Sports betting is bigger than ever, and the number of online sportsbooks is growing by the day. With safe sports betting sites and fraudulent ones existing within the same market, it can be difficult to separate the legitimate websites from their shady counterparts.
Some fraudulent sports betting sites are getting more sophisticated, but there are still many signs that point you to a safe sports betting site.
When you sign up with an illegitimate sports betting site and make a deposit into your account, it doesn’t necessarily mean that the site will run away with your money right there and then. However, there’s a good chance that you will experience one of these situations.
- There are delays in processing your withdrawals.
- Your winnings are not credited to your account or only a partial amount of your winnings is given to you.
- Your computer or mobile phone gets infected with viruses.
If you don’t want to go through these hassles and more, then you should only bet at safe sports betting sites. Follow the tips below so you can sleep well at night knowing that your funds are safe in the hands of a quality sportsbook.
Safe sports betting sites aren’t afraid to display their operating license on their website. These licenses guarantee that the sportsbook has a legal right to exist. They also ensure that the sports betting site’s records pass examinations from third-party audits, guaranteeing that they aren’t scamming their customers.
But just because the license isn’t prominently displayed doesn’t mean that a sportsbook is illegal. Dissect the platform well and you will be able to locate their operating license somewhere on the website.
For example, you can go to 22Bet and find that its registration number and license are at the bottom part of its homepage. However, if you really can’t find one on a particular online sportsbook, then you should think twice about depositing that sportsbook.
Because safe sports betting sites are licensed and regulated, they’re required to comply with the rules and regulations of the country or region which licensed them. One of the basic rules for companies dealing with financial transactions is the KYC or Know Your Customer policy which adheres to international anti-money laundering regulations.
Under these guidelines, online sportsbooks are required to obtain your personal information to determine if you’re a unique individual, if you are legally old to gamble, or you live in a state or region that allows you to gamble. Also, your identity will be verified so the sportsbook doesn’t make payments to the wrong person.
If the sportsbook you’re opening doesn’t ask you to verify your identification, then it may be a scam betting site. Fake sportsbooks skirt this security feature because all they want you to do is deposit with them.
SSL protection is a standard among legit and safe sports betting sites. SSL protection guarantees that the data shared between you and the website is private. This technology is used by millions of websites around the world to protect the financial information of their customers.
When you withdraw your winnings, you share vital financial information like your bank name and bank account number. Because of this, your sportsbook should be running an SSL-encrypted connection not only for your protection but theirs as well.
So, how do you know if the website has SSL protection? Simple. It starts with an “https://” and has a locked icon beside it.
The longer an online sportsbook has existed, the safer it is. That’s because a scam sportsbook isn’t able to continuously pay its members’ winnings. Therefore, sportsbooks that have stood the test of time and have been able to pay all of its obligations are safe sports betting sites.
Never entrust your money to a sportsbook that doesn’t have a good online reputation. The online betting community wouldn’t talk badly about a betting site that pays withdrawals on time or replies to inquiries right away.
Additionally, the reputation of an online sportsbook can be checked using a variety of channels. There are online review sites that evaluate different online sportsbooks. You can also check the legitimacy of sports betting sites on Reddit by asking around and reading the feedback of the betting community.
If you happen to browse a sportsbook that has a fully-functional interface, live betting options, a mobile platform option, and modern UX and UI, then you’ve come across one of the safe sports betting sites around.
Top-notch and safe sportsbooks want to give their customers the best betting experience ever and they do this by investing heavily in making a well-designed, fully-functional, and fast website.
Fraudulent online sports sites have poor graphics and are riddled with typographical errors. This is because they don’t have enough time to create an interface that provides an optimal user experience. Likewise, these scam sites aren’t willing to make a massive investment on those features because they usually disappear after a year of existence.