Sports gambling is larger than ever, and there have never been more options to decide on an online sportsbook. With reliable sportsbooks occupying exactly the same market share as fraudulent ones, it is getting harder and harder to discern ones which function with integrity from their scammy counterparts.
We created this guide that will help you navigate the selection process. Scammers may be getting more sophisticated, however there are still plenty of key indicators for safe, legitimate sportsbooks.
The Significance of Deciding of A Safe Sportsbook
When it comes to sports gambling, it’s all for naught unless your sportsbook matches your deposits and winnings.
Say, hypothetically, that you wind up signing up having an illegitimate sportsbook, and then make a deposit. While it’s by no means guaranteed This sportsbook will totally rip you off, there is a Fantastic chance that one of the following problems might occur:
Delayed payouts in your winnings (believe 45+ days)
Absent customer service Canceling/not crediting winning wagers (either partially or in their entirety)
Stealing your money Viruses infecting your pc or mobile phone Needless to say, registering at safe sportsbook means that you’ll prevent any of the aforementioned 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 standards for your betting experience!
If you perform these checks prior to sending your money over to a sportsbook, 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 guarantees that their lawful right to function. Sportsbooks licenses ensure that their books are open to lawful, third-party audits, and pass examinations to ensure they are not defrauding their customers.
If a sportsbook has a permit in the well-respected area, you may rest easy that it is completely legit. This, alone, is a sufficient condition of a legitimate sportsbook.
The most Frequent areas that sportsbooks seek licensure in are:
Different islands within the Caribbean Archipelago
Select Native American reservations within North America
That being said, just because you can not spot a sportsbook license right away does not mean that it isn’t safe. You’ll be able to locate their lawful operations license 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 security, and therefore, we recommend you stick 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 talk about how to successfully browse the withdrawal process, which always includes verifying your identity.
Legitimate sportsbooks, like these sites for online sports betting, are licensed and controlled companies. As such, they’re expected to comply with the rules and regulations in the area they sought licensure within.
These rules always include verifying the identity of their customers 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 verify their customer’s individuality, they could find themselves complicit in criminal activity, cater to individuals who aren’t legally authorized (or old enough) to gamble within their particular state or nation, damage relationships with their payment providers, and even send payments to 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 greatest standards of support.
Unsafe, illegitimate sportsbooks have a tendency to skirt this security feature, plus they don’t often need customers to confirm their identity. If a sportsbook is only looking to fatten their own pockets by ripping customers off, they are not going to be very worried about being legally compliant or building their own reputation within the market. They are just looking to make off with your money and disappear!
3. They’ve Got SSL Protection
SSL (Secure Sockets Layer) protection is standard security technology which ensures an encrypted link between a web server and a browser.
That is a good deal of web-specific jargon, but this encryption ensures that all data passed between you and the web site remains private. SSL technology is used by millions of sites across the world to safeguard financial transactions with paying customers. When sites utilize this, it is almost impossible for poor actors to steal sensitive financial or personal information.
Obviously, the practice of depositing and withdrawing at your sportsbook requires the transfer of sensitive financial advice. Therefore, your sportsbooks should be operating an SSL-encrypted connection (for your own protection and theirs). Any sportsbook that is not running SSL either is especially hoping to steal your data, or they do not have any comprehension of the most rudimentary aspects of internet security. Both are reasons to steer clear, and any sportsbook that is not armed with SSL protection is not worth your time.
How can you determine a site that’s SSL protected? Easy! Just search for websites with https:// at the beginning of the web address and also a locked icon. That’s all it takes!
4. Your Sportsbook Has A Great Online Reputation
In case your sportsbook has a solid reputation, you have probably landed on a safe sportsbook. The more a sportsbook has existed, the more powerful it is managing your money. A sportsbooks’ continued presence is evidence of the safety. If they were ripping bettors off, there is no way they can stay in business.
Each of the sportsbooks we review have proven track record of legitimacy, but if you want to expand 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 within the betting community.
5. They’ve Got A Responsive Customer Service Department
If you telephone, email, or send a message to your sportsbook and get a near-instantaneous response, you are dealing with a safe sportsbook.
Customer service departments that are real, responsive, and knowledgeable don’t emerge out of thin air. A well-furnished, fully-functional customer support department is expensive to staff, train, and operate, and as such, it’s just safe sportsbooks that may feasibly run them.
6. They Are Not Promoting Anything Outrageous
A secure sportsbook is not likely to be supplying bettors outrageous perks which look too good to be true. Any sportsbook that masquerades as a charitable operation is most likely trying to engineer innovative ways to distinguish you from your money.
What exactly do we mean when we say outrageous? Well, if you find that the Pats in +1000 on the moneyline — or a 500% bonus offer — steer clear. Make sure the odds, bonuses, lines, and limits 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 betting options, a nicely developed mobile platform, and considerate, modern UX and UI, you have undoubtedly found a safe sportsbook. These attributes are the hallmarks of the maximum quality books, and no publication that is spent so much time on providing bettors with a top notch experience will be looking rip you off.
Scammy sportsbooks just don’t remain in business for very long. Creating a perfect user experience not only requires a massive monetary investment, but a substantial quantity of time too. Obviously, this would prevent them from creating an excellent platform for bettors.
Located A Safe Sportsbook? Start Building Your Bankroll!
Finding a trustworthy sportsbook is unquestionably the most vital component of sports gambling. Now you understand how to find one, you can brush up on the fundamentals with our betting 101 guides, where we walk you through the basics 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? Have a look at our guide to internet sportsbooks’ complicated (but lawful ) status in the United States.
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