Spotting A Scam-Sportsbook
The easiest way to validate whether or not an online betting site is reputable is to visit www.sportschoices.org. There, bettors will be able to find a comprehensive list outlining the most well respected sportsbooks on the web.
Five Warning Flags to Keep an Eye Out For
To help bettors better navigate the online betting web, we've assembled a brief list of 5 things to keep an eye out for when browsing the web for a sportsbook. These guidelines will help you better recognize untrustworthy sites.
1. Reputation
The only way to build up a reputable betting site is with time. Therefore, bettors should shy away from brand new sportsbooks, especially ones that display a lack of industry knowledge. It follows that online bettors should migrate to bookies that have been in business for several years and that are vindicated as well. Newer sportsbooks that are associated with industry leaders are more reputable than a site without backing.
2. Location
First thing to look for in a new sportsbook is whether or not they are licensed and where that license hails. If the bookie isn't licensed, there's no reason to take your business there. Likewise, you should favor bookmakers that are licensed in gambling-friendly nations that are well-respected.
3. Restricted Deposit Method
This is one of the easiest flags to detect. Basically, if a sportsbook limits your deposit method to just one company, i.e. 'we only accept western union', then you now you have a pretty suspicious sportsbook on your hand.
4. Bonuses
Any lucrative sportsbook bonuses that are too-good-to-be-true generally are. Oftentimes 'scambooks' will list eye-catching bonuses, only to convince some bettors to jump ship. Therefore, it's important to exercise some restraint when getting excited about bonuses. A vindicated sportsbook generally offers bonuses within the 10%-50% range.
5. Payout Troubles
While it may be too late, having trouble withdrawing your winnings is a sure telltale sign of a scam. Recent advances in technology have made withdrawing funds easier than ever, whether it be through Bitcoin or a banking service. So, if a sportsbook is giving you unnecessary complications, you're definitely going to want to take your business elsewhere. Any payout that's not immediately available, once bonus or rollover requirements have been met, is unacceptable. Once again, feel free to check out www.sportschoices.org to get a complete look at reputable sportsbooks that is trusted by millions.