Today, there are a wide variety of bookmakers available to you, both online and on the high street. Choosing the right bookmaker is extremely important, as it is likely to be a reflection on your betting success. You must make sure you choose a reputable company who are financially sound, but which also matches your taste in sports betting.
Set Up a Portfolio
All that said, it would be silly to simply only use one bookmaker, shopping around both on the high street and online means you are likely to find slightly better odds. What many industry experts recommend you do is to set up a stable portfolio of reputable bookmakers, particularly online. This would allow you to take advantages of improved odds, as well as the opportunity to cover more sports. Of course, you must ensure with this you only sign up to a limited, but reasonable number, so that you use them effectively.
There are several factors you need to consider when choosing a bookmaker including, reputation and jurisdiction, bonus offer, percentage payout, and a few others. We aim to discuss some of these below.
Reputation and Jurisdiction
Reputation of a bookmaker, particularly online is critical. You must ensure you are depositing your hard earned cash into a safe regulated organisation and don't want to risk that it disappears into an area of the world with poor regulation. Before signing up to any online bookmakers, ensure you carefully read the terms of any contract. There are some online bookmakers that will not accept players from new countries.
Average Payout
The average percentage payout information of a bookmaker gives you an indication of which company offers the most competitive odds. The average percentage payout will vary between bookmakers, with the better ones offering up to 98 percent.
Money Transactions
Users should check the range of transaction methods available when it comes to online bookmakers, not only in terms of deposit, but also withdrawal. The most common methods include credit/debit cards, PayPal and many others. You should also take note of the payout times.
Bonus Offered
Promotional offers is another consideration. Some online companies offer some bonus offers for new customers. Often, this will be in a form of a free bet, to the value of your first deposit, usually.
Author
Gavin Lenaghan
Gavin writes on a wide range of subjects, including articles and reviews about online casinos, slots, bingo, poker, and sportsbooks. He has considerable expertise in the games, customer service, and other aspects of today’s leading gambling and betting portals.