Sports gambling is bigger than ever, and there haven’t been more options to decide on an online sportsbook. With dependable sportsbooks occupying the identical market share as fraudulent ones, it’s getting harder and harder to differentiate ones which operate with integrity out of their scammy counterparts.
We created this guide to help you navigate the selection process. Scammers might be getting more complicated, however there are still lots of key indicators for safe, legitimate sportsbooks.
The Significance of Deciding of A Safe Sportsbook
When it comes to sports betting, it is all for naught unless your sportsbook honors your winnings and deposits.
Say, hypothetically, that you wind up registering having an illegitimate sportsbook, and subsequently make a deposit. While it’s by no means ensured This sportsbook will completely rip you off, there’s a good chance that one of the following issues might happen:
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 Of course, registering at safe sportsbook means you’ll avoid any of the above consequences. To avoid at least one of these headaches, it is your responsibility to hold your sportsbook liable — don’t settle for anything less than the most exacting standards for your gambling experience!
If you perform these checks before sending your money over to a sportsbook, then you’ll understand your funds (and gambling 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 their lawful right to operate. Sportsbooks licenses ensure that their books are open to lawful, third-party audits, and pass examinations to ensure they are not defrauding their customers.
When 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 areas that sportsbooks seek licensure in are:
Various islands within the Caribbean Archipelago
Select Native American bookings within North America
That said, just because you can not spot a sportsbook license straight away does not indicate it isn’t safe. You’ll be able to find their lawful operations license somewhere on their website.
Conversely, if you land on a sportsbook and you’ll be able to tell it isn’t licensed, reconsider sending your cash to them. Licensing ensures safety, and as such, we recommend you stick to sportsbooks who have 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 procedure, which always includes verifying your identity.
Legitimate sportsbooks, such as such sites for internet sports betting, are licensed and controlled businesses. Therefore, they’re required to comply with the regulations and rules in the area that they sought licensure within.
These rules consistently include verifying the identity of their clients before sending payouts, which is vital for sportsbooks to remain in accordance with international KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.
If sportsbooks do not confirm their client’s individuality, they might find themselves complicit in criminal activity, cater to bettors who aren’t legally authorized (or old enough) to gamble within their particular state or country, damage relationships with their payment providers, and even send payments into the wrong person/persons. None of them are great for a sportsbook which wants to stay legal, and who would like to provide their clients with the greatest standards of service.
Unsafe, illegitimate sportsbooks tend to skirt this safety feature, and they do not often need customers to verify their identity. If a sportsbook is only seeking to fatten their own pockets by ripping customers off, they are not likely to be quite worried about becoming legally compliant or constructing their own reputation within the marketplace. They are just looking to get off with your money and disappear!
3. They’ve Got SSL Protection
SSL (Secure Sockets Layer) security 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 websites around the world to safeguard financial transactions with paying customers. When sites use this, it is almost impossible for bad actors to steal sensitive financial or personal info.
Of course, the process of withdrawing and depositing at your sportsbook requires the transfer of sensitive financial information. Therefore, your sportsbooks ought to be operating an SSL-encrypted link (for your protection and theirs). Any sportsbook that is not running SSL either is expressly hoping to steal your information, or they don’t have some comprehension of the most rudimentary facets of internet security. Both are reasons to steer clear, and also any sportsbook that isn’t armed with SSL protection is not worth your time.
How do you identify a site that’s SSL protected? Easy! Just look for websites with https:// at the beginning of the web address along with also a locked icon. That is all it takes!
4. Your Sportsbook Has A Great Online Reputation
In case your sportsbook has a solid reputation, you’ve probably landed onto a safe sportsbook. The longer a sportsbook has existed, the safer it is managing your money. A sportsbooks’ continued presence is evidence of their security. If they were ripping bettors away, there is no way they can stay in operation.
All the sportsbooks we examine have demonstrated track record of legitimacy, but if you would like to expand your search, there is many different stations you’ll be able to go through as well. The subreddit r/sportsbooks is an excellent place to inquire into the strengths and weaknesses of certain books inside the gambling community.
5. They’ve Got A Responsive Customer Service Department
If you call, email, and/or send a message to your sportsbook and get a near-instantaneous response, you are dealing with a safe sportsbook.
Customer support departments that are real, responsive, and knowledgeable don’t emerge from thin air. A well-furnished, fully-functional customer service section is expensive to staff, train, and operate, and therefore, it is just safe sportsbooks that can feasibly run them.
6. They Are Not Promoting Anything Outrageous
A secure sportsbook isn’t going to be supplying bettors outrageous perks which appear too good to be true. Any sportsbook that masquerades as a charitable operation is likely attempting to engineer innovative ways to separate you from your cash.
What exactly do we mean when we say outrageous? Well, if you see the Pats at +1000 on the moneyline — or a 500% bonus deal — steer clear. Make sure that the odds, lines, bonuses, and limits align with business standards.
7. Well-Developed Interface & Modern UX and UI
Should you stumble upon a sportsbook that has got a fully operational interface, live betting options, a nicely developed mobile platform, and thoughtful, modern UX and UI, you’ve definitely found a secure 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 are going to be appearing rip off you.
Scammy sportsbooks just don’t remain in business for long. Creating an optimal user experience not only takes a huge monetary investment, but a substantial amount of time as well. Obviously, 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 sports betting. Now that you know how to find a person, you are able to brush up on the basics with our betting 101 guides, where we walk you through the basics while demystifying the vital fundamentals of sports gambling which might seem complicated at first blush.
Want to find out more about the business 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.