There is a new and explosive trend on the globe of gambling and sports betting? Internet sports betting where millions of people enjoy legal online sports betting wagering many billions of dollars each and every year. The net offers many opportunities for offshore sportsbook betting and has revolutionised the way people bet. With any new type of betting you can find always dangers and pitfalls that it is important to consider. Online sports betting is no exception. Although online sportsbooks have made it simpler to bet on all of your favourite sports the web is riddled with unsafe and unlicensed sportsbooks which are only too pleased to take your hard earned money and run. It really is these cowboys which have made it more challenging for the legitimate safe, regulated and licensed online sportsbetting industry to operate, and they have given the sector as a whole a bad name.
Therefore it’s imperative that anyone who could possibly be considering throwing some cash at their favourite team or sport, look closely at the online sports betting site they can be betting with. There are a number of aspects to think about when assessing whether to open an account with an online sportsbook.
Will be the sportsbook licensed by a government licensing authority? Their web page should state the country the book is licensed in. If there is absolutely no mention of their licensing information on their website then it is highly probable that they may be not licensed by any government agency. Betting with an unlicensed betting outfit is similar to throwing your hard earned money away. Also some countries have more stringent regulations, oversee their licensees more closely, and require more funds for them to use, eg. UK.
Internet security – Will be the sportbook using the latest security mechanisms? Most reputable betting outfits have highly advanced security on their websites to prevent personal and banking information being exposed and breached.
Depositing options. The sportsbook must have a number of depositing options and preferably accept 3rd party e-wallets such as Neteller and Moneybookers. Using a 3rd party e-wallet service such as Neteller lessens the need to send personal and financial information to every book you sign up with.
24 hour customer support by mobile phone and e-mail. Most of the reputable sportsbooks offer 24 hour support by phone, email and online chat.
Incorporates extensive features offering a number of betting types and competitive odds. Some provide a multitude of betting types and other features such as statistics on all of their betting products. Some may specialise in betting on a particular sport and may offer the very best online soccer odds for that sport but offer lousy odds on others. Because of this reason many professional bettors shop around and open accounts with a number of reputable sportsbooks to receive the top deals.