Picking the Right Sportsbook
Betting on sports has become a lot easier in the past decade due to the development of online sportsbooks. Nowadays you can place a wager using an online sportsbook in less than a minute once you know what you're doing. A few online sportsbooks will even offer a mobile betting platform, so that you can place a wager using your mobile device. As a newcomer to the sports betting industry you may be confused about where you can wager. All of the online sportsbooks that we recommend have been tested by our staff and we've considered many factors, which we've detailed below.
How to Pick the Right Sportsbook?
- Are You Allowed to Bet at the Online Sportsbook?
Most online sportsbooks nowadays have country restrictions in place based on where the sportsbook is licensed. For instance, if you live in the United States you'll find that you can't bet with the majority of online sportsbooks. Most countries such as those in the UK and Europe can bet almost anywhere online. If you reside in a small country somewhere in the world you'll need to try signing up to the online sportsbooks we recommend. If your country isn't listed in the registration dropdown menu, you won't be able to sign-up to the online sportsbook.
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- Is the Online Sportsbook Licensed?
The major online sportsbooks in the industry are all licensed in one of the many jurisdictions that regulate online sports betting including Costa Rica, United Kingdom, Gibraltar, Kahnawake, Malta, Netherlands and several other jurisdictions that aren't as popular. If you can't clearly see that an online sportsbook is licensed in one of the popular online gambling jurisdictions you should never place a deposit into the bookie.
- What Sports Can You Bet On?
You may think that this is a bit of a silly question since most online bookies offer betting markets on every sport. The problem is this though, if you're betting on an NHL game you don't want to place your bet with a European focused bookmaker. You'd want to place the bet with a Canadian/American focused sportsbook, as they'd have better odds on the game 99% of the time.
- What Type of Bets Can You Place?
Smaller sportsbooks tend to offer less betting types and have smaller betting limits because they can't afford taking a massive hit on a single event. The big sportsbooks that we recommend have every type of sports wager imaginable including straight wagers, parlays, teasers, pleasers, futures, props and a few other exotic bets. The betting limits set in place by an online bookie also have a big role of whether you're picking the right sportsbook. If you bet $250 a game on soccer you'll need to usually bet with a UK/European focused bookmaker since most Canadian/American bookies won't let you bet that much on soccer.
- Will the Sportsbook Limit Your Action?
Online sportsbooks are built to make money, which means you can potentially get limited from any online sportsbook if you start winning too much money. The problem I have with some sportsbooks is that they limit your action after a winning a few $100 bets, which is absolutely no good. The online sportsbooks we recommend won't limit your action right away and in most cases won't limit your action at all unless you're a sharp.