Legality of offshore sportsbooks
Offshore sportsbooks are legal in some states, but not in others. For example, in Texas, gambling is illegal in casinos and online. Many state legislators are considering strategies to raise tax revenue, including banning offshore sportsbooks. This is a big deal because Texas residents are losing millions of dollars to offshore sportsbooks.
Offshore operators face significant legal challenges, including federal prosecution. These operators have been targeted by federal prosecutors for years, and a former World Sports Exchange CEO was recently convicted of money laundering and illegally operating a sportsbook. The DOJ has also prosecuted 57 individuals for illegal gambling.
While offshore sportsbooks are not legal in every state, they are generally safe and offer better payouts and odds. While offshore sportsbooks are not fully regulated by the federal government, they can be considered legal if they have certain features and accept mainstream deposits.
Number of sporting events offered by a sportsbook
Although baseball is losing popularity to other major US sports, the World Series is still the most-watched event in the country. Recently, it has attracted even more attention after a Houston businessman, Jim “Mattress Mack,” bet $11 million on the Astros in several states. As a result, sportsbooks have seen an increase in revenue. In addition, the longer the World Series runs, the more money they can make from it.
Customer service offered by a sportsbook
Customer service is an important part of the online sportsbook experience. Whether you’re looking to place a bet or just want to chat, good customer service can make all the difference. Good sportsbooks will be friendly and have live support to help you with any questions or concerns. A happy customer is one who will tell their friends and family about the sportsbook, which can mean a large profit for the sportsbook.
While many sportsbooks have a customer support department, they may not have one. In these cases, there are usually lower level representatives who are more knowledgeable. However, it’s possible that these agents are not as well-trained, and they might have language barriers.