Sport bet net
Sportsbet.io India Bonus
Sportsbet.io is considered to be one of the best sites for online sports betting. With Brand ambassador as Brett lee, it adds additional trust.
Sportsbet.io offers a great sports betting and online casino platform. Its biggest USP is it offers deposit and withdrawal through cryptocurrencies such as Bitcoin, Ethereum, Litecoin etc. It also provides other banking options to its players.
Unlike other brands, Sportsbet.io does not offer elcome bonus but regularly runs promotions and offers for its players. They also have mobile applications for Android and IOS, which enhances your betting experience
A solid and reputed platform to create an account and start playing especially if you are into crypto currency.
Sportsbet.io Pros & Cons
- Be a part of the bitcoin revolution!
- Great looking interface
- Lots of cricket betting options
- Plenty of promotions
- Easy to buy bitcoins on site
10% Cashback on Sportsbet.io with One Touch Live Dealer Games
Bonuses and promotions
The welcome bonus at Sportsbet.io is solid: deposit funds, place your first bet and receive 300% of your bet, up to €30 (or currency equivalent), in free bets within 48 hours. Good way to try out their sportsbook without having to deposit too much money right away.
They also seem to have several betting promotions going on at the same time. As of writing this we can see they have few offers going on right now:
Brett Lee's weekly casino cashback
Roping in Brett Lee as their global brand ambassador, Sportsbet has opened up several promotions with whopping cashbacks! As of now, the Brett Lee promotion is a weekly promotion allowing players to receive 10% cashback for all losses in Casino upto INR 275,000.
Check out the Sportsbet advertisement feature Brett Lee.
The Joy of Multis - Extra Boost Edition
The players can get their stake back automatically as a Free Bet if 5+ leg multi loses by 1 selection. During the promotion period, multi insurance can be applied boosting all the multis by upto 30% in July! Also, the minimum odds requirement has dropped from 1.50 to 1.30 in July.
Odds and Bets
The betting odds offered at Sportsbet.io are solid and there is a wide variety of sports you can bet on, even niche events like Volleyball, Futsal and Pesapallo.
But our focus for this review is on their cricket betting offerings.
You will find that they have odds on most of the bigger matches in cricket, including a wide variety of prop bets and player bets. The odds they offer are not the highest in the market, but definitely competitive with the market in general.
They do lack a bit of outright bets and are not the earliest in putting out odds for events coming up further into the future, but that is not a big deal unless you plan on putting your money down on bets way in advance of the games starting on the regular.
Other Gambling Games
In addition to many other sports to bet on, you can also place wagers on virtual sports if that is your kind of thing. Computers play games of sports against each other, and you can bet on various outcomes, just like regular sports.
There is also a casino with a stack of games for you to play, including live casino for those that prefer to watch the real thing unfolding.
Sportsbet.io is also the first online operator to offer live version of the popular Indian game Andar Bahar. If you want to place some bets on that, you definitely need to check them out.
The main currencies used are cryptocurrencies like bitcoin. If you haven't heard about bitcoin by now, you might be living under a rock.
At Sportsbet.io you can deposit using one of these cryptocurrencies:
- Euro (EUR)
- Bitcoin (BTC)
- Ethereum (ETH)
- All Sports (SOC)
They have also recently added the possibility to deposit in Euros (€) as well, so for those that are still new to cryptocurrencies and want to deposit the old way, you can do that using Neteller, Skrill or credit cards.
There is also the option to use deposit options like Astropay, Muchbetter and Jeeto as well, and they are continuously adding more options for funding your betting account.
If you are from Brazil they also offer the option to deposit through various agents as well. Check out their website for a full list of them.
It is a little annoying that you need Flash to use their casino though, so a problem for Apple users there.
As for safety, Sportsbet.io has taken the step to add Google Authenticator to their services, which gives you an extra layer of security.
Google Authenticator needs a smartphone to work, but is very easy to setup and use, and we highly recommend that you do set this up on your account to protect your funds.
You can read more about it here.
Sportsbet.io is a very good looking website, which works as well on desktop as it does on mobile.
It is simple in it's design, have plenty of bets offered on their site, in addition to a big casino full of various gambling games to try out.
There is also many betting promotions for you to choose from, so you should always have something to play for when logging into their site to play.
Sports Betting Taxes Guide (How to Pay Taxes on Sports Betting)
Every year, I join a fantasy football league with my friends and every year, I lose. So for me, unfortunately, my limited sports gambling has no impact on my taxes. But if you frequently place bets on sporting events, and find yourself winning, it may have an impact on yours. There are gambling winnings tax implications, and it’s important to understand how gambling losses and taxes intermingle.
With the US Supreme Court ruling allowing any state to legalize sports betting, an increasing number of people are wagering on sports each year. And, as is the case with all activities that generate income of any sort, it will have an effect on your taxes. Many people don’t think about tax implications of placing wagers on their favorite winning sports teams, but if you took part in sports gambling here’s some things you need to know about supplemental income tax.
Your Gambling Winnings are Considered Income
All income is taxable and gambling winnings are considered income. They apply even if you aren’t a professional gambler. If you win money from lotteries, raffles, horse races, or casinos – that money is subject to income tax.
When you win, the entity paying you will issue you a Form W2-G, Certain Gambling Winnings, if the win is large enough.
Fantasy League Winnings Are Taxable
If you win your Fantasy football league, it’s all taxable income in the eyes of the IRS. If you win $600 or above, the gambling facility will ask for your social security number so they can report your winnings to the IRS, but remember even if you don’t receive a form reporting your income you have to claim your winnings on your taxes.
Winnings From Online Sports Sites Are Taxable
If you win money betting on sports from sites like DraftKings, FanDuel or Bovada, it is also taxable income. Those sites should also send both you and the IRS a tax form if your winnings are $600 or more. If you take home a net profit of $600 or more for the year playing on websites such as DraftKings and FanDuel, the organizers have a legal obligation to send both you and the IRS a Form 1099-MISC. If you receive your winnings through PayPal, the reporting form may be a 1099-K.
Report Winnings Even if You Don’t Receive Form 1099
The 1099 tax forms report your winnings to the taxing authorities and also lets you know the amount you must report on your taxes. Even if you don’t receive a Form 1099, you still need to report the net profits on your federal and state income tax returns.
Winnings at a Sports book/casino
If you win at a sports book/casino, they are legally obligated to report your winnings to the IRS and to you if you win up to a certain amount, ($600 on sports, $1,200 on slots, and $5,000 on poker).
You Can Deduct Losses if You Itemize
Fortunately, you can deduct losses from your gambling only if you itemize your deductions.
Gambling losses can be deducted up to the amount of gambling winnings. For example, if you had $10,000 in gambling winnings in 2019 and $5,000 in gambling losses, you would be able to deduct the $5,000 of losses if you itemize your tax deductions.
If you had losses greater than your gains, you wouldn’t be able to claim the excess. Reversing the example above, if you had $5,000 in gambling winnings and $10,000 in gambling losses, you would only be able to deduct only $5,000 of gambling losses. The remaining $5,000 in losses would be lost forever; you can’t carry the losses forward.
Whereas your winnings are reported by the payer on a Form W2-G, your losses may not be. You will have to produce other documentation to validate the deduction. This can include wagering receipts or tickets, canceled checks, or other receipts.
It may also be possible to establish your losses by keeping some type of detailed log. This log should include information such as the date and type of gambling activity, people you gambled with and the amount of your winnings and losses.
Under tax reform, you can only deduct losses directly related to your wagers and not non-wagering expenses like travel-related expenses to gambling sites.
College Seating Rights for 2018 and Beyond
In a related matter, there’s bad news on the college seating rights front starting with the 2018 tax year under tax reform.
Under the old tax law, donors were allowed to make contributions in exchange for the right to purchase tickets or seating at college sporting events with a big tax advantage. They could treat 80% of the contribution as a charitable deduction. The remaining 20% represented the actual cost of the tickets or seating.
In this way, the IRS recognized that the majority of money paid for college seating rights represented a charitable contribution, rather than a ticket purchase. Unfortunately, that tax break has been eliminated, starting in the 2018 tax year.
Don’t worry about knowing these tax rules. TurboTax will ask you simple questions about you and give you the tax deductions and credits you’re eligible for. If you have tax questions, you can connect live via one-way video to a TurboTax Live CPA or Enrolled Agent with an average of 15 years experience and get your tax questions answered. TurboTax Live CPAs or Enrolled Agents are available in English and Spanish, year round and can even review, sign, and file your tax return.
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С киберспортом в сердце…
Со старта проекта киберспорт был и остается нашим главным приоритетом – мы уверены что GG.Bet предлагает одну из лучших беттинг линий на рынке. Здесь вы можете попытать свою удачу с предсказаниями на такие игры:
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…и спортом на уме
При этом мы быстро поняли, что поклонники киберспорта и традиционного спорта имеют много общего, и решили трансформировать GG.Bet в универсальную платформу с развитой спортивной секцией. В данный момент у нас представлено более 20 спортивных дисциплин, среди которых не только популярные футбол, хоккей, и баскетбол, но и менее распространенные игры, такие как настольный теннис, водное поло, регби и другие.
Огромный выбор ставок
Тогда как многие букмекерские конторы старого формата предлагают своим пользователям крайне узкую линию, мы стараемся предоставлять нашим клиентам как можно больше возможностей. Так, на матч по CS:GO можно сделать ставку онлайн на следующие линии:
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