What makes the safest online gambling sites and what are important factors for you to consider a gambling site trustworthy.
Every sports gambler needs online sports gambling sites because without them we can not bet. But choosing the right gambling site is sometimes not easy.
Here are 5 important factors to consider a gambling site trustworthy:
Before we start betting or gambling on sports we must be sure that online gambling sites will pay out our winnings if we win. If they do not pay, all other factors are not important.
The majority of online gambling sites will pay their customers, but the best will do it without a hassle. Withdrawals should be as easy and fast as deposits.
Online gambling sites make money from the loss of their customers and when it comes to big betting sites, they usually have more resources to pay out big wins.
Check maximum bet limit
When you bet against a bookmaker you are betting a certain amount of money. They do not have an unlimited amount of resources and because of that, they must set maximum bet limits to protect their business.
For a sports gambler who wants to bet a bigger amount of money, it is important to check maximum bet limits, because this is the money that he can gamble on a single event.
At the same time, it is important to check how fast they will limit you if you start winning. Some gambling sites have bigger tolerance and some have smaller tolerance when it comes to limiting players. You want to bet with an online gambling site, that has a bigger bet limit and will not limit you if you start winning.
The Odds and Margins
After you find a gambling site, which will pay you and will allow you to wager your desired amounts, you should start checking the odds and the margins.
Bookmakers’ margins are their fees and this is what we pay. The bigger their margins (vig, juice), the bigger their advantage.
How to understand gambling margins?
The easiest way to understand margins is on two teams example or flip coin experiment: We have two teams and let’s say, that there are only 2 possible outcomes (win-loss).
Both teams have a 50% of chance and the fair odds would be 2.00 vs 2.00. In American odds are +100 vs +100.
But gambling sites will not offer fair odds, because they exist because of the margins. Instead of 2.00 vs 2.00 (+100 vs +100), they will offer something like 1.95 vs 1.95 (-105 vs -105).
And this difference (5 cents) are margins, vig or juice. This is what you must pay extra and this is where online gambling sites take a commission. We simply must check their available odds and calculate margins to see what is our disadvantage. Lower the margins, better for us.
Good customer service can be a difference between an average gambling site and a good one. It is especially important when we face payouts, transactions, or even grading bets.
They must be quick and always look to find a good solution for their players. A the end of the day, you will trust your money to someone and many gamblers rather play with online gambling sites, that take care of their customers, even if they don’t have the best odds.
Website and user experience
Poor user experience will massively take away gamblers and the reputation of gambling sites will be at stake. The gambling sites must load quickly and mobile betting is on the rise.
Another thing is the time. Betting one minute too late can make a difference and because of that professional gamblers are looking for gambling sites that have a good user experience and very good functionality.
These factors will make an online gambling site safe. Check our recommended online gambling sites.