Some perspectives of selecting an esportsbook online betting site are evident. The number of markets and welcome bonuses are two of the most clear-cut factors to contemplate.
Sportsbook Must Have the Esportsbook Market
For instance, if you’re a huge CS:GO fan, then you’d make certain that a betting site presents an abundance of lines for this game.
In terms of bonuses, you would prefer a deal that proposes a reasonable amount of cash at the same time with flexible terms and conditions. However, some contexts of picking an esports betting site are not so probable. Such principles don’t just present itself like bonuses and markets.
These same factors though, make the entire difference between whether you prefer or not a particular site. Continue reading as I deal with some of the overlooked features that you should consider.
Overall Reputation for Esports Betting Sites
Some betting sites look superficially impressive. They may promote an astonishing interface, complement with a $200 deposit bonus offer right on the homepage. These same aspects though, is possibly just a cover up for a corrupted operation. Exactly the reason why you have to look more intensively than just the homepage and some other pages.
You need to allot ample time in researching an esports betting site’s reputation before even considering a deposit.
Here are some questions to ask yourself during the process:
- What do reviews indicate about the site?
- Do customers generally appear to be happy?
- Has the operator been flagged for delayed payouts?
- Does their customer support elicit good or bad marks?
- Is the parent company (site’s owner) acclaimed or respected?
There’s no esports gambling site could please everybody all the time even if that site has been in business for quite a long time. There will always be people across the internet who criticize any operator. What you certainly want to dodge are esportsbook that regularly draw unpleasant feedback across the board.
Available Banking Options
You absolutely want to avoid putting lots of effort into inspecting a betting site only to discover there’s no option to deposit there. Among your priority stops at an esportsbook should be its banking section.
The objective is to ensure at least one of the available deposit and withdrawal methods can be utilized.
Below, you’ll see common banking options throughout the industry:
- Bank transfer
- Bitcoin Cash
- MST Gift Card
- Western Union
The number of available deposit/cashout methods will be immensely determined by if you’re in a regulated or non-regulated market. For instance, US players don’t have much access apart from Bitcoin, Mastercard, and Visa.
Particular individuals in regulated esports betting markets have their cream of the crop, including many of the options listed above. You simply have to adjust accordingly with whatever circumstance you’re in. Optimistically, you’ll have access to a wide array of deposit methods. If not, determine what you can work with under the given situation.
Bonus Terms and Conditions
Oftentimes, size is a major consideration in picking esports betting bonuses. At the end of the day, you wouldn’t settle for a tiny bonus if you’re going to make a hefty deposit.
Yet, you shouldn’t just bite the first big free bet or deposit bonus that appears before your eyes.
The terms and conditions should also be considered significantly in the matter. They dictate how easy you can actually gain a bonus and cash it out.
Here are important points to consider with any bonus:
- Playthrough – How much you need to put up (listed as multiple of bonus) prior to cashing out
- Time to claim offer – Esportsbook basically give you a week or less to claim the bonus
- Time to meet playthrough – You only have so long to satisfy rollover (e.g. 60 days)
- Minimum odds – You can’t just bet on solid favorites to satisfy playthrough more easily
- Market restrictions – Sometimes your bets will be enclosed to a certain game (e.g. Dota 2)
The terms and conditions can differ depending on the site. However, these are some of the most common terms you’ll repeatedly encounter.
General Terms and Conditions
General terms and conditions pertain to an esportsbook’s basic guidelines and regulations. These comprise everything from compliance with the state/country’s legal gambling age to opening accounts.
The long list of terms and conditions presented at sites appears to be intimidating. However, they’re actually not as terrifying as they may seem.
Betting sites need to safeguard themselves legally. They want to avoid any liability in case someone deviates from the law to place bets at their site.
Nonetheless, you still want to dedicate some time reviewing the general terms at any esportsbook you pick. Most likely, you won’t find anything too startling. Just in case though, you should at least browse over the general terms and conditions.
If Reduced Juice Is Offered in Place of a Bonus
One of the biggest disappointments is when an esportsbook doesn’t offer a bonus. Welcome bonuses are generally available at most sites after all.
In spite of that, you shouldn’t instantly discredit an esports gambling site simply for the reason they don’t feature a bonus. They could alternatively offer reduced juice (a.k.a. vig) in lieu of a welcome deal.
As perhaps you know, vig refers to the small amount that bookmakers receive from the losing side of a bet. 10% juice is usual with wagers that feature -110 odds.
However, some operators offer lower vig to provide you with more enticement to choose them. These are referred to as reduced juice bookmakers.
Oftentimes you can detect if an esportsbook offers smaller vig than the competition by simply reading reviews. A particular review will normally mention if a betting site is known for reduced juice.
Sure it’s always nice to get a bonus but lower vig is usually more favorable ultimately. This is principally true if you project on making lots of esports bets.
Deposit and Withdrawal Limits
Going back to banking, another component you need to consider includes the limits on both deposits and cashouts.
All esports betting sites set limits on the amount you can deposit or withdraw. Such restrictions may not bother you if you’re only using small betting amounts. On the contrary, when you’re accustomed to making large bets, these limits could be a cause of concern to you.
The ceiling on cashouts is especially essential if you wish to collect big winnings as quickly as possible.
Deposit and withdrawal limits regularly correspond with whether an esports gambling site is a “squarebook” or “sharpbook.”
- Squarebooks indulge recreational esports gamblers and have lower deposit/cashout limits. Generally, they do not at all allow you to deposit or withdraw more than $5,000 at once.
- Sharpbooks are inclined to accept both recreational and highly-skilled bettors. They might allow you to deposit up to $10,000 and cash out $50,000 or so.
As mentioned earlier, if you’re a small-time bettor you may not mind about the limits. You’d better consider checking it out beforehand, though, if you place huge wagers or wish to have quick access to large wins.
Fees on Withdrawals
Most esportsbooks don’t enforce fees on deposits. They’re willing to absorb costs correlated with deposits in order to draw or preserve your business.
The story turns differently with withdrawals though.
Betting sites want you to cover some or the entire fees associated with cashouts.
These costs differ depending on the bookmaker and which particular payment method you’re using. In regard to the latter, it will cost you much higher fees with Western Union as compared with a small e-wallet cashout.
Several esports betting sites list the fees for every withdrawal method in their banking section.
Picking a site where you can bet on esports shouldn’t be a burden but such process also shouldn’t be too rushed either.
You want to focus beyond just the gleaming factors when determining where to bet. Banking options and markets are commonly the two main things that gamblers consider above anything else.
Yet, you should also bear in mind how a site rates regarding the less dignified aspects, starting with overall reputation.
An operator’s reputation greatly contributes toward determining if they’re valuable.
You simply prefer to pick bookmakers that possess a history of delivering quality customer support and prompt payouts.
Banking methods are another essential factor to take into consideration. You must survey the cashier section ahead of time to ensure you can utilize at least one deposit and cashout method.
Incidentally, you should also be aware of the limitations on deposits and withdrawals. This aspect gains special relevance when you’re a big bettor.
The fees related with withdrawals can likewise affect your decision. Analyze and compare various esports betting sites to see how their fees rate with regard to your most preferred banking option.
Also, bonus and general terms and conditions are worth looking closely for. Ensuring that a site offers reasonable terms rather than abusive ones is our objective.
Visit our website at www.sportsperhead.com for more information on Esportsbooks. Call us now at (888) 684-9666.