Reader Comments

Good Online Soccer Facts

by Carson Simpkinson (2020-02-06)


There are various sportsbooks online. However many are reliable, numerous successful sports bettors lose money because they fall victim to rogue sportsbooks.

Rogue sportsbooks are sportsbooks that wind up defaulting on players' winnings, thus leaving successful sports bettors left with nothing to show for their winning bets. Much like sportsbooks generally, not all rogue sportsbooks are exactly the same. They typically fall into two categories.

The very first category includes the fly-by-night sportsbooks that open up with the intent to scam their customers. These sportsbooks are just open for a short time frame and then go out of business. When these operations shut down their sites, they take any money that is owed to their winning players with them.

Even when a bettor requests a payout from one of these scam sportsbooks ahead of them closing up shop, they will stall the payment as long because they can. They will slowly process the request in hopes that the bettor either loses the cash back or until they choose to go out of business and take the cash with them.

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 improve their betting handle and paying out all the business expenses (employees' wages, trusted gambling site maintenance, etc.), they do not have enough capital left over to cover the expense of their players' winning bets.

Unfortunately, these companies end up turning to the same tactics as the scam sportsbooks. In certain cases, they are going to be purchased by a well-established, dependable sportsbook which will assume the debt and process the payouts to the winning players.

As part of your investigation, you should read online sportsbook reviews from people which have individually reviewed and placed bets at these sportsbooks. One other 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 well known sportsbook. Don't get burned by a rogue sportsbook. Do-your-homework to guarantee that you place bets with only reliable and dependable online sportsbooks.