US Bettors Deprived of Using Offshore Online Sportsbooks
February 21, 2007The federal law keeping the US citizens from the online gambling sites caused an outrageous feedback from both betting site owners and US-based bettors. They say when politics involved there are both happy and the offended ones…
US bettors having two reasons to take offense
- First, US bettors can no longer shop for the best betting lines on the internet. In case you have some idea of the betting lines difference, you will understand what I mean here. Some online sportsbooks offer -105 betting lines and the bettors are happy to save money with this kind of proposition!
- Second thing that makes US citizens crazy about is the fact that their NETeller accounts have been blocked permanently. No matter what the initial reason of creating the NETeller account was – either betting purposes or anything other – all accounts got blocked and most users had no way to return the money.
Offshore betting site owners mourning over the lost earnings
The owners of the offshore betting sites are now mourning over the lost US marketshare. These are now facing the UK market. Which is quite different and not open after all. It is flooded with UK-based sportsbooks, plus the new governmental plan on building several mega casinos in Manchester and other cities makes it impossible to bite a large piece off the gambling pie.
What about the other countries? Australia is a good country to target – Australians love supporting their sports teams and they are ready to risk money on it. Most gambling activities online are prohibited there still there are exceptions form the rule. Online betting is allowed with one exception – you cannot offer live betting to the Australians.
The other countries with powerful economics might be of interest too, however they do not represent a large share in the gambling pie, so there is no wonder that the betting site owners are in despair.
