Bettors’ Guide to Evaluating Online Sportsbooks
As the sports betting landscape continues expanding across North America, bettors have more online wagering options than ever before. However not all sportsbooks are created equal. Savvy gamblers should thoroughly evaluate potential betting sites based on several key factors before depositing their hard-earned cash.
Competitive Odds and Extensive Betting Markets
One of the top considerations when selecting a sports betting platform, like FanDuel sportsbook, is the odds and markets offered. After all, you want the best possible payouts on your wagers. Compare the odds across your shortlist of sportsbooks to see how they stack up on point spreads, moneylines, totals (over/unders), futures bets, prop bets, live betting and more across a wide variety of sports like football, basketball, baseball, hockey, MMA, soccer, tennis, golf, motorsports, rugby, cricket, darts and esports. Avoid books with consistently inferior odds. Also ensure your platform provides deep betting options across many sports leagues and types of wagers – not just basic spreads and totals. The top online bookmakers offer thousands upon thousands of betting lines. Greater choice allows you to shop for the best prices and customize bets exactly how you want.
Lucrative Sign-Up Promotions and Rewards Programs
Virtually every online sportsbook tries enticing new players with generous free bet offers, deposit matches, risk-free bets, bet insurance and other lucrative promos. These incentives effectively give you extra money to wager with. Make sure to take advantage of these new member promotions and keep an eye out for ongoing reload bonuses and special deals for existing customers too. The top betting apps also offer VIP, loyalty and rewards programs with valuable perks and benefits based on your overall handle (amount wagered).
Quick, Convenient Payment Options
You should have multiple convenient, speedy cashier options for depositing to and withdrawing from your sports betting account. Leading online bookies support an array of traditional payment methods like credit/debit cards, bank transfers, PayPal, Skrill, Neteller, plus many offer newer alternatives like Apple Pay and Google Pay. Your platform should clearly list deposit/withdrawal minimums, maximums, fees (if any), supported currencies and processing times for each method. The fastest payout times are obviously most ideal when requesting a withdrawal.
Robust Security and Safety Procedures
Safety should be a top priority when transmitting personal information and money online. Reputable betting sites utilize encryption technology and implement strong Know Your Customer (KYC) rules to protect your data and prevent fraud. They offer secure login via multi-factor and biometric authentication as well. Additionally, top operators safeguard player balances in separate, ring-fenced accounts so funds are always accessible.
Proper Licensing and Regulation
All legitimate online sportsbooks hold valid gambling licenses issued by reputable regulatory bodies that frequently audit their operations to ensure fairness, safety and compliance. For bettors in the United States, only wager with legally regulated sportsbooks licensed at the state level, or else you risk problems trying to cash out winnings. Operators should openly display license seals and documentation. Additionally, look for certification from oversight organizations like iTech Labs and Gaming Laboratories International who vet RNG technology.
Quality Mobile Apps and User Experience
Increasingly, sports gamblers place bets via mobile sportsbook apps. The top operators develop fully-featured iOS and Android apps with the same offerings as the desktop site plus geolocation services, notifications, promotions, managing preferences, live streaming and more. Before registering, download the Android or iPhone app to test speed, responsiveness, ease of banking and navigation, live in-game betting functionality and any bugs. Desktop and mobile websites should offer a modern, intuitive, glitch-free experience as well. Also check how helpful and accessible customer support options are.
Here’s a comparison overview of basic features offered by some top online sportsbooks:
BetMGM
Odds: 8/10
Sports Markets: 9/10
Promos: 9/10
Payments: 8/10
Licensing: 10/10
App Rating: 4.5/5
DraftKings
Odds: 9/10
Sports Markets: 10/10
Promos: 8/10
Payments: 7/10
Licensing: 10/10
App Rating: 4.7/5
FanDuel
Odds: 8/10
Sports Markets: 9/10
Promos: 10/10
Payments: 8/10
Licensing: 10/10
App Rating: 4.6/5
PointsBet
Odds: 7/10
Sports Markets: 8/10
Promos: 7/10
Payments: 6/10
Licensing: 10/10
App Rating: 4.2/5
Caesars
Odds: 7/10
Sports Markets: 8/10
Promos: 7/10
Payments: 7/10
Licensing: 10/10
App Rating: 4.4/5
In summary, wise bettors do their homework before choosing an online betting home. Assess critical factors like competitive odds, extensive betting markets, lucrative bonuses, quick payouts, security, responsible gambling practices, proper licensing and mobile app functionality among contending operators to determine the optimal sportsbook for your personal preferences. Taking the time to evaluate sports betting sites means enjoying safer, better, and more rewarding wagering experiences.
