Some sports fans know so much about their favorite sport that they become curious about whether or not they can turn their knowledge to their advantage and make a little money betting on the games. Since in the US betting is not illegal, but being a bookie is, many bettors turn to online bookies (also called “books” or “outs”). There are hundreds, if not thousands, of websites that are eager to take your money. With so many to choose from, what should a novice look for when choosing an online sportsbook?
First LSM999, do your research. Look at betting forums on the Web to see what other bettors think of the outs you are considering. If a place is non-paying or slow to pay, you will hear about it here. Find out how long they have been in business and whether they are legally licensed in the country in which they’re doing business. Learn as much as you can about their customer service and overall dependability.
Second, decide exactly what options you’re looking for. Do you plan to bet mainly on one sport, or several? How does the company deal with money transfers? Is the minimum bet a comfortable one for you? Some books offer a “sign up bonus” for new bettors. If you like everything else about the out consider the bonus gravy, but don’t sign up merely because they offer a huge bonus. This can be a warning sign that they’re not incredibly professional.
Finally, diversify. Different places give different odds and comparison-shopping is as important when placing individual bets as it is when buying anything else. Also, if you have your business spread out, you will not lose everything in the event that a bookie goes bankrupt. See if you really do know enough to beat the odds and enjoy!