Where to go for gambling on major sporting events?
The sports betting market in America has witnessed a major increase in betting revenue once multiple states started legalizing sports betting.
This happened after (PASPA) the Professional and Amateur Sports Protection Act of 1992 was struck down in May 2018, which paved the way for individual states to legalize sports betting.
Stats show that the global sports betting market has also increased with more online sports betting sites now accepting players from all over the world, allowing them to bet on their favorite sports.
Statista reports that the global sports betting market will exceed $63 billion by 2027.
Comparison with retail and online sportsbooks
Sports bettors have just two options when it comes to placing a sports bet.
They can go to any retail betting outlet (land based sports betting venue) and place a bet in person.
The second option is to register an account at an online betting site and place your bet online.
Since the number of scams online has risen, the bets you choose to make need to be reviewed properly.
Casino reviewers look for details that casual players are not aware of, so ideally, you should browse freshly checked gaming sites in 2023 to find out which betting site is best for you.
Retail sports betting vs online sports betting
You must show up in-person at the retail/land based venue to place a bet (retail)
You can place your bets from the comfort of your home (online)
Retail betting is only available in jurisdictions where betting is legal
Online betting sites from offshore providers can be accessed in jurisdictions that have banned online gambling
It takes a lot more time and effort to get to the retail betting shop and place a bet
Bets can be placed easily and effortlessly online
There can be long queues especially at big events like the Super Bowl or NBA finals (retail)
You will not have any waiting time even if it is the Super Bowl (online)
Hard to get cheated as retail sportsbooks are licensed and regulated
You can get cheated as many rogue online betting sites are out there
Most retail betting shops offer only fiat options
Many online sportsbooks offer both fiat and crypto betting options
Place your bet at retail betting sites
UK bettors can walk up to any William Hill retail sports betting outlet while bettors in New Jersey can visit Bally's retail sports betting outlet and place their bets in person. All you need to do is bring your ID to prove that you are over 18 and have a payment method to deposit funds and place your bet.