BOOKMAKERS – INTRODUCTION AND ANALYSIS OF THE BEST BOOKMAKERS ON THE MARKET

The principles by which bookmakers work are straightforward and quite obvious. Bookmakers receive money when a player places a bet and pay out whenever the player wins the bet. The idea is to have the players bet more than the final prize paid to them. This is the primary objective of every bookmaker. Of course, bookmakers have no control over the outcome of a sports event, but they can determine the odds for the outcome. Bookmakers can ultimately make a profit by setting the odds on all available types of bets on their sites.

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What we need to know about online bookmakers

Today all bookmakers develop and provide their own websites. In the past, bookmakers only managed betting through posts at local betting spots. But times have changed, and bookmaker websites have become widely known. The gambling industry itself has grown to a huge size. One of the advantages of such a bookmaker websites is that you can sit comfortably and bet in front of your computer. Most bookmakers have developed downloadable applications and mobile versions of the site, so anyone can bet through their mobile device. These mobile versions and mobile applications are designed to be compatible with most modern smartphones and tablets. Over time, online betting has become much more comfortable and the practicality and simplicity of using old-fashioned local bookmakers has diminished. USA is no exception, and there are many bookmakers in the American market today.

Let’s summarize the benefits of online sports betting:

Practicality – There is no need to travel to make your bets.

Bets can be made from the player’s comfortable home or through a mobile device while on the move.

Various payment methods – Bookmakers offer a variety of payment methods.Customer Care – A high-service bookmaker has a section dedicated to addressing customer needs.

Bonuses – One of the biggest reasons players use online betting. Bonuses (especially free bonuses that do not require a deposit ) allow you to get used to the betting process at bookmakers and make it easier to step into the world of online betting. This also allows players to learn the basics of betting and to establish a foundation so they can make accurate decisions about how to place their bets in the future.

Live betting – You can bet on live games in the online world, just like the old-fashioned way.

Live Streaming – In the past, you might have needed cable or satellite to watch a particular game or game, but now hundreds of sports and games are broadcast live. The great thing is that all the games on the bookmaker’s site are video streamed.

Most major bookmaker sites have an option to stop betting, called “CASH-OUT” or “STOP-LOSS”.

What are the disadvantages of online betting?

Finding sites that set attractive and fair odds is not easy. Here at CasinoDaddy.com, we are introducing only bookmakers that offer competitive and high magnification.

Many sites do not accept foreign players. Unfortunately, many of these sites are working on getting hard to obtain licenses for legitimate operations.

Many bookmakers place restrictions on players.

Many payment methods have a due date for winnings. We recommend using Moneybookers money transfer service or other electronic wallet remittance options. However, if you have to wait for one to five days, use a debit or credit card or bank transfer as a reliable payment method.

Using multiple betting sites

If you find that quality of service is poor, that you have difficulty depositing and withdrawing, or that you have a limited area to wager on, you need to consider other options. In the sports betting world, you don’t have to be absolutely loyal to one bookmaker, and using multiple bookmakers is perfectly fine. In fact, it is also a great advantage if you want to find the best odds or use promotions and bet offers.

What should we focus on when choosing a bookmaker?

1. A gambling license

Should I play with a licensed or an unlicensed bookmaker?

For many players, especially new players, it is very difficult to decide between a licensed bookmaker or one that has not yet been legalized in your country. As you know, gambling authorities in Gibraltar and Malta have licensed a number of bookmakers, including Betsson, Betsafe, and Guts. In many countries, bookmakers also need to issue licenses to the territories where they do business. Thanks to this, players can access the official website without any problems, while bookmakers can pay taxes in certain countries. Betfair has followed the footsteps of the aforementioned companies and, after much controversy, got licensed in most countries of the European Union. That is a clear proof that the bookmaker meets all requirements.

However, the fact that some bookmakers have not yet obtained a license for a particular country does not mean that they do not provide good terms or indicators. For example, Betsson, which has successfully obtained licenses in many countries, is one example of a time-consuming license application. Because they already have a legal license, players can register on the site without having to worry about restricted access. Betsafe is one of the unlicensed sites in many countries, but players can access it from different addresses.

Benefits of licensed bookmakers:

They legally operate and pay taxes. This establishes a solid brand and clears the high demands of players.

There is no need to search for mirror sites or alternative links for access.

Most bookmakers offer a English version of the website and expert customer care.

Unlicensed bookmakers:

You need to use a different connection to access the site.

Even if you haven’t been approved yet, they may offer you excellent offers such as multipliers, bonuses and refunds.

2. Payment Methods

First off, it is important to check what kind of deposit and withdrawal methods are allowed by the particular website. There should be the most popular and convenient ones such as: debit and credit cards, Moneybookers, bank transfer or others. See our full listing of casino payment methods here.

Secondly, you should check if there is a tax when depositing or withdrawing money. Usually, no such tax exists, but if there is one then it would be minimal. Familiarize yourself with the type of tax!

What are the limits for placing bets – what is the minimum deposit and how much can you bet.

How long it will take for your money to reach you with each different payment method. As we have mentioned, with most methods it takes 1-5 days, whereas, with electronic wallets such as Neteller or Skrill, the process will only take minutes.

3. New player bonuses and other promotions

One of the most discussed factors is the existence of bonuses amongst online bookmakers. Without doubt, this can be a huge plus, especially if a certain website offers you a compensation-free starting bonus. In this way you will be able to familiarize yourselves with the way the game is played and all of its online distinctions. The best part is that you will not be losing any of your own money but rather the money given to you by the bookmaker.

Aside from the compensation-free bonuses, there are also those bonuses that you receive for a first-time deposit. Some are 50% of the overall bet that you have placed and others are 100%. But do not let yourself be tricked if a particular bookmaker is giving you a larger amount as a bonus! It is important to know that the larger bonuses are bound with even more requirements. This way the money gets rolled over and only after that are you able to withdraw the sum total. We recommend that you focus on bookmakers giving out smaller bonuses, with simpler requirements for money roll over where you are not as bound.

Bonuses for registered clients

Even though some bookmakers may have some unappealing bonuses for new players, they might be among the best in bonus offers for players who have already been registered. You should always familiarize yourself with all of the requirements and all other information about bonuses for every bookmaker!

4. Betting possibilities and offered championships

Any good bookmaker must combine many different sports and, respectively, an assortment of championships and divisions. If you are set on betting on any particular matches that are not available on certain bookmakers that would definitely be a sign that you should look to another one. It is crucial that you choose a bookmaker that not only offers all the standard options for the end result but also includes the following for all of the matches and bets. In football betting important betting options are:

-Half-times (first/last)
-Number of corners
-Goals (over/under)
-Cards
-Violations/Fouls
-Goalscorers
-Asian Handicap

5. Real-time bets and live streaming

There probably isn’t a single player who does not deal in real-life betting. This kind of betting is far more dynamic, offers more adrenalin and in most cases the coefficients are considerably higher. This is the reason why most players choose bookmakers that offer real-time bets. It is important to mention that you should pay attention to the number of broadcasted matches, as there are many websites who do in fact offer real-time bets, but there are not as many available matches. The leading online bookmakers offer more than 20 000 matches a month available for real-time bets. Such a bookmaker in Europe would be MelBet. You can read all about what they offer in our review.

Live-streaming

Live-streaming allows you to watch any live match. Live video streaming directly from the bookmaker website contributes for better tracking of the development of matches. This way you can easily come to conclusions and respectively place your bets with the hope that they are the most reasonable. The quality websites offer more than 2000 live-stream matches a month.

6. Mobile versions and available applications

Very important factors in choosing a bookmaker! There is no way around these criteria since more and more players place their bet through their mobile devices. It is absolutely crucial for a bookmaker website to have developed a mobile version compatible with all mobile devices. Even though a large number of websites already have a mobile version, not all of them have the so-called responsive. This kind of design is specially made for mobile devices. Through it the loading of a website is optimized for any device as well as almost any screen resolution.

You should also look for a bookmaker that has specially developed mobile applications for all the leading smartphones and tablets. Such applications are available mostly for Android devices (Samsung, HTC, Lenovo, a number of tablets, and others), iOS ( Iphones and Ipads), phones with Windows mobile software, and even some Blackberry models.

7. Customer care and support

We advise you to check up on how you can get in touch with the particular bookmaker that you have chosen. Check if the bookmaker offers a 24 hour care and support and if it is through phone, live-chat, email and so one. Our advice is that you choose a bookmaker that offers all of these contact options. Also, you should make sure that their customer care and support team is highly rated and have only positive reviews written about them!

To summarize

To ensure that they make a profit sportsbooks have no interest in offering true odds at any time.They make their money from offering odds that give them an edge at all times. That doesn’t mean, though, that true odds or better can’t be found at times with hard work and focus. That’s the job of a successful bettor.Focus on finding your edge, sport and strategy.Once you have the right bookmaker to support you, knowledge and experience will take you a long way.