Last Updated on July 16, 2022
Online sports betting has become increasingly popular over the last few years, and a growing list of countries are allowing residents to play. This might have you wondering which bet site is the best? This sure bet guide highlights the current sportsbook rankings for multiple types of betting so that you can decide which site is right for you.
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What To Look For When Identifying Your Best Betting Company
While sportsbooks have similar features, they remain competitive by offering a variety of perks and promotional offerings. So, the first thing to do is determine what platform features and benefits are most important to you. If you are new to online gambling, you may need to try a few sites until you find the right fit.
Here are some of the top perks to consider:
Loyalty Programs
We all like getting something extra here and there, so check out the loyalty program and determine if it will be beneficial for your betting frequency.
Bonuses And Promotions – The Key of Betting Sites Rankings
From signup bonuses to one-off bonuses, or ongoing bonuses and promotions, it’s essential to know what perks each site offers. This might include cash bonuses for a designated deposit amount, free bets, risk-free bets, sport-specific bonuses and promotions, and more.
Mobile App
Almost every bet site is at least mobile responsive, but for easy betting on the go you may prefer a site with a mobile app. In fact, you may find that you use the mobile app even when you have access to a desktop or laptop as it’s just easier to use.
Range Of Sports Defined The Sportsbook Rankings
Sports betting isn’t just about betting on your favourite sports and teams, but betting with the intention to win. Many betting sites welcome global betting on a variety of global sports. So, you may find yourself betting on both sports you follow and sports that you aren’t as personally passionate about. This includes professional sports, fights, major playoffs, horseraces, and even some collegiate sports.
Casino Games
Some sports betting sites only feature live sports, but to be at the top of sportsbook rankings some include eSports and casino games such as poker, slots, roulette, blackjack, and more.
When Are Lines Released
The top betting sites are ahead of the curve releasing their lines early. Those that are slower to release their lines are typically just waiting to see where the rest of the market falls. Those who release their lines early, are crunching their own numbers (often with a proprietary algorithm) to get odds to you as soon as possible. For daily sports, this is the night before or day of, but for sports with games that are more spread out, lines will be released as the current slate is winding down.
Best Odds
You will likely have a strategy for calculating odds and a variety of sources you reference, but one of your top sources should be your sportsbook. Ultimately, most bet sites will share fairly similar odds, but on occasion, there will be outliers. When a sportsbook’s odds stand out from the pack, you can strategize as to how to bet. Odds aside, there is no way around regular line shopping.
A Break On Juice
Some sites offer a no-juice or reduced rake spreads which may make them a more attractive option. The juice doesn’t just vary from one site to the next but may vary from one sport to the next within the same sportsbook.
You’ll Probably Sign Up For More Than One Site
It’s essential to try a few of the best betting sites on for size and test up and coming sites. Personal preferences will vary from one person to the next, and the sites you prefer may simply be more visually appealing or intuitive to use than their competitors.
In addition to personal preference, signing up for multiple sites empowers you to engage in arbitrage betting. This is the concept of taking opposing bets with two bookmakers to ensure that you’ll win. By betting on all outcomes, using a mix of odds from various bookies, you can take risk-free bets. Although legal, sportsbooks frown on arbitrage betting and if you are caught you can be permanently banned from a site. Arbitrage is also referred to as surebets, surewins, arbing, and miraclebets.
Cryptocurrency Sportsbook Rankings
If you prefer cryptocurrency-based betting, Cloudbet and NitrogenSports are our top picks. With the anonymity of Bitcoin blockchains, you can bet without verifying your age. Here’s what you need to know to choose between the two.
Cloudbet
Cloudbet features both live sports betting and casino games. Founded in 2013, this site has been around since the inception of Bitcoin.
Pros
- Maximum bets vary from one sport to the next but start as low as 0.001 BTC
- Signup bonus to immediately begin betting
- Zero margin odds to identify surebets and value bets
- Sports betting and casino games
Cons
- Less popular events tend to payout slower
- Bitcoin prices fluctuate daily
- Maximum bets are locked
- Not available in the USA, Hong Kong, UK, or Singapore
NitrogenSports
Another worthy contender for crypto-based betting is NitrogenSports. Founded in 2012, they are one of the best gambling sites. UK Bettors can bet on NitrogenSports EU.
Pros
- Maximum bets vary from one sport to the next but start as low as 0.001 BTC
- Bet on sporting events, poker, casino games, and eSports
- Lightning fast payouts
- In addition to Bitcoin, funds can be added via Neteller, PayPal, and Skrill
- Can be played in all countries where Bitcoin gambling is legal
Cons
- Bitcoin costs fluctuate daily
- No bonuses
- Site navigation could be better
High Stakes Betting Site Ranking
If you are a professional gambler or like to place the occasional high stake bet, you have plenty of worthy contenders to choose from. High stake sites have a few unique considerations, including:
Deposit Limits—while many sites offer high stakes betting, they may limit the amount of funds that you can deposit into your account at a time. So, plan accordingly when you want to place a bit bet.
Bigger Fees—bigger bets often mean bigger betting fees, so ensure you do the math first if the fee is percentage-based. Also, look for sports booking sites that offer a flat fee, or no fees.
Payout Policy—payout policies often vary for payouts that are more than five figures. So, if you want to cash out instead of using your winnings to gamble more, ensure you understand the wait times. Also, check the policy to see if they have a max payout limit, as you may not be able to withdraw your high stakes winnings all at once. Beyond reading the fine print of their policies, check online reviews in search of payout speed.
VIP Perks—in addition to the general bonuses and promotions, many sportsbooks offer additional perks to high stakes betters. Check out what the perks are for the amount you plan on betting.
Professional Restrictions—many high stake sites limit betting amounts for professional gamblers.
Good Margins—in addition to the industry-standard margins for sports, the margins may vary with high stake sites. Odds are typically between 2% and 6% which is a significant amount of money when speaking of high stake betting.
Here are the top high stakes betting sites to consider.
#1 William Hill – At The Top of Sportsbook Rankings
William Hill accepts bets up to $500,000 and does not lower the limit for professional bettors. This London-based site is one of the oldest in the world as they’ve been booking bets since 1934.
- Signup bonus
- Over 35 deposit methods
- 72 hour or less payouts
- Intuitive mobile app
- Incentives for mobile app betting
- Mobile live streaming
#2 Ladbrokes
Another high stakes site that accepts bets up to $500,000, but they reduce limits for professional bettors and price-traded bettors. They’ve been around since 1999 and are a top contender for sports betting.
- Minimal signup bonus
- No fees on withdraws
- Accepts all major deposit and withdrawl options
- Live mobile betting
- Mobile betting incentives
- Ideal for those who like to bet on football and horseracing
#3 Pinnacle Sports
Pinnacle is available in over 100 countries and accepts bets up to $40,000. As their slogan goes, “Winners are Welcome”, so they do not lower limits for professional sports bettors or arbitrage betters.
- No signup bonus
- High-quality odds
- Reduced juice
- Intuitive mobile site
- Over 25 deposit and withdrawl options
#4 Bet 365
Bet 365 is one of the top-ranked online betting sites for high stakes. They pay winnings up to 6 figures for many sports, and up to $1,000,000 for football and horseraces. Be mindful though, as there are a few cases in which they have not paid out high winnings. They may limit winnings on professionals.
- Sign up bonus varies by region
- Fast payouts
- Excellent range of sports
- Limited withdraw and deposit options
- Intuitive mobile betting
#5 Bovada
Bovada reduces their limits for professional betters, but everyday betters can place bets up to $15,000. They offer a variety of attractive bonuses and promotions for football season.
- Signup bonus
- Fast verification
- Fast payouts
- Limited deposit and withdrawl options
- Accepts bitcoin
- Intuitive mobile betting
- Soft odds
What Bet Site Is The Best?
The online betting websites ranked above are broken into a few different categories to help you narrow down your options. Many new and tenured gamblers sign up for a site or two at a time, learn their way around, then test another site or two. Over time, you will find that you prefer a few sites over the others.
The sportsbook rankings above are designed to help you narrow down your options by betting with safe and trusted sites that have earned their positive reputation.
