Sports gambling is bigger than ever, and there have never been more choices to choose an online sportsbook. With reliable sportsbooks occupying the same market share as fraudulent ones, it is getting harder and harder to differentiate ones that operate with integrity from their scammy counterparts.
We created this guide that will help you navigate the selection process. Scammers may be getting more complicated, but there are still lots of key indicators for secure, legitimate sportsbooks.
The Importance of Deciding of A Safe Sportsbook
When it comes to sports gambling, it is all for naught unless your sportsbook matches your deposits and winnings.
Say, hypothetically, that you end up registering with an illegitimate sportsbook, and then make a deposit. While it’s by no means guaranteed that this sportsbook will completely rip you off, there is a good chance that one of the following issues might happen:
Delayed payouts in your winnings (think 45+ times )
Absent customer service Canceling/not crediting winning wagers (either partly or in their entirety)
Stealing your money Viruses infecting your pc or mobile phone Needless to say, registering at safe sportsbook means you’ll prevent any of the aforementioned consequences. To prevent any of these headaches, it is your responsibility to maintain your sportsbook liable — don’t settle for anything less than the most exacting criteria for your gambling experience!
If you perform the following checks before sending your cash over to a sportsbook, then you will understand that your funds (and betting experience) are at the hands of a quality book.
1. Scrutinize Your Sportsbooks’ License Any secure online sportsbook will prominently display their operating license that ensures that their lawful right to function. Sportsbooks licenses make sure that their novels are open to legal, third party audits, and consistently pass examinations to be sure they aren’t defrauding their clients.
When a sportsbook has a license in the well-respected region, you can rest easy that it is completely legit. This, alone, is a sufficient requirement of a legitimate sportsbook.
The most common areas that sportsbooks search licensure in are:
Various islands within the Caribbean Archipelago
Select Native American reservations within North America
That said, just because you can’t identify a sportsbook license straight away does not mean that it isn’t safe. You will be able to locate their lawful surgeries permit 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 security, and therefore, we advise that you adhere to sportsbooks who have bothered to jump through the correct legal permissions hoops.
2. They Confirm Your Identity
In our guide to banking at your sportsbook, we talk about how to successfully navigate the withdrawal procedure, which always includes verifying your identity.
Legitimate sportsbooks, like such web sites for internet sports gambling, are licensed and regulated companies. Therefore, they’re expected to obey the rules and regulations in the region that they sought licensure within.
These rules consistently include checking the identity of their clients prior to sending payouts, which is necessary for sportsbooks to stay in accordance with global KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.
If sportsbooks do not verify their customer’s individuality, they could find themselves complicit in criminal activity, cater to bettors that aren’t legally licensed (or old enough) to gamble within their specific state or country, damage relationships with their payment suppliers, and even send payments into the erroneous person/persons. None of them are good for a sportsbook which wants to stay legal, and who would like to supply their customers with the highest standards of support.
Unsafe, illegitimate sportsbooks tend to skirt this security feature, plus they don’t often need customers to verify their identity. When a sportsbook is simply seeking to fatten their own pockets by ripping customers off, they are not going to be quite worried about becoming legally compliant or building their reputation within the marketplace. They’re just trying to make off with your money and vanish!
3. They’ve Got SSL Protection
SSL (Secure Sockets Layer) protection is standard security technologies 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 private. SSL technology is used by tens of thousands of sites around the world to safeguard financial transactions with paying clients. When sites use this, it is almost impossible for poor actors to steal sensitive financial or personal information.
Of course, the practice of withdrawing and depositing at your sportsbook involves the transfer of sensitive financial information. Therefore, your sportsbooks should be running an SSL-encrypted link (for your protection and theirs). Any sportsbook that isn’t running SSL either is expressly hoping to steal your data, or they don’t have some comprehension of the most rudimentary aspects of online security. Both are grounds to steer clear, and any 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 look for sites with https:// in the beginning of the web address along with a locked icon. That is all it takes!
4. Your Sportsbook Has A Great Online Reputation
If your sportsbook has a solid reputation, you have probably landed onto a secure sportsbook. The longer a sportsbook has existed, the safer it is managing your money. A sportsbooks’ continued existence is proof of their security. If they were ripping bettors off, there is no way they can remain in operation.
Each of 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’ll be able to go through as well. The subreddit r/sportsbooks is a great place to investigate the strengths and weaknesses of specific books within the betting community.
5. They’ve Got A Responsive Customer Service Department
If you telephone, email, and/or send a message for your sportsbook and get a near-instantaneous reply, you are dealing with a secure sportsbook.
Customer service departments that are real, responsive, and educated don’t emerge out of thin air. A well-furnished, fully-functional customer support section is expensive to employees, train, and operate, and therefore, it is just safe sportsbooks that can feasibly run them.
6. They Aren’t Promoting Anything Outrageous
A secure sportsbook isn’t going to be supplying bettors outrageous perks that look too good to be true. Any sportsbook that masquerades as a charitable operation is likely trying to engineer creative techniques to distinguish you from your cash.
What exactly do we mean when we say outrageous? Well, if you see the Pats in +1000 on the moneyline — or even a 500% bonus offer — steer clear. Ensure the odds, bonuses, lines, and limits align with business standards.
7. Well-Developed Interface & Modern UX and UI
If you come across a sportsbook that’s got a fully functional interface, live gaming choices, a well developed mobile platform, and considerate, modern UX and UI, you’ve definitely found a safe sportsbook. These attributes are the hallmarks of the highest quality books, and no book that’s spent so much time on supplying bettors with a top notch experience are going to be looking rip you off.
Scammy sportsbooks just don’t remain in business for long. Creating an optimal user experience not only takes a massive financial investment, but a significant amount of time as well. Evidently, this would preclude them from developing an excellent platform for bettors.
Found A Safe Sportsbook? Start Building Your Bankroll!
Finding a trusted sportsbook is unquestionably the most vital aspect of sports betting. Now you understand how to find one, you can brush up on the basics with our betting 101 guides, where we walk you through the fundamentals while demystifying the vital principles of sports betting that might seem complicated at first blush.
Want to find out more about the company of sports betting and why online sportsbooks run how they do? Have a look at our guide to internet sportsbooks’ complicated (but lawful ) status in the USA.