With millions of dollars in annual revenue, online betting has become quite a dominant gambling industry in the past few decades. Nowadays, betting online has become a standard for punters thanks to the conveniences it brings. Online bookies offer a variety of leagues and markets for each sport at their site while also offering quite attractive odds and specials. This is the main reason why you should switch to online betting, but before you start, you need to learn more about it.
There are many characteristics you should take into consideration when picking the ideal bookie. With so many scam sites around, it’s very important to find a trusted online bookmaker where you can place wagers with a peace of mind. In general, you should stick with betting sites that have a global recognition. Most major online bookies have sponsorships with various leagues and teams which is a great indicator that they’re safe for your betting adventures.
First and foremost, make sure the bookie you’re interested in is licensed and regulated by the major governing bodies for online gambling. This includes the UK Gambling Commission, the Gibraltar Gambling Commission, and the Alderney Gambling Control Commission. With these governing bodies, you can rest assured that your financial transactions and private data will be safe. They give betting sites the credibility they need to become a major and respected bookie.
When choosing a betting site, you also need to pay attention to their payment options, customer support, and a few other factors. There’s no point in registering at a site that doesn’t accept your preferred payment method. If you’re using a web-wallet not supported by the bookie you’ve chosen, you won’t be able to deposit and withdraw money. Sure, most accept bank transfers, but they are rather slow and that kind of defeats the whole idea of online betting.
Additionally, customer support is also important. You should be looking for a bookie that offers the whole range of contact options, including a phone number, e-mail, and live chat. Live chat is especially important as you can get answers to any of your questions in minutes rather than waiting for hours or days for the support team to respond. Some may think phone numbers for customer support are useless, but why not have the option at your disposal?
The biggest factor you need to pay attention to when searching for online bookies is the availability of sports and sports markets. All bookies offer football, tennis, basketball, and other popular sports, but if you’re a kabaddi or cricket fan, you won’t find such a large selection. It depends on your preference - if you’re an avid football fan, you will find a respectable bookie easily. If you’re a kabaddi fan, you need to take your time as there aren’t that many sites offering the exciting sport.
The next step is to see what markets the bookie offers. The ideal bookie won’t stick to the standard markets only – they should have a variety of others including handicaps, goal betting, and other markets. The standard 1x2 market is popular for a reason as it offers fixed odds that are quite easy to understand. Markets such as handicap or goal betting might be a bit more difficult to understand, but once you get the hang of them, you’ll see that they offer much better chances of winning.
The introduction of live bets is one of the best things that happened to online betting. Is there anything better than watching the match live and placing bets depending on how the match goes? Live betting offers great variable odds, giving you a chance to jump right into the action. Of course, the outcome is harder to predict than betting on fixed odds, but isn’t excitement the reason why we’re all into sports betting?
When you’re searching for a bookie, it’s a good idea to check any special features it might have such as live streaming. Live streaming gives registered users the option to watch the match as it unfolds anywhere you go. It's available on mobile devices as well, so you can enjoy the matches on your slip even if you’re not at home in front of the TV.
Another great option you should look for is cashout. This nifty feature allows punters to profit off their selection while the match is still in play. Once the match starts, some bookies offer the option of cashing out your winnings – if your selection is on the way to winning, you can take your money and run with it. If it’s losing, this option still gives you a chance to at least secure a part of your stake. In this way, you can control your losses and prevent losing large sums of money.
Pay attention to the type of cashout bet the bookie offers – it can either be Full or Partial. Full cashout is pretty self-explanatory, while partial cashout leaves a part of your bet active while cashing out the rest, which is also a good option.