How To Spot A Scam Sportsbook
For a list of Honest Online Sportsbooks with solid reputations trusted by thousands of online sports bettors visit www.sportsintensity.com
Five Online Sportsbook Warning Flags
The five warning flags below will help you to avoid online sportsbook scams, but nothing is a sure prevention like abstinence. If you want to be 100% sure that your money is secure you should avoid betting online altogether. The only certain thing online is uncertainty.
1. Reputation
New (and untested) online sportsbooks typically struggle with lack of capital and/or business/bookie knowledge. Trust only sportsbooks that have been in business for several years, and only trust new sportsbooks that are associated with older reputable sportsbooks, or have been opened with experienced management.
2. GeoLocation
Online sportsbooks must be licensed and regulated by a online gambling-friendly nation. Licensing and rule-following may not guarantee total legitimacy, but a license still assures that the sportsbook abides by the rule of law and follows financial protocols designed to keep players safe.
3. Account Funding
Here’s a good one: “We only accept western union.” I lose sleep over that one still. Saw eight thousand of my own money go down the drain with once. Never again my friends.
4. Bonus Offers
Any online sportsbooks offering bonuses that look too good to be true usually won’t be around long enough to pay out the winnings. A confidence-inspiring sportsbook bonus usually falls within the 10% – 50% range.
5. Capital
Often the surest sign of impending doom is a delay in a payout. While payment processing has certainly become more complicated since the passage of the UIGEA in 2006, a sportsbook that values it’s customers will have multiple payout processors waiting in the wings. Any payout not immediately available (once bonus requirements have been satisfied) and able to be withdrawn (and delivered within a week or less): caveat emptor.
For a list of Honest Online Sportsbooks with solid reputations trusted by thousands of online sports bettors visit www.sportsintensity.com