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There is no federal legislation prohibiting U. S. citizens from accessing offshore betting sites. However, in some states, it is illegal to gamble on offshore sites. For more information, check your state’s legislation before placing a bet.
Offshore online betting sites are perfect as long as you only use licensed sports betting. Regulated betting sites have a proven track record of fairness and winnings payouts.
Offshore bookmakers offer a variety of payment methods, adding cryptocurrencies, credit/debit cards, cashier’s checks, cash payment orders, and bank transfers.
When you make money on offshore sports betting sites, you owe taxes on those winnings, just like you would any other income. You will have to claim all gambling winnings on your annual tax return.