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Misconceptions About Online Betting Debunked

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Credit: Noah Silliman

In the past couple of years, online sports betting has become quite popular in the mainstream. The ever growing popularity of the online wagering market is unsurprising. After all, sportsbooks have always been popular, and moving them to the internet makes them a lot more accessible and available to a wider range of people.

However, as with anything new, that suddenly grows in popularity, certain misconceptions have formed around the practice. In this article, we would like to take a look at three myths that may keep some folks away from online bookmakers and debunk these falsehoods.

  1. “Underage Gambling and Betting”​

Oftentimes, people will say that online sportsbooks have no age restrictions, and the ones that do can easily be bypassed. This, however, is not the case. Any legitimate virtual sportsbook or casino knows how to verify the identity or age of anyone interested in online gambling and will have implemented age restrictions on their website. Just a few of the most popular ways to properly identify a player’s age include asking for some form of identification, which displays the name and date of birth of the gambler. This will then be processed by an online identity verification platform that will indicate whether the provided document is legitimate.

  1. “Gambling is for Men”​

Another common misconception which we are commonly met with is that gambling is exclusively for men. Perhaps this has remained truth for a majority of human history. However, it is no longer the case in 2022. In fact, according to research done last year, more women are signing up for online sports betting sites than men, and this has been the case since 2021.

It seems that women are now, more than ever, interested in sports and wagering, and their interest in the hobby is only expected to grow in the near future. After all, online wagering is a growing market nowadays, and more and more people, both women and men, are taking an interest in the practice with increasing frequency.

  1. “Online Sportsbooks Are Unregulated”​

The last misconception we are taking a look at is that online sportsbook are unregulated. In all fairness, there is a certain degree of truth hiding behind this. There are quite a few online casinos and online bookmakers out there, that function without a license by any notable authority. These websites are unregulated and must be avoided at all costs. They often function by giving players and bettors impossible. Sometimes, such platforms just function as actual scams that run off with the money from a wager.

However, this is far from the only online sportsbooks that are available online. There are hundreds, if not thousands of respectable, trusted and licensed online sportsbooks and gambling sites available online that set up fair odds, offer excellent promotions and bonuses, and are legal and regulated by the top authorities. These are usually the websites that you will want to take a look at, and use when putting down your wagers on your favorite sports.
 
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