Legitimacy and regulation are two important words when it comes to online betting. Numerous unsavory sports-books are operating in the industry, and it might not be easy to differentiate them from the good ones. However, the emergence of cryptocurrencies in online betting platforms has helped paint a perfect picture of what a legitimate and well-run betting platform should look like.
Trying to spot the excellent sports-book from the poorly managed ones is a very tedious task. Unfortunately, there is no full list of crypto betting platforms where gamblers can quickly scour for options. However, as a pro bettor, you should be able to determine whether an online sports betting site is worth it using some factors. So, this article will show gamblers some tips on quickly recognizing a legit crypto platform.
How to Recognize a Legit Crypto Betting Platform
Operating on a legit crypto betting platform can save gamblers from stress in their journey. Bettors must register on a quality Bitcoin-betting platform to fully experience the fun of wagering with Bitcoin. Owning the coin alone does not guarantee smooth sailing; it has to be backed by a reputable establishment. Therefore, below are some ways to quickly recognize a legit Bitcoin betting platform.
● Quality of Proposed Gaming License
Everywhere you go now on the internet, you will find numerous betting platforms operating one gaming license or the other. There are too many now that choosing good or not is becoming difficult. Every bookmaker seeks to operate a gaming license on their site; some even operate multiple licenses. However, like most things in the sports betting industry, there are grades to the quality of service they can offer.
A legit Bitcoin betting site will always pick the best out of the lot when selecting a gaming license. It is the first step in trying to figure out if a bookmaker is legit or not. Once you open the sports betting site, go to its homepage’s footer and peek at its gaming license. You can do your research if you need to know what a quality gaming license looks like.
Full licenses in the industry are relatively easy to find because everyone is clamoring for them. Some full licenses of good quality to be on the lookout for include the Curaçao eGaming license, Malta Gambling Authority License, and the United Kingdom Gambling Commission license.
● Helpful Customer Support
A customer support option in online sportsbooks is significant, and they should be able to provide speedy help. There should be multiple options to prevent at least a backlog of customers trying to reach a support representative. A variety of options allows customers to choose the means that is most convenient for them.
Of all the support options provided, the one to always watch out for is the live chat feature. Every legit Bitcoin betting site has a 24/7 live chat feature among its support options. It is the benchmark for how and what a sportsbook customer support section should look like. Furthermore, the representative who assists must be well-trained in attending to customers.
● Good Reviews from Other Bettors
A legitimate Bitcoin casino can do little to prove its credibility to the world. The quality of service they provide speaks for itself in the industry. There are review platforms all over the internet where other gamblers provide reviews for the various betting platforms they’ve come across on their journey.
Excellent and robust reviews usually show that many other bettors like the casino. Most of the reviews provided give you an in-depth analysis of how the platforms operate. This information is essential as the details other bettors provide show you what to expect when registering.
● Multiple Bonus Offers
A generous welcome bonus is the first thing many bettors expect from a properly managed Bitcoin sports bookie. Many casinos are tight-handed when it comes to offering bonuses to their customers. However, it is understandable that giving thousands of customers free stuff is not easy, so even the bare minimum goes a long way.
Bitcoin betting platforms offer far better customer bonuses than fiat currency sportsbooks. They also have wagering requirements attached to these bonuses, so it is imperative to cross-check if it is feasible. Some sportsbooks may offer lucrative bonuses with unattainable wagering requirements. So, if the bonuses’ terms and conditions favor punters, then the sportsbook is legit.
● Easy Registration Procedure
Fiat currency sportsbooks often put bettors through the wringer when registering on their platform. Bettors have to upload numerous personal documents just to set up their accounts. However, the registration process is easy for Bitcoin platforms but varies among bookies.
A remarkable feature of cryptocurrency sportsbooks is that they are secure and operate with a high degree of anonymity. So, if you find a Bitcoin sportsbook requesting numerous personal details and bank information, something fishy is going on. Creating an account on the top crypto betting platforms in the industry is very easy, so don’t let anyone tell you otherwise.
● Well-Stocked Game Library
Gaming options are what make up any betting platform. If the options are minimal, it tells you much about the sportsbook. Numerous sports are being played daily, so a legitimate betting platform will try its best to provide all the options for you. So a legitimate sportsbook will provide sporting options such as football, basketball, hockey, horse racing and others for its customers.
Conclusion
Recognizing the difference between a shady betting platform and a legitimate betting website determines how much you will enjoy betting. However, the processes of this task have been simplified in this article. Therefore, consider the factors and precautions stated in this article for an enjoyable gambling journey.
