Sports betting is larger than ever, and there haven’t been more choices to choose an online sportsbook. With reliable sportsbooks occupying exactly the identical market share as fraudulent ones, it’s getting harder and harder to discern ones which operate with integrity from their scammy counterparts.
We created this guide to help you navigate the selection process. Scammers might be getting more complicated, however there are still lots of key indicators for secure, legitimate sportsbooks.
The Significance of Deciding of A Safe Sportsbook
When it comes to sports betting, it’s all for naught unless your sportsbook honors your deposits and winnings.
Say, hypothetically, that you wind up registering having an illegitimate sportsbook, and subsequently make a deposit. While it’s by no means guaranteed that this sportsbook will completely rip you off, there’s a Fantastic chance that one of the following problems might happen:
Delayed payouts in your winnings (believe 45+ days)
Absent customer service Canceling/not crediting winning wagers (either partly or in their entirety)
Stealing your money Viruses infecting your pc or mobile phone Of course, signing up at safe sportsbook means you’ll prevent any of the aforementioned consequences. To avoid at least one of these headaches, it’s up to you to maintain your sportsbook liable — don’t settle for anything less than the most exacting standards for your gambling experience!
If you perform these checks before sending your cash over to a sportsbook, you will know that your funds (and betting experience) are at the hands of a quality book.
1. Scrutinize Your Sportsbooks’ License Any secure online sportsbook will prominently display their operating license that guarantees their lawful right to function. Sportsbooks licenses ensure that their books are open to lawful, third-party audits, and consistently pass examinations to ensure they are not defrauding their clients.
If a sportsbook has a permit from a well-respected region, you can rest easy that it’s completely legit. This, alone, is a sufficient requirement of a legitimate sportsbook.
The most Frequent areas that sportsbooks search licensure in are:
Various islands within the Caribbean Archipelago
Select Native American reservations within North America
That said, just because you can’t identify a sportsbook license straight away does not mean it isn’t safe. You will be able to locate their legal operations permit somewhere on their site.
Conversely, if you land on a sportsbook and you can tell it isn’t licensed, reconsider sending your money to them. Licensing ensures security, and therefore, we advise that you stick to sportsbooks who’ve bothered to jump through the proper legal permissions hoops.
2. They Verify Your Identity
In our guide to banking at your sportsbook, we discuss how to successfully navigate the withdrawal process, which always includes verifying your identity.
Legitimate sportsbooks, such as these sites for online sports gambling, are licensed and controlled companies. Therefore, they’re required to comply with the rules and regulations in the region they sought licensure within.
These rules always include verifying the identity of the customers before sending payouts, which is necessary for sportsbooks to stay in accordance with global KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.
If sportsbooks don’t verify their customer’s individuality, they could find themselves complicit in criminal action, cater to individuals that aren’t legally licensed (or old enough) to gamble within their specific state or country, damage relationships with their payment suppliers, and even send payments into the wrong person/persons. None of them are great for a sportsbook that wants to remain legal, and who wants to supply their customers with the greatest standards of service.
Unsafe, illegitimate sportsbooks tend to skirt this security feature, plus they don’t often require customers to verify their identity. If a sportsbook is only seeking to fatten their own pockets by ripping off customers, they are not likely to be very worried about becoming legally compliant or building their reputation within the marketplace. They’re only trying to make off with your cash and vanish!
3. They’ve Got SSL Protection
SSL (Secure Sockets Layer) security is standard security technology which ensures an encrypted link between a web server and a browser.
That’s a good deal of web-specific jargon, but this encryption ensures that all data passed between you and the website remains private. SSL technology is used by tens of thousands of sites across the globe to safeguard financial transactions with paying clients. When sites utilize this, it is nearly impossible for poor actors to steal sensitive financial or personal info.
Obviously, the practice of withdrawing and depositing in your sportsbook requires the transport of sensitive financial information. As such, your sportsbooks should be running an SSL-encrypted connection (for your protection and theirs). Any sportsbook that isn’t running SSL either is expressly trying to steal your information, or they don’t have some understanding of the most basic aspects of online security. Both are grounds to steer clear, and also any sportsbook that isn’t equipped with SSL protection isn’t worth your time.
How can you determine a site that’s SSL protected? Easy! Just look for sites with https:// in the beginning of the web address along with a locked icon. That’s all it takes!
4. Your Sportsbook Has A Great Online Reputation
In case your sportsbook has a good reputation, you have probably landed onto a safe sportsbook. The longer a sportsbook has existed, the more powerful it is managing your money. A sportsbooks’ continued existence is evidence of the security. If they were ripping bettors off, there’s no way they can stay in business.
All the sportsbooks we examine have proven track record of legitimacy, but if you want to expand your search, there’s a variety of stations you’ll be able to go through as well. The subreddit r/sportsbooks is an excellent place to inquire into the strengths and weaknesses of certain books within the gambling community.
5. They’ve Got A Responsive Customer Service Department
If you call, email, and/or send a message for your sportsbook and find a near-instantaneous response, you are working with a safe sportsbook.
Customer support departments that are actual, responsive, and educated do not emerge from thin air. A well-furnished, fully-functional customer support department is expensive to employees, train, and operate, and as such, it’s just safe sportsbooks that can feasibly run them.
6. They Aren’t Promoting Anything Outrageous
A safe sportsbook is not going to be offering bettors outrageous perks which look too good to be true. Any sportsbook that masquerades as a charitable operation is most likely attempting to engineer creative techniques to distinguish you from your cash.
What exactly do we mean when we say outrageous? Well, if you see the Pats in +1000 about the moneyline — or a 500% bonus offer — steer clear. Make sure that the odds, bonuses, lines, and limits align with industry standards.
7. Well-Developed Interface & Modern UX and UI
If you stumble upon a sportsbook that’s got a fully operational interface, live betting options, a well developed cellular platform, and thoughtful, modern UX and UI, you’ve undoubtedly found a secure sportsbook. These attributes are the hallmarks of the maximum quality books, and no publication that is spent so much time on supplying bettors with a top notch experience are going to be looking rip off you.
Scammy sportsbooks simply don’t stay in business for long. Developing an optimal user experience not only takes a huge monetary investment, but a substantial quantity of time too. Evidently, this would prevent them from developing an excellent platform for bettors.
Located A Safe Sportsbook? Start Building Your Bankroll!
Finding a trustworthy sportsbook is unquestionably the most crucial aspect of sports betting. Now that you know how to find one, you can brush up on the basics with our betting 101 guides, where we walk you through the fundamentals while demystifying the vital fundamentals of sports gambling that may seem complicated at first blush.
Want to learn more about the business of sports gambling and why online sportsbooks run how they do? Have a look at our guide to online sportsbooks’ complex (but legal) status in the United States.
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