Sports gambling is larger than ever, and there have never been more options to decide on an internet sportsbook. With reliable sportsbooks occupying exactly the identical market share as fraudulent ones, it is becoming harder and harder to discern ones which operate with integrity from their scammy counterparts.
We created this guide to help you browse the selection procedure. Scammers may be getting more complicated, but there are still plenty of important indicators for secure, legitimate sportsbooks.
The Significance of Picking of A Safe Sportsbook
If it comes to sports betting, it’s all for naught unless your sportsbook matches your deposits and winnings.
Say, hypothetically, that you wind up registering having an illegitimate sportsbook, and then make a deposit. While it’s by no means guaranteed This sportsbook will totally rip you off, there is 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 computer or mobile phone Of course, signing up at safe sportsbook means you’ll avoid any of the above consequences. To prevent at least one of these headaches, it is up to you to maintain your sportsbook liable — don’t settle for anything less than the rigorous standards for your betting experience!
If you perform the following checks before sending your cash over to a sportsbook, you will know your funds (and gambling experience) are at the hands of an excellent book.
1. Scrutinize Your Sportsbooks’ License Any safe online sportsbook will prominently display their working license that ensures their legal right to function. Sportsbooks licenses ensure that their books are open to lawful, third party audits, and pass examinations to ensure they aren’t defrauding their customers.
If a sportsbook includes a permit in the well-respected region, you can rest easy that it’s wholly legit. This, alone, is a sufficient requirement of a valid sportsbook.
The most common regions that sportsbooks search licensure in are:
Western Europe
Various islands within the Caribbean Archipelago
Select Native American reservations within North America
That being said, just because you can not identify a sportsbook license straight away doesn’t indicate it isn’t safe. You will have the ability to find their legal operations license somewhere on their site.
Conversely, if you land on a sportsbook and you’ll be able to tell it isn’t licensed, reconsider sending your money to them. Accreditation ensures security, and therefore, we recommend you stick to sportsbooks who’ve bothered to jump through the proper legal permissions hoops.
2. They Verify Your Identity
Within our guide to banking in your sportsbook, we talk about how to successfully browse the withdrawal process, which always includes verifying your identity.
Legitimate sportsbooks, such as these sites for internet sports betting, are licensed and regulated companies. Therefore, they’re required to comply with the rules and regulations in the region they hunted licensure within.
These rules consistently include verifying the identity of the customers prior to sending payouts, which is necessary for sportsbooks to remain in accordance with international KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.
If sportsbooks do not confirm their customer’s identity, they might find themselves complicit in criminal action, cater to individuals who aren’t legally licensed (or old enough) to gamble within their particular state or nation, damage relationships with their payment providers, and even send payments into the wrong person/persons. None of them are good for a sportsbook that wants to stay legal, and that wants to provide their clients with the highest standards of service.
Unsafe, illegitimate sportsbooks tend to skirt this safety feature, plus they do not often require customers to confirm their identity. When a sportsbook is only looking to fatten their own pockets by ripping customers off, they are not likely to be very concerned about becoming legally compliant or constructing their own reputation within the marketplace. They are only trying to make off with your money and disappear!
3. They’ve Got SSL Protection
SSL (Secure Sockets Layer) security is standard security technology that guarantees an encrypted link between a web server and a browser.
That’s a lot of web-specific jargon, but this encryption ensures that all data passed between you and the website remains confidential. SSL technology is used by millions of sites across the globe to safeguard financial transactions with paying customers. When websites use this, it is almost impossible for poor actors to steal sensitive financial or personal information.
Of course, the practice of depositing and withdrawing in your sportsbook involves the transport of sensitive financial advice. Therefore, your sportsbooks ought to be running an SSL-encrypted link (for your protection and theirs). Any sportsbook that is not running SSL either is especially trying to steal your information, or they do not have some comprehension of the most rudimentary aspects of internet security. Both are reasons to steer clear, and some other sportsbook that is not armed with SSL protection isn’t worth your time.
How can you identify a site that’s SSL protected? Easy! Just search for sites with https:// at the start 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 solid reputation, you’ve probably landed on a secure sportsbook. The longer a sportsbook has existed, the safer it is managing your money. A sportsbooks’ continued existence is evidence of their safety. If they had been ripping bettors off, there’s no way they could stay in operation.
All the sportsbooks we examine have proven track record of legitimacy, but if you want to widen your search, there is many different channels you’ll be able to go through as well. The subreddit r/sportsbooks is a great place to investigate the strengths and weaknesses of certain books within the betting community.
5. They’ve Got A Responsive Client Service Department
If you call, email, or send a message for your sportsbook and get a near-instantaneous reply, you are dealing with a safe sportsbook.
Customer service departments that are actual, responsive, and knowledgeable do not emerge out of thin air. A well-furnished, fully-functional customer support section is expensive to employees, train, and function, and as such, it is just safe sportsbooks that can feasibly conduct them.
6. They Aren’t Promoting Anything Outrageous
A safe sportsbook is not likely to be offering bettors outrageous perks that appear too good to be true. Any sportsbook which masquerades as a charitable operation is likely trying to engineer innovative techniques to distinguish you from your cash.
What exactly do we mean when we say outrageous? Well, if you find that the Pats in +1000 on the moneyline — or a 500% bonus deal — steer clear. Ensure the odds, lines, bonuses, 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 mobile platform, and considerate, modern UX and UI, you’ve undoubtedly found a secure sportsbook. These attributes are the hallmarks of the highest quality books, and no publication that is spent so much time on supplying bettors with a top notch experience are going to be appearing rip off you.
Scammy sportsbooks just don’t stay in business for long. Creating a perfect user experience not only requires a huge financial investment, but a significant quantity of time too. Evidently, this would preclude them from creating an excellent platform for bettors.
Located A Safe Sportsbook? Start Building Your Bankroll!
Finding a trusted sportsbook is undoubtedly the most crucial component of sport betting. Now you know how to find a person, you are able to brush up on the fundamentals with our gambling 101 guides, where we walk you through the fundamentals while demystifying the essential fundamentals of sports betting which might appear complicated at first blush.
Want to learn more about the business of sports betting and why online sportsbooks run how they do? Check out our guide to internet sportsbooks’ complicated (but legal) status in the USA.
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