Today there are thousands of online betting providers, and as a bettor you should choose one or just a few of them. The choice is by no means easy: you always want to find the best sports betting provider and not regret your own choice later? Should it be a bookmaker or another online bookmaker? Or do you have to choose a betting portal that also operates like a casino? You are overwhelmed with various questions and feel lost. In this compact guide we list the four most important factors that you should consider first and foremost when choosing a bookmaker, from the license to the bonus offer.
Valid betting license
The bookmaker should definitely be legal. If it is a provider that operates gambling without a license, you should definitely not place bets with them. Unlicensed bookmakers are not always fraudsters, but they are dubious. In order to get a gambling license, the sports betting provider has to prove its own seriousness. The main thing is that the bookmaker is financially able to pay money to customers.
So even if an unlicensed bookmaker is not planning to commit fraud, placing bets with such a bookmaker is not a good idea. In addition, it is best to choose sports betting providers that have a German concession (gambling license). Yes, there are many other reputable gambling licenses such as a Maltese gambling license, but betting with a bookmaker licensed in Germany is the best. This way you can be 100% sure that you will always claim your money back and receive it on time when it comes to German law.
Bet depth
Look at what the bookmaker’s betting offer is. Does the bookmaker only offer the most common betting markets, or not? Are there special bets and long-term bets in the betting offer? What is the range of live bets? Which sports does the bookmaker offer to punters? Even if you only want to place bets on one sport, a well-structured betting offer from the bookmaker is a sign of good quality and seriousness.
Secure payment options
The range of transparent and secure payment methods that a good bookmaker should offer customers is very important. It is important that players’ finances are protected from fraud. It is also an advantage to have a good selection: depending on the situation, you can always choose the method that suits your own goals and financial situation.
A good, reputable bookmaker also has its own measures for fraud risk management. Information about this can usually be found in the general terms and conditions on the casino’s website. Transactions in cryptocurrencies are very secure, so a bookmaker who accepts payments with cryptocurrencies should be a good choice for you.
Bonus system
With bonus offers you can make your own betting on sports much more interesting, varied and profitable. Analyze what bonuses and promotions the bookmaker offers to players. As a rule, the welcome bonus for new customers is a must, but it is important how high the bonus is for new customers. Do you have to make a deposit beforehand? Also pay attention to what other bonuses the bookmaker has. A bonus such as free bets has many advantages for players: you can save a bit of money with it.
The criteria we have listed in this article are not all the criteria to look at, but these criteria should serve as a basis for choosing.