Looking for the top online sports betting sites? It's all about trust, user experience, and great service. Don't waste time searching; I've got you covered! With years of experience and tons of data from Oddspedia, here's the ultimate list of the best US online sportsbooks. Buckle up.
THE TOP 10 BEST ONLINE SPORTSBOOKS FOR 2023:
- The most renowned bookmaker with over 35 million users worldwide
- Special Promotions for Chosen Games from the Premier League
- Free Live Streaming with Unibet TV
THE TOP 10 BEST RATED US SPORTSBOOKS in September 2023
If the player's Qualifying Wager is graded as a Loss by Caesars, the Participant will earn a one-time Bonus Bet token equal to the lessor of (1) the full value of the Qualifying Wager or (2) $1,000 (the “Bonus Bet”). Must be 21+ years of age and physically present in the U.S. T&Cs apply.
DraftKings awards $200 in bonus bets regardless of the outcome of your qualifying wager. Bonus comes as eight (8) $25 bonus bets. An additional $150 is available when you wager a maximum of $50 on an NFL game day. If the bet loses, you'll receive a 'no sweat token' equal to the wager amount. Bonus bet amounts are not included in winnings derived from bonus bets. Must be 21+ and located in the U.S. T&Cs apply.
No matter if your bet wins or lose! Available to new 21+ customers, physically located in the U.S., who place a qualifying bet of $1 using their deposited funds. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.
To claim, new users need to register, make a first-time deposit, and then simply place their first real-money wager on any FanDuel Sportsbook market that is live on platform. Must be 21+ and physically present in the U.S. T&C apply.
(8 of 25)
$250 BACK IN BONUS BETS
Opt-in may be required. Bonus bet funds are not the same as cash, must be used in the Sportsbook, and are subject to restrictions. Must be 21+yo and a resident of the US. T&Cs apply.
Must be 21+ and present in U.S. Beta testers only. Qualifying wager must be placed before July 14s, 2023 to be eligible for promotion. Bonus bet will be credited within 72 hours of qualifying wager. T&Cs apply.
Make your first cash bet of $10 or more. If your bet does not win, you will receive a refund in bonus money equal to the amount of your losing wager. Must be 21+ and physically be in the US. T&Cs apply.
$125 will be rewarded as 5 x $25 bonuses within 28 days. Bonus Bets must be wagered once. Bonus Bets amount is not included in any returns or winnings. Must be 21+ and a resident of the US. T&Cs apply.
New customers only. Applies to the first 10 fixed odds bets made following registration(one in each of the first 10 days of betting). The initial wager can be any amount, but the sportsbook will only reimburse up to $100 for each losing wager. Must be 21+ years of age and U.S. resident. T&Cs apply.
This offer is valid for new US registered customers of WatchandWager only, who are at least 21 years old and who are registering from the US. T&Cs apply.
Get Up To $1,111 in Fred Bets
Place a bet of at least $50 with odds less than 4.00. Betfred will then issue you a $111 Fred Bet upon settlement of the bet. You will receive a 50% money back bonus on combined net losses per week — to a maximum of $200 in Fred Bets per week — for five consecutive calendar weeks. It is important to remember that Fred Bets cannot be withdrawn as real cash. Must be 21+ and located in the US. T&Cs apply.
Since legalized sports betting came to the United States, the options available to bettors have continued to increase. You can now legally bet in over 30 different states, and you can have upwards of 20 betting sites offering their services. The task of putting together the list of the best US sportsbooks has certainly been a challenge. One that has required almost 50 hours of personal research and collaborating with real bettors to collect feedback, plus the time working through all the data Oddspedia has collected on the legal betting sites to produce a definitive answer.
Before we get into this list of the best US betting sites, I think it's worthwhile giving a bit of an explanation into the process of how the results were determined. Firstly, every available sportsbook has been evaluated with feedback coming from individual customers, ranging from complete novices to individuals who have been betting on sports for over 20 years.
Safety first! We made sure that every sportsbook on this list got the green light for being 100% safe and secure. However, we didn't just stop there. We put each sportsbook to the test, checking out their app, desktop experience, the quality of their odds, the perks and promotions they offer, and how many betting options they have. Plus, we wanted to know if putting in and taking out money was easy. There's a lot to unpack here, so keep reading to see who's on our top list of online betting sites!
More than anything else, you need to make sure that you are legally allowed to bet with a sportsbook before trying to sign up and place a wager. Betting companies will have to go through a meticulous and rigorous process before being granted a licence to offer its services to customers in a particular state. This process can differ per state, as can the financial opportunity available to sportsbooks due to state-level taxation laws. That's why the best legal US sportsbooks can differ, depending on where you are trying to place a wager from.
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 less. This makes it difficult to conclusive determine which is among the best legal US 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.
If you've spent any time researching sports betting, it will come as no surprise to see some of the biggest names featured amongst the most trusted betting sites. What I need to make clear is that these sportsbooks are not here based on reputation alone. They have passed every test thrown at them with flying colors.
In the interest of fairness and transparency, I have included clear reasoning below as to why they top the list of the best betting sites. This also features some of the pitfalls and areas of improvement for each of the sportsbooks. They might be the clear winners, but none of them are perfect. They do, however, dominate in all the criteria I outlined above. Each of them also excels in a particular area, and I have highlighted why below.
FanDuel has to top the list for its all-round experience. It is hard to pick a fault with this sportsbook and there is a clear reason it’s one of the most popular choices for bettors in the US. A fantastic Bet $5 Get $200 in Bonus Bets welcome offer (with no need for a FanDuel promo code) is a terrific way to get going and finding 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.
Innovative sports betting features
Better lines on major sports sometimes available elsewhere
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 US. 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 are deeply knowledgeable and polite, and issues always seem to be resolved with minimal fuss. Similarly, to FanDuel, it's hard to find a reason for why you wouldn't sign up to DraftKings. The DraftKings promo code is currently its Bet $5 Get $200 in Bonus Bets offer. As always though, it pays to keep your options open and take advantage of the offers and services of its competitors as well.
Clear welcome offer that is easy to claim
Better prices sometimes available elsewhere
Fantastic customer support team and response time
Not as many existing customer offers as other sportsbook
BetMGM offers competitive odds across many US 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 with the BetMGM bonus codeODDSBONUS. 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 the promotions, bonuses, and many betting options.
Competitive odds and lines in a variety of sports
Fewer deposit and withdrawal methods than some other sportsbooks
Sign-up promo: $1,500 Back in Bonus Bets when using code ODDSBONUS
Payout speed: 2 - 8 days
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 $1000 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.
Sign-up promo: $1000 first bet offer using code OPBONUS1000
Payout speed: 1 - 5 days
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 codeODDSPEDIA. 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.
Unrivalled for existing customer promotions
Lack of live chat or phone support
Top notch security measures
Not as many payment methods as other sportsbooks
A user-friendly platform with a great design
Does not offer the same level of variety in terms of betting markets
Must be 21+ and present in U.S. Beta testers only. Qualifying wager must be placed before July 14s, 2023 to be eligible for promotion. Bonus bet will be credited within 72 hours of qualifying wager. T&Cs apply.
Trust and security are paramount when selecting a betting site in the US. As someone who has been betting for a while, I've been unfortunate enough to see how a compromised platform can ruin your betting experience. Ensuring a site employs stringent encryption and adheres to regulatory standards not only protects your funds but also safeguards personal information.
You can rest assured that any betting site featured in this list of the best US sportsbooks, or any other article across Oddspedia, has passed the ambitious standards set in terms of trust and security.
App: Is the app 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?
Odds value is crucial when choosing a sportsbook in the US. Experienced bettors understand that over time, better odds directly translate to higher returns. Small disparities might seem trivial for a single bet, but it will compound over multiple wagers, and the difference becomes significant. 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: Is 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 US 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 US 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, 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 US, 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.
If you feel like you need even more detail on the different options available to you. Remember that you can find in-depth reviews on all the sportsbooks in the US Oddspedia. Some of these are listed below.
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.
Enter your personal details such as name, email address and date of birth.
Provide some additional information for verification purposes like your address, contact number, job title and social security number
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.
Fill in any final required fields - usually a password and opting in or out of marketing communications and hit the confirm button.
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 US 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 US 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 licence 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 US, 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.
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.
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 -10000 so they can withdraw it quicker).
You will still see deposit match bonuses available in the US, but these have largely been replaced with some of the other betting site promos listed below.
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.
An example of bonus bets would be the Bet $50 Get $250 promotion that you can get with Oddspedia's Caesars Sportsbook promo codeOPBONUSGET. In this promotion, you have to wager $50 to get $250 worth of bonus bets added to your account. These bonus bets come as five $50 bonus bets that you can use on any sport of your choice.
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.
An example of bet credits is the current bet365 offer across all states. If you use Oddspedia's bet365 bonus codeODDSBONUS you can get $365 worth of bet credit for wagering just $1. This is an example where you will see the sportsbook refer to it as "bonus bets" but it’s essentially giving you bet credits.
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 are currently running a second chance bet that you can access with Oddspedia's BetRivers bonus codeODDSPEDIA. 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 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 by sport
The NFL has become synonymous with legal online sports betting in the US, 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 best NFL betting sites. This looks at NFL specific promotions, the competitiveness of odds across NFL markets, the range of betting options for the NFL and much, much more.
Unsurprisingly, NBA betting is also incredibly popular in the US. 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.
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.
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 US 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.
One of the nuances of legalized online sports betting in the US 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.
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. 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.
Soccer is becoming increasingly popular in the US, 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.
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.
Anyone who's been part of legal sports betting in the US 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 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.
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 US?
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 US?
The best sportsbook can be subjective and based on your individual needs. However, there are numerous established brands in the US 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 US, 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 US?
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 is a sports bet?
What should I look for when choosing a US 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 US 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 US betting sites?
Most sportsbooks that are licenced in the US 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 US 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 US 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.
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