SBG Global Offshore Sports Betting 2020
SBG Global is one of the oldest running US-friendly sportsbooks in the industry. However, players who are just starting their online sportsbetting journey probably have not heard of SBG Global eu as the operator as not as big and popular as its biggest rivals even though it has been active around since 1999. In this SBG Global betting review, we take a look at the operator’s service as well as answer some important questions regarding such as where is SBG Global located.
The company which is behind this sportsbook is headquartered in Costa Rica like many other offshore betting sites. Another extremely important question regards its legality with many customers wondering is SBG Global legal in the United States. To answer this question, we have to look at the SBG Global sports betting platform’s licensing.
What we know for sure is that the operator has failed to obtain proper licensing to operate in the United States market. In other words, it operates illegally offering its services to customers from the United States by taking advantage of the loops in the system. Many SBG Global reviews which look into the operator’s service do not recommend this sportsbook and this review also follows.
While the operator has a longstanding history, which spans over two decades, without necessary licensing, this is not an operator we can recommend to join. In fact, its customers have dealt with all sorts of issues here and we will further take a look at some of them which doubtlessly speak danger and risks.
Is It Legal to Play at SBG Global?
The main question here is whether offshore sportsbooks which operate in the United States are legal or not and this applies to SBG Global as well which is licensed in Costa Rica. When it comes to gambling in the United States including all forms of online gambling activities in addition to sportsbetting such as online casinos and poker rooms, the industry had undergone several major law changes especially in recent years.
One of these laws was the Unlawful Internet Gambling Enforcement Act or simply the UIGEA was passed back in 2006. This law in particular prohibited all sorts of payments from the United States-based payment processors including bank institutions to online gambling sites. At the time, the act was seen as the ultimate ending point for the iGaming industry in the United States. Nonetheless, this was not the case as the UIGEA did not criminalize the industry altogether, but just gaming at illegally, non-licensed gambling sites.
On the other hand, the law has had an impact on bettors from the United States in that some offshore betting sites decided to pull out of the United States iGaming market. At the same time, many other sites remained active and today the offshore betting market is thriving with a massive amount of both legal and illegal competition.
All in all, the biggest effect of the UIGEA is related to moving funds to and from offshore sportsbooks which is considered illegal even though possible which answers the question is it legal to bet at this sportsbook from the United States. Further, discuss potential dangers and risks related to registering for an online account not only at this sportsbook, but at every other non-licensed site.
That's why you shouldn't bet at this operator
Even though many bettors from the United States praise the SBG Global mobile service, SBG Global customer service , the operators sports collection, live betting events and its competitive betting odds offered, US residents should always choose state-licensed, fully regulated sportsbooks and SBG Global one does not fall into this category, not by any means for as long as it operates without a license.
Registering for an online gaming account here means taking serious, unnecessary risks which can include even legal consequences as it is considered illegal to send money to illegally operating sites from the United States. Despite the fact that this brand has been active for over twenty years now, despite its rather solid bonuses and promotions, here players do not receive the most important security and safety features which make a difference between a stable, reputable and safe online gaming environment and a risky, unsafe environment.
Without such measures employed, players’ financial as well as their personal information is exposed to all sorts of issues. Moreover, offshore betting sites including this brand fail to provide necessary transparency when it comes to its safety and security measures which once again means security issues. Furthermore, without proper licensing in the picture, players are not guaranteed fair play which is something mandatory when choosing a state-licensed sportsbetting site.
Other than this, the sportsbook’s operations in question here can be shut down at any time in the United States which means customers’ money gets lost and there is nothing they can do about simply because the sportsbook’s operations are not regulated nor overseen by any US-based regulatory body. With such serious consequences, it makes no sense to turn to illegal options especially when their legal competition thriving at the moment.
SBG Global Check: All you need to know
While we cannot stress enough the importance of avoiding such online gambling sites, we still want to assess the operator’s service objectively by sharing both its advantages and disadvantages. Here, we take a look at the SBG Global mobile betting options, SBG Global payout problems that many customers come across, the operator’s website design and homepage usability, bonuses and promotions and of course, its sports collection alongside odds offered.
Sports & Live Betting: Lack of International Sports Events
When taking a look at the operator’s spots collection offered, it becomes obvious that this sportsbook lacks international events which is a big downside. On the other hand, its collection of sports includes all sorts of the top North American sports and leagues such as NBA and NFL alongside several other less popular options including:
- Horse Racing
Other than this, registered bettors can take advantage of live betting events as well as other options with loads of sports lines included. It is worth mentioning that these options are accessible using the SBG Global mobile app for iOS and Android devices. However, some players complain that the app is difficult to navigate.
Odds: Decently Competitive Betting Odds
In terms of its betting odds, the operator does offer rather good margins of around 1.5% which while then run lines on certain sports events go up to five percent. Furthermore, over or under as well as three-way betting tips also come with similar margins which definitely creates highly competitive odds on the majority of events offered. The only downside is that many events lack prop bets.
Bonus & Promotions: A Solid Bonus Offer
When it comes to the SBG Global for its new players, the operator has prepared a 50% match deposit bonus worth up to USD 1,000 that comes with four times rollover requirements that feels achievable. There is also a 30% re-up bonus offer that customers can grab on their very first cash re-up deposits once done with providing their SBG Global login info.
Sometimes, the operator also includes other offers such as free money bonuses which require the SBG Global promo codes that players enter into their cashier sections. While the overall rating of the operator’s bonuses and promotions department is rather good, some customers complain that terms and conditions related can appear a bit confusing at times, so bonuses offered are not the best deals out there.
Payment Methods: Fairly Standard Prepaid and Conventional Options
In order to fund their accounts here, players can choose between several standard options including credit and debit cards both prepaid and conventional, Skrill which US residents cannot use, MoneyGram, bank wire transfers, as well as deposits with Bitcoin.
While the selection of deposit options is very limited, the withdrawal offer is even more limited including Bitcoin, Cast at MG, MoneyGram and Skill. While the offer is quite limiting, all payouts made except when using MoneyGram do not come attached to transactional fees which is always a huge plus. On the other hand, there are several more limitations related to maximum and minimum both deposit and withdrawal amounts.
User Interface / Usability: Simple, Rather Outdated Design
The operator’s website, as well as the SBG Global app, appear very outdated as the operator has done nothing to modernize the design since its opening days which goes back to the 90s. While some bettors appreciate super simple website designs which are always easy to use, others find it very unappealing to game at such outdated gaming platforms.
Customer Service: Several Decent Contact Channels
In terms of its customer support department, the operator offers a rather decent service with several different contact channels in the offer including the SBG Global phone number that appears listed on the homepage, and SBG Global mail service. Bettors can also turn to its live chat feature which is accessible through most hours of the day. While the offer is solid, customers do not appreciate the lack of FAQs section which always comes handy.
The Future of Offshore Betting Sites
Many experts in the field agree that the future of online sportsbetting lies in in-game wagering options which are offered by almost every offshore sportsbetting site. In the case of basketball and football, bettors can place wagers on the moneyline, total and side. Considering the rising trends of in-game wagering at European sportsbooks which goes over seventy percent of total wagers placed, US bettors will definitely turn to in-game wagering more in the future especially as the legalized sportsbetting industry is thriving at the moment.
This was possible after the US Supreme Court struck down the biggest obstacle to legalized online sportsbetting in May last year. This step in particular meant that biggest industry’s expansion and one of the most profitable formats is definitely in-game wagering simply because it offers more betting options which eventually mean more profits. This leads us to the biggest question regarding the future of offshore sportsbetting in the United States.
While the offshore betting industry will face some new challenges with emerging state-licensed sportsbooks, it will preserve its spot no matter new laws and regulations coming because it is deeply ingrained to be destroyed overnight. Even though some bettors will turn to the industry’s legal competition, others will remain loyal fans of offshore betting until gaming in the United States is no longer possible with such offshore operators and when will this happen nobody knows.
Disclaimer: Don't play here
FAQMost Common Questions of Players
While this is true in some occasions, it can be also the other way around with legal, fully-licensed sportsbooks offering better deals than its offshore competition.
The answer is same as for the previous question. In other words, the odds at SBG Global are sometimes better than with legal competition, but this is not a rule, just a possibility.
No, SBG Global holds a license issued by the jurisdiction of Costa Rica while it has no licensing issued by the United States regulatory body.
Since the sportsbook operates in the state without necessary licensing, it is a possibility to come across legal issues for depositing to and withdrawing from here even though no bettor was prosecuted for such actions, not yet.
Yes, SBG Global accepts Bitcoin as one of its fairly limited banking options. While using Bitcoin has some advantages, greater safety is probably not one of them despite common beliefs.
As pointed out several times through different sections here, perks and advantages offered by offshore sportsbooks are not more important than staying safe and protected at all times. Without being overseen by prominent regulatory bodies, offshore betting sites cannot guarantee players’ safety, data protection, fair play and other features which suggest that an online sportsbook offers a trustworthy, reliable and safe gaming environment.
Hence, the best route to take is to avoid offshore sportsbooks at all costs in order to stay safe and still enjoy gaming perks and entertaining gaming sessions offered by state-licensed operators. There is a list of such venues offering all the right ingredients for a genuinely safe gaming experience listed here.