 The online sports betting industry is one of the only areas in the world where being new is actually a bad thing. As the old saying goes it's guilty until proven innocent, and with new online sportsbooks this phrase couldn't hold more truth. Today we will be looking at one of the newest sportsbooks only being around for a couple of years, BetPhoenix.
- Who Bets Here - BetPhoenix has a great customer base, as they have a good mix of casual and new bettors while at the same time they attract sharps. If BetPhoenix is a new sportsbook, don't tell them that, as there marketing approach is an old school technique of high bonus and low juice. As we previously mentioned they attract casual bettors and this is because of the high bonus structure, while the sharps come for the low juices.
The BetPhoenix website receives a ton of action and aside from the high bonus low juice structure they employ, BetPhoenix also covers all fees. Meaning to say, for bettors, who have accounts with Western Union, money gram, bank wire and credit cards, BetPhoenix will cover all of the service charge fees, these middle parties require customers to pay.
- Customer Service - In an industry plagued by poor customer service, if you can establish yourself as a sports betting website that will always be there for a their customers, you have already won half the battle. With BetPhoenix, their customer service department is phenomenal.
Aside from your typical full year, 24 hour customer service department, BetPhoenix is one of a handful of sportsbooks which always takes responsibility. For instance, a few years back, the BetPhoenix website crashed due to a server change and as a result a lot of patrons were unable to place wagers. To apologize, all of the customers were given a free play option over the telephone.
When it comes to sports betting, it is all about winning. The problem with most players however is what they are focused on winning, as too often they are concerned with picking the right teams more often than not rather than winning more units and driving the bottom line. While it is obviously important to be able to win more wagers than you lose, the most important aspect of play the pay head bookies numbers is the ability to win more per unit than you lose, in order to make money. It is an accomplishment for a player to win eight of their 10 bets with $10 on every wager in order to make a profit of $60, but if they win four of five bets and two of the wins were wagers that they risked $100 on, then they will make a profit of $200.
One of the easiest ways to ensure that you are making more money on every win is to play the Betonline underdogs, for which there is no juice that needs to be paid in losses, while wins make for an even greater profit in the end. Taking all favorites will result in a lot of money lost to juice. For example, if you were to play the New York Yankees for five straight games at $100 a shot, and they were the favorites in each of them against teams like the Kansas City Royals and San Diego Padres, then even if they won three of the five at minus-150, you would only break even. That is because while you made $300 on the three wins combined ($100 each), the two losses cost $300 ($150 each) because of the juice. In the end, it is about making money and winning, so pay attention to the total units more than the overall wins.
|
 BetEd sportsbook is one of the youngest shops in the online betting industry. As a result of this, it automatically gets bad press from our colleagues. In the sports betting online industry, the motto is guilty until proven innocent. However, we are here today to outline a few reasons why BetEd is not as bad as some may think.
- Who Bets Here - BetEd is strictly aimed at attracting casual and new bettors. Nevertheless, because it is new, and new always tends to have value, sharp bettors do come by to check out the excitement.
Now it should be noted, that BetEd is not one of those sportsbooks that has early lines, or low juice or a variety of parlays. Instead, it has decent lines, with a considerable juice and their enticing factor is to attract players via their props bets. As well, BetEd is one of a handful of sportsbooks which use Western Union, Money Gram and Bank Wire as a one stop shopping option for all of your deposit and withdrawing needs.
- Customer Service - When you start off in the sports betting industry, building up your customer service will do wonders for attracting sharps in the long term. At BetEd their customer service department constantly ranks at a four and a half out of five stars on most all of our colleagues review sites.
However we should tell you that they have had their fair share of criticism in the past. Firstly, in 2009, after six years online, they had to transfer servers since their original one crashed. Since BetEd is strictly internet based, this caused a lot of issues for them.
Secondly, as we've noted throughout this review, BetEd is strictly a casual bettors shop. As this is the case, you will tend to hear about new bettors trying to pull a fast one on the shop. The issue BetEd had was that some bettors didn't want to follow their rules, and were unappreciative of having the rules enforced.
 Annually July 1st is the biggest day in all of professional sports, as teams in the NBA and NHL are able to sign the best players looking for new contracts. NBA betting enthusiasts second favorite time of the year kicks off in the heart of summer, and this year could be the best free agent class in history. This year's free agent class is as big as the 2004 draft class, as superstars from that draft, Lebron James, Dwayne Wade and Chris Bosh each are eligible to sign with a new franchise in hopes of capturing the elusive NBA title. After each player's current clubs the Cavaliers, Heat and Raptors had disappointing results this past season, all three superstars appear to be wanting a fresh start elsewhere. Further all three players are represented by the same agency and many fans betting on where the trio will land suspect, two if not all three may play together for one lucky team. Two teams reported to have the money for at least two of the three are the New York Knicks and Chicago Bulls. Of the two, the Knicks have the advantage financially as they were able to clear enough cap space to acquire two key off season additions. Fans should know that experts predict that if money is the main factor in James, Wade or Bosh leaving their current teams, the Knicks are the most lucrative option. Conversely, experts believe that if Lebron James leaves the Cavaliers he will end up in Chicago in hopes of helping the Bulls win a championship for the first time since James's idol and hall of famer Michael Jordan did so in 1998. Experts also believe that where James goes, so will Bosh and possibly Wade.
|
