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So what steps can one take to choose a legitimate online sportsbook?
The first thing is to ensure the company covers the sport(s) you want to bet on. Not everyone offers every sport. This probably sounds obvious, but it is worth mentioning.
The next thing you want to do is ensure the site you are considering is financially stable. Think about it like this; with all the money which is being transferred into and out of this kind of organization, you want to make sure they have enough assets to stay in business. It's similar to like a bank. Would you get an account at a bank that was running out of cash? If the company is public you can check their books. Should they are not public, you can still try and find out how long they have been in business and speak to people and find out whenever they are honest and prompt with their payouts.
Number three: check their reputation online. In case you are reading this article then you are probably already comfortable using the web. Find some active sports betting forums and see what people there have to say. Pay focus on who the reviews are from and attempt to screen for fake reviews (some companies put up fake positive reviews in an attempt to make themselves look good).
Eventually, start small. You might be used to making big bets, but when you're working with a whole new sportsbook for the very first time, it's better to use a small sum of cash just in the event something goes wrong. Once you feel comfortable dealing with them you may start betting more if you want.
Remember that betting on sports should only be done with money you may afford to lose, and if you feel like you could have a problem, there are actually organizations that can help.
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