How To Choose a Reputable
When it comes to online sportsbooks you can choose from many. If you are
a newcomer you might have a hard time choosing the right one. The good
news is that lots of them are very reputable. Some have been in business
for over 7 to 10 years and on the net for over 4 years, with a solid payout
Below are the best ways to choose an online sportsbook.
1.) How Long
Have They Been In Business?
Of course a brand new company could be a great company, but why take the
unnecessary risk when there are so many established sportsbooks out there?
The company should be in business for at least three years. Four or more
is even better.
2.) Word Of
Asking someone who’s wagered with a particular sportsbook is the
best way to find out if they’re any good. Payout fees are basically
the same across the board. How fast you get the money may vary. The only
way you can really find out how long it takes is to ask someone who’s
previously wagered with them. Or make a small deposit, win, then request
Why not get as much free money as you can? If our tips #1 and #2 check
out fine, the only other thing is to get a solid bonus. Personally, I
wouldn’t send money to ANY SPORTSBOOK that isn’t giving me
a bonus. There are WAY too many reputable sportsbooks that are giving
out bonuses and it makes no sense not to get the extra money.
Follow our three easy steps and you’ll get the most out of online
With More Than One Sportsbook!
To make money betting on sports, you must do three things: first, find
your game; two, look around and get the best value for that game; three,
make sure you follow a solid money management system. Most people think
of the first and the third. But not enough people "shop" for
the best value for their money.
Here are six reasons why you MUST have more than one sportsbook
Value- You need to shop multiple books to find the line you need,
and the only way you can do that is to have accounts open with various
sportsbooks. Having more than one 'out' helps to improve the chances of
finding variances in a particular line.
For example if you know that you are looking to bet on the Red Sox and
you can get them 5 or 10 cents cheaper with one book over the other, then
you take the line that provides you with greater value. It might just
be half a point on a game, but getting the line you want in terms of both
the spread and the odds will make you more money over time. No question.
Also, any sportsbooks that allow the buying or even selling of points,
or give you better odds on parlays and teasers also should be considered
in the sports bettor's stable.
Diversification - Just as in the investment world, you need to diversify
and not put all your eggs in one basket. In the past few years, various
sportsbooks have gone under, and taken many a gamblers' money with them.
Some of these 'books you could have predicted, but other such as Aces
Gold caught most off guard. Always choose your sportsbooks wisely. But
if you have $10,000 in play, it's better to have $2,000 with five books
than all your money with one, just in case that one goes under. It's better
to lose just $2k than $10k.
Bonuses - Every sportsbook offers various types of bonuses, depending
on the type of gambler they are looking to attract. All sportsbooks offer
the same signup bonuses, with the focus on the initial deposit varying
from 10% - 20%. But it's the ongoing "retention" bonuses that
differentiate one sportsbook from another. Some offer little or no "re-up"
deposit bonuses, but offer a Cash Back from losses bonus. Others have
great deposit bonuses during key times throughout the year. You need to
find out what is important to you, and then match that need with the sportsbook
that will fulfill it.
Product Variety - Some books specialize in providing a type of bet on
various sports or sporting events, depending on the strength of the software
and the expertise of that sportsbook's bookmaker. Again, you need to shop
around and find out what sportsbooks offer what type of bets on what sports,
and the type of lines they run (especially for hockey and baseball).
Phone vs Internet- Some sportsbooks are better at running its
business over the phone, while others that have very good software, and
loads of servers do a better job taking bets via the Internet. However,
the Internet focused books usually have lower limits in place than those
taking bets by phone. Again, you need to find out whether or not the limits
in place by a specific sportsbook fits your money management system.
Cut Down on Account Limits or Closures - You can do this by setting
up accounts with multiple sportsbooks. When you want to play a bet of
$5,000 for example, you might want to play $1,000 at five different books.
This helps to keep a low profile for yourself, as all sportsbooks have
key indicators that throw up red flags for weeding out "wise guys"
or "sharpies." When that happens, you get the "VIP"
treatment by having your limits reduced, access to certain sports limited,
or simply having your account closed. But by winning at multiple books,
you can more easily stay under the radar.
So the message is clear: you must have at least three to four sportsbook
accounts to help ensure making money over the long haul, and lessening
your risk overall.