There is a new and explosive trend worldwide of gambling and sports betting? Internet sports betting where millions of individuals enjoy legal online sports betting wagering many billions of dollars each and every year. The internet offers many opportunities for offshore sportsbook betting and has revolutionised the way people bet. With any new type of betting there are actually always dangers and pitfalls that you will need to be aware of. Online sports betting is no exception. Although online sportsbooks have made it simpler to bet on all of your favourite sports the internet is riddled with unsafe and unlicensed sportsbooks that are only too pleased to take your money and run. It is these cowboys which have made it more difficult for the legitimate safe, regulated and licensed
playing soccer online sportsbetting industry to operate, and they have given the industry as a whole a bad name.
It is therefore imperative that anybody who might be considering throwing some cash at their favourite team or sport, look closely at the online sports betting site they may be betting with. There are many of factors to think about when assessing whether to open an account with an online sportsbook.
Is the sportsbook licensed by a government licensing authority? Their web site should state the country the book is licensed in. If there's no mention of their licensing information on their web-site then it is highly probable that they're not licensed by any government agency. Betting by having an unlicensed betting outfit is akin to throwing your money away. Also some countries have more stringent regulations, oversee their licensees more closely, and require more funds for them to operate, eg. UK.
Internet security - Is the sportbook using the-latest internet security mechanisms? Most reputable betting outfits have highly advanced security on their own 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 for example 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. A lot of the reputable sportsbooks offer 24 hour support by smartphone, e-mail and online chat.
Incorporates extensive features offering many different 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 odds for that sport but offer lousy odds on others. Due to this reason many professional bettors shop around and open accounts with a range of reputable sportsbooks to receive the top deals.
In summary those are the main factors I consider when deciding on opening an account with a sportsbook. With the convenience of the internet it really is so much simpler to do the research and also to make an educated decision. Many sports betting sites offer the ability to compare the odds of a number of reputable sportsbooks so you know where the best odds and deals are.