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Best 5 Online Sports Betting Sites 2021 – Top Rated Sportsbooks.
When looking to venture out into sports gambling, you are likely to find hundreds of online sports betting sites out there. When looking for the best sports betting sites, therefore, the most important issues to consider are the perks that come with the websites. This will ensure you enjoy the greatest sports betting online experience. These perks include signing bonuses and easy usability among others. In this article, we are going to review three of the best online betting sites, which are Bovada, BetOnline, and MyBookie.
#1 Bovada.
Bovada has continually offered promotions and offers to its customers. For instance, first-time deposits for sports get bonuses of 50 percent for deposits up to $250, 100 percent for deposits up to $1000 for casino bets, and 100 percent for deposits up to $1000 as poker bonus.
Making a deposit or a withdrawal is easy and only attracts a small fee. For first-time deposits, the processing fee of 4.9 percent is waivered. Payouts are done using rapid transfer, otherwise known as money gram.
Bovada allows sports betting online on their user-friendly mobile interface or in their state of the art poker and casino gaming rooms. The minimum wager online is $1 and $50 for mobile bets. The only limitation to using Bovada is that the odds are posted late and that they have very low wager limits.
#2 BetOnline.
Licensed and regulated in Panama, BetOnline offers sports, live, poker, casino, and live dealer types of betting. It offers a wide range of payment options and several accepted currencies, thus making it one of the most convenient sites for customers across the world.
You get a welcome bonus of 50 percent on deposits up to $2500. However, bonus levels are tiered for different types of wagering. The online game library is categorized into 3D slots, table games, slots, and video poker. Most of the bets are placed online since their mobile platform only allows sports betting.
Maximum and minimum deposits and withdrawals are different for different payment options that are offered on BetOnline. Its major shortcoming is that it has high rollover requirements that customers might find difficult to understand.
#3 MyBookie.
MyBookie is one of the newest top online sports betting sites in the market. It was established in 2014 in Costa Rica and is fast growing to compete with other older bet staking sites. The minimum online wager on MyBookie is $10 and the maximum is $1000. For mobile wagers, however, there are no limits.
Wagering options for MyBookie include straights, totals, open wagers, action points, teasers, reverses, if bets, futures, and money lines among others. You can bet on games such as NFL Football, college basketball, NBA basketball, NHL hockey, soccer, golf, and horse racing among others.
With one of the highest bet bonuses in the industry, MyBookie gives you a welcome bonus of up to 50 percent for up to $1000 if you are a first time depositor. For reloads, they offer a 20 percent cash bonus. This makes it one of the best sports betting sites.
Its mobile platform has a user-friendly interface that makes it very easy to use. Their customer service is also highly efficient and offers top-notch customer service. This puts them among the best online betting sites today. MyBookie, however, only caters to recreational gamblers as opposed to other top sites that allow professional gambling. The site has also been said to lean more on the US sports market as compared to international sports.


Deal Or No Deal: How M&A Could Shape US Sports Betting In 2021.
The US sports betting market is still in its early days but has already played host to some spectacular deals since 2018.
Penn National’s acquisition of Barstool has received praise for the way it transformed the company. Flutter has seen the value of FanDuel increase 20-fold since its initial investment (although that first valuation is being disputed in court.) DraftKings ’ acquisition of SBTech paved the way for a spectacular stock market run.
The deal-making in the sports betting industry shows no sign of slowing down.
“Everyone is talking to everyone” said Simon French , the co-founder of advisory firm Bixteth Partners . “There’s a lot of motivation to do deals, from valuation arbitrage to technology plays. There are still a lot of big guns yet to fire bullets.”
So what sort of transactions could we see in 2021?
SPAC attack in US sports betting.
For starters, more companies are likely to going public. Jefferies analyst David Katz said demand for sports betting opportunities among institutional investors was “unbelievable.”
“The volume of calls we get, the readership of notes, it’s been amazing,” Katz said. “There is certainly a gold rush feeling here.”
At present that demand is seemingly funneled into two high-profile sports betting stocks: Penn and DraftKings. But the markets have a way of leveling themselves, and more supply is on the way via SPACs.
More opportunities coming?
It helps that SPACs involving DraftKings , Golden Nugget , Rush Street and Genius Sports have all been well received. And there are several more funded SPACs looking for targets within gaming.
Like any gold rush, there’s plenty of money available for those providing the picks and shovels. As one Wall Street source put it:
“If you provide anything to this industry and you’re not trying to take advantage of the multiples available in public markets, you’re not doing your job. If people are willing to hand out money at astronomical valuations, why wouldn’t you take advantage of it?”
SPACs are a simple solution to speed up that passage to the public markets, so expect more of the same in 2021. The impact of that glut of supply on valuations? Well, that is its own question.
Another deal for DraftKings?
Aside from the external interest in the sector, there’s plenty of appetite for deal-making within it. DraftKings is an obvious candidate to be at the heart of any wheeling and dealing. At its recent Q3 results , DK had $1.3 billion on the balance sheet, which CEO Jason Robins said could be earmarked for M&A.
The company has been linked in the past with media outlets like Bleacher Report , but could feasibly have a bigger target in mind.
“DraftKings acquiring a European operator in stock would make sense in theory,” said Will Hershey , CEO of RoundHill Investments. “That would be immediately accretive to earnings.”
Such a deal would make the most of DKNG’s lofty valuation, especially if a similar multiple were applied to any European revenues it acquired.
Bolt-on M&A options.
Content is also still highly sought after, according to the banker. To that end, operators are looking at names like The Athletic, Bleacher Report, Sports Illustrated and Action Network .
Companies are also looking at daily fantasy sports. We saw two sportsbook investments in fantasy companies in one day this week, and expect more of the same.
Fantasy operators can build customer databases in not-yet legal betting states like California , and take sign-ups three years earlier than sportsbooks with a legal age of 18 years old. (Of course, DraftKings and FanDuel are already doing this as well.)
Why DFS makes sense.
For a sportsbook, having a fantasy option in-house helps capture a higher share of a player’s wallet. At present, a William Hill customer (for example) needs to go to FanDuel/DraftKings to play fantasy, from where they might never return.
Or how about a deal focused on in-play betting? In-play is one of the fastest-growing areas of US sports betting, but the product is certainly not perfect yet. In fact, some argue it is “ broken ” thanks to delays, heavy vig and not enough uptime.
It’s the type of niche technology problem that could be solved by a startup rather than a legacy operator. A company like SimpleBet has made some progress on this front with a free-to-play micro-prediction game gaining traction over at FanDuel .
Best opportunities outside US sports betting?
In fact, B2B technology as a whole is a hot sector given the success of DraftKings/SBTech and more recently Bally’s and Bet.Works.
“We’ve been surprised by the number of US betting operators wanting their own tech stack,” French said.
That could make privately-owned software names like FSB and Amelco attractive for US casino chains.
iGaming as well.
It’s a similar story in online casino; a relatively unloved market at present, but one with more value still to be unlocked.
French noted Playtech as an option for US operators looking to own their casino technology. Indeed, earlier this year Playtech shareholder Jason Ader argued the company would be an ideal target for DraftKings.
On that note, Ader told LSR he expected to see more US land-based giants acquiring European online operators like the Caesars/William Hill deal.
“ If they don’t, they risk going out of business,” Ader said. “If you’re a retailer that didn’t move online, you don’t exist anymore. Who’s thriving against Amazon? Wal-Mart. They built an amazing online business to complement their stores. MGM, Caesars, Wynn. They have a choice to be like Wal-Mart or disappear.”
In short, there’s a palpable sense of an ongoing gold rush for US betting sites, and 2021 looks set be a year of blockbusters.


Legislative Tracker: Sports Betting.
States can legalize sports betting if they choose after the US Supreme Court struck down the federal ban on single-game wagering in 2018. Interest in the legalization of sports betting was ramping up in the US in recent years, even prior to that decision.
2021 sports betting bills.
There are now a variety of bills on file around the country and even some new laws on the books. Below is a look at current legislation by state. These states in particular are close to having legal sports betting:
North Carolina (Legalized July 2019) Maryland (Approved by voters in November 2020) Louisiana (Approved by voters in November 2020) South Dakota (Approved by voters in November 2020)
States with legal sports betting.
These states have legal, regulated sports betting industries:
In New Mexico , some tribes are now offering sports betting under an existing Class III gaming compact. Some Oregon tribes have also begun operating sportsbooks as well.
Here is a look via map (green = legal; yellow = pending launch):
The climate for sports betting legislation.
Nearly two years after the US Supreme Court struck down the federal ban on legal sports betting, nearly 75% of US states have either legalized sports wagering or introduced legislation to do so.
Legislative live streams.
Want to follow along as a sports betting bill is considered in a hearing or legislative session. Here’s a guide to all the video and audio streams for US legislatures:
Previous sports betting bills.
Here is the recent history of bills related to sports betting in the United States:




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