A sportsbook is a place where you can place a bet on a variety of sporting events. Some sportsbooks accept multiple currencies. Some also offer bonuses for new players. However, you should avoid fly-by-night sportsbooks at all costs. Here are some tips to help you find a sportsbook that’s safe and trustworthy.
Beware of fly-by-night sportsbooks
There are many reasons to choose a reputable sportsbook, but customer service should be a top priority. You’ll need to have an idea of how they handle your account and be aware of their policies when it comes to withdrawals and payments. You should also be aware of any bonus offers and incentives they may offer, as not all sportsbooks are created equal. Some of these incentives may include free bets, but you’ll want to check out the terms and conditions of each.
Before you deposit money at an online sportsbook, make sure they’re licensed. This license is important because it proves the legitimacy of the site and its operators. Be sure to look for it in the ‘About Us’ section of the site. Additionally, they’ll want to make sure you’re over the age of 18 (some states require bettors to be over 21). Finally, a legitimate sportsbook will ensure your identity is protected by using various payment providers.
Reputable sportsbooks accept multiple currencies
A good sportsbook should be able to accept multiple currencies, which is beneficial for players from different countries. Traditional sportsbooks only accept deposits in fiat currencies, such as USD and EUR, and have to deal with the risk of chargebacks from financial third parties. If you feel that your money has been lost or stolen, you can request a chargeback from your credit card provider. Bitcoin bets do not have this risk, and transactions are permanent.
Some reputable sportsbooks accept Bitcoin as a form of payment. This currency gives you the added advantage of fast transactions because each transaction is verified on a public ledger. This allows for faster deposit and withdrawal times, which is a benefit to players. In addition, crypto sportsbooks typically have in-built crypto wallets, making it easy for customers to deposit and withdraw their winnings. Moreover, most crypto sportsbooks offer instant payouts, and you can cash out your winnings on the same day. In contrast, standard sportsbooks take three to four days to payout a bet.
They offer bonuses to new players
When you register with a sportsbook, you can often claim a bonus. To do so, look for a field labeled ‘Promo Code’ on the deposit or registration page. When you find this field, enter your promo code to claim your bonus. However, in some cases, you do not need a code at all. You just need to opt-in, which typically involves clicking on a button that says “Opt-in” or “Deposit Now.” Most reviews of a sportsbook will include detailed instructions for how to claim bonuses.
The best way to build your bankroll is to take advantage of sportsbook promotions. These bonuses can come in the form of risk-free bets, deposit bonuses, or even boosted odds. For example, FanDuel’s current sportsbook promotion includes a $150 bonus for the first $5 bet you place. The sportsbook will also give you two free entries and two free bets.