Sports betting money flows into offshore sportsbooks far more than it does into Las Vegas sportsbooks. When it comes to money wagered betting sports, poker, horse racing or casino games, the big money is offshore. There is no doubt that offshore sportsbetting towers over what happens in Vegas.
Sportsbetting has been around for many decades. Las Vegas is still thought of as the gambling capital of the world. You would think that the most money in the world in terms of gambling money is bet in Las Vegas. Not anymore. Offshore betting is where the big money is at, particularly in sportsbetting. When it comes to big money the place to see it is at offshore sportsbetting sites. Las Vegas still has a watered down reputation in some spots of taking big money from people betting sports but that is pure hogwash. Vegas doesn’t take big money in anything anymore. Perhaps Vegas will still cater to the high rollers in casino games, but when it comes to betting sports all of the serious money flows offshore.
When it comes to sportsbetting, the big money is totally offshore. Las Vegas doesn’t accept big bets in any form when it comes to sports betting. For example, if you wanted to go in and place a $1,000 wager it is very likely the sportsbetting clerk would need approval for the bet and it is possible you may not get to bet it at all. Compare that to offshore sportsbetting where placing a $1,000 bet is nothing. It is just another wager and doesn’t register a blip on the radar screen. The real gamblers that are involved betting sports do so offshore because they can get big wagers down; get far superior odds, much better customer service, and freedom to wager as they choose.
Offshore betting has big money in many areas in addition to sports. You see high wagering action in poker, horse racing, and casino play. The casinos offshore aren’t afraid to take a big bet and actually don’t mind the action. Vegas doesn’t want any of it when it comes to sportsbetting and they sometimes even fear it in other areas. As you think about big money in betting remember that the big boys now play offshore. Vegas used to have the players, but now they only have the reputation, and even that is not what it was. Eventually reality sets in and the world understands that the big money in sportsbetting is offshore.