Best Country For Sports Betting

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  • etavoa10
    SBR Rookie
    • 12-29-10
    • 10

    #1
    Best Country For Sports Betting
    I'm so fed up with the difficulties of sports betting in the U.S. that I'm seriously considering setting up residence in another country.

    Requirements:
    1) Need to be able to legally place bets from the country and have reasonable protection.
    2) Must be able to establish residence (not citizenship) and open a bank account.
    3) Need legal access to the popular money transfer services (Neteller, Moneybookers, etc.)
    4) Must have access to the best sports books and exchanges (Pinnacle, Betfair, Matchbook, etc.)
    5) Has English speaking language options.
    6) Also need to consider tax implications.

    I'm thinking that the UK or Canada are maybe the best options. Perhaps there are other countries like Switzerland, Costa Rica, etc. that would work well??

    I plan to buy / rent a place, and use it much of the year. If you have any thoughts that you'd rather not share in the open forum, please feel free to PM me!

    Thanks!
  • Ninersnut
    SBR MVP
    • 05-20-10
    • 3730

    #2
    I heard Niger is a nice place this time of the year.
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388179

      #3
      UK by far

      All banks very gambling friendly
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        Originally posted by etavoa10
        I'm so fed up with the difficulties of sports betting in the U.S. that I'm seriously considering setting up residence in another country.

        Requirements:
        1) Need to be able to legally place bets from the country and have reasonable protection.
        2) Must be able to establish residence (not citizenship) and open a bank account.
        3) Need legal access to the popular money transfer services (Neteller, Moneybookers, etc.)
        4) Must have access to the best sports books and exchanges (Pinnacle, BetFair, Matchbook, etc.)
        5) Has English speaking language options.
        6) Also need to consider tax implications.

        I'm thinking that the UK or Canada are maybe the best options. Perhaps there are other countries like Switzerland, Costa Rica, etc. that would work well??

        I plan to buy / rent a place, and use it much of the year. If you have any thoughts that you'd rather not share in the open forum, please feel free to PM me!

        Thanks!
        Send me $1000 cash and I will tell you step by step to play anywhere in the world
        I spent a lot of time studying this and aint helping no one unless paid
        Comment
        • maersksealand
          SBR MVP
          • 09-17-09
          • 1673

          #5
          Originally posted by etavoa10
          I'm so fed up with the difficulties of sports betting in the U.S. that I'm seriously considering setting up residence in another country.

          Requirements:
          1) Need to be able to legally place bets from the country and have reasonable protection.
          2) Must be able to establish residence (not citizenship) and open a bank account.
          3) Need legal access to the popular money transfer services (Neteller, Moneybookers, etc.)
          4) Must have access to the best sports books and exchanges (Pinnacle, Betfair, Matchbook, etc.)
          5) Has English speaking language options.
          6) Also need to consider tax implications.

          I'm thinking that the UK or Canada are maybe the best options. Perhaps there are other countries like Switzerland, Costa Rica, etc. that would work well??

          I plan to buy / rent a place, and use it much of the year. If you have any thoughts that you'd rather not share in the open forum, please feel free to PM me!

          Thanks!
          I read few years ago an article about Hong Kong having no wager limits. I Google it recently but there's no stories about betting in Hong Kong. But what's wrong moving to Vegas ?
          Comment
          • etavoa10
            SBR Rookie
            • 12-29-10
            • 10

            #6
            Originally posted by maersksealand
            I read few years ago an article about Hong Kong having no wager limits. I Google it recently but there's no stories about betting in Hong Kong. But what's wrong moving to Vegas ?
            Moving to Vegas doesn't work because I still couldn't bet on Pinnacle, Betfair, etc. and couldn't use Neteller, etc. It's really not a good option.
            Comment
            • etavoa10
              SBR Rookie
              • 12-29-10
              • 10

              #7
              Originally posted by jjgold
              Send me $1000 cash and I will tell you step by step to play anywhere in the world
              I spent a lot of time studying this and aint helping no one unless paid
              JJGOLD - I'm very familiar with ways to gamble from anywhere, but I'm not sure it's worth the risk if the dollar amounts are high enough. I know that PO Boxes can be set up, I know that you can use virtual server software to access boxes in other countries in a way to mask the real IP address placing bets, etc.

              Assuming one is looking for a very legit way to do it, the best option would be to find the most bet-friendly country, establish residence, and place the bets from there. With that said, I'd be happy to discuss alternative options if you'd like to PM me.

              Thanks!
              Comment
              • maxvalue1
                SBR Sharp
                • 11-08-10
                • 350

                #8
                interesting subject..anyway to find a reliable runner in another country..someome that can get u down at any book
                Comment
                • marcoloco
                  SBR MVP
                  • 07-05-10
                  • 3986

                  #9
                  heard lots of good things about costa rica
                  Comment
                  • icecapper
                    SBR Wise Guy
                    • 09-29-09
                    • 788

                    #10
                    I live and own a residence in Canada. PM me and let me know if I can help you out in any way.
                    Comment
                    • Stefan
                      SBR MVP
                      • 03-21-09
                      • 3481

                      #11
                      I am not sure, but I think I have read that living from sport betting is not legal in Switzerland.
                      I would prefer GB.
                      Comment
                      • Dirty Sanchez
                        SBR Posting Legend
                        • 03-01-10
                        • 16031

                        #12
                        Originally posted by etavoa10
                        I'm so fed up with the difficulties of sports betting in the U.S. that I'm seriously considering setting up residence in another country.

                        Requirements:
                        1) Need to be able to legally place bets from the country and have reasonable protection.
                        2) Must be able to establish residence (not citizenship) and open a bank account.
                        3) Need legal access to the popular money transfer services (Neteller, Moneybookers, etc.)
                        4) Must have access to the best sports books and exchanges (Pinnacle, Betfair, Matchbook, etc.)
                        5) Has English speaking language options.
                        6) Also need to consider tax implications.

                        I'm thinking that the UK or Canada are maybe the best options. Perhaps there are other countries like Switzerland, Costa Rica, etc. that would work well??

                        I plan to buy / rent a place, and use it much of the year. If you have any thoughts that you'd rather not share in the open forum, please feel free to PM me!

                        Thanks!
                        Try the Congo or Ivory Coast...they're looking for people these days. Please contact jj if you need a reference
                        Comment
                        • eidolon
                          SBR Hall of Famer
                          • 01-02-08
                          • 9531

                          #13
                          its a trap!
                          Comment
                          • eidolon
                            SBR Hall of Famer
                            • 01-02-08
                            • 9531

                            #14
                            do you have over 20 million dollars? if so maybe Monaco?

                            1. Monaco isn't interested in granting you permanent residence status. You need a net worth in excess of around $20 million before they'd consider your application.

                            2. As a US citizen, you are subject to US taxation on your world-wide income so residing in Monaco won't get you off the hood for US taxes.

                            3. Surrendering US citizenship solely to avoid US taxes won't get you off the hook for 10 full years.

                            4. If you want to surrender your citizenship, you'll have to pick some place other than Monaco. While Monaco might grant you permanent residence, citizenship is out of the question.

                            5. Most other countries -- at least those that you might want to live in -- have higher taxes than the US does so moving there will cost you in the long run. The overall cost of living in most of those countries will be higher as well.

                            6. Surrendering your citizenship may cost you some of those pension benefits.

                            7. 15% Federal income tax reverse engineers to over $65,000 per year. Even if you're kicking in 5% on state income taxes, it still crunches to around $50,000 per year. If you're having trouble making ends meet as a single person on that income, try a financial counselor.
                            Comment
                            • etavoa10
                              SBR Rookie
                              • 12-29-10
                              • 10

                              #15
                              Originally posted by marcoloco
                              heard lots of good things about costa rica
                              I once heard that Costa Ricans can't place bets at sites that operate in Costa Rica. Not sure why. Anyone know if this is true?
                              Comment
                              • etavoa10
                                SBR Rookie
                                • 12-29-10
                                • 10

                                #16
                                Originally posted by maxvalue1
                                interesting subject..anyway to find a reliable runner in another country..someome that can get u down at any book
                                I'm more interested in betting online actually. I don't think a runner would work because of lack of trust, etc.
                                Comment
                                • etavoa10
                                  SBR Rookie
                                  • 12-29-10
                                  • 10

                                  #17
                                  Originally posted by eidolon
                                  do you have over 20 million dollars? if so maybe Monaco?

                                  1. Monaco isn't interested in granting you permanent residence status. You need a net worth in excess of around $20 million before they'd consider your application.

                                  2. As a US citizen, you are subject to US taxation on your world-wide income so residing in Monaco won't get you off the hood for US taxes.

                                  3. Surrendering US citizenship solely to avoid US taxes won't get you off the hook for 10 full years.

                                  4. If you want to surrender your citizenship, you'll have to pick some place other than Monaco. While Monaco might grant you permanent residence, citizenship is out of the question.

                                  5. Most other countries -- at least those that you might want to live in -- have higher taxes than the US does so moving there will cost you in the long run. The overall cost of living in most of those countries will be higher as well.

                                  6. Surrendering your citizenship may cost you some of those pension benefits.

                                  7. 15% Federal income tax reverse engineers to over $65,000 per year. Even if you're kicking in 5% on state income taxes, it still crunches to around $50,000 per year. If you're having trouble making ends meet as a single person on that income, try a financial counselor.
                                  Some interesting points....thanks! I'm not sure Monaco is an option. I wouldn't plan on giving up US citizenship, but rather have a 2nd home in another country (which I'd spend a decent amount of time at), therefore, I would expect to still pay US taxes.
                                  Comment
                                  • etavoa10
                                    SBR Rookie
                                    • 12-29-10
                                    • 10

                                    #18
                                    Originally posted by icecapper
                                    I live and own a residence in Canada. PM me and let me know if I can help you out in any way.
                                    For some crazy reason, I'm not able to PM you. It says that I may not have access or been otherwise blocked. Please feel free to shoot me one first.

                                    I'm interested in better understanding the Canadian options for books, bank accounts (as a US citizen), etc.
                                    Comment
                                    • SBR_Guest_Pro
                                      SBR MVP
                                      • 02-10-15
                                      • 3955

                                      #19
                                      Can stay in the United States now!
                                      Comment
                                      • lonegambler23
                                        SBR Hall of Famer
                                        • 06-22-16
                                        • 9760

                                        #20
                                        so youre planning to do this for a living? you better have a million dollars or just give it up lol
                                        Comment
                                        • lonegambler23
                                          SBR Hall of Famer
                                          • 06-22-16
                                          • 9760

                                          #21
                                          how would you gain residency of a diff country tho? always would have loved to move to europe
                                          Comment
                                          • Inkwell77
                                            SBR MVP
                                            • 02-03-11
                                            • 3227

                                            #22
                                            this is a good topic. Would be interesting to hear some real experiences.

                                            I really dislike how Pinnacle bans so many countries, it is very sad!
                                            Hopefully they try to get a license here in one of these states in the US!
                                            Comment
                                            • SBR_Guest_Pro
                                              SBR MVP
                                              • 02-10-15
                                              • 3955

                                              #23
                                              Originally posted by lonegambler23
                                              how would you gain residency of a diff country tho? always would have loved to move to europe
                                              Have to join a mail order husband program and hope a broad in a different country orders you for marriage
                                              Comment
                                              • Inkwell77
                                                SBR MVP
                                                • 02-03-11
                                                • 3227

                                                #24
                                                Originally posted by SBR_Guest_Pro
                                                Have to join a mail order husband program and hope a broad in a different country orders you for marriage
                                                Or get a TEFL certificate and then get a work v-i-s-a to teach English.
                                                White people are in demand for those jobs.
                                                Comment
                                                • dlowilly
                                                  SBR Posting Legend
                                                  • 11-09-16
                                                  • 13862

                                                  #25
                                                  Don't need to rent a place

                                                  Just make a trip to Canada. Get a PO box, a canadian drivers license, and a bank account. They will want to know why you're moving to Canada so tell them you met a Canadian girl who was going to school in the US and it was true love so u moved up there to be with her...and for the fresh maple syrup. Also, you like that the money smells like maple syrup and you can tell the bank manager that or keep it to yourself.

                                                  Couple of drawbacks:

                                                  -Pinnacle, Betfair, and Matchbook lines are not really beatable, so you're either entering a losing venture or attempting to arb in which case the accounts you moved up to Canada to get will keep going broke and you will eventually realize it's better to just bet the square side

                                                  -You can't play in the SBR world cup of poker
                                                  Comment
                                                  • dlowilly
                                                    SBR Posting Legend
                                                    • 11-09-16
                                                    • 13862

                                                    #26
                                                    Originally posted by Inkwell77
                                                    Or get a TEFL certificate and then get a work v-i-s-a to teach English.
                                                    White people are in demand for those jobs.
                                                    Is that just in places like China or India or could you go to Romania or Iceland
                                                    Comment
                                                    • LLXC
                                                      SBR Hall of Famer
                                                      • 12-10-06
                                                      • 8972

                                                      #27
                                                      Originally posted by dlowilly
                                                      Don't need to rent a place

                                                      Just make a trip to Canada. Get a PO box, a canadian drivers license, and a bank account. They will want to know why you're moving to Canada so tell them you met a Canadian girl who was going to school in the US and it was true love so u moved up there to be with her...and for the fresh maple syrup. Also, you like that the money smells like maple syrup and you can tell the bank manager that or keep it to yourself.
                                                      Not sure if you're being sarcastic but this probably will not work. Getting a Canadian Driver's License is not that easy with simply a PO Box. And some kind of Canada proof of residency is usually needed to establish a Canadian bank account.
                                                      Comment
                                                      • LLXC
                                                        SBR Hall of Famer
                                                        • 12-10-06
                                                        • 8972

                                                        #28
                                                        Originally posted by lonegambler23
                                                        how would you gain residency of a diff country tho? always would have loved to move to europe
                                                        This is probably the biggest issue for most people. Unless you can find a job there, or a current job here that will relocate you there.
                                                        Comment
                                                        • Sam Odom
                                                          SBR Aristocracy
                                                          • 10-30-05
                                                          • 58063

                                                          #29
                                                          Gotta pick winners regardless where you live... If you can do that

                                                          You can make it BIG in the USA
                                                          Comment
                                                          • jjgold
                                                            SBR Aristocracy
                                                            • 07-20-05
                                                            • 388179

                                                            #30
                                                            Costa Rica or Finland
                                                            Comment
                                                            • dlowilly
                                                              SBR Posting Legend
                                                              • 11-09-16
                                                              • 13862

                                                              #31
                                                              Originally posted by LLXC
                                                              Not sure if you're being sarcastic but this probably will not work. Getting a Canadian Driver's License is not that easy with simply a PO Box. And some kind of Canada proof of residency is usually needed to establish a Canadian bank account.
                                                              It's pretty easy

                                                              I didn't just make this stuff up
                                                              Comment
                                                              • danshan11
                                                                SBR MVP
                                                                • 07-08-17
                                                                • 4101

                                                                #32
                                                                where is pinnacle at move there!
                                                                Comment
                                                                • Hman
                                                                  SBR Posting Legend
                                                                  • 11-04-17
                                                                  • 21429

                                                                  #33
                                                                  This guy hasn't been around since 2011.

                                                                  Question is, when he posted this back in 2010, why wasn't just moving to Vegas an option instead of having to leave the whole country
                                                                  Comment
                                                                  • jjgold
                                                                    SBR Aristocracy
                                                                    • 07-20-05
                                                                    • 388179

                                                                    #34
                                                                    Lol pinnacle

                                                                    So many American books have better juice now
                                                                    Comment
                                                                    • danshan11
                                                                      SBR MVP
                                                                      • 07-08-17
                                                                      • 4101

                                                                      #35
                                                                      Originally posted by jjgold
                                                                      Lol pinnacle

                                                                      So many American books have better juice now
                                                                      really name one? I would love to have a few outs that are better than pinnacle
                                                                      Comment
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