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There's a new and explosive trend in the world of gambling and sports betting? Internet sports betting where millions of men and women enjoy legal online sports betting wagering many billions of dollars per year. The web offers many opportunities for offshore sportsbook betting and it has revolutionised the way people bet. With any new type of betting you can find always dangers and pitfalls that it's important to watch out for. Online sports betting is no exception. Although online sportsbooks have made it simpler to bet on all of your favourite sports the web is riddled with unsafe and unlicensed sportsbooks that are only too happy to take your hard earned money and run. It's these cowboys which have made it much harder for the legitimate safe, regulated and licensed online sportsbetting industry to operate, and they have given the industry as a whole a bad name.

Therefore it is crucial that anybody who may be considering throwing some money at their favourite team or sport, look closely at the online sports betting site they may be betting with. There are a number of factors to consider when assessing whether or not to open an account by having an online sportsbook.

Is the sportsbook licensed by a government licensing authority? Their web-site should state the country the book is licensed in. If there is absolutely no mention of their licensing information on their own web-site then it's highly probable that they can be not licensed by any government agency. Betting having an unlicensed betting outfit is similar to throwing your hard earned money away. Also some countries have more stringent regulations, oversee their licensees more closely, and require more funds for them to operate, eg. UK.

Security - Will be the sportbook using the latest internet security mechanisms? Most reputable betting outfits have highly advanced security on their web pages to stop personal and banking information being exposed and breached.

Depositing options. The sportsbook must have a range of depositing options and preferably accept 3rd party e-wallets such as Neteller and Moneybookers. Using a 3rd party e-wallet service for example Neteller reduces the need to send personal and financial information to every book you sign up with.

24 hour customer support by phone and email. A lot of the reputable sportsbooks offer 24 hour support by mobile device, e-mail and excellent football online chat.

Incorporates extensive features offering many different betting types and competitive odds. Some provide a multitude of betting types and other features such as statistics on all of their betting products. Some may specialise in betting on a particular sport and may offer the best odds for that sport but offer lousy odds on others. Due to this reason many professional bettors shop around and open accounts with a range of reputable sportsbooks to receive the very best deals.