When it comes to sports betting, the most trusted names in the industry are usually found on the internet. But here’s a secret: not all online sportsbooks are created equal.
As you may have already discovered, there is a wide range of factors that can affect how much value an online bookmaker offers its bettors. Some sites claim to offer great odds but actually provide punters with low payouts. Others may be known for their generous bonuses and rewards programs, but have a reputation for poor customer service.
In order to find the best online sportsbook in Singapore, you’ll need to know what factors are most important when it comes to betting on sports.
Here is a list of five essential qualities that you will want to look out for in a sportsbook, and why they are important.
Reputation
The only real way to find out if a company is reputable or not is if past customers who have used the service leave feedback about their experience.
There are many forums such as this one where people can leave their opinion of services they have used, but it would be more beneficial if you were to ask people who are familiar with betting.
Ask friends or other people in your social circles (who seem like they enjoy sports) if they use an online sportsbook and what their opinion of it is. If someone has had a bad experience with an online sportsbook, then you do not want to go that route; they will not keep your wages or pay them in a timely manner and you can lose money.
Odds
This is the most important aspect of betting online. If you cannot trust that an internet sportsbook is giving accurate odds, then it does not matter what else they have to offer.
The only way to truly know if the odds are accurate is to find out if other people think that they are. If you cannot find an opinion of someone who has used the sportsbook, then it may be best to go elsewhere.
Payment Options
This is the second most important aspect of betting online, because this allows you to get your winnings. All reputable sportsbook in Singapore for instance, will offer a variety of payment methods.
A wide variety of payment options is an often overlooked ability but it can be a very important one, especially if you are located in a country that does not have sports betting laws.
For example, most online sportsbook like Winbig7 providers accept credit cards and Paypal, which allows you to get your money no matter where you are located. There is a growing demand for transactions in cryptocurrencies such as Bitcoin, and some sportsbooks offer this option.
Check with your sportsbook of choice to see if they accept a variety of payment options or check out reviews online to see what past customers think about their payment service.
Bonus
Many online sports books will offer a deposit bonus, which means if you make a deposit they will give you an added amount on top of it. This is common practice and while some consider the added amount to be free money, it isn’t really.
A sportsbook needs to get something extra in order to give out this added benefit; otherwise they are just giving away money that could be added to payouts. This may be a sign of generosity, but there is always something they want in return.
The bonus is largely based around the wagering requirements (the amount you have to bet before being able to cash out) so if the sportsbook has high requirements then this could be reflected in their odds. Be wary of any sportsbook that has a deposit bonus with a wagering requirement of more than 50x.
Customer Service
There will be times when you have issues with your account, you need help or something goes wrong. This is why it is essential to go to a sportsbook like Winbig7 that provides exceptional customer service.
If there isn’t an option to call or talk to someone, then be weary. If you can’t get in touch with someone quickly and easily it makes it more difficult to resolve problems and this could lead to a loss of money.
Takeaway
There are many great sportsbook choices out there these days. However with so many options available, finding one that has all five of the qualities above can be difficult.
Sportsbook reviews are available online, however it is beneficial to find out what other people say about the options you are interested in yourself. Connecting with others who enjoy sports and discussing betting strategies can also help you narrow down your choices. Once you have completed your research it should be easy to choose an online sportsbook that meets all of your requirements and has great odds and payouts.