How To Know Its A Sportsbook Scam

The first thing you should do if you’re tempted to participate in one of these sports book sites is to find out what odds they’re providing. Naturally, if someone is unethical enough to run one of these scam sites, that person would have no qualms about creating an additional incentive by providing fake odds greatly favoring the bettor. Keep in mind that legitimate Vegas odds makers couldn’t stay in business offering such unrealistic odds, and if the experts can’t do it, no one can.

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In short, “too tempting to pass up” actually means “too tempting to be real.” If a car dealer offered a vehicle for thousands less than his competitor across the street was asking, you’d know something wasn’t right. The first guy would go out of business selling at that price if there wasn’t something wrong with that car that he wasn’t telling you about. But you know he’s not going to go out of business – he’s running a scam. You should have the same reaction to unrealistic bonuses on a sports book site – the operators would quickly go out of business if their generous offers were legitimate. But they’re not legitimate – and even if they were, you still won’t collect any winnings, because the site would soon go out of business.

There is another type of con run by some of these sites. Instead of overly tempting odds, it will flip that around, with odds so insurmountable that the risk outweighs any potential reward.

If you want to put a site through a legitimacy test, the odds and the bonus are the first things to check. Is there a rule of thumb for realistic odds that offer evidence of a viable long-term business model for a sports book site? Yes – the odds should be approximately 5, maybe less. Once the odds reach 10 or more the site is stretching credibility just a little too far.  

Likewise, there are reasonable and unreasonable ranges for bonuses. For a first deposit bonus, you should be looking at something within 10% to 25%. Once the bonus crosses the 25% threshold, it’s time to look elsewhere.