An Overview Of The Online Sports Book Betting Process
The proliferation of the Internet has meant that if you are interested in sport book betting, there are literally hundreds of online betting websites that allow you the luxury of operating from your home, sitting comfortably at your computer. The online sports betting industry is now worth billions of dollars and has attracted many savvy operators who use the latest technology to satisfy their customers. Because many of these sites operate from offshore locations, they are able to offer flexibility and advantages that the land based sports books cannot hope to match. They also offer the opportunities to bet on a wide range of sporting events in many countries of the world. This means that they can cater to the professional bettor as well as the bettor having a flutter for fun.
Here are some of the specific advantages of online sports betting:
* 24/7 convenience. You can bet at the time and from the place of your choosing
* You can get better odds than land-based bookmakers and these are available earlier
* More flexible maximum and minimum betting limits
* A much broader array of bets such as parleys, sides and teasers
If you are planning to use one of these offshore online sports betting sites, the first thing you would need to do is to pick a high-quality sports book. There are many inferior sites that you should not touch because some of them are outright scams. You should stick with the big boys who have a good reputation and an impeccable track record because, if you win, you would want to claim your winnings as quickly as possible. There is plenty of information available on the Internet about which are the reputable offshore sites. However, you need to exercise caution because online reviews can be biased either because they are owned by sports books themselves or simply because they get paid. Take these reviews with a pinch of salt and sift the facts from the hype.
After you have found the site that you like, the next step is to open an account. The sign up process is pretty straightforward and involves giving your name, address, user password and so on. If you prefer to use the telephone, many of the sites have a toll-free 800 number that allows you to sign up.
Having set up the account, you will need to deposit funds to get going. Every sports book has its own deposit methods so look at the details to pick the method that suits you best. The most commonly used methods are bank wire transfers, MasterCard and Visa credit and debit cards, and online money transfer services like MoneyBookers. If you are using money transfer services, you would need to get the relevant details from the sports book. Credit cards can be tricky because some banks have stopped allowing credit card holders to make deposits with betting sites as has PayPal.
Now the time has come to make your first bet. Most good sports books have a simple and easy to understand betting menu. In many places, you may be required to verify your wager with your password to ensure that there will be no mistakes or misplaced bets. After you have verified your bet, hitting the right link will give you the opportunity to review all your outstanding bets. After the game is over, most of these sporting books only take up to an hour to update your account, after which you can review the position. It is highly recommended that you keep a record of all your bets so that you can use it for statistical purposes or tweak the betting system later on. When you would like to withdraw some of your winnings, check the withdrawal policy of the sports book and choose the most inexpensive method. Remember that if your deposit was made by credit card, the winnings can only be transferred to your credit card.