How to Stay Safe and Avoid Risk When Betting Online
Is online betting safe?
We get asked this question a good deal, and we always give the same answer. Online betting IS secure, but only in the event that you have a few precautions. It is ultimately down to YOU to ensure your own safety.
There’s no denying that gambling online for real money involves some danger. There’s the obvious threat of losing money on wagers naturally, but that is not what we’re discussing here. We are referring to the probability of getting ripped off or cheated in some way, or even the danger of getting into legal trouble. These risks, amongst others, are why folks worry about the protection of online gambling.
Although it’s not a bad thing to be careful of the dangers involved, the fact is that there’s not really much to worry about. Very few men and women who bet online need to face any real security problems, and there’s no reason why you should either. Avoiding the dangers and protecting yourself is really pretty simple.
Not convinced? Then this guide is just what you need. We look at each of the most common safety concerns concerning online betting, and explain the steps you can take to make sure those concerns DON’T turn into a reality.
Getting Ripped Away or Cheated
This is THE most frequent security concern we hear about. Lots of people worry that online betting sites simply can’t be reliable, and we understand why. Through the years there’ve been several betting sites guilty of some or all of the following.
Disappearing with client capital.
Not honoring winning wagers.
Not paying withdrawals, or paying very late.
The fact that these things have occurred at all reflects badly on the online gaming sector. It shouldn’t even be possible for websites to rip off their customers or to treat them unfairly.
Unfortunately it IS possible, however, and we are not even shocked that it happens. There are always going to be individuals in this world who attempt to scam or cheat others instead of make a fair living. And in some ways the internet has made it easier than ever to eliminate it.
With this in mind, it is not exactly surprising that some people don’t like the notion of gambling online for real money. They’re just not comfortable with the probability of being ripped off or cheated, and who can blame them?
The fantastic thing is that it’s not really that big of a hazard.
People do get ripped off and cheated from online betting websites. We would be lying if we said otherwise. That doesn’t mean that online gambling is basically unsafe though.
In fact, we’d go as far as to say that the reverse is true! There are a few shady websites which operate unethically (to put it mildly), but they are the exception rather than the rule. Most gambling sites are totally safe to use, and can be trusted to treat their customers in the right way.
So the key to staying safe is just to avoid the shady websites and stick together with the legitimate ones. But how can you do so? How do you know which sites can definitely be reliable?
This is simpler than you might think. Do a little investigating to determine which sites meet these criteria.
Licensed and regulated by a reputable governing body.
Been in operation for several years.
Favorable online reviews.
Lack of negative reports/complaints.
The very first item on this list is particularly important. Any website that is not licensed and regulated should be avoided at all costs. That does not mean you can just blindly trust any site that does have an online betting license though. Some licenses are really simple to get they’re barely even plausible. Others are issued to websites that comply with VERY strict rules and regulations. To learn more, please read the article we have listed below.
Online Gambling & The Role of Licensing Authorities
The duration of time a website has been operating is a very good measure of their legitimacy. Shady sites do not last too long, as they’re constantly getting closed down for one reason or another. If a website has been around for many years, it is likely to be one you can trust.
Online reviews are a great way to find out more about a gaming website. If a website has lots of positive reviews, that’s obviously a fantastic sign. Particularly when those testimonials are from those who have actually used those websites. Actual user reviews generally paint the most accurate picture.
WARNING
You need to be careful about trusting review websites. There are tons of websites that review betting sites and other gaming sites, but they are not all 100% honest. A number of them get paid to post positive reviews, which means that you can’t expect to get unbiased opinions. Be especially cautious when every single review appears to be favorable, and all sites get 5 stars or 10/10 evaluations.
We’ve got our very own review section here in GamblingSites.com. Our reviews ARE honest, and based on a combination of their own experiences and extra study. We write concerning the good and the bad, providing our subscribers with balanced perspectives and the information that they really must know.
When a betting site does participate in unethical behavior, it is very likely that the people affected will publicly express their concerns for everyone to see. That is why we advocate searching for negative reports and complaints. Simply do a Google search using the website name and”scam,””criticism,” or something comparable. If there’s anything bad you should know, you’re likely going to find it. If you don’t find anything, then that is a fantastic sign.
Please be aware that none of those individual criteria we’ve discussed here GUARANTEES that a site is a trusted. If you put them all together you may be quite confident that a site is legit, but you still will need to proceed with caution if you would like to protect yourself. We advise testing a site out with little deposits until you’re absolutely sure they can be trusted.
We realize that the majority of people who bet online, or want to, would prefer to just sign up using a website and start putting their wagers right away. Researching various different websites and analyzing them out is simply too much hassle. They still wish to keep safe though. Fortunately, we’ve got a solution for this issue.
We’ve done the hard work, having researched and tested a broad range of betting websites. Based on our findings, we have compiled of listing of recommended websites that we believe are the best around. This is finally only our opinion, but one thing’s for sure. Each and each of our recommendations is safe to use. They are all legitimate, trustworthy and reliable. We just wouldn’t suggest them differently.
Best Sports Betting Sites As recommended by GamblingSites.com
Breaking the Law
Why would anybody be concerned about breaking the law when betting online? Anyone who lives in a country where online gambling is completely legalized or regulated might be wondering why this. Regrettably, in different countries around the world, there are people who completely understand why breaking the law is in question.
These people genuinely do not know if it’s lawful for them to place wagers online, since the online betting laws within their nations are outdated, confusing or even both. It’s not clear what is legal and what’s not, so people obviously worry that placing an online wager may be breaking the law.
Now, we’re not lawyers. We’ve researched the laws relating to online gambling extensively though, and we have come to two very clear conclusions. The first is that most online gambling laws is aimed at those who supply online gambling services and run gambling websites. The next is that there are not any laws that explicitly make it illegal for somebody to put a sports wager online.
What does this mean for you?
In our opinion it means that there’s hardly any risk of getting into legal trouble for betting online. We can’t say for certain that you are 100% safe from breaking the law, but we really do not think that is a problem.
It is important that you steer clear of betting websites which may be operating illegally though. The folks operating an illegal site are a lot more likely to face prosecution than the customers, but why risk it? Even if you don’t get arrested (and you likely won’t), guess what happens when an illegal gambling site gets busted? All their resources become captured, so you’re probably lose any money you have in the site.
There are plenty of betting sites that operate lawfully within the authorities where they are based. Including ALL the websites that we advocate. Stick with them and you should never have to worry about any legal difficulties.
Personal Details Being Performed or Stolen
These are two separate risks really. The risk of your personal details being offered is readily averted, as you simply need to utilize one of our favorite gambling sites. These are legit websites that simply don’t engage in this type of behavior. They won’t sell your email address to other businesses that will spam you to death. Nor will they market your banking information to fraudsters.
They will keep your personal details private, because your safety is important to them.
Utilizing reputable and trustworthy websites will also reduce the odds of your personal information being stolen. These websites utilize the latest security and encryption technologies to make sure your information is as safe as it could be. There is still SOME threat unfortunately, as even the most reliable companies in the world are finally prone to hackers. Just ask Microsoft, Sony or even Amazon. These companies have been hacked and’d customer information stolen.
Realistically, there’s only a very small possibility your private information will ever be stolen from an online betting site. Tiny enough that it’s not worth worrying about it. What is more likely is that the info is going to be stolen out of YOU once you’re accessing and utilizing betting sites.
Here are a few safety tips that will help you to keep your information safe, and prevent unauthorized access to your betting accounts. We strongly recommend you follow along with.
Install anti-virus and anti virus applications on all of your devices, and KEEP IT UPDATED.
Use strong passwords. Ideally with a combination of upper case and lower case letters, numbers and other symbols.
Use different passwords at different sites.
Do not provide your usernames or passwords to ANYONE.
Change your passwords regularly.
Use odd security questions/answers.
Do not send banking info via email, live chat or Skype. Only enter it straight at a betting site, where everything will be encrypted and secure.
Becoming Addicted
This is not the same sort of danger to the others mentioned so far. It is a really real risk, however, and one which you should definitely know about. A small percentage of people do get hooked on online betting, or at least experience some form of problem gaming. If you would like to remain safe from such risks, it’s VITAL that you gamble responsibly.
Your first step must be to set a budget based on how much you are prepared to deposit online. This should ideally be a weekly funding or even a monthly budget. It should be money that you could afford to lose, and that is not required for anything more significant.
You then need to be quite strict about sticking to your budget. Don’t warrant overspending by saying”just this once” or”I will win it back.” That’s how problem gambling starts, and things can soon escape control. Do not ever borrow money to wager with . If you don’t have the cash yourself, then you shouldn’t be betting. It is that easy.
Be mindful that most online betting sites allow you to set your own deposit limits. Please take advantage of this if you believe overspending will be something you struggle with. It is an additional layer of protection that you may be thankful for afterwards.
We also suggest learning about bankroll management and staking plans. This can allow you to remain in control, and it could even enhance your overall odds of winning money.
Please be aware that it’s best to avoid gaming all together in the event that you’ve got an addictive personality. You could be able to remain in control, but you might not. It is simply not worth the danger.
Overview There’s no actual reason online betting shouldn’t be a completely safe experience. There are some dangers involved for certain, but the majority of these risks may easily be averted. You simply have to take a few simple precautions.
If you only remember one thing in this guide, let it be this; which sites you choose to use CAN and WILL make a difference. By sticking to legitimate and legal websites that can be trusted, you are going to be able to eliminate lots of the common safety issues. Should you also gamble responsibly, and take some safety measures to protect yourself, you WILL be safe.
Then you can focus on having fun and wanting to acquire some money, which is EXACTLY what online sports betting is all about.
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