Sports betting is bigger than ever, and there haven’t been more options to decide on an online sportsbook. With reliable sportsbooks occupying the same market share as fraudulent ones, it’s becoming harder and harder to discern ones which function with integrity from their scammy counterparts.
We created this guide that will help you navigate the selection process. Scammers might be getting more complicated, but there are still lots of key indicators for secure, legitimate sportsbooks.
The Significance of Deciding of A Safe Sportsbook
When it comes to sports gambling, it is all for naught unless your sportsbook honors your winnings and deposits.
Say, hypothetically, that you end up signing up with an illegitimate sportsbook, and subsequently make a deposit. While it’s by no means ensured that this sportsbook will completely rip you off, there is a good chance that one of the following problems might happen:
Delayed payouts on your winnings (believe 45+ times )
Absent customer service Canceling/not crediting winning wagers (either partly or in their entirety)
Stealing your money outright Viruses infecting your pc or mobile phone Of course, registering at safe sportsbook usually means that you’ll prevent any of the above consequences. To avoid at least one of these headaches, it is your responsibility to hold your sportsbook accountable — do not settle for anything less than the rigorous criteria for your betting experience!
If you perform these checks prior to sending your cash over to a sportsbook, then you’ll know that your funds (and gambling experience) are in the hands of an excellent book.
1. Scrutinize Your Sportsbooks’ License Any safe online sportsbook will prominently display their operating license that guarantees that their legal right to function. Sportsbooks licenses make sure that their books are open to lawful, third party audits, and pass examinations to be sure they are not defrauding their clients.
If a sportsbook includes a license in the well-respected area, you may rest easy that it is wholly legit. This, alone, is a sufficient requirement of a legitimate sportsbook.
The most Frequent regions that sportsbooks seek licensure in are:
Various islands within the Caribbean Archipelago
Select Native American bookings within North America
That said, just because you can not spot a sportsbook license right away doesn’t mean it isn’t safe. You’ll have the ability to find their legal surgeries permit somewhere on their website.
Conversely, if you land on a sportsbook and you can tell it isn’t licensed, reconsider sending your money to them. Licensing ensures safety, and as such, we advise that you adhere to sportsbooks who have bothered to jump through the correct legal permissions hoops.
2. They Verify Your Identity
In our guide to banking in your sportsbookwe discuss how to successfully navigate the withdrawal procedure, which always includes verifying your identity.
Legitimate sportsbooks, such as these web sites for online sports betting, are licensed and regulated companies. Therefore, they are required to obey the rules and regulations in the region that they sought licensure within.
These principles consistently include verifying the identity of the customers prior to sending payouts, which is vital for sportsbooks to stay in accordance with international KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.
If sportsbooks do not verify their customer’s identity, they could find themselves complicit in criminal action, cater to bettors who aren’t legally authorized (or old enough) to gamble within their specific state or nation, damage relationships with their payment suppliers, and even send payments to the erroneous person/persons. None of these are great for a sportsbook which wants to remain legal, and that wants to provide their clients with the highest standards of support.
Unsafe, illegitimate sportsbooks have a tendency to skirt this safety feature, and they don’t often require customers to verify their identity. If a sportsbook is simply looking to fatten their own pockets by ripping customers off, they are not going to be very concerned about becoming legally compliant or building their reputation within the market. They are only looking to make off with your cash and vanish!
3. They’ve Got SSL Protection
SSL (Secure Sockets Layer) protection is standard security technology which ensures an encrypted link between a web server and a browser.
That is 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 websites around the globe to protect financial transactions with paying clients. When sites utilize this, it’s almost impossible for bad actors to steal sensitive financial or personal info.
Obviously, the process of withdrawing and depositing at your sportsbook involves the transfer of sensitive financial information. Therefore, your sportsbooks should be running an SSL-encrypted connection (for your own protection and theirs). Any sportsbook that isn’t running SSL either is expressly hoping to steal your information, or they do not have some comprehension of the most rudimentary aspects of online security. Both are reasons to steer clear, and also some other sportsbook that is not equipped with SSL protection isn’t worth your time.
How do you determine a website that’s SSL protected? Easy! Just search 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 An Excellent Online Reputation
In case your sportsbook has a good reputation, you have probably landed onto a safe sportsbook. The more a sportsbook has been around, the more powerful it is handling your cash. A sportsbooks’ continued presence is evidence of their security. If they had been ripping bettors away, there’s no way they could stay in business.
Each of the sportsbooks we review have proven track record of validity, but if you want to expand your search, there’s many different channels you can go through as well. The subreddit r/sportsbooks is a great place to inquire into the strengths and weaknesses of certain books inside the betting community.
5. They’ve Got A Responsive Customer Service Department
If you telephone, email, and/or send a message for your sportsbook and get a near-instantaneous response, you’re dealing with a secure sportsbook.
Customer support departments that are actual, responsive, and educated do not emerge out of thin air. A well-furnished, fully-functional customer service department is expensive to staff, train, and operate, and therefore, it’s just safe sportsbooks that may feasibly run them.
6. They Aren’t Promoting Anything Outrageous
A secure sportsbook is not going to be supplying bettors outrageous perks which look too good to be true. Any sportsbook which masquerades as a charitable operation is most likely trying to engineer creative techniques to distinguish you from your money.
What exactly do we mean when we say outrageous? Well, if you find the Pats at +1000 about the moneyline — or a 500% bonus deal — steer clear. Make sure the odds, lines, bonuses, and limits align with business standards.
7. Well-Developed Interface & Modern UX and UI
If you stumble upon a sportsbook that’s got a fully functional interface, live betting options, a nicely developed mobile platform, and considerate, contemporary UX and UI, you have undoubtedly found a safe sportsbook. These features are the hallmarks of the highest quality novels, and no publication that is spent so much time on supplying bettors with a top notch experience will be appearing rip you off.
Scammy sportsbooks simply don’t stay in business for very long. Creating a perfect user experience not just requires a huge financial investment, but a significant amount of time as well. Obviously, this would prevent them from creating an excellent platform for bettors.
Found A Safe Sportsbook? Start Building Your Bankroll!
Finding a trustworthy sportsbook is unquestionably the most vital component of sports gambling. Now that you understand how to find one, you are able to brush up on the fundamentals with our betting 101 guides, where we walk you through the basics while demystifying the essential fundamentals of sports betting which may appear complicated at first blush.
Want to learn more about the company of sports gambling and why online sportsbooks operate the way they do? Check out our guide to online sportsbooks’ complex (but legal) status in the USA.
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