The significant opportunities in smaller betting providers
A popular question that often arises when bettors want to sign up for betting, especially for the first time, is the type or class of bookmakers to go for. Should a bettor go for the household names in the betting industry or find a new betting provider to start the journey of odds with? Would a bettor get better odds and bonuses in the known bookmaking brands than in the newer ones? The answers to these questions require even more consideration when you have little experience with online betting. This article will unravel or the myths and differences between the well-known bookmakers and the less-known ones.
What exactly are smaller betting providers?
Generally, betting providers are platforms in which bettors can stake money with displayed odds to provide payouts directly proportional to the odds. As far as this article is concerned, ‘smaller betting providers’ are fresh bookies that just joined the betting industry. Some punters consider the new bookies as a no-go-area and would instead stick to the reputable ones due to some bad experiences. Nonetheless, there are some bad eggs in the betting industry, both in the form of fresh and reputable bookies.
Fortunately, the betting industry is such a competitive and polarizing one that bookmakers cannot afford to violate the privileges and benefits that bettors should have. There are several betting forums and related blogs where any substandard bookmaker would easily be the trending discourse. In other words, most of the prejudices and preferences that bettors have of bookmakers are rarely a function of its year of establishment. Here are some of the new bookmakers and their features juxtaposed with top betting outfits like Bet365 or Bwin
1. Bet3000
Bet3000 is still one of the potential-filled sports betting providers in Germany that is still getting under-adequate attention. This betting platform came into existence in 2009 on the back of one of the most experienced bookmakers – Simon Springer. This betting provider has a reputation of good odds and years of success, and Bet3000 has taken a cue from the former. Bet3000 has gotten advertising deals with German football clubs like VfB Stuttgart, Hannover 96, and so many others over the years.
2. ComeOn
ComeOn is one bookmaker that you can consider as ‘new in the block’ as far as the sports betting market is concerned. It only got its license in 2011, and it has been pushing the limits ever since then. One would think 2011 to date is a long term, but concerning the betting market, it is pretty short as it takes a long time to learn the ropes and perfect bettor’s preferences. Some of the critical features in ComeOn are the wide range of bets, impressive odds, and the mouthwatering ComeOn’s bonus offer. This betting provider is a subsidiary of 10bet, so there is a bank of experience to fall back on.
3. Betsafe
BetSafe is another new German-based betting platform that has been in the market only since 2006. This key member of the Betsson Group offers comprehensive betting options, great betting odds, and live betting offers.
4. Youwin
This online betting platform came into the market in 2005 and has a distinct resemblance to the popular Sportingbet. It offers several bonus packages for new and existing customers and is stamping its ground with solid odds and a wide range of bets. This bookmaker also has the tennis icon Boris Becker as one of their advertising figures.
The list of the small betting provides making their marks in the betting industry is almost endless but let’s stop at these. The above name on the list proves that bettors do not necessarily stand any danger when they bet on betting providers. The reputable bookmakers listed on professional review sites and forums with great reviews, background reports would generally feel safer. Nonetheless, these smaller betting providers tend to offer better bonuses to new customers with Loyalty packages tailored to suit customers. Furthermore, due to these smaller betting platforms’ smaller networks, bettors tend to get more attention and more customer-friendliness.
What you stand to benefit from the smaller betting providers
The newer bookies have keyed into these huge customer bonuses to attract more bettors as they often offer better bonus campaigns. A vital example of this narrative is Betclic, a betting company, which is the first to provide risk-free first bet feature wherein bettors get back their first stake when they lost.
Here are some of the key features to look out for in a bookmaker
- Credible licensing authority
- Secured transactions
- Bettor’s review and ratings
- Impressive bonuses and offers
- User-friendly website
- Great customer support
Some of the red flags to consider in the smaller betting providers
- Management team: in several cases, betting platforms run away with customers’ money and then create another platform, often with the same team. Once the management team has ties with some shady betting venture, it is potentially a scam.
- Absence of licensing authority: Most private operators, individual bookies, and agents do not have licenses, and the enticing odds should not fool bettors.
Bettors should keep an open mind and not just be bent on sticking to a particular betting platform. As a bettor, your ultimate bearing should be towards the best winning chances. If the smaller and newer betting platform would offer better opportunities, then that is where you should be.
These smaller and newer bookmakers deploy some of the most sophisticated technologies and features. A lot of them have mobile apps, which support live betting, live streaming, etc.
Conclusion
In a nutshell, no betting company represents any form of danger just because of their operational size or the number of customers. Small or big betting providers have some financial responsibility towards bettors. More importantly, these up-and-coming bookmakers often go out of their way to provide offers impressive enough to give the big guns in the betting industry a run for their money.
If there are no negative reviews about the new bookmaker after thorough research; nothing should stop bettors from dealing with the lesser-known betting platforms. It is also essential you take a deeper look at the odds from a bookmaker and not just take it for face value. Lastly, these high odds would need to be backed with proven reliability to be on the safe side.
