![Tax on Online Gambling Winnings Guide [With Calculator]](https://www.offshoresportsbooks.com/wp-content/uploads/Tax-on-Online-Gambling-Winnings-Guide-1-300x170.png)
Gambling can be an exciting and potentially lucrative activity, but it’s essential to understand the tax implications associated with gambling wins. In the United States, the Internal Revenue Service (IRS) imposes specific rules and regulations regarding the taxation of gambling winnings. We explore the key points individuals should know about taxes on gambling wins in […]
Few sports are more popular for betting in the United States than NASCAR. That is especially the case in the southern states, with motor races on the NASCAR Cup Series occurring almost every Sunday. The end of the season will see NASCAR playoff action taking place before the end-of-season race sees the champion declared. But […]
The MLB season is a busy time for sports bettors, with a 162-game season and several games being played every day from April until October. So, the question arises, what does total bases mean in baseball betting? What Are Total Bases in Baseball? It’s simple: Total bases are the number of bases a player gets […]
Baseball is America’s favorite pastime, loved by sports fans and bettors alike. If you belong to the latter category, you might want to learn more about special baseball wagers such as F5. This type of bet is getting increasingly popular as it’s fun and potentially very profitable. How it works is that you bet on […]
Two years ago, the sports betting analysts from Pinnacle revealed that UFC betting favorites win almost two-thirds of the time. They analyzed 558 bouts in total and saw that 370 were won by fighters with shorter odds than their rivals. That accounts for 62.43% of UFC fights, but that number is even higher when it […]
BTTS (or BTS) stands for both teams to score in sports betting. This is one of the betting markets you’ll commonly find in online sportsbooks that go heavy on soccer. It’s because this is the sport where both teams score roughly 50% of the time. That scenario plays out way more often in other sports […]
‘Easy As 1-2-3’ bet is available only on sportsbooks that go heavy on hockey betting. They all got their definition of this bet, but the most common is that for this wager to win, there need to be 1, 2, or 3 goals scored in each period. It really is easy to figure out this […]
The NBA season lasts from October until April and lasts two months during the playoffs. This is one of the most exciting times for sports bettors because of the frequency of games. However, preseason NBA games are hard to watch, especially with the star players usually sitting out to get rest before the long regular […]
“How does the NHL let a compulsive gambling addict still play when he’s obviously throwing games to win money?” This is what the ex-wife of the Edmonton Oilers winger Evander Kane wrote on Instagram in the summer of 2021, sparking one of the biggest NHL scandals of the century. Anna Kane’s post shook the NHL […]
There are few faster-growing sports in the world today than Formula 1. Due to the success of Drive To Survive, more and more fans from across the globe are turning to the F1 action weekly. This has led to a spike in the number of players making wagers on the action throughout the season. However, […]
Until October 2022, UFC fighters were allowed to bet on themselves. However, Dana White’s organization amended its code of conduct and banned betting altogether. As a result, fighters under the contract with this MMA promotion company cannot bet on any UFC fight. So, if your question is, can fighters bet on themselves in UFC? The […]
Boxing is one of the most popular sports in betting, with millions of stakes on massive fights throughout the year. There are a lot of similarities between betting on boxing and MMA events like UFC. One of the most common is the ability to wager on round markets. These can often be highly lucrative when […]
