Best Online Sportsbooks in 2022 : Top Sports Betting Sites
A Brief About Online Sports Betting
It is challenging to find the best online sports betting sites. Every day fans are looking for the sportsbooks as betting options are becoming more prevalent. Now, the question that pops up in your mind is, Which top online sportsbooks are worthy of your time? Well, we have a way to figure out that for you. Read on to take a detailed look at the best sports betting sites for 2022.
From creating a new betting account to winning your first bet, we have listed various sports betting sites that highlight everything right from where to get started to the best betting apps with bonus offers.
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Top Sports Betting Sites in 2022 To Bet On
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Bovada – Excellent Reputation & Variety of Sports Leagues
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BetOnline – Best Betting Limits & Welcome Bonus For Beginners
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MyBookie – Popular Site For Quick Payouts
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BetUs – Best Betting Odds & Markets For Sports Fans
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BetMGM – Extensive Payment Options & Betting Lines
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FanDuel – Trusted Online Sportsbook With Good UI
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Current Popularity Of Sports Betting
In the past few years, there has been an enormous increment in the popularity of sports betting. It is majorly popular in western countries. As per the experts, the expected growth of the legalized online sports betting market is predicted to be around $218 billion by 2023.
Major sports betting events are considered; for example, punters can deposit money and place bets on traditional sports like horse racing and dog racing and modern sports like soccer, basketball, etc.
Some of the main factors behind the popularity of most betting sites are as follows:
- Chance to make extra money
- A new perspective on watching games
- A new type of lifestyle
- Ease of use
What Makes An Ideal Sports Betting Experience?
Sports betting is a game based on luck or chance, where the players risk their money by wagering it on fixed outcomes of a game in the hope of getting a monetary reward far more valuable than their stake. Below are some factors that make your sports betting experience worth it:
Transparency
To have the ideal experience, we recommend users check the level of transparency maintained by legal sports betting sites. These sites in terms of transparency are those which have all of the following features:
- License
- Sports betting legislation
- Responsible gaming
- Provably Fair system
- Safety algorithms to protect personal data
- Extensive betting markets
Communication
The best online sportsbooks must have a social media presence that is helpful and considered valuable to connect and communicate with the customers.
Sites on platforms like Facebook, Twitter, or Instagram enable punters to see how the company communicates and interacts with current and future customers.
How We Rank & Review Top Sports Betting Sites?
Security & Safety
It is the most crucial factor to look for in the best sites because the betting world is full of fraud sites that can dupe the players by running off with their money. So, while looking for best legal online sportsbooks, a new user should first look for the security and safety procedures undertaken by the site.
Country Restrictions
Betting is an activity that is popular among players worldwide; therefore, legal sports betting sites try to provide their services in as many countries as possible. Before placing a bet at online casinos, one should check the country restrictions section of the website.
Legality & License
Another critical aspect of legal sportsbooks is whether the it is genuinely licensed and regulated by appropriate gambling authorities or find out – Is sports betting online legal?
The players must trust only the licensed, legal, and regulated websites before they start placing bets on sports.
Range Of Sports To Bet On
Players from various countries prefer college sports like college football, soccer, college basketball, and ice hockey. Besides college sports, many sports betting websites also support games like horse racing and dog shows, as per the sports betting law. Hence, numerous gaming options is yet another essential feature of the best betting sites.
Extensive Variety Of Betting Markets
In the sports betting world, there are multiple markets for each sport. Thus, before joining any particular sportsbook, one should check the market availability of different casino games on the site. Markets are important because the sports betting options of the players will be limited in case of low availability. Some of the top markets to look for are:
- Player Props
- Game Props
- Spreads
- Totals and more.
Sign-Up Offers
In the sports betting industry, players should use signup bonus offers or welcome bonuses to increase the size of the wager on a new bet. Many sites offer lucrative signup bonus when punters register to play on the website.
User Friendliness
Another prominent feature is the ease of navigation. User experience is an essential factor in improving the reputation of a new sportsbook. Therefore, while selecting the best sportsbooks online, players should go with the one with a simple UI.
Live Betting Section
Under this section, the players can open sports bets while the live game continues. Most of the sites offer the players multiple sports markets in the live betting category to choose the best one as per their betting portfolios.
The competitive odds change very fast in in-play markets; thus, punters must be on their toes to grab the best deals in the live betting section.
Mobile Betting Options
Online betting sites should allow users to bet from the comfort of their homes by using their mobile phones.
Hence, the players should go with the sportsbooks with a mobile app available on iOS and Google Play Store. The desktop site must also be optimized as per the requirement of major mobile-based web browsers.
Best Sports to Place Your Bets On
Here is the list of some of the best sportsbook sites to bet on:
Football
The most popular sports for wagering at the amateur and professional levels include association football, American football, NFL, Aussie Rules and Soccer. Sports gamblers can place their bets legitimately on the best football betting sites through a bookmaker. The frequency of college football betting varies by culture.
A large number of FIFA betting sites are also emerging almost on a daily basis, so sports bettors have plenty of options to turn to!
Basketball
Basketball is played worldwide and is progressively becoming the second most popular sport behind football in terms of global popularity. Professional basketball is now played in North America, Europe, and other countries.
The popularity of basketball betting sites has grown in recent years and you can put potentially profitable bets if you make accurate basketball predictions.
Baseball
Baseball is a money-line sport, unlike football and basketball, where most bets are made using the point spread. Although both available, prop and run line bets are less common. It means that wagerers must choose only the game’s winner and not the team that will cover.
If gamblers simply want to place bets on a team, they can visit a list of best baseball betting sites and place wise prop bets throughout the season.
Hockey
Despite the recent increase in hockey betting sites, this sport still has very little betting on major sporting events. With the exception of your die-hard hockey wise guys, there aren’t many casual sports bettors who want to go down on hockey.
Golf
Nearly every golf player has a good chance of winning on any given week, but golf betting sites go far beyond predicting the eventual champion.
As most golf competitions are for every man or woman, you must choose the winner from over a hundred competitors, unlike team sports. You can wager on who will lead at the end of a round in addition to the tournament winner.
MMA
Do you enjoy seeing fights that combine several different martial art forms? Whether you like straight freestyle, Greco-Roman wrestling, Muay Thai, Jiu-Jitsu (BJJ), or Muay Thai, MMA is your sport.
A wager on the favorite player will result in a smaller payoff, while a wager on the underdog will result in a bigger payout. The MMA Moneyline is often calculated at MMA betting sites based on the wager needed to win.
Cricket
In online cricket betting sites, timing is everything. You need to know the most recent team news, the form, the most recent details regarding the conditions, and more. There are more betting chances than ever for cricket fans, thanks to the thrilling blend of new and traditional formats.
Important Qualities of Best Online Sports Betting Site
Reputation
One needs to verify the license information because it is a good indicator of the reputation of the best online sportsbooks. Bettors can also visit Reddit or similar sportsbook review sites for more information on the reputation of a particular online sports betting site.
Deposit Options
An essential feature of the best sportsbook is the availability of multiple deposit methods on the online betting site. A deposit match and loyalty programs are rewarded to players who wager enormous money on best sports bets. The deposit match can induce a player’s winnings by a huge margin.
Withdrawal Options
While choosing the best sportsbooks, you should go with the ones with minor withdrawal terms and conditions. The withdrawal methods must be smooth and hassle-free for bettors to bet online and make money for a long time.
Bonus Terms And Conditions
The legal sports betting site provides new players lucrative bonuses and promotional offers. It is an excellent way for newcomers to start their betting journey. The bonus offers include a welcome bonus of huge monetary value.
Out of all the sportsbook bonuses and promotions, the signup bonus or welcome bonus is the most lucrative one that some of the top online sportsbooks offer to new users.
Payout Options And Speed
Another vital factor to look for is the payout options before betting on the sites online. After winning, some sites may put withdrawal restrictions like the minimum withdrawal limit to prevent players from making withdrawals.
Players should also look out for cryptocurrency as a payment method as it offers the fastest settlement speed out of all banking options.
Customer Support
A professional and great customer service team is needed to tackle any issue. One must look for sites with dedicated and talented customer service executives.
The legal online sports betting sites provide 24/7 service via different contact methods like live chat function, email support, phone number, etc. Some sites may offer a comprehensive FAQs section for general queries.
Casino and Poker Options
One of the exciting things about betting is that players can try something new by checking out online casinos and online poker offerings.
Most sportsbooks have a variety of slot games, live poker games, and table games like blackjack, roulette, baccarat, etc. Users can place a bet on outcome of any online casino game after making the initial deposit using any of the available payment options via credit cards, debit cards, e-wallet, etc.
Moreover, if the players use the same online sportsbook for their gambling needs, they can do both sports and casino gambling simultaneously and easily switch back and forth between them. It provides the users an option to place their best bets on sports and the hands of poker at the same time.
Bonuses And Promotions Available At Best Online Sportsbook
Risk-Free Bets
The risk-free bet is a bonus run by an online sportsbook for punters. It is a free bet bonus where the players don’t have to use their funds. The sportsbook bonus bets come with a type of bet insurance, where the players receive bet credits if they lose money while sports wagering.
However, the players must use their total bankroll at least five times before making any withdrawals of the risk-free bet winnings.
Signup Bonuses
The new joiners get a bonus on signing up with the online sportsbook along with some great betting opportunities. Sign-up bonuses are the most common promotional offer that one may come across in the bonuses and promotions section.
Cashback Bets
Cashback bets are also known as “Rakeback Promotion”. As its name suggests, a small section of the wagering amount is returned to players if they face losses. There are some terms and conditions of the top sportsbooks that players must fulfill to avail the benefits of this offer.
Crypto Bonuses
With the rise in the value of cryptocurrency, legal sports betting sites online have also increased the use of cryptocurrency. Various sportsbook bonuses are offered to the players if they make deposits in the form of crypto. The punters need to make deposits by using the available cryptocurrencies, and the site will increase the betting stake size by some percentage.
The sportsbook bonus is offered to punters in the form of deposit matches and loyalty programs to reward them for their commitment.
Legal Vs. Offshore Betting Sites – Which One To Choose?
The best possible options for bettors are gambling sites that have acquired genuine licenses. There are some of the bets offshore sportsbooks where punters can do betting on sports but only on the black market, as government authorities do not approve these sites.
Benefits of using legal sites
- The legal sites have to abide by the rules established by the authorities
- Legalized betting websites have to give punters information regarding their terms and conditions like house rules, funding criteria, support options, bonus requirements, etc.
Problems faced in using the offshore betting websites
- The disappearance of bankroll funds
- Highly complicated bonus offers
- Irregular payouts
- Sportsbook operators may vanish without any pre-notice
- Winners may lose all their real money after winning.
Online Sports Betting Apps For Bettors
In the world of rapid innovation, mobile sportsbook, or mobile sports betting, has become the most convenient and fastest way of betting on sports. Almost all betting sites offer a mobile version of their website.
Mobile sportsbook is safe and secure because all the security procedures that desktop websites use are applied here too. Sometimes, the user interface of a mobile betting site is far better than the main version.
Are Sportsbook Apps Safe?
The best sports betting apps are highly safe and secure if punters use gambling establishments with genuine licenses and work under online gambling regulations.
Many best sports betting apps use SSL Encryption technology to make the deposits and withdrawals safe and secure.
The sportsbook app protects users’ data and works under the same jurisdiction as the website. One can download the mobile app safely from the iOS and Google Play Store.
How To Create A Sports Betting Account?
Signing up at your best betting site is simple. Before you start placing your bet online, you will need to follow the below steps:
Step 1: Pick A Top Online Sportsbook
One should go through the list of sites with advantages and disadvantages before picking any gambling site to bet on. The players must select a site that meets all their requirements.
Step 2: Sign Up
The next step would be to sign-up on the selected sportsbook site. Fill in the required basic information on the sign-up page. If the players want to start crypto sports betting, they must have their wallets ready for the transactions.
Step 3: Make A Deposit
Once the sign-up process is over, the players are ready to make their first deposit and wager money online. The process is then completed to place the first bet, and one can use any available deposit methods to fund their betting accounts.
Step 4: Place A Bet
There are multiple bet types for the players. The most common sports bet types are prop bets, parlay bets, and straight bets. One needs to choose the sporting event, fill in the amount, and submit their bet ticket.
Top Sports Betting Tips To Help You Win
Do Your Research
Research is crucial for bettors who are new entrants in this field. It is an excellent strategy to get all the information before one starts using real money on most popular online sportsbooks.
A bettor should review the top sportsbooks to get in-depth information about their reputation and credibility. The online sportsbook reviews offer an accurate outlook of the particular gambling platform.
Soak Up Tips
Before punters bet on sports online, they must follow the tips of veteran bettors to wager money on a successful bet. Some basic tips are choosing the right bookmaker and checking the payment methods. The new sports bettors should soak up all the betting tips available on various betting websites.
Keep Records
Once the bettors start betting, they must maintain complete records of their investment and its returns. Only then can one differentiate between the profits and losses in their betting journey.
Budget
We advise casual bettors to be a little spendthrift while practicing on best online betting site, as it will help them stay longer in the game while giving them enough time to enjoy the betting experience.
Do Not Overstretch Yourself
If players find themselves in a tight spot, they need to relax and not overstretch in the heat of the moment. It is one of the common mistakes that newcomers make while betting. When they start losing, they lose patience and start taking unnecessary risks to cover up their previous losses. It leads to a downtrodden path, ultimately losing all their betting funds.
Follow Your Head, Not Your Heart
The brain is always more calculative and rational than the heart. Punters are advised to listen to their brains, not their hearts. It will save the players from unwanted losses.
Our Verdict
Looking for the best online sportsbook that suits one’s requirements depends on the amount of research and analysis done. Some previous betting experience also comes in handy at such times.
We have discussed the factors that one should find in their preferred online sportsbook. Some of the best sportsbooks are for those looking for the highest value only; others cater specifically to veteran bettors, while some may only provide an exciting and easy-to-use platform.
Before indulging in betting, punters should take a step back and explore everything about the platform they will use to win monetary rewards.
FAQs
Is Online Sports Betting Legal?
Yes, sports betting is considered legal in various countries. However, there are many countries that have strict gambling laws.
Are Online Sportsbooks Safe?
The online sportsbooks having the best reviews and great reputations are safe and trustworthy.
What Is A Risk-Free Bet?
A risk-free is a bet type that lets one wager with their actual money with a 100% money-back insurance in case of a loss. The winnings are treated as usual, but the lost stake is credited back to the sportsbook account in case of losses.
Why Do Odds Vary Between Online Sportsbooks?
All sportsbooks have their way of calculating when it comes to formulating odds, which is the reason behind the difference in odds between various sportsbooks. This difference is kept to lure the new customers their way as one online site tries to outsmart another.
How Much Of A Cut Does The Sportsbook Take?
The reliable sportsbook makes money by charging fees on the bets placed by the bettors. Mostly, the betting platform charges 10% of the wagering amount. However, some sportsbooks offer fees different from others as per the game’s condition.
