SBG Global Offshore Betting 2021
Established as part of the offshore casino and bookie boom in Costa Rica back in the late 1990s, SBG Global serves US customers through YouWager and lures customers with a rather big welcome bonus. However, as with all offshore operators, SBG Global sports betting entails dangers and we now take on a detailed overview of the most important feature to better understand them.
The failure to obtain a proper license for the US market and a somewhat outdated approach to the online gambling experiences makes it impossible for us to recommend playing at SBG Global, but we still explore is SBG Global legal and what it brings to the table.
While SBG Global reviews don’t show it as a scam, it is still very difficult to suggest trying it out let alone making accounts and depositing big parts of one’s bankroll here for all the reasons listed above. Still, we take a closer look at the salient features to better understand the dangers of playing here!
SBG Global Sportsbook: Pros & Cons
Interestingly, the promotions tab on the website is not really up to date and while it’s obvious the bookie offers monthly promos to satisfy the existing members, there are still offers which expired months ago. Nevertheless, SBG Global bonus stands and the offer is a 50% bonus on deposits of up to USD 1,000, with a 4x wagering requirement which feels attainable.
This means one can get up to USD 500 in bonus money to release through betting and increase the bankroll, which does seem appealing together with a loyalty program. However, it’s still best checking out the terms and conditions with the customer support before going to grab any casino or bookie bonus.
The SBG Global app feels very outdated and it feels like the developers hardly did any work since its opening back in the 1990s. The website is rather simple and this can be a good thing, being intuitive and easy to use – despite the underwhelming graphics and attempt to provide a more modern environment for the players.
There are few options for deposits and withdrawals at SBG Global, where SBG Global deposit methods include Bitcoin, credit cards, MoneyGram, and Western Union as well as Skrill (not available for US players) and hold few limits when it comes to minimum and maximum amounts.
However, the SBG Global payout methods can feel even more limiting if you’re not a Bitcoin fan, where only other options include Skrill, Cash at MG, and transfers to Poker balance. All options but MoneyGram are free of charge, though.
With many educational articles across the website, it comes as a great surprise SBG Global contact is the only way to solve even minor issues. However, the channels are many and available through most parts of the day, where live agents can be reached through e-mail addresses, SBG Global phone number as well as a Live Chat feature on the website.
Is SBG Global Legit? Why not Play Here
SBG Global was founded back in 1999 and holds a license in Costa Rica, still offering services to US players but mainly through loopholes and grey areas in the gambling industry – which makes the answer to the age-old question is SBG Global legit a difficult one to answer in a single sentence.
Indeed, the sportsbook offers services for over two decades and this suggests an ability to maintain stability in a volatile market, as they offer rather competitive odds and solid bonuses. However, no US license means no regulation and this is never good news, as the players get no real control over their experience.
The regulatory bodies in Costa Rica are not really renowned for helping players resolve issues with operators and what this means is that the bookie is the sole arbitrator in all cases or disputes with the players. While there are not many negative experiences online, this also means little to no transparency when it comes to the company and automatically implies potential security issues.
SBG Global eu reveals no ways they go to protect the personal data of the users, from software developers to legal actions, and this also adds to the failing factors of security and overall fair play guarantee. Again, there is no proper regulatory body to enforce and ensure these.
State-licensed bookies, on the other hand, hold a promise of such experience and this feels like a major boasting point at the moment, with top-of-the-line software and security processes – as well as the payment processors and many other factors.
Lastly, the fact SBG Global has no license also means they could be closed or at least blacklisted in the United States at any given moment. This again points to trouble one could have getting their money out when needed.
SBG Global Sports Betting
The bookie claims European sports and International events galore but in reality, most of the betting will be done on US sports, as the bookie fails to bring a variety of markets and subsets to attract serious attention.
The sports one can bet on include baseball, basketball, football, basketball, soccer, as well as somewhat less popular tennis, golf, car races, and boxing – with some very competitive odds along the way.
SBG Global offers great margins on moneyline with a standard of just 1.5% margin, while the run line on baseball takes anywhere between 4% and 5%. Interestingly, three-way betting and Over/Under tips often hold similar margin 3% to 4% and this creates for a highly competitive offer, where our only objection is lacking prop bets more often than not.
As already stated, SBG Global holds no license to operate in the United States and offering players services points towards a dangerous business practice of unlicensed offshore online casinos. This means potential troubles with the law and while there are no immediate dangers of prosecution for the individual players, it surely points towards an insecure future with the provider.
The laws in the United States have been changing and now allow renowned bookies and casinos into the market in certain states, where they pursue licenses and pay a number of fees to be able to work. With that in mind, it only becomes a question of time when the same state governments will start a stricter policy towards offshore businesses, who have enjoyed the grey areas for years and even decades.
The future is thus unpredictable and it sure feels like a risk setting up accounts here or taking any part of one’s bankroll to SBG Global betting, especially with the fact many fully legal online gambling and entertainment providers are now available. These American betting sites operators provide high-quality service and fall under the regulation of the Division of Gaming Enforcement, which offers a guarantee of a safe and enjoyable environment for those eligible.
Online gambling has been a matter of controversy and fierce debate in the United States for years and we have finally seen more lenient laws put into action, led by the states of Nevada and New Jersey. However, offshore bookies still continue to explore loopholes and offer US players service with luring bonuses and odds.
Still, we strongly oppose joining such companies and SBG Global is just one of many, with the dangers over fund and data safety as well as fair play assurance seem overwhelming. Indeed, it is best to set up with licensed and regulated bookies if you have the chance to do so!