There is so much noise in the online gambling world these days that sometimes it's getting hard to pick up the right bookmaker for you.
Every other bookie promises to reward you with the free sign-up deal, welcome bonus, foreign cruise, and many such things are it the legendary Coral bookies of the market or the lesser known ones.
If you have a curious mind, then it’s quite normal for you to investigate about the top secrets of virtual betting-bookies don’t want to reveal. Though you are not a policy maker, but who knows, knowing them may improve your betting acumen.
The following 5 points will give you a quickie tour through the hidden alleys of the online betting world.
Loyalty is Exaggerated in Betting
The world ‘loyalty’ is thorny in online gambling. Like the wise saying goes about loving the work but not the company, one should apply the same rule here.
The glamorous advertisements promoted by giant bookmakers may entice you enough to get yourself registered with them pronto.
Also, bookies mostly put emphasis on the bonding with the customer for a long term. If you are betting online in order to extricate the maximum monetary advantage, you shouldn’t link yourself with only one firm.
For example, check out the bonuses with Coral bookies and Sporting Life bookmakers to compare the weights of these two.
The term ‘bonus whoring’ may sound abominable but it has a great implication from the side of the bettors. Here, once you signed up with a specific bookmaker, you just don’t limit yourself there.
You start navigating through other bookies in the market to fish out for better deals. And no, there is nothing morally demeaning with it. Rather this is the nature of the beast called online gambling.
So, no matter how much the virtue of ‘loyalty’ is drummed up by bookmakers in their promotions; don’t get swayed by it. Rather, be smart when it comes to hooking the best bait.
A Great Shift is Coming Soon
M&A (mergers and acquisitions) has been quite rampant in the corporate world for a long period. And you know what?
The coming years will witness the same phenomenon in the online gambling too. In other words, stay glued to the current happenings of the online betting industry and you will surely come to know that, some of the giants are going to be merged up soon.
Now, what does it mean for the common bettor? It means many things, so it’s difficult to divide the outcome as black or white. For once, there will be a lower percentage of punters in future in comparison to now.
The market will be monopolized by a handful of bookmakers and that certainly implies that there would be stricter guidelines for the initial betting amount, bonus deals and much more.
But the good part is the scamsters or the fly-by-night companies will lose their grounds. So, if you fear to get duped out of your money as a novice, you may certainly feel more confident in the coming days.
As the online gambling, the sector is going through so many sudden shifts, with which the tribe of bookmakers is confused themselves. This is another secret that they certainly don’t want you to know.
They Don’t Always Cheer for Your Win
Again, this is somehow related to ‘loyalty.' If you decipher the advertisement of any prominent bookmaker, you will see that it generally asks for loyalty from the bettor in exchange for guaranteed prizes and bonuses.
But that’s not true all the time. Remember that, whether its Coral bookies or Bet365 bookmakers, they are here for the profit.
If you keep on winning then, how the house will reap its benefit? Ask any seasoned gambler, and you will hear how a winning account gets restricted time and again.
Offering side bets and insurance are two most popular options when it comes to cramping down your winning account.
You may not feel it initially, but once you try to put your stake against a certain odd, you will see that your account is hamstrung.
So, why not these practice is widely discussed in punters’ forums? Visiting a site like Gamble Geek that has devoted itself to enlighten unassuming punters about the tricks of the gambling trade, will open your eyes in many such bottled-up affairs of online betting.
The Upsurge of IT Crackdown
The upsurge of IT crackdown is an open secret in the online betting world. Didn’t you know that? Well, hear it from us.
The days of creating multiple accounts and betting from them simultaneously are long gone for a punter.
Branded bookmarkers like Coral, Ladbrokes and William Hill, have their own IT divisions to track down multiple accounts’ owners by tracing their IP addresses. Not only that, but they also can hunt down your home address with the help of Google Maps too.
So, if you are here in the hope of having some ‘fun’ time in a not-so-totally appropriate way, then do keep note that the fun days are already over for you.
And for obvious reasons, the bookmakers won’t publicize about their strong IT sections in the promotional materials.
Exchanges Offer Marginal Better Odds
The rise of betting exchanges has certainly challenged the monopoly of bookmakers. But the confident demeanor of any online bookie will defy this fact. Why exchanges are better in certain wagers, you may ask.
The answer resides in the fact that, here you will compete against each other (other bettors) but not with the house.
As there is no trace of bookies in exchanges like Betfair, the cost of betting is slightly lower for a punter. Also, you can expect a fair deal in terms of profit, once your bill is deducted. But this fact is hardly promoted in the popular outlets regarding online booking.
Apart from the above five points, the online betting industry also houses a host of other riddles to crack. Read up, dig deeper, do your research thoroughly and you will certainly be able to make informed choices while wagering.