Take your time to read the reviews which we’ve written for you and remember – there are many players in this game, so the competition is massive. This could only be a positive thing for you. In this highly competitive industry, brokers have to fight for their customers, enticing them with various bonus offers, better odds, and promotions. We hope our reviews will give you an idea on what things should be taken into consideration while looking for the best betting agent and make the process easier for you!
To help you choose the right broker we have prepared for you 3 essential questions to ask before venturing into the gambling world with your first agent.
Is your broker regulated?
When you place your bet, so many factors influence its outcome: your psychological behavior, the weather conditions, the bookmaker’s odds. Even if you end up winning, your money is still not safe if the agent you use is not fully regulated by a governing and regulating organization. For all, you know it may go out of business the next day with all your bets and money. That’s why it’s so important to verify the reliability of the agent. Look for institutions such as Gambling Commission (GC), The Financial Service Authority (FSC), The Casino Operators Association (COA), and others, to protect your identity and winnings.
What are the deposit and withdrawal methods?
Deposits and, especially, withdrawals are the most common things in gamblers’ minds. We all want to press the “withdraw” button as often as possible, but if you don’t do your homework before registering with an agent, you may be in for a horrid surprise. Your country may not accept the payment methods offered by the broker, or the commission fee may be too costly in the long term. Today, there are various options to fund your account via betting agent that range from classic bank transfers to modern e-wallets such as Neteller or Skrill Moneybookers.
How good and fair are brokers’ odds?
Every bet you make have a certain probability of winning or losing. The flip of a coin has a 50/50 probability of heads and tails. This would be even money bet. If you bet 10 dollars and was paid 10 dollars, you would be paid by the true odds. However, to remain operational and generate profits, brokers and bookmakers offer you lower odds and keep the difference between their odds and the true odds as a commission. This commission is usually expressed in percentages and is called the house edge. Look only for brokers with a small house edge. Search for their historical odds data before taking their odds for granted. An odds converter tool will be very helpful if you’re not used to them.
Always read broker’s terms and conditions carefully! We know they tend to be long and boring, but checking them a few minutes could prevent you from so many mistakes and troubles.