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Online betting is nearly as old as the internet, but regulations are still growing and they vary greatly on the country that issues the licenses. Casinos and Sportsbook want to reach as many players as possible, so they need a license that opens up all the markets while still having a respectable reputation. Recently, there has been greater harmonization of how the sports betting regulations from different regions will apply to a single venue. This means casinos and legal online sportsbooks must put more effort into providing more entertainment options, safer online betting, and better customer support.
So, what are the Best Betting Sites for Sports in 2024?
If you want top betting sites, you’ve come to the right place. At BetGurus, we look at all the features top sportsbooks should have — and the types of sites you should avoid. First and foremost, you should only consider venues regulated by a reputable gambling authority. You also want to choose sites that are old enough to generate reviews from their players.
Most countries have a common goal when it comes to regulated betting platforms. Countries want to be able to tax the entity, ensure that any of their citizens are protected from exploitation – and that gambling addiction is monitored, detected, and dealt with responsibly. This guide aims to navigate the big regulation issues and explain them understandably.
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The most important feature to look for before registering with a venue is the licensing. Any license issued by an official government body is better than nothing. You should also investigate how a legal betting site’s status applies to the country you want to bet from.
Betting is legal as long as the venue is regulated and the player resides in a country that allows such activities. There are plenty of laws forbidding players under certain ages from being exposed to or engaging in betting. However, for most adults, there are more concerns over gambling addiction. A betting regulator monitors a betting venue for not strictly abiding by the laws and will apply hefty fines and even strip away licenses for working outside their remit. There is some confusion about the difference between the best online betting sites and betting in a fixed venue because there is little other than an online venue that needs to be even more careful to protect a player’s activities and information.
A gambling venue should be afraid of losing its license, otherwise, what do they have to lose by letting players bet with them? This is not to say that the betting venue has all the responsibility. Players should also check that their local laws permit them to bet. Some countries may allow sports betting and not casino betting. Players should start asking the support team of the venue they want to join for more information on their legal betting status. There is also a lot of information online about the legality of online betting sites.
All venues want to sweeten the deal to get you to join. The most common thing to see is a 100% deposit bonus – for casino deposit bonuses, you should also get free spins for slots and maybe a free turn on an in-house game. The big differences are the limits to the deposit bonuses and the wagering requirements. It’s fairly common to see a casino deposit bonus limited to €500 -with 35 times wagering requirement- and the first sports bonus limited to €100.
You also want to look into the terms and conditions to see if you are limited on how you can use these bonuses. Casino bonuses will apply to all games but not sports odds. Sports bonuses may only be valid for sports bets and not live sports bets.
Wagering Requirements: All promotions have requirements, like minimum wagering, what you can bet on, or a deadline to claim the promotion. Bonuses also have lifespans. Common wagering requirements for a casino bonus are 35 times the value of the bonus. Free spins may require 40 times the value of the bonus. Sport betting bonuses tend to have 3 to 4 times wagering requirements.
There is plenty of choice when it comes to sports. Some sporting events, like the Olympics, may be popular once every four years, but there are a few sports that bettors flock to regularly.
Soccer/Football Betting Platforms
With a fan base approaching 4 billion, this remains at the top of the list of betting favorites. With so many associations and leagues, a major football battle is always happening somewhere.
Popular Football betting odds markets:
BTTS (Both Teams to Score) – A simple bet on both teams scoring.
Cricket
Cricket is hugely popular in Asian Countries, resulting in a fan base of over 2 billion. This means that, like football, an online sportsbook should offer plenty of betting markets to take advantage of.
Basketball
Basketball has also progressed to multiple associations and leagues, with the NBA being the most famous. FIBA is also popular, meaning fans get regular chances to bet.
Golf
This game continues to raise its head in the betting world. And because golf has been going on for so long, tournaments happen all the time, meaning there is no such thing as a golfing season.
Still in the top 5 popular sports, tennis has a strong fan base that likes to bet. Tournaments from Australia to Paris mean that the action can continue year-round.
Horse Racing
Part of the attraction of horseracing is the proud and glorious animals involved. Races are being held daily. Punters still flock in their thousands to see Royal Ascot, the Kentucky Derby, and the UAE Derby live.
Forecast Bet – Predicting the horses to finish as winner and runner-up.
Most players and bettors will start choosing an online venue by looking at what they can bet on and then at the payment providers the venue accepts. Most, if not all, venues will offer credit cards as an option, but it is increasingly common to see crypto providers.
Credit/Debit Cards
Mastercard and VISA are still leading the pack. Those who use these methods to deposit may see the provider charge for the transaction, even if the betting platform does not.
E-Wallets
E-wallets have long been considered more secure since they separate salaried accounts from spending accounts. Providers like PayPal, Skrill, and Neteller will process payments for free.
Bank Transfers
Some players still prefer direct contact with their bank and can use this method. Bank transfers are among the slowest methods.
Cryptocurrency
Complete independent of any bank account. And because they don’t rely on staff, depositing with these methods should be free and the fastest way.
Prepaid Card
In some distant way, prepaid solutions like PaySafe and Revolut have a connection to a donor bank account. However, the cash on these cards is limited by how much you want to put on them, making them a fantastic option for online betting.
Mobile Payments
Most people have their smart devices on them all the time and even use them with Apple Pay and Google Pay to make purchases. Payment times should be in the same region as regular credit and debit cards.
Sometimes, betting platforms seem so similar that it is hard to choose between the good and the best. It can also be difficult to see the difference in experience between betting online and betting in a fixed venue.
Pros:
Cons:
Look for sites with a good reputation, competitive odds, diverse sports markets, and attractive bonuses. Check for licenses, security measures, and reliable payment options. Our reviews on BetGurus help simplify this process by highlighting the top-rated sportsbooks and casinos.
Yes, if they are licensed and regulated by recognized authorities like the UK Gambling Commission or the Malta Gaming Authority. We only recommend trusted sites that have been thoroughly vetted for security, fairness, and customer support.
Absolutely! Most top betting sites offer generous welcome bonuses, free bets, cashback, and ongoing promotions. BetGurus provides exclusive bonus codes to help you get the best deals.
The best betting sites offer a wide range of sports, including football, basketball, tennis, horse racing, and eSports. Many also provide live betting options for an immersive experience.