State-by-state legality
Sports betting is legal and regulated in 38 US states and Washington DC as of April 2026. In those states you can open an account with DraftKings, FanDuel, BetMGM, Caesars, or bet365 (in New Jersey, Colorado, Ohio, Kentucky, Virginia, Iowa, and a handful of others) and fund it through normal bank channels. Texas, California, and Georgia remain the three largest US states without regulated sports betting.
Offshore options for US-based Mongolians
If you live in an unregulated state, or if you prefer an operator we review, your path is offshore. Stake and Rainbet accept US players (Stake is accessible via Stake.us, which is a sweepstakes variant, not the main crypto book; the crypto Stake.com geoblocks US IPs). Paripesa, Betwinner, and 1win historically accept US players but with restrictions. bet365 is licensed in a handful of US states and blocked everywhere else.
Funding from a US bank
Direct card deposits to offshore books are typically declined by US issuers. The reliable route is crypto: buy USDT or Bitcoin at Coinbase, Kraken, or Gemini using ACH transfer (3 to 5 business days free, or instant by debit card at a 2% fee), move the crypto to your sportsbook wallet, bet. Withdrawals reverse the path.
Tax considerations
All gambling winnings are taxable as ordinary income in the US regardless of where the operator is licensed. Form W-2G is issued by US-licensed operators for wins over thresholds. Offshore operators do not issue W-2Gs; you are still required to self-report. Consult a tax professional familiar with gambling income before you file.
The diaspora community
The Mongolian Cultural Association of the US hosts events in Chicago and Los Angeles where the betting community overlaps with the soccer fan community. Betting on Mongolian national team matches is a social focus during World Cup qualifiers.
Our recommended operators from the United States
Stake
1xBet
