“How to Choose the Right Sportsbook!”

. Therefore you should think of the sportsbook you are considering as a bank – a place that you intend to keep funds long term.

Well I am in a position to speak from some experience – I did at one time hold accounts with about sixty bookmakers in Europe, UK, Australia and offshore – the latter catering mainly to the US market. Often these website owners know nothing about betting, do not hold accounts with the sportsbooks they are advertising and have not researched the companies they are involved with.

Not all the above are critical – but help towards finding a secure book.

Find out if the sportsbook is part of a larger group of companies.

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This article was posted on October 22, 2004

The UK has a number of established books including William Hill, Ladbrokes, Coral, and Victor Chandler. These vary quite a bit from book to book. Sometimes this means added solidity.

What are the deposit and withdrawal options and the associated charges. King

Read press articles as opposed to reviews – reviews are usually written by the sportsbook’s marketing team.

Test run the software by joining and playing for free – most sportsbooks offer this facility.

Find out if your funds are insured or separated in ESCROW accounts so that if the sportsbook company goes under – your funds are still safe.

Find out if the sportsbook is independently audited.

How long has the operation been online – three to four years is usually a good marker as a minimum.

Test out the customer services to see if they meet your standards or the standards they promise you.

If you know about betting already, then check some of their odds and lines – are they in keeping with what you would expect? Some less scrupulous sportsbooks offer very attractive prices to lure unsuspecting bettors. The offshore books with whom I work are top grade but it is in the offshore environment that problems occasionally occur. But ask yourself ; “how easy is it to get access to my money and how much does it cost?”

So what do you look for:

If you have already have an account with a sportsbook watch out for lapses in customer service and slowness of payment – these can be signs that the company could be in trouble.

So you have decided to start betting online – or maybe you just want to find a new trustworthy sportsbook – what do you need to look out for?

Happy betting!

It is not that easy finding a reputable sportsbook – partly because the web is populated by website owners who will sing the praises of a sportsbook or casino simply because they earn revenue from signing up customers via an affiliate program. I have had at least three online sportsbooks go broke on me – luckily my losses were kept to a few thousand dollars – that may sound a lot but it could have been a lot worse.

I would say that US bettors are at most risk since they are generally forced to bet at offshore sportsbooks due to legality issues. Options should be available that are ‘free’ or where the sportsbook absorbs the charges. I also like SportingBet (www.SBSportsbook.com) who take US customers and cater for global sports.

You are keeping your money in an account online. It is, therefore, critical that those US customers put in the research before signing up.

“How to Choose the Right Sportsbook!”

 by: Daniel B

Research and Markets: Research Report – Global Online Gambling & Betting Market 2014

The first

regulated online gambling website in Kenya was launched in 2013. Progress in online betting regulation in Germany is

expected in 2014, as several operators have applied for the first online

sports betting licenses.

Online gambling and betting is spreading in the Asia-Pacific region. However, offshore gambling websites

are popular among Brazilian gamblers, who spend several hundreds of EUR

million annually on offshore sports betting sites.

- Bwin.Party

- The author’s international employees research and filter all sources

and translate relevant information into English. We provide you with the latest

data on international and regional markets, key industries, the top

companies, new products and the latest trends.

- These market reports inform top managers about recent market trends

and assist with strategic company decisions

Product Information:

- The analyses, statistical reports and forecasts are only based on

reliable sources including national and international statistical

offices, industry and trade associations, business reports, business and

company databases, journals, company registries and news portals.

- The authors provide secondary market research: By using various

sources of information they ensure maximum objectivity for all obtained

data. In North America and major Asian

countries online real-money games are yet awaiting progress in

regulation. As a result companies get a precise and unbiased impression of the

market situation.

The major trends in online gambling and betting globally are mobile and

social gambling. In

Australia, which leads the world in terms of per person gambling, online

sports betting and gambling has been growing by over 30% annually, while

the growth of the total gambling market does not exceed 5%.

- 888 Holdings

Global Online Gambling and Betting Market 2014 depicts the latest trends

and developments in the field. In

South Africa, online gambling awaits legalization in 2014.

- PokerStars

In the largest Latin American market, Brazil, gambling and betting is

forbidden except for horse racing. The global online gambling market has a current value

estimated at a medium double digit number in billions of Euros, with

growth expected between +7 and 10% annually in the next few years.

For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online

The regulatory landscape on online gambling and betting is varied.

The authors observe: while land-based lottery and casinos still dominate

the gambling scene, online real-money gambling and betting are growing

rapidly.

About Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online)

has announced the addition of the “Global

Online Gambling & Betting Market 2014″ report to their

offering.

Regional variations in legislation and acceptance of online gambling and

betting

- Ladbrokes

Companies Mentioned

Research and Markets is the world’s leading source for international

market research reports and market data. The

majority of Western European countries have some laws in place to

channel online gambling and betting. This ensures that the

content of the original studies is correctly interpreted.

In North America, online gambling was legalized in three US states by

early 2014, with online gambling revenues surging to millions in the

first months of legal operation.

Regulation of online gambling and betting in Germany and Russia lag some

of their neighbours. In the USA, online gambling is legal only in three states

and in many Asian countries gambling and betting is allowed only in

casino resorts.

. Online gambling is only starting to emerge in Africa. Mobile gambling is expected to grow at double-digit

rates and to reach over 40% of the total online gambling market by 2018,

as the number of mobile gambling users increases by a hundred million.

- Betfair Group

- Paddy Power

In France, online gambling and betting has been legal since 2010, but

many gamblers turn to illegal sites. Total online gambling revenue in Italy

recently reached a high number in hundreds of millions of Euros, with

poker constituting the largest segment.

The leading online gambling and betting companies worldwide include

PokerStars, Bwin.Party, William Hill Online, each of which annually

generate online revenues of over EUR 0.5 billion.

Europe has been a leader in adopting regulation regarding online

gambling, but as the activity spreads, new measures are being enacted.

The spread of online betting and gambling is forcing governments to act

to regulate. For example, a quarter of poker

players chose to bet on unregulated networks.

Trends in online gambling and betting.

- William Hill Online

Italy has one of the most advanced regulatory arrangements regarding

online gambling in Europe. Among the findings of the reports

researchers is that the online gambling and betting segment is

increasing, enhanced by the spread of smartphones and tablet computers

Betting Odds & Lines | Sportsbook Review

if you bet on Team B, you need them to win by more than 22.5 points for you to cover your bet. If you win, you can earn a hefty payout. Choosing exactly when to make this sort of bet is important.

There are some benefits and some risks associated with betting on futures. The number indicates how much someone would need to wager in order to win $100. Once you make your bet, however, it is locked in at whatever the odds were at the time you placed the bet. Just like in the moneyline bet, the negative sign before the number indicates who is expected to win. It can also be applied to things such as who will win the MVP award or other events that might happen down the line.

Prop bets generally refer to anything that is not directly tied to the outcome of the game. If you bet on Team A, that means they can lose by 22 points or less, or win the game, and you still win your bet. In these cases, no one wins the bet, and you would simply get your money back. If you think it will be a defensive struggle, ending in very low scores on both or either side, then you would bet under. If the final score is something like 33-32, making the combined score 65, then it is an over.

Point spreads will also have moneyline odds attached. Just like with all betting, it’s important to calculate the risks and possible rewards.

If you are new to the sports betting scene, you will want to get acclimated with all of the different types of betting odds you’ll see. This is why making a bet on a long shot early on can bring a potentially substantial payoff. Below, we have highlighted the four main types of betting to give you a basic how-to guide to help you get started:. Just like in a moneyline bet, this number indicates what the payout will be in the case of a win. The number in the odds means something slightly different depending on whether it has a positive or negative sign in front of it. So if someone were to bet on Team B, and Team B won, that person would win $130.

While moneylines, point spreads, and totals generally focus on the short term and specific matches, futures are long-term betting odds. This situation is called a push or a tie. In our example, if the score ended up being something like 34-32, then the combined score would be 66, exactly the predicted total. For example, the spread and odds for Team B might be (-22.5, -120). So if someone were to place a $150 bet in favor of Team A, and Team A won the game, that person would win $100. At the beginning of the season, it isn’t entirely clear how well the team will do over the season, and so the odds are longer, offering higher rewards. For example, in a football game, the oddsmakers may set the odds for which team will get more running yards.

The first thing to take notice of is the plus and minus sign in front of the number. Sometimes, the team may just hit a slump partway through the season and lose a lot of valuable momentum. In a moneyline wager, bettors make bets simply on who will win the game..This does not involve any point spreads or margins of victory. In order to avoid these sorts of ties, sportsbooks will often set the spread at half numbers, such as 22.5. It’s a way of evening the playing field, even if one team is highly favored to win over the other.

Futures

Futures betting can be applied to more than just national championships. In this event, you would simply get your money back. (For that reason, this type of bet is also often called an over / under bet.) For example, the sportsbook might set the total at 66 for a college football game. In those cases, betting the moneyline is too obvious, because it is clear that one team will beat the other. Team A’s odds are -150, while Team B’s odds are +130.

Point Spreads

In the end, a prop bet can be on just about anything. This means that they predict that the two teams will score a combined total of 66 points. In this case, Team B is favored to win. From an individual player’s performance in a particular game to who will win an award at the end of the season, from how many times a broadcaster’s logo will appear on-screen to how many times a coach will be escorted off the court, there really is no limit to what prop bets can cover.

Moneylines

Sometimes, the combined scores will land right on the total. If the final score is something like 44-40, then the combined score would be 84, meaning the game is an over. They can be over / under bets on how many times a player or announcer does something, or they can be bets on which team will do better in general on a certain topic. Whatever an oddsmaker can imagine can become an interesting prop bet.

Prop bets, or “proposition bets,” can be on literally just about anything. In this case, you’re betting on things like who will win a division or who will win a championship well in advance.

Prop Bets

The point spread is another form of betting odds that’s very similar to a moneyline bet. If you bet on a particular team to win the championship and one of their star players is injured, suddenly their prospects of winning do not look quite as good. Because of this fact, they can potentially earn a higher payout if they win. If you think that one or both teams has a particularly strong offense and it will be a high-scoring affair, you would bet over. This means that Team B is favored to win by more than 22.5 points. That’s when the point spread comes into play, as the oddsmakers will set a line where there is a margin of victory.

If, during the actual game, the margin of victory lands exactly on the spread, it is called a push or a tie, and no one wins the bet. If you were to make this bet and Team B did win by 23 points or more, and you bet $120 on the game, then you would win $100. This way, if the final combined score was 66, it would be an under, and a 67 would be an over.

Totals

For example, imagine that two teams, Team A and Team B, are facing each other. Team A may have odds of +22.5 while Team B’s odds are -22.5. You will then place a wager on whether the actual combined score will be over or under that amount. Let’s take a look at an example. The team with a plus sign in front of the odds is the underdog–in this case, Team B. This form of betting odds focuses just on who will be the outright winner. In certain cases–such as in college basketball and college football–there is a huge discrepancy in talent between the two teams playing. This way, there will always be a winner in the bet.

When you’re looking at the betting odds for totals, this is a reflection of the combined score of both teams. To avoid these situations, sportsbooks will often set the total at a half number, like 66.5. Whether you’re looking for NFL odds, NBA odds, NCAA basketball odds, or the odds for any other sport, there are a whole host of different types of betting options. With its odds set at +130, Team B offers a $130 payout for every $100 bet on it. If, over the course of the season, though, a team is showing that they’ve got a good chance of winning, the odds for them improve, the risk goes down, and the payoff gets smaller. The difference is that in addition to predicting who will win the game, the point spread includes a margin of victory.

A minus sign at the beginning of odds means the team is favored to win. That means they need to win the game by 23 points or more. That means that you are looking at whether the combined score of both sides will go over or under a set number. The number represents the expected margin of victory. On the flip side, however, your money is locked up for a long period of time. They focus on events that will happen further down the line–in the future. Simple, right?

In this kind of bet, the odds are set at the beginning of the season, but they can go up or down as time goes on. If that person were to bet $300 instead, and Team A still won, they would win $200.

Moneylines are the simplest type of bet. During that time, a lot of things can go wrong