There’s a new and explosive trend on earth of learn gambling and sports betting? Internet sports betting where millions of people enjoy legal online sports betting wagering many billions of dollars annually. The web offers many opportunities for offshore sportsbook betting and it has revolutionised the way people bet. With any new form of betting you will find always dangers and pitfalls that you have to be aware of. 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 that are only too pleased to take your hard earned money and run. It’s these cowboys that have made it much harder for the legitimate safe, regulated and licensed online sportsbetting industry to use, and they have given the sector as a whole a bad name.

Therefore it is crucial 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 a number of factors to consider when assessing whether or not to open an account having an online sportsbook.

Is the sportsbook licensed by a government licensing authority? Their web page should state the country the book is licensed in. If there isn’t any mention of their licensing information on their own web page then it is highly probable that they’re not licensed by any government agency. Betting with the 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 operate, eg. UK.

Security – Is the sportbook using the-latest internet security mechanisms? Most reputable betting outfits have highly advanced security on their own web pages 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. Most of the reputable sportsbooks offer 24 hour support by smartphone, e-mail and online chat.

Incorporates extensive features offering a number of 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 most effective 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 most effective deals.

In conclusion these are the main factors I consider when deciding on opening an account with a sportsbook. With the convenience of the web it really is so much simpler to do the research as well as to make an informed decision. Many sports betting sites offer the capability to compare the odds of a range of reputable sportsbooks so you know where the best odds and deals are.