Sports gambling has been around for as nearly as long as sport itself, so there is no difference there. What is different, however, is the way we bet, and in today’s modern society we have more options than ever. This includes online sportsbooks, and a lot of them.
With so much choice it can be tricky to know which sportsbook will be the best option for you, or even what makes a good sportsbook in the first place. Luckily for you, that is where we come in. We have compiled a list of our 10 favorite factors that make a great sportsbook.
1. Does It Give You Exactly What You Want?
When you are looking for a sports book to sign up for you need to have some idea of what it is that you are actually looking for in a sportsbook, otherwise this will be an impossible task.
For example, are you simply looking to place a bet on a few of the key games of the season or will you want to bet on every game without restriction? Will you want to stick to just the one sport or will you try your hand at betting on multiple different types of sport?
Different sportsbooks will have different rules on what they do and don’t allow, so it is important to make sure you do your research so that you end up with the right one for you. A great sportsbook is one that allows you to do what you want, otherwise, there is no point.
2. The Option to Bet on Multiple Sports
Nobody likes to be limited to just one thing. Think about it, imagine if someone told you that you could only eat one type of cake for the rest of your life. Even if it is your favorite cake, you will only be able to eat so much of it before you get bored and want something else.
The same can be said for sports betting, therefore one of the key factors that you should look for in a sportsbook is the ability to wager on more than just one type of sport so that you can keep yourself entertained all season long, no matter what events are currently on.
3. The Option to Place Multiple Types of Bets
Similarly, the ability to place multiple types of bets will help to keep things interesting and will make for a much better sportsbook than one that only ever lets you bet on the moneyline.
Not only is it more fun this way, but this will also widen your pool of betting opportunities.
4. High Level Security and Privacy
When it comes to gambling with your money online, you obviously want to make sure that the website you’re using is secure so the best sportsbooks will keep your personal data safe.
With the technological advances we’ve seen over the past few years, it is essential that you look for a sportsbook that can protect your information while you are gambling online.
Most reputable online sportsbooks will state what security measures they have in place. You should look for sportsbooks with an SSL encryption of 128-bit which is the minimum advised. If you can’t easily locate this information then it could be a sign of a dodgy sportsbook.
5. Offers Good Odds
Whenever you place a bet you are given odds that dictate how likely you are to win your bet and how much you will receive as a return if it does. Different bookies will offer different odds at their own discretion and are set depending on a number of factors, like past performance.
A good sportsbook will offer fair, competitive odds. You can visit fanduel.com for even more insider information regarding the different odds available for every game.
6. Multiple Payment Options
If a sportsbook provides you with multiple ways to pay then this is usually a good sign. This will make it much easier for you to deposit money into your account for you to bet with.
Pretty much all sportsbooks will give you the option to pay by credit or debit card, but these days you can also make payments via online banking, PayPal, and even crypto currencies, giving you more options so you don’t need to get caught withdrawing from the joint account.
7. Multiple Payout Options
Similarly, great sportsbooks will also offer various payout options as it allows for more widespread compatibility with customers and their lifestyle choices.
For this reason, you will often notice that you can withdraw money to PayPal, Neteller, and Skrill, as well as the more traditional bank, credit, and debit card transactions.
One last note on payouts is that they should also be speedy. Slow payouts are definitely a sign of a bad sportsbook as this can hold up your finances which is extremely frustrating.
8. Promotional Offers and Deals
Due to the fierce competition among online sportsbooks, most of them will offer promotional offers or deals to get you to sign up with them. Promotions are all well and good, but the best sportsbooks will also offer ongoing incentives and schemes for loyal customers.
9. Good Reviews Online
The same way you would look at reviews before eating at a restaurant, you should do the same when looking for a sportsbook for the upcoming season. Reviews are a great indication of how reputable a sportsbook will be and can give you some good advice.
10. Customer Service
You might not have expected this last one, but yep, the quality of customer service can be a big indicator of how good a certain sportsbook is. This will make it much easier for you to resolve any issues that you may run into and they will be on hand to advise you if needed.
So, there you have it. All the things that we think make a great sportsbook, and all factors we would recommend looking out for when you are shopping around for a sportsbook to join.