There’s a new and explosive trend on the planet of great gambling (Check This Out) and sports betting? Internet sports betting where millions of individuals enjoy legal online sports betting wagering many billions of dollars on a yearly basis. The internet offers many opportunities for offshore sportsbook betting and it has revolutionised the way people bet. With any new type of betting you can find always dangers and pitfalls that you need to watch out for. Online sports betting is no exception. Although online sportsbooks have made it easier to bet on all of your favourite sports the web is riddled with unsafe and unlicensed sportsbooks that will be only too happy to take your hard earned money and run. It really is these cowboys which have made it more challenging for the legitimate safe, regulated and licensed online sportsbetting industry to operate, and they have given the area as a whole a bad name.

Therefore it is imperative that anybody who could possibly be considering throwing some money at their favourite team or sport, look closely at the internet sports betting site they can be betting with. There are numerous of factors to consider when assessing whether to open an account through an online sportsbook.

Is the sportsbook licensed by a government licensing authority? Their web-site should state the country the book is licensed in. If there’s absolutely no mention of their licensing information on their own web site then it is highly probable that they are not licensed by any government agency. Betting with 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 – Is the sportbook using the-latest security mechanisms? Most reputable betting outfits have highly advanced security on their own websites to stop 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 such as Neteller and Moneybookers. Using a 3rd party e-wallet service for example Neteller reduces the need to send personal and financial information to every book you sign up with.

24 hour customer support by phone and e-mail. A lot of the reputable sportsbooks offer 24 hour support by phone, email and online chat.

Incorporates extensive features offering an assortment of betting types and competitive odds. Some provide a multitude of betting types as well as other features such as statistics on all of their betting products. Some may specialise in betting on a particular sport and may offer the best odds for that sport but offer lousy odds on others. For this reason many professional bettors shop around and open accounts with a range of reputable sportsbooks to receive the very best deals.

Overall those are the main factors I consider when deciding on opening an account with a sportsbook. With the convenience of the internet it really is so much easier to do the research and also to make an informed decision. Many sports betting sites offer the ability to compare the odds of a range of reputable sportsbooks so you know where the most effective odds and deals are.