The 6 least-known facts about online betting platforms that people should check

Everyone looking to dive deep into online betting will be shocked at the number of operators. Not all of them will offer appealing services, but many bookies have improved their services drastically in the last couple of years. Consequently, they provide much better overall bonuses and features than before.

Picking an online betting platform is a complex procedure requiring you to review a lot of information. Everyone knows some of the aspects that people need to check, but there are also several lesser-known facts that we are about to cover right now.

Not all licensed platforms are equally safe

When analysing an iGaming site, you must start by checking the specific platform’s license. Professional iGaming operator analysts always do this because they need to recommend secure bookies. Efirbet’s website has many such reviews because every analysis includes details about the license and whether the given brand is legit. 

The bad news is that not all licensed iGaming operators offer trustworthy services. Many platforms that display licenses do not meet the needed criteria. Some have permits from places that do not regulate the platforms as strictly as others. These places provide minimal consumer protection and put people who use them in danger. 

On the other hand, you can also find bookies who operate in specific jurisdictions where the gambling regulator is much stricter. Before using any such site, however, remember to verify the license number.

Platforms use margin algorithms that change by market

Among the things that people check when comparing several betting operators are the odds. Sports betting fans want to use a website that offers better odds for some of the most popular markets. These odds allow them to maximize their potential results if they predict the bets.

Some may not know that bookies offer better odds on certain sports and regions. Instead of using fixed odds for everything, online bookmakers use complicated odds margins to provide people with attractive results. There are many examples of this, such as offering less attractive odds for some lesser-popular sports and better odds for the attractive sports and competitive markets. Savvy users compare margins before betting, so bookies use complex algorithms to provide clients with the best odds possible.

Session Tracking & Behaviour Profiling are Common

In order to maximize their results and ensure people have what they want, many bookies track each player’s session and create behaviour profiles. Sites track how you bet and adjust their offers accordingly because they want to ensure you have access to the things that will help you keep playing for longer.

For better or worse, these processes are easier said than done. Modern bookmakers need to use special tools that monitor people’s patterns. These tools allow them to check the stake size, frequency, win/loss ratio, and more. The data helps them personalize promotions or even restrict accounts if deemed too successful.

These tools also help bookies with the so-called “shadow banning”. Some of you may not know it, but this is when bookies start offering slower odds updates, bet delays, and others.

Withdrawal speed can be slower for strategic reasons

One of the criteria that online bettors almost always check before wagering is the withdrawal speeds. Most bookies try everything they can to offer competitive withdrawal speeds, but the reality is that some will temporarily slow down that process. 

Aside from the common verification excuses, some platforms intentionally slow down the process because this increases the likelihood of users canceling their request. If that happens, people can continue playing, which means they have a chance to lose. 

Needless to say, this is not a problem when it comes to deposits. All operators will offer instant deposits because this allows clients to add funds to their accounts and start playing right away. 

VIP schemes often punish casual or disciplined bettors

Many of the big iGaming sites worldwide will provide many different bonuses, including the VIP club. This option provides an impressive array of options, including many different VIP rewards. Sadly, most of them are based on volume, not profitability.

Many people believe that betting more will lead to perks, but most loyalty perks do not work like that. Instead, they favor high turnover, no matter if you win or lose. Some schemes can even exclude “value bettors” from the rewards because they want to promote risk.

Mobile app features aren’t always the same

The last thing we need to address is mobile betting. Even though most bookies try to provide excellent apps and mobile sites that have all of the features, bonuses, and options, this is not always the case. Unfortunately, there are many situations where a given company’s mobile services offer fewer functionalities on mobile. This is especially true regarding niche bets, live streaming, or specific bet builders.

In some instances, bookies can even throttle in-play betting options on mobile during peak traffic to protect server capacity.