Sports gambling is larger than ever, and there haven’t been more choices to decide on an online sportsbook. With dependable sportsbooks occupying exactly the same market share as fraudulent ones, it’s becoming harder and harder to discern ones that function with integrity from their scammy counterparts.
We created this guide to help you browse the selection procedure. Scammers might be getting more sophisticated, but there are still lots of important indicators for secure, legitimate sportsbooks.
The Importance of Picking of A Safe Sportsbook
When it comes to sports betting, it is 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 ensured that this sportsbook will completely rip you off, there’s a Fantastic chance that one of the following problems might happen:
Delayed payouts on your winnings (think 45+ days)
Absent customer service Canceling/not crediting winning wagers (either partly or in their entirety)
Stealing your money outright Viruses infecting your pc or Cell Phone Of course, signing up at safe sportsbook means that you’ll avoid any of the above consequences. To prevent any of these headaches, it is up to you to hold your sportsbook liable — do not settle for anything less than the most exacting criteria for your betting experience!
If you perform these checks prior to sending your cash over to a sportsbook, you’ll understand 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 their legal right to operate. Sportsbooks licenses ensure that their books are open to lawful, third-party audits, and consistently pass examinations to ensure they aren’t defrauding their clients.
If a sportsbook includes a permit from a 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 areas that sportsbooks seek licensure in are:
Different islands within the Caribbean Archipelago
Select Native American bookings within North America
That said, just because you can not identify a sportsbook license straight away doesn’t indicate it isn’t safe. You’ll have the ability to locate their lawful surgeries license 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 therefore, we recommend you adhere to sportsbooks who have bothered to jump through the proper legal permissions hoops.
2. They Confirm Your Identity
Within our guide to banking at your sportsbook, we discuss how to successfully navigate the withdrawal procedure, which always includes verifying your identity.
Legitimate sportsbooks, like such sites for online sports gambling, are licensed and controlled companies. Therefore, they’re expected to obey the rules and regulations in the region they sought licensure within.
These rules consistently include verifying the identity of the customers before 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 verify their customer’s individuality, they might 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 repayment providers, and also send payments into the erroneous person/persons. None of these are good for a sportsbook that wishes to remain legal, and that wants to supply their customers with the highest standards of service.
Unsafe, illegitimate sportsbooks tend to skirt this security feature, and they do not often need customers to verify their identity. When a sportsbook is simply looking to fatten their own pockets by ripping customers off, they aren’t going to be quite worried about becoming legally compliant or constructing their own reputation within the marketplace. They are just trying to get off with your cash and disappear!
3. They’ve Got SSL Protection
SSL (Secure Sockets Layer) protection is standard security technologies 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 around the world to protect financial transactions with paying customers. When websites utilize this, it’s nearly impossible for bad 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 should be operating an SSL-encrypted connection (for your own protection and theirs). Any sportsbook that isn’t running SSL either is expressly trying to steal your data, or they do not have some understanding of the most basic aspects of internet security. Both are reasons to steer clear, and some other sportsbook that isn’t equipped with SSL protection is not worth your time.
How can you identify a site that’s SSL protected? Easy! Just look for sites with https:// at the start of the web address along with also a locked icon. That is all it takes!
4. Your Sportsbook Has An Excellent Online Reputation
If your sportsbook has a good reputation, you’ve probably landed onto a secure sportsbook. The longer a sportsbook has been around, the safer it is managing your money. A sportsbooks’ continued presence is proof of their security. If they had been ripping bettors away, there is no way they could stay in operation.
Each of the sportsbooks we review have proven track record of legitimacy, but if you want to widen your search, there’s a variety of channels you can go through also. The subreddit r/sportsbooks is a great place to inquire into the strengths and weaknesses of specific books inside the gambling community.
5. They’ve Got A Responsive Client Service Department
If you call, email, and/or send a message for your sportsbook and get a near-instantaneous response, you are dealing with a secure sportsbook.
Customer support departments that are actual, responsive, and educated don’t emerge out of thin air. A well-furnished, fully-functional customer support department is expensive to staff, train, and operate, and therefore, it is only safe sportsbooks that can feasibly conduct them.
6. They Aren’t Promoting Anything Outrageous
A safe sportsbook is not likely to be supplying bettors outrageous perks that appear too good to be true. Any sportsbook that masquerades as a charitable operation is most likely attempting to engineer innovative techniques to distinguish you from your cash.
What exactly do we mean when we say crazy? Well, if you see that the Pats in +1000 about the moneyline — or a 500% bonus offer — steer clear. Ensure the odds, bonuses, lines, and limitations align with industry standards.
7. Well-Developed Interface & Modern UX and UI
If you come across a sportsbook that has got a fully operational interface, live gaming choices, a nicely developed cellular platform, and considerate, modern UX and UI, you have definitely found a safe sportsbook. These attributes are the hallmarks of the highest quality books, and no book that is spent so much time on supplying bettors with a top notch experience will be looking rip you off.
Scammy sportsbooks just don’t remain in business for very long. Developing an optimal user experience not just takes a massive monetary investment, but a significant amount of time as well. Evidently, this would preclude them from developing a quality platform for bettors.
Found A Safe Sportsbook? Start Building Your Bankroll!
Finding a trustworthy sportsbook is undoubtedly the most vital component of sport gambling. 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 gambling that may seem complicated at first blush.
Want to learn more about the company of sports betting and why online sportsbooks operate the way they do? Have a look at our guide to online sportsbooks’ complicated (but legal) status in the USA.
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