Which is the Best Betting Site? The Key Factors to Look Out for

In fact, according to research by Global Market Insights Inc., the total value of the market could be as high as $160 billion by 2026.

While this shows that many more people are enjoying the option to wager comfortably at home, it also means that the market has become far more competitive, with lots of new betting sites springing up. This makes it more important than ever before that you find out the factors that let you know which one to choose.

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The Biggest Welcome Bonus

Most of these sites now offer an eye-catching welcome bonus. This is a way for new players to get started with some extra funds in their account, so it is a good idea to see which operator currently has the most generous offer.

A look at a betting site comparison service shows us options such as a $300 dollar offer from Betway, $100 from Bet365, and $250 from William Hill. If we click on the Betway details, for example, we can see that their current deal involves a 100% deposit boost up to the $300 mentioned, to be used on a free bet. 

The Deposit and Withdrawal Options

There are many different ways of depositing and withdrawing money from these betting sites, including some of the best electronic wallet options, as well as bank cards. The list typically contains PayPal, Skrill, Neteller, bank transfers, and more, but not every site offers all of the most trusted methods.

Therefore, it is vital that you look for a site that offers the banking methods you are interested in. You will also want to see how long withdrawals take and whether there are any fees involves. A good betting site will give you fast, trouble-free banking with no fees.     

Range of Betting Options

One thing you don't want to find is that your chosen site only offers a small list of betting options you aren't interested in. The top sites in this industry will let you wager on a large variety of sports from across the world and in a range of different markets.

As well as the most popular sports, you might be interested in niche sports like cycling and table tennis. Some operators also offer interesting alternatives in areas like election bets, television, and entertainment, to add some extra variation to the activity.

Picture 2 of Which is the Best Betting Site? The Key Factors to Look Out for

Source: Pixabay

Safety and Security

Finally, all of the previous points won't be worth much if you play on a rogue site that isn't properly run. You should always look for a betting operator that has a strong reputation for fairness and professionalism.

By looking at some online reviews on a trusted site, you will soon start to see which sites you can join without any issues. If the majority of reviews are negative then it is best avoided, though.

By looking for websites that meet this criteria, you can be sure that you make a wise choice and can start placing your bets without any worries.

Isabella Humphrey

Update 18 September 2020