Online Sportsbook .pdf
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Online Sports book
There are a plethora of sportsbooks online. Though many are reliable, numerous successful sports
bettors lose money because they fall victim to rogue sportsbooks.
Rogue sportsbooks are sportsbooks that end up defaulting on players' winnings, thus leaving successful
sports bettors left with nothing to show for their winning bets. Just like sportsbooks in general, not all
rogue sportsbooks are the same. They typically fall into two categories.
The first category includes the fly-by-night sportsbooks that open up with the intent to scam their
customers. These sportsbooks are only open for a short period of time and then go out of business.
When these operations shut down their websites, they take any money that is owed to their winning
players with them.
Even if a bettor requests a payout from one of these scam sportsbooks prior to them closing up shop,
they will stall the payment as long as they can. They will slowly process the request in hopes that the
bettor either loses the money back or until they decide to go out of business and take the money with
them. Online Sportsbook
Not all rogue sportsbooks open up shop with the intent to defraud their players. Some sportsbooks
begin their operation with the best intentions but lack the capital to fund their business venture. After
offering bonuses to increase their betting handle and paying out all other business expenses
(employees' wages, site maintenance, etc.), they don't have enough capital left over to cover the cost of
their players' winning bets.
Unfortunately, these companies end up resorting to the same tactics as the scam sportsbooks. In some
cases, they will be purchased by a well-established, trustworthy sportsbook who will assume the debt
and process the payouts to the winning players.
As part of your research, you should read online sportsbook reviews from people that have individually
reviewed and placed bets at these sportsbooks. Another way is to ask online sports bettors about
sportsbooks that they have used and their experiences with those sportsbooks.
The path to successful sports betting starts with a highly regarded sportsbook. Don't get burned by a
rogue sportsbook. Do your homework to ensure that you place bets with only reliable and dependable