In addition, most of the countries where sportsbooks are located require certain terms be met before they grant a license.
Most of these countries legalize and regulate online gaming in much the same manner as for other industries.
Because sportsbooks are located offshore many people automatically assume that they are dishonest and are in business solely to separate people from their hard-earned money. As with any industry there are always a few bad seeds to watch out for, but overall sportsbooks are not investing this type of money to pull a quick scam. They are here for the long haul to provide gamblers around the world with a place to bet.
One of the most important factors in online gaming is how fast a sportsbook pays out when you decide to cash in your account. Again, various establishments pay out differently. Some pay out in 24 hours while others can be longer. The industry average seems to be around 48 hours.