The internet is awash with sports betting sites offering you the chance to use your knowledge to take on the biggest bookmakers in the world. There are some excellent sportsbooks out there and some that are truly terrible, so how do you pick the perfect sports betting site for your needs? You start by reading this article.
Online sports betting is big business. The industry is worth more than $65 billion annually, is growing year on year, and is expected to be worth $127.3 billion by 2027. It should not come as a surprise that the online sports betting sites clamber over each other in an attempt to attract new customers. The more punters they have on their books, the more money they stand to make. It is a simple concept.
It Pays To Do Some Research
It is more than worth your time to do some basic research before signing up for an online sports betting account. Check out some of the impartial reviews at mytopsportsbooks.com and read about each sportsbook’s positives and negative traits. The reviews you read here are written by gamblers who have signed up, deposited, and placed wagers at the sites in question. They highlight the good but also point out the bad, meaning you are not left with any unwanted surprises when you decide to part with your hard-earned cash.
Reading some impartial reviews will have your list of potential sports betting sites whittled down to one or two possibilities. Now is the time to delve a little deeper into the site to ensure the sportsbook is perfect for your needs.
What Are The Bonuses and Promotions?
Look at the welcome bonuses and ongoing promotions. Having a plethora of promotions to get involved with is not that important if you only occasionally place bets, but more important if you are a high-volume bettor.
Furthermore, look into whether or not the sportsbook offers any form of bonus for new depositing players. Almost all of them do because the lure of free cash is strong. Cast your eyes over the terms and conditions of any welcome offer because all come with wagering requirements attached to them. Playthrough rules have relaxed slightly in recent times, although some bookies still make it challenging to get your hands on the full bonus amount.
Some sites do not offer you cash bonuses but give you free bets instead. Free bets are a great way to have a punt on a long shot that you would not ordinarily think about. There may be a +2000 horse that you fancy but not enough to back with your own money. Use a free bet instead, if you have any, and it does not cost you anything if the horse loses, but you win a substantial payout if it manages to romp home.
How To Deposit and Withdraw Money From The Site
The end goal of betting on sports is to win money. Let us not pretend any differently, money is what makes the sports betting world turn around. The betting site wants you to put money in your account because it wants to try win that money from you. You want to make money and be able to withdraw any winnings quickly and with as few transaction costs as possible.
Every online sportsbook has several banking options available, but some have more than others. Expect almost all to allow deposits and withdrawals via credit and debit cards. Bank transfers are popular, too, as are prepaid cards and e-wallets.
Cryptocurrency, including Bitcoin, has become increasingly popular.
Head to your potential betting site and look at the list of banking options and the associated fees for each method. There is no point in joining an online sportsbook that does not accept credit cards if a credit card is all you have to fund your account! Likewise, if you prefer to use prepaid cards or cryptocurrency to keep gambling transactions off your bank statement, do not sign up to a site that does not have these banking options available.
It sounds like common sense but you would be surprised to learn how many bettors think they have found the perfect betting site, create an account, only to find it impossible to move money around!
Now we should be at the stage where we have read several reviews, are up-to-date with the various promotions available, and have checked if our preferred banking method is available to use. At this point, we need to ensure that our favorite sports have betting markets.
Other Considerations
Every online sportsbook worth its salt has betting markets for the world’s biggest and most popular sports. The NFL, NBA, MLB, NHL, and Premier League soccer are key markets for an online sports betting site. We challenge you to find a sportsbook that does not accept wagers on these sports.
But what if you have a comprehensive knowledge of another sport? What if your area of expertise is the Ultimate Fighting Championship, tennis, or even something more obscure like netball or rugby union? There is no point in signing up for an account if the bookmaker does not accept bets on your favorite sports or sporting events.
That said, it is becoming increasingly popular for online bookmakers to take requests for betting markets the site does not currently offer. You can contact the customer support team and ask for the price of a specific sporting event, such as there being over 2.5 goals in a Belarusian first division soccer match. This is a relatively new feature, so do not expect many sportsbooks to offer it right now, but it will become the norm in the near future.
Lastly, think about when and where you like to bet from. Those of you who use a laptop or computer can go ahead and sign up for whichever bookie you feel suits your needs the most. However, if you are an active person who is always on the go, make sure your chosen sports betting site either has a dedicated mobile app or has a website you can access from your mobile phone. You do not want to miss out on any potential value bets because you are away from your workstation.