There’s a new and explosive trend on this planet of gambling and sports betting? Internet sports betting where millions of folks enjoy legal online sports betting wagering many billions of dollars every year. The internet offers many opportunities for offshore sportsbook betting and it has revolutionised the way people bet. With any new type of betting there are actually always dangers and pitfalls that you should consider. Online sports betting is no exception. Although online sportsbooks have made it easier to bet on all of your favourite sports the net is riddled with unsafe and unlicensed sportsbooks which are only too happy to take your hard earned money and run. It’s 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 industry as a whole a bad name.

It is therefore imperative that anybody who might be considering throwing some money at their favourite team or sport, look closely at the online sports bookie betting site they are betting with. There are various 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 is absolutely no mention of their licensing information on their own web page then it really is highly probable that they may be not licensed by any government agency. Betting having an unlicensed betting outfit is similar to throwing your hard earned money away. Also some countries have more stringent regulations, oversee their licensees more closely, and require more funds for them to operate, eg. UK.

Security – Is the sportbook using the latest internet security mechanisms? Most reputable betting outfits have highly advanced security on their sites to prevent 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 for example Neteller lessens the need to send personal and financial information to every book you sign up with.

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

Incorporates extensive features offering a variety of betting types and competitive odds. Some offer 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 very best odds for that sport but offer lousy odds on others. Because of this reason many professional bettors shop around and open accounts with a range of reputable sportsbooks to receive the very best deals.

To conclude those are the main factors I consider when deciding on opening an account with a sportsbook. With the convenience of the web it is so much easier to do the research and also to make an educated decision. Many sports betting sites offer the capability to compare the odds of a range of reputable sportsbooks so you know where the very best odds and deals are.