting sites is consistent application of the review process, working with people who can give additional insights, and perspective.

How to sign up to betting sites: How to get an account and start betting

1. Choose the best betting site

Once you have read this article, you will have enough information to know for sure which is the best betting site for your needs. You can then select that option (or options) and begin the sign-up process.

2. Create your account

Once you land on the homepage of a betting site or app, you will usually find the "Sign Up" or "Join" button in the top right hand corner of the page. You will initially be asked to select which state you live in, and it will open a registration form that can be completed as follows.

  1. Enter your personal details such as name, email address and date of birth.
  2. Provide some additional information for verification purposes like your address, contact number, job title and social security number
  3. Enter the promo code or bonus code to get your new customer offer (if required). All of this information can be found in Oddspedia's article on the best sportsbook promos.
  4. Fill in any final required fields - usually a password and opting in or out of marketing communications and hit the confirm button.
  5. That's it! You'll now have an account and be ready to add funds and start placing wagers.

3. Make your first deposit

Depositing funds with your chosen sportsbook should be straightforward. Once you have signed up, you will usually have to deposit to claim your new customer offer. To do this, you can either select the "Deposit" button in the top right-hand corner, or head to the banking section in your account. Both will take you to the next step.

You will then be shown a range of banking methods that the sportsbook offers. Most betting sites will have the likes of Visa, MasterCard, PayPal, but the ones featured in Oddspedia's list of the best U.S. sportsbooks will offer plenty more.

Once you have chosen your preferred method, you can then enter the amount you want to deposit and hit confirm. Provided all your details are correct, the funds should be in your account within a matter of seconds.

4. Place your first wager

So, you've chosen your sportsbook, you've created your account, and made your first deposit. You're now ready to make that exciting step of placing your first wager. Different sportsbooks will have slightly different menus and navigation around the site or app that will also vary a bit depending on who you bet with. However, the act of placing a wager is very much the same no matter where you want to bet.

Select a market directly from the sportsbook's homepage or navigate through the sport, league, or competition you want to bet. Once you have found what you want to bet on, you can simply click to add the odds to your bet slip.

If you are happy with the selection (or selections) in your bet slip, you can enter the amount you want to place on the wager. Then click confirm and the bet will be processed right away. That's it, that's your first wager with your new sportsbook placed!

5. Withdraw your winnings

Now, as much as I love watching sports and the excitement that comes with watching bets unfold, you cannot beat the feeling of hitting the "Withdraw" button after you've hit a win. This, much like getting funds into your account, is amazingly easy to do.

If you have funds in your account, regardless of whether they are from a deposit that you haven't spent or a winning wager, you are free to withdraw them whenever you like (providing they aren't bonus bets or funds specifically relating to an ongoing promotion). All you must do is head to the banking section in your account. You can select the method you wish to use to withdraw (it's normally the same one you used to deposit). Enter the amount you wish to withdraw, confirm the withdrawals, and that's all there is to it.

It's important to note here that depending on your chosen method, withdrawals can take a bit longer to hit your bank account compared to how quickly they left as a deposit. Most sportsbooks process the withdrawal within a few minutes, but sometimes your bank can take a bit longer to process these funds and add them to your balance. This was news to me when I first started betting, so I'd advise you to be prepared for a weeklong wait to properly access your funds. It will be quicker but if you set that expectation, you won't end up disappointed.

How To Sign Up With A Sportsbook

Everything You Need To Know In 5 Easy Steps!

Visit The Bookmaker

Use the "Register Here" button in the header of this Oddspedia Operator Review Page to go to the bookmaker's site.

Start The Registration Process

Locate the "Create Account/Sign Up/Register” button on the home page and click on it.

Input Valid Information

Complete the registration form by inputting valid information such as Name, DOB, E-mail etc.*It is critical to use valid info for verification procedures for the account setup and withdrawing funds at a later date

Verify Your Account

Wait for the email validation and take the designated action.

Login To Your Account

Return to the site and log in with the username and password you stated in the sign-up process. You are now ready to start your betting journey.

States where you can bet legally on sports

There are so many online sports betting sites available in the U.S. that bettors may sometimes feel spoiled for choices. One thing that does reduce the number of options is which state you bet in. Any sports betting site has to acquire a state specific license to be able to operate in that state. These can be difficult to obtain and will cost a lot of money. Therefore, while there may be an extensive list of legal sports betting sites in the U.S., this list could be much shorter (or not exist) depending on where you live.

Below is a list of states that allow legal online betting, and how many online betting sites operate in that state.

StateOnline sports bettingNumber of sportsbooks
New HampshireNo1
New JerseyYes21
New MexicoNoNA
New YorkYes8
North CarolinaYes8
North DakotaNoNA
Rhode IslandYes1
South CarolinaNoNA
South DakotaNoNA
Washington D.C.Yes1
West VirginiaYes9

Betting site promos

Online sports betting bonuses are now very much expected, as most sports betting sites will offer some form of promotion to new and existing customers. When many of them are so closely matched in terms of the odds-on offer or the user experience, solid offers and promotions is the easiest way for the best online betting sites to stand out.

Deposit bonuses

A deposit match sportsbook bonus used to be one of the most common promotional incentives offered by sportsbooks to attract customers. When you sign up and deposit a certain amount into your betting account, the sportsbook matches that amount, either partially or fully, as a bonus. So, if you deposit $100 with a 100% match, you'd receive an extra $100 to bet with.

There are often wagering requirements attached, meaning you must bet the bonus amount several times over before it can be withdrawn. Or meet a minimum odds requirement for the bets that you place with your bonus funds (to stop people betting through their bonus funds at odds of -10,000 so they can withdraw it quicker).

You will still see deposit match bonuses available in the U.S., but these have largely been replaced with some of the other betting site promos listed below.

Bonus bets

Bonus bets (sometimes called bet credits) have quickly become one of the most popular types of promotions offered by sportsbooks. These can be offered as a new customer offer, or as a reward for loyalty. They are simply just bets worth anywhere between $5 and $50 (sometimes multiple $50 bonus bets) that are added to your account for you to wager on whatever you like.

Bonus bets work the same as any normal wager. One major difference is the money you are betting with is credit, so the stake amount isn't actually your money. This means that instead of getting a payout of your stake, plus the profit like you would in a normal wager, you only get the profit when using bonus bets. Depending on the sportsbook, there may also be a minimum odds requirement to use your bonus bets.

Bet credits

As mentioned above, bet credits are like bonus bets. In most cases, they are the same thing and just a matter of preference for the term used by a sportsbook. As the name suggests, they function as credit on your account. This is money that you haven't deposited that you can use to place wagers and take back any profit that you make.

While it’s safe to assume that bonus bets and bet credits are different terms to describe the same thing, it’s still always worth checking the terms and conditions connected to the bonus bets or bet credits so you clearly understand what they are and how they can be used.

Second chance

A second chance bet, sometimes called an insurance bet, is when a sportsbook gives you a "second chance" at winning a wager. These promotions will usually rely on your first wager not winning to claim the bonus. Once your wager has settled as lost, the sportsbook will then match the initial stake (up to a certain amount) and credit it back to your account so you can bet on something else.

BetRivers is currently running a second-chance bet that you can access with Oddspedia's BetRivers bonus code ODDSPEDIA. Using this code when signing up means your first wager, up to $500, is covered if it doesn't win. BetRivers will refund the total stake amount (up to $500) back as bonus bets.

Reload bonuses

Reload bonuses are like deposit match offers, except they are for customers that already have an account with a sportsbook. This is because they aren't applied to your first deposit, but when you "reload" your account after the funds from your first deposit have gone.

The size and frequency of the reload bonus will depend on how often and how much you bet with a specific betting site. The aim is to reward loyalty so the more you bet, the more you will get out of your reload bonuses. They tend to be a percentage figure of deposits into your account (often around 10-20%) but you can get reload bonuses up to 100%.

Best betting sites for Euro 2024

If you're seeking top sportsbooks with the best Euro 2024 odds, Oddspedia has you covered. This major summer sporting event has captured everyone's attention, including all major US sportsbooks. They typically provide a wide range of markets and special bonuses for the key matches given the magnitude of the tournament.

On our site, you can follow the Euro 2024 results in real time and identify which betting site offers the best odds for each game. If you're uncertain about which team to bet on, you can consult our Euro 2024 predictions for better-informed decisions.

Remember, this is the biggest event of the year, so all sportsbooks will roll out attractive offers and strive to provide excellent service for Euro 2024 in Germany.

Best betting sites for the Copa America 2024

During June and July, the United States will host the Copa America 2024, a unique tournament that showcases the best teams from CONCACAF and CONMEBOL. At Oddspedia, you can find the best odds for Copa America, along with detailed information on favorites and odds for each match and market.

Sportsbooks will provide special bonuses for this major event and will feature an extensive array of markets with improved odds. Additionally, Oddspedia offers real-time updates on match results and market trends throughout the Copa America.

And if you have doubts about which team to support, you can consult our Copa America predictions before going to your favorite sportsbook. Don't miss the event of the year.

Best betting sites by sport



The NFL has become synonymous with legal online sports betting in the U.S., with the Super Bowl being one of the biggest sports betting events around the world. Given there is such a high interest in NFL betting, it's important to know which is the best sports betting site for that specific league.

You will find all the information you need to answer this question in Oddspedia's list of the best football betting sites. This looks at NFL specific promotions (including the best Super Bowl betting promos), the competitiveness of odds across NFL markets, the range of betting options for the NFL and much, much more.

Best sportsbook for NFL:
  • Rating:
  • Payout: 95.9%
  • $105 on Fred
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Unsurprisingly, NBA betting is also incredibly popular in the U.S. All the best sports betting sites will offer odds on every NBA game throughout the season, with a range of markets available beyond the spread, total, and money line. But that's not enough nowadays. Oddspedia's list of the best NBA betting sites looks in detail about bonuses you can earn through betting on the NBA, the quality of live NBA betting products, how much value there is in the NBA odds, and plenty more.

Best sportsbook for NBA:
  • Rating:
  • Payout: 95.66%
  • First Bet Safety Net up to $1000
Visit Site


If you're looking for the best MLB betting sites, then Oddspedia has you covered. Much like the NFL and NBA, Oddspedia has worked with experienced MLB bettors to analyze every aspect of different sportsbooks' offering through a baseball lens. This includes how quick lines are posted or updated for a team's next game after they have played, the depth of prop markets for specific games, any special MLB offers, as well as a lot more.

Best sportsbook for MLB:
  • Rating:
  • Payout: 95.9%
  • Bet $5, Win $150 in Bonus Bets
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A sportsbook will never be considered one of the top sportsbooks if they don't provide an NHL offering that matches up to what the U.S. audience expects. Similarly, to other core sports across North America, I'd be looking for a low margin on both pre-game and live NHL markets, a wide selection of markets to bet on, great promos for both a new and existing customer to use when betting on NHL as merely a starting point.

If you read Oddspedia's article on the best NHL betting sites you will see which online sportsbooks match up to the extensive criteria that have been developed specifically for NHL bettors.

Best sportsbook for NHL:
  • Rating:
  • Payout: 94.2%
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College Football

College football

One of the nuances of legalized online sports betting in the U.S. means that some states don't allow betting on certain college teams or market types. Some states, like Oregon, do not allow betting on college sports at all. Despite this, there is a long list of online sportsbooks that offer a top-quality college football betting experience.

Oddspedia has worked with NCAAF experts to put together a list of the best college football betting sites. This list will provide a definitive answer to which is the best option for sports bettors looking to get involved in the college football action.

Best sportsbook for College Football:
  • Rating:
  • Payout: 95.5%
  • First Bet Safety Net up to $1000
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College Basketball

College basketball

College basketball is like college football in the sense that while nearly all legal sports betting sites will offer markets and odds, you might be restricted on betting opportunities depending on the state you live in. The NCAA tournament is the biggest time of the year for college basketball, and the best March Madness betting sites have you covered for all your wagering needs.

March Madness is up there with the Super Bowl in terms of the biggest sports betting events, but there is plenty of interest in NCAAB betting throughout the season.

Oddspedia's experts have made special considerations for what sports bettors are looking for in a good sportsbook for March Madness. This includes how good the futures odds are, and the number of options for prop bets during each game. Our team have also looked at the best sports betting promotions for college basketball in general, to ensure the list of the best college basketball betting sites is as comprehensive as possible.

Best sportsbook for College Basketball:
  • Rating:
  • Payout: 95.4%
  • $1,000 First Bet on Caesars
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Soccer is becoming increasingly popular in the U.S., thanks in part to the likes of Lionel Messi making it over to the MLS. While it's gaining more fans in the stadium, soccer is seeing more action across the top sports betting sites as well. With so much attention on the NFL, NBA, MLB and other big leagues, some sportsbooks may have dropped the ball with soccer. That's why Oddspedia has created a list of the best soccer betting sites to ensure you know who is worth signing up with if you want to bet on the Premier League, La Liga, or any major soccer competition around the world.

Best sportsbook for Soccer:
  • Rating:
  • Payout: 94.46%
  • Up to a $500 Second-chance Bet
Visit Site

Payment methods

One thing any good legal sports betting site must provide is payment methods. If customers struggle to get money into their accounts, the sportsbook isn't going to stay in business for very long. What separates the best betting sites from other options out there is the range of payment methods they make available.

As a customer, I want the freedom of choice and I'm sure that's the same for a lot of people reading this. Equally, the options that are offered should have a low minimum and high maximum limit for depositing or withdrawing funds. I've provided a list below of what I consider to be must have options for depositing and withdrawing funds at an online betting site.

Visa and MasterCard

Visa and MasterCard have been around for more than most payment methods in the world of legal sports betting. These are two of the most trusted payment methods, and they have low minimum and high maximum limits across most online sportsbooks. Although deposits are processed instantly, one of the common complaints with Visa and MasterCard is the fact that withdrawals can take up to five banking days to get back to your bank account.

I personally don't find the wait too much of a frustration with Visa and MasterCard, especially when it's something I've dealt with for most of the time I've spent betting. I see it as the price you pay for using such established and secure payment methods.


PayPal is up there as one of the most popular payment methods for online betting. That is primarily because of the quick processing times. If you want to withdraw your winnings from your online sportsbook account, you can expect them to be available in PayPal less than 24 hours after the withdrawal has been processed.

One potential downside, depending on how often you bet and how successful you are, is the maximum withdrawal limits for most betting sites. I’m used to seeing a max limit of $10,000 on PayPal withdrawals, compared to over $30,000 for other options. This will only impact a small minority of sports bettors but it's still worth calling out.

American Express

Anyone who's been part of legal sports betting in the U.S. for a while will know of the struggles with American Express. It's an extremely popular option but it's taken some time to become more widely available. However, you are now able to deposit and withdraw at most online betting sites. You can even earn the loyalty points for your transactions with online sportsbooks.

Apple Pay

Apple Pay wasn't even a thing when I started betting so it's quite interesting to see how it's developed and grown in popularity in recent years. Obviously, the main benefit here is convenience. You don't need your wallet or need to remember any bank details. You can deposit funds instantly on your phone. Apple Pay is not as widely accepted as some of the other methods mentioned here, but many best sports betting sites will provide it with similar limits to PayPal.


Venmo, which is owned by PayPal, is another payment method that has seen an increase in popularity due to the ease and speed of transactions. It has strong security measures that will give you piece of mind (it wouldn't be allowed for legal online betting if it weren’t secure), and the limits are suitable for many sports bettors. The only downside of using Venmo is that a small number of online sportsbooks offer it as a payment method, even many of the best sports betting sites I've used.

How to bet on sports online

Understanding why a certain sportsbook is one of the best betting sites and worth signing up to is one thing, knowing what to do once you've signed up is a whole other story. Sport betting can be fun regardless of your level of experience, however, there are some basics that you need to understand to get the most out of it. I've broken down some of the main bet types below so when it comes to placing your first wager, you know what's going on.


The moneyline is probably the easiest type of sports bet you can make. With this type of wager, you are simply betting on who you think will win the game. If there is a game between the Kansas City Chiefs and the Buffalo Bills, and you take the Chiefs on the moneyline, they need to win the game for your wager to win. It doesn't matter how much they win by, if they win the game, you will win your wager.


The spread is a little bit more complicated than the moneyline and often used by bettors to get better odds when betting on things like the NFL and NBA. This is because the spread adds a hypothetical points difference to both teams (one with a negative and the other with the corresponding points as a positive). So, to use the example above, this could look something like:

  • Kansas City Chiefs - 6
  • Buffalo Bills +6

If you were to bet the Chiefs on the spread here, you would need them to win by more than six points (covering the hypothetical difference) for your wager to win. If you bet on the team that starts with the extra points (the Bills in this case), then they need to lose by less than six points or win the game. If the team you bet on does win, they will have "covered the spread". If the final points difference lands exactly on the spread number (6 in this example), it is called a "push”, and you will get your stake back.

Totals (Over/Under)

The total is one type of bet that isn't connected to who wins the game. This is because when betting on the total (sometimes called Over/Under), you are betting on the total number of points that will be scored by both teams. Continuing with the above example. The total for the Kansas City Chiefs and Buffalo Bills game might be posted at 48.5. If you bet the Over, you need both teams to combine for over 48.5 points (49 or more). If you bet the Under, you need less than 48.5 points (48 or fewer). Sometimes the total will be a round number like 48. This is where a push comes into play again, if the combine score lands on 48 you will get your stake back.


A prop bet, short for proposition bet, is a wager on specific events or individual player milestones that don't directly affect the game's outcome. In an NFL context, an example would be betting on whether a particular quarterback will throw for Over or Under 250 yards in a game, or if a specific wide receiver will score a touchdown. These bets focus on individual achievements or game occurrences, rather than the overall winner or point spread.


A parlay bet involves combining multiple individual bets into one wager, offering a larger payout than if each bet was placed separately and the same amount was staked in total. If one selection (sometimes called a "leg") loses, the entire parlay is lost. This type of bet is becoming increasingly popular due to it being low risk and high reward. However, the more selections you add to a parlay and the higher the returns get, the less likely it is to win.

In the NFL, imagine you believe the New England Patriots (-110) will beat the New York Jets and the Green Bay Packers (-110) will beat the Chicago Bears. A successful $100 parlay on both would not be a simple sum of the individual winnings.

Instead, you'd first calculate each bet's potential payout: $100 x (1/1.10) = $90.91. Now, use that as the stake for the next: $190.91 x (1/1.10) = $173.56. Total potential return: $273.56. This combined payout is greater than betting on each separately as you would place $50 on each (the same $100 total stake) at -110. Each wager would win $95.45 for a total of $190.9 ($82.66 less than the parlay bet).

In addition to combining bets across different sports, you can also place same game parlays. These, as the name suggests, are the same as parlays but they are comprised of events that take place within the same game. You could, for example, bet on Tua Tagovailoa to throw over a certain number of yards, Tyreek Hill to score the first touchdown in the game, and Eli Apple to make an interception in the same game. These same game parlays are one of the most popular bets amongst recreational sports bettors, but many serious bettors would advise against them due to how hard these types of events can be to predict.

Benefits of using online betting sites vs. retail

There are many reasons why you might choose to bet online instead of at a sportsbook's physical location. The most obvious one that I'm sure we can all relate to is how easy and comfortable it is to bet on your laptop or betting app compared to making the journey to the nearest sportsbook. If you want to place a wager or think you got some good info that could provide some value, it's so much easier to open your laptop or get your phone out and place that bet instead of having to get ready to leave the house and then drive or walk to a physical location. Before we forget, you have to make sure the sportsbook is open as well!

This ease and comfort are magnified when it comes to live betting. I have to say, some of the retail experiences are incredible for watching a game. All the screens you can imagine, any food and drink that you want, a great atmosphere with other fans and bettors going crazy. That said, if you want minimal distractions and prefer being a bit more chill when watching your wagers unfold, then staying at home is going to be the preferred option.

It's also more difficult to take advantage of some of the additional features and promos that become available on a betting app. The sportsbook has a better handle on your activity and how much of a loyal customer you are when it's online. That's why you get those extra bonus bets, or a parlay boost you might not have been expecting. Although sportsbooks do have special retail promotions, they don't match up to what you get online.

I do find myself in a retail sportsbook every now and again and I'm not for one second saying I don't enjoy it. It's just that everything online is so much more hassle-free. I'm not waiting in queues. I have complete freedom to place the wager I want, whenever I want. I also get plenty of surprise promos or use the online specials that just aren't as frequent when you're in a retail location.

Best online sportsbooks FAQs

Is online sports betting legal in U.S.?

Yes, online sports betting is currently legal in 28 states with regulatory processes already initiated in many more. The rules are nuanced within each state in terms of what you can bet on and who you can bet with, but all 28 states offer some form of legalized online sports betting.

What are the best online sportsbooks in the U.S.?

The best sportsbook can be subjective and based on your individual needs. However, there are numerous established brands in the U.S. that have developed a reputation for offering a great betting product that caters to all types of bettors. These include DraftKings, FanDuel, BetMGM, Caesars Sportsbook, BetRivers and bet365.

Can I bet on sports from my mobile device?

Yes, you can bet on sports from a mobile device in the U.S., but it depends on what state you are in. The likes of New York, Michigan and Maryland have legalized mobile sports betting. While states like Texas, California and Florida still don't allow mobile sports betting.

Are there any sports that I can't bet on in the U.S.?

Even when online sports betting is legal in a state, there will still be restrictions for betting on certain events. Many states do not permit betting on events in the Olympics where judges determine the outcome, or sports where the outcome is already known (like wrestling), or sports that involving the college teams from that state.

What should I look for when choosing a U.S. sportsbook?

If you consider yourself more of a recreational bettor then things like trust, bonuses, user experience, app performance, and customer service are the key things you need to look for when choosing a U.S. sportsbook. If you are more serious about betting then the quality of odds-on offer, the availability of niche sports or leagues, and the depth of the market offering are also important things to consider.

How do sportsbooks determine their odds?

The initial odds posted by a sportsbook will likely come from its own trading team, copying from another sportsbook or an external odds provider servicing the platform. Once these odds are live, the activity in the market will then make the odds fluctuate. Sportsbooks will often move odds to reduce liability, so if they have a lot of money on one side, they will increase the odds on the other to attract more action.

How do I deposit or withdraw money from U.S. betting sites?

Most sportsbooks that are licenced in the U.S. will offer the most popular payment methods like Visa, MasterCard, and PayPal. You can then visit the banking section of your account, once you select deposit or withdraw, you choose your preferred method and enter the amount you want to deposit or withdraw. Once confirmed, deposits are usually processed instantly while withdrawals can take anywhere between a couple of hours to five banking days to hit your bank account.

How do sportsbooks make money?

Sportsbooks will apply a margin, sometimes known as the "vig" or "juice", to the odds that customers bet with. This is a tax where the implied probability of the odds provided is above 100% so if the sportsbook takes similar action on either side, overall, it will return a consistent profit. It's like offering odds on a coin toss with heads at 55% and tails at 55%.

Which online sportsbook pays the fastest?

All the big-name sportsbooks in the U.S. like DraftKings, FanDuel, BetMGM, Caesars Sportsbook, BetRivers and bet365 have fast payouts. Wagers are settled within minutes of an event finishing (unless there is a point of contention). You can then process a withdrawal instantly, depending on your preferred payment method, the funds will be back in your account within minutes. In terms of the fastest processing times, PayPal is the most popular payment method at these sportsbooks.

How do I know if a sportsbook is fair and not rigged?

Any online sports betting site that gets a licence to operate in the U.S. must pass all manner of requirements, a lot of which pertains to integrity and ensuring customers are treated fairly. If you are placing wagers with a sportsbook that offers legal sports betting, it is safe to assume it is fair and not rigged.

Can sportsbooks ban you for winning?

A sportsbook does have the power to limit or ban any customer from using its services. Many sports bettors have claimed this has happened from just winning, but it is important to always get the full picture. Sportsbooks do not allow "bonus abuse" or using multiple promotions to guarantee a profit, and this is often the reason many customers are restricted or banned.

Chris Cochran
Betting Analyst
Chris is a sports betting expert who has dedicated years to understanding how sportsbooks operate and mastering strategies to outsmart the markets. Alongside his own achievements in betting, he has taken up the role of creating informative materials for his followers on platforms like YouTube and Twitter. Being a massive fan of the NBA, NFL, and MLB, he relishes the excitement that sports betting adds to the games. However, he is fully aware of the rigorous effort needed to build his expertise and stay abreast of market trends, all in the pursuit of maintaining a steady profit.
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