Sports betting has been legalized in many US states and several other states are on the path toward legalization of their own. The product of widespread legalization of online sports betting has been an increase in sportsbook options for bettors to utilize in states where online sports betting sites are legal.
But all sportsbooks are not created equal, with different online betting sites operating legally in some states while other betting sites operate legally in others. These betting sites also have different features, with the best sports betting sites being able to meet the needs of more bettors than their competition.
In this guide to the best online sports betting sites, we cover what makes an online sportsbook one of the best and what sportsbooks are the best in each state where sports gambling is legal.
Sports betting is legal in specific states. And only select sportsbooks can be used in each of those states, with different operators offering their sports betting sites in different states. Bettors must make sure that the sportsbook they want to use is licensed and regulated in their state so they can place wagers.
The best online betting sites tend to be licensed to operate in more states than their competition. Sportsbooks like BetMGM, DraftKings Sportsbook and FanDuel Sportsbook, for example, are licensed in many of the states that allow legal sports gambling. The licensing and regulation they have obtained in each state offers bettors protection and peace of mind when they bet.
Best Online Betting Sites and States where they are licensed
States where the sportsbook is licensed and active
The availability of betting markets is a key component when ranking the best betting sites. The best online betting sites tend to have more markets available than their competitors, which means that bettors at those online sports betting sites have more options to choose from when placing their bets.
While all sportsbooks have basic markets like spreads, totals and moneylines, the best sports betting sites go well beyond those markets. Prop bets have become immensely popular in sports gambling, with the best sites in each state having a long list of props that bettors can wager on in each sport.
The time at which those markets are made available is also important when judging which sportsbooks are the best online sports betting sites. The earlier bettors have access to betting markets, the better their chances of betting the best possible numbers and odds, maximizing their chances of turning a profit in the long run.
Making money from online sports betting can be made easier when bettors get the best possible odds for each bet they place. Wagering with a bookmaker that offers bad odds only makes things harder. For example, risking $100 to win $80 at one sportsbook when you could have wagered $100 to win $90 can severely impact a bettor’s profitability over time.
For that reason, the odds at each sportsbook can often decide which online sports betting site is the best. While most sportsbooks have similar odds on markets like the point spread, small variations combined with any differences in odds for prop bets, futures and moneylines can separate the best betting sites from lesser options.
In order to place bets at online sports betting sites, bettors first need to fund their accounts. And while most online betting sites offer similar payment options, the best sports betting sites have the most diverse array of payment options.
Most online sportsbooks allow bettors to make deposits with credit and debit cards, bank transfers, e-wallets like PayPal and Skrill and prepaid cards that are available for those without bank accounts. But some online sportsbooks offer additional options like the ability to deposit with cash at casinos and other land-based locations, which can set them apart.
Also important is the ability for online sports betting sites to pay bettors using a method that suits them. Methods like bank transfers, physical checks and the use of e-wallets are common for withdrawals. But bettors should verify that each sports betting site they want to use offers one or more payment method that they can use. Sportsbooks like Caesars and PointsBet are known for offering plenty of withdrawal options.
Bonuses and Promotions
Another way that sports betting sites can differentiate themselves from one another is through their welcome bonuses. These bonuses give players additional funds with which to wager at online sports betting sites, or provides them with insurance in the event that their first bet loses at a sports betting site they are using for the first time.
The most common types of bonuses at online sports betting sites are deposit match bonuses and risk-free bet bonuses. A deposit match bonus gives bettors a bonus worth a percentage of the amount of their first deposit. This type of bonus is popular at online betting sites, as it allows bettors to start betting with more money than they initially deposited into betting sites that offer it.
Risk-free bet bonuses, meanwhile, reimburse bettors in the event that their first wager at a sports betting site does not win. While this type of bonus does not result in bettors starting with more than they deposited, it does guarantee that bettors will have at least the amount they deposited whether their first bet wins or loses.
The presence of promotions outside of welcome bonuses is another hallmark of the best online sports betting sites. Things like parlay insurance, odds boosts and “Bet $1, Win $100” promotions can provide tons of added value for bettors. The betting sites that offer them are typically preferred by bettors because of the value those promos bring.
Legal Betting Sites
The Supreme Court of the United States’ decision to overturn PASPA was a seminal moment in the legalization of sports betting in the US. Since that day in 2018, several states have introduced legalized sports gambling while others are working on it. In each of the states that feature legal sports gambling, several legal sports betting sites are available to wager with.
To get an idea as to which sports betting sites are legal in each state, keep an eye out for licensing information on their websites.
For example, if an online sports betting site is licensed to operate in New Jersey, that online sports betting site will contain information stating that they are licensed by the New Jersey Division of Gaming Enforcement.
Recommended Betting Sites
BetMGM Sportsbook is one the best online sportsbooks in the US and is fully recommended by USsportsbonus. Registration flow is superb, welcome bonus is one of the best and the betting experience top-class. This sportsbook pretty much has it all.
DraftKings Sportsbookis known to everyone who has some sort if interest in sports betting or Daily Fantasy Sports. The kings of sports betting deliver a sports betting experience above the rest and is probably one of the best sportsbooks in the world.