Gambling is a worldwide phenomenon with millions of people enjoying online betting. With so many online sportsbooks out there, it’s easy to see why people are wary when betting online. We explore the safety and reliability of online sports betting sites.
What security measures do betting sites have?
Most betting sites have security in place that can rival the standards of banks. The usual security measures include an SSL certificate and secure firewalls. Other security rules include audits on games and payouts. Personal information checks are another way that online betting sites help to keep players safe.
You have to verify your identity before you can draw money out of your online gaming account. Specific processes are also in place on some sites. These include logging you out of your account after a particular amount of time of no activity. Some even offer a two-step login process.
If you use a credit or debit card for your online bets, then you get an added security measure set in place by your bank. Banks have strict safety systems to pick up on criminal activities. If by chance, your card is used for shady transactions, then you can claim the money back from your bank.
The same isn’t always true for methods such as e-wallets or cryptocurrency. Cryptos are currently still unregulated, making them open to fraud. That’s why many online betting sites put strict verification procedures in place.
Other digital systems security practices for security
The banking sector is currently using tech that will prove useful in the gaming industry too. Digital onboarding is the latest buzzword in identity verification for online checks. All the player needs to do is to take a photo of an official ID document, such as a driver’s license, and a selfie.
This information gets verified by intelligent software. First, the software will check that the document is genuine and has not been altered. Then the facial recognition software will match the license to the photo. At the same time, the person’s data is checked via the backend using various sources. Checks include information such as phone account records. You’ll be able to accept terms and conditions with an electronic signature. This all takes place within seconds.
The gaming industry wants to take this a step further. It’s hoping to link this information to selected smart devices and computers. Players can only gamble from the ones they connect to the provider. This helps to block third parties from trying to log in from remote areas.
Access to personal and sensitive data
A fear that many online players have is that their information will somehow leak to third party entities. No one wants to get a whole bunch of annoying telesales calls, but it also puts them at risk of identity theft. There are privacy policies in place where casinos agree not to sell the player’s details to third parties.
It was first issued by the Organization for Economic Co-operation and Development. It came into being in 1980 to protect individuals’ data. The privacy laws of Europe and most other countries work on these ideals. Other operators adhere to ISO27001 policies. They undergo an information security audit every three months.
All of your data is safe due to a variety of security measures that the bookmakers have to use. This is so that you don’t have to only rely on a promise on the website. It’s in the bookie’s best interest to protect players from hackers. It shows that online bookmakers are taking the safety of its players seriously.
Reputation and License
Checking the security features of an online bookmaker will give you peace of mind. However, it’s not enough to know that your information is safe. It would be best if you also used operators that have a solid reputation for paying out winnings. No-one is placing bets on sporting events in the hope of losing. When you’ve won your wager, you’ll want your money. The best way to find out if the bookmaker is reliable is to see what experiences other players have had.
If the online bookmaker has the proper license in place, then you can put your mind at rest. It would need to conform to specific rules to keep that license valid. All of the regulators have objectives to meet, in order to try to keep online sports betting honest. In the instance of the UKGC, their main goals are as follows:
- Gambling should be fair and played openly
- Aim to prevent Gambling from becoming a source of crime or disorder, or being used to support crime
- Protect vulnerable people, including children from being harmed or exploited by Gambling
There are many scams out there and fly-by-night sportsbooks. Do your research and check up on the operator’s ratings and reviews. If they have a bad reputation for paying out, then steer clear.
Tips for safe online Gambling
Don’t rely only on the security that online bookies have in place. There are a few things that you can do to keep yourself safe.
- Use a bookmaker that’s licensed and regulated by a reputable governing body.
- Don’t ever share your online betting information with anyone
- Don’t write down the login details for your online sports betting account. Pieces of paper can fall into the wrong hands. Instead, try to remember the info or store it in an online password wallet.
- Make sure that your internet connection is 100% secure, and always log off between sessions.
- If your preferred online sportsbook offers two-step verification, then use it for added security.
The first item is essential. You can’t blindly trust any site that pops up offering sports bets. Some online bookies would cheat you out of your money the moment the chance presented itself. If you’re not sure about a particular sportsbook, then start with small bets. Use their services for a while before upping your sports betting amounts.
No-one can say for sure that online Gambling is 100% safe. We want to think that online bookmakers are perfectly safe and secure. However, it’s up to the punters to make sure that they find a reputable and reliable bookmaker. Check the reviews and research your favourite bookmaker. It will help you to find a competent and trustworthy operator.