The world of sports betting has expanded enormously as a result of the rapid pace of technological enhancement. Where you previously had to go to a sportsbook – bookies – to place a bet, you can now place a bet online, almost as fast as you can say ‘sportsbook’.
Unfortunately, with improved technology, fraudsters, scammers, and dishonest sportsbooks climb into the mix to make things difficult for players.
This guide will detail some easy tips to help you spot a fake sportsbook.
What Is A Fake Sportsbook?
Let’s start by defining a sportsbook; a sportsbook is a place where a gambler can place a wager on various sports; this is called sports betting. The gambler can bet on various sports such as golf, horse racing, hockey, etc. The sportsbook will accept the wager and be responsible for the payout if the gambler wins.
A sportsbook is considered to be fake or dishonest when they delay the winning payouts by more than 30 days. If they do not respond to customer service, they do not make credit winning wagers and make off with the gamblers’ deposits.
In all these cases, the gambler stands to lose, and that is why it is essential to identify fake sportsbooks so that you move away from those platforms to the trustworthy platforms!
Tips To Spot A Fake Sportsbook
The first thing you should do when you visit a sports betting site checks the sportsbook’s license. Somewhere on the site, it should indicate that they are a licensed establishment and in what areas they operate. The terms and conditions of the site are an excellent place to start.
The second thing that should be a warning sign is lines and bonuses that are too good to be true. Trust your instincts if you think something sounds fishy normally is. A 500% sign-up bonus with no rollover is an example of something too good to be true!
Another check that you can do is to try open lines of communication. Pick up the phone and give the website a call or send an email. If you do not get an answer on either, then perhaps reconsider your options. A good sportsbook will have a team working in the customer service department, and this team will be ready to help you!
The last check warning sign you should look out for is sportsbooks that are always late with routine payments. They will have various excuses on why they cannot make payouts to you at that point in time.
When you look for a licensed sportsbook, you should look for someone who has fast payouts, a good review on sports betting forums, responsive customer services, a proven history of solvency, a valid license, reasonable terms and conditions, and a fully functional website.
With technology improvements, you can now place your sports bets from the comfort of your own home. There are numerous trusted sportsbooks available; with the right amount of knowledge, you will be able to pick the best of them.