Sports Betting Sites – Reliable or Scam?

Contents

Are Betting Sites Reliable?

Reliable betting sites

An operator’s security is a significant concern when it comes to online gambling. Can you trust online sports betting sites with your sensitive information? How do you know that you’re not signing up with a scam? These are vital questions to ask.

In the 90s, the internet was still a vast and unexplored land. Many sites had little to no security features in place. Nowadays, the opposite is true. The majority of websites have implemented many security protocols to combat cybercriminals. However, you can still encounter dodgy sites once in a while.

Overall, you must know the bottom line. And in fact, many sports betting sites run by renowned bookmakers are safe, secure and reliable. However, you do need to take certain precautions to protect yourself in the online world.


Five Security Measures at Reliable Online Sports Betting Sites

There are five primary security measures that any reliable operator should have in place. These allow you to distinguish between reputable and low-quality sites:

Security Protocols

There’s a constant stream of data entering and leaving any gambling site. This data includes its player’s personal and financial information. Reputable operators depend upon these players for a functioning gambling platform.

Bookmakers also value their players immensely. Trustworthy operators will take every step possible to ensure that your information is safe and secure through the following security protocols:

  • Firewalls
    A firewall is a security device that checks incoming and outgoing website traffic. It allows or blocks specific data, based on strict security rules. A firewall can consist of hardware, software, or both. Essentially, it prevents unauthorised traffic from accessing the server.
  • SSL
    SSL stands for Secure Socket Layer. This technology allows for a secure server to browse transactions. Additionally, it also encrypts sensitive information that potential hackers can’t access. It’s easy to see whether a site has an SSL certificate by looking at the URL. If it begins with “HTTPS” rather than “HTTP”, then it means the site is secure, which is what the “S” denotes.
License and Regulation

Every online sportsbook must have a license that’s been issued by a credible regulatory authority. There are no exceptions. Additionally, it’s a red flag if an operator had a license but lost it, as this means that it violated the rules.

Regulatory bodies test for many things. These include player complaints, player exclusion programs, deposit limits, customer support options, and much more. There are regular audits that take place as well, so a license isn’t a one time deal. Moreover, online sports betting sites must continue to adhere to the rules at all times.

Keep in mind that some regulatory bodies are more relaxed when compared to others. This means that operators will have more freedom and fewer restrictions as well. You can quickly check if a sportsbook is licensed by scrolling down to the bottom of the website. So, it’s crucial to gamble at online sports betting sites that are licensed by the top dogs, such as UK Gambling Commission, MGA, Government of Curacao to name but a few.

Quick and Reliable Payouts

One of the most common scams on betting sites is when you make a deposit but can’t get your money back.

Additionally, some operators also implement challenging obstacles for withdrawals. These include unnecessary verification documents and unreasonable minimum withdrawal limits.

Generally, a solid sportsbook will offer same-day payouts for e-wallet transactions and a maximum of three to five days for debit and credit card withdrawals.

Although verifying your identity can be an inconvenience, this measure is in place to protect you. It also means the operator cares about identity theft and fraud prevention. So, follow these procedures, but make sure they’re both reasonable and straightforward.

Established Record

The gambling industry is constantly expanding, with new operators popping up daily. Established operators have years of experience, along with a solid player base. This makes them a safe and obvious choice, so look for popular bookmakers by traffic that attract lots of punters regularly. Although you shouldn’t write a site off based on its incorporation date, you should proceed with caution.

Some new sportsbooks have a knowledgeable team that has already operated several sites and gained the necessary experience. However, you can sometimes encounter completely new sites, run by individuals with no prior gambling knowledge or experience.

Try to steer clear of these new operators. They won’t make any recommended lists yet unless they do something exceptional to earn players’ trust.

Terms and Conditions

Many punters tend to overlook an operator’s terms and conditions. Sure, it’s a time-consuming process to read through everything, but it can only benefit you in the long run. The terms and conditions describe how an online sports betting site conducts business. You can find rules on bonuses, special promotions, wagering requirements, winning payouts, and much more. If you take the time to read the terms thoroughly, then you’ll never be caught off guard.

Sometimes, rogue operators will change their terms and conditions to suit their agenda. For example, you make a deposit, clear the wagering requirements, and want to withdraw. However, the operator doesn’t allow you to do so. It says that you wagered on the wrong markets or didn’t complete the playthrough requirements correctly.

To avoid this, take a screenshot of the conditions that apply to you and reference it if a problem occurs. You may not get your money back, but at least you can warn other players and cause some damage to the reputation of scam sportsbooks.


How Illegitimate Online Sports Betting Sites Try to Scam You

Scam tactics at bookies

There are many ways that predatory sites try to con you. If you know what to look out for, you can avoid these risks. Firstly, you should check to see if the bookmaker is blacklisted or not as this makes a huge difference. Otherwise, you might get scammed by an illegal betting site. Here are some of the main risks associated with gambling sites:

Theft

This is the most common online scam. It merely refers to the site stealing the money you deposit or refusing to give it back to you. You can avoid this easily by sticking to safe sites that have fast payouts.

Identity Theft

It can be nerve-wracking to have to upload a copy of your ID and a recent utility bill to verify your betting account. As long as you’re gambling at a reputable operator, your information is safe.

Fee Gouging

This refers to operators confiscating your earnings for no reason or taking some back in the form of hefty fees. Once again, you can prevent falling victim to this by taking the time to read the terms and conditions.

Viruses and Malware

Mobile betting is widespread nowadays. Additionally, many punters choose to download an app from their favourite sports betting site. Use a proper antivirus programme to avoid any malicious software attacks.

Rigged Odds

Scam sites tend to create their odds to rip you off. Above all, you can avoid this by gambling at reputable operators.


How to Stay Safe at Online Sports Betting Sites

Online sports betting sites have security measures that they need to follow. Additionally, you should ensure that your details are safe and protected by following these tips:

  • Install antivirus software on all of your devices, and update it regularly.
  • Use strong passwords with a combination of uppercase letters, lowercase letters, number and special symbols.
  • Use different passwords at different sites.
  • Never tell anyone your login details.
  • Change your passwords regularly.
  • Never send your banking details through email, text or live chat. Only enter these details directly through a payment portal.

Final Thoughts

Security is a big concern for online punters. However, there’s no reason why you shouldn’t have a safe online gambling experience. There are risks involved, like with anything else in life, but if you follow the precautions and seek out professional and reputable bookies and operators, then you should be good to go.

Javia Alex
Javia Alex is an expert-level Copywriter/Editor with a wealth of experience in the iGaming scene. A self-described player advocate, Javia’s player-first mindset, “tell it like it is”, has earned her an oft-cited voice across gambling circles. She frequently works late nights and long hours, fact-checking reviews and pages for accuracy.
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