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There's a new and explosive trend in the world of gambling and sports betting? Internet sports betting where millions of folks enjoy legal online sports betting wagering many billions of dollars on a yearly basis. The web offers many opportunities for offshore sportsbook betting and it has revolutionised the way people bet. With any new form of betting you'll find always dangers and pitfalls that you should look out for. Online sports betting is no exception. Although online sportsbooks have made it simpler to bet on all your favourite sports the net is riddled with unsafe and unlicensed sportsbooks that are only too happy to take your money and run. It is these cowboys that have made it much harder for the legitimate safe gambling, regulated and licensed online sportsbetting industry to operate, and they have given the industry as a whole a bad name.
It is therefore imperative that anybody who could possibly be considering throwing some cash at their favourite team or sport, look closely at the online sports betting site they are betting with. There are various of aspects to think about when assessing whether to open an account with an online sportsbook.
Will be the sportsbook licensed by a government licensing authority? Their web page should state the country the book is licensed in. If there is no mention of their licensing information on their own web-site then it's highly probable that they may be not licensed by any government agency. Betting having an unlicensed betting outfit is akin to throwing your money away. Also some countries have more stringent regulations, oversee their licensees more closely, and require more funds for them to use, eg. UK.
Security - Will be the sportbook using the latest internet security mechanisms? Most reputable betting outfits have highly advanced security on their sites to avoid personal and banking information being exposed and breached.
Depositing options. The sportsbook must have a number of depositing options and preferably accept 3rd party e-wallets for example Neteller and Moneybookers. Using a 3rd party e-wallet service such as Neteller lessens the need to send personal and financial information to every book you sign up with.
24 hour customer support by mobile device and e-mail. A lot of the reputable sportsbooks offer 24 hour support by mobile phone, email and online chat.
Incorporates extensive features offering many different betting types and competitive odds. Some give a multitude of betting types and other features for example statistics on all of their betting products. Some may specialise in betting on a particular sport and may offer the top odds for that sport but offer lousy odds on others. Due to this reason many professional bettors shop around and open accounts with a number of reputable sportsbooks to receive the very best deals.