As far as online sportsbooks go, there is no one single factor that separates the best from the worst. Rather, several areas are taken into account when weighing up the quality of a site that offers betting on sports and racing.
If new or inexperienced punters do not know what to look for, there is always the risk that they may be caught up in some or the other noxious scam. If, however, punters prepare themselves by finding out what can be expected from betting sites, in terms of offerings, security, banking methods, and more, they should be able to be more discerning, and hopefully avoid fraudsters posing as bookmakers.
Licensed Online Sportsbooks
Before making any commitments whatsoever to an online sportsbook, punters ought to make sure that the site has a valid license. All the best sportsbooks on the worldwide web are licensed and legal.
Punters should take note that such licenses are issued by national gambling commissions, such as the Malta Gaming Authority or that of the government of Gibraltar. License holders are committed to operating according to the relevant jurisdiction’s regulations and requirements, and are also regulated by the issuing authority.
Also worthy of checking before signing up is whether or not the sportsbook has received any endorsements by independent industry regulators, which can also be a sign of trustworthiness. It can also help to read reviews by punters who have first-hand experience of betting on the site.
Range of Sport and Racing Markets
Rather than making an assumption, punters should always check that online sportsbooks do, in fact, offer their favourite sport codes among their available markets. In fact, punters should go one step further, and ensure that, along with their favourite codes, the site offers many other markets besides, including horse and greyhound racing, and novelty markets.
While investigating the various markets on offer, punters should also ensure the top internet based betting sites offers betting opportunities on major events that are held locally and internationally.
The best online sportsbooks usually offer markets such as rugby, soccer, cricket, basketball, American football, golf, tennis, field and ice hockey, cycling, and swimming, as well as political elections, financial markets, and entertainment.
In addition to market range, the best sites also offer punters a range of betting options for the different markets. These would include straightforward win bets, multi bets, flexi bets, and exotic bets.
Banking and Punter Security
Real money bets is an integral part of betting on sports, whether punters visit land-based or online sportsbooks. The best of those online provide secure banking options that allow punters to make deposits and withdrawals.
Using SSL data encryption technology to protect punters’ details, such banking services accept credit cards, bank transfers, prepaid cards, and e-wallets as payment methods.
Arguably just as important as banking services are punter support services, which can assist with account and other queries. Such services are usually available 24 hours a day, via telephone numbers, live chat, and email.