Internet sports book is now more popular in the world than any other sports betting system.
They have the ability to handle more transactions than a conventional sports book at less cost. This enables them to charge less cost for their service which in turn is passed on to the customers in the form of lesser commission. They can also give more bonus and incentives to customers. Internet sports book also offers other services like casino games, poker and bingo to their regular clients.
The internet sports books take bets online from any part of the world that has licensed sports betting. People from countries that have not declared sports betting as a criminal offence can bet online to sports books. The tax, payments rates and rules and regulations may vary by countries.
The integrity of internet sports books are questioned since some of them just accept bets and then just disappears or fails to pay the winners. Many sites have also shown signs of unacceptable customer service. Some are even found holding the money from customers. But there are also sites that have fetched billions of dollars to customers and exhibit better customer service.
The internet sports books vary not only on the quality but also on the type of sports they are dealing with.
Some sites primarily give importance to American sports while others give importance to European sports. Some site will provide betting facility only to a single event like football or basketball as they are specialized in it. The other variation is based on the quantity of customers handled. Some sites are capable of handling only limited customers and some others don’t have a limit at all. The amount of money handled also makes a difference. Some sites can handle high betting amounts but some limits the amount to a lower rate. They payment method also vary different stock books, there is no universally accepted money transfer method.