There is a new and explosive trend worldwide of gambling and sports betting? Internet sports betting where millions of folks enjoy legal online sports betting wagering many billions of dollars per year. The internet offers many opportunities for offshore sportsbook betting and it has revolutionised the way people bet. With any new form of betting you can find always dangers and pitfalls that it is important to consider. Online sports betting is no exception. Although online sportsbooks have made it easier to bet on all your favourite sports the internet is riddled with unsafe and unlicensed sportsbooks which are only too happy to take your money and run. It is these cowboys which have made it more difficult for the legitimate safe, regulated and licensed online sportsbetting industry to use, and they have given the industry as a whole a bad name.

Therefore it is crucial that anybody who may be considering throwing some money at their favourite team or sport, look closely at the online sports betting site they’re betting with. There are many of factors to think about when assessing whether or not to open an account with the online sportsbook.

Will be the sportsbook licensed by a government licensing authority? Their web site should state the country the book is licensed in. If there isn’t any mention of their licensing information on their own similar web page site then it’s highly probable that they are not licensed by any government agency. Betting by having an unlicensed betting outfit is akin to throwing your hard earned money away. Also some countries have more stringent regulations, oversee their licensees more closely, and require more funds for them to operate, eg. UK.

Internet security – Is the sportbook using the-latest internet security mechanisms? Most reputable betting outfits have highly advanced security on their web sites to prevent personal and banking information being exposed and breached.

Depositing options. The sportsbook must have a range of depositing options and preferably accept 3rd party e-wallets for example Neteller and Moneybookers. Using a 3rd party e-wallet service for example Neteller reduces the need to send personal and financial information to every book you sign up with.

24 hour customer support by mobile device and e-mail. Most of the reputable sportsbooks offer 24 hour support by smartphone, email and online chat.

Incorporates extensive features offering quite a few betting types and competitive odds. Some offer a multitude of betting types and other features for example statistics on all of their betting products. Some may specialise in betting on a particular sport and may offer the best odds for that sport but offer lousy odds on others. For this reason many professional bettors shop around and open accounts with a range of reputable sportsbooks to receive the top deals.