It’s Smart Betting to Have Accounts at Multiple Sportsbooks

Matthew Jordan

Tuesday, June 27, 2017 9:41 PM UTC

Tuesday, Jun. 27, 2017 9:41 PM UTC

Sometimes the vast amount of online sportsbooks competing for your business can seem daunting, but it’s simply a no-brainer to have accounts at multiple books to get more bang for your buck. Here’s why.

Like The Song Says, Shop Around!

Let’s say you are going to buy a new Honda Civic. Would you just head to some local dealer and take the best offer from a shady car salesman looking for a commission? Of course not. Auto dealerships are in business to make money. You should be out gathering information to compare prices, extra features offered and the like. Ditto buying a house, condo or any big purchase. You don’t go pay market value for the first house you find. It’s important to shop around for the best value and to find a seller that will meet your terms. Make them compete for your hard-earned dollar and bid against each other

Betting at any of SBR’s top-rated sportsbooks is nothing different. First off, know that Sportsbook Review has been an industry watchdog since 1999. Each of the sports betting sites on SBR’s best sportsbook page have been in business for at least seven years and are in good standing with players. SBR's pages contain website video tours, company information, and offerings for each sportsbook.

If you want a Cliffs Notes version of where to open accounts at sportsbooks, check out SBR’s online sports betting rating guide. These are updated constantly with grade changes or relevant industry news. Currently SBR gives out A+ grades to five books: BookMaker, 5Dimes, BetOnline, BetDSI and Heritage Sports. Those with an A grade are: Intertops, SportsBetting, JustBet, Bovada, GalaxySports and Sportbet. Those are good places to begin your online browsing.


Sportsbooks Are Similar But Different

Casual bettors might believe that all spreads, moneylines or totals on a game are the same at the books. That’s not true at all – although the numbers won’t be hugely different. Sportsbooks will have different spreads, moneylines or totals prices for a variety of reasons. For example, if one huge bet comes in a certain game, that would affect that sportsbooks’ number.

Let’s say you want to bet on a Yankees-Red Sox game Major League Baseball game. New York could be a +120 underdog at one book and +135 at another at certain time. Wouldn’t you rather win an extra $15 on the Yankees for the same $100 bet? That kind of savings/winning can really add up over a year.

A point difference in a football spread can be a huge thing. Let’s say the Dallas Cowboys are 6.5-point favorites over the Chicago Bears at sportsbook A and 7.5-point favorites at sportsbook B. If you are a Bears fan looking to bet on them, you 100 percent want that extra point as it could easily be the difference between a win or a loss. In the NBA, getting an extra 0.5 or 1 point every time you bet has been proven to increase overall winning by 1-3 percent over a full season.

When odds are released can vary at books. One might post an NFL line available to be wagered as early as Sunday night the previous week. Some wait until the full previous week is finished. Some have night-before NBA, MLB and NHL lines available and some don’t. Getting an early bet on a game can be a huge advantage before the public money flows in and changes the numbers. Ditto with props or futures. Some books focus mostly on daily games and odds, while others come up with very unusual prop or futures odds.

Like any brick-and-mortar company, sportsbooks do things their own way to draw your business. Imagine you are in Vegas. Some books provide free drinks or appetizers, hot waitresses, etc., to lure you in the building. Obviously online books can’t do that. What they will do is offer bonuses in many forms. The more you spend, the more they want to cater to you. Every sportsbook gives out sign-up bonuses. Free money = good thing. Some sites will offer matching bonuses from other books. One great promotion is reduced juice, which is basically discounted odds. Deposit and withdrawal methods also can vary.

We can only help you to a certain point in recommending betting plays here at SBR with our expert recommendations. It’s up to you to find the right sportsbooks – plural – to benefit you the most financially.

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