Sports betting is larger than ever, and there haven’t been more options to decide on an online sportsbook. With reliable sportsbooks occupying exactly the identical market share as fraudulent ones, it’s getting harder and harder to differentiate ones that function with integrity from their scammy counterparts.
We created this guide that will help you browse the selection process. Scammers may be getting more sophisticated, but there are still lots of important indicators for secure, legitimate sportsbooks.
The Significance of Picking 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 end up signing up having an illegitimate sportsbook, and then make a deposit. While it’s by no means ensured that this sportsbook will totally rip you off, there’s a good chance that one of the following issues might occur:
Delayed payouts on your winnings (believe 45+ times )
Absent customer support Canceling/not crediting winning wagers (either partially or in their entirety)
Stealing your money Viruses infecting your pc or Cell Phone Needless to say, registering at safe sportsbook means you’ll prevent any of the aforementioned consequences. To avoid any of these headaches, it’s up to you to hold your sportsbook liable — don’t settle for anything less than the rigorous standards for your betting experience!
If you perform the following checks prior to sending your cash over to a sportsbook, then you’ll understand your money (and gambling experience) are in the hands of a quality book.
1. Scrutinize Your Sportsbooks’ Permit Any safe online sportsbook will prominently display their operating license that guarantees their legal right to operate. Sportsbooks licenses ensure that their novels are open to legal, third-party audits, and pass examinations to ensure they aren’t defrauding their customers.
When a sportsbook includes a license from a well-respected region, you may rest easy that it is completely legit. This, alone, is a sufficient requirement of a legitimate sportsbook.
The most Frequent regions that sportsbooks search licensure in are:
Different islands within the Caribbean Archipelago
Select Native American bookings within North America
That being said, just because you can not identify a sportsbook license right away doesn’t mean that it isn’t safe. You will have the ability to find their lawful operations permit somewhere on their site.
Conversely, if you land on a sportsbook and you’ll be able to tell it is not licensed, reconsider sending your money to them. Licensing ensures safety, and as such, we advise that you stick to sportsbooks who have bothered to jump through the correct legal permissions hoops.
2. They Confirm Your Identity
In our guide to banking in your sportsbook, we talk about how to successfully browse the withdrawal procedure, which always includes verifying your identity.
Legitimate sportsbooks, like such sites for internet sports gambling, are licensed and regulated companies. Therefore, they are required to comply with the rules and regulations in the area that they sought licensure within.
These principles consistently include checking the identity of the clients before sending payouts, which is necessary for sportsbooks to remain in accordance with global KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.
If sportsbooks do not verify their client’s individuality, they might find themselves complicit in criminal action, cater to individuals that aren’t legally licensed (or old enough) to gamble within their particular state or country, harm relationships with their repayment suppliers, and even send payments to the erroneous person/persons. None of these are good for a sportsbook that wishes to remain legal, and who would like to supply their customers with the greatest standards of support.
Unsafe, illegitimate sportsbooks tend to skirt this safety feature, plus they don’t often need customers to verify their identity. If a sportsbook is only looking to fatten their own pockets by ripping customers off, they aren’t likely to be very concerned about becoming legally compliant or constructing their own reputation within the market. They’re only looking to get off with your money and vanish!
3. They’ve Got SSL Protection
SSL (Secure Sockets Layer) protection is standard security technology which guarantees 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 confidential. SSL technology is used by millions of sites across the globe to protect financial transactions with paying customers. When sites utilize this, it is nearly impossible for poor actors to steal sensitive financial or personal information.
Of course, the process of depositing and withdrawing in your sportsbook involves the transfer of sensitive financial advice. As such, your sportsbooks should be running an SSL-encrypted link (for your protection and theirs). Any sportsbook that is not running SSL either is especially hoping to steal your information, or they don’t have any understanding of the most rudimentary facets of online security. Both are grounds to steer clear, and some other sportsbook that is not armed 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:// at the start of the web address and 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 safe sportsbook. The longer a sportsbook has existed, the safer it is handling your cash. A sportsbooks’ continued existence is proof of the safety. If they were ripping bettors away, there’s no way they can remain in business.
All the sportsbooks we examine have demonstrated track record of validity, but if you would like to widen your search, there’s many different stations you can go through also. 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 Customer Service Department
If you call, email, and/or send a message for your sportsbook and find a near-instantaneous reply, you’re working with a safe sportsbook.
Customer service departments that are real, responsive, and knowledgeable don’t emerge from thin air. A well-furnished, fully-functional customer service department is expensive to employees, train, and function, and as such, it’s only safe sportsbooks that can feasibly conduct them.
6. They Are Not Promoting Anything Outrageous
A safe sportsbook is not going to be supplying bettors outrageous perks which appear too good to be true. Any sportsbook that masquerades as a charitable operation is most likely attempting to engineer innovative techniques to separate you from your money.
What exactly do we mean when we say crazy? Well, if you see the Pats at +1000 about the moneyline — or even a 500% bonus offer — steer clear. Make sure the odds, bonuses, lines, 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 cellular platform, and thoughtful, contemporary UX and UI, you have definitely found a safe sportsbook. These attributes are the hallmarks of the maximum quality novels, and no book that’s spent so much time on providing bettors with a top-quality experience are going to be appearing rip you off.
Scammy sportsbooks simply don’t remain in business for long. Developing a perfect user experience not just takes a huge financial investment, but a substantial amount of time too. Evidently, this would preclude them from developing an excellent platform for bettors.
Located A Safe Sportsbook? Start Building Your Bankroll!
Finding a trusted sportsbook is unquestionably the most crucial component of sport betting. Now that you understand how to find a person, you can brush up on the basics with our gambling 101 guides, where we walk you through the fundamentals while demystifying the essential principles of sports betting which might appear complicated at first blush.
Want to learn more about the company of sports betting and why online sportsbooks run how they do? Check out our guide to online sportsbooks’ complicated (but legal) status in the USA.